Nexstar Broadcasting Group Inc (NXST)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 959,000 401,000 1,217,100 1,093,310 1,104,570
Revenue US$ in thousands 5,407,000 4,933,000 5,211,000 4,648,370 4,501,270
Pretax margin 17.74% 8.13% 23.36% 23.52% 24.54%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $959,000K ÷ $5,407,000K
= 17.74%

Nexstar Broadcasting Group Inc's pretax margin has shown some fluctuation over the years. Starting at 24.54% on December 31, 2020, the pretax margin declined slightly to 23.52% by December 31, 2021 and further to 23.36% by December 31, 2022. However, there was a significant drop to 8.13% by December 31, 2023, indicating a substantial decrease in profitability. Subsequently, the pretax margin recovered to 17.74% by December 31, 2024. Overall, while the company experienced some variability in its pretax margin, it managed to partly recover from a low point in 2023.


Peer comparison

Dec 31, 2024