New York Times Co. (NYT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.47	$0.61	+29.8%	—	—	—
Q3 26	$0.88	$0.89	+1.1%	—	—	—
Q2 26	$0.53	$0.59	+11.3%	—	—	—
Q1 26	$0.51	$0.58	+13.7%	—	—	—
Q4 25	$0.34	$0.41	+20.6%	—	—	—
Q3 25	$0.75	$0.8	+6.7%	—	—	—
Q2 25	$0.41	$0.45	+9.8%	—	—	—
Q1 25	$0.41	$0.45	+9.8%	—	—	—
Q4 24	$0.2	$0.31	+55.0%	—	—	—
Q3 24	$0.59	$0.7	+18.6%	—	—	—
Q2 24	$0.29	$0.37	+27.6%	—	—	—
Q1 24	$0.21	$0.38	+81.0%	—	—	—
Q4 23	$0.17	$0.19	+11.8%	—	—	—
Q3 23	$0.43	$0.59	+37.2%	—	—	—
Q2 23	$0.13	$0.21	+61.5%	—	—	—
Q1 23	$0.19	$0.24	+26.3%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.11	—	—	$2.8B	—
FY24	—	$1.79	—	—	$2.6B	—
FY23	—	$1.41	—	—	$2.4B	—
FY22	—	$1.04	—	—	$2.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.6B	$1.7B	$1.7B	$1.8B	$1.8B	$2.1B	$2.3B	$2.4B	$2.6B	$2.8B
YoY change	-1.51%	+7.73%	+4.35%	+3.64%	-1.58%	+16.3%	+11.3%	+5.1%	+6.59%	+9.24%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.6B	1.7B	1.7B	1.8B	1.8B	2.1B	2.3B	2.4B	2.6B	2.8B
Cost of revenue	629.4M	616.3M	947.9M	988.2M	959.3M	1B	1.2B	1.2B	1.3B	1.4B
Gross profit	926M	1.1B	800.7M	824M	824.3M	1B	1.1B	1.2B	1.3B	1.4B
Gross margin	59.5%	63.2%	45.8%	45.5%	46.2%	49.9%	47.6%	48.5%	49.4%	50.8%
Research & development	—	—	84.1M	106.4M	133.4M	160.9M	204.2M	228.8M	248.2M	264.3M
Selling, general & administrative	728.3M	815.1M	472.3M	479.4M	452.6M	545.1M	556.8M	571.3M	586.4M	635.1M
Operating expenses	728.3M	815.1M	556.4M	585.8M	585.9M	705.9M	761M	800.1M	834.6M	899.5M
Operating income	135.9M	182.4M	185.3M	177.5M	176.3M	271.9M	255.7M	290.9M	358.9M	450.7M
Operating margin	8.74%	10.9%	10.6%	9.8%	9.88%	13.1%	11.1%	12%	13.9%	16%
Non-operating income, net	-70.6M	-51.4M	7.3M	-7.4M	-74.1M	12.8M	-26.2M	-9.4M	-12M	-41.8M
Pretax income	30.5M	111.2M	176.1M	164.5M	115.4M	290.5M	236M	302.6M	383.4M	451.3M
Income tax	4.4M	104M	48.6M	24.5M	14.6M	70.5M	62.1M	69.8M	89.6M	107.3M
Net income	23.8M	6.8M	127.5M	140M	100.8M	220M	173.9M	232.8M	293.8M	344M
Net margin	1.53%	0.41%	7.29%	7.72%	5.65%	10.6%	7.53%	9.59%	11.4%	12.2%
EBITDA	184M	186.7M	247.2M	259.4M	171.8M	334.9M	333.9M	411.7M	487.3M	567.8M
EPS	0.18	0.03	0.76	0.84	0.6	1.31	1.04	1.41	1.79	2.11
Diluted EPS	0.18	0.03	0.75	0.83	0.6	1.31	1.04	1.4	1.77	2.09

