Nexstar Media Group, Inc.

Nexstar Media Group, Inc.

NXSTยทNASDAQ

$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.

At a Glance

Live Snapshot
Market Cap$5.54B
EPS3.0400
P/E Ratio59.71
Earnings Date08/06/2026
3Y-36.0%
5Y-29.0%
10Y+213.0%
3Y-238.0%
5Y+335.0%
10Y+28.0%
3Y-62.0%
5Y-55.0%
10Y-171.0%
NXST

Nexstar Media Group, Inc. Cash Conversion Engine

NXST ยท NASDAQ
Net Income362.00M
Depreciation & Amortization592.00M
Stock-Based Compensation58.00M
Change in Working Capital-52.00M
Others-49.00M
Capital Expenditures-148.00M
Free Cash Flow743.00M

Cash Flow Quality Analysis

FCF Conversion Rate

205.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

16.6%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-32.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$52.00M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Nexstar Media Group, Inc. Cash Flow Statement

NXST โ€ข NASDAQ

Nexstar Media Group, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
362M
683M
270M
943M
830M
808.1M
236.3M
388.3M
475.3M
93.1M
76.4M
64.6M
-1.8M
182.5M
-11.9M
-1.8M
-12.6M
-78.1M
-19.8M
-9M
592M
808M
941M
662M
589M
564.9M
408.7M
320.5M
323.1M
120.3M
117.9M
72.5M
76.3M
55.1M
57.8M
54.4M
58.6M
57.9M
69.5M
63.8M
-20M
-33M
-77M
-103M
5M
-43.6M
-4.5M
12.4M
-463.2M
54.6M
43.7M
43.5M
2.7M
-132.6M
5.2M
6.3M
-216K
-5.9M
5.4M
4.3M
58M
78M
60M
62M
47M
48.3M
38.6M
31.3M
24.1M
11.4M
11.4M
7.6M
2.1M
1.4M
1.2M
2.8M
1.5M
2.3M
0.0
0.0
-49M
-235M
-204M
-47M
-43M
-41.5M
-167.5M
-33.1M
-49.2M
4.9M
-13.5M
-17.2M
-10M
-23.2M
-7.4M
1.6M
-8.4M
80.9M
-7.7M
-5.4M
(175M)
(254M)
(169M)
(370M)
(320M)
(351.7M)
(315.1M)
(90.7M)
(272.7M)
(29.4M)
(29.1M)
(3.1M)
(2.1M)
(1.6M)
(474K)
(397K)
(523K)
(178K)
(0.0)
(0.0)
-52M
-51M
9M
-114M
-213M
-82M
-94.1M
17.5M
-201M
-110K
-30.5M
-4.5M
-42M
-3.3M
-4.6M
-3.9M
-16M
3.6M
-10.5M
720K
891M
1.3B
999M
1.4B
1.2B
1.3B
417.5M
736.9M
109.1M
284.3M
205.3M
166.5M
27.3M
79.9M
40.3M
59.3M
23M
60.6M
37M
54.5M
INVESTING ACTIVITIES
-148M
-145M
-149M
-157M
-151M
-217M
-197.5M
-106.2M
-72.5M
-31.9M
-29M
-20.4M
-19M
-17.3M
-13.3M
-13.8M
-19M
-30.8M
-18.5M
-79.9M
-22M
(0.0)
-38M
(29M)
-138M
-23.6M
-4.5B
-104M
-2.5B
-104M
-448.9M
-209.7M
-229.4M
-221.6M
-41.4M
(0.0)
(0.0)
-400K
-387K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-7M
(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
40M
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
-3M
3M
14M
253M
57M
207.8M
28.6M
34.7M
499.5M
718K
3.6M
89K
219K
236K
122K
459K
-16.6M
-7.3M
320K
603K
-173M
-102M
-173M
(125M)
-232M
-39.8M
-4.7B
-175.5M
-2.1B
-135.1M
-474.3M
-230M
-248.1M
-238.6M
-54.6M
-13.3M
-35.6M
-38.5M
-18.6M
-79.3M
FINANCING ACTIVITIES
-120M
-601M
-605M
-881M
-537M
-281.9M
-45.1M
-50.5M
-99M
0.0
-48.7M
0.0
-8.4M
0.0
0.0
0.0
0.0
0.0
153K
0.0
-175M
-327M
-125M
-480M
-269M
-857.2M
4.6B
-410.5M
1.6B
874.6M
252.7M
163.4M
214.8M
230.9M
-1.4M
-30.7M
32.6M
-22.6M
-13.5M
-15.5M
-169M
-219M
-191M
-142M
-118M
-101M
-82.8M
-68.6M
-55.9M
-29.4M
-23.7M
-18.4M
-14.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-120M
-601M
-605M
-881M
-537M
-281.9M
-45.1M
-50.5M
-99M
(0.0)
-48.7M
(0.0)
-8.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-118M
-4M
22M
-12M
-21M
-53.7M
-104.2M
-2.3M
-392.3M
-22.2M
232K
10.5M
-251K
-10.7M
-466K
-4.3M
-23M
38K
0.0
38M
-582M
-1.2B
-899M
-1.5B
-945M
-1.3B
4.4B
-531.9M
1.1B
822.9M
180.5M
155.4M
191.8M
220.2M
-1.9M
-35M
9.5M
-22.5M
-13.3M
22.5M
CASH FLOW SUMMARY
136M
-3M
-73M
13M
38M
-79.4M
103.6M
29.5M
-899.8M
972.1M
-88.5M
91.9M
-29M
61.5M
-16.1M
10.9M
-3.1M
-392K
5M
-2.3M
144M
147M
220M
207M
169M
248.7M
145.1M
115.7M
1B
43.4M
131.9M
40M
69M
7.5M
23.7M
12.8M
15.8M
16.2M
11.2M
13.5M
280M
144M
147M
220M
207M
169.3M
248.7M
145.1M
115.7M
1B
43.4M
131.9M
40M
69M
7.5M
23.7M
12.8M
15.8M
16.2M
11.2M
743M
1.1B
850M
1.2B
1.1B
1B
220M
630.6M
36.6M
252.4M
176.3M
146.1M
8.4M
62.6M
27M
45.5M
-16.8M
29.9M
18.4M
-25.4M

SEC Filings

NXST - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 30, 2026
April 30, 2026
2026
8-K

8-K 2026

N/A

April 02, 2026
April 02, 2026
2026
8-K

8-K 2026

N/A

March 30, 2026
March 24, 2026
2026
8-K

8-K 2026

N/A

March 20, 2026
March 20, 2026
2026
8-K

8-K 2026

N/A

March 20, 2026
March 19, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
Showing 1 to 10 of 510 filings