ES
MARKETS / NASDAQ / NXST
NASDAQ · TELEVISION BROADCASTING STATIONS · LARGE CAP

Nexstar Media Group, Inc. NXST

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY12 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$4.9B
▼ 8.5% vs FY2024
Dividend streak
12 yrs
Raised every year since 2014
EPS · FY25
$3.00
Dividend / sh · FY25
$7.44
Payout · FY25
207%
ROE · FY25
5.0%
Net margin · FY25
2.2%
Dividend coverage
0.4×
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Result
USD 4.9B
Revenue, FY2025 · full 17-year series below
Revenue Net income
2464.90.12009201220152018202120242025
2464.90.12016201920222025

2 cents of every revenue dollar became profit this year.

Per share
USD 3.00
Diluted EPS, FY2025
EPS Dividend
1020307.443.002009201220152018202120242025
1020307.443.002016201920222025

Earnings covered only a fraction of the dividend — the rest came from cash or borrowing.

Profitability
5.0%
Return on equity, FY2025
ROE
1002003004005.0%2009201220152018202120242025
1002003004005.0%2016201920222025
Operating margin17.2%
Net margin2.2%
Return on assets1.0%

Each USD of equity produced 5 cents of profit this year.

Returned to shareholders
USD 351.0M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 226.0M
Net buybacksUSD 125.0M
Share of profit322.0%
Consecutive raises12 years

USD 226.0M in dividends and USD 125.0M in buybacks — 322% of the year's profit, so the payout drew on cash built up earlier.

Growth
+1.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−1.7%
+1.9%
+18.6%
+20.2%
Net income
−51.8%
−33.1%
+3.4%
EPS, diluted
−50.1%
−29.6%
+2.2%
Dividend / share
+27.4%
+27.1%
+25.6%
Returned to shareholders
−29.8%
−1.5%
+17.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.03B
Shares outstanding, FY2025
0.030.032009201220152018202120242025
0.030.032016201920222025
Change, 5 years—
Change, 10 years—

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 10.8B
total assets, end of FY2025
Total assetsUSD 10.8B
EquityUSD 2.1B
CashUSD 280.0M
Gross debtUSD 6.3B
Net debtUSD 6.1B
Current ratio2.07×

Net debt stands at 293% of equity.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
4.9
5.4
4.9
5.2
4.6
4.5
3.0
2.8
2.4
1.1
0.9
0.6
0.5
0.4
0.3
0.3
0.3
Operating income $B
0.8
1.3
0.7
1.3
1.2
1.4
0.7
0.8
0.5
0.3
0.2
0.2
0.1
0.1
0.0
0.1
0.0
EBITDA $B
1.3
1.8
1.2
2.0
1.8
1.9
0.8
0.9
0.6
0.3
0.3
0.2
0.1
0.1
0.1
0.1
0.0
Income tax $B
0.1
0.3
0.1
0.3
0.3
0.3
0.1
0.1
−0.2
0.1
0.0
0.0
0.0
−0.1
0.0
0.0
0.0
Net income $B
0.1
0.7
0.3
1.0
0.8
0.8
0.2
0.4
0.5
0.1
0.1
0.1
−0.0
0.2
−0.0
−0.0
−0.0
EPS, diluted $
3.00
21.41
9.64
24.16
18.98
17.37
4.80
8.21
10.07
2.89
2.42
2.02
−0.06
5.94
−0.42
−0.06
−0.44
Dividend / sh $
7.44
6.76
5.40
3.60
2.80
2.24
1.80
1.50
1.20
0.96
0.76
0.60
0.48
0.00
0.00
·
·
Payout %
207
30
55
15
14
12
36
18
12
32
30
29
−801
0
−0
·
·
ROE %
5.0
31.7
13.7
34.7
31.1
35.7
11.9
22.8
54.6
73.3
116.6
328.4
·
·
·
·
·
Shares out B
0.03
0.03
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
48 of 48
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed