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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 5,876 | 4,949 | 5,407 | 4,933 | 5,211 | 4,648 | |
Revenue Growth | 10.53% | -8.47% | 9.61% | -5.33% | 12.11% | 3.26% |
Cost of Revenue | 2,640 | 2,208 | 2,192 | 2,125 | 1,977 | 1,835 |
Gross Profit | 3,236 | 2,741 | 3,215 | 2,808 | 3,234 | 2,813 |
Selling, General & Admin | 1,229 | 1,059 | 1,090 | 1,090 | 1,050 | 970 |
Amortization of Goodwill & Intangibles | 305 | 314 | 324 | 453 | - | - |
Other Operating Expenses | 3 | 3 | -2 | -2 | 1 | -25 |
Operating Expenses | 2,053 | 1,847 | 1,896 | 2,029 | 1,713 | 1,534 |
Operating Income | 1,183 | 894 | 1,319 | 779 | 1,521 | 1,279 |
Interest Expense | -494 | -379 | -444 | -447 | -337 | -283 |
Earnings From Equity Investments | 18 | 30 | 70 | 104 | 153 | 125 |
Other Non Operating Income (Expenses) | - | - | -2 | - | -10 | -2 |
EBT Excluding Unusual Items | 707 | 545 | 943 | 436 | 1,327 | 1,119 |
Merger & Restructuring Charges | -90 | - | - | - | -33 | - |
Impairment of Goodwill | -14 | -14 | -24 | -19 | -91 | - |
Gain (Loss) on Sale of Investments | -381 | -381 | 40 | - | - | - |
Asset Writedown | - | - | - | -16 | -42 | -23 |
Other Unusual Items | -10 | - | - | - | 56 | -3 |
Pretax Income | 212 | 150 | 959 | 401 | 1,217 | 1,093 |
Income Tax Expense | 44 | 67 | 276 | 131 | 274 | 263 |
Earnings From Continuing Operations | 168 | 83 | 683 | 270 | 943 | 830 |
Minority Interest in Earnings | 20 | 26 | 39 | 76 | 28 | 4 |
Net Income | 188 | 109 | 722 | 346 | 971 | 834 |
Preferred Dividends & Other Adjustments | 22 | 17 | 20 | - | - | - |
Net Income to Common | 166 | 92 | 702 | 346 | 971 | 834 |
Net Income Growth | -72.61% | -86.89% | 102.89% | -64.37% | 16.43% | 2.77% |
Shares Outstanding (Basic) | 30 | 30 | 32 | 35 | 39 | 42 |
Shares Outstanding (Diluted) | 31 | 31 | 33 | 36 | 40 | 44 |
Shares Change | -1.47% | -6.37% | -8.48% | -10.83% | -8.63% | -5.86% |
EPS (Basic) | 5.46 | 3.03 | 21.73 | 9.80 | 24.68 | 19.79 |
EPS (Diluted) | 5.34 | 3.00 | 21.41 | 9.64 | 24.16 | 18.98 |
EPS Growth | -72.40% | -85.99% | 122.09% | -60.10% | 27.29% | 9.27% |
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 |
Free Cash Flow | 743 | 743 | 1,105 | 850 | 1,246 | 1,064 |
Free Cash Flow Per Share | 24.07 | 24.20 | 33.69 | 23.72 | 31.00 | 24.19 |
Dividend Per Share | 7.440 | 7.440 | 6.760 | 5.400 | 3.600 | 2.800 |
Dividend Growth | 4.79% | 10.06% | 25.19% | 50.00% | 28.57% | 25.00% |
Gross Margin | 55.07% | 55.38% | 59.46% | 56.92% | 62.06% | 60.52% |
Operating Margin | 20.13% | 18.06% | 24.39% | 15.79% | 29.19% | 27.52% |
Profit Margin | 2.83% | 1.86% | 12.98% | 7.01% | 18.63% | 17.94% |
Free Cash Flow Margin | 12.65% | 15.01% | 20.44% | 17.23% | 23.91% | 22.89% |
EBITDA | 1,699 | 1,365 | 1,803 | 1,267 | 1,990 | 1,747 |
EBITDA Margin | 28.91% | 27.58% | 33.35% | 25.68% | 38.19% | 37.59% |
D&A For EBITDA | 516 | 471 | 484 | 488 | 469 | 468 |
EBIT | 1,183 | 894 | 1,319 | 779 | 1,521 | 1,279 |
EBIT Margin | 20.13% | 18.06% | 24.39% | 15.79% | 29.19% | 27.52% |
Effective Tax Rate | 20.76% | 44.67% | 28.78% | 32.67% | 22.51% | 24.06% |
Advertising Expenses | - | 38 | 48 | 71 | - | - |