Company Analysis

Nexstar Media Group, Inc. (NXST)

Nasdaq: NXST · Television Broadcasting Stations · Irving, TX · filing with the SEC since 2001
Grade5.7
◀ Past 7.4● Present 5.8▶ Future 3.9

The grade of Nexstar Media Group, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.7/10
◀ Past7.430% of the headline
● Present5.840% of the headline
▶ Future3.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.4/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 75th percentile among 14 sector filers · read for itself

From the record

Nexstar Media Group, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.0/10

What has it actually done, year after year?

+9.3% a year over 9 filed years; profitable in 9 of 9.

weight 45% of this tense · 70th percentile among 12 sector filers · read for its customers

From the record

Nexstar Media Group, Inc.'s 9 filed years say what it did: revenue went from $2.4 billion in fiscal 2017 to $4.9 billion in fiscal 2025, up 9.3% a year; it rose in 6 of 8 years; the deepest fall was 8% from fiscal 2024 to fiscal 2025; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span9.3%top 29% of its family
  • the share of years revenue rosebottom 46% of its family
  • the share of filed years with a profittop 17% of its family
  • the deepest fall from a revenue peak8.5%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.3/10

How has it treated the people who own it?

Share count shrank 8.6% a year. 63% of cash flow returned. Insiders: 61 sales, 1 purchases.

weight 22% of this tense · 83rd percentile among 8 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Nexstar Media Group, Inc.'s diluted share count shrank about 8.6% a year, and dividends and buybacks returned about 63% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 61 sales and 1 purchase of their own stock on the open market in the year to 2026-11-10, buying about $2 million (their Form 4 filings).

What it rests on

  • the share count over the yearstop 6% of its family
  • cash returned against operating cash flowtop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.7/10

Is it financially healthy right now?

ROE 5%: 5¢ of profit per shareholder dollar. Leverage 81%: owes 81¢ per asset dollar.

weight 33% of this tense · 57th percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Nexstar Media Group, Inc. earned about 5 cents of profit for every dollar of shareholders' money. Leverage: it owed about 81 cents per dollar of assets, and net share issuance: its share count shrank 6.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 18% of its family
  • return on equitytop 42% of its family
  • the share count against the year beforetop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.8/10

How strong is its position in its industry?

top 42% of 14 in its family; net margin 2.2%.

weight 45% of this tense · 58th percentile among 14 sector filers · read for its customers

From the record

Nexstar Media Group, Inc.'s standing among 14 graded names in its industry family: revenue of $4.9 billion in fiscal 2025 ranks in the top 35% by size; a net margin of 2.2% ranks in the top 39%; revenue growth of -1.7% a year over the last 3 filed years ranks in the bottom 46% (its annual reports).

What it rests on

  • revenue against the family$4.95Btop 35% of its family
  • net margin2.2%top 39% of its family
  • three-year revenue growth-1.7%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.9/10

What are the people in charge doing?

top 41% of 10 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 59th percentile among 10 sector filers · read for its shareholders

From the record

Nexstar Media Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Sook, Perry A (Chief Executive Officer, as filed), filing under that title since 2006-08-18, 20.2 years (top 5% of its family); the 23 officers and directors filing in the last fifteen months have been on the record a median of 7.1 years (bottom 17%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 23 people in charge now (top 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 23 peopletop 35% of its family
  • the median years the people in charge have filed7.1 yearsbottom 17% of its family
  • the chief executive's years on the record20.2 yearstop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 13 in its family for room to expand.

weight 33% of this tense · 38th percentile among 13 sector filers · read for itself

From the record

Nexstar Media Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $280 million against debt of $6.2 billion leaves -54.8% of its assets as net cash, bottom 11% of its family; cash from operations less capital spending is 15% of revenue (top 35%) (its annual report).

What it rests on

  • cash less debt against assets-54.8%bottom 11% of its family
  • cash from operations less capital spending against revenue15.0%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.3/10

What could actually drive growth from here?

bottom 43% of 12 in its family for growth drivers.

weight 45% of this tense · 43rd percentile among 12 sector filers · read for its customers

From the record

Nexstar Media Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -1.7% a year over the last three filed years against 9.3% over all 9, slowing (bottom 29% of its family); the newest year grew -8.5% (bottom 38%); capital spending grew -1.9% a year (top 37%) (its annual reports). Nexstar Media Group, Inc. reported 3 product lines in fiscal 2025: Distribution Service at $2.9 billion (59%), Advertising at $2.0 billion (40%), Other at $66 million (1%); 1 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-11.0 points a yearbottom 29% of its family
  • the newest year's revenue growth-8.5%bottom 38% of its family
  • three-year growth of capital spending-1.9%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.2/10

Did its newest year beat what its own record pointed to?

bottom 32% of 11 in its family for expectations against reality.

weight 22% of this tense · 32nd percentile among 11 sector filers · read for its shareholders

From the record

Nexstar Media Group, Inc.'s newest year against its own record: revenue of $4.9 billion in fiscal 2025 came in 10.1% below the $5.5 billion its prior three years' pace pointed to (bottom 32% of its family); net income of $109 million against a prior three-year average of $680 million (bottom 41%); a net margin of 2.2% against 13% before (bottom 23%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-10.1%bottom 32% of its family
  • net income against the prior three years' average-84%bottom 41% of its family
  • net margin against its prior average-10.8 pointsbottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NXST · research, not advice