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
Company name
Symbol
Pretax margin
Nexstar Broadcasting Group Inc
NXST
17.74%
Fox Corp Class A
FOXA
14.66%
Fox Corp Class B
FOX
14.66%
Paramount Global Class B
PARA
-21.14%
Tegna Inc
TGNA
24.92%