Nexstar Media Group, Inc.
NXST Communication Services Broadcasting
Nexstar Media Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.9 billion, down 8.47% from fiscal 2024.
- Revenue
- +78.1%
- EPS
- +269.0%
- Free cash flow
- +690.7%
- Total debt
- +79.4%
Quarter to September 2026, against a year earlier
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Nexstar Media Group, Inc. (NXST) Debt to equity
Nexstar Media Group, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 4.7×, up 1.6× from fiscal 2025 (3.1×). Over the past ten years it has ranged from 2.1× (fiscal 2018) to 17.3× (fiscal 2015); the current reading is higher than 73% of that period. That is above the Broadcasting industry median of 0.5× and above the Communication Services sector median of 0.1×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 3.1× | 6.54% |
| FY2024 | 2.9× | (1.57%) |
| FY2023 | 3.0× | 17.75% |
| FY2022 | 2.5× | (3.26%) |
| FY2021 | 2.6× | (14.15%) |
| FY2020 | 3.0× | (26.91%) |
| FY2019 | 4.1× | 94.16% |
| FY2018 | 2.1× | (22.79%) |
| FY2017 | 2.8× | (66.74%) |
| FY2016 | 8.3× | (52.03%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 4.7× | (11.07%) |
| Jun 2026 | 5.2× | (7.45%) |
| Mar 2026 | 5.7× | 82.67% |
| Dec 2025 | 3.1× | 10.51% |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| IHRT iHeartMedia, Inc. compare | −2.5× |
| CURI CuriosityStream Inc. compare | 0.0× |
| NMAX Newsmax Inc. compare | 0.0× |
| FUBO fuboTV Inc. compare | 0.5× |
| GTN Gray Media Inc. compare | 2.1× |
| GTN.A Gray Media Inc. compare | 2.1× |
| NXST Nexstar Media Group, Inc. | 4.7× |
| SBGI Sinclair, Inc. compare | 12.1× |
| SSP E.W. Scripps Company (The) compare | 24.8× |
| Broadcasting industry median | 0.5× |
| Communication Services sector median | 0.1× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on NXST
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement