8-K Announcements
6Material company update
May 7, 2026·SEC
Material company update
May 1, 2026·SEC
Material company update
Apr 2, 2026·SEC
Nexstar Media Group, Inc.(NXST)Earnings, Financials & Key Ratios
NXST•NASDAQ
$194.26
$5.89B mkt cap·64.8× P/E·Price updated May 7, 2026
AboutNexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.Show more
- Revenue$4.95B-8.5%
- EBITDA$1.65B-20.6%
- Net Income$109M-84.9%
- EPS (Diluted)3.00-86.0%
- Gross Margin38.98%-33.9%
- EBITDA Margin33.3%-13.3%
- Operating Margin17.44%-25.6%
- Net Margin2.2%-83.5%
- ROE5.03%-84.0%
- ROIC7.36%-29.4%
- Debt/Equity3.33+10.7%
- Interest Coverage1.40-55.8%
NXST Key Insights
Nexstar Media Group, Inc. (NXST) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 15.0% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 16.7%
- ✓Healthy dividend yield of 2.8%
- ✓Share count reduced 6.4% through buybacks
- ✓Healthy 5Y average net margin of 11.8%
✗Weaknesses
- ✗High debt to equity ratio of 3.3x
- ✗Profits declining 33.1% over 5 years
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NXST Price & Volume
Nexstar Media Group, Inc. (NXST) stock price & volume — 10-year historical chart
Loading chart...
NXST Growth Metrics
Nexstar Media Group, Inc. (NXST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years18.63%
5 Years1.91%
3 Years-1.7%
TTM-4.56%
Profit CAGR
10 Years3.44%
5 Years-33.07%
3 Years-51.76%
TTM-74.81%
EPS CAGR
10 Years2.17%
5 Years-29.62%
3 Years-50.11%
TTM-77.01%
Return on Capital
10 Years9.85%
5 Years9.24%
3 Years8.68%
Last Year8.23%
NXST Recent Earnings
Nexstar Media Group, Inc. (NXST) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 7, 2026EPS
$5.22
Est $4.43
+17.8%
Revenue
$1.4B
Est $1.3B
+9.1%
Q1 2026
Feb 26, 2026EPS
$4.30
Est $4.01
+7.2%
Revenue
$1.3B
Est $1.3B
+3.1%
Q4 2025
Nov 6, 2025EPS
$2.14
Est $2.62
-18.3%
Revenue
$1.2B
Est $1.2B
-4.2%
Q3 2025
Aug 7, 2025EPS
$3.06
Est $2.95
+3.7%
Revenue
$1.2B
Est $1.2B
+1.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $5.22vs $4.43+17.8% | $1.4Bvs $1.3B+9.1% |
| Q1 2026 | Feb 26, 2026 | $4.30vs $4.01+7.2% | $1.3Bvs $1.3B+3.1% |
| Q4 2025 | Nov 6, 2025 | $2.14vs $2.62-18.3% | $1.2Bvs $1.2B-4.2% |
| Q3 2025 | Aug 7, 2025 | $3.06vs $2.95+3.7% | $1.2Bvs $1.2B+1.4% |
Based on last 12 quarters of dataView full earnings history →
NXST Peer Comparison
Nexstar Media Group, Inc. (NXST) competitors in Broadcast and Local TV Stations — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GTN | 411.6M | 4.43 | -5.03 | -15.07% | -2.48% | -2.89% | 2.07 | |
 SSP | 552.36M | 4.68 | -2.50 | -14.31% | -4.69% | -7.89% | 2.19 | |
