Nexstar Media Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	517	722	346	971	834	811.5
Depreciation & Amortization	475	484	488	469	468	427.4
Other Amortization	346	336	464	206	136	154.7
Asset Writedown & Restructuring Costs	24	24	35	133	23	-
Loss (Gain) From Sale of Investments	-	-40	-	-	-	-
Loss (Gain) on Equity Investments	100	84	166	97	114	153.5
Stock-Based Compensation	79	78	60	62	47	48.3
Other Operating Activities	-395	-397	-570	-431	-186	-258
Change in Accounts Receivable	3	68	-13	-12	-109	14
Change in Accounts Payable	-29	-98	32	-50	28	53.7
Change in Income Taxes	1	52	37	10	-48	-11.3
Change in Other Net Operating Assets	-9	-63	-46	-52	-92	-139.6
Operating Cash Flow	1,112	1,250	999	1,403	1,215	1,254
Operating Cash Flow Growth	8.91%	25.12%	-28.79%	15.47%	-3.13%	200.43%
Capital Expenditures	-129	-145	-149	-157	-151	-217
Sale of Property, Plant & Equipment	5	5	8	241	18	2.6
Cash Acquisitions	-22	-	-38	29	-138	-386.4
Divestitures	-	-	-	-	-	362.8
Sale (Purchase) of Real Estate	-	-	10	10	13	-
Investment in Securities	-	40	-	-	-	-
Other Investing Activities	-6	-2	-4	2	26	149.2
Investing Cash Flow	-152	-102	-173	125	-232	-39.8
Long-Term Debt Issued	-	55	20	2,480	321	1,327
Long-Term Debt Repaid	-	-382	-145	-2,960	-590	-2,184
Net Debt Issued (Repaid)	-356	-327	-125	-480	-269	-857.2
Issuance of Common Stock	10	10	4	8	-	-
Repurchase of Common Stock	-303	-609	-629	-893	-548	-288.7
Common Dividends Paid	-221	-219	-191	-142	-118	-101
Other Financing Activities	-35	-6	42	-8	-10	-46.9
Financing Cash Flow	-905	-1,151	-899	-1,515	-945	-1,294
Net Cash Flow	55	-3	-73	13	38	-79.4
Free Cash Flow	983	1,105	850	1,246	1,064	1,037
Free Cash Flow Growth	12.34%	30.00%	-31.78%	17.11%	2.58%	371.55%
Free Cash Flow Margin	19.10%	20.44%	17.23%	23.91%	22.89%	23.04%
Free Cash Flow Per Share	31.83	33.69	23.72	31.00	24.19	22.20
Cash Interest Paid	381	431	437	330	273	324.3
Cash Income Tax Paid	242	254	169	370	320	351.7
Levered Free Cash Flow	1,195	1,310	1,230	1,153	981.67	1,019
Unlevered Free Cash Flow	1,431	1,575	1,498	1,350	1,144	1,212
Change in Working Capital	-34	-41	10	-104	-221	-83.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.