NEXSTAR MEDIA GROUP INC (NXST) Fundamental Analysis & Valuation

NASDAQ:NXST • US65336K1034

243.55 USD
-3.69 (-1.49%)
At close: Mar 3, 2026
243.55 USD
0 (0%)
After Hours: 3/3/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This NXST fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

NXST gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 91 industry peers in the Media industry. NXST scores excellent on profitability, but there are some minor concerns on its financial health. NXST is valued quite cheap, but it does not seem to be growing. NXST also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. NXST Profitability Analysis

1.1 Basic Checks

  • NXST had positive earnings in the past year.
  • NXST had a positive operating cash flow in the past year.
  • Of the past 5 years NXST 4 years were profitable.
  • NXST had a positive operating cash flow in 4 of the past 5 years.
NXST Yearly Net Income VS EBIT VS OCF VS FCFNXST Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2B -4B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.63%, NXST belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
  • NXST's Return On Equity of 22.79% is amongst the best of the industry. NXST outperforms 94.51% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.92%, NXST belongs to the top of the industry, outperforming 81.32% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for NXST is in line with the industry average of 7.00%.
Industry RankSector Rank
ROA 4.63%
ROE 22.79%
ROIC 6.92%
ROA(3y)5.61%
ROA(5y)5.83%
ROE(3y)27.49%
ROE(5y)28.8%
ROIC(3y)7.17%
ROIC(5y)7.11%
NXST Yearly ROA, ROE, ROICNXST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

1.3 Margins

  • NXST has a better Profit Margin (10.12%) than 86.81% of its industry peers.
  • In the last couple of years the Profit Margin of NXST has grown nicely.
  • NXST has a Operating Margin of 20.38%. This is amongst the best in the industry. NXST outperforms 94.51% of its industry peers.
  • In the last couple of years the Operating Margin of NXST has grown nicely.
  • With a decent Gross Margin value of 57.23%, NXST is doing good in the industry, outperforming 72.53% of the companies in the same industry.
  • In the last couple of years the Gross Margin of NXST has remained more or less at the same level.
Industry RankSector Rank
OM 20.38%
PM (TTM) 10.12%
GM 57.23%
OM growth 3Y-2.43%
OM growth 5Y3.14%
PM growth 3Y-9.4%
PM growth 5Y12%
GM growth 3Y-0.59%
GM growth 5Y1.16%
NXST Yearly Profit, Operating, Gross MarginsNXST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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4

2. NXST Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NXST is creating some value.
  • There is no outstanding debt for NXST. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
NXST Yearly Shares OutstandingNXST Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
NXST Yearly Total Debt VS Total AssetsNXST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 1.81, we must say that NXST is in the distress zone and has some risk of bankruptcy.
  • NXST's Altman-Z score of 1.81 is fine compared to the rest of the industry. NXST outperforms 68.13% of its industry peers.
  • NXST has a debt to FCF ratio of 6.62. This is a slightly negative value and a sign of low solvency as NXST would need 6.62 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 6.62, NXST is doing good in the industry, outperforming 73.63% of the companies in the same industry.
  • A Debt/Equity ratio of 2.73 is on the high side and indicates that NXST has dependencies on debt financing.
  • The Debt to Equity ratio of NXST (2.73) is worse than 73.63% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.73
Debt/FCF 6.62
Altman-Z 1.81
ROIC/WACC1.01
WACC6.84%
NXST Yearly LT Debt VS Equity VS FCFNXST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B

2.3 Liquidity

  • NXST has a Current Ratio of 1.87. This is a normal value and indicates that NXST is financially healthy and should not expect problems in meeting its short term obligations.
  • NXST has a Current ratio of 1.87. This is in the better half of the industry: NXST outperforms 72.53% of its industry peers.
  • NXST has a Quick Ratio of 1.87. This is a normal value and indicates that NXST is financially healthy and should not expect problems in meeting its short term obligations.
  • NXST's Quick ratio of 1.87 is fine compared to the rest of the industry. NXST outperforms 74.73% of its industry peers.
Industry RankSector Rank
Current Ratio 1.87
Quick Ratio 1.87
NXST Yearly Current Assets VS Current LiabilitesNXST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. NXST Growth Analysis

3.1 Past

  • The earnings per share for NXST have decreased strongly by -27.31% in the last year.
  • Measured over the past years, NXST shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.00% on average per year.
EPS 1Y (TTM)-27.31%
EPS 3Y-13.46%
EPS 5Y-2%
EPS Q2Q%-12.3%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.37%