 SBGI | 991M | 14.18 | -8.81 | -10.68% | -3.53% | -34.28% | 12.21 | |
 TGNA | 3.23B | 20.03 | 14.95 | -12.57% | 8.07% | 7.05% | 0.82 | |
 FOX | 13.28B | 56.50 | 11.51 | 16.6% | 11.41% | 17% | 0.60 | |
 FOXA | 14.04B | 62.69 | 12.77 | 16.6% | 11.41% | 17% | 0.60 | |
 WBD | 67.98B | 27.12 | 93.52 | -5.15% | -5.79% | -5.92% | 0.88 | |
 CMCSA | 95.62B | 26.24 | 4.87 | -0.02% | 14.85% | 19.54% | 1.13 |
Compare NXST vs Peers
Nexstar Media Group, Inc. (NXST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NXST Income Statement
Nexstar Media Group, Inc. (NXST) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.43B | 2.77B | 3.04B | 4.5B | 4.65B | 5.21B | 4.93B | 5.41B | 4.95B | 5.11B |
| Revenue Growth % | 120.45% | 13.76% | 9.85% | 48.1% | 3.26% | 12.11% | -5.33% | 9.61% | -8.47% | -4.56% |
| Cost of Goods Sold | 1.04B | 1.12B | 1.35B | 1.72B | 1.86B | 2B | 2.13B | 2.22B | 3.02B | 2.07B |
| COGS % of Revenue | 42.6% | 40.41% | 44.37% | 38.22% | 40.06% | 38.48% | 43.08% | 41.08% | 61.02% | - |
| Gross Profit | 1.4B▲ 0% | 1.65B▲ 18.1% | 1.69B▲ 2.5% | 2.78B▲ 64.5% | 2.79B▲ 0.2% | 3.21B▲ 15.1% | 2.81B▼ 12.4% | 3.19B▲ 13.5% | 1.93B▼ 39.5% | 1.65B▲ 0% |
| Gross Margin % | 57.4% | 59.59% | 55.63% | 61.78% | 59.94% | 61.52% | 56.92% | 58.92% | 38.98% | 32.26% |
| Gross Profit Growth % | 103.36% | 18.1% | 2.54% | 64.48% | 0.19% | 15.08% | -12.41% | 13.46% | -39.45% | - |
| Operating Expenses | 915.05M | 900.47M | 1.04B | 1.41B | 1.61B | 1.89B | 2.1B | 1.92B | 1.07B | 2.14B |
| OpEx % of Revenue | 37.63% | 32.55% | 34.07% | 31.22% | 34.66% | 36.35% | 42.57% | 35.47% | 21.54% | - |
| Selling, General & Admin | 466.71M | 469.01M | 729.98M | 912.1M | 1.02B | 1.1B | 1.1B | 1.09B | 815M | 961M |
| SG&A % of Revenue | 19.19% | 16.95% | 24.02% | 20.26% | 22.03% | 21.07% | 22.22% | 20.12% | 16.47% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1.28M | 37.66M | 305.58M | 493.3M | 587M | 796M | 1B | 830M | 251M | 4M |
| Operating Income | 518.75M▲ 0% | 757.78M▲ 46.1% | 655.13M▼ 13.5% | 1.38B▲ 109.9% | 1.18B▼ 14.6% | 1.31B▲ 11.7% | 708M▼ 46.0% | 1.27B▲ 79.1% | 863M▼ 31.9% | 909M▲ 0% |
| Operating Margin % | 21.33% | 27.39% | 21.56% | 30.56% | 25.28% | 25.18% | 14.35% | 23.45% | 17.44% | 17.78% |
| Operating Income Growth % | 80.55% | 46.08% | -13.55% | 109.94% | -14.57% | 11.66% | -46.04% | 79.1% | -31.94% | - |
| EBITDA | 841.81M | 1.08B | 1.06B | 1.94B | 1.76B | 1.97B | 1.65B | 2.08B | 1.65B | 1.98B |
| EBITDA Margin % | 34.61% | 38.97% | 35% | 43.11% | 37.95% | 37.88% | 33.43% | 38.39% | 33.3% | 38.77% |
