Nexstar Media Group, Inc. (NXST)

Nexstar Media Group Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	4,933	5,211	4,648	4,501	3,039
Revenue Growth (YoY)	-5.33%	12.11%	3.26%	48.10%	9.85%
Cost of Revenue	2,153	2,005	1,862	1,721	1,349
Gross Profit	2,780	3,206	2,786	2,781	1,691
Selling, General & Admin	1,096	1,102	1,024	912.1	729.98
Other Operating Expenses	976	792	587	493.3	305.58
Operating Expenses	2,072	1,894	1,611	1,405	1,036
Operating Income	708	1,312	1,175	1,375	655.13
Interest Expense / Income	447	337	283	335.3	304.35
Other Expense / Income	-216	-270	-205	-67.9	-16.5
Pretax Income	477	1,245	1,097	1,108	367.29
Income Tax	131	274	263	296.5	137.03
Net Income	346	971	834	811.5	230.26
Net Income Growth	-64.37%	16.43%	2.77%	252.43%	-40.88%
Shares Outstanding (Basic)	35	39	42	45	46
Shares Outstanding (Diluted)	36	40	44	47	48
Shares Change	-10.83%	-8.63%	-5.86%	-2.51%	1.08%
EPS (Basic)	9.78	24.68	19.81	18.06	5.01
EPS (Diluted)	9.64	24.16	18.98	17.37	4.80
EPS Growth	-60.10%	27.29%	9.27%	261.88%	-41.53%
Free Cash Flow	860	1,256	1,077	1,037	219.96
Free Cash Flow Per Share	24.35	31.92	25.56	23.09	4.78
Dividend Per Share	5.400	3.600	2.800	2.240	1.800
Dividend Growth	50.00%	28.57%	25.00%	24.44%	20.00%
Gross Margin	56.36%	61.52%	59.94%	61.78%	55.63%
Operating Margin	14.35%	25.18%	25.28%	30.56%	21.56%
Profit Margin	7.01%	18.63%	17.94%	18.03%	7.58%
Free Cash Flow Margin	17.43%	24.10%	23.17%	23.04%	7.24%
Effective Tax Rate	27.46%	22.01%	23.97%	26.76%	37.31%
EBITDA	1,865	2,244	1,969	2,008	1,080
EBITDA Margin	37.81%	43.06%	42.36%	44.61%	35.55%
Depreciation & Amortization	941	662	589	564.9	408.71
EBIT	924	1,582	1,380	1,443	671.64
EBIT Margin	18.73%	30.36%	29.69%	32.06%	22.10%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).