Nexstar Broadcasting Group Inc (NXST)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 722,000 | 346,000 | 971,000 | 834,000 | 811,500 |
| Revenue | US$ in thousands | 5,407,000 | 4,933,000 | 5,211,000 | 4,648,370 | 4,501,270 |
| Net profit margin | 13.35% | 7.01% | 18.63% | 17.94% | 18.03% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $722,000K ÷ $5,407,000K
= 13.35%
The net profit margin of Nexstar Broadcasting Group Inc has shown some fluctuations over the years. As of December 31, 2020, the net profit margin was 18.03%, a solid figure indicating that the company was able to convert 18.03% of its revenue into profit. However, by the end of 2021, the net profit margin slightly decreased to 17.94%.
The trend seemed to improve in 2022 with the net profit margin increasing to 18.63%, showing a positive performance. However, a significant decline was observed by the end of 2023, where the net profit margin dropped to 7.01%. This sharp decrease might warrant further investigation into the company's financial health and operational efficiency during that period.
In 2024, the net profit margin recovered slightly to 13.35%, indicating a partial rebound from the previous year's decline but still below the levels seen in 2020 and 2022. Overall, the varying net profit margins reflect the company's ability to manage costs, generate revenue, and remain profitable, highlighting the importance of consistent financial performance evaluation and strategic decision-making.
Peer comparison
Dec 31, 2024