NYT vs WLY: New York Times and John Wiley & Sons compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- New York Times is the larger company, worth $10.4B, about 3.8 times John Wiley & Sons.
- New York Times grew revenue faster over the last year (+11.2% vs -2.6%).
- New York Times keeps more of each dollar of revenue as operating profit (15.9% vs 14.9%).
- On earnings, John Wiley & Sons is the cheaper stock (18.6x vs 27.5x).
- New York Times's price assumes faster free cash flow growth: about 4% a year, against -1% for John Wiley & Sons (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | NYT | WLY |
|---|---|---|
| Market cap | $10.4B | $2.7B |
| Share price | $66.32 | $49.64 |
| Revenue (last fiscal year) | $2.8B | $1.7B |
| Free cash flow (last fiscal year) | $551M | $209M |
| Revenue growth, last year | +11.2% | -2.6% |
| Revenue growth per year, last 5 fiscal years | +8.0% | -5.3% |
| Operating margin | 15.9% | 14.9% |
| Net margin | 13.2% | 11.9% |
| Return on equity | 19.2% | 24.9% |
| P/E (trailing) | 27.5x | 18.6x |
| Price / free cash flow | 18.8x | 19.3x |
| EV / EBITDA | 16.7x | 9.38x |
| FCF growth the price implies | 4.2% | -0.65% |
| Dividend yield | 1.2% | 2.7% |
| Debt / equity | 0.46x | 2.93x |
| Fundamental grade | B | D |
| Superinvestors holding it | 4 | 2 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
New York Times
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $2.1B | $234M | 12.9% |
| 2022 | $2.3B | $114M | 8.7% |
| 2023 | $2.4B | $338M | 11.4% |
| 2024 | $2.6B | $381M | 13.6% |
| 2025 | $2.8B | $551M | 15.3% |
John Wiley & Sons
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $2.1B | $250M | 10.5% |
| 2023 | $2.0B | $196M | 2.8% |
| 2024 | $1.9B | $132M | 2.8% |
| 2025 | $1.7B | $141M | 13.2% |
| 2026 | $1.7B | $209M | 16.5% |
Where the revenue comes from
New York Times · by segments, 2024
The New York Times Group$2.4B93%
The Athletic$172M7%
John Wiley & Sons · by segments, 2026
Research$1.1B67%
Learning$547M33%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open NYT in InvestinglyQuestions
Which is bigger, New York Times or John Wiley & Sons?
New York Times (NYT), at $10.4B against $2.7B.
Is NYT or WLY cheaper?
By trailing P/E, John Wiley & Sons (18.6x) is cheaper than New York Times (27.5x). A lower multiple can also mean the market expects less growth.
Which grows faster, NYT or WLY?
New York Times: revenue grew +11.2% over the last year, against -2.6%.
More comparisons
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.