NEXSTAR MEDIA GROUP INC (NXST) Fundamental Analysis & Valuation

NASDAQ:NXST • US65336K1034

246.7 USD
-1.05 (-0.42%)
At close: Mar 9, 2026
246.7 USD
0 (0%)
After Hours: 3/9/2026, 8:26:19 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

Overall NXST gets a fundamental rating of 5 out of 10. We evaluated NXST against 91 industry peers in the Media industry. NXST has an average financial health and profitability rating. NXST is valued quite cheap, but it does not seem to be growing. These ratings could make NXST a good candidate 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

  • The Return On Assets of NXST (0.85%) is better than 75.82% of its industry peers.
  • Looking at the Return On Equity, with a value of 4.46%, NXST is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
  • NXST's Return On Invested Capital of 5.39% is fine compared to the rest of the industry. NXST outperforms 73.63% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for NXST is in line with the industry average of 6.71%.
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

  • The Profit Margin of NXST (1.86%) is better than 75.82% of its industry peers.
  • In the last couple of years the Profit Margin of NXST has declined.
  • NXST's Operating Margin of 17.45% is amongst the best of the industry. NXST outperforms 87.91% of its industry peers.
  • NXST's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 55.37%, NXST is in the better half of the industry, outperforming 64.84% of the companies in the same industry.
  • 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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NXST is destroying value.
  • The number of shares outstanding for NXST has been reduced compared to 1 year ago.
  • The number of shares outstanding for NXST has been reduced compared to 5 years ago.
  • Compared to 1 year ago, NXST has a worse debt to assets ratio.
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

  • Based on the Altman-Z score of 1.77, we must say that NXST is in the distress zone and has some risk of bankruptcy.
  • NXST's Altman-Z score of 1.77 is fine compared to the rest of the industry. NXST outperforms 67.03% 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.
  • A Debt/Equity ratio of 3.01 is on the high side and indicates that NXST has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 3.01, NXST is doing worse than 73.63% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 3.01
Debt/FCF 8.78
Altman-Z 1.77
ROIC/WACC0.84
WACC6.42%
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.
  • NXST has a Quick Ratio of 2.07. This indicates that NXST is financially healthy and has no problem in meeting its short term obligations.
  • The Quick ratio of NXST (2.07) is better 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

  • NXST shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.31%.
  • The Earnings Per Share has been decreasing by -2.00% on average over the past years.
  • Looking at the last year, NXST shows a decrease in Revenue. The Revenue has decreased by -8.44% in the last year.
  • Measured over the past years, NXST shows a small growth in Revenue. The Revenue has been growing by 1.91% on average per year.
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

  • 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.
  • The Revenue is expected to decrease by -0.68% on average over the next years.
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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less 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

7

4. NXST Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 15.76, NXST is valued correctly.
  • NXST's Price/Earnings ratio is a bit cheaper when compared to the industry. NXST is cheaper than 74.73% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.46. NXST is valued slightly cheaper when compared to this.
  • NXST is valuated reasonably with a Price/Forward Earnings ratio of 9.58.
  • 75.82% of the companies in the same industry are more expensive than NXST, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of NXST to the average of the S&P500 Index (24.65), we can say NXST is valued rather cheaply.
Industry RankSector Rank
PE 15.76
Fwd PE 9.58
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 74.73% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, NXST is valued a bit cheaper than the industry average as 70.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 10.38
EV/EBITDA 8.23
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.
  • The decent profitability rating of NXST may justify a higher PE ratio.
  • A more expensive valuation may be justified as NXST's earnings are expected to grow with 25.60% in the coming years.
PEG (NY)0.24
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.
  • NXST's Dividend Yield is rather good when compared to the industry average which is at 1.06. NXST pays more dividend than 85.71% of the companies in the same industry.
  • NXST's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
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 been paying a dividend for at least 10 years, so it has 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

  • 245.65% of the earnings are spent on dividend by NXST. This is not a sustainable payout ratio.
  • The dividend of NXST is growing, but the earnings are growing slower. 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 (3/9/2026, 8:26:19 PM)

After market: 246.7 0 (0%)

246.7

-1.05 (-0.42%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-26
Earnings (Next)05-07
Inst Owners103.01%
Inst Owner Change-3.43%
Ins Owners6.63%
Ins Owner Change7.92%
Market Cap7.48B
Revenue(TTM)4.95B
Net Income(TTM)92.00M
Analysts81.43
Price Target237.69 (-3.65%)
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)1.64%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)1.3%
EPS NY rev (1m)0.57%
EPS NY rev (3m)0.88%
Revenue NQ rev (1m)-0.62%
Revenue NQ rev (3m)-1.07%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.07%
Valuation
Industry RankSector Rank
PE 15.76
Fwd PE 9.58
P/S 1.51
P/FCF 10.38
P/OCF 8.4
P/B 3.63
P/tB N/A
EV/EBITDA 8.23
EPS(TTM)15.65
EY6.34%
EPS(NY)25.75
Fwd EY10.44%
FCF(TTM)23.77
FCFY9.64%
OCF(TTM)29.38
OCFY11.91%
SpS163.2
BVpS68.05
TBVpS-177.45
PEG (NY)0.24
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 1.77
F-Score5
WACC6.42%
ROIC/WACC0.84
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%.