Nexstar Media (NXST) Net Margin (2011 - 2026)
Nexstar Media's Net Margin came in at 6.02% for Q2 2026, down 1.87 percentage points from 7.89% a year earlier and down 5.73 percentage points from the prior quarter.
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Analysis
Nexstar Media (NXST) Net Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nexstar Media reported Net Margin of 3.20%, down 8.73 percentage points year-over-year; for FY2025, it came in at 1.86%, down 11.12 percentage points from FY2024.
- Net Margin carries a five-year change of -16.17 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 12.98% in FY2024 (+5.97 pp), 7.01% in FY2023 (-11.62 pp), 18.63% in FY2022 (+0.69 pp) and 17.94% in FY2021 (-0.08 pp).
- The five-year range for quarterly Net Margin is -12.88% (Q4 2025) to 22.77% (Q3 2022).
- Year-over-year, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -2.89 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2024 (a gain of 11.48 percentage points), and the weakest in Q4 2025 (a drop of 29.15 percentage points).
- Business Quant data shows NXST's Net Margin at 11.75% (Q1 2026), -12.88% (Q4 2025) and 5.84% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.50 Bn | 63.16 Bn | 4.10 Bn | 1.71% |
| 2 | Fox | 27.18 Bn | 13.09 Bn | - | 16.41% |
| 3 | Omnicom | 20.60 Bn | 3.30 Bn | 1.30 Bn | 8.91% |
| 4 | News | 16.19 Bn | 8.39 Bn | - | 7.66% |
| 5 | Paramount Skydance | 11.39 Bn | 9.31 Bn | - | - |
| 6 | New York Times | 10.30 Bn | 7.79 Bn | 394.61 Mn | 12.25% |
| 7 | Pearson | 10.14 Bn | 7.28 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.74 Bn | 8.32 Bn | 1.44 Bn | 11.06% |
| 9 | 36Kr Holdings | 6.25 Bn | 6.19 Bn | - | - |
| 10 | Nexstar Media | 4.98 Bn | 3.79 Bn | 1.06 Bn | 6.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.02% |
| Mar 31, 2026 | 11.75% |
| Dec 31, 2025 | -12.88% |
| Sep 30, 2025 | 5.84% |
| Jun 30, 2025 | 7.89% |
| Mar 31, 2025 | 8.75% |
| Dec 31, 2024 | 16.27% |
| Sep 30, 2024 | 13.69% |
| Jun 30, 2024 | 9.30% |
| Mar 31, 2024 | 13.63% |
| Dec 31, 2023 | 8.74% |
| Sep 30, 2023 | 2.21% |
| Jun 30, 2023 | 7.74% |
| Mar 31, 2023 | 8.83% |
| Dec 31, 2022 | 13.65% |
| Sep 30, 2022 | 22.77% |
| Jun 30, 2022 | 18.23% |
| Mar 31, 2022 | 20.83% |
| Dec 31, 2021 | 21.15% |
| Sep 30, 2021 | 14.66% |
API Access
Nexstar Media Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NXST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NXST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();