Nexstar Media (NXST) Operating Margin (2011 - 2026)
Nexstar Media's Operating Margin came in at 18.16% for Q2 2026, up 0.83 percentage points from 17.33% a year earlier but down 0.82 percentage points from the prior quarter.
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Analysis
Nexstar Media (NXST) Operating Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nexstar Media reported Operating Margin of 17.77%, down 4.52 percentage points year-over-year; for FY2025, it was 17.15%, down 6.30 percentage points from FY2024.
- Operating Margin carries a five-year change of -13.40 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 23.45% in FY2024 (+9.10 pp), 14.35% in FY2023 (-10.83 pp), 25.18% in FY2022 (-0.10 pp) and 25.28% in FY2021 (-5.28 pp).
- The five-year range for quarterly Operating Margin is 8.30% (Q3 2023) to 28.05% (Q3 2022).
- Year-over-year, Operating Margin increased in four of the last eight quarters, with an average year-over-year change of +0.52 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2024 (a gain of 16.22 percentage points), and the weakest in Q3 2023 (a drop of 19.75 percentage points).
- Business Quant data shows NXST's Operating Margin at 18.98% (Q1 2026), 18.77% (Q4 2025) and 14.61% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | 2.72% |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - | - |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn | 14.06% |
| 4 | News | 15.94 Bn | 8.14 Bn | - | - |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 15.48% |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn | 21.85% |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - | - |
| 10 | Nexstar Media | 4.98 Bn | 3.78 Bn | 1.06 Bn | 18.16% |
Historic Data
Download Data
Historic 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% |
API Access
Nexstar Media Operating 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=operating-margin&ticker=NXST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();