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	598.3M	676.2M	594M	625.1M	640.2M	726.6M	635.9M	685.9M	700.8M	802.3M	712.2M	762.5M
Cost of revenue	311.1M	321.2M	316.9M	322.8M	331.8M	338M	334.6M	338.8M	349.1M	367.2M	362.9M	367.8M
Gross profit	287.2M	355.1M	277.1M	302.3M	308.3M	388.6M	301.3M	347.1M	351.7M	435.1M	349.3M	394.6M
Gross margin	48%	52.5%	46.7%	48.4%	48.2%	53.5%	47.4%	50.6%	50.2%	54.2%	49%	51.8%
Research & development	57.4M	58.3M	63.2M	62.2M	61M	61.8M	66.5M	63.9M	67M	66.9M	70.2M	70.3M
Selling, general & administrative	142.2M	146.4M	143.9M	138.2M	145.3M	158.9M	145.9M	151.7M	156.2M	181.3M	163.7M	180.5M
Operating expenses	197.4M	204.7M	207.1M	200.4M	206.4M	220.7M	212.4M	215.7M	223.2M	248.2M	233.9M	250.8M
Operating income	66.1M	128.4M	49.3M	81.4M	81.3M	146.9M	67.5M	110M	107.2M	166M	94.8M	122.6M
Operating margin	11%	19%	8.3%	13%	12.7%	20.2%	10.6%	16%	15.3%	20.7%	13.3%	16.1%
Non-operating income, net	-1.8M	3.8M	-2M	-3M	-5.7M	-1.3M	-13.5M	-8.1M	-10.5M	-9.6M	-7.8M	-8.3M
Pretax income	70M	139.9M	55.7M	87.1M	85M	155.6M	64M	111.7M	108M	167.6M	98.3M	125.2M
Income tax	16.4M	29.6M	15.2M	21.5M	20.9M	31.9M	14.4M	28.7M	26.4M	37.8M	10.4M	31.8M
Net income	53.6M	110.2M	40.4M	65.5M	64.1M	123.7M	49.6M	82.9M	81.6M	129.8M	87.9M	93.4M
Net margin	8.96%	16.3%	6.8%	10.5%	10%	17%	7.79%	12.1%	11.7%	16.2%	12.3%	12.3%
EBITDA	96.4M	161.6M	79.8M	112.1M	112.9M	182.5M	92.3M	139.2M	138.1M	198.2M	122.4M	151M
EPS	0.33	0.67	0.25	0.4	0.39	0.75	0.3	0.51	0.5	0.8	0.54	0.58
Diluted EPS	0.32	0.66	0.24	0.4	0.39	0.75	0.3	0.5	0.5	0.79	0.54	0.57

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.1B	3B	3.7B	5.3B	8.6B	8.1B	5.4B	8.1B	8.6B	11.3B	10.3B
Enterprise value	1.8B	2.8B	3.3B	5B	8.1B	7.5B	5.1B	7.7B	8B	10.7B	9.6B
Shares outstanding	161.1M	161.9M	164.8M	166M	167M	167.9M	166.9M	164.7M	164.4M	163.2M	163.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	89.9	438.1	28.8	38.2	85.7	36.9	31.1	34.7	29.1	32.9	26.6
P/S	1.38	1.79	2.1	2.95	4.85	3.91	2.35	3.33	3.31	4.01	3.49
P/B	2.54	3.34	3.52	4.55	6.51	5.26	3.39	4.58	4.44	5.55	5.04
EV/EBITDA	10	14.8	13.4	19.1	47.2	22.4	15.4	18.6	16.5	18.9	17.3
EV/Sales	1.18	1.64	1.9	2.74	4.54	3.62	2.22	3.16	3.11	3.8	3.27
Earnings yield	1.11%	0.23%	3.47%	2.62%	1.17%	2.71%	3.21%	2.88%	3.43%	3.04%	3.76%
FCF yield	3.44%	0.07%	2.17%	2.7%	3.05%	2.89%	2.1%	4.19%	4.46%	4.86%	4.44%
PEG	—	—	—	—	—	—	—	—	—	—	1.94

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	59.5%	63.2%	45.8%	45.5%	46.2%	49.9%	47.6%	48.5%	49.4%	50.8%	51.8%
Operating margin	8.74%	10.9%	10.6%	9.8%	9.88%	13.1%	11.1%	12%	13.9%	16%	17.1%
Net margin	1.53%	0.41%	7.29%	7.72%	5.65%	10.6%	7.53%	9.59%	11.4%	12.2%	13.3%
ROE	2.82%	0.76%	12.2%	11.9%	7.59%	14.3%	10.9%	13.2%	15.2%	16.9%	19.7%
ROA	1.09%	0.33%	5.8%	6.7%	4.37%	8.58%	6.88%	8.58%	10.3%	11.5%	10.4%
ROIC	21.5%	1.82%	19.6%	19%	19.6%	21.8%	14.4%	16.5%	19.7%	23.9%	27.8%
Return on tangible assets	1.24%	0.38%	6.65%	7.73%	5.13%	9.99%	16.2%	17.7%	19.5%	20%	22.6%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2	1.8	1.33	1.64	1.72	1.7	1.15	1.28	1.53	1.54	1.58
Quick ratio	2	1.8	1.33	1.64	1.72	1.7	1.15	1.28	1.53	1.54	1.58
Debt / equity	0.29	0.28	0.24	0.05	0.04	0.04	0.04	0.02	0.02	0.02	0
Debt / assets	0.11	0.12	0.12	0.03	0.02	0.02	0.02	0.02	0.01	0.01	0.01
Net debt / EBITDA	-1.65	-1.29	-1.45	-1.45	-3.16	-1.78	-0.86	-0.99	-1.08	-1.07	-1.08
Interest coverage	1.78	5.2	7.36	7.12	159.8	373.4	296	299.4	378	387.7	387.7
Effective tax rate	14.5%	93.5%	27.6%	14.9%	12.6%	24.3%	26.3%	23.1%	23.4%	23.8%	21.3%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	9.65	10.3	10.6	10.9	10.7	12.4	13.8	14.7	15.7	17.3	18.2
EPS (basic)	0.18	0.03	0.76	0.84	0.6	1.31	1.04	1.41	1.79	2.11	2.11
EPS (diluted)	0.18	0.03	0.75	0.83	0.6	1.31	1.04	1.4	1.77	2.09	2.4
Book value per share	5.24	5.54	6.32	7.07	7.95	9.17	9.59	10.7	11.7	12.5	12.7
FCF per share	0.46	0.01	0.48	0.87	1.58	1.4	0.68	2.05	2.32	3.37	3.82
Cash per share	3.41	3.04	3.72	2.6	3.56	3.94	2.08	2.74	3.44	3.94	4.1
Capex per share	—	—	—	—	—	—	—	—	—	0.21	0.22

