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) Return on invested capital

Alert me on Return on invested capital

Nexstar Media Group, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 6.52%, down 0.0 percentage points from fiscal 2025 (6.55%). Over the past ten years it has ranged from 3.98% (fiscal 2019) to 9.19% (fiscal 2024); the current reading is higher than 36% of that period. That is above the Broadcasting industry median of −0.41% and above the Communication Services sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 6.55% (2.64)
FY2024 9.19% 4.27
FY2023 4.92% (3.71)
FY2022 8.63% 1.33
FY2021 7.30% (1.27)
FY2020 8.57% 4.59
FY2019 3.98% (4.32)
FY2018 8.30% 2.88
FY2017 5.42% (1.68)
FY2016 7.10% (1.28)

Against its own ten years

Low 3.98% High 9.19%
Ten-year median 7.30%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
NXST Nexstar Media Group, Inc. 6.52%
SBGI Sinclair, Inc. compare 4.90%
GTN.A Gray Media Inc. compare 3.25%
GTN Gray Media Inc. compare 3.25%
IHRT iHeartMedia, Inc. compare 0.14%
NMAX Newsmax Inc. compare 0.00%
CURI CuriosityStream Inc. compare −0.41%
FUBO fuboTV Inc. compare −4.99%
SSP E.W. Scripps Company (The) compare −25.6%
Broadcasting industry median −0.41%
Communication Services sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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