| EBITDA Growth % | 106.51% | 28.09% | -1.34% | 82.39% | -9.09% | 11.9% | -16.46% | 25.89% | -20.62% | -2.6% |
| D&A (Non-Cash Add-back) | 323.07M | 320.54M | 408.71M | 564.9M | 589M | 662M | 941M | 808M | 785M | 1.07B |
| EBIT | 482.58M | 753.94M | 677.67M | 1.44B | 1.38B | 1.55B | 848M | 1.4B | 529M | 294M |
| Net Interest Income | -241.19M | -220.99M | -304.35M | -335.3M | -283M | -337M | -447M | -444M | -379M | -282M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 241.19M | 220.99M | 304.35M | 335.3M | 283M | 337M | 447M | 444M | 379M | 162M |
| Other Income/Expense | -264.24M | -224.83M | -281.81M | -270.8M | -82M | -95M | -307M | -309M | -713M | -744M |
| Pretax Income | 241.38M▲ 0% | 532.95M▲ 120.8% | 373.32M▼ 30.0% | 1.1B▲ 195.9% | 1.09B▼ 1.1% | 1.22B▲ 11.3% | 401M▼ 67.1% | 959M▲ 139.2% | 150M▼ 84.4% | 165M▲ 0% |
| Pretax Margin % | 9.93% | 19.26% | 12.28% | 24.54% | 23.52% | 23.35% | 8.13% | 17.74% | 3.03% | 3.23% |
| Income Tax | -233.94M | 144.68M | 137.03M | 296.5M | 263M | 274M | 131M | 276M | 67M | 33M |
| Effective Tax Rate % | -96.92% | 27.15% | 36.7% | 26.84% | 24.06% | 22.51% | 32.67% | 28.78% | 44.67% | 20% |
| Net Income | 475M▲ 0% | 389.48M▼ 18.0% | 230.26M▼ 40.9% | 811.5M▲ 252.4% | 834M▲ 2.8% | 971M▲ 16.4% | 346M▼ 64.4% | 722M▲ 108.7% | 109M▼ 84.9% | 165M▲ 0% |
| Net Margin % | 19.53% | 14.08% | 7.58% | 18.03% | 17.94% | 18.63% | 7.01% | 13.35% | 2.2% | 3.23% |
| Net Income Growth % | 418.91% | -18% | -40.88% | 252.43% | 2.77% | 16.43% | -64.37% | 108.67% | -84.9% | -74.81% |
| Net Income (Continuing) | 475.33M | 388.26M | 236.29M | 808.1M | 830M | 943M | 270M | 683M | 83M | 150M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 10.7M | 16.21M | 22M | 18.48M | 7.1M | 28M | 14M | 11M | -2M | 0 |
| EPS (Diluted) | 10.07▲ 0% | 8.21▼ 18.5% | 4.80▼ 41.5% | 17.37▲ 261.9% | 18.98▲ 9.3% | 24.16▲ 27.3% | 9.66▼ 60.0% | 21.41▲ 121.6% | 3.00▼ 86.0% | 5.29▲ 0% |
| EPS Growth % | 248.44% | -18.47% | -41.53% | 261.88% | 9.27% | 27.29% | -60.02% | 121.64% | -85.99% | -77.01% |
| EPS (Basic) | 10.38 | 8.52 | 5.01 | 18.06 | 19.81 | 24.68 | 9.80 | 21.73 | 3.04 | - |
| Diluted Shares Outstanding | 45.75M | 47.41M | 47.92M | 46.72M | 43.98M | 40.19M | 35.83M | 32.8M | 30.71M | 31.17M |
| Basic Shares Outstanding | 45.75M | 45.72M | 45.99M | 44.92M | 42.13M | 39.35M | 35.32M | 32.31M | 30.35M | 30.37M |
| Dividend Payout Ratio | 11.77% | 17.62% | 35.97% | 12.45% | 14.15% | 14.62% | 55.2% | 30.33% | 155.05% | - |
NXST Balance Sheet
