Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
183.32
+3.46 (1.92%)
At close: Aug 28, 2026, 4:00 PM EDT
179.00
-4.32 (-2.36%)
After-hours: Aug 28, 2026, 7:56 PM EDT
Nexstar Media Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 218 | 280 | 144 | 135 | 204 | 190.9 |
Cash & Short-Term Investments | 218 | 280 | 144 | 135 | 204 | 190.9 |
Cash Growth | -6.84% | 94.44% | 6.67% | -33.82% | 6.86% | 25.02% |
Receivables | 1,584 | 1,075 | 1,028 | 1,095 | 1,080 | 1,021 |
Prepaid Expenses | 142 | 57 | 41 | 88 | 121 | 138.8 |
Restricted Cash | - | - | - | 12 | 16 | 15.6 |
Other Current Assets | 61 | 61 | 84 | 136 | 194 | 46.4 |
Total Current Assets | 2,005 | 1,473 | 1,297 | 1,466 | 1,615 | 1,413 |
Property, Plant & Equipment | 2,172 | 1,423 | 1,483 | 1,559 | 1,550 | 1,801 |
Long-Term Investments | 387 | 396 | 877 | 958 | 1,119 | 1,219 |
Goodwill | 5,033 | 2,910 | 2,922 | 2,946 | 2,961 | 3,052 |
Other Intangible Assets | 7,999 | 4,536 | 4,776 | 5,053 | 5,344 | 5,627 |
Other Long-Term Assets | 119 | 108 | 113 | 96 | 90 | 153.2 |
Total Assets | 17,715 | 10,846 | 11,468 | 12,078 | 12,679 | 13,265 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 162 | 133 | 133 | 235 | 198 | 248.2 |
Accrued Expenses | 589 | 314 | 314 | 350 | 319 | 315.9 |
Current Portion of Long-Term Debt | 331 | 111 | 124 | 124 | 124 | 47.2 |
Current Portion of Leases | 54 | 41 | 37 | 47 | 50 | 42.8 |
Other Current Liabilities | 148 | 112 | 175 | 205 | 202 | 133.2 |
Total Current Liabilities | 1,284 | 711 | 783 | 961 | 893 | 787.3 |
Long-Term Debt | 11,413 | 6,222 | 6,399 | 6,713 | 6,827 | 7,368 |
Long-Term Leases | 287 | 242 | 253 | 246 | 238 | 237.9 |
Long-Term Deferred Tax Liabilities | 2,154 | 1,354 | 1,487 | 1,520 | 1,606 | 1,729 |
Other Long-Term Liabilities | 313 | 255 | 278 | 325 | 346 | 285.4 |
Total Liabilities | 15,451 | 8,784 | 9,200 | 9,765 | 9,910 | 10,407 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | - | - | - | - | - | 0.5 |
Additional Paid-In Capital | 1,308 | 1,331 | 1,304 | 1,283 | 1,288 | 1,311 |
Retained Earnings | 3,695 | 3,537 | 3,671 | 3,188 | 3,033 | 2,204 |
Treasury Stock | -2,723 | -2,789 | -2,717 | -2,173 | -1,607 | -807 |
Comprehensive Income & Other | -15 | -15 | -1 | 1 | 27 | 141.6 |
Total Common Equity | 2,265 | 2,064 | 2,257 | 2,299 | 2,741 | 2,850 |
Minority Interest | -1 | -2 | 11 | 14 | 28 | 7.1 |
Shareholders' Equity | 2,264 | 2,062 | 2,268 | 2,313 | 2,769 | 2,858 |
Total Liabilities & Equity | 17,715 | 10,846 | 11,468 | 12,078 | 12,679 | 13,265 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 12,085 | 6,616 | 6,813 | 7,130 | 7,239 | 7,696 |
Net Cash (Debt) | -11,867 | -6,336 | -6,669 | -6,995 | -7,035 | -7,505 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -384.47 | -206.34 | -203.35 | -195.21 | -175.06 | -170.64 |
Filing Date Shares Outstanding | 30.81 | 30.33 | 30.51 | 33.43 | 36.77 | 41 |
Total Common Shares Outstanding | 30.81 | 30.33 | 30.62 | 33.6 | 36.81 | 40.76 |
Working Capital | 721 | 762 | 514 | 505 | 722 | 625.4 |
Book Value Per Share | 73.52 | 68.06 | 73.71 | 68.42 | 74.46 | 69.94 |
Tangible Book Value | -10,767 | -5,382 | -5,441 | -5,700 | -5,564 | -5,829 |
Tangible Book Value Per Share | -349.51 | -177.46 | -177.69 | -169.64 | -151.15 | -143.01 |
Land | - | 249 | 249 | 249 | 241 | 476.6 |
Buildings | - | 464 | 430 | 409 | 393 | 381.9 |
Machinery | - | 1,356 | 1,369 | 1,342 | 1,297 | 1,251 |
Construction In Progress | - | 39 | 37 | 60 | 65 | 59.2 |
Leasehold Improvements | - | 144 | 140 | 119 | 101 | 81.9 |