Nexstar Media Group, Inc. (BIT:1NXST)

Nexstar Media Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,357	5,407	4,933	5,211	4,648	4,501
Revenue Growth (YoY)	8.00%	9.61%	-5.33%	12.11%	3.26%	48.10%
Cost of Revenue	2,195	2,192	2,125	1,977	1,835	1,696
Gross Profit	3,162	3,215	2,808	3,234	2,813	2,805
Selling, General & Admin	1,074	1,090	1,077	1,050	970	890.5
Other Operating Expenses	-	-2	-2	1	-25	-60.8
Operating Expenses	1,897	1,896	2,016	1,713	1,534	1,395
Operating Income	1,265	1,319	792	1,521	1,279	1,411
Interest Expense	-427	-444	-447	-337	-283	-335.3
Earnings From Equity Investments	59	70	104	153	125	70.2
Other Non Operating Income (Expenses)	-4	-2	-	-10	-2	-1
EBT Excluding Unusual Items	893	943	449	1,327	1,119	1,145
Merger & Restructuring Charges	-	-	-13	-33	-	-
Impairment of Goodwill	-24	-24	-19	-91	-	-
Gain (Loss) on Sale of Investments	-	40	-	-	-	-
Asset Writedown	-	-	-16	-42	-23	-
Other Unusual Items	-	-	-	56	-3	-39.9
Pretax Income	869	959	401	1,217	1,093	1,105
Income Tax Expense	256	276	131	274	263	296.5
Earnings From Continuing Operations	613	683	270	943	830	808.1
Minority Interest in Earnings	42	39	76	28	4	3.4
Net Income	655	722	346	971	834	811.5
Preferred Dividends & Other Adjustments	24	20	-	-	-	-
Net Income to Common	631	702	346	971	834	811.5
Net Income Growth	59.76%	108.67%	-64.37%	16.43%	2.77%	252.43%
Shares Outstanding (Basic)	32	32	35	39	42	45
Shares Outstanding (Diluted)	32	33	36	40	44	47
Shares Change (YoY)	-8.45%	-8.48%	-10.83%	-8.63%	-5.86%	-2.51%
EPS (Basic)	19.98	21.73	9.80	24.68	19.79	18.07
EPS (Diluted)	19.70	21.41	9.64	24.16	18.98	17.37
EPS Growth	68.15%	122.09%	-60.10%	27.29%	9.27%	261.88%
Free Cash Flow	1,175	1,105	850	1,246	1,064	1,037
Free Cash Flow Per Share	36.69	33.69	23.72	31.00	24.19	22.20
Dividend Per Share	6.930	6.760	5.400	3.600	2.800	2.240
Dividend Growth	20.73%	25.19%	50.00%	28.57%	25.00%	24.44%
Gross Margin	59.03%	59.46%	56.92%	62.06%	60.52%	62.32%
Operating Margin	23.61%	24.39%	16.05%	29.19%	27.52%	31.34%
Profit Margin	11.78%	12.98%	7.01%	18.63%	17.94%	18.03%
Free Cash Flow Margin	21.93%	20.44%	17.23%	23.91%	22.89%	23.04%
EBITDA	1,745	1,803	1,280	1,990	1,747	1,838
EBITDA Margin	32.57%	33.35%	25.95%	38.19%	37.59%	40.83%
D&A For EBITDA	480	484	488	469	468	427.4
EBIT	1,265	1,319	792	1,521	1,279	1,411
EBIT Margin	23.61%	24.39%	16.05%	29.19%	27.52%	31.34%
Effective Tax Rate	29.46%	28.78%	32.67%	22.51%	24.06%	26.84%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.