NXST - NASDAQ

Nexstar Media Group, Inc.

NXST·NASDAQ

$181.52

+1.9%

Communication ServicesEntertainment

Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$5.54B

EPS3.0400

P/E Ratio59.71

Earnings Date08/06/2026

10.99B

Assets

-4%

3Y-13.0%

5Y-18.0%

10Y+270.0%

8.92B

Total Liabilities

-3%

3Y-10.0%

5Y-18.0%

10Y+233.0%

2.06B

Total Equity

-9%

3Y-26.0%

5Y-19.0%

10Y+625.0%

Nexstar Media Group, Inc. Funding & Solvency Profile

NXST · NASDAQ

Current Assets

Cash & Cash Equivalents280.00M

Net Receivables1.07B

Inventory0.00

Other Current Assets118.00M

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment1.42B

Goodwill & Intangible Assets7.45B

Long-Term Investments396.00M

Other Non-Current Assets108.00M

Total Non-Current Assets2 B

Total Assets

10.99B

Financial Health Analysis

Current Ratio

2.07x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

4.33x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

762 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

13% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Nexstar Media Group, Inc. Balance Sheet

NXST • NASDAQ

Nexstar Media Group, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	280M	144M	147M	204M	190.9M	152.7M	232.1M	145.1M	115.7M	87.7M	43.4M	131.9M	40M	69M	7.5M	23.7M	12.8M	15.8M	16.2M	11.2M
Cash & Short-Term Investments	280M	144M	147M	204M	190.9M	152.7M	232.1M	145.1M	115.7M	87.7M	43.4M	131.9M	40M	69M	7.5M	23.7M	12.8M	15.8M	16.2M	11.2M
Net Receivables	1.1B	1B	1.1B	1.1B	1B	904.8M	883.9M	547.3M	562.9M	218.1M	193M	127.9M	109.4M	74.6M	71.3M	63.5M	62.9M	53.2M	55.7M	48.8M
Accounts Receivables	1.1B	1B	1.1B	1.1B	1B	904.8M	883.9M	547.3M	562.9M	218.1M	193M	127.9M	109.4M	74.6M	71.3M	63.5M	62.9M	53.2M	55.3M	48.5M
Other Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	351K	247K
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	22.7M	71.9M	41.7M	7.3M	0.0	44.7M	11.3M	1.7M	2M	1.9M	1.6M	2.5M	2.4M
Prepaids	0.0	0.0	0.0	0.0	185.2M	135.9M	152M	22.7M	71.9M	30.8M	7.3M	5.3M	13.1M	8.5M	16.3M	18.1M	15.4M	14.3M	13.9M	2.3M
Other Current Assets	118M	125M	224M	331M	15.6M	16.6M	83.8M	52M	305.8M	26.7M	16.3M	57.9M	38.6M	11.3M	1.7M	2M	0.0	0.0	0.0	14.9M
Total Current Assets	1.5B	1.3B	1.5B	1.6B	1.4B	1.2B	1.4B	767.1M	1.1B	363.2M	260M	317.7M	201.2M	163.3M	96.8M	107.2M	92.9M	84.9M	88.3M	77.1M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	1.4B	1.2B	1.6B	1.3B	1.5B	1.6B	1.3B	731.5M	734.1M	276.2M	266.6M	237.7M	212.3M	180.2M	146.6M	137M	144.3M	135.9M	111.6M	110.9M
Goodwill	2.9B	2.9B	2.9B	3B	3.1B	3B	3B	2.2B	2.1B	473.3M	451.7M	256.5M	198.1M	148.4M	112.6M	109.1M	109.1M	115.6M	151.7M	149.4M
Intangible Assets	4.5B	4.8B	5.1B	5.3B	5.6B	5.8B	6.2B	3.3B	3.3B	867.3M	803.7M	516.2M	451.6M	351.3M	232.4M	241.7M	264.4M	284.2M	350.1M	379.9M
