The New York Times Company (NYT) Financial Ratios
30 years of historical data (1996–2025) · Communication Services · Publishing
EV/EBITDA
↓
21.29
+4% vs avg
5yr avg: 20.46
30Y Low5.7·High34.3
P/FCF
↓
21.48
↓-28% vs avg
5yr avg: 29.97
30Y Low8.8·High139.8
P/B Ratio
↑
5.90
↑+26% vs avg
5yr avg: 4.67
30Y Low2.0·High6.6
ROE
↑
17.3%
↓+18% vs avg
5yr avg: 14.7%
30Y Low-43%·High37%
Debt/EBITDA
↓
0.09
↓-37% vs avg
5yr avg: 0.14
30Y Low0.1·High10.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NYT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
The New York Times Company trades at 35.0x earnings, 5% above its 5-year average of 33.1x, sitting at the 62nd percentile of its historical range. Compared to the Communication Services sector median P/E of 15.3x, the stock trades at a premium of 128%. On a free-cash-flow basis, the stock trades at 21.5x P/FCF, 28% below the 5-year average of 30.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.8B | $11.5B | $8.6B | $8.1B | $5.4B | $8.1B | $8.7B | $5.4B | $3.7B | $3.0B | $2.2B |
| Enterprise Value | $11.6B | $11.2B | $8.5B | $7.9B | $5.3B | $7.9B | $8.5B | $5.2B | $3.7B | $3.1B | $2.3B |
| P/E Ratio → | 34.96 | 33.22 | 29.41 | 34.99 | 31.21 | 36.87 | 86.28 | 38.30 | 29.72 | 616.67 | 73.89 |
| P/S Ratio | 4.19 | 4.05 | 3.34 | 3.35 | 2.35 | 3.92 | 4.88 | 2.97 | 2.13 | 1.81 | 1.39 |
| P/B Ratio | 5.90 | 5.61 | 4.48 | 4.60 | 3.39 | 5.28 | 6.55 | 4.59 | 3.57 | 3.39 | 2.56 |
| P/FCF | 21.48 | 20.80 | 22.63 | 24.01 | 47.71 | 34.72 | 33.02 | 37.31 | 46.73 | 1551.23 | 33.76 |
| P/OCF | 20.23 | 19.59 | 21.02 | 22.51 | 36.00 | 30.25 | 29.20 | 28.38 | 23.68 | 35.05 | 22.98 |
P/E links to full P/E history page with 30-year chart
NYT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
The New York Times Company's enterprise value stands at 21.3x EBITDA, roughly in line with its 5-year average of 20.5x. The Communication Services sector median is 9.6x, placing the stock at a 121% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.98 | 3.28 | 3.24 | 2.28 | 3.80 | 4.75 | 2.88 | 2.13 | 1.85 | 1.49 |
| EV / EBITDA | 21.29 | 20.60 | 19.13 | 21.18 | 17.87 | 23.53 | 34.28 | 21.40 | 14.98 | 13.03 | 13.26 |
| EV / EBIT | 25.78 | 24.85 | 22.05 | 25.92 | 22.23 | 27.07 | 72.88 | 27.26 | 18.32 | 22.56 | 33.28 |
| EV / FCF | — | 20.42 | 22.23 | 23.29 | 46.28 | 33.63 | 32.13 | 36.10 | 46.88 | 1585.59 | 36.04 |
NYT Profitability
Margins and return-on-capital ratios measuring operating efficiency
The New York Times Company earns an operating margin of 16.0%, above the Communication Services sector average of 1.6%. Operating margins have expanded from 11.4% to 16.0% over the past 3 years, signaling improving operational efficiency. ROE of 17.3% indicates solid capital efficiency. ROIC of 18.7% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.8% | 50.8% | 49.4% | 48.5% | 47.6% | 49.9% | 46.2% | 45.5% | 45.8% | 63.2% | 59.5% |
| Operating Margin | 16.0% | 16.0% | 13.6% | 11.4% | 8.7% | 12.9% | 9.9% | 9.7% | 10.9% | 10.5% | 7.2% |
| Net Profit Margin | 12.2% | 12.2% | 11.4% | 9.6% | 7.5% | 10.6% | 5.6% | 7.7% | 7.2% | 0.3% | 1.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.3% | 17.3% | 15.9% | 13.8% | 11.1% | 15.3% | 8.0% | 12.6% | 13.0% | 0.5% | 3.5% |
| ROA | 11.8% | 11.8% | 10.6% | 8.9% | 6.8% | 9.0% | 4.6% | 6.5% | 5.9% | 0.2% | 1.3% |
| ROIC | 18.7% | 18.7% | 16.0% | 14.0% | 11.1% | 16.9% | 12.6% | 12.8% | 14.1% | 13.5% | 7.9% |
| ROCE | 19.8% | 19.8% | 16.2% | 13.6% | 10.2% | 14.0% | 10.2% | 11.1% | 11.9% | 10.2% | 6.2% |
NYT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The New York Times Company carries a Debt/EBITDA ratio of 0.1x, which is very conservative (98% below the sector average of 3.6x). The company holds a net cash position — cash of $255M exceeds total debt of $49M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 387.7x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 | 0.04 | 0.04 | 0.05 | 0.24 | 0.28 | 0.29 |
| Debt / EBITDA | 0.09 | 0.09 | 0.11 | 0.12 | 0.20 | 0.19 | 0.21 | 0.23 | 1.02 | 1.05 | 1.42 |
| Net Debt / Equity | — | -0.10 | -0.08 | -0.14 | -0.10 | -0.17 | -0.18 | -0.15 | 0.01 | 0.07 | 0.17 |
| Net Debt / EBITDA | -0.38 | -0.38 | -0.34 | -0.66 | -0.55 | -0.77 | -0.95 | -0.72 | 0.05 | 0.28 | 0.84 |
