GTN vs NXST
Gray Media, Inc. and Nexstar Media Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | GTN | NXST |
|---|---|---|
| Revenue | $3.1B | $4.9B |
| Net income | $-85.0M | $109.0M |
| Gross margin | · | 54.8% |
| Net margin | −2.7% | 1.7% |
| Return on equity | −3.8% | 5.0% |
| Diluted EPS | −$1.41 | $3.00 |
| Dividend / share | $0.32 | $7.44 |
| Payout ratio | −38.8% | 207.3% |
| Free cash flow | $181.0M | $743.0M |
| Equity | $2.2B | $2.1B |
| Net debt / equity | 2.49× | 2.93× |
| Current ratio | 1.27× | 2.07× |
| Revenue CAGR 5y | 5.4% | 1.9% |
| Profit CAGR 5y | · | −33.1% |
NXST bills 1.6× the revenue of GTN, and GTN closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | GTN | NXST |
|---|---|---|
| FY2025 | $3.1B | $4.9B |
| FY2024 | $3.6B | $5.4B |
| FY2023 | $3.3B | $4.9B |
| FY2022 | $3.7B | $5.2B |
| FY2021 | $2.4B | $4.6B |
| FY2020 | $2.4B | $4.5B |
| FY2019 | $2.1B | $3.0B |
| FY2018 | $1.1B | $2.8B |
| FY2017 | $883.0M | $2.4B |
| FY2016 | $812.5M | $1.1B |
Bottom line
| Fiscal year | GTN | NXST |
|---|---|---|
| FY2025 | $-85.0M | $109.0M |
| FY2024 | $375.0M | $722.0M |
| FY2023 | $-76.0M | $346.0M |
| FY2022 | $455.0M | $971.0M |
| FY2021 | $90.0M | $834.0M |
| FY2020 | $410.0M | $811.5M |
| FY2019 | $179.0M | $230.3M |
| FY2018 | $211.0M | $389.5M |
| FY2017 | $262.0M | $475.0M |
| FY2016 | $62.3M | $91.5M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,854,000,000 | NXST |
| FY2024 | −$1,763,000,000 | NXST |
| FY2023 | −$1,652,000,000 | NXST |
| FY2022 | −$1,535,000,000 | NXST |
| FY2021 | −$2,235,000,000 | NXST |
| FY2020 | −$2,120,300,000 | NXST |
| FY2019 | −$917,324,000 | NXST |
| FY2018 | −$1,682,696,000 | NXST |
| FY2017 | −$1,548,966,000 | NXST |
| FY2016 | −$290,725,000 | NXST |
| FY2015 | −$299,021,000 | NXST |
| FY2014 | −$123,177,000 | NXST |
| FY2013 | −$156,032,000 | NXST |
| FY2012 | +$26,199,000 | GTN |
| FY2011 | +$640,000 | GTN |
| FY2010 | +$32,708,000 | GTN |
| FY2009 | +$18,395,000 | GTN |
The higher-revenue side has changed between GTN and NXST over this period. The gap has widened since the earliest year compared.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.4 pp | NXST |
| FY2024 | −2.3 pp | NXST |
| FY2023 | −7.8 pp | NXST |
| FY2022 | −5.7 pp | NXST |
| FY2021 | −14.1 pp | NXST |
| FY2020 | −0.7 pp | NXST |
| FY2019 | +0.7 pp | GTN |
| FY2018 | +5.4 pp | GTN |
| FY2017 | +10.1 pp | GTN |
| FY2016 | −0.8 pp | NXST |
| FY2015 | −1.9 pp | NXST |
| FY2014 | −0.8 pp | NXST |
| FY2013 | +5.6 pp | GTN |
| FY2012 | −41.2 pp | NXST |
| FY2011 | +6.8 pp | GTN |
| FY2010 | +7.3 pp | GTN |
| FY2009 | −3.5 pp | NXST |
The higher net margin has changed hands between GTN and NXST over this period.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NXST's net margin has been more volatile than GTN's over the 17 comparable fiscal years — 12.1 percentage points of standard deviation against 8.6.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between GTN and NXST over these 17 fiscal years — GTN led in 6 and NXST in 11.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NXST's return on equity has been more volatile than GTN's over the 11 comparable fiscal years — 30.7 percentage points of standard deviation against 11.4.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between GTN and NXST over these 11 fiscal years — GTN led in 1 and NXST in 10.
11 of 17 comparable fiscal years — a year missing data on either side is not counted.