Nexstar Media Group Overview

  • Founded
  • 1996

Founded
  • Status
  • Public

  • Employees
  • 12,473

Employees
  • Stock Symbol
  • NXST

Stock Symbol
  • Investments
  • 44

  • Share Price
  • $166.32

  • (As of Tuesday Closing)

Nexstar Media Group General Information

Description

Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. Of its 199 full-power stations, 155 are affiliated with the four national broadcasters: CBS (49), Fox (42), NBC (35), and ABC (29).he 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel.

Contact Information

Website
www.nexstar.tv
Formerly Known As
Nexstar Broadcasting Group
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Broadcasting, Radio and Television
Stock Exchange
NAS
Primary Office
  • 545 East John Carpenter Freeway
  • Suite 700
  • Irving, TX 75062
  • United States
+1 (972) 000-0000

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Nexstar Media Group Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$166.32 $166.98 $135.87 - $192.84 $6.75B 40.4M 347K $21.36

Nexstar Media Group Financials Summary

In Thousands,
USD
TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 15,002,461 13,583,572 12,336,431 13,888,136
Revenue 4,744,540 4,648,371 4,501,269 3,039,324
EBITDA 2,007,137 1,964,510 2,004,759 1,086,381
Net Income 885,261 834,568 811,441 230,259
Total Assets 13,090,800 13,264,462 13,404,276 13,989,737
Total Debt 7,304,000 7,457,969 7,703,853 8,492,588
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Nexstar Media Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Nexstar Media Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. Of its
Broadcasting, Radio and Television
Irving, TX
12,473 As of 2021
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000000000000, 00000 000 0000000000
Atlanta, GA
0000 As of 0000
00000
0000 00000

000000

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000000000000, 00000 000 0000000000
Hunt Valley, MD
00000 As of 0000
0000
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Nexstar Media Group Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Gray Television Corporation Atlanta, GA 0000 00000 0000 00000
00000000 000000000 Corporation Hunt Valley, MD 00000 0000 000000000 0000
000 00 0000000000 Pending Transaction (M&A) Burbank, CA 0&0
00000000 Corporation Santa Fe, Mexico 00000 000000&0
000000000 Corporation Silver Spring, MD 00000 00000000
You’re viewing 5 of 8 competitors. Get the full list »

Nexstar Media Group Executive Team (28)

Name Title Board Seat Contact Info
Perry Sook Chief Executive Officer & Chairman
Dana Zimmer President
Karen Brophy President
Sean Compton President
Lee Gliha Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
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Nexstar Media Group Board Members (16)

Name Representing Role Since
0000000000 00000000 Nexstar Media Group Board Member 000 0000
0. 00000000 Self Board Member 000 0000
0. 000000000 Self Board Member 000 0000
000000 0000000000 Self Board Member 000 0000
00000000 000000000 Nexstar Media Group Board Member 000 0000
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Nexstar Media Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Nexstar Media Group Investments & Acquisitions (44)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000 0000 20-Aug-2021 0000000000 00000 Publishing 000000 00
00000000000 29-Dec-2020 0000000000 00000 Media and Information Services (B2B) 0000 0000
0000 17-Sep-2020 000000000 0000 Buildings and Property 0000 0000
0000 07-Aug-2020 00000 0000 0000 Broadcasting, Radio and Television 000000 00
Fox Television Stations (2 TV Stations in United States) 02-Mar-2020 Corporate Asset Purchase 000.00 Buildings and Property 00000 000
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Nexstar Media Group Subsidiaries (7)

Company Name Industry Location Founded
Kixer Media and Information Services (B2B) Burbank, CA 2014
0000000.000 Social/Platform Software Saint George, UT 0000
000 0000 Publishing Washington, DC 0000
0000-00 Publishing Marquette, MI 0000
0000-00 Broadcasting, Radio and Television Green Bay, WI 0000
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Nexstar Media Group Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 000000000000 16-Jan-2018 000000000000000000 0000 Completed
  • 0000000 00000 0000
0000000 0000000000 13-Jun-2014 000000000 00000 00 Completed
  • 0000000 00000 0000
0000-00 01-May-2009 000000000 00000 00 0000 Completed
  • 0000000 00000 0000
0000-00 31-Dec-2003 000000000000000000 Completed
  • 0000000 00000 0000
eScout.com 30-Oct-2000 Early Stage VC 0000 Completed
  • 13 buyers
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