NEXSTAR MEDIA GROUP, INC. Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Nexstar Media Group, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Nexstar Media Group, Inc. Operating Margin for the quarter ending June 30, 2024 was 16.8 %, a 14.3% decline year-over-year.
  • Nexstar Media Group, Inc. annual Operating Margin for 2023 was 14.4 %, a 43% decline from 2022.
  • Nexstar Media Group, Inc. annual Operating Margin for 2022 was 25.2 %, a 0.4% decline from 2021.
  • Nexstar Media Group, Inc. annual Operating Margin for 2021 was 25.3 %, a 17.3% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 14.4 -10.8 -43% Jan 1, 2023 Dec 31, 2023
2022 25.2 -0.1 -0.4% Jan 1, 2022 Dec 31, 2022
2021 25.3 -5.28 -17.3% Jan 1, 2021 Dec 31, 2021
2020 30.6 +9 +41.8% Jan 1, 2020 Dec 31, 2020
2019 21.6 -5.83 -21.3% Jan 1, 2019 Dec 31, 2019
2018 27.4 +6.6 +31.7% Jan 1, 2018 Dec 31, 2018
2017 20.8 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.