Nexstar Media GroupNXST +6.07%85 Pretax Margin % is 10.96% as of Mar. 2026, which is 34% below its 10-year median of 16.61. GuruFocus rates NXST with a GF Score™ of 85/100 and a GF Value™ of $220.11 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,023 Media - Diversified companies, Nexstar Media Group ranks better than 54.15% on this metric.
The historical rank and industry rank for Nexstar Media Group's Pretax Margin % or its related term are showing as below:
NXST'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.03 Med: 16.61 Max: 24.54
Current: 3.23
NXST's Pretax Margin % is ranked better than 54.15% of 1023
companies
in the Media - Diversified industry
Industry Median: 2.01
vs NXST: 3.23
Nexstar Media Group (NAS:NXST) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Nexstar Media Group Pretax Margin % Related Terms
Nexstar Media Group Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nexstar Media Group's Pretax 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.
NXST vs NMAX, SBGI, IHRT: Pretax Margin % Comparison
For the Broadcasting subindustry, Nexstar Media Group's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Pretax 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.
Nexstar Media Group (NXST) has a Pretax Margin % of 10.96% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nexstar Media Group and its competitors. This is 34% below median its historical median of 16.61. Over the past decade, Nexstar Media Group's Pretax Margin % has ranged from 3.03 to 24.54. According to the industry distribution chart, Nexstar Media Group ranks #469 out of 1023 companies in the Media - Diversified industry, placing it in the top 45.8%.
Is Nexstar Media Group's Pretax Margin % too high?
Nexstar Media Group's current Pretax Margin % of 10.96% is 34% below median its 10-year median of 16.61. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 24.54. The Media - Diversified industry median Pretax Margin % is 2.01. Nexstar Media Group's value of 10.96% is 445.3% above this industry median. Based on the distribution chart, Nexstar Media Group ranks #469 out of 1023 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nexstar Media Group has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's Pretax Margin % compare to NMAX and SBGI?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #469 out of 1023 companies for Pretax Margin %. This puts Nexstar Media Group in the upper half of its industry. The industry median Pretax Margin % is 2.01. Nexstar Media Group's value of 10.96% is 445.3% above this benchmark. Historically, Nexstar Media Group's own Pretax Margin % has ranged from 3.03 to 24.54 over the past decade. While the company's 10-year median is 16.61 vs. the industry median of 2.01, Nexstar Media Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Media - Diversified company?
The median Pretax Margin % among Media - Diversified companies is 2.01, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexstar Media Group's current Pretax Margin % of 10.96% is 445.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nexstar Media Group and its competitors. For the Media - Diversified industry, the median Pretax Margin % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current Pretax Margin % is 10.96%, which is 34% below median its own 10-year median of 16.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstar Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nexstar Media Group (NXST) is currently considered Modestly Undervalued. The stock's GF Value™ is $220.11, compared to a current price of $164.03 — trading 25.5% below its estimated fair value. The current Pretax Margin % is 10.96%, which is 34% below median its 10-year median of 16.61 and 445.3% above the Media - Diversified industry median of 2.01. Nexstar Media Group's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current Pretax Margin % is 10.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nexstar Media Group (NXST) Overvalued in 2026?
Based on GuruFocus' analysis, Nexstar Media Group stock appears to be undervalued.
The current stock price of $164.03 is trading 25.5% below its estimated GF Value™ of $220.11.
GuruFocus considers Nexstar Media Group to be Modestly Undervalued.
Key valuation signals for NXST:
Pretax Margin %: 10.96% (34% below median its 10-year median of 16.61)
GF Value™: $220.11 vs. price of $164.03 (25.5% below fair value)
Industry Position: 445.3% above the Media - Diversified median (#469 of 1023)
No single metric tells the full story. See the NXST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. 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.
85GF Score
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