Nexstar Broadcasting Group Inc (NXST)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 958,000 | 768,000 | 538,000 | 499,000 | 401,000 | 499,700 | 855,100 | 1,043,200 | 1,217,100 | 1,300,268 | 1,165,878 | 1,138,295 | 1,093,314 | 1,256,939 | 1,276,419 | 1,141,449 | 1,104,568 | 780,358 | 560,197 | 522,031 |
| 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 |
| Pretax margin | 17.72% | 14.70% | 10.78% | 10.06% | 8.13% | 9.77% | 16.28% | 19.84% | 23.36% | 26.16% | 24.00% | 23.99% | 23.52% | 26.30% | 26.93% | 25.23% | 24.54% | 18.47% | 14.86% | 14.90% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $958,000K ÷ $5,406,000K
= 17.72%
The pretax margin of Nexstar Broadcasting Group Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. It started at 14.90% in March 2020 and remained relatively stable around the mid-teens until December 2020 when it saw a notable increase to 24.54%. The margin continued to improve in the following quarters, peaking at 26.93% in June 2021.
However, there was a slight decrease in the pretax margin in the subsequent quarters, dropping to 23.52% by December 2021. The margin then fluctuated around the low to mid-20% range, with minor oscillations until September 2022, when it reached 26.16%. This was followed by a decline to 19.84% by March 2023.
The pretax margin experienced a significant drop to 9.77% in September 2023 and continued to decline to 8.13% by December 2023. However, there was a slight recovery to 10.06% by March 2024. The margin continued to increase in the subsequent quarters, reaching 17.72% by December 2024.
Overall, the pretax margin of Nexstar Broadcasting Group Inc has shown variability over the period under review, with both peaks and troughs. It is important for stakeholders to closely monitor these fluctuations to assess the company's profitability and operational efficiency.
Peer comparison
Dec 31, 2024