Nexstar Broadcasting Group Inc (NXST)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 721,000 | 594,000 | 432,000 | 410,000 | 323,000 | 412,300 | 676,300 | 807,300 | 971,300 | 1,031,993 | 912,593 | 885,693 | 834,593 | 934,847 | 955,931 | 855,426 | 811,441 | 560,406 | 363,875 | 332,282 |
| Revenue (ttm) | US$ in thousands | 5,406,000 | 5,223,000 | 4,989,000 | 4,960,000 | 4,933,000 | 5,115,700 | 5,252,800 | 5,257,900 | 5,211,000 | 4,970,140 | 4,858,050 | 4,744,540 | 4,648,370 | 4,779,140 | 4,740,330 | 4,523,373 | 4,501,263 | 4,224,743 | 3,770,118 | 3,504,497 |
| Net profit margin | 13.34% | 11.37% | 8.66% | 8.27% | 6.55% | 8.06% | 12.88% | 15.35% | 18.64% | 20.76% | 18.79% | 18.67% | 17.95% | 19.56% | 20.17% | 18.91% | 18.03% | 13.26% | 9.65% | 9.48% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $721,000K ÷ $5,406,000K
= 13.34%
The net profit margin of Nexstar Broadcasting Group Inc has shown fluctuations over the period under review. The trend indicates an increasing profitability performance from March 2020 to June 2021, where the net profit margin improved from 9.48% to 20.17%. Subsequently, there was a slight decrease in the net profit margin, which stabilized around 18% levels in the following quarters until September 2022.
Notably, there was a significant peak in the net profit margin in September 2022, reaching 20.76%. However, there was a subsequent decline in profitability performance, with the net profit margin dropping to 6.55% by the end of December 2023. This decrease continued into the first half of 2024, with the net profit margin ranging between 6.55% and 13.34%.
Overall, the analysis of Nexstar Broadcasting Group Inc's net profit margin indicates a mixed performance with periods of both growth and decline. It is essential for the company to monitor and address the factors influencing profitability to sustain a consistent and healthy net profit margin in the future.
Peer comparison
Dec 31, 2024