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New York Times NYT Invested capital

Discontinued — last reported Q4 '25

Invested capital at other companies

Tenet Healthcare logo
Tenet HealthcareTHC
$148M0.0%
Encompass Health Corporation logo
Encompass Health CorporationEHC
$1.3M
Tenet Healthcare logo
Tenet HealthcareTHC
$135M+17.4%
Tenet Healthcare logo
Tenet HealthcareTHC
$143M-27.8%
Tenet Healthcare logo
Tenet HealthcareTHC
$133M
Tenet Healthcare logo
Tenet HealthcareTHC
$3M-25.0%

Other financials

Income statement

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Revenue$712.2M+12.0%
Gross profit$349.3M+15.9%
Operating income$90.6M+54.5%
Net income$87.9M+77.4%
EPS (diluted)$0.54+80.0%

Balance sheet

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Cash & equivalents$200.5M+1.7%
Total debt$48.7M+2.0%
Total equity$2.0B+6.2%
Total assets$2.9B+4.5%

Cash flow

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Operating cash flow$92.2M-6.9%
CapEx$10.7M+16.1%
Free cash flow$81.5M-9.3%

Valuation

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Market cap$11.83B+67.4%
P/E30.9×+7.6×
P/S4.1×+1.4×

Profitability

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Gross margin51.1%+1.6pp
Operating margin16%+2.2pp
Net margin13.2%+1.6pp
FCF margin18.7%+2.5pp

Returns & leverage

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Return on equity19.7%+3.0pp
Debt / equity0.0×
Current ratio1.6×+0.2×

Where this comes from

Calculated from New York Times’s reported figures.

The official record: New York Times’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New York Times's invested capital?
New York Times (NYT) reported invested capital of $1.82B in Q4 2025.
How has New York Times's invested capital changed year-over-year?
New York Times's invested capital increased by 3.3% year-over-year, from $1.76B to $1.82B.
What is the long-term trend for New York Times's invested capital?
Over 5 years (2020 to 2025), New York Times's invested capital has grown at a 10.9% compound annual growth rate (CAGR), from $1.09B to $1.82B.
What does invested capital mean?
The capital — debt plus equity, net of idle cash — that funds the operating business.
How do you interpret invested capital?
A level, read mainly through ROIC (NOPAT ÷ invested capital). Growing invested capital is only good if returns on it stay above the cost of capital.
How does invested capital compare across companies?
Used as the base for ROIC; the definition is sector-sensitive, so banks and insurers are best excluded.