Nexstar Media Group, Inc. (NXST) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.06B | 767.08M | 1.35B | 1.21B | 1.41B | 1.61B | 1.47B | 1.3B | 1.47B | 323M |
| Cash & Short-Term Investments | 115.65M | 145.12M | 232.07M | 152.7M | 190.9M | 204M | 147M | 144M | 280M | 289M |
| Cash Only | 115.65M | 145.12M | 232.07M | 152.7M | 190.9M | 204M | 147M | 144M | 280M | 289M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 562.94M | 547.28M | 883.92M | 904.8M | 1.02B | 1.08B | 1.09B | 1.03B | 1.07B | 34M |
| Days Sales Outstanding | 84.49 | 72.2 | 106.15 | 73.37 | 80.18 | 75.65 | 81.02 | 69.4 | 79.28 | 56.12 |
| Inventory | 71.86M | 22.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 25.32 | 7.4 | - | - | - | - | - | - | - | - |
| Other Current Assets | 305.76M | 52M | 83.78M | 16.61M | 15.63M | 331M | 224M | 125M | 118M | 0 |
| Total Non-Current Assets | 6.43B | 6.29B | 12.64B | 12.19B | 11.85B | 11.06B | 10.61B | 10.17B | 9.51B | 99M |
| Property, Plant & Equipment | 734.14M | 731.54M | 1.29B | 1.6B | 1.51B | 1.26B | 1.56B | 1.21B | 1.42B | -22M |
| Fixed Asset Turnover | 3.31x | 3.78x | 2.36x | 2.80x | 3.07x | 4.13x | 3.16x | 4.48x | 3.48x | 5.08x |
| Goodwill | 2.14B | 2.17B | 3B | 2.98B | 3.05B | 2.96B | 2.95B | 2.92B | 2.91B | 0 |
| Intangible Assets | 3.35B | 3.27B | 6.18B | 5.85B | 5.63B | 5.34B | 5.05B | 4.78B | 4.54B | 121M |
| Long-Term Investments | 0 | 14M | 1.48B | 1.33B | 1.22B | 1.12B | 958M | 877M | 396M | 1.95B |
| Other Non-Current Assets | 199.18M | 125.27M | 692.23M | 422.72M | 441.5M | 378M | 96M | 389M | 108M | 594M |
| Total Assets | 7.48B▲ 0% | 7.06B▼ 5.6% | 13.99B▲ 98.1% | 13.4B▼ 4.2% | 13.26B▼ 1.0% | 12.68B▼ 4.4% | 12.08B▼ 4.7% | 11.47B▼ 5.1% | 10.99B▼ 4.2% | 422M▲ 0% |
| Asset Turnover | 0.33x | 0.39x | 0.22x | 0.34x | 0.35x | 0.41x | 0.41x | 0.47x | 0.45x | 0.60x |
| Asset Growth % | 152.24% | -5.61% | 98.1% | -4.18% | -1.04% | -4.41% | -4.74% | -5.05% | -4.2% | -108.46% |
| Total Current Liabilities | 670.7M | 404.17M | 947.56M | 730.89M | 787.3M | 893M | 961M | 783M | 711M | 12M |
| Accounts Payable | 31.14M | 67.83M | 157.37M | 218.42M | 248.2M | 198M | 235M | 133M | 133M | -31M |
| Days Payables Outstanding | 10.97 | 22.15 | 42.59 | 46.34 | 48.65 | 36.04 | 40.36 | 21.86 | 16.07 | 17.31 |
| Short-Term Debt | 92.81M | 96.09M | 109.31M | 21.43M | 47.2M | 124M | 124M | 124M | 152M | 0 |
| Deferred Revenue (Current) | 215.5M | 175.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 501.98M | 90.97M | 226.58M | 146.57M | 176.5M | 164M | 442M | 169M | 327M | 43M |
| Current Ratio | 1.57x | 1.90x | 1.43x | 1.66x | 1.79x | 1.81x | 1.53x | 1.66x | 2.07x | 2.07x |
