The historical rank and industry rank for Nexstar Media Group's Gross Margin % or its related term are showing as below:
NXST'
s Gross Margin % Range Over the Past 10 Years
Min: 55.63 Med: 59.77 Max: 66.28
Current: 58.48
During the past 13 years, the highestGross Margin % of Nexstar Media Group was 66.28%. The lowest was 55.63%. And the median was 59.77%.
NXST's Gross Margin % is ranked better than 73.6% of 966
companies
in the Media - Diversified industry
Industry Median: 38.98
vs NXST: 58.48
Nexstar Media Group had a gross margin of 55.35% for the quarter that ended in Mar. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nexstar Media Group was 0.10% per year.
Nexstar Media Group Gross Margin % Historical Data
The historical data trend for Nexstar Media Group's Gross Margin % 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.
Competitive Comparison of Nexstar Media Group's Gross Margin %
For the Broadcasting subindustry, Nexstar Media Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nexstar Media Group's Gross Margin % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Nexstar Media Group (NAS:NXST) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Nexstar Media Group had a gross margin of 55.35% for the quarter that ended in Mar. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Nexstar Media Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of Nexstar Media Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: 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 maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NXST has been successfully added to your 