Goodwill & Intangible Assets	7.4B	7.7B	8B	8.3B	8.7B	8.8B	9.2B	5.4B	5.5B	1.3B	1.3B	772.7M	649.6M	499.7M	345M	350.8M	373.5M	399.8M	501.8M	529.3M
Long-Term Investments	396M	877M	958M	1.1B	1.2B	1.3B	1.5B	14M	0.0	901.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-157K
Tax Assets	140M	0.0	0.0	0.0	0.0	0.0	0.0	-14M	0.0	-901.1M	0.0	15.1M	30.9M	72.1M	0.0	577K	591K	606K	620K	157K
Other Non-Current Assets	108M	389M	96M	378M	441.5M	422.7M	692.2M	125.3M	199.2M	986.2M	53.2M	119.1M	69.8M	30.5M	6.6M	6.9M	8.6M	5.4M	6.4M	7.4M
Total Non-Current Assets	9.5B	10.2B	10.6B	11.1B	11.9B	12.2B	12.6B	6.3B	6.4B	2.6B	1.6B	1.1B	962.6M	782.5M	498.2M	495.3M	526.9M	541.7M	620.4M	647.6M
Total Assets	11B	11.5B	12.1B	12.7B	13.3B	13.4B	14B	7.1B	7.5B	3B	1.8B	1.5B	1.2B	945.8M	595M	602.5M	619.8M	626.6M	708.7M	724.7M
LIABILITIES
CURRENT LIABILITIES
Total Payables	133M	230M	235M	349M	325.1M	324M	277.5M	67.8M	31.1M	19.8M	25.9M	34.1M	10.3M	23.1M	15.4M	29.9M	6.8M	9.4M	8.3M	10.6M
Accounts Payable	133M	133M	235M	198M	248.2M	218.4M	157.4M	67.8M	31.1M	19.8M	25.9M	16.3M	10.3M	12.3M	9.2M	10.6M	6.8M	9.4M	8.3M	10M
Other Payables	0.0	97M	0.0	151M	76.9M	105.6M	120.2M	0.0	0.0	0.0	0.0	17.8M	0.0	10.7M	6.2M	19.3M	0.0	0.0	0.0	1.2M
Accrued Expenses	99M	223M	113M	206M	195.7M	203.1M	334.1M	149.3M	44.8M	20.7M	15.8M	41.4M	28.8M	17.7M	16.7M	18.3M	3.6M	4M	5.4M	7.1M
Short Term Debt	152M	124M	124M	124M	47.2M	21.4M	109.3M	96.1M	92.8M	28.1M	22.1M	15.8M	6.9M	2.2M	1.5M	1M	7.1M	3.5M	50.4M	3.5M
Capital Lease Obligations (Current)	0.0	37M	47M	50M	42.8M	35.9M	0.0	0.0	0.0	0.0	100K	100K	0.0	0.0	-2M	0.0	0.0	0.0	0.0	0.0
Tax Payables	67M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	75K	5.7M	649K	1.6M	402K	447K	363K	512K	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	175.9M	215.5M	132M	89M	51.7M	57.1M	2.3M	2.2M	3.3M	7.4M	7.2M	6.6M	5.6M
Other Current Liabilities	327M	169M	442M	164M	176.5M	146.6M	226.6M	91M	502M	121M	82.1M	5.9M	38M	12.8M	21.4M	1.1M	14.6M	18.6M	15.1M	33.9M
Total Current Liabilities	711M	783M	961M	893M	787.3M	730.9M	947.6M	404.2M	670.7M	189.6M	146.1M	97.3M	83.9M	58M	57.2M	53.6M	56M	57.5M	99.8M	55.1M
NON-CURRENT LIABILITIES
Long Term Debt	6.5B	6.4B	6.7B	6.8B	7.4B	7.6B	8.4B	3.9B	4.3B	2.3B	1.5B	1.2B	1.1B	855.5M	638.9M	642.1M	663.3M	658.6M	630.8M	677.7M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.9M	0.0	1.5M	1.8M	2.4M	1.4M	2M	1.8M	0.0	3M
Deferred Tax Liabilities (Non-Current)	1.5B	1.5B	1.5B	1.6B	1.7B	1.7B	1.7B	633.9M	619.4M	132M	101.8M	44.2M	15.3M	16.3M	40.3M	44.7M	38.4M	38.7M	44.6M	38.7M
Other Non-Current Liabilities	13M	278M	325M	584M	523.3M	815.9M	894.7M	270.1M	340.5M	45.8M	42.5M	39.4M	28.8M	29.4M	41.6M	36M	6.1M	6.1M	23M	17.8M
