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

188.48 3.36 +1.82%
Market cap
$5.8B
P/E
16.8×
Fwd P/E
5.4×
Dividend yield
3.95%
F-score
5/9
Altman Z
1.68
Beneish M
−2.80
Dividend safety
43/100

Nexstar Media Group, Inc. (NXST) Free cash flow margin

Alert me on Free cash flow margin

Nexstar Media Group, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 21.4%, up 6.4 percentage points from fiscal 2025 (15.0%). Over the past ten years it has ranged from 2.33% (fiscal 2017) to 28.7% (fiscal 2022); the current reading is higher than 27% of that period. That is above the Broadcasting industry median of −0.22% and above the Communication Services sector median of 1.75%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 15.0% (5.43)
FY2024 20.4% 3.01
FY2023 17.4% (11.30)
FY2022 28.7% 5.56
FY2021 23.2% 0.07
FY2020 23.1% 15.72
FY2019 7.38% (15.57)
FY2018 23.0% 20.62
FY2017 2.33% (20.61)
FY2016 22.9% 2.87

Against its own ten years

Low 2.33% High 28.7%
Ten-year median 20.4%
Current reading's percentile 27

Free cash flow margin against peers

Company Free cash flow margin
NXST Nexstar Media Group, Inc. 21.4%
SBGI Sinclair, Inc. compare 7.76%
CURI CuriosityStream Inc. compare 7.10%
GTN.A Gray Media Inc. compare 4.64%
GTN Gray Media Inc. compare 4.64%
SSP E.W. Scripps Company (The) compare 1.73%
IHRT iHeartMedia, Inc. compare 1.45%
FUBO fuboTV Inc. compare −8.88%
NMAX Newsmax Inc. compare −35.2%
Broadcasting industry median −0.22%
Communication Services sector median 1.75%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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