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Nexstar Media Group (Nexstar Media Group) Retained Earnings : $3,188 Mil (As of Dec. 2023)


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What is Nexstar Media Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nexstar Media Group's retained earnings for the quarter that ended in Dec. 2023 was $3,188 Mil.

Nexstar Media Group's quarterly retained earnings declined from Jun. 2023 ($3,142 Mil) to Sep. 2023 ($3,120 Mil) but then increased from Sep. 2023 ($3,120 Mil) to Dec. 2023 ($3,188 Mil).

Nexstar Media Group's annual retained earnings increased from Dec. 2021 ($2,204 Mil) to Dec. 2022 ($3,033 Mil) and increased from Dec. 2022 ($3,033 Mil) to Dec. 2023 ($3,188 Mil).


Nexstar Media Group Retained Earnings Historical Data

The historical data trend for Nexstar Media Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nexstar Media Group Retained Earnings Chart

Nexstar Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 778.83 1,488.03 2,204.20 3,033.00 3,188.00

Nexstar Media Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,033.00 3,094.00 3,142.00 3,120.00 3,188.00

Nexstar Media Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Nexstar Media Group  (NAS:NXST) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Nexstar Media Group (Nexstar Media Group) Business Description

Traded in Other Exchanges
Address
545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
Executives
Blake Russell officer: Vice President, Marketing 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Thomas Carter officer: Senior Advisor 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
D Geoffrey Armstrong director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Gary Weitman officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Dana Zimmer officer: President, Distribution 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Sean Compton officer: President, Networks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Jay M. Grossman director C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199
Michael Biard officer: President & COO C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Lee Ann Gliha officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Perry A Sook director, officer: Chief Executive Officer 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Royce A. Wells director C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Rachel Morgan officer: EVP General Counsel 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Andrew Alford officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Brett Jenkins officer: Chief Technology Officer C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062