Nexstar Broadcasting Group Inc (NXST)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,266,000 | 1,115,000 | 874,000 | 813,000 | 742,000 | 957,500 | 1,218,800 | 1,373,200 | 1,498,600 | 1,342,866 | 1,264,945 | 1,219,873 | 1,175,393 | 1,381,158 | 1,447,376 | 1,355,301 | 1,375,396 | 1,101,363 | 879,381 | 833,072 |
| 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 |
| Operating profit margin | 23.42% | 21.35% | 17.52% | 16.39% | 15.04% | 18.72% | 23.20% | 26.12% | 28.76% | 27.02% | 26.04% | 25.71% | 25.29% | 28.90% | 30.53% | 29.96% | 30.56% | 26.07% | 23.33% | 23.77% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,266,000K ÷ $5,406,000K
= 23.42%
The operating profit margin of Nexstar Broadcasting Group Inc has shown fluctuations over the periods based on the provided data. It started at a relatively stable level in March 2020 at 23.77% and maintained a consistent range around the mid-20s until reaching a peak of 30.56% in December 2020. Subsequently, the margin showed some variation but generally remained above 25% until September 2021.
From there, the operating profit margin started to decline steadily, dropping to 15.04% by December 2023. This decline could indicate potential challenges faced by the company in managing operating expenses relative to revenue during this period. However, there was a slight recovery observed by June 2024, with the margin increasing to 17.52% and further improving to 23.42% by December 2024.
Overall, the trend indicates fluctuations in the operating profit margin of Nexstar Broadcasting Group Inc, with peaks and troughs reflecting changes in operational efficiency and profitability over the analyzed periods. Further analysis of the underlying factors impacting the operating profit margin during these periods would provide more insights into the company's financial performance.
Peer comparison
Dec 31, 2024