| Quick Ratio | 1.47x | 1.84x | 1.43x | 1.66x | 1.79x | 1.81x | 1.53x | 1.66x | 2.07x | 2.07x |
| Cash Conversion Cycle | 98.84 | 57.46 | - | - | - | - | - | - | - | 38.82 |
| Total Non-Current Liabilities | 5.23B | 4.79B | 10.99B | 10.14B | 9.62B | 9.02B | 8.8B | 8.42B | 8.21B | 0 |
| Long-Term Debt | 4.27B | 3.88B | 8.38B | 7.65B | 7.37B | 6.83B | 6.71B | 6.4B | 6.46B | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 246M | 253M | 242M | 504M |
| Deferred Tax Liabilities | 619.44M | 633.88M | 1.71B | 1.67B | 1.73B | 1.61B | 1.52B | 1.49B | 1.49B | 4.42B |
| Other Non-Current Liabilities | 340.54M | 270.08M | 894.75M | 815.93M | 523.3M | 584M | 325M | 278M | 13M | 767M |
| Total Liabilities | 5.9B | 5.19B | 11.94B | 10.87B | 10.41B | 9.91B | 9.77B | 9.2B | 8.92B | 0 |
| Total Debt | 4.36B | 3.98B | 8.49B | 7.7B | 7.46B | 7B | 7.13B | 6.81B | 6.86B | 0 |
| Net Debt | 4.25B | 3.84B | 8.26B | 7.55B | 7.27B | 6.8B | 6.98B | 6.67B | 6.58B | -289M |
| Debt / Equity | 2.76x | 2.13x | 4.14x | 3.04x | 2.61x | 2.53x | 3.08x | 3.00x | 3.33x | 3.33x |
| Debt / EBITDA | 5.18x | 3.69x | 7.98x | 3.97x | 4.23x | 3.55x | 4.32x | 3.28x | 4.16x | 0.00x |
| Net Debt / EBITDA | 5.04x | 3.56x | 7.76x | 3.89x | 4.12x | 3.44x | 4.23x | 3.21x | 3.99x | 3.99x |
| Interest Coverage | 2.00x | 3.41x | 2.23x | 4.29x | 4.86x | 4.61x | 1.90x | 3.16x | 1.40x | 1.81x |
| Total Equity | 1.58B▲ 0% | 1.87B▲ 18.2% | 2.05B▲ 9.9% | 2.54B▲ 23.5% | 2.86B▲ 12.6% | 2.77B▼ 3.1% | 2.31B▼ 16.5% | 2.27B▼ 1.9% | 2.06B▼ 9.1% | 0▲ 0% |
| Equity Growth % | 456.11% | 18.19% | 9.87% | 23.54% | 12.64% | -3.1% | -16.47% | -1.95% | -9.08% | -108.22% |
| Book Value per Share | 34.56 | 39.42 | 42.85 | 54.30 | 64.97 | 68.90 | 64.55 | 69.15 | 67.15 | 67.15 |
| Total Shareholders' Equity | 1.57B | 1.85B | 2.03B | 2.52B | 2.85B | 2.74B | 2.3B | 2.26B | 2.06B | 0 |
| Common Stock | 473K | 473K | 473K | 473K | 500K | 0 | 0 | 0 | 0 | -56M |
| Retained Earnings | 299.52M | 620.37M | 778.83M | 1.49B | 2.2B | 3.03B | 3.19B | 3.67B | 3.54B | 0 |
| Treasury Stock | -78.06M | -105.69M | -121.39M | -367.13M | -807M | -1.61B | -2.17B | -2.72B | -2.79B | 0 |
| Accumulated OCI | 6.14M | -14.32M | 19.85M | 34.51M | 141.6M | 27M | 1M | -1M | -15M | 0 |
| Minority Interest | 10.7M | 16.21M | 22M | 18.48M | 7.1M | 28M | 14M | 11M | -2M | 0 |
NXST Cash Flow Statement
Nexstar Media Group, Inc. (NXST) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 109.09M | 736.87M | 417.47M | 1.25B | 1.22B | 1.4B | 999M | 1.25B | 891M | 891M |
