Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 5.32B | 5.41B | 4.93B | 5.21B | 4.65B | 4.50B |
Gross Profit | 2.89B | 3.19B | 2.81B | 3.21B | 2.80B | 2.79B |
EBITDA | 2.06B | 2.21B | 1.79B | 2.22B | 1.96B | 2.00B |
Net Income | 634.00M | 722.00M | 346.00M | 971.00M | 834.00M | 811.50M |
Balance Sheet | ||||||
Total Assets | 526.00M | 11.47B | 12.08B | 12.68B | 13.26B | 13.40B |
Cash, Cash Equivalents and Short-Term Investments | 584.00M | 144.00M | 147.00M | 204.10M | 190.87M | 152.70M |
Total Debt | 0.00 | 6.81B | 7.13B | 7.00B | 7.46B | 7.67B |
Total Liabilities | 0.00 | 9.20B | 9.77B | 9.91B | 10.41B | 10.87B |
Stockholders Equity | 0.00 | 2.26B | 2.30B | 2.74B | 2.85B | 2.52B |
Cash Flow | ||||||
Free Cash Flow | 1.25B | 1.10B | 850.00M | 1.25B | 1.06B | 1.04B |
Operating Cash Flow | 1.38B | 1.25B | 999.00M | 1.40B | 1.21B | 1.25B |
Investing Cash Flow | -152.00M | -102.00M | -173.00M | 125.20M | -232.10M | -39.75M |
Financing Cash Flow | -4.54B | -1.15B | -899.00M | -1.51B | -945.56M | -1.29B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $6.18B | 10.43 | 27.64% | 3.53% | 6.57% | 55.37% | |
78 Outperform | $25.11B | 12.18 | 19.96% | 0.91% | 16.60% | 57.39% | |
70 Outperform | $17.66B | 37.02 | 5.69% | 0.67% | -11.42% | 75.42% | |
63 Neutral | $984.81M | 18.00 | 14.27% | 6.87% | 8.11% | ― | |
60 Neutral | $43.56B | 4.52 | -13.01% | 4.07% | 1.87% | -43.08% | |
50 Neutral | ― | ― | -1.75% | 99.73% | |||
42 Neutral | ― | ― | -2.85% | 75.96% |
On August 18, 2025, Nexstar Media Group announced a definitive agreement to acquire TEGNA Inc. for $6.2 billion, including debt, in a transaction that enhances Nexstar’s position in the media industry. The merger, unanimously approved by TEGNA’s board, will create a combined entity with a significant presence in local media markets, expanding Nexstar’s reach and operational scale. The acquisition is expected to drive increased profitability and shareholder returns, with anticipated annual net synergies of approximately $300 million. The transaction is subject to customary closing conditions and regulatory approvals, with an expected close by the second half of 2026.
On August 1, 2025, Nexstar Media Group announced that its Board of Directors declared a quarterly cash dividend of $1.86 per share on its common stock, payable on August 29, 2025, to shareholders of record as of August 15, 2025. This decision reflects the company’s ongoing commitment to providing regular returns to its shareholders, although future dividends will be subject to quarterly review and board discretion.
On June 27, 2025, Nexstar Media Inc. and Mission Broadcasting, Inc. successfully completed the refinancing of their revolving credit facilities and term loans. This refinancing extends the maturities, reduces interest rate margins, and enhances the company’s financial flexibility, thereby strengthening its capital structure. The new facilities include significant term loans and revolving credit facilities with improved terms, allowing Nexstar to prepay existing loans and reduce its financial burden.
On June 17, 2025, Nexstar Media Group held its Annual Meeting of Stockholders, where shareholders voted to elect all board nominees, approve executive compensation, and ratify PricewaterhouseCoopers LLP as the independent accounting firm for 2025. The decisions reflect strong shareholder support and are expected to reinforce Nexstar’s governance and financial oversight, potentially impacting its market position positively.