NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis

NASDAQ:NXST • US65336K1034

231.44 USD
-1.92 (-0.82%)
At close: Feb 20, 2026
231.44 USD
0 (0%)
After Hours: 2/20/2026, 8:00:01 PM
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 an excellent profitability rating, but there are some minor concerns on its financial health. NXST has a valuation in line with the averages, but on the other hand it scores bad on growth. NXST also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year NXST was profitable.
  • NXST had a positive operating cash flow in the past year.
  • Each year in the past 5 years NXST has been profitable.
  • Each year in the past 5 years NXST had a positive operating cash flow.
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

  • NXST's Return On Assets of 4.63% is amongst the best of the industry. NXST outperforms 84.62% of its industry peers.
  • NXST has a better Return On Equity (22.79%) than 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.
  • NXST had an Average Return On Invested Capital over the past 3 years of 7.17%. This is in line with the industry average of 7.02%.
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

  • The Profit Margin of NXST (10.12%) is better than 87.91% of its industry peers.
  • NXST's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 20.38%, NXST belongs to the best of the industry, outperforming 94.51% of the companies in the same industry.
  • NXST's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 57.23%, NXST is in the better half of the industry, outperforming 72.53% of the companies in the same industry.
  • NXST's Gross Margin has been stable in the last couple of years.
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

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NXST is creating some value.
  • Compared to 1 year ago, NXST has less shares outstanding
  • Compared to 5 years ago, NXST has less shares outstanding
  • 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 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

  • NXST has an Altman-Z score of 1.78. This is a bad value and indicates that NXST is not financially healthy and even has some risk of bankruptcy.
  • NXST has a Altman-Z score of 1.78. This is in the better half of the industry: NXST outperforms 67.03% of its industry peers.
  • The Debt to FCF ratio of NXST is 6.62, which is on the high side as it means it would take NXST, 6.62 years of fcf income to pay off all of its debts.
  • NXST has a Debt to FCF ratio of 6.62. This is in the better half of the industry: NXST outperforms 73.63% of its industry peers.
  • A Debt/Equity ratio of 2.73 is on the high side and indicates that NXST has dependencies on debt financing.
  • NXST's Debt to Equity ratio of 2.73 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 2.73
Debt/FCF 6.62
Altman-Z 1.78
ROIC/WACC1.04
WACC6.65%
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.
  • Looking at the Current ratio, with a value of 1.87, NXST is in the better half of the industry, outperforming 72.53% of the companies in the same industry.
  • A Quick Ratio of 1.87 indicates that NXST should not have too much problems paying its short term obligations.
  • NXST has a better Quick ratio (1.87) than 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

3

3. Growth

3.1 Past

  • NXST shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.11%.
  • Measured over the past years, NXST shows a very strong growth in Earnings Per Share. The EPS has been growing by 39.47% on average per year.
  • The Revenue has decreased by -1.44% in the past year.
  • NXST shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.21% yearly.
EPS 1Y (TTM)-4.11%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-59.39%
Revenue 1Y (TTM)-1.44%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-12.3%

3.2 Future

  • NXST is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.31% yearly.
  • The Revenue is expected to decrease by -1.82% on average over the next years.
EPS Next Y-40.6%
EPS Next 2Y9.05%
EPS Next 3Y-5.75%
EPS Next 5Y-1.31%
Revenue Next Year-9.43%
Revenue Next 2Y-0.05%
Revenue Next 3Y-2.37%
Revenue Next 5Y-1.82%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.96, 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 75.82% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.99. NXST is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 9.04, which indicates a very decent valuation of NXST.
  • 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.
  • When comparing the Price/Forward Earnings ratio of NXST to the average of the S&P500 Index (28.06), we can say NXST is valued rather cheaply.
Industry RankSector Rank
PE 13.96
Fwd PE 9.04
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

  • Based on the Enterprise Value to EBITDA ratio, NXST is valued a bit cheaper than 76.92% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, NXST is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 7.3
EV/EBITDA 7.09
NXST Per share dataNXST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 -100

4.3 Compensation for Growth

  • NXST has an outstanding profitability rating, which may justify a higher PE ratio.
  • NXST's earnings are expected to decrease with -5.75% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.35
EPS Next 2Y9.05%
EPS Next 3Y-5.75%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.16%, NXST has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.16, 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 1.85, NXST pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.16%

5.2 History

  • On average, the dividend of NXST grows each year by 30.53%, which is quite nice.
  • NXST has paid a dividend for at least 10 years, which is a reliable track record.
  • NXST has not decreased their dividend for at least 10 years, which is a reliable track record.
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

  • NXST pays out 42.42% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.42%
EPS Next 2Y9.05%
EPS Next 3Y-5.75%
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

NEXSTAR MEDIA GROUP INC

NASDAQ:NXST (2/20/2026, 8:00:01 PM)

After market: 231.44 0 (0%)

231.44

-1.92 (-0.82%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)11-06
Earnings (Next)02-26
Inst Owners107.29%
Inst Owner Change-2.16%
Ins Owners6.63%
Ins Owner Change0.36%
Market Cap7.02B
Revenue(TTM)5.15B
Net Income(TTM)521.00M
Analysts81.43
Price Target234.5 (1.32%)
Short Float %6.39%
Short Ratio5.46
Dividend
Industry RankSector Rank
Dividend Yield 3.16%
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)0%
PT rev (3m)-0.63%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)-4.77%
EPS NY rev (1m)0.24%
EPS NY rev (3m)-8.35%
Revenue NQ rev (1m)0.16%
Revenue NQ rev (3m)-0.93%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.44%
Valuation
Industry RankSector Rank
PE 13.96
Fwd PE 9.04
P/S 1.36
P/FCF 7.3
P/OCF 6.31
P/B 3.07
P/tB N/A
EV/EBITDA 7.09
EPS(TTM)16.58
EY7.16%
EPS(NY)25.6
Fwd EY11.06%
FCF(TTM)31.68
FCFY13.69%
OCF(TTM)36.66
OCFY15.84%
SpS169.73
BVpS75.37
TBVpS-172.96
PEG (NY)N/A
PEG (5Y)0.35
Graham Number167.68
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 1.78
F-Score7
WACC6.65%
ROIC/WACC1.04
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)-4.11%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-59.39%
EPS Next Y-40.6%
EPS Next 2Y9.05%
EPS Next 3Y-5.75%
EPS Next 5Y-1.31%
Revenue 1Y (TTM)-1.44%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-12.3%
Revenue Next Year-9.43%
Revenue Next 2Y-0.05%
Revenue Next 3Y-2.37%
Revenue Next 5Y-1.82%
EBIT growth 1Y-6%
EBIT growth 3Y2.62%
EBIT growth 5Y15.73%
EBIT Next Year13.92%
EBIT Next 3Y5.99%
EBIT Next 5Y2.21%
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 6 / 10 to NEXSTAR MEDIA GROUP INC (NXST). This can be considered as Fairly Valued.


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%.