Nexstar Media (NXST) Operating Margin (2011 - 2026)

Nexstar Media's Operating Margin history runs 16 years deep, the most recent figure standing at 18.98% for 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 was 18.98% for Q1 2026 at Nexstar Media, up from 18.77% in the prior quarter.
• Across five years, Operating Margin topped out at 28.05% in Q3 2022 and bottomed at 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 sank 1975 bps — and 2024, when it surged 1622 bps.
• Nexstar Media's Operating Margin stood at 19.77% in 2022, then slipped by 10 bps to 17.71% in 2023, then jumped by 58 bps to 28.04% in 2024, then plunged by 33 bps to 18.77% in 2025, then climbed by 1 bps to 18.98% in 2026.
• Business Quant data shows NXST's Operating Margin at 18.98% in Q1 2026, 18.77% in Q4 2025, and 14.61% in Q3 2025.