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U.S. Publishing Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies11
  • 7D-1.5%
  • 3M4.7%
  • 1Y23.5%
  • YTDn/a

Over the last 7 days, the Publishing industry has dropped 1.5%, driven by a pullback from New York Times of 3.7%. Over the past 12 months, the industry was up 24%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

Has the U.S. Publishing Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026US$31.5bUS$17.1bUS$1.0b22x31.4x1.8x
Mon, 09 Mar 2026US$31.1bUS$17.1bUS$935.4m31x33.3x1.8x
Wed, 04 Feb 2026US$31.2bUS$16.9bUS$1.0b15x31x1.8x
Fri, 02 Jan 2026US$29.8bUS$16.9bUS$1.0b15.8x29.6x1.8x
Sun, 30 Nov 2025US$29.2bUS$16.9bUS$994.0m19.9x29.4x1.7x
Tue, 28 Oct 2025US$28.2bUS$16.8bUS$1.0b20.2x28.2x1.7x
Thu, 25 Sep 2025US$31.0bUS$17.0bUS$996.8m21.9x31.1x1.8x
Sat, 23 Aug 2025US$31.1bUS$17.0bUS$992.3m26.2x31.3x1.8x
Mon, 21 Jul 2025US$30.0bUS$18.8bUS$952.7m24.9x31.5x1.6x
Wed, 18 Jun 2025US$29.1bUS$18.8bUS$980.1m20x29.7x1.5x
Fri, 16 May 2025US$29.5bUS$18.8bUS$908.4m27.7x32.4x1.6x
Sun, 13 Apr 2025US$26.9bUS$18.8bUS$753.2m34.7x35.7x1.4x
Tue, 11 Mar 2025US$28.4bUS$18.8bUS$725.1m36.2x39.2x1.5x
Thu, 06 Feb 2025US$30.0bUS$18.8bUS$473.9m36.7x63.2x1.6x
Sat, 04 Jan 2025US$28.7bUS$18.7bUS$456.4m37.5x62.9x1.5x
Mon, 02 Dec 2024US$30.7bUS$18.8bUS$429.7m31.8x71.4x1.6x
Wed, 30 Oct 2024US$29.0bUS$18.7bUS$345.3m34.1x84x1.5x
Fri, 27 Sep 2024US$28.6bUS$18.7bUS$333.6m56.5x85.8x1.5x
Sun, 25 Aug 2024US$29.7bUS$18.8bUS$242.8m60.1x122.1x1.6x
Tue, 23 Jul 2024US$28.6bUS$18.6bUS$137.1m69.4x208.7x1.5x
Thu, 20 Jun 2024US$27.7bUS$18.7bUS$178.8m25.8x155.1x1.5x
Sat, 18 May 2024US$27.1bUS$18.8bUS$221.9m26.1x121.9x1.4x
Mon, 15 Apr 2024US$24.7bUS$18.8bUS$317.6m24.9x77.8x1.3x
Wed, 13 Mar 2024US$26.9bUS$18.9bUS$341.3m30.9x78.7x1.4x
Fri, 09 Feb 2024US$26.4bUS$19.0bUS$444.7m19.9x59.3x1.4x
Sun, 07 Jan 2024US$25.6bUS$18.9bUS$316.6m19.4x80.9x1.4x
Tue, 05 Dec 2023US$24.5bUS$18.9bUS$334.1m21x73.4x1.3x
Thu, 02 Nov 2023US$22.4bUS$18.9bUS$275.5m29.2x81.2x1.2x
Sat, 30 Sep 2023US$22.6bUS$18.9bUS$272.5m38.4x82.9x1.2x
Mon, 28 Aug 2023US$23.4bUS$19.0bUS$375.6m59.6x62.3x1.2x
Wed, 26 Jul 2023US$21.9bUS$19.3bUS$455.7m38x48.2x1.1x
Fri, 23 Jun 2023US$21.3bUS$19.2bUS$432.1m36.4x49.3x1.1x
Sun, 21 May 2023US$20.9bUS$19.3bUS$406.6m31x51.5x1.1x
Tue, 18 Apr 2023US$20.9bUS$19.4bUS$370.4m33.3x56.3x1.1x
Price to Earnings Ratio

56.3x


Total Market Cap: US$20.9bTotal Earnings: US$370.4mTotal Revenue: US$19.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Publishing Industry Price to Earnings3Y Average 64.5x202420252026
Current Industry PE
  • Investors are pessimistic on the American Publishing industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 32.0x which is lower than its 3-year average PE of 64.5x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Publishing industry have grown 39% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.1% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does U.S. Publishing compare with similar industries?

US Market3.43%
Telecom5.64%
Media-0.053%
Publishing-1.52%
Broadcasting7.73%
Advertising-1.92%
Cable and Satellite-2.08%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NWSA NewsUS$24.480.3%
+US$28.1m		-6.5%PE30.6x
SCHL ScholasticUS$39.570.9%
+US$7.9m		141.4%PE13.4x
LEE Lee EnterprisesUS$8.452.6%
+US$4.8m		-5.6%PS0.3x

Latest News

TDAY
US$6.98
USA TODAY
7D
-1.7%
1Y
161.4%

TDAY: Meta AI Licensing Will Support Higher Margin Digital And AI Revenues

Analysts have raised their average price target for USA TODAY by $0.17, pointing to factors such as the ongoing shift toward higher margin digital revenue, progress on cost reductions and debt paydown, and potential upside from advertising, subscriptions, DMS launches, AI licensing, and the Google lawsuit. Analyst Commentary Recent research updates highlight a mix of optimism and caution around USA TODAY, with higher price targets reflecting both confidence in the digital transition and awareness of execution risks.
LEE
US$8.45
Lee Enterprises
7D
2.6%
1Y
-5.6%
WLY
US$38.45
John Wiley & Sons
7D
-1.5%
1Y
-9.5%

WLY: Content Partnerships And Journal Expansion Will Support Future Upside Potential

Analysts have kept the price target for John Wiley & Sons steady at $66.00, with only marginal adjustments to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions behind their valuation framework. What's in the News The company reported completing the repurchase of 5,117,122 shares, representing 9.44% of its shares, for $199.87 million under the buyback announced on March 20, 2020, including 697,660 shares, or 1.32%, repurchased for $22.33 million between November 1, 2025 and January 31, 2026 (Key Developments).
SCHL
US$39.57
Scholastic
7D
0.9%
1Y
141.4%

SCHL: Fair Outlook Weighs Buybacks Against Rich Pricing After Recent Rally

Narrative Update on Scholastic The analyst price target on Scholastic has been raised by $3 to $40, with analysts citing recent share gains that brought the stock close to prior targets and a view that the current price already reflects existing growth expectations. Analyst Commentary Recent research around Scholastic focuses squarely on valuation after a strong share price run and the stock trading near published price targets.
NWSA
US$24.48
News
7D
0.3%
1Y
-6.5%

NWSA: AI Licensing Deal Will Support Future Upside Potential

Analysts have reduced their fair value estimate for the stock by $2 to $41, reflecting updated views on future P/E assumptions. They still cite support from revenue growth and profit margin expectations.
NYT
US$79.01
New York Times
7D
-7.8%
1Y
63.0%

NYT: Future Returns Will Depend On Sustaining High P/E Amid Execution Risks

Analysts have raised their blended price target for New York Times by $17, citing modestly higher assumed revenue growth and profit margins, along with a slightly lower future P/E multiple in updated models. Analyst Commentary Recent Street research on New York Times has centered on adjustments to price targets rather than sweeping changes in ratings, with multiple firms, including JPMorgan, revisiting their assumptions.