Nexstar Media Group, Inc. logo

Nexstar Media Group, Inc.

NXST

NASDAQCommunication ServicesBroadcasting

Previous close

$186.14

−$1.15 · -0.61%

Aug 21, 4:00 PM ET

NXST company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

79

Undervalued

Momentum

32

Weakening

Sentiment

54

Mixed

Risk resilience

55

Elevated Risk

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Company profile

Company website

Nexstar Media Group, Inc. is a diversified U.S. media corporation focused on broadcast television and digital content. The company specializes in the strategic acquisition, development, and management of local television stations, along with operating interactive community-focused websites and a variety of digital media services. It provides no-cost programming to television viewers across the nation. By the end of 2020, Nexstar directly owned, operated, programmed, or offered sales and other services to 198 television stations. Furthermore, it extended sales, programming, and other support through local service agreements to an additional 37 independent power television stations. The company also furnishes advanced video and display advertising solutions, which can be deployed both locally and nationally across its own digital platforms and various third-party websites and mobile applications. Nexstar is also the proprietor of WGN America, a national cable channel featuring general entertainment. Its broad network of stations is affiliated with major broadcast networks such as ABC, NBC, FOX, CBS, The CW, and MyNetworkTV, among others. Originally known as Nexstar Broadcasting Group, Inc., the company adopted its current name, Nexstar Media Group, Inc., in January 2017. Founded in 1996, its corporate headquarters are located in Irving, Texas.

Industry
Broadcasting
Sector
Communication Services
Headquarters
US
CEO
Perry A. Sook
Listed since
Nov 25, 2003
Employees
12,389

Market position

Day range

Current $186.14

52-week range

Current $186.14

Open
$187.3
Previous close
$187.29
Volume
262.81K
0.7× average
Average volume
375.67K
Average daily volume
Market cap
5.68B USD
Beta
0.9
Market reference 1
50-day average
$180.95
+2.87% above average
200-day average
$199.76
-6.82% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
12.74B USD
EV / EBITDA
9.7×
Earnings yield
1.77%
Free cash flow yield
12.06%

Profitability & efficiency

Return on equity
5.28%
Return on assets
0.99%
Return on invested capital
4.58%

Financial health

Current ratio
2.07×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends67%44%20%-4%Gross margin, FY2021: 59.94%Gross margin, FY2022: 61.52%Gross margin, FY2023: 56.92%Gross margin, FY2024: 58.92%Gross margin, FY2025: 38.98%Operating margin, FY2021: 25.28%Operating margin, FY2022: 25.18%Operating margin, FY2023: 14.35%Operating margin, FY2024: 23.45%Operating margin, FY2025: 17.44%Net margin, FY2021: 17.94%Net margin, FY2022: 18.63%Net margin, FY2023: 7.01%Net margin, FY2024: 13.35%Net margin, FY2025: 2.20%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.94%. Gross margin FY2022 61.52%. Gross margin FY2023 56.92%. Gross margin FY2024 58.92%. Gross margin FY2025 38.98%. Operating margin FY2021 25.28%. Operating margin FY2022 25.18%. Operating margin FY2023 14.35%. Operating margin FY2024 23.45%. Operating margin FY2025 17.44%. Net margin FY2021 17.94%. Net margin FY2022 18.63%. Net margin FY2023 7.01%. Net margin FY2024 13.35%. Net margin FY2025 2.20%.

Income trends

Revenue

4.95B USD-8.47%

Operating income

863M USD-31.94%

Net income

109M USD-84.90%
Income trends across reported periods5.94B USD3.82B USD1.7B USD−420.8M USDRevenue, FY2021: 4.65B USDRevenue, FY2022: 5.21B USDRevenue, FY2023: 4.93B USDRevenue, FY2024: 5.41B USDRevenue, FY2025: 4.95B USDOperating income, FY2021: 1.18B USDOperating income, FY2022: 1.31B USDOperating income, FY2023: 708M USDOperating income, FY2024: 1.27B USDOperating income, FY2025: 863M USDNet income, FY2021: 834M USDNet income, FY2022: 971M USDNet income, FY2023: 346M USDNet income, FY2024: 722M USDNet income, FY2025: 109M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.65B USD. Revenue FY2022 5.21B USD. Revenue FY2023 4.93B USD. Revenue FY2024 5.41B USD. Revenue FY2025 4.95B USD. Operating income FY2021 1.18B USD. Operating income FY2022 1.31B USD. Operating income FY2023 708M USD. Operating income FY2024 1.27B USD. Operating income FY2025 863M USD. Net income FY2021 834M USD. Net income FY2022 971M USD. Net income FY2023 346M USD. Net income FY2024 722M USD. Net income FY2025 109M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.95B USD5.41B USD4.93B USD5.21B USD4.65B USD
Cost of goods sold3.02B USD2.22B USD2.13B USD2.01B USD1.86B USD
Gross profit1.93B USD3.19B USD2.81B USD3.21B USD2.79B USD
Selling, general, and administrative815M USD1.09B USD1.1B USD1.1B USD1.02B USD
Operating expenses1.07B USD1.92B USD2.1B USD1.89B USD1.61B USD
Interest expense379M USD444M USD447M USD337M USD283M USD
Depreciation and amortization785M USD808M USD941M USD662M USD589M USD
Operating income863M USD1.27B USD708M USD1.31B USD1.18B USD
Net income109M USD722M USD346M USD971M USD834M USD

Company facts updated Aug 24, 2026.

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