Nexstar Media (NXST) Operating Margin (2011 - 2026)
Nexstar Media's (NXST) quarterly Operating Margin came in at 18.98% in Q1 2026, up 115.0% YoY from 8.83% in Q1 2025, and up 1.11% on a QoQ basis from 18.77% in Q4 2025.
Nexstar Media (NXST) Operating Margin (2011 - 2026) Analysis & Trends
Nexstar Media (NXST) has 16 years of Operating Margin data on file, last reported at 18.98% in Q1 2026.
- Quarterly Operating Margin rose 115.0% year-over-year to 18.98% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.51% (down 512.0% YoY) and the FY2025 annual result came in at 17.15%, down 630.0% from the prior year.
- Operating Margin climbed to 18.98% in Q1 2026, from 18.77% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 28.05% in Q3 2022 to a low of 8.3% in Q3 2023.
- A 5-year average of 19.94% and a median of 18.91% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin slumped 1975 bps — and 2024, when it surged 1622 bps.
- Tracing NXST's Operating Margin over 5 years: stood at 19.77% in 2022, then retreated by 10 bps to 17.71% in 2023, then surged by 58 bps to 28.04% in 2024, then slumped by 33 bps to 18.77% in 2025, then gained by 1 bps to 18.98% in 2026.
- The last three Operating Margin figures came in at 18.98% (Q1 2026), 18.77% (Q4 2025), and 14.61% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.77 Bn | 5.55 Bn | 1.06 Bn | 18.16% |
| 2 | Newsmax | 1.40 Bn | 1.36 Bn | 23.33 Mn | 2.41% |
| 3 | Gray Media | 487.06 Mn | 311.06 Mn | 270.00 Mn | 16.21% |
| 4 | iHeartMedia | 461.14 Mn | 286.69 Mn | 576.68 Mn | 3.63% |
| 5 | E.W. Scripps | 308.04 Mn | 295.00 Mn | 196.33 Mn | -236.04% |
| 6 | FuboTV | 305.90 Mn | -146.51 Mn | 399.10 Mn | 8.32% |
| 7 | CuriosityStream | 173.13 Mn | 124.73 Mn | 16.93 Mn | 39.49% |
| 8 | Mediaco Holding | 72.29 Mn | 70.48 Mn | -1.26 Mn | -14.39% |
| 9 | Saga Communications | 57.45 Mn | 29.60 Mn | 20.50 Mn | 2.36% |
| 10 | Beasley Broadcast | 37.71 Mn | 31.02 Mn | - | 3.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.16% |
| Mar 31, 2026 | 18.98% |
| Dec 31, 2025 | 18.77% |
| Sep 30, 2025 | 14.61% |
| Jun 30, 2025 | 17.33% |
| Mar 31, 2025 | 17.83% |
| Dec 31, 2024 | 28.04% |
| Sep 30, 2024 | 24.52% |
| Jun 30, 2024 | 18.91% |
| Mar 31, 2024 | 21.42% |
| Dec 31, 2023 | 17.71% |
| Sep 30, 2023 | 8.30% |
| Jun 30, 2023 | 14.44% |
| Mar 31, 2023 | 16.23% |
| Dec 31, 2022 | 19.77% |
| Sep 30, 2022 | 28.05% |
| Jun 30, 2022 | 26.83% |
| Mar 31, 2022 | 27.19% |
| Dec 31, 2021 | 26.05% |
| Sep 30, 2021 | 23.98% |