Growth Metrics

Nexstar Media (NXST) Operating Margin (2016 - 2025)

Nexstar Media's Operating Margin history spans 15 years, with the latest figure at 18.77% for Q4 2025.

  • For Q4 2025, Operating Margin rose 6249.0% year-over-year to 18.77%; the TTM value through Dec 2025 reached 17.17%, up 1347.0%, while the annual FY2025 figure was 17.15%, 1344.0% up from the prior year.
  • Operating Margin reached 18.77% in Q4 2025 per NXST's latest filing, up from 14.61% 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 43.71% in Q4 2024.
  • Average Operating Margin over 5 years is 15.07%, with a median of 19.34% recorded in 2022.
  • Peak YoY movement for Operating Margin: plummeted -4991bps in 2023, then soared 6249bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 26.05% in 2021, then dropped by -24bps to 19.77% in 2022, then crashed by -252bps to 30.14% in 2023, then tumbled by -45bps to 43.71% in 2024, then surged by 143bps to 18.77% in 2025.
  • Per Business Quant, the three most recent readings for NXST's Operating Margin are 18.77% (Q4 2025), 14.61% (Q3 2025), and 17.33% (Q2 2025).