NASDAQ:NXST
Nexstar Media Group, Inc.
Nexstar Media Group, Inc.'s revenue fell 8.5% in fiscal 2025 to $4.9B while operating margin fell to 17.2%. Free cash flow was $743.0M, 15.0% of revenue, and the diluted share count fell 6.4%.Summary generated from Nexstar Media Group, Inc.'s SEC filings. Latest annual report filed Feb 27, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$4.9B
Revenue growth−8.5%
Revenue, 5-yr CAGR+1.9%
Gross marginn/a
Operating margin17.2%
Net margin2.2%
ROIC5.6%
Return on equity5.0%
Debt / equity3.07
Free cash flow$743.0M
FCF margin15.0%
Share count change−6.4%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 4,648 | 5,211 | 4,933 | 5,407 | 4,949 |
| Operating income | 1,175 | 1,312 | 708 | 1,268 | 849 |
| Net income | 834 | 971 | 346 | 722 | 109 |
| Free cash flow | 1,064 | 1,246 | 850 | 1,105 | 743 |
Recent filings
- 4Insider transaction report
Sep 23, 2026 - 4Insider transaction report
Aug 24, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 7, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KOther events
Aug 3, 2026 - 8-KResults of a shareholder vote
Jun 16, 2026 - 8-K/AAmended current report
Jun 4, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 8, 2026