NEXSTAR MEDIA GROUP, INC. (NXST)

181.45 1.07 (0.59%)

As of 2026-04-02 18:23:02 EST

Nexstar Media Group, Inc. is an American multimedia conglomerate headquartered in Irving, Texas, with operational headquarters in Midtown Manhattan and an additional office in Chicago. Founded on June 17, 1996, Nexstar is the largest television broadcasting company in the United States, owning 265 television stations—most of which are affiliated with the four major American television networks and MyNetworkTV—in markets as large as New York City and as small as San Angelo, Texas, and operating additional stations through local marketing agreements with certain affiliates such as Mission Broadcasting and Vaughan Media to satisfy existing regulations set in place by the Federal Communications Commission.

Traded asNasdaq: NXST
ISINUS65336K1034
CIK0001142417
LEI52990083ZRR5UT591988
EIN233083125
SectorMass media
IndustryTelevision Broadcasting Stations
CEOPerry A. Sook
Employees13,005
Fiscal Year End1231
Address545 EAST JOHN CARPENTER FREEWAY, IRVING, TX, 75062
Phone972-373-8800
Websitehttp://nexstar.tv
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
NXSTNEXSTAR MEDIA GROUP, INC.2026-04-02 18:23:02181.451.070.59
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
NXST0001142417NEXSTAR MEDIA GROUP, INC.US65336K103452990083ZRR5UT591988233083125Nasdaq4833Television Broadcasting Stations1231DE545 EAST JOHN CARPENTER FREEWAYIRVINGTX75062UNITED STATESUS972-373-8800545 EAST JOHN CARPENTER FREEWAY, IRVING, TX, 75062545 EAST JOHN CARPENTER FREEWAY, IRVING, TX, 75062NEXSTAR BROADCASTING GROUP INCMass media1996-06-17Perry A. Sook13,005http://nexstar.tv4,901,766,02247,282,82330,327,997Nexstar Media Group, Inc. is an American multimedia conglomerate headquartered in Irving, Texas, with operational headquarters in Midtown Manhattan and an additional office in Chicago. Founded on June 17, 1996, Nexstar is the largest television broadcasting company in the United States, owning 265 television stations—most of which are affiliated with the four major American television networks and MyNetworkTV—in markets as large as New York City and as small as San Angelo, Texas, and operating additional stations through local marketing agreements with certain affiliates such as Mission Broadcasting and Vaughan Media to satisfy existing regulations set in place by the Federal Communications Commission.2026-04-02 16:21:40
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NXST Stock Price (End-of-Day)
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NXST Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20254,901,766,022-181,226,436-3.565330,327,997-181,209-0.5939
20245,082,992,458-504,382,473-9.027230,509,206-2,919,298-8.733
20235,587,374,931-556,651,356-9.0633,428,504-3,341,282-9.087
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Timothy C. BuschChief Operating Officer, Executive Vice President2012375,423350,0005,206730,629
Brian JonesChief Operating Officer, Executive Vice President2012375,423350,00010,802736,225
Perry A. SookChief Executive Officer, President, Director20121,000,0002,000,00011,32711,382,327
Thomas E. CarterChief Financial Officer, Executive Vice President2012413,692500,00011,279924,971
Marc MontoyaSenior Vice President2012201,13540,000176,951418,086
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Employee Count
Fiscal YearEmployee Count
202512,832
202413,005
202313,294
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Income Statements
Fiscal Year202520242023
Revenue4,949,000,0005,407,000,0004,933,000,000
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses1,063,000,0001,088,000,0001,096,000,000
Operating Expenses2,235,000,0002,221,000,0002,153,000,000
Operating Income849,000,0001,268,000,000708,000,000
Net Income109,000,000722,000,000346,000,000
Earnings Per Share Basic3.0421.739.78
Earnings Per Share Diluted321.419.64
Weighted Average Shares Outstanding Basic30,349,00032,311,00035,317,000
Weighted Average Shares Outstanding Diluted30,707,00032,796,00035,834,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents280,000,000144,000,000135,000,000
Marketable Securities Current
Accounts Receivable1,075,000,0001,028,000,0001,095,000,000
Inventories
Non Trade Receivables
