New York Times Company (NYT)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 384,440 | 368,669 | 349,744 | 343,656 | 315,650 | 320,902 | 305,539 | 275,953 | 288,749 | 237,487 | 261,603 | 286,513 | 296,565 | 282,984 | 248,897 | 201,132 | 177,704 | 173,335 | 163,862 | 176,771 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,927,210 | 1,852,050 | 1,804,990 | 1,747,960 | 1,763,220 | 1,653,240 | 1,605,220 | 1,574,780 | 1,597,970 | 1,540,350 | 1,538,130 | 1,493,070 | 1,538,720 | 1,467,530 | 1,416,780 | 1,352,870 | 1,325,520 | 1,255,390 | 1,229,170 | 1,191,710 |
| Return on total capital | 19.95% | 19.91% | 19.38% | 19.66% | 17.90% | 19.41% | 19.03% | 17.52% | 18.07% | 15.42% | 17.01% | 19.19% | 19.27% | 19.28% | 17.57% | 14.87% | 13.41% | 13.81% | 13.33% | 14.83% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $384,440K ÷ ($—K + $1,927,210K)
= 19.95%
New York Times Company's return on total capital has shown fluctuations over the past few years, ranging from a low of 13.33% in June 2020 to a high of 19.95% in December 2024. The company's return on total capital improved steadily from 2020 to 2021, reaching a peak of 19.27% in December 2021. However, in the following quarters, the return on total capital experienced some volatility, with fluctuations observed in the range of 15.42% to 19.38%.
Overall, the trend indicates that New York Times Company has been effectively utilizing its capital to generate returns for its investors, with the return on total capital consistently remaining above 13% throughout the period under review. The recent performance demonstrates the company's ability to maintain a strong return on total capital above 19% in the last few quarters, indicating efficient capital management and profitability.
Peer comparison
Dec 31, 2024