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	1.2%	1.18%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	5.81%	5.35%
Payout ratio	108.7%	380.3%	20.7%	22.6%	38.1%	20.6%	32.7%	29.8%	28.2%	32.1%	32.1%
Dividend yield	1.21%	0.87%	0.72%	0.59%	0.44%	0.56%	1.05%	0.86%	0.97%	0.97%	1.43%

Yield

1.43%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.23

ex-dividend Jul 8, 2026

Payout ratio

32%

of earnings

Dividend growth

7 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 8, 2026	$0.23
Apr 1, 2026	$0.23
Jan 6, 2026	$0.18

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$598.3M	$676.2M	$594M	$625.1M	$640.2M	$726.6M	$635.9M	$685.9M	$700.8M	$802.3M	$712.2M	$762.5M
YoY change	+9.25%	+1.3%	+5.93%	+5.8%	+6.99%	+7.46%	+7.05%	+9.72%	+9.47%	+10.4%	+12%	+11.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	550.2M	491.5M	612.8M	432.2M	595.2M	661M	347.4M	451.6M	565.9M	642.2M
Receivables	197.4M	184.9M	222.5M	213.4M	183.7M	232.9M	217.5M	242.5M	249.5M	290.8M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	796.2M	749.7M	893.9M	716.8M	835.8M	952.7M	655.7M	781.7M	936.3M	1B
Property, plant & equipment	-44.6M	-33.1M	-73.6M	-91.1M	-127.6M	-86.3M	-118.8M	-179.9M	-215.5M	-248.7M
Goodwill & intangibles	269M	287.1M	280.6M	277.3M	343.3M	361.2M	1.5B	1.4B	1.3B	1.3B
Total assets	2.2B	2.1B	2.2B	2.1B	2.3B	2.6B	2.5B	2.7B	2.8B	3B
Accounts payable	104.5M	125.5M	111.6M	116.6M	123.2M	127.1M	114.6M	116.9M	123.6M	135.6M
Short-term debt	—	—	253.6M	—	—	—	—	—	—	—
Total current liabilities	398.7M	415.7M	673.3M	437.7M	486.7M	559.2M	571.2M	611.6M	613.5M	666.7M
Long-term debt	247M	250.2M	0	55.1M	52.7M	63.6M	59.1M	42.9M	37.3M	36.6M
Total liabilities	1.3B	1.2B	1.2B	915.3M	979.6M	1B	933.8M	951.4M	914.3M	955.7M
Shareholders' equity	844.2M	897.4M	1B	1.2B	1.3B	1.5B	1.6B	1.8B	1.9B	2B
Total debt	247M	250.2M	253.6M	55.1M	52.7M	63.6M	59.1M	42.9M	37.3M	36.6M
Net debt	146.3M	67.3M	12.1M	-175.3M	-233.4M	-256.4M	-162.3M	-246.6M	-162.2M	-218.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	398.3M	451.6M	379.1M	411.4M	492.9M	565.9M	522.1M	540.2M	617.4M	642.2M	594.5M	660.8M
Receivables	164M	242.5M	177.7M	181.3M	188.9M	249.5M	192.5M	211.1M	204.1M	290.8M	234.9M	236M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	658.1M	781.7M	681.2M	716.2M	795M	936.3M	801.6M	855M	938.3M	1B	927.2M	1B
Property, plant & equipment	-862.9M	-179.9M	507.7M	-889.8M	-903.9M	-215.5M	-920.2M	-929.6M	-940.7M	-248.7M	-958.8M	-965.7M
Goodwill & intangibles	1.4B	1.4B	1.4B	1.4B	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.2B
Total assets	2.5B	2.7B	2.6B	2.7B	2.8B	2.8B	2.7B	2.8B	2.9B	3B	2.9B	3B
Accounts payable	119.8M	116.9M	120.7M	120.9M	137.1M	123.6M	121.6M	120.2M	130.9M	135.6M	137.8M	155M
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	554M	611.6M	544.7M	543.1M	589.6M	613.5M	554.9M	578M	615.5M	666.7M	577.9M	647.7M
Long-term debt	—	42.9M	—	—	—	37.3M	—	—	—	36.6M	—	—
Total liabilities	891.3M	951.4M	874.9M	868.4M	910M	914.3M	850.2M	869.3M	906.9M	955.7M	857.9M	937M
Shareholders' equity	1.7B	1.8B	1.7B	1.8B	1.9B	1.9B	1.9B	1.9B	2B	2B	2B	2B
Total debt	—	42.9M	—	—	—	37.3M	—	—	—	36.6M	—	—
Net debt	—	-246.6M	—	—	—	-162.2M	—	—	—	-218.8M	—	—