3.2 Future

  • NXST is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.34% yearly.
  • Based on estimates for the next years, NXST will show a decrease in Revenue. The Revenue will decrease by -0.68% on average per year.
EPS Next Y64.53%
EPS Next 2Y7.6%
EPS Next 3Y25.6%
EPS Next 5Y13.34%
Revenue Next Year10.33%
Revenue Next 2Y1.42%
Revenue Next 3Y3.87%
Revenue Next 5Y-0.68%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
NXST Yearly Revenue VS EstimatesNXST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B 5B
NXST Yearly EPS VS EstimatesNXST Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30

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7

4. NXST Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 15.56 indicates a correct valuation of NXST.
  • Compared to the rest of the industry, the Price/Earnings ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 73.63% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.83. NXST is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 9.46, the valuation of NXST can be described as reasonable.
  • NXST's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NXST is cheaper than 74.73% of the companies in the same industry.
  • NXST's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.95.
Industry RankSector Rank
PE 15.56
Fwd PE 9.46
NXST Price Earnings VS Forward Price EarningsNXST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 76.92% of the companies listed in the same industry.
  • 78.02% of the companies in the same industry are more expensive than NXST, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 7.69
EV/EBITDA 7.32
NXST Per share dataNXST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 -100

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • NXST has an outstanding profitability rating, which may justify a higher PE ratio.
  • NXST's earnings are expected to grow with 25.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y7.6%
EPS Next 3Y25.6%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. NXST Dividend Analysis

5.1 Amount

  • NXST has a Yearly Dividend Yield of 2.96%.
  • NXST's Dividend Yield is rather good when compared to the industry average which is at 1.07. NXST pays more dividend than 85.71% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, NXST pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.96%

5.2 History

  • The dividend of NXST is nicely growing with an annual growth rate of 30.53%!
  • NXST has paid a dividend for at least 10 years, which is a reliable track record.
  • NXST has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)30.53%
Div Incr Years11
Div Non Decr Years11
NXST Yearly Dividends per shareNXST Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • 42.42% of the earnings are spent on dividend by NXST. This is a bit on the high side, but may be sustainable.
  • The dividend of NXST is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.42%
EPS Next 2Y7.6%
EPS Next 3Y25.6%
NXST Yearly Income VS Free CF VS DividendNXST Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2B -4B
NXST Dividend Payout.NXST Dividend Payout, showing the Payout Ratio.NXST Dividend Payout.PayoutRetained Earnings

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NXST Fundamentals: All Metrics, Ratios and Statistics

NEXSTAR MEDIA GROUP INC

NASDAQ:NXST (3/3/2026, 8:00:02 PM)

After market: 243.55 0 (0%)

