What does product — cost direct labor mean?

The total cost of the employees directly involved in creating and delivering the company's products.

How do you interpret product — cost direct labor?

An increase may indicate higher investment in product development or rising wage pressures, while a decrease could signal improved automation or reduced headcount in production teams.

How does product — cost direct labor compare across companies?

Comparable to direct labor costs in technology or media firms, often benchmarked against product revenue to determine labor intensity.

New York Times NYT Product — Cost Direct Labor

Discontinued — last reported Q4 '19

Similar metrics at other companies

DRIProduct — Cost Direct Labor

$653.63M+15.4%

TXTProduct — Cost of products/services sold

$2.62B+15.2%

TXRHOther — Cost Direct Labor

$2.99M+6.4%

MTDProducts — Cost of Product and Service Sold

$268.59M+7.5%

SNAProduct And Services, Excluding Financial Services — Labor and Related Expense

$180.3M+6.4%

NTAPProduct — Cost of Goods Sold

$425M+12.4%

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 / equity0×0.0×

Current ratio1.6×+0.2×

Where this comes from

Reported directly by New York Times in its filing.

Tagged under the XBRL concept us-gaap:CostDirectLabor.

The official record: New York Times’s 10-K, filed February 27, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does product — cost direct labor mean?: The total cost of the employees directly involved in creating and delivering the company's products.
How do you interpret product — cost direct labor?: An increase may indicate higher investment in product development or rising wage pressures, while a decrease could signal improved automation or reduced headcount in production teams.
How does product — cost direct labor compare across companies?: Comparable to direct labor costs in technology or media firms, often benchmarked against product revenue to determine labor intensity.