The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various media worldwide. The Company publishes The New York Times (The Times), a daily and Sunday newspaper in the United States available in print, online, and through other digital platforms; the International New York Times, an international edition of The Times for global audiences; and NYTimes.com and international.nytimes.com. It also transmits articles, graphics, and photographs from The Times and other publications, magazines, and websites; and offers product licensing, book development, and rights and permissions, as well as is involved in online retail store business. In addition, the Company is engaged in conferences business, a platform for its live journalism; and digital archive distribution, which licenses electronic archive databases to resellers of that information in the business, professional, and library markets.
TypePublic
HQNew York, US
Founded1851
Size (employees)3,790 (est)+3%
Websitenytimes.com
New York Times was founded in 1851 and is headquartered in New York, US
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Key People/Management at New York Times

Mark Thompson

Mark Thompson

President & Chief Executive Officer, the New York Times Company
A.G. Sulzberger

A.G. Sulzberger

Publisher
Dean Baquet

Dean Baquet

Executive Editor the New York Times
William Bardeen

William Bardeen

Senior Vice President, Strategy & Development
James Bennet

James Bennet

Editor, Editorial Page, the New York Times
Diane Brayton

Diane Brayton

Executive Vice President, General Counsel and Secretary
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New York Times Office Locations

New York Times has offices in New York, Paris, Hong Kong and London
New York, US (HQ)
620 Eighth Avenue
Paris, FR
Immeuble le Lavoisier, 4, place des Vosges, 92400 Courbevoie
Hong Kong, HK
1706 K. Wah Centre, 191 Java Road, North Point
London, GB
1 New Oxford Street
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New York Times Financials and Metrics

New York Times Revenue

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New York Times's revenue was reported to be $1.68 b in FY, 2017 which is a 7.7% increase from the previous period.
USD

Revenue (Q2, 2018)

414.6m

Gross profit (Q2, 2018)

258.7m

Gross profit margin (Q2, 2018), %

62.4%

Net income (Q2, 2018)

23.6m

EBIT (Q2, 2018)

40.0m

Market capitalization (15-Oct-2018)

4.2b

Closing stock price (15-Oct-2018)

25.5

Cash (1-Jul-2018)

236.5m

EV

4.2b
New York Times's current market capitalization is $4.2 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.6b1.6b1.6b1.7b

Revenue growth, %

1%(1%)(2%)8%

Cost of goods sold

644.0m617.8m628.1m615.4m

Gross profit

944.5m961.4m927.2m1.1b
Quarterly
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

176.6m105.8m100.7m182.9m

Accounts Receivable

212.7m207.2m197.4m184.9m

Prepaid Expenses

25.6m19.4m15.9m22.9m

Current Assets

1.1b862.5m796.2m749.7m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

266.2m155.0m144.6m185.7m400.1m156.9m151.0m204.1m244.7m213.8m236.5m

Accounts Receivable

165.9m154.6m157.6m170.0m150.0m152.6m176.9m149.6m142.3m151.4m137.9m

Prepaid Expenses

26.2m23.5m22.0m21.5m15.2m14.1m16.8m13.5m17.9m23.4m27.0m

Current Assets

94.4m922.7m914.1m846.1m939.1m962.8m767.9m775.4m767.8m740.0m730.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

32.3m62.8m23.8m6.8m

Depreciation and Amortization

79.5m61.6m61.7m61.9m

Accounts Payable

(33.9m)(22.8m)(32.3m)10.0m

Cash From Operating Activities

80.5m175.3m94.2m86.7m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(14.4m)1.8m11.2m(13.6m)(14.1m)(13.8m)13.1m28.7m64.7m21.9m45.5m

Depreciation and Amortization

14.8m30.7m46.0m15.5m30.6m46.0m16.2m31.3m47.0m15.0m29.1m

Accounts Payable

(98.5m)(87.6m)(76.6m)(94.4m)(78.6m)(45.5m)(35.0m)(20.4m)12.5m(67.1m)(65.4m)