| Debt / FCF | — | -0.38 | -0.40 | -0.73 | -1.43 | -1.09 | -0.89 | -1.21 | 0.15 | 34.35 | 2.28 |
| Interest Coverage | 387.68 | 387.68 | 378.01 | 299.41 | 296.00 | 378.78 | 159.78 | 50.08 | 6.56 | 4.64 | 1.58 |
Net cash position: cash ($255M) exceeds total debt ($49M)
NYT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.54x means The New York Times Company can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.28x to 1.54x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.54 | 1.54 | 1.53 | 1.28 | 1.15 | 1.70 | 1.72 | 1.64 | 1.33 | 1.80 | 2.00 |
| Quick Ratio | 1.54 | 1.54 | 1.53 | 1.28 | 1.15 | 1.70 | 1.72 | 1.64 | 1.33 | 1.80 | 2.00 |
| Cash Ratio | 0.96 | 0.96 | 0.92 | 0.74 | 0.61 | 1.18 | 1.22 | 0.99 | 0.91 | 1.18 | 1.38 |
| Asset Turnover | — | 0.94 | 0.91 | 0.89 | 0.91 | 0.81 | 0.77 | 0.87 | 0.80 | 0.80 | 0.71 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 37.58 | 35.22 | 36.48 | 34.40 | 40.97 | 37.59 | 42.98 | 46.44 | 40.27 | 46.31 |
NYT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
The New York Times Company returns 2.3% to shareholders annually — split between a 0.9% dividend yield and 1.4% buyback yield. The payout ratio of 32.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.9% | 1.0% | 1.0% | 0.9% | 1.0% | 0.6% | 0.4% | 0.6% | 0.7% | 0.9% | 1.2% |
| Payout Ratio | 32.1% | 32.1% | 28.2% | 29.9% | 32.7% | 20.6% | 38.4% | 22.6% | 21.0% | 605.3% | 89.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.9% | 3.0% | 3.4% | 2.9% | 3.2% | 2.7% | 1.2% | 2.6% | 3.4% | 0.2% | 1.4% |
| FCF Yield | 4.7% | 4.8% | 4.4% | 4.2% | 2.1% | 2.9% | 3.0% | 2.7% | 2.1% | 0.1% | 3.0% |
| Buyback Yield | 1.4% | 1.4% | 1.0% | 0.5% | 1.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.7% |
| Total Shareholder Yield | 2.3% | 2.4% | 1.9% | 1.4% | 3.0% | 0.6% | 0.4% | 0.6% | 0.7% | 0.9% | 1.9% |
| Shares Outstanding | — | $165M | $166M | $166M | $167M | $169M | $168M | $168M | $167M | $164M | $163M |
Peer Comparison
Compare NYT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NYTYou | $12B | 35.0 | 21.3 | 21.5 | 50.8% | 16.0% | 17.3% | 18.7% | 0.1 |
 GCI | $877M | -33.1 | 18.1 | 17.3 | 38.4% | -1.7% | -11.2% | -2.3% | 11.3 |
 NWS | $16B | 35.5 | 10.2 | 21.6 | 56.2% | 16.7% | 5.0% | 10.5% | 1.8 |
 LEE | $57M | -1.5 | 13.6 | — | 55.9% | 3.5% | — | 3.3% | 12.4 |
 IAC | $3B | -32.1 | 14.2 | 70.9 | 66.8% | -4.1% | -1.9% | -1.2% | 5.5 |
 ZD | $2B | 40.0 | 4.6 | 5.9 | 70.0% | 14.1% | 2.7% | 7.2% | 2.1 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 DIS | $180B | 15.2 | 11.5 | 17.9 | 37.8% | 14.6% | 11.3% | 6.9% | 2.3 |
 FOXA | $23B | 10.6 | 6.9 | 7.7 | 33.1% | 19.8% | 19.3% | 16.5% | 2.1 |
 GOOGL | $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 META | $1.5T | 24.6 | 14.8 | 31.7 | 82.0% | 41.4% | 30.2% | 27.6% | 0.8 |
| Communication Services Median | — | 15.3 | 9.6 | 11.4 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into NYT consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
NYT — Frequently Asked Questions
Quick answers to the most common questions about buying NYT stock.
What is The New York Times Company's P/E ratio?
The New York Times Company's current P/E ratio is 35.0x. The historical average is 34.5x. This places it at the 62th percentile of its historical range.
What is The New York Times Company's EV/EBITDA?
The New York Times Company's current EV/EBITDA is 21.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.2x.
What is The New York Times Company's ROE?
The New York Times Company's return on equity (ROE) is 17.3%. The historical average is 11.6%.
Is NYT stock overvalued?
Based on historical data, The New York Times Company is trading at a P/E of 35.0x. This is at the 62th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is The New York Times Company's dividend yield?
The New York Times Company's current dividend yield is 0.92% with a payout ratio of 32.1%.
What are The New York Times Company's profit margins?
The New York Times Company has 50.8% gross margin and 16.0% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does The New York Times Company have?
The New York Times Company's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.