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	23.8M	6.8M	127.5M	140M	100.8M	220M	173.9M	232.8M	293.8M	344M
Depreciation & amortization	61.7M	61.9M	59M	68M	70.7M	67M	92.6M	95.3M	92M	95.1M
Stock-based compensation	12.4M	14.8M	13M	12.9M	14.4M	22.2M	35.3M	54.8M	67.5M	74.2M
Change in working capital	-7.8M	8.7M	19.1M	1.3M	64.1M	-551K	-110.7M	-7.2M	-5.4M	75M
Operating cash flow	98.1M	196M	223.7M	219.1M	233.5M	309.1M	194.9M	378M	438.5M	584.5M
Capital expenditure	—	—	—	—	—	—	—	—	—	-34M
Investing cash flow	154.6M	98.9M	-23.6M	138.7M	-164.6M	-146.2M	-36.6M	-137M	-276.9M	-221.3M
Dividends paid	-25.9M	-26M	-26.4M	-31.6M	-38.4M	-45.3M	-56.8M	-69.5M	-82.9M	-110.4M
Share repurchases	-15.7M	0	0	—	0	0	-105.1M	-44.6M	-85M	-165.3M
Financing cash flow	-237M	-26M	3.8M	-295.3M	-45M	-54.9M	-174.3M	-132.7M	-192.7M	-306.1M
Net change in cash	15.6M	268.9M	204M	62.4M	23.9M	108M	-16M	108.3M	-31.1M	57M
Free cash flow	73.8M	2M	79.6M	144.5M	263.5M	234.5M	113.7M	337.9M	381.3M	550.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	53.6M	110.2M	40.4M	65.5M	64.1M	123.7M	49.6M	82.9M	81.6M	129.8M	87.9M	93.4M
Depreciation & amortization	23.7M	24M	22.9M	22.8M	22.9M	23.4M	23.7M	23.7M	23.9M	23.8M	23.3M	23.8M
Stock-based compensation	14.6M	16.1M	15.9M	17M	17M	17.6M	17.4M	17.8M	18.5M	20.5M	19.3M	20M
Change in working capital	18.5M	-1.7M	-19.3M	-17.3M	29.2M	2.1M	3.9M	-6.7M	85.5M	-7.7M	-34.1M	52.3M
Operating cash flow	111.7M	145.5M	58.8M	86.7M	131.4M	161.6M	97.1M	113.6M	207.6M	164.2M	92.2M	194.3M
Capital expenditure	—	—	—	—	—	—	—	-10.3M	-7.9M	-6.5M	-10.7M	-10.1M
Investing cash flow	-86.5M	-56.3M	-60M	-22.1M	-94.2M	-100.6M	897K	-43.7M	-97M	-72.2M	-22.7M	-74.1M
Dividends paid	-18.2M	-18.1M	-18.6M	-21.4M	-21.5M	-21.4M	-22.1M	-29.6M	-29.4M	-29.3M	-30.4M	-37.2M
Share repurchases	0	-962K	-32.5M	-9.5M	-18.3M	-24.7M	-59M	-23.6M	-27.3M	-55.5M	-56.3M	-35.4M
Financing cash flow	-21.7M	-20.9M	-68.7M	-33.7M	-42.3M	-48.1M	-107.3M	-54.5M	-59M	-85.4M	-139.2M	-73.7M
Net change in cash	3.5M	68.3M	-69.8M	30.9M	-5.1M	13M	-9.3M	15.4M	51.6M	6.5M	-69.6M	46.5M
Free cash flow	98.6M	130.4M	46.7M	72.6M	118.4M	143.6M	89.9M	103.3M	199.7M	157.6M	81.5M	184.2M

Date	Ratio
Jul 2, 1998	2:1
Oct 6, 1986	2:1
Dec 22, 1983	3:1

New York Times Co. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history