Cash From Operating Activities

11.1m65.7m108.0m(20.7m)31.5m76.1m30.1m99.5m147.9m17.9m77.7m
USDY, 2018

EV/EBIT

105.5 x

EV/CFO

54.3 x

EV/FCF

131.3 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.1 x
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New York Times Operating Metrics

New York Times's Monthly Unique Visitors was reported to be 136 m in FY, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q2, 2018

Digital News Subscribers

910 k960 k990 k1.04 m1.09 m1.09 m1.16 m1.21 m1.33 m1.61 m1.61 m1.92 m2.03 m2.13 m2.23 m2.90 m

Net Addition in Digital News Subscribers

50 k30 k50 k50 k70 k50 k120 k280 k310 k110 k157 k

Monthly Unique Visitors (US)

31 m62 m85 m97 m

Monthly Unique Visitors

42 m122 m136 m
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New York Times Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
The SweethomeOctober 24, 2016
The WirecutterOctober 24, 2016
Fake LoveAugust 12, 2016
HelloSocietyMarch 11, 2016
ucomparehealthcare.comMarch 27, 2007
BaselineAugust 28, 2006$35 m
blogrunnerFebruary 06, 2006
About, IncFebruary 18, 2005
Dotdash February 17, 2005$410 m
Abuzz TechnologiesJune 01, 1999
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New York Times Revenue Breakdown

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New York Times revenue breakdown by business segment: 33.3% from Advertising, 60.2% from Subscription and 6.5% from Other

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New York Times Online and Social Media Presence

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New York Times News and Updates

PRESS DIGEST- New York Times business news - Oct 18

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

This startup is the 'Netflix for books,' with unlimited access to a huge library for a monthly fee. Now, it's getting the New York Times, too

Scribd is the Netflix of the publishing world — offering readers unlimited access to a library of more than 1 million books and audiobooks, magazines, and other documents for a monthly fee of $9. On Wednesday, Scribd announced a brand new service, bundling a Scribd subscription with a subscription…

The New York Times and Scribd launch joint subscription bundle

The New York Times Company is partnering with reading subscription service Scribd to offer a subscription bundle, the companies said Wednesday. Subscribers will get unlimited digital access to The New York Times and Scribd's library of books and audiobooks for a fee of $12.99 a month. Normally, a S…

Scribd and The New York Times Introduce New Dual Subscription

SAN FRANCISCO, Oct. 17, 2018 /PRNewswire/ -- Scribd, the unlimited reading subscription service that provides access to the best books, audiobooks, newspapers and magazines, has collaborated with The New York Times (NYSE: NYT) to offer a new audience of readers the ultimate subscription...

PRESS DIGEST- New York Times business news - Oct 17

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

The New York Times is cutting its online price, but there’s a catch

The $12.99/month package bundles online access to the Times with nearly unlimited ebooks, audiobooks, and other material from Scribd. With 3.8 million subscribers–2.9 million paying just for digital access–The New York Times has been one of the early success stories for paywalls, which partly or com…
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New York Times Blogs

Remains of Dozens of Infants and Fetuses Found at Second Detroit Funeral Home

Police officers at Perry Funeral Home in Detroit, where the remains of dozens of infants and fetuses were discovered on Friday.

Trump, Breaking With U.S. Intelligence, Appears to Accept Saudi Explanation of Journalist’s Death

Asked during a visit on Friday to Luke Air Force Base in Arizona whether he viewed the Saudi explanation as credible, President Trump said, “I do.”

Harvard’s Admissions Process, Once Secret, Is Unveiled in Federal Court

A trial examining whether Harvard University discriminates against Asian-American applicants has revealed a number of secrets about its admissions process.

Saudi Arabia Says Jamal Khashoggi Was Killed in Consulate Fight

The kingdom’s public prosecutor said Mr. Khashoggi died after an argument and fistfight inside the Saudi Consulate in Istanbul.

BepiColombo Launches on Long Journey to Mercury

An Ariane 5 rocket lifts off in French Guiana on Friday, carrying the BepiColombo spacecraft to the planet Mercury.
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New York Times Company Life and Culture

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