Want to see NYT full AI Analyst Report?
New York Times (NYT) AI Stock Analysis
New York Times
(NYSE:NYT)
NYT scores well primarily on strong financial performance (steady growth, expanding margins, strong free cash flow, and an effectively debt-free balance sheet) and a positive earnings outlook with healthy Q3 guidance. The score is tempered by weak technicals (price below key moving averages and soft RSI) and a valuation that looks growth-priced (P/E ~27) with only a modest dividend yield.
New York Times (NYT) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $11.32B
- Dividend Yield
- 1.24%
- Average Volume (3M)
- 2.57M
- Price to Earnings (P/E)
- 29.0
- Beta (1Y)
- 0.20
- Revenue Growth
- 10.76%
- EPS Growth
- 23.78%
- Country
- US
- Employees
- 6,000
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Publishing
New York Times Business Overview & Revenue Model
Company Description
The New York Times Company, in conjunction with its subsidiaries, furnishes news and vital information to a worldwide readership and viewership through a diverse array of digital and traditional media. Its premier publication is The New York Times, i...
How the Company Makes Money
NYT generates revenue primarily through subscriptions and, to a lesser extent, advertising and other activities. (1) Subscriptions: The company’s largest revenue stream comes from selling paid subscriptions to its digital products and print newspaper...
New York Times Earnings Call Summary
The call presented strong top-line growth across subscriptions, advertising and consolidated revenues, plus meaningful free cash flow and shareholder returns. Management highlighted strategic progress—scaling video, product enhancements, and audience engagement—with robust Q2 results and constructive Q3 guidance. Headwinds include higher-than-expected operating cost growth (largely driven by compensation, incentive payouts, marketing and new sales staffing), platform-driven traffic pressures, early-stage video monetization, and some timing-related lumpiness in affiliate revenues and cash flow. Overall, positive operational momentum and financial performance outweighed the cited challenges and near-term cost/headwind risks.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For Q3 the Company guided digital‑only subscription revenues to increase 12%–15% and total subscription revenues to increase 9%–11%; digital advertising revenues to rise mid‑ to high‑teens and total advertising to increase high single‑ to low double‑digits; affiliate, licensing & other revenues to grow low‑ to mid‑single digits; and adjusted operating costs to increase 8%–9%. Management reiterated that it expects 2026 to be another year of healthy revenue and AOP growth with strong free cash flow and to remain on track for its midterm targets for subscribers, AOP growth and capital returns. For context, Q2 results underpinning the guide included +11% consolidated revenues, +16% AOP (~$155M), digital‑only subscription revenue up 16.4% to $408M with ~280k net new digital subs (total subs ~13.3–13.4M), total subscription revenue of ~$538M (+11.7%), digital advertising $114M (+20.7%) and total advertising $149M (+11.3%), adjusted diluted EPS $0.69 (up $0.11, +19%), H1 free cash flow ~$266M, and ~$160M returned to shareholders (≈$92M repurchases, $68M dividends).
New York Times Financial Statement Overview
Summary
Strong overall fundamentals: revenue has expanded steadily (2021 ~$2.07B to 2025 ~$2.82B; TTM ~$2.98B), margins improved (net margin ~12.2% in 2025 to ~13.2% TTM; gross margin up to ~51.7% TTM), and free cash flow is robust ($623M TTM) with good earnings quality (~93%–95% of net income since 2023). Balance sheet is exceptionally conservative with effectively zero debt in TTM and improving ROE (~19.5% TTM). Key watch item: some operating margin volatility with TTM below 2025, implying cost/investment pressure.
Income Statement
82Very PositiveBalance Sheet
90Very PositiveCash Flow
86Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.98B | 2.82B | 2.59B | 2.43B | 2.31B | 2.07B |
| Gross Profit | 1.54B | 1.44B | 1.28B | 1.18B | 1.10B | 1.04B |
| EBITDA | 594.60M | 547.57M | 476.46M | 398.95M | 328.58M | 358.26M |
| Net Income | 392.82M | 343.98M | 293.82M | 232.39M | 173.91M | 219.97M |
Balance Sheet | ||||||
| Total Assets | 2.98B | 3.00B | 2.84B | 2.71B | 2.53B | 2.56B |
| Cash, Cash Equivalents and Short-Term Investments | 660.81M | 642.16M | 565.92M | 451.57M | 347.36M | 661.05M |
| Total Debt | 0 | 48.72M | 47.77M | 42.91M | 59.12M | 63.61M |
| Total Liabilities | 936.99M | 955.73M | 914.27M | 951.38M | 933.78M | 1.02B |
| Stockholders Equity | 2.05B | 2.04B | 1.93B | 1.76B | 1.60B | 1.54B |
Cash Flow | ||||||
| Free Cash Flow | 623.02M | 550.50M | 381.34M | 337.95M | 113.73M | 234.46M |
| Operating Cash Flow | 658.26M | 584.49M | 410.51M | 360.62M | 150.69M | 269.10M |
| Investing Cash Flow | -265.97M | -221.32M | -306.09M | -159.69M | -73.56M | -180.81M |
| Financing Cash Flow | -357.24M | -306.14M | -192.72M | -132.71M | -174.31M | -54.95M |
New York Times Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NYT, the sentiment is Positive. The current price of 70.17 is above the 20-day moving average (MA) of 67.85, above the 50-day MA of 67.15, and below the 200-day MA of 72.97, indicating a neutral trend. The MACD of 1.00 indicates Negative momentum. The RSI at 59.98 is Neutral, neither overbought nor oversold. The STOCH value of 51.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NYT.
New York Times Risk Analysis
New York Times disclosed 30 risk factors in its most recent earnings report. New York Times reported the most risks in the "Tech & Innovation" category.
Latest Risks Added
0 New RisksNew York Times Peers Comparison
Overall Rating
- NYT77Outperform
NWSA69Neutral
WLY67Neutral
TDAY49Neutral
LEE45Neutral
TNMG42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| NYT | 77Outperform | $11.32B | 29.00 | 19.47% | 1.24% | 10.76% | 23.78% |
| NWSA | 69Neutral | $16.21B | 30.82 | 6.62% | 0.69% | 1.06% | 26.22% |
| WLY | 67Neutral | $2.60B | 13.57 | 25.28% | 2.78% | -0.27% | 111.79% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| TDAY | 49Neutral | $907.33M | -22.89 | -25.00% | ― | -6.67% | -134.92% |
| LEE | 45Neutral | $136.43M | -3.95 | 38.08% | ― | -11.12% | 72.31% |
| TNMG | 42Neutral | $2.96M | -0.03 | -249.02% | ― | -7.16% | 71.12% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| NYT | The New York Times Company | 70.17 | 13.79 | 24.47% | |
| WLY | John Wiley Sons Cl | 51.17 | 14.99 | 41.43% | |
| LEE | Lee Enterprises | 6.12 | 1.83 | 42.66% | |
| NWSA | News Corporation Class A | 29.12 | 3.32 | 12.89% | |
| TDAY | Usa Today Co., Inc. | 6.18 | 0.91 | 17.27% | |
| TNMG | TNL Mediagene | 3.89 | -48.08 | -92.51% |
New York Times Corporate Events
New York Times Announces Leadership Change in HR Department
NeutralOn September 9, 2026, The New York Times Company announced that Jacqueline Welch will step down as Executive Vice President and Chief Human Resources Officer, effective January 1, 2027, marking a leadership change in its human resources function. In...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 23, 2026