Nexstar Media Group annual operating margin
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Nexstar Media Group Operating Margin Growth & History (NXST)
Nexstar Media Group's operating margin was 17.15% for fiscal 2025.
View full Nexstar Media Group company overviewNexstar Media Group annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.15% | −6.30 pp |
| 2024 | 2024-12-31 | 23.45% | +9.10 pp |
| 2023 | 2023-12-31 | 14.35% | −10.83 pp |
| 2022 | 2022-12-31 | 25.18% | −0.10 pp |
| 2021 | 2021-12-31 | 25.28% | −5.28 pp |
| 2020 | 2020-12-31 | 30.56% | +9.00 pp |
| 2019 | 2019-12-31 | 21.56% | −5.83 pp |
| 2018 | 2018-12-31 | 27.39% | +6.60 pp |
| 2017 | 2017-12-31 | 20.79% | −5.25 pp |
| 2016 | 2016-12-31 | 26.04% | +3.05 pp |
| 2015 | 2015-12-31 | 22.99% | −4.45 pp |
| 2014 | 2014-12-31 | 27.44% | +6.89 pp |
| 2013 | 2013-12-31 | 20.55% | −5.83 pp |
| 2012 | 2012-12-31 | 26.39% | +10.73 pp |
| 2011 | 2011-12-31 | 15.66% | −5.90 pp |
| 2010 | 2010-12-31 | 21.56% | — |
Nexstar Media Group quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.16% | +0.83 pp |
| Q1 2026 | 2026-03-31 | 18.98% | +1.15 pp |
| Q4 2025 | 2025-12-31 | 18.71% | −9.38 pp |
| Q3 2025 | 2025-09-30 | 14.61% | −9.92 pp |
| Q2 2025 | 2025-06-30 | 17.33% | −1.58 pp |
| Q1 2025 | 2025-03-31 | 17.83% | −3.59 pp |
| Q4 2024 | 2024-12-31 | 28.09% | +10.38 pp |
| Q3 2024 | 2024-09-30 | 24.52% | +16.22 pp |
| Q2 2024 | 2024-06-30 | 18.91% | +4.48 pp |
| Q1 2024 | 2024-03-31 | 21.42% | +5.19 pp |
| Q4 2023 | 2023-12-31 | 17.71% | −1.99 pp |
| Q3 2023 | 2023-09-30 | 8.30% | −19.75 pp |
| Q2 2023 | 2023-06-30 | 14.44% | −12.39 pp |
| Q1 2023 | 2023-03-31 | 16.23% | −10.96 pp |
| Q4 2022 | 2022-12-31 | 19.70% | −6.34 pp |
| Q3 2022 | 2022-09-30 | 28.05% | +4.08 pp |
| Q2 2022 | 2022-06-30 | 26.83% | +1.35 pp |
| Q1 2022 | 2022-03-31 | 27.19% | +1.61 pp |
| Q4 2021 | 2021-12-31 | 26.05% | −12.49 pp |
| Q3 2021 | 2021-09-30 | 23.98% | −6.75 pp |
| Q2 2021 | 2021-06-30 | 25.48% | +4.02 pp |
| Q1 2021 | 2021-03-31 | 25.58% | −2.36 pp |
| Q4 2020 | 2020-12-31 | 38.54% | +15.22 pp |
| Q3 2020 | 2020-09-30 | 30.73% | +12.40 pp |
| Q2 2020 | 2020-06-30 | 21.46% | −1.65 pp |
| Q1 2020 | 2020-03-31 | 27.94% | +7.66 pp |
| Q4 2019 | 2019-12-31 | 23.32% | −10.87 pp |
| Q3 2019 | 2019-09-30 | 18.33% | −9.51 pp |
| Q2 2019 | 2019-06-30 | 23.10% | −3.32 pp |
| Q1 2019 | 2019-03-31 | 20.28% | +1.16 pp |
| Q4 2018 | 2018-12-31 | 34.18% | +13.27 pp |
| Q3 2018 | 2018-09-30 | 27.83% | +7.26 pp |
| Q2 2018 | 2018-06-30 | 26.43% | +4.78 pp |
| Q1 2018 | 2018-03-31 | 19.11% | −0.79 pp |
| Q4 2017 | 2017-12-31 | 20.91% | −8.94 pp |
| Q3 2017 | 2017-09-30 | 20.58% | −5.87 pp |
| Q2 2017 | 2017-06-30 | 21.65% | −2.78 pp |
| Q1 2017 | 2017-03-31 | 19.90% | −2.76 pp |
| Q4 2016 | 2016-12-31 | 29.84% | +3.15 pp |
| Q3 2016 | 2016-09-30 | 26.44% | +4.78 pp |
| Q2 2016 | 2016-06-30 | 24.43% | +0.48 pp |
| Q1 2016 | 2016-03-31 | 22.66% | +3.87 pp |
| Q4 2015 | 2015-12-31 | 26.70% | −9.04 pp |
| Q3 2015 | 2015-09-30 | 21.66% | −4.77 pp |
| Q2 2015 | 2015-06-30 | 23.95% | +0.17 pp |
| Q1 2015 | 2015-03-31 | 18.79% | −1.91 pp |
| Q4 2014 | 2014-12-31 | 35.74% | +12.51 pp |
| Q3 2014 | 2014-09-30 | 26.43% | +6.44 pp |
| Q2 2014 | 2014-06-30 | 23.78% | +1.44 pp |
| Q1 2014 | 2014-03-31 | 20.70% | +4.82 pp |
| Q4 2013 | 2013-12-31 | 23.22% | −7.23 pp |
| Q3 2013 | 2013-09-30 | 20.00% | −6.19 pp |
| Q2 2013 | 2013-06-30 | 22.34% | −4.07 pp |
| Q1 2013 | 2013-03-31 | 15.88% | −5.05 pp |
| Q4 2012 | 2012-12-31 | 30.45% | +19.41 pp |
| Q3 2012 | 2012-09-30 | 26.19% | +9.07 pp |
| Q2 2012 | 2012-06-30 | 26.40% | — |
| Q1 2012 | 2012-03-31 | 20.93% | — |
| Q3 2011 | 2011-09-30 | 11.05% | — |
| Q2 2011 | 2011-06-30 | 17.12% | — |
Nexstar Media Group operating margin trends
Over the last five reported fiscal years, Nexstar Media Group's operating margin decreased from 30.56% to 17.15%, a change of −13.40 percentage points. The latest reported quarter, Q2 2026, shows 18.16%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nexstar Media Group filings at SEC.gov ↗