News
NWSA · Publishing
$30.74
1.1%New York Times
NYT · Publishing
$69.58
0.2%The short version
- News is the larger business, with $9.0B of revenue in fiscal 2026 against $2.8B for New York Times, about 3.2 times as much.
- New York Times grew revenue faster (9.2%, against 6.8%).
- New York Times turned more of its sales into free cash flow (19.5% FCF margin, against 9.0% FCF margin).
- New York Times earned a higher return on the capital invested in it (23.8%, against 8.9%).
- Investors pay more for each dollar of News’s earnings: a P/E of 29.8x against 29.0x for New York Times.
| Latest fiscal year | NWSA · FY26 | NYT · FY25 |
|---|---|---|
| Size | ||
| Market cap | $17.2B | $11.3B |
| Revenue | $9.0B | $2.8B |
| Free cash flow | $811M | $551M |
| Net income | $573M | $344M |
| Growth | ||
| Revenue growth | 6.8% | 9.2% |
| 5-year growth | −0.7% | 9.6% |
| Share count change | −2.0% | −0.5% |
| Profitability | ||
| Gross margin | — | — |
| Operating margin | — | 15.3% |
| Net margin | 6.4% | 12.2% |
| FCF margin | 9.0% | 19.5% |
| Return on capital | 8.9% | 23.8% |
| Return on equity | 6.6% | 17.3% |
| Balance sheet | ||
| Net debt | −$106M | −$642M |
| Net debt / EBITDA | −0.1x | −1.2x |
| Dividends and buybacks | $845M | $276M |
| Valuation & quality | ||
| P/E | 29.8x | 29.0x |
| Piotroski F-score | 5 | 7 |
FY17
NWSA $8.1B
NYT $1.7B
FY18
NWSA $9.0B
NYT $1.7B
FY19
NWSA $10.1B
NYT $1.8B
FY20
NWSA $9.0B
NYT $1.8B
FY21
NWSA $9.4B
NYT $2.1B
FY22
NWSA $10.4B
NYT $2.3B
FY23
NWSA $8.0B
NYT $2.4B
FY24
NWSA $8.3B
NYT $2.6B
FY25
NWSA $8.5B
NYT $2.8B
FY26
NWSA $9.0B
NYT —
NWSA
NYT
FY17
NWSA —
NYT 10.5%
FY18
NWSA —
NYT 10.9%
FY19
NWSA —
NYT 9.7%
FY20
NWSA —
NYT 9.9%
FY21
NWSA —
NYT 12.9%
FY22
NWSA —
NYT 8.8%
FY23
NWSA —
NYT 11.4%
FY24
NWSA —
NYT 13.6%
FY25
NWSA —
NYT 15.3%
FY26
NWSA —
NYT —
NWSA
NYT
FY17
NWSA $238M
NYT $2.0M
FY18
NWSA $393M
NYT $79.6M
FY19
NWSA $356M
NYT $144M
FY20
NWSA $342M
NYT $263M
FY21
NWSA $847M
NYT $234M
FY22
NWSA $855M
NYT $114M
FY23
NWSA $745M
NYT $338M
FY24
NWSA $741M
NYT $381M
FY25
NWSA $571M
NYT $551M
FY26
NWSA $811M
NYT —
NWSA
NYT
FY17
NWSA −4.8%
NYT 14.8%
FY18
NWSA −8.5%
NYT 17.3%
FY19
NWSA 2.7%
NYT 17.8%
FY20
NWSA −12.6%
NYT 20.9%
FY21
NWSA 5.0%
NYT 25.2%
FY22
NWSA 8.6%
NYT 14.0%
FY23
NWSA 2.6%
NYT 16.6%
FY24
NWSA 4.5%
NYT 20.1%
FY25
NWSA 7.8%
NYT 23.8%
FY26
NWSA 8.9%
NYT —
NWSA
NYT
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.