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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Nexstar Media Group, Inc. (NXST) trades at a price to free cash flow of 4.4×. Over the past ten years it has ranged from 3.6× (October 2026) to 66.0× (January 2018); the current reading is higher than 6% of that period. That is in line with the Broadcasting industry median of 4.3× and below the Communication Services sector median of 10.2×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 8.3× 79.55%
FY2024 4.6× (29.80%)
FY2023 6.6× 43.66%
FY2022 4.6× (22.46%)
FY2021 5.9× 25.21%
FY2020 4.7× (80.37%)
FY2019 24.0× 324.35%
FY2018 5.7× (90.89%)
FY2017 62.2× 716.03%
FY2016 7.6× (24.90%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 3.8× (47.87%)
Jun 2026 7.3× (6.52%)
Mar 2026 7.8× (6.47%)
Dec 2025 8.3× 35.99%
43 more quarters

Against its own ten years

Low 3.6× High 66.0×
Ten-year median 7.5×
Current reading's percentile 6

Price to free cash flow against peers

Company Price to free cash flow
NMAX Newsmax Inc. compare n/m
FUBO fuboTV Inc. compare n/m
GTN Gray Media Inc. compare 3.3×
GTN.A Gray Media Inc. compare 3.9×
SBGI Sinclair, Inc. compare 3.9×
NXST Nexstar Media Group, Inc. 4.4×
IHRT iHeartMedia, Inc. compare 5.0×
SSP E.W. Scripps Company (The) compare 7.5×
CURI CuriosityStream Inc. compare 28.3×
Broadcasting industry median 4.3×
Communication Services sector median 10.2×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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