Other Assets Current
Total Assets Current1,473,000,0001,297,000,0001,466,000,000
Marketable Securities Non Current396,000,000877,000,000958,000,000
Property Plant And Equipment1,158,000,0001,207,000,0001,269,000,000
Other Assets Non Current373,000,000389,000,000386,000,000
Total Assets Non Current426,000,000472,000,000484,000,000
Total Assets10,846,000,00011,468,000,00012,078,000,000
Accounts Payable133,000,000133,000,000235,000,000
Deferred Revenue
Short Term Debt111,000,000124,000,000124,000,000
Other Liabilities Current64,000,000115,000,00069,000,000
Total Liabilities Current711,000,000783,000,000961,000,000
Long Term Debt6,333,000,0006,523,000,0006,837,000,000
Other Liabilities Non Current497,000,000531,000,000571,000,000
Total Liabilities Non Current105,000,000113,000,000114,000,000
Total Liabilities8,784,000,0009,200,000,0009,765,000,000
Common Stock
Retained Earnings3,537,000,0003,671,000,0003,188,000,000
Accumulated Other Comprehensive Income-15,000,000-1,000,0001,000,000
Total Shareholders Equity2,064,000,0002,257,000,0002,299,000,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization471,000,000484,000,000565,000,000
Share Based Compensation Expense78,000,00078,000,00060,000,000
Other Non Cash Income Expense
Change In Accounts Receivable47,000,000-68,000,00013,000,000
Change In Inventories
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable4,000,000-98,000,00032,000,000
Change In Other Liabilities-26,000,00029,000,000
Cash From Operating Activities891,000,0001,250,000,000999,000,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment148,000,000145,000,000149,000,000
Acquisition Of Business22,000,00038,000,000
Other Investing Activities3,000,0002,000,0004,000,000
Cash From Investing Activities-173,000,000-102,000,000-173,000,000
Tax Withholding For Share Based Compensation1,000,0008,000,00024,000,000
Payments Of Dividends226,000,000219,000,000191,000,000
Issuance Of Common Stock
Repurchase Of Common Stock125,000,000601,000,000605,000,000
Issuance Of Long Term Debt3,393,000,00055,000,00020,000,000
Repayment Of Long Term Debt
Other Financing Activities-8,000,000-6,000,0003,000,000
Cash From Financing Activities-582,000,000-1,151,000,000-899,000,000
Change In Cash136,000,000-3,000,000-73,000,000
Cash At End Of Period280,000,000144,000,000135,000,000
Income Taxes Paid208,000,000254,000,000169,000,000
Interest Paid372,000,000431,000,000437,000,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share3.0421.739.78
Price To Earnings Ratio66.79287.269716.0276
Earnings Growth Rate-86.0101122.1881-60.3728
Price Earnings To Growth Ratio-0.77660.0595-0.2655
Book Value Per Share67.942970.192865.4925
Price To Book Ratio2.98852.25052.3934
Ebitda788,000,0001,016,000,000633,000,000
Enterprise Value12,326,364,45011,607,168,67012,361,939,750
Dividend Yield0.03670.04290.0345
Dividend Payout Ratio2.07340.30330.552
Debt To Equity Ratio3.12212.94513.0278
Capital Expenditures422,000,000422,000,000571,600,000
Free Cash Flow469,000,000828,000,000427,400,000
Return On Equity0.05280.31990.1505
One Year Beta0.85390.77491.3486
Three Year Beta0.95050.91810.9864
Five Year Beta0.92641.32241.3506
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Morgan RachelEVP General Counsel2026-03-273,127D0
MUSE JOHN RDirector2026-03-271,500D27,161
WEITMAN GARY2026-03-271,005D4,702
WEITMAN GARY2026-03-27250D4,452
Weaver Robert S.EVP, Government Relations2026-03-271,872D0
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Ares Financial Consulting, LLC2026-03-3110,75860179.3
GOLDMAN SACHS GROUP INC2025-12-3178,010,988384,196203.05
Rockefeller Capital Management L.P.2025-12-31113,441557203.6643
Corient Private Wealth LLC2025-12-311,381,5906,802203.1153
EMC Capital Management2025-12-31262,0001,289203.2583
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Direxion Shares ETF Trust2026-01-31Direxion Daily Mid Cap Bull 3X ETFMIDU478101,517.640.1333
Angel Oak Funds Trust2026-01-31Class A1AOUNX450,000450,340.20.0559
Angel Oak Funds Trust2026-01-31Institutional ClassAOUIX450,000450,340.20.0559
Angel Oak Funds Trust2026-01-31Class AAOUAX450,000450,340.20.0559
Angel Oak Funds Trust2026-01-31Angel Oak UltraShort Income ETFUYLD450,000450,340.20.0344
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