NYT
The New York Times Company
NYT's fundamentals are strong: it turned 19% of its revenue into free cash flow and revenue grew 11%. At 29x earnings, it's trading below its usual 35x. Analysts expect earnings growth.
NYT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
NYT's revenue, profitability, cash flow and balance sheet are all currently healthy.
NYT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $71.46 | — |
| Current | 29x | $71.46 | — |
| Cheap | 30x | $74.74 | +4.6% |
| Fair | 35x | $86.99 | +22% |
| Expensive | 51x | $127 | +78% |
Historical ranges are pointers, not guarantees.
NYT's PE is in its cheap range at 29x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
NYT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for NYT, with profitability improving.
NYT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.12 | +25% |
| Q3 2026 | $2.50 | +23% |
| Q2 2026 | $2.40 | +24% |
| Q1 2026 | $2.33 | +27% |
| Q4 2025 | $2.09 | +18% |
| Q3 2025 | $2.04 | +20% |
| Q2 2025 | $1.93 | +18% |
| Q1 2025 | $1.83 | +21% |
| Q4 2024 | $1.77 | +26% |
NYT's earnings per share have climbed steadily: $2.50 over the past year, up 23% from the year before, and higher year over year for 13 quarters in a row.
NYT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $768.5M | +9.7% |
| Q2 2026 | $762.5M | +11% |
| Q1 2026 | $712.2M | +12% |
| Q4 2025 | $802.3M | +10% |
| Q3 2025 | $700.8M | +9.5% |
| Q2 2025 | $685.9M | +9.7% |
| Q1 2025 | $635.9M | +7.1% |
| Q4 2024 | $726.6M | +7.5% |
NYT's revenue has grown year over year every quarter since late 2020: $769M last quarter, up 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | +0.9 points |
| Q2 2026 | 15% | -0.1 points |
| Q1 2026 | 13% | +3.5 points |
| Q4 2025 | 20% | 0 points |
| Q3 2025 | 15% | +3 points |
| Q2 2025 | 16% | +2.8 points |
| Q1 2025 | 9.2% | +1.1 points |
| Q4 2024 | 20% | +1.1 points |
NYT's operating margin was 16% last quarter, up 0.9 points from the same quarter a year ago.
NYT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $170.1M | -15% |
| Q2 2026 | $184.2M | +78% |
| Q1 2026 | $81.5M | -9.3% |
| Q4 2025 | $157.6M | +9.7% |
| Q3 2025 | $199.7M | +69% |
| Q2 2025 | $103.3M | +42% |
| Q1 2025 | $89.9M | +93% |
| Q4 2024 | $143.6M | +10% |
NYT generated $593M in free cash flow over the past year, up 11% from the year before.
NYT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -790K shares |
| 1 year | -1.3% | -2.1M shares |
| 3 years | -1.9% | -3.2M shares |
| 5 years | -3.7% | -6.3M shares |
| Available history | -3.3% | -5.5M shares |
NYT has 162M diluted shares, down 1.3% from a year ago, with $226M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $79.1M |
| Q2 2026 | $35.4M |
| Q1 2026 | $56.3M |
| Q4 2025 | $55.5M |
| Q3 2025 | $27.3M |
| Q2 2025 | $23.6M |
| Q1 2025 | $59M |
| Q4 2024 | $24.7M |
NYT spent $226M buying back its own shares over the past year, up 68% from the year before.
NYT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
NYT has more cash than debt.
NYT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.8 | Neutral |
| Stochastic | 65.4 | Neutral |
NYT's weekly RSI is 53 (neutral) and its Stochastic is 65 (neutral).
NYT PE vs Communication Services Sector
| Metric | NYT | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 16x | 73% above |
| PE % | 11 | 26 | 15 pts below |
NYT is trading at 29x earnings, a 73% premium to the Communication Services sector's median of 16x.
NYT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $67.5 | 5.8% above |
| 20 week MA | $68.9 | 3.7% above |
| 50 week MA | $72.7 | 1.7% below |
| 100 week MA | $63.6 | 12% above |
| 200 week MA | $54.5 | 31% above |
NYT's trend is mixed: it's above four of its five weekly moving averages, and 31% above its 200-week average.
NYT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.1 | $51.4 | +60% |
| 2021 | $51.4 | $47.4 | -7.7% |
| 2022 | $47.4 | $33.0 | -30% |
| 2023 | $33.0 | $49.0 | +48% |
| 2024 | $49.0 | $53.2 | +8.6% |
| 2025 | $53.2 | $70.2 | +32% |
| 2026 YTD | $70.2 | $71.5 | +1.9% |
NYT has finished higher in four of the last six years. It's up 1.9% so far in 2026.