NEXSTAR MEDIA GROUP INC (NXST) Fundamental Analysis & Valuation

NASDAQ:NXST • US65336K1034

247.75 USD
-5.89 (-2.32%)
At close: Mar 6, 2026
247.75 USD
0 (0%)
After Hours: 3/6/2026, 8:00:02 PM

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

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to NXST. NXST was compared to 91 industry peers in the Media industry. NXST has only an average score on both its financial health and profitability. NXST has a bad growth rate and is valued cheaply. This makes NXST very considerable for value investing!


Dividend Valuation Growth Profitability Health

6

1. NXST Profitability Analysis

1.1 Basic Checks

  • NXST had positive earnings in the past year.
  • In the past year NXST had a positive cash flow from operations.
  • In the past 5 years NXST has always been profitable.
  • NXST had a positive operating cash flow in each 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 2025 0 -2B -4B

1.2 Ratios

  • With a decent Return On Assets value of 0.85%, NXST is doing good in the industry, outperforming 74.73% of the companies in the same industry.
  • NXST's Return On Equity of 4.46% is fine compared to the rest of the industry. NXST outperforms 75.82% of its industry peers.
  • NXST has a Return On Invested Capital of 5.39%. This is in the better half of the industry: NXST outperforms 73.63% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NXST is in line with the industry average of 6.87%.
Industry RankSector Rank
ROA 0.85%
ROE 4.46%
ROIC 5.39%
ROA(3y)3.34%
ROA(5y)4.79%
ROE(3y)17.17%
ROE(5y)23.24%
ROIC(3y)5.76%
ROIC(5y)6.22%
NXST Yearly ROA, ROE, ROICNXST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

1.3 Margins

  • Looking at the Profit Margin, with a value of 1.86%, NXST is in the better half of the industry, outperforming 74.73% of the companies in the same industry.
  • NXST's Profit Margin has declined in the last couple of years.
  • NXST has a Operating Margin of 17.45%. This is amongst the best in the industry. NXST outperforms 89.01% of its industry peers.
  • NXST's Operating Margin has declined in the last couple of years.
  • NXST's Gross Margin of 55.37% is fine compared to the rest of the industry. NXST outperforms 64.84% of its industry peers.
  • In the last couple of years the Gross Margin of NXST has declined.
Industry RankSector Rank
OM 17.45%
PM (TTM) 1.86%
GM 55.37%
OM growth 3Y-14.33%
OM growth 5Y-10.37%
PM growth 3Y-53.62%
PM growth 5Y-36.51%
GM growth 3Y-3.72%
GM growth 5Y-2.33%
NXST Yearly Profit, Operating, Gross MarginsNXST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

5

2. NXST Health Analysis

2.1 Basic Checks

  • NXST has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, NXST has less shares outstanding
  • The number of shares outstanding for NXST has been reduced compared to 5 years ago.
  • NXST has a worse debt/assets ratio than last year.
NXST Yearly Shares OutstandingNXST Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • NXST has an Altman-Z score of 1.79. This is a bad value and indicates that NXST is not financially healthy and even has some risk of bankruptcy.
  • NXST has a better Altman-Z score (1.79) than 65.93% of its industry peers.
  • The Debt to FCF ratio of NXST is 8.78, which is on the high side as it means it would take NXST, 8.78 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 8.78, NXST is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
  • NXST has a Debt/Equity ratio of 3.01. This is a high value indicating a heavy dependency on external financing.
  • NXST's Debt to Equity ratio of 3.01 is on the low side compared to the rest of the industry. NXST is outperformed by 73.63% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.01
Debt/FCF 8.78
Altman-Z 1.79
ROIC/WACC0.83
WACC6.5%
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 2025 0 5B -5B

2.3 Liquidity

  • A Current Ratio of 2.07 indicates that NXST has no problem at all paying its short term obligations.
  • NXST has a better Current ratio (2.07) than 76.92% of its industry peers.
  • A Quick Ratio of 2.07 indicates that NXST has no problem at all paying its short term obligations.
  • NXST has a better Quick ratio (2.07) than 79.12% of its industry peers.
Industry RankSector Rank
Current Ratio 2.07
Quick Ratio 2.07
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 2025 500M 1B 1.5B

2

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.
  • The Revenue has decreased by -8.44% in the past year.
  • NXST shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.91% yearly.
EPS 1Y (TTM)-27.31%
EPS 3Y-13.46%
EPS 5Y-2%
EPS Q2Q%-12.3%
Revenue 1Y (TTM)-8.44%
Revenue growth 3Y-1.7%
Revenue growth 5Y1.91%
Sales Q2Q%-13.37%

3.2 Future

  • The Earnings Per Share is expected to grow by 13.34% on average over the next years. This is quite good.
  • 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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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

7

4. NXST Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 15.83, the valuation of NXST can be described as correct.
  • Compared to the rest of the industry, the Price/Earnings ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 74.73% of the companies listed in the same industry.
  • NXST's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.29.
  • The Price/Forward Earnings ratio is 9.62, which indicates a very decent valuation of NXST.
  • Based on the Price/Forward Earnings ratio, NXST is valued a bit cheaper than 73.63% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.57. NXST is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 15.83
Fwd PE 9.62
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

  • 71.43% of the companies in the same industry are more expensive than NXST, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, NXST is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 10.42
EV/EBITDA 8.34
NXST Per share dataNXST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 -100

4.3 Compensation for Growth

  • NXST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of NXST 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)0.25
PEG (5Y)N/A
EPS Next 2Y7.6%
EPS Next 3Y25.6%

