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