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Nexstar Media Group, Inc.

NASDAQ•NXST
CEO: Mr. Perry A. Sook
Sector: Communication Services
Industry: Entertainment
Listing Date: 2003-11-25
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services. The company offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites, mobile and over-the-top applications, other digital media solutions to media publishers, and advertisers and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks and other multicast network services. Further, its digital assets include local websites, mobile applications, connected television applications, free-ad supported television channels representing products of local television stations, The CW, The Hill and BestReviews, and a suite of advertising solutions. Additionally, the company engages in digital business; and management of real estate assets, including leasing of owned office and production facilities. 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.
Contact Information
545 East John Carpenter Freeway, Suite 700, Irving, TX, 75062, United States
972-373-8800
www.nexstar.tv
Market Cap
$7.69B
P/E (TTM)
70.6
55.8
Dividend Yield
2.9%
52W High
$254.30
52W Low
$141.66
52W Range
99%
Rank28Top 16.1%
5.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.29B+0.00%
4-Quarter Trend

EPS

-$5.63+0.00%
4-Quarter Trend

FCF

$136.00M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

2025 Net Income Decline Net income attributable $109M, down 85% from $722M in 2024, impacted by $381M TV Food Network impairment.
Revenue Down Post-Election Total net revenue $4.95B, down 8.5% versus prior year, driven by non-election year advertising softness.
TEGNA Merger Agreement Agreed to acquire TEGNA for $6.2B; transaction subject to regulatory approvals, closing anticipated H2 2026.
Shareholder Capital Return Returned $351M capital to shareholders via dividends ($7.44/share) and ongoing stock repurchase authorizations.

Risk Factors

Merger Integration Challenges Failure to realize anticipated synergies or encountering integration difficulties post-TEGNA acquisition closing.
Advertising Market Softness Advertising revenue highly susceptible to economic downturns and competition from large technology media companies.
Distribution Subscriber Decline Declining MVPD subscriber base pressures distribution revenue; inability to renew affiliation agreements poses further risk.
High Debt Leverage Substantial $6.3B outstanding debt limits flexibility for reinvestment, acquisitions, or capital returns to shareholders.

Outlook

Complete TEGNA Acquisition Plan to close $6.2B TEGNA acquisition in H2 2026, enhancing geographic diversity and operational scale.
Leverage Scale for Growth Leverage largest local TV scale to grow national reach via The CW and NewsNation network assets.
Develop New Revenue Streams Develop new revenue streams by leveraging ATSC 3.0 technology for high-speed data transmission services.
Focus on Operational Efficiency Focus on intense operational efficiency to drive growth in Net Income, Adjusted EBITDA, and Free Cash Flow.

Peer Comparison

Revenue (TTM)

WPP stock ticker logoWPP
$36.79B
-3.4%
SIRI stock ticker logoSIRI
$8.56B
-1.6%
TKC stock ticker logoTKC
$5.63B
+20.6%

Gross Margin (Latest Quarter)

SIRI stock ticker logoSIRI
48.0%
-1.8pp
NXST stock ticker logoNXST
41.2%
-21.6pp
GSAT stock ticker logoGSAT
33.5%
-34.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
NXST$7.69B70.64.9%62.4%
MSGS$7.67B-464.85.8%131.3%
SIRI$7.62B9.47.1%35.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.5%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:May 6, 2026
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EPS:-
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Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
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Ratios
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LTM
No Data