New York Times
NYT NYSE· Publishing
Last close · Oct 26, 2026
$70.66
KIRA · Stoqly’s AI analyst, in plain words
- New York Times had $2.8B of revenue in fiscal 2025, up 9.2% on the year before. Over five years, revenue changed +9.6% a year on average.
- Its operating margin was 15.3%, up 1.7 pts: of every 100 in sales, about 15 is left after running the business.
- New York Times made $344M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 31.3% a year.
- Free cash flow was $551M in fiscal 2025, 19.5% of revenue.
- New York Times returned $276M to shareholders in fiscal 2025, 50% of free cash flow. The diluted share count fell 0.5%.
- New York Times has $642M more cash than debt.
Market cap
$11.5B
P/E
29.4x
Revenue
$2.8B
Net income
$344M
Free cash flow
$551M
Operating margin
15.3%
New York Times in 30 seconds · fiscal 2025
Are sales growing?
+9.2%
Yes. Sales grew 9.2% last year.
Does it make a profit?
12.2%
Yes. It keeps 12.2% of every sale as profit.
Does profit turn into cash?
19.5%
Yes. 19.5% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
7 / 8
Solid. It passes 7 of 8 health tests.
How is the share priced?
29.4x
One share costs 29.4 times its yearly profit per share. Typical for its sector: 17.1x.
What New York Times does
The New York Times Company is a news organization. It sells The New York Times in print and online, and also The Athletic (sports), Cooking, Games, Audio and Wirecutter (product reviews). Readers can buy one product or a bundle of the digital ones. It had about 12.78 million subscribers at the end of 2025. Revenue comes mainly from subscriptions and advertising. Digital ads were about 73% of advertising revenue in 2025, and print ads the rest. It also earns money from licensing its content, from affiliate links in Wirecutter (it is paid a share when a reader buys through a link), and from printing for other companies at its plant in College Point, N.Y. The Times says it competes for readers, subscribers and advertisers with other news outlets, search engines, social media, streaming services and AI companies. It had about 6,000 full-time equivalent employees at the end of 2025, and many are represented by unions.
Biggest risks, in its own words
- Strong competition for readers and advertisers from news outlets, social media and other platforms.
- Generative AI hurting its audience, subscriptions, ad demand and the value of its content.
- Depending on search engines, app stores and other outside platforms to reach users.
- Pension plan obligations that take cash and can swing in size.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- THE NEW YORK TIMES COMPANY
- CIK
- 0000071691
New York Times · NYT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.1B | $2.3B | $2.4B | $2.6B | $2.8B |
| Revenue growth | 16.3% | 11.3% | 5.1% | 6.6% | 9.2% |
| Operating margin | 12.9% | 8.8% | 11.4% | 13.6% | 15.3% |
| Net income | $220M | $174M | $232M | $294M | $344M |
| Net margin | 10.6% | 7.5% | 9.6% | 11.4% | 12.2% |
| Diluted EPS | $1.31 | $1.04 | $1.40 | $1.77 | $2.09 |
| Cash | |||||
| Cash from operations | $269M | $151M | $361M | $411M | $585M |
| Capital expenditure | $34.6M | $37.0M | $22.7M | $29.2M | $34.0M |
| Free cash flow | $234M | $114M | $338M | $381M | $551M |
| FCF margin | 11.3% | 4.9% | 13.9% | 14.8% | 19.5% |
| Dividends paid | $45.3M | $56.8M | $69.5M | $82.9M | $110M |
| Share buybacks | $0.0M | $105M | $44.6M | $85.0M | $165M |
| Share count change | 0.3% | −0.8% | −0.9% | 0.1% | −0.5% |
| Debt and strength | |||||
| Cash and short-term investments | $661M | $347M | $452M | $566M | $642M |
| Debt incl. finance leases | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $1.5B | $1.6B | $1.8B | $1.9B | $2.0B |
| Net debt / EBITDA | −2.0x | −1.2x | −1.3x | −1.3x | −1.2x |
| Current ratio | 1.7x | 1.2x | 1.3x | 1.5x | 1.5x |
| Interest coverage | 490.9x | 127.6x | 390.2x | 490.4x | 3,887.9x |
| Returns and quality | |||||
| Return on capital | 25.2% | 14.0% | 16.6% | 20.1% | 23.8% |
| Return on equity | 15.4% | 11.1% | 13.8% | 15.9% | 17.3% |
| Piotroski F-score | 5 | 4 | 7 | 5 | 7 |
| Altman Z'' | 5.6 | 5.1 | 5.6 | 6.5 | 6.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$9.8M
7 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
New York Times · NYT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| New York Times NYT | $11.5B | 9.2% | 15.3% | 19.5% | 23.8% | 29.4x | 7 |
| John Wiley & Sons WLY | $2.7B | −0.1% | 16.5% | 12.5% | 19.0% | 14.5x | 8 |
| Scholastic SCHL | $733M | −2.7% | 1.0% | 0.2% | 1.1% | 27.3x | 7 |
| News NWSA | $17.1B | 6.8% | — | 9.0% | 8.9% | — | 5 |
| The Trade Desk TTD | $6.0B | 18.5% | 20.4% | 27.5% | — | 15.4x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $70.66 a share, the company is worth $11.5B: 29.4 times its earnings of the last four quarters.
New York Times grew sales faster than 3 of its 4 similar companies. Its P/E is higher than 3 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000071691). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.