USA TODAY Co., Inc. TDAY
USA TODAY Co. is a diversified media company with expansive reach at the national and local level dedicated to
empowering and enriching communities. Our mission is to inspire, inform, and connect audiences. As a media and digital
marketing solutions company we are focused on sustainable growth. Through our trusted brands, including the USA TODAY
NETWORK, comprised of the national publication, USA TODAY, and our network of local properties, in the United States
Last close
6.33
2026-09-04
Market cap
$929.4M
2026-06-30 share count
52-week range
4.33 - 9.21
Valuation FY2025 figures against the last close
P/S0.4x
P/E633.0x
P/FCF14.8x
EV/EBITDA—
Dividend yield—
Diluted EPS0.01
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.30B | $2.51B | $2.66B | $2.95B | $3.21B | $3.41B | $1.87B | $1.53B | $1.34B | $1.26B |
| Cost of revenue | $1.41B | $1.55B | $1.69B | $1.86B | $1.90B | $2.03B | $1.08B | $865.2M | $742.8M | — |
| Gross profit | $891.4M | $963.7M | $971.5M | $1.08B | $1.31B | $1.37B | $788.3M | $660.8M | $599.2M | — |
| SG&A | $639.7M | $703.6M | $722.9M | $852.5M | $902.1M | $999.8M | $602.1M | $502.6M | $447.1M | $415.8M |
| Total operating expenses | — | $2.55B | $2.58B | $2.98B | $3.10B | $3.85B | $2.01B | $1.47B | $1.31B | — |
| Operating income | — | -$42.8M | $86.3M | -$33.6M | $109.1M | -$447.9M | -$147.0M | $58.1M | $33.8M | $60.6M |
| Interest expense | $97.2M | $104.7M | $111.8M | $108.4M | $135.7M | $228.5M | $63.7M | $36.1M | $30.5M | $29.6M |
| Pre-tax income | -$1.3M | -$77.7M | -$6.2M | -$76.9M | -$87.9M | -$705.8M | -$207.2M | $20.0M | -$434.0K | $34.0M |
| Income tax | $3.0M | $51.3M | $21.7M | $1.3M | $48.2M | $33.5M | $86.0M | $1.9M | $481.0K | $2.3M |
| Net income | $1.8M | -$26.4M | -$27.9M | -$78.3M | -$136.2M | -$670.5M | -$119.8M | $18.2M | -$915.0K | $31.6M |
| EPS, basic | 0.01 | -0.18 | -0.20 | -0.57 | -1.00 | -5.09 | -1.77 | 0.31 | -0.02 | 0.70 |
| EPS, diluted | 0.01 | -0.18 | -0.20 | -0.57 | -1.00 | -5.09 | -1.77 | 0.31 | -0.02 | 0.70 |
| Shares, diluted (wtd. avg.) | $146.0M | $142.5M | $139.6M | $136.9M | $134.8M | $131.7M | $67.7M | $58.4M | $53.0M | $45.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $90.2M | $106.3M | $100.2M | $104.8M | $143.6M | $206.7M | $188.7M | $52.8M | $46.2M | $175.7M |
| Receivables | $223.6M | $239.6M | $266.1M | $289.4M | $328.7M | $314.3M | $438.5M | $174.3M | — | — |
| Inventory | $12.9M | $20.9M | $26.8M | $45.2M | $37.7M | $35.1M | $55.1M | $25.0M | $18.7M | $18.2M |
| Total current assets | $389.2M | $425.9M | $444.2M | $507.8M | $577.3M | $636.7M | $779.1M | $297.6M | $263.2M | $370.3M |
| Property, plant and equipment | $178.5M | $241.0M | $239.1M | $306.0M | $415.4M | $590.3M | $815.8M | $339.6M | $373.1M | $381.3M |
| Goodwill | $518.8M | $530.0M | $533.9M | $533.2M | $533.7M | $534.1M | $914.3M | $310.7M | $236.6M | $228.0M |
| Other intangibles | $337.8M | $430.4M | $524.4M | $613.4M | $713.2M | $824.6M | $1.01B | $486.1M | $403.5M | $351.5M |
| Total assets | $1.84B | $2.04B | $2.18B | $2.39B | $2.83B | $3.11B | $4.02B | $1.44B | $1.28B | $1.34B |
| Accounts payable | $144.4M | $154.2M | $142.2M | $189.1M | $157.3M | $131.8M | $147.0M | $16.6M | $15.8M | $19.1M |
| Short-term debt | $69.3M | $74.3M | $63.8M | $60.5M | $69.5M | $128.4M | $3.3M | $12.4M | $2.7M | $14.4M |
| Total current liabilities | $517.8M | $545.6M | $533.5M | $617.0M | $662.5M | $741.3M | $718.5M | $247.8M | $203.7M | $195.9M |
| Long-term debt | $884.9M | $1.01B | $980.8M | $1.10B | $1.16B | $1.47B | $1.64B | $428.2M | $357.2M | $338.9M |
| Total liabilities | $1.68B | $1.89B | $1.86B | $2.10B | $2.30B | $2.75B | $3.04B | $725.1M | $609.2M | $581.1M |
| Retained earnings | -$1.05B | -$1.05B | -$1.03B | -$999.4M | -$921.4M | -$786.4M | -$116.0M | $3.8M | -$2.8M | $16.3M |
| Total equity | $155.1M | $153.1M | $317.3M | $295.4M | $529.6M | $364.1M | $981.4M | $717.2M | $674.4M | $755.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $114.4M | $100.3M | $94.6M | $40.8M | $127.5M | $57.8M | $25.5M | $109.6M | $110.5M | $94.8M |
| Depreciation and amortisation | $165.8M | $156.3M | $162.6M | $182.0M | $204.0M | $263.8M | $111.9M | $84.8M | $74.4M | $67.8M |
| Stock-based compensation | $9.1M | $12.5M | $16.6M | $16.8M | $18.4M | $26.4M | $11.3M | $3.2M | $3.1M | $2.4M |
| Capital expenditure | $51.5M | $49.5M | $38.1M | $45.4M | $39.6M | $37.0M | $14.0M | $11.6M | $11.1M | $10.6M |
| Investing cash flow | $9.0M | -$27.9M | $47.0M | $22.1M | $70.6M | $160.1M | -$785.1M | -$201.5M | -$160.3M | -$144.8M |
| Financing cash flow | -$139.8M | -$68.9M | -$135.5M | -$102.9M | -$261.2M | -$201.3M | $898.9M | $98.5M | -$79.7M | $72.1M |
| Dividends paid | — | — | — | — | $0 | $0 | $91.9M | $87.2M | $75.6M | $59.8M |
| Buybacks | $3.1M | $3.1M | $2.6M | $6.6M | $3.2M | $2.0M | $1.0M | $792.0K | $5.0M | $417.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001579684-26-000022.
Others in SIC 2711
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NWSA | NEWS CORP | $16.91B | 29.5x | 6.8% |
| NYT | NEW YORK TIMES CO | $10.90B | 32.2x | 9.2% |
| DJCO | DAILY JOURNAL CORP | $865.2M | 7.7x | 25.4% |
| LEE | LEE ENTERPRISES, Inc | $181.2M | — | -8.0% |