NWS vs NYT
News Corp. and NEW York Times Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NWS | NYT |
|---|---|---|
| Revenue | $9.0B | $2.8B |
| Net income | $573.0M | $344.0M |
| Gross margin | · | 50.8% |
| Net margin | 8.2% | 12.2% |
| Return on equity | 6.6% | 17.3% |
| Diluted EPS | $1.03 | $2.09 |
| Dividend / share | · | $0.72 |
| Payout ratio | 35.6% | 32.1% |
| Free cash flow | $811.0M | $550.5M |
| Equity | $8.5B | $2.0B |
| Net debt / equity | −0.01× | · |
| Current ratio | 1.62× | 1.54× |
| Revenue CAGR 5y | −0.7% | 9.6% |
| Profit CAGR 5y | 11.7% | 28.0% |
NWS bills 3.2× the revenue of NYT, and NYT keeps more of each dollar of revenue as profit (12.2% against 8.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | NWS | NYT |
|---|---|---|
| FY2025 | $9.0B | $2.8B |
| FY2024 | $8.5B | $2.6B |
| FY2023 | $8.3B | $2.4B |
| FY2022 | $8.0B | $2.3B |
| FY2021 | $10.4B | $2.1B |
| FY2020 | $9.4B | $1.8B |
| FY2019 | $9.0B | $1.8B |
| FY2018 | $10.1B | $1.7B |
| FY2017 | $9.0B | $1.7B |
| FY2016 | $8.1B | $1.6B |
Bottom line
| Fiscal year | NWS | NYT |
|---|---|---|
| FY2025 | $573.0M | $344.0M |
| FY2024 | $1.2B | $293.8M |
| FY2023 | $266.0M | $232.4M |
| FY2022 | $149.0M | $173.9M |
| FY2021 | $623.0M | $220.0M |
| FY2020 | $330.0M | $100.1M |
| FY2019 | $-1.3B | $140.0M |
| FY2018 | $155.0M | $125.7M |
| FY2017 | $-1.5B | $4.3M |
| FY2016 | $-738.0M | $29.1M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$6,203,082,000 | NWS |
| FY2024 | +$5,866,081,000 | NWS |
| FY2023 | +$5,825,848,000 | NWS |
| FY2022 | +$5,703,679,000 | NWS |
| FY2021 | +$8,310,123,000 | NWS |
| FY2020 | +$7,574,361,000 | NWS |
| FY2019 | +$7,195,816,000 | NWS |
| FY2018 | +$8,325,402,000 | NWS |
| FY2017 | +$7,348,361,000 | NWS |
| FY2016 | +$6,583,658,000 | NWS |
| FY2015 | +$6,712,785,000 | NWS |
| FY2014 | +$6,935,472,000 | NWS |
| FY2013 | +$6,908,770,000 | NWS |
| FY2012 | +$7,295,659,000 | NWS |
| FY2011 | +$7,099,426,000 | NWS |
NWS has reported the higher revenue in every one of these 15 fiscal years. The gap has narrowed since the earliest year compared.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.9 pp | NYT |
| FY2024 | +4.5 pp | NWS |
| FY2023 | −5.3 pp | NYT |
| FY2022 | −5.2 pp | NYT |
| FY2021 | −3.3 pp | NYT |
| FY2020 | −1.5 pp | NYT |
| FY2019 | −24.9 pp | NYT |
| FY2018 | −5.0 pp | NYT |
| FY2017 | −16.4 pp | NYT |
| FY2016 | −9.4 pp | NYT |
| FY2015 | −1.0 pp | NYT |
| FY2014 | −2.9 pp | NYT |
| FY2013 | −0.6 pp | NYT |
| FY2012 | −2.4 pp | NYT |
| FY2011 | −21.1 pp | NYT |
The higher net margin has changed hands between NWS and NYT over this period.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NWS's net margin has been more volatile than NYT's over the 15 comparable fiscal years — 10.5 percentage points of standard deviation against 4.2.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NWS and NYT over these 15 fiscal years — NWS led in 1 and NYT in 14.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NWS's return on equity has been more volatile than NYT's over the 15 comparable fiscal years — 9.6 percentage points of standard deviation against 7.2.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
NYT led in return on equity in every one of the 15 comparable fiscal years — a structural lead, not a recent swing.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.