Nexstar Broadcasting Group Inc (NXST)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 11.83% | 14.72% | 18.99% | 20.81% | 24.74% | 22.07% | 22.10% | 22.59% | 22.88% | 48.35% | 49.52% | 49.13% | 49.27% | 45.69% | 43.60% | 45.67% | 46.87% | 40.77% | 45.72% | 46.88% |
| Operating profit margin | 15.78% | 16.48% | 21.34% | 24.34% | 26.95% | 28.82% | 27.69% | 27.34% | 26.94% | 30.24% | 32.27% | 31.85% | 32.72% | 28.05% | 24.50% | 24.84% | 22.32% | 25.50% | 28.57% | 29.42% |
| Pretax margin | 10.63% | 12.52% | 19.12% | 22.41% | 25.55% | 27.97% | 25.59% | 25.58% | 25.15% | 27.60% | 28.56% | 26.96% | 26.36% | 19.91% | 15.59% | 15.42% | 12.51% | 15.62% | 19.75% | 20.70% |
| Net profit margin | 7.71% | 9.30% | 14.44% | 17.01% | 19.93% | 22.13% | 19.97% | 19.86% | 19.13% | 20.47% | 21.31% | 20.10% | 19.31% | 14.27% | 10.14% | 9.91% | 7.84% | 10.26% | 14.48% | 15.20% |
Over the past eight quarters, Nexstar Media Group Inc has shown a decreasing trend in its profitability ratios. The gross profit margin has declined from 61.53% in Q4 2022 to 56.36% in Q4 2023, indicating a decrease in the percentage of revenue retained after accounting for the cost of goods sold.
Similarly, the operating profit margin has also decreased from 27.68% in Q4 2022 to 15.06% in Q4 2023, suggesting a decline in the company's ability to generate profits from its core operations. This trend is also evident in the pretax margin, which decreased from 23.36% in Q4 2022 to 8.13% in Q4 2023, indicating a decrease in profitability before accounting for taxes.
Finally, the net profit margin has shown a decreasing trend from 18.64% in Q4 2022 to 7.01% in Q4 2023, reflecting a declining profitability after accounting for all expenses and taxes. Overall, the declining trend in profitability ratios may indicate challenges in managing costs, declining revenues, or other operational inefficiencies that require attention from management.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.86% | 6.40% | 8.39% | 9.53% | 10.36% | 10.26% | 9.80% | 9.32% | 8.86% | 10.40% | 10.89% | 10.15% | 10.26% | 8.29% | 6.49% | 6.14% | 4.68% | 4.76% | 10.56% | 5.48% |
| Return on assets (ROA) | 2.86% | 3.61% | 5.68% | 6.66% | 7.66% | 7.88% | 7.07% | 6.77% | 6.29% | 7.04% | 7.19% | 6.41% | 6.05% | 4.22% | 2.69% | 2.45% | 1.65% | 1.92% | 5.35% | 2.83% |
| Return on total capital | 7.86% | 8.50% | 11.09% | 12.61% | 13.72% | 13.47% | 12.68% | 12.05% | 11.50% | 13.64% | 14.19% | 13.36% | 13.53% | 10.91% | 8.66% | 8.26% | 6.29% | 6.50% | 13.18% | 13.50% |
| Return on equity (ROE) | 15.05% | 18.66% | 27.49% | 31.63% | 35.43% | 35.27% | 31.80% | 30.37% | 29.28% | 35.70% | 36.62% | 33.23% | 32.22% | 25.08% | 16.69% | 15.87% | 11.33% | 14.01% | 19.37% | 21.00% |
Nexstar Media Group Inc's profitability ratios show a generally positive trend over the past eight quarters. The Operating ROA has been consistently above 6%, indicating that the company is generating profits from its operations efficiently. The ROA has also been steadily increasing, showcasing the company's ability to generate profits relative to its total assets.
The Return on Total Capital and ROE ratios have shown an upward trend, with impressive numbers indicating that the company is effectively utilizing its capital and generating strong returns for its equity holders.
Overall, Nexstar Media Group Inc's profitability ratios demonstrate a healthy financial performance with consistent growth and efficiency in generating profits from its assets and capital. However, it is important for investors and stakeholders to monitor these ratios over time to assess the company's ongoing financial health and performance.