6

5. NXST Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.93%, NXST has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.07, NXST pays a better dividend. On top of this NXST pays more dividend than 85.71% of the companies listed 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 2.93%

5.2 History

  • The dividend of NXST is nicely growing with an annual growth rate of 26.72%!
  • 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)26.72%
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

  • NXST pays out 245.65% of its income as dividend. This is not a sustainable payout ratio.
  • NXST's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP245.65%
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 2025 0 -2B -4B
NXST Dividend Payout.NXST Dividend Payout, showing the Payout Ratio.NXST Dividend Payout.PayoutRetained Earnings

NXST Fundamentals: All Metrics, Ratios and Statistics

NEXSTAR MEDIA GROUP INC

NASDAQ:NXST (3/6/2026, 8:00:02 PM)

After market: 247.75 0 (0%)

247.75

-5.89 (-2.32%)

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 Cap7.51B
Revenue(TTM)4.95B
Net Income(TTM)92.00M
Analysts81.43
Price Target237.69 (-4.06%)
Short Float %7.78%
Short Ratio6.44
Dividend
Industry RankSector Rank
Dividend Yield 2.93%
Yearly Dividend7.42
Dividend Growth(5Y)26.72%
DP245.65%
Div Incr Years11
Div Non Decr Years11
Ex-Date02-13
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)28.48%
Min EPS beat(2)-17.63%
Max EPS beat(2)74.59%
EPS beat(4)3
Avg EPS beat(4)21.67%
Min EPS beat(4)-17.63%
Max EPS beat(4)74.59%
EPS beat(8)4
Avg EPS beat(8)10.61%
EPS beat(12)6
Avg EPS beat(12)3.21%
EPS beat(16)9
Avg EPS beat(16)3.84%
Revenue beat(2)1
Avg Revenue beat(2)-0.59%
Min Revenue beat(2)-2.2%
Max Revenue beat(2)1.02%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-2.2%
Max Revenue beat(4)1.02%
Revenue beat(8)1
Avg Revenue beat(8)-1.72%
Revenue beat(12)1
Avg Revenue beat(12)-1.93%
Revenue beat(16)2
Avg Revenue beat(16)-1.89%
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 15.83
Fwd PE 9.62
P/S 1.52
P/FCF 10.42
P/OCF 8.43
P/B 3.64
P/tB N/A
EV/EBITDA 8.34
EPS(TTM)15.65
EY6.32%
EPS(NY)25.75
Fwd EY10.39%
FCF(TTM)23.77
FCFY9.6%
OCF(TTM)29.38
OCFY11.86%
SpS163.2
BVpS68.05
TBVpS-177.45
PEG (NY)0.25
PEG (5Y)N/A
Graham Number154.8
Profitability
Industry RankSector Rank
ROA 0.85%
ROE 4.46%
ROCE 8.52%
ROIC 5.39%
ROICexc 5.55%
ROICexgc 22.69%
OM 17.45%
PM (TTM) 1.86%
GM 55.37%
FCFM 14.57%
ROA(3y)3.34%
ROA(5y)4.79%
ROE(3y)17.17%
ROE(5y)23.24%
ROIC(3y)5.76%
ROIC(5y)6.22%
ROICexc(3y)5.86%
ROICexc(5y)6.33%
ROICexgc(3y)22.4%
ROICexgc(5y)23.21%
ROCE(3y)9.1%
ROCE(5y)9.83%
ROICexgc growth 3Y-6.7%
ROICexgc growth 5Y-0.54%
ROICexc growth 3Y-11.13%
ROICexc growth 5Y-4.18%
OM growth 3Y-14.33%
OM growth 5Y-10.37%
PM growth 3Y-53.62%
PM growth 5Y-36.51%
GM growth 3Y-3.72%
GM growth 5Y-2.33%
F-Score5
Asset Turnover0.46
Health
Industry RankSector Rank
Debt/Equity 3.01
Debt/FCF 8.78
Debt/EBITDA 3.77
Cap/Depr 21.66%
Cap/Sales 3.43%
Interest Coverage 2.32
Cash Conversion 54.03%
Profit Quality 783.7%
Current Ratio 2.07
Quick Ratio 2.07
Altman-Z 1.79
F-Score5
WACC6.5%
ROIC/WACC0.83
Cap/Depr(3y)19.82%
Cap/Depr(5y)26.47%
Cap/Sales(3y)3.3%
Cap/Sales(5y)3.83%
Profit Quality(3y)390.48%
Profit Quality(5y)282.12%
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)-8.44%
Revenue growth 3Y-1.7%
Revenue growth 5Y1.91%
Sales Q2Q%-13.37%
Revenue Next Year10.33%
Revenue Next 2Y1.42%
Revenue Next 3Y3.87%
Revenue Next 5Y-0.68%
EBIT growth 1Y-33.08%
EBIT growth 3Y-15.79%
EBIT growth 5Y-8.66%
EBIT Next Year141.73%
EBIT Next 3Y34.34%
EBIT Next 5Y16.8%
FCF growth 1Y-34.75%
FCF growth 3Y-16.66%
FCF growth 5Y2.07%
OCF growth 1Y-28.72%
OCF growth 3Y-14.04%
OCF growth 5Y-6.61%

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 6 / 10.


How financially healthy is NEXSTAR MEDIA GROUP INC?

The financial health rating of NEXSTAR MEDIA GROUP INC (NXST) is 5 / 10.


Can you provide the dividend sustainability for NXST stock?

The dividend rating of NEXSTAR MEDIA GROUP INC (NXST) is 6 / 10 and the dividend payout ratio is 245.65%.