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

Taking everything into account, NXST scores 5 out of 10 in our fundamental rating. NXST was compared to 91 industry peers in the Media industry. While NXST belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NXST has a valuation in line with the averages, but it does not seem to be growing. NXST also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • NXST had positive earnings in the past year.
  • NXST had a positive operating cash flow in the past year.
  • NXST had positive earnings in each of the past 5 years.
  • In the past 5 years NXST always reported a positive cash flow from operatings.
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

  • With an excellent Return On Assets value of 4.63%, NXST belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
  • The Return On Equity of NXST (22.79%) is better 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.
  • Measured over the past 3 years, the Average Return On Invested Capital for NXST 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

  • NXST has a Profit Margin of 10.12%. This is amongst the best in the industry. NXST outperforms 87.91% of its industry peers.
  • In the last couple of years the Profit Margin of NXST has grown nicely.
  • Looking at the Operating Margin, with a value of 20.38%, NXST belongs to the top 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.
  • The Gross Margin of NXST (57.23%) is better than 72.53% of its industry peers.
  • 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

  • NXST has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for NXST has been reduced compared to 1 year ago.
  • NXST has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for NXST is higher compared to a year ago.
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 1.77, we must say that NXST is in the distress zone and has some risk of bankruptcy.
  • NXST has a better Altman-Z score (1.77) than 65.93% 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.
  • The Debt to FCF ratio of NXST (6.62) is better than 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.
  • Looking at the Debt to Equity ratio, with a value of 2.73, NXST is doing worse than 73.63% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.73
Debt/FCF 6.62
Altman-Z 1.77
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.
  • 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.
  • A Quick Ratio of 1.87 indicates that NXST should not have too much problems paying its short term obligations.
  • NXST has a Quick ratio of 1.87. This is in the better half 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

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.
  • NXST shows a decrease in Revenue. In the last year, the revenue decreased by -1.44%.
  • 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

  • Based on estimates for the next years, NXST will show a decrease in Earnings Per Share. The EPS will decrease by -1.31% on average per year.
  • 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

  • A Price/Earnings ratio of 13.96 indicates a correct valuation of NXST.
  • Based on the Price/Earnings ratio, NXST is valued a bit cheaper than 75.82% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of NXST to the average of the S&P500 Index (26.99), we can say NXST is valued slightly cheaper.
  • The Price/Forward Earnings ratio is 9.04, which indicates a very decent valuation of NXST.
  • Based on the Price/Forward Earnings ratio, NXST is valued a bit cheaper than 75.82% 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 28.06.
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

  • 76.92% of the companies in the same industry are more expensive than NXST, based on the Enterprise Value to EBITDA ratio.
  • NXST's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NXST is cheaper than 76.92% of the companies in the same industry.
Industry RankSector Rank
P/FCF 7.3
EV/EBITDA 7.06
NXST Per share dataNXST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 -100

4.3 Compensation for Growth

  • The excellent profitability rating of NXST 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

  • NXST has a Yearly Dividend Yield of 3.16%.
  • NXST's Dividend Yield is rather good when compared to the industry average which is at 1.12. 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 1.81.
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-4.03%
Ins Owners6.63%
Ins Owner Change0.08%
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)-0.49%
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 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 7.06
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 1.77
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%.