• Nexstar Media average return on assets for 2023 was 4.59, a 36.69% decline from 2022.
• Nexstar Media average return on assets for 2022 was 7.25, a 8.05% decline from 2021.
• Nexstar Media average return on assets for 2021 was 6.71, a 72.49% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.