Nexstar Operating Income from 2010 to 2024
| NXST Stock | USD 160.81 0.61 0.38% |
Operating Income | First Reported 2001-12-31 | Previous Quarter 265 M | Current Value 275 M | Quarterly Volatility 122.7 M |
Check Nexstar Broadcasting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexstar main balance sheet or income statement drivers, such as Depreciation And Amortization of 988 M, Interest Expense of 469.4 M or Total Revenue of 5.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0362 or PTB Ratio of 2.29. Nexstar financial statements analysis is a perfect complement when working with Nexstar Broadcasting Valuation or Volatility modules.
Nexstar | Operating Income |
Latest Nexstar Broadcasting's Operating Income Growth Pattern
Below is the plot of the Operating Income of Nexstar Broadcasting Group over the last few years. Operating Income is the amount of profit realized from Nexstar Broadcasting operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nexstar Broadcasting Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Nexstar Broadcasting's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexstar Broadcasting's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Nexstar Operating Income Regression Statistics
| Arithmetic Mean | 548,743,200 | |
| Coefficient Of Variation | 85.60 | |
| Mean Deviation | 394,366,213 | |
| Median | 518,745,000 | |
| Standard Deviation | 469,748,163 | |
| Sample Variance | 220663.3T | |
| Range | 1.4B | |
| R-Value | 0.85 | |
| Mean Square Error | 66126T | |
| R-Squared | 0.72 | |
| Significance | 0.000061 | |
| Slope | 89,235,821 | |
| Total Sum of Squares | 3089286.7T |
Nexstar Operating Income History
Other Fundumenentals of Nexstar Broadcasting
Nexstar Broadcasting Operating Income component correlations
Click cells to compare fundamentals
About Nexstar Broadcasting Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Nexstar Broadcasting income statement, its balance sheet, and the statement of cash flows. Nexstar Broadcasting investors use historical funamental indicators, such as Nexstar Broadcasting's Operating Income, to determine how well the company is positioned to perform in the future. Although Nexstar Broadcasting investors may use each financial statement separately, they are all related. The changes in Nexstar Broadcasting's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nexstar Broadcasting's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nexstar Broadcasting Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nexstar Broadcasting. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | 743 M | 780.1 M | |
| Non Operating Income Net Other | 137.6 M | 144.5 M |
Pair Trading with Nexstar Broadcasting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexstar Broadcasting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexstar Broadcasting will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nexstar Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexstar Broadcasting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexstar Broadcasting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexstar Broadcasting Group to buy it.
The correlation of Nexstar Broadcasting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexstar Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexstar Broadcasting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexstar Broadcasting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Nexstar Broadcasting Correlation against competitors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Nexstar Stock analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.
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Is Nexstar Broadcasting's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexstar Broadcasting. If investors know Nexstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexstar Broadcasting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.737 | Dividend Share 5.74 | Earnings Share 11.83 | Revenue Per Share 143.769 | Quarterly Revenue Growth 0.021 |
The market value of Nexstar Broadcasting is measured differently than its book value, which is the value of Nexstar that is recorded on the company's balance sheet. Investors also form their own opinion of Nexstar Broadcasting's value that differs from its market value or its book value, called intrinsic value, which is Nexstar Broadcasting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexstar Broadcasting's market value can be influenced by many factors that don't directly affect Nexstar Broadcasting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexstar Broadcasting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexstar Broadcasting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexstar Broadcasting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.