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In this Reuters Institute’s factsheet we analyse the gender breakdown of top editors in a strategic sample of 240 major online and offline news outlets in 12 different markets across four continents. Looking at a sample of 10 top online news outlets and 10 top offline news outlets in each of these 12 markets, we find: Only 22% of the 180 top editors across the 240 brands covered are women, despite the fact that, on average, 40% of journalists in the 12 markets are women. Looking only at the 10 markets we covered in 2020 and again in 2021, 23% of top editors are women, the same percentage as last year. Looking exclusively at the 178 brands included both this year and last year, the percentage of women among the top editors has changed from 22% in 2020 to 24% in 2021. Among 37 new top editors across these brands, 16% of these are women. (There were 14% women among the outgoing top editors.) ....