TDAYUSA TODAY Co., Inc.
Is the business good?
The checks split: 7 of 9 health tests passed, but margins compressing.
High fundamental quality. Nine pass/fail tests of year-over-year health from the filings.
Operating margin has narrowed over the past few years, profitability per dollar of sales is eroding.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is TDAY?
USA TODAY Co., Inc. keeps −1.8% of every revenue dollar as profit after everything, against 11% for the median Publishing name.
Net margin · Publishing median 11% · 12 months to Q2 2026
- Share count, year on year
- −0.74%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 39%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −13% |
| FY2021 | 3.4% |
| FY2022 | −1.1% |
| FY2023 | 3.2% |
| FY2024 | −1.7% |
Details›
- Gross margin12 months to Q2 2026
- 39%
- Net margin12 months to Q2 2026
- −1.8%
- Free cash flow margin
- 2.8%
- Revenue, trailing twelve months
- $2.23B
- Free cash flow, trailing twelve months
- $62M
- Net income, trailing twelve months
- −$40M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.