Rankings
▼
Calendar
NXST (Nexstar Media Group, Inc.) Stock Financials & Earnings | Market Cap Arena
NXST
Nexstar Media Group, Inc.
Mkt Cap
$7B
Communication Services
·
Entertainment
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$5.0B
Net Income (TTM)
$109M
EPS (TTM)
$2.93
Free Cash Flow (TTM)
$743M
Gross Margin
47.1%
Op. Margin
17.5%
Net Margin
2.2%
FCF Margin
15.0%
P/S Ratio (TTM)
1.5x
P/E Ratio (TTM)
68.3x
YoY Rev Growth
-8.4%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$1.3B
$719M
$204M
Q2 23
$1.2B
$703M
$179M
Q3 23
$1.1B
$595M
$94M
Q4 23
$1.3B
$764M
$231M
Q1 24
$1.3B
$736M
$275M
Q2 24
$1.3B
$717M
$240M
Q3 24
$1.4B
$803M
$335M
Q4 24
$1.5B
$929M
$417M
Q1 25
$1.2B
$683M
$220M
Q2 25
$1.2B
$672M
$213M
Q3 25
$1.2B
$446M
$175M
Q4 25
$1.3B
$531M
$256M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
1.4x
9.0x
Q2 23
1.4x
10.6x
Q3 23
1.5x
17.1x
Q4 23
1.5x
21.5x
Q1 24
1.5x
18.2x
Q2 24
1.5x
17.2x
Q3 24
1.4x
12.5x
Q4 24
1.4x
10.3x
Q1 25
1.4x
11.4x
Q2 25
1.4x
11.7x
Q3 25
1.4x
14.4x
Q4 25
1.5x
68.3x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$494M
$458M
Q2 23
$185M
$144M
Q3 23
$138M
$102M
Q4 23
$182M
$146M
Q1 24
$276M
$232M
Q2 24
$176M
$139M
Q3 24
$387M
$358M
Q4 24
$411M
$376M
Q1 25
$337M
$302M
Q2 25
$247M
$218M
Q3 25
$117M
$87M
Q4 25
$190M
$136M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$36M
Q2 23
$41M
Q3 23
$36M
Q4 23
$36M
Q1 24
$44M
Q2 24
$37M
Q3 24
$29M
Q4 24
$35M
Q1 25
$35M
Q2 25
$29M
Q3 25
$30M
Q4 25
$54M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+3.9%
+19.5%
Q2 23
-0.4%
+16.5%
Q3 23
-10.8%
+13.7%
Q4 23
-12.3%
-10.0%
Q1 24
+2.1%
-4.2%
Q2 24
+2.3%
-3.0%
Q3 24
+20.7%
-0.7%
Q4 24
+14.0%
-0.3%
Q1 25
-3.9%
+0.5%
Q2 25
-3.2%
-1.3%
Q3 25
-12.3%
-0.8%
Q4 25
-13.3%
-3.5%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$14M
1.1%
Q2 23
$13M
1.0%
Q3 23
$17M
1.5%
Q4 23
$16M
1.2%
Q1 24
$18M
1.4%
Q2 24
$20M
1.6%
Q3 24
$19M
1.4%
Q4 24
$21M
1.4%
Q1 25
$18M
1.5%
Q2 25
$21M
1.7%
Q3 25
$19M
1.6%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
G&A
SG&A
Quarter
G&A
SG&A
Q1 23
$266M
—
Q2 23
$262M
—
Q3 23
$281M
—
Q4 23
—
$288M
Q1 24
$272M
—
Q2 24
$269M
—
Q3 24
$278M
—
Q4 24
—
$270M
Q1 25
$257M
—
Q2 25
—
$262M
Q3 25
—
$270M
Q4 25
—
$208M
marketcaparena.com
Revenue Segments
Broadcast
Other Segments
Core Advertising
Digital
Distribution Service
Other
Political Advertising
Advertising
Quarter
Broadcast
Other Segments
Core Advertising
Digital
Distribution Service
Other
Political Advertising
Advertising
Q1 23
$1.2B
$81M
—
—
—
—
—
—
Q2 23
$1.1B
$96M
—
—
—
—
—
—
Q3 23
—
—
$391M
$99M
$598M
$25M
$19M
—
Q1 24
—
—
—
—
$761M
$11M
—
$512M
Q2 24
—
—
—
—
$734M
$13M
—
$522M
Q3 24
—
—
—
—
$719M
$25M
—
$622M
Q1 25
—
—
—
—
$762M
$12M
—
$460M
Q2 25
—
—
—
—
$733M
$21M
—
$475M
Q3 25
—
—
—
—
$709M
$13M
—
$476M
Q4 25
—
—
—
—
$720M
$20M
—
$548M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$413M
$0
$413M
Q2 23
$346M
$0
$346M
Q3 23
$150M
$0
$150M
Q4 23
$135M
$0
$135M
Q1 24
$237M
$0
$237M
Q2 24
$146M
$0
$146M
Q3 24
$181M
$0
$181M
Q4 24
$144M
$0
$144M
Q1 25
$253M
$0
$253M
Q2 25
$234M
$0
$234M
Q3 25
$236M
$0
$236M
Q4 25
$280M
$0
$280M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
37M
-2.3%
Q2 23
36M
-3.0%
Q3 23
35M
-2.6%
Q4 23
34M
-3.2%
Q1 24
34M
-0.6%
Q2 24
33M
-2.2%
Q3 24
32M
-2.5%
Q4 24
31M
-3.1%
Q1 25
31M
-1.7%
Q2 25
31M
-0.7%
Q3 25
31M
-0.1%
Q4 25
30M
-1.2%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$182K
3K
FY 15
$203K
4K
FY 16
$244K
5K
FY 17
$267K
9K
FY 18
$309K
9K
FY 19
$188K
16K
FY 20
$363K
12K
FY 21
$373K
12K
FY 22
$402K
13K
FY 23
$371K
13K
FY 24
$416K
13K
FY 25
$386K
13K
marketcaparena.com