The New York Times Company
NYSE•NYT
CEO: Mr. Arthur Gregg Sulzberger
Sector: Communication Services
Industry: Publishing
Listing Date: 1973-05-03
The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide. The company operates through two segments, The New York Times Group and The Athletic. It offers The New York Times (The Times) through company's mobile application, website, printed newspaper, and associated content, such as podcast. The company also offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audio, an audio product. In addition, it offers a portfolio of advertising products and services to advertisers, such as luxury goods, technology, and financial companies, to promote products, services or brands on digital platforms in the form of display ads, audio and video, in print in the form of column-inch ads, and at live events; and Wirecutter, a product review and recommendation product. Further, the company licenses content to digital aggregators in the business, professional, academic and library markets, and third-party digital platforms; articles, graphics, and photographs, including newspapers, magazines, and websites; and for use in television, films, and books, as well as provide rights to reprint articles, and create and sell new digests. Additionally, it engages in commercial printing and distribution for third parties; and operates the NYTimes.com website. The company was founded in 1851 and is headquartered in New York, New York.
Contact Information
Market Cap
$11.32B
P/E (TTM)
35.6
27.9
Dividend Yield
1.0%
52W High
$71.23
52W Low
$44.83
52W Range
Rank44Top 40.4%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$700.82M+9.47%
4-Quarter Trend
EPS
$0.50+28.21%
4-Quarter Trend
FCF
$199.73M+68.63%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Strong Revenue and Profit Growth Total revenues increased 9.5% to $700.8M in Q3; Net income $214.1M for nine months, up 25.9%.
Digital Subscriber Base Expansion Added 460K net digital-only subscribers sequentially; total digital base reached 11.76M subscribers.
Operating Cash Flow Jumps Operating cash flow $420.3M for nine months, showing 62.4% increase versus prior period.
Digital ARPU Improvement Noted Total digital-only ARPU grew 3.6% year-over-year to $9.79, driven by price transitions.
Risk Factors
Secular Print Revenue Declines Print subscription revenue fell 3.0% in Q3 due to secular trends; advertising revenue also decreased 7.1%.
Generative AI Litigation Costs Recorded $2.4M pre-tax litigation costs in Q3 related to Microsoft/OpenAI suit; $10.3M YTD.
Increased Operating Costs Total operating costs rose 5.8% in Q3, driven by higher journalism compensation and servicing expenses.
Advertising Market Volatility Macroeconomic uncertainty and political conflicts pose risks to advertising spending and overall revenue stability.
Outlook
Credit Facility Extended Entered amended Credit Facility increasing commitment to $400.0M, extending maturity date to June 2030.
Tax Law Expected Savings New OBBBA enacted, eliminating capitalization requirements, expected to yield lower cash tax payments in 2025.
Focus on Subscriber Profitability Strategy focuses on growing digital subscriber base profitability, leveraging higher ARPU from price increases.
Continued Capital Return Expect continued quarterly dividends; $405.6M remains authorized for Class A share repurchases program.
Peer Comparison
Revenue (TTM)
KT$19.90B
$12.34B
IPG$10.21B
Gross Margin (Latest Quarter)
77.0%
KT71.1%
FYBR64.7%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| NYT | $11.32B | 35.6 | 16.9% | 0.0% |
| FYBR | $9.53B | -25.0 | -7.9% | 55.8% |
| TIMB | $9.44B | 12.8 | 15.9% | 28.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.2%
Flat Growth
4Q Net Income CAGR
-12.9%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 4, 2026
EPS:$0.88
|Revenue:$791.55M
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 5, 2025|Revenue: $700.82M+9.5%|EPS: $0.50+28.2%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 6, 2025|Revenue: $685.87M+9.7%|EPS: $0.51+27.5%MeetForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 7, 2025|Revenue: $635.91M+7.1%|EPS: $0.30+20.0%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 27, 2025|Revenue: $2.59B+6.6%|EPS: $1.79+27.0%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 4, 2024|Revenue: $640.18M+7.0%|EPS: $0.39+18.2%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 7, 2024|Revenue: $625.10M+5.8%|EPS: $0.40+42.9%MeetForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 8, 2024|Revenue: $594.02M+5.9%|EPS: $0.25+78.6%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 20, 2024|Revenue: $2.43B+5.1%|EPS: $1.41+35.6%Beat