Nexstar Media Group, Inc.
NXSTCommunication ServicesNASDAQBroadcasting · Last scanned Jun 3, 2026
Scan Results
Daily timeframeNexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. With a market capitalization of $5.53B, it sits in mid-cap territory. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services.
Market Cap
$5.53B
Beta
0.96
P/E (TTM)
38.39
P/E (Fwd)
7.49
EPS (TTM)
$4.72
EPS (Fwd)
$24.20
ROE
6.6%
ROA
4.1%
Cash
$379.0M
Total Debt
$12.49B
Free CF
$663.8M
52W Change
9.3%
Annual Financials
Cash vs Debt
Nexstar Media Group, Inc. carries $12.49B in total debt against $379.0M in cash reserves — debt is roughly 33.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $663.8M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 6.6%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.1% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $5.21B (2022) to $4.95B (2025).
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Nexstar Media Group, Inc.'s trajectory.