# The New York Times Company (NYT) — Stock CV

The New York Times Company is a $10.7B communication services company. Revenue grew 10.8% over the last year, it keeps 13¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 27.2× earnings — near the lowest of its own history.

> New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as NYTimes and various smartphone applications.

## Identity

- **Ticker**: NYT
- **Sector**: Communication Services
- **Industry**: Publishing
- **Headquarters**: NEW YORK, NY
- **Employees**: 6 000
- **Website**: https://www.nytco.com
- **Market cap**: $10.7B
- **Last price**: $66.32
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $2.98B
- **Net income**: $393M
- **Free cash flow**: $623M
- **Net cash**: $353M
- **P/E**: 27.2
- **Revenue growth (YoY)**: 10.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 77 |
| Growth | 77 |
| Profitability | 80 |
| Health | 93 |
| Quality | 100 |
| Moat | 57 |

## Qualifications (beginner checklist) — 11 of 11 passed

- [x] Revenue growing — +10.8% YoY
- [x] Profitable — $393M TTM
- [x] Profit growing — +26.1% YoY
- [x] Generates cash — $623M TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $10.7B market cap
- [x] Not printing shares — -1.8% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 9.1 — safe
- [x] Pays a dividend — yield 1.18%
- [x] Valuation not extreme — P/E 27.2

## Experience (career milestones)

- **FY2025** — Best year on record: $344M net income
- **FY2023** — Became debt-free: cash now exceeds total debt
- **2022** — The New York Times acquired Wordle, an Internet word puzzle game that grew from 90 players in…
- **2020** — The New York Times Company acquired subscription-based audio app, Audm
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $1.56B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **2011** — Facing falling revenue from print advertising in its flagship publication in 2011, The New York Times, the company…
- **2007** — WQEW was finally purchased by Disney; in late 2014, it was sold to Family Radio (a religious radio network)…
- **May 7, 2007** — The company announced that its About.com web information service was acquiring Consumersearch.com, a…
- **Aug 25, 2006** — The Times, on August 25, 2006, acquired Baseline StudioSystems, an online database and research service on the film…
- **Mar 18, 2005** — The company acquired About.com, an online provider of consumer information, for US$410 million
- **2002** — The New York Times Company and Discovery Communications announced a joint venture television network…
- **1944** — The paper bought AM radio station WQXR (1560 kHz) in 1944

## Strengths

- High gross margin (51.4%)
- Revenue growing 10.8% year over year
- Strong cash conversion — FCF is 20.9% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 32.0× by operating earnings

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $2.07B | $220M | $234M |
| FY2022 | $2.31B | $174M | $114M |
| FY2023 | $2.43B | $232M | $338M |
| FY2024 | $2.59B | $294M | $381M |
| FY2025 | $2.82B | $344M | $551M |

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Source: https://stockcv.com/NYT — derived from company filings; may be delayed or incomplete. Information, not investment advice.