NYT vs. NFLX

Last updated Jun 3, 2026

NYT (The New York Times Company) and NFLX (Netflix, Inc.) are both stocks. Both are in the Communication Services sector — NYT in Publishing, NFLX in Entertainment. Over the past 10 years, NYT returned 21.21%/yr vs 23.67%/yr for NFLX. At a 0.25 correlation, their price movements are largely independent.

Performance

NYT vs. NFLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The New York Times Company (NYT) and Netflix, Inc. (NFLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NYT achieves a 8.96% return, which is significantly higher than NFLX's -11.12% return. Over the past 10 years, NYT has underperformed NFLX with an annualized return of 21.21%, while NFLX has yielded a comparatively higher 23.67% annualized return.

NYT

• 1D: -1.27%
• 1M: -4.42%
• YTD: 8.96%
• 6M: 17.99%
• 1Y: 33.59%
• 3Y*: 28.23%
• 5Y*: 13.46%
• 10Y*: 21.21%

NFLX

• 1D: -2.94%
• 1M: -9.48%
• YTD: -11.12%
• 6M: -23.80%
• 1Y: -31.64%
• 3Y*: 27.67%
• 5Y*: 11.23%
• 10Y*: 23.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NYT vs. NFLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NYT The New York Times Company	8.96%	35.06%	7.33%	52.60%	-32.16%	-6.18%	61.92%	45.26%	21.35%	40.50%
NFLX Netflix, Inc.	-11.12%	5.19%	83.07%	65.11%	-51.05%	11.41%	67.11%	20.89%	39.44%	55.06%

Correlation

The correlation between NYT and NFLX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since May 24, 2002	0.25

The correlation between NYT and NFLX shifts across timeframes, from 0.10 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NYT : $12.32B NFLX : $358.19B
EPS NYT : $2.33 NFLX : $3.09
PE Ratio NYT : 32.32 NFLX : 26.96
PEG Ratio NYT : 2.16 NFLX : 1.07
PS Ratio NYT : 4.26 NFLX : 7.69
PB Ratio NYT : 6.15 NFLX : 11.51
Total Revenue (TTM) NYT : $2.90B NFLX : $46.89B
Gross Profit (TTM) NYT : $1.49B NFLX : $22.99B
EBITDA (TTM) NYT : $573.11M NFLX : $26.91B

Return for Risk

NYT vs. NFLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NYT

NYT Risk / Return Rank: 76
NYT Sharpe Ratio Rank: 75
NYT Sortino Ratio Rank: 73
NYT Omega Ratio Rank: 75
NYT Calmar Ratio Rank: 78
NYT Martin Ratio Rank: 77

NFLX

NFLX Risk / Return Rank: 9
NFLX Sharpe Ratio Rank: 5
NFLX Sortino Ratio Rank: 7
NFLX Omega Ratio Rank: 7
NFLX Calmar Ratio Rank: 14
NFLX Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NYT vs. NFLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The New York Times Company (NYT) and Netflix, Inc. (NFLX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NYT	NFLX	Difference
Sharpe ratio Return per unit of total volatility	1.18	-0.96	+2.14
Sortino ratio Return per unit of downside risk	1.95	-1.32	+3.28
Omega ratio Gain probability vs. loss probability	1.27	0.83	+0.44
Calmar ratio Return relative to maximum drawdown	2.46	-0.71	+3.18
Martin ratio Return relative to average drawdown	5.84	-1.28	+7.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NYT vs. NFLX - Sharpe Ratio Comparison

The current NYT Sharpe Ratio is 1.18, which is higher than the NFLX Sharpe Ratio of -0.96. The chart below compares the historical Sharpe Ratios of NYT and NFLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NYT	NFLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	-0.96	+2.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.26	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.57	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.58	-0.31

Drawdowns

NYT vs. NFLX - Drawdown Comparison

The maximum NYT drawdown since its inception was -92.09%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for NYT and NFLX.

Drawdown Indicators

	NYT	NFLX	Difference
Max Drawdown Largest peak-to-trough decline	-92.09%	-81.99%	-10.10%
Max Drawdown (1Y) Largest decline over 1 year	-13.51%	-43.35%	+29.84%
Max Drawdown (3Y) Largest decline over 3 years	-19.67%	-43.35%	+23.68%
Max Drawdown (5Y) Largest decline over 5 years	-49.83%	-75.95%	+26.12%
Max Drawdown (10Y) Largest decline over 10 years	-49.93%	-75.95%	+26.02%
Current Drawdown Current decline from peak	-12.37%	-37.77%	+25.40%
Average Drawdown Average peak-to-trough decline	-32.19%	-24.89%	-7.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	24.22%	-18.52%

Volatility

NYT vs. NFLX - Volatility Comparison

The New York Times Company (NYT) has a higher volatility of 11.08% compared to Netflix, Inc. (NFLX) at 7.05%. This indicates that NYT's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NYT	NFLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.08%	7.05%	+4.03%
Volatility (6M) Calculated over the trailing 6-month period	19.44%	25.64%	-6.20%
Volatility (1Y) Calculated over the trailing 1-year period	28.62%	33.09%	-4.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.45%	43.10%	-13.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.71%	41.52%	-10.81%

Dividends

NYT vs. NFLX - Dividend Comparison

NYT's dividend yield for the trailing twelve months is around 1.02%, while NFLX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFLX Netflix, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NYT The New York Times Company	1.02%	0.97%	0.96%	0.86%	1.05%	0.56%	0.44%	0.59%	0.72%	0.86%	1.20%	1.19%

Financials

NYT vs. NFLX - Profitability Comparison

The chart below illustrates the profitability comparison between The New York Times Company and Netflix, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NYT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The New York Times Company reported a gross profit of 349.30M and revenue of 712.24M. Therefore, the gross margin over that period was 49.0%.

NFLX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.

NYT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The New York Times Company reported an operating income of 90.62M and revenue of 712.24M, resulting in an operating margin of 12.7%.

NFLX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.

NYT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The New York Times Company reported a net income of 87.92M and revenue of 712.24M, resulting in a net margin of 12.3%.

NFLX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.

Frequently Asked Questions

Can I hold both NYT and NFLX in my portfolio?

NYT and NFLX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NYT or NFLX?

NYT has higher volatility (11.08%) compared to NFLX (7.05%). In terms of maximum drawdown, NYT dropped -92.09% vs NFLX's -81.99%.

Which has better risk-adjusted returns?

NYT currently has the higher Sharpe Ratio (1.18 vs -0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.