| Operating CF Margin % | 4.49% | 26.63% | 13.74% | 27.86% | 26.14% | 26.92% | 20.25% | 23.12% | 18% | - |
| Operating CF Growth % | -61.62% | 575.46% | -43.35% | 200.43% | -3.13% | 15.47% | -28.8% | 25.13% | -28.72% | -97.44% |
| Net Income | 475.33M | 388.26M | 236.29M | 808.1M | 830M | 943M | 270M | 683M | 362M | 165M |
| Depreciation & Amortization | 323.07M | 320.54M | 408.71M | 564.9M | 589M | 662M | 941M | 808M | 592M | 580M |
| Stock-Based Compensation | 24.07M | 31.26M | 38.62M | 48.3M | 47M | 62M | 60M | 78M | 58M | 40M |
| Deferred Taxes | -463.19M | 12.4M | -4.54M | -43.6M | 5M | -103M | -77M | -33M | -20M | -113M |
| Other Non-Cash Items | -49.17M | -33.06M | -167.54M | -41.5M | -43M | -47M | -204M | -235M | -49M | 447M |
| Working Capital Changes | -201.02M | 17.46M | -94.07M | -82M | -213M | -114M | 9M | -51M | -52M | -96M |
| Change in Receivables | -56.67M | 30.87M | 2.18M | 14M | -109M | -12M | -13M | 68M | 15M | -45M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -62.5M | 16.52M | 49.9M | 53.7M | 28M | -50M | 32M | -98M | -30M | 20M |
| Cash from Investing | -2.07B | -175.51M | -4.7B | -39.8M | -232M | 125M | -173M | -102M | -173M | -134M |
| Capital Expenditures | -72.46M | -106.25M | -197.51M | -217M | -151M | -157M | -149M | -145M | -148M | -135M |
| CapEx % of Revenue | 2.98% | 3.84% | 6.5% | 4.82% | 3.25% | 3.01% | 3.02% | 2.68% | 2.99% | - |
| Acquisitions | -2.49B | -103.98M | -4.53B | -23.6M | -138M | 29M | -38M | 0 | -22M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 499.48M | 34.71M | 28.59M | 207.8M | 57M | 253M | 14M | 3M | -3M | 1M |
| Cash from Financing | 1.06B | -531.89M | 4.39B | -1.29B | -945M | -1.51B | -899M | -1.15B | -582M | -415M |
| Debt Issued (Net) | 1.6B | -410.47M | 4.62B | -857.2M | -269M | -480M | -125M | -327M | -175M | -191M |
| Equity Issued (Net) | -99.01M | -50.52M | -45.12M | -281.9M | -537M | -881M | -605M | -601M | -120M | -45M |
| Dividends Paid | -55.89M | -68.63M | -82.82M | -101M | -118M | -142M | -191M | -219M | -169M | -169M |
| Share Repurchases | -99.01M | -50.52M | -45.12M | -281.9M | -537M | -881M | -605M | -601M | -120M | -45M |
| Other Financing | -392.29M | -2.27M | -104.24M | -53.7M | -21M | -12M | 22M | -4M | -118M | -10M |
| Net Change in Cash | -899.83M▲ 0% | 29.46M▲ 103.3% | 103.56M▲ 251.5% | -79.4M▼ 176.7% | 38M▲ 147.9% | 13M▼ 65.8% | -73M▼ 661.5% | -3M▲ 95.9% | 136M▲ 4633.3% | 27M▲ 0% |
| Free Cash Flow | 36.63M▲ 0% | 630.62M▲ 1621.6% | 219.96M▼ 65.1% | 1.04B▲ 371.5% | 1.06B▲ 2.6% | 1.25B▲ 17.1% | 850M▼ 31.8% | 1.1B▲ 30.0% | 743M▼ 32.8% | 708M▲ 0% |
