• Nexstar Media average pre-tax profit margin for 2023 was 13.5%, a 44.63% decline from 2022.
• Nexstar Media average pre-tax profit margin for 2022 was 24.38%, a 4.43% decline from 2021.
• Nexstar Media average pre-tax profit margin for 2021 was 25.51%, a 40.32% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.