Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
193.60
+5.63 (3.00%)
At close: Aug 7, 2026, 4:00 PM EDT
193.78
+0.18 (0.09%)
After-hours: Aug 7, 2026, 7:34 PM EDT

Nexstar Media Group Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,8764,9495,4074,9335,2114,648
Revenue Growth
10.53%-8.47%9.61%-5.33%12.11%3.26%
Gross Profit
4,3852,7143,1862,7803,2062,786
Operating Income
1,0448491,2687081,3121,175
Net Income
188109722346971834
Earnings Per Share
5.213.0021.419.6424.1618.98
EPS Growth
-72.95%-85.99%122.09%-60.10%27.29%9.27%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Broadcast
4,7974,6575,1344,6115,0334,534
Other Segment
449346317339173-
Corporate (Unallocated)
71010109114
Eliminations
-74-64-54-27-4-
Revenue (Total)
5,8764,9495,4074,9335,2114,648

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
218280144121615.6
Total Debt
11,7986,3746,5606,8377,0017,458
Net Cash (Debt)
-11,580-6,094-6,416-6,825-6,985-7,442
Net Cash Growth
------
Net Cash Per Share
-376.44-198.46-195.63-190.46-173.81-169.21

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
8948911,2509991,4031,215
Capital Expenditures
-151-148-145-149-157-151
Free Cash Flow
7437431,1058501,2461,064
Free Cash Flow Growth
-40.75%-32.76%30.00%-31.78%17.11%2.58%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
74.63%54.84%58.92%56.36%61.52%59.94%
Operating Margin
17.77%17.16%23.45%14.35%25.18%25.28%
Pretax Margin
3.61%3.03%17.74%8.13%23.35%23.52%
Profit Margin
2.86%1.68%12.63%5.47%18.10%17.86%
FCF Margin
12.64%15.01%20.44%17.23%23.91%22.89%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
7.4407.4406.7605.4003.6002.800
Dividend Per Share Growth
2.34%10.06%25.19%50.00%28.57%25.00%
Dividend Yield
3.84%3.67%4.29%3.45%2.06%1.85%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
36.2367.687.3816.267.247.95
Forward PE
6.6110.678.767.718.507.27
P/FCF Ratio
7.968.294.386.205.175.78
PS Ratio
1.011.240.891.071.241.32