Total Non-Current Liabilities	8.2B	8.4B	8.8B	9B	9.6B	10.1B	11B	4.8B	5.2B	2.5B	1.6B	1.3B	1.1B	884.9M	721.2M	724.1M	740.1M	734.3M	698.3M	742.9M
Capital Lease Obligations	242M	290M	293M	50M	42.8M	35.9M	0.0	0.0	0.0	4.4M	4.4M	4.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	8.9B	9.2B	9.8B	9.9B	10.4B	10.9B	11.9B	5.2B	5.9B	2.7B	1.7B	1.4B	1.2B	942.9M	778.4M	777.7M	796.1M	791.7M	798.1M	798M
SHAREHOLDERS' EQUITY
Treasury Stock	-2.8B	-2.7B	-2.2B	-1.6B	-807M	-367.1M	-121.4M	-105.7M	-78.1M	-41.5M	-47.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	316K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	0.0	0.0	0.0	0.0	500K	473K	473K	473K	473K	316K	316K	312K	306K	294K	288K	284K	284K	284K	284K	284K
Additional Paid-In Capital	1.3B	1.3B	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B	1.3B	386.9M	396.2M	398M	396.8M	410.5M	406.7M	403M	400.1M	398.6M	396.3M	394.1M
Retained Earnings	3.5B	3.7B	3.2B	3B	2.2B	1.5B	778.8M	620.4M	299.5M	-176.6M	-268.1M	-345.8M	-410.4M	-407.9M	-590.3M	-578.5M	-576.6M	-564M	-486M	-467.7M
Accumulated Other Comprehensive Income/Loss	-15M	-1M	1M	27M	141.6M	34.5M	19.9M	-14.3M	6.1M	-287.3M	-251.2M	-216.3M	-191.9M	-176.2M	-164.8M	-152.7M	-137.6M	-145.7M	-131.8M	-117.8M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	164.8M	152.7M	0.0	0.0	0.0	0.0
Total Stockholders' Equity	2.1B	2.3B	2.3B	2.7B	2.9B	2.5B	2B	1.9B	1.6B	169.1M	80.7M	52.5M	-13.2M	3M	-183.4M	-175.2M	-176.3M	-165.2M	-89.4M	-73.3M
Total Equity	2.1B	2.3B	2.3B	2.8B	2.9B	2.5B	2.1B	1.9B	1.6B	284.4M	86.4M	56.5M	-13.2M	3M	-183.4M	-175.2M	-176.3M	-165.2M	-89.4M	-73.3M
Minority Interest	-2M	11M	14M	28M	7.1M	18.5M	22M	16.2M	10.7M	115.2M	5.7M	4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	11B	11.5B	12.1B	12.7B	13.3B	13.4B	14B	7.1B	7.5B	3B	1.8B	1.5B	1.2B	945.8M	595M	602.5M	619.8M	626.6M	708.7M	724.7M
Total Investments	396M	877M	958M	1.1B	1.2B	1.3B	1.5B	14M	0.0	901.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-157K
Total Debt	6.9B	6.8B	7.1B	7B	7.5B	7.7B	8.5B	4B	4.4B	2.3B	1.5B	1.2B	1.1B	857.6M	640.4M	656.5M	682.8M	662.1M	681.2M	681.1M
Net Debt	6.6B	6.7B	7B	6.8B	7.3B	7.6B	8.3B	3.8B	4.2B	2.3B	1.4B	1.1B	1B	788.6M	632.8M	632.8M	670.1M	646.3M	665M	670M
Shares Outstanding	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192	30,326,192

SEC Filings

NXST - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	April 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 02, 2026	April 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 30, 2026	March 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 20, 2026	March 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 20, 2026	March 19, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing

Showing 1 to 10 of 510 filings

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