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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Nexstar Media Group, Inc. (NXST) trades at a P/B ratio of 2.4×. Over the past ten years it has ranged from 1.0× (March 2020) to 31.8× (March 2015); the current reading is higher than 40% of that period. That is above the Broadcasting industry median of 0.3× and above the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.0× 32.49%
FY2024 2.3× (6.94%)
FY2023 2.4× (1.20%)
FY2022 2.5× 11.22%
FY2021 2.2× 15.14%
FY2020 1.9× (26.36%)
FY2019 2.6× 36.50%
FY2018 1.9× (13.66%)
FY2017 2.2× (67.15%)
FY2016 6.8× (67.91%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.0× (16.65%)
Jun 2026 2.4× (4.67%)
Mar 2026 2.6× (15.15%)
Dec 2025 3.0× 14.06%
43 more quarters

Against its own ten years

Low 1.0× High 31.8×
Ten-year median 2.4×
Current reading's percentile 43

P/B ratio against peers

Company P/B ratio
SSP E.W. Scripps Company (The) compare n/m
IHRT iHeartMedia, Inc. compare n/m
GTN Gray Media Inc. compare 0.2×
GTN.A Gray Media Inc. compare 0.3×
FUBO fuboTV Inc. compare 0.3×
NXST Nexstar Media Group, Inc. 2.4×
SBGI Sinclair, Inc. compare 3.1×
CURI CuriosityStream Inc. compare 3.6×
NMAX Newsmax Inc. compare 8.4×
Broadcasting industry median 0.3×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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