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New York Times NYT Operating margin

Operating margin at other companies

Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
-4.6%-2.1pp
Reddit logo
RedditRDDT
25.1%+23.8pp
Pinterest, Inc. logo
Pinterest, Inc.PINS
6.3%+1.0pp
Comcast logo
ComcastCMCSA
15.3%-3.4pp
Adobe logo
AdobeADBE
36.1%-0.3pp
Omnicom Group logo
Omnicom GroupOMC
13.1%-1.4pp

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
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.

Based on trailing twelve months.

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 operating margin?
New York Times (NYT) reported operating margin of 16% in Q1 2026.
How has New York Times's operating margin changed year-over-year?
New York Times's operating margin increased by 16.2% year-over-year, from 13.8% to 16%.
What is the long-term trend for New York Times's operating margin?
Over 5 years (2020 to 2025), New York Times's operating margin has grown at a 9.1% compound annual growth rate (CAGR), from 9.9% to 15.3%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.