243.55

-3.69 (-1.49%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-26
Earnings (Next)05-07
Inst Owners107.29%
Inst Owner Change-3.43%
Ins Owners6.63%
Ins Owner Change0.08%
Market Cap7.39B
Revenue(TTM)N/A
Net Income(TTM)521.00M
Analysts81.43
Price Target237.69 (-2.41%)
Short Float %7.78%
Short Ratio6.44
Dividend
Industry RankSector Rank
Dividend Yield 2.96%
Yearly Dividend6.82
Dividend Growth(5Y)30.53%
DP42.42%
Div Incr Years11
Div Non Decr Years11
Ex-Date02-13
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.03%
Min EPS beat(2)-17.63%
Max EPS beat(2)27.68%
EPS beat(4)2
Avg EPS beat(4)1.02%
Min EPS beat(4)-17.63%
Max EPS beat(4)27.68%
EPS beat(8)3
Avg EPS beat(8)-1.41%
EPS beat(12)5
Avg EPS beat(12)-6.1%
EPS beat(16)9
Avg EPS beat(16)0.57%
Revenue beat(2)0
Avg Revenue beat(2)-1.3%
Min Revenue beat(2)-2.2%
Max Revenue beat(2)-0.41%
Revenue beat(4)0
Avg Revenue beat(4)-1.58%
Min Revenue beat(4)-2.2%
Max Revenue beat(4)-0.41%
Revenue beat(8)0
Avg Revenue beat(8)-2.2%
Revenue beat(12)0
Avg Revenue beat(12)-2.25%
Revenue beat(16)1
Avg Revenue beat(16)-2.02%
PT rev (1m)1.36%
PT rev (3m)0.87%
EPS NQ rev (1m)-0.92%
EPS NQ rev (3m)0.31%
EPS NY rev (1m)0.03%
EPS NY rev (3m)-8.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.44%
Valuation
Industry RankSector Rank
PE 15.56
Fwd PE 9.46
P/S 1.43
P/FCF 7.69
P/OCF 6.64
P/B 3.23
P/tB N/A
EV/EBITDA 7.32
EPS(TTM)15.65
EY6.43%
EPS(NY)25.75
Fwd EY10.57%
FCF(TTM)31.68
FCFY13.01%
OCF(TTM)36.66
OCFY15.05%
SpS169.73
BVpS75.37
TBVpS-172.96
PEG (NY)0.24
PEG (5Y)N/A
Graham Number162.91
Profitability
Industry RankSector Rank
ROA 4.63%
ROE 22.79%
ROCE 9.99%
ROIC 6.92%
ROICexc 7.08%
ROICexgc 26.56%
OM 20.38%
PM (TTM) 10.12%
GM 57.23%
FCFM 18.67%
ROA(3y)5.61%
ROA(5y)5.83%
ROE(3y)27.49%
ROE(5y)28.8%
ROIC(3y)7.17%
ROIC(5y)7.11%
ROICexc(3y)7.27%
ROICexc(5y)7.21%
ROICexgc(3y)26.43%
ROICexgc(5y)25.55%
ROCE(3y)10.35%
ROCE(5y)10.27%
ROICexgc growth 3Y11.09%
ROICexgc growth 5Y21.54%
ROICexc growth 3Y7.99%
ROICexc growth 5Y20.33%
OM growth 3Y-2.43%
OM growth 5Y3.14%
PM growth 3Y-9.4%
PM growth 5Y12%
GM growth 3Y-0.59%
GM growth 5Y1.16%
F-Score7
Asset Turnover0.46
Health
Industry RankSector Rank
Debt/Equity 2.73
Debt/FCF 6.62
Debt/EBITDA 3.36
Cap/Depr 18.6%
Cap/Sales 2.93%
Interest Coverage 2.75
Cash Conversion 59.75%
Profit Quality 184.45%
Current Ratio 1.87
Quick Ratio 1.87
Altman-Z 1.81
F-Score7
WACC6.84%
ROIC/WACC1.01
Cap/Depr(3y)20.53%
Cap/Depr(5y)43.5%
Cap/Sales(3y)3.16%
Cap/Sales(5y)5.82%
Profit Quality(3y)172%
Profit Quality(5y)141.43%
High Growth Momentum
Growth
EPS 1Y (TTM)-27.31%
EPS 3Y-13.46%
EPS 5Y-2%
EPS Q2Q%-12.3%
EPS Next Y64.53%
EPS Next 2Y7.6%
EPS Next 3Y25.6%
EPS Next 5Y13.34%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.37%
Revenue Next Year10.33%
Revenue Next 2Y1.42%
Revenue Next 3Y3.87%
Revenue Next 5Y-0.68%
EBIT growth 1Y-6%
EBIT growth 3Y2.62%
EBIT growth 5Y15.73%
EBIT Next Year14%
EBIT Next 3Y6.01%
EBIT Next 5Y2.65%
FCF growth 1Y11.14%
FCF growth 3Y6.08%
FCF growth 5YN/A
OCF growth 1Y7.44%
OCF growth 3Y0.96%
OCF growth 5Y24.52%

NEXSTAR MEDIA GROUP INC / NXST FAQ

What is the ChartMill fundamental rating of NEXSTAR MEDIA GROUP INC (NXST) stock?

ChartMill assigns a fundamental rating of 5 / 10 to NXST.


Can you provide the valuation status for NEXSTAR MEDIA GROUP INC?

ChartMill assigns a valuation rating of 7 / 10 to NEXSTAR MEDIA GROUP INC (NXST). This can be considered as Undervalued.


Can you provide the profitability details for NEXSTAR MEDIA GROUP INC?

NEXSTAR MEDIA GROUP INC (NXST) has a profitability rating of 8 / 10.


How financially healthy is NEXSTAR MEDIA GROUP INC?

The financial health rating of NEXSTAR MEDIA GROUP INC (NXST) is 4 / 10.


Can you provide the dividend sustainability for NXST stock?

The dividend rating of NEXSTAR MEDIA GROUP INC (NXST) is 7 / 10 and the dividend payout ratio is 42.42%.