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Nexstar Media Group, Inc.

NXST

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
5,407
Cost of Revenue
2,221
Gross Profit
3,186
Gross Margin
58.9%
Operating Income
1,268
Operating Margin
23.5%
Net Income
722
Net Margin
13.4%
EPS (Basic)
$21.73
EPS (Diluted)
$21.41
EBITDA
2,211
EBITDA Margin
40.9%

2023

12/31/2023

Revenue
4,933
Cost of Revenue
2,125
Gross Profit
2,808
Gross Margin
56.9%
Operating Income
708
Operating Margin
14.4%
Net Income
346
Net Margin
7.0%
EPS (Basic)
$9.80
EPS (Diluted)
$9.66
EBITDA
1,789
EBITDA Margin
36.3%

2022

12/31/2022

Revenue
5,211
Cost of Revenue
2,005
Gross Profit
3,206
Gross Margin
61.5%
Operating Income
1,312
Operating Margin
25.2%
Net Income
971
Net Margin
18.6%
EPS (Basic)
$24.68
EPS (Diluted)
$24.16
EBITDA
2,216
EBITDA Margin
42.5%

2021

12/31/2021

Revenue
4,648
Cost of Revenue
1,862
Gross Profit
2,786
Gross Margin
59.9%
Operating Income
1,175
Operating Margin
25.3%
Net Income
834
Net Margin
17.9%
EPS (Basic)
$19.81
EPS (Diluted)
$18.98
EBITDA
1,965
EBITDA Margin
42.3%

2020

12/31/2020

Revenue
4,501
Cost of Revenue
1,721
Gross Profit
2,781
Gross Margin
61.8%
Operating Income
1,375
Operating Margin
30.6%
Net Income
812
Net Margin
18.0%
EPS (Basic)
$18.06
EPS (Diluted)
$17.37
EBITDA
2,005
EBITDA Margin
44.5%