| FCF Margin % | 1.51% | 22.79% | 7.24% | 23.04% | 22.89% | 23.91% | 17.23% | 20.44% | 15.01% | 13.85% |
| FCF Growth % | -85.49% | 1621.6% | -65.12% | 371.55% | 2.58% | 17.11% | -31.78% | 30% | -32.76% | -39.74% |
| FCF per Share | 0.80 | 13.30 | 4.59 | 22.20 | 24.19 | 31.01 | 23.72 | 33.69 | 24.20 | 24.20 |
| FCF Conversion (FCF/Net Income) | 0.23x | 1.89x | 1.81x | 1.55x | 1.46x | 1.44x | 2.89x | 1.73x | 8.17x | 4.29x |
| Interest Paid | 239.56M | 218.75M | 250.66M | 324.3M | 273M | 330M | 437M | 431M | 328M | 221M |
| Taxes Paid | 272.69M | 90.72M | 315.05M | 351.7M | 320M | 370M | 169M | 254M | 175M | 173M |
NXST Key Ratios
Nexstar Media Group, Inc. (NXST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 50.92% | 22.58% | 11.74% | 35.36% | 30.92% | 34.52% | 13.62% | 31.52% | 5.03% | 10% |
| Return on Invested Capital (ROIC) | 9.3% | 9.86% | 6.13% | 10.11% | 8.72% | 9.99% | 5.63% | 10.43% | 7.36% | 7.36% |
| Gross Margin | 57.4% | 59.59% | 55.63% | 61.78% | 59.94% | 61.52% | 56.92% | 58.92% | 38.98% | 32.26% |
| Net Margin | 19.53% | 14.08% | 7.58% | 18.03% | 17.94% | 18.63% | 7.01% | 13.35% | 2.2% | 3.23% |
| Debt / Equity | 2.76x | 2.13x | 4.14x | 3.04x | 2.61x | 2.53x | 3.08x | 3.00x | 3.33x | 3.33x |
| Interest Coverage | 2.00x | 3.41x | 2.23x | 4.29x | 4.86x | 4.61x | 1.90x | 3.16x | 1.40x | 1.81x |
| FCF Conversion | 0.23x | 1.89x | 1.81x | 1.55x | 1.46x | 1.44x | 2.89x | 1.73x | 8.17x | 4.29x |
| Revenue Growth | 120.45% | 13.76% | 9.85% | 48.1% | 3.26% | 12.11% | -5.33% | 9.61% | -8.47% | -4.56% |
NXST SEC Filings & Documents
Nexstar Media Group, Inc. (NXST) SEC filings — annual & quarterly reports (10-K, 10-Q)
NXST Frequently Asked Questions
Nexstar Media Group, Inc. (NXST) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Nexstar Media Group, Inc. (NXST) reported $5.11B in revenue for fiscal year 2025. This represents a 3147% increase from $157.5M in 1999.
Nexstar Media Group, Inc. (NXST) saw revenue decline by 8.5% over the past year.
Yes, Nexstar Media Group, Inc. (NXST) is profitable, generating $165.0M in net income for fiscal year 2025 (2.2% net margin).
Dividend & Returns
Yes, Nexstar Media Group, Inc. (NXST) pays a dividend with a yield of 2.83%. This makes it attractive for income-focused investors.
Nexstar Media Group, Inc. (NXST) has a return on equity (ROE) of 5.0%. This is below average, suggesting room for improvement.
Nexstar Media Group, Inc. (NXST) generated $708.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More NXST
Nexstar Media Group, Inc. (NXST) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates