Nexstar Broadcasting Group Inc (NXST)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	1,268,000	708,000	1,312,100	1,175,390	1,375,400
Revenue	US$ in thousands	5,407,000	4,933,000	5,211,000	4,648,370	4,501,270
Operating profit margin		23.45%	14.35%	25.18%	25.29%	30.56%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,268,000K ÷ $5,407,000K
= 23.45%

The operating profit margin of Nexstar Broadcasting Group Inc has shown some fluctuations over the past five years. In December 2020, the operating profit margin was at a healthy 30.56%, indicating that the company was efficiently generating profits from its core operations. However, by December 2021, the margin had decreased to 25.29%, suggesting a slight decline in operational efficiency.

This downward trend continued into December 2022, with the operating profit margin dropping to 25.18%. This may indicate potential challenges or inefficiencies in managing operating expenses relative to revenue during that period. By December 2023, the margin significantly decreased to 14.35%, signaling a notable decline in profitability from operations.

However, there was a positive turnaround by December 2024, as the operating profit margin improved to 23.45%. This improvement may indicate that Nexstar Broadcasting Group Inc implemented strategic measures to enhance operational efficiency and profitability in the most recent period.

Overall, the analysis of Nexstar Broadcasting Group Inc's operating profit margin reveals varying levels of operational efficiency and profitability over the five-year period, with a notable decline in 2023 but a partial recovery in 2024.