Nexstar Media Group Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Public

  • Employees
  • 13,294


  • Stock Symbol
  • NXST

Stock Symbol

  • Investments
  • 46

  • Share Price
  • $167.21
  • (As of Monday Closing)

Nexstar Media Group General Information


Nexstar Media Group Inc is the largest television station owner-operator in the United States with over 200 stations in 116 markets. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 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 stations in 12 of the top 20 television markets and reaches 68% of us TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.

Contact Information

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

Nexstar Media Group Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth

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Nexstar Media Group Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$167.21 $169.56 $132.30 - $187.31 $5.49B 33.4M 351K $11.95

Nexstar Media Group Financials Summary

In Thousands,
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 12,522,397 12,096,687 13,499,509 13,583,572
Revenue 4,960,000 4,933,000 5,211,000 4,648,000
EBITDA 1,834,000 1,789,000 2,216,000 1,965,000
Net Income 410,000 346,000 971,000 834,000
Total Assets 11,945,000 12,078,000 12,679,000 13,264,500
Total Debt 6,853,000 6,884,000 7,001,000 7,457,900
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Nexstar Media Group Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Nexstar Media Group Comparisons

HQ Location
Total Raised
Post Valuation
Nexstar Media Group Inc is the largest television station owner-operator in the United States with over 200 stations in
Broadcasting, Radio and Television
Irving, TX
13,294 As of 2023
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Atlanta, GA
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Hunt Valley, MD
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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 000.00 000000000 00 000.00
Sinclair Broadcast Group Corporation Hunt Valley, MD 0000 000.00 000000000 00 000.00
Paramount Global Corporate Backed or Acquired New York, NY 00000 00.000 000000000000
Fox Corporation New York, NY 00000 00.000 000000000 00.000
Televisa Corporation Santa Fe, Mexico 00000 00.000 000000000 00.000
You’re viewing 5 of 8 competitors. Get the full list »

Nexstar Media Group Executive Team (30)

Name Title Board Seat Contact Info
Perry Sook Chief Executive Officer & Chairman
Michael Biard Chief Operating Officer, Operations & President
Dana Zimmer President
Sean Compton President
Lee Gliha Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
You’re viewing 5 of 30 executive team members. Get the full list »

Nexstar Media Group Board Members (16)

Name Representing Role Since
0000000000 0000000 Self 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 & Chairman of the Audit Committee 000 0000
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Nexstar Media Group Signals

Growth Rate

0.80% Weekly
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


Similarweb Unique Visitors


Majestic Referring Domains


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Nexstar Media Group Investments & Acquisitions (46)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Kusi Television 31-Aug-2023 0000000000 0000 Broadcasting, Radio and Television 000000 00
The CW Television Network 30-Sep-2022 0000000000 Broadcasting, Radio and Television 00000 000
The Hill 20-Aug-2021 0000000000 00000 Publishing 000000 00
BestReviews 29-Dec-2020 0000000000 00000 Media and Information Services (B2B) 0000 0000
WDKY 17-Sep-2020 Corporate Asset Purchase 0000 Buildings and Property 0000 0000
You’re viewing 5 of 46 investments and acquisitions. Get the full list »

Nexstar Media Group Subsidiaries (7)

Company Name Industry Location Founded
BestReviews Media and Information Services (B2B) Sparks, NV 2014
GoLocal.Biz Social/Platform Software Saint George, UT 0000
Mission Broadcasting Broadcasting, Radio and Television Wichita Falls, TX 0000
The Hill Publishing Washington, DC 0000
WJMN-TV Publishing Marquette, MI 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

Nexstar Media Group ESG

Risk Overview

Risk Rating

Updated March, 20, 2024

16.41 | Low Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,421






00 of 315






00 of 65




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Nexstar Media Group Exits (8)

Company Name Exit Date Exit Type Exit Size Status Buyers
VENN 07-Aug-2020 00000 00000 00 0000 Completed
  • 6 buyers
Tribune Media 19-Sep-2019 000000000000000000 00.000 Completed
  • 0000000 00000 0000
LKQD Technologies 16-Jan-2018 000000000000000000 0000 Completed
  • 0000000 00000 0000
Communications Corporation of America 01-Jan-2015 000000000000000000 00000 Completed
  • 0000000 00000 0000
Nexstar Broadcasting Group (KREG-TV) 13-Jun-2014 Corporate Asset Purchase Completed
You’re viewing 5 of 8 exits. Get the full list »

Nexstar Media Group FAQs

  • When was Nexstar Media Group founded?

    Nexstar Media Group was founded in 1996.

  • Who is the CEO of Nexstar Media Group?

    Perry Sook is the CEO of Nexstar Media Group.

  • Where is Nexstar Media Group headquartered?

    Nexstar Media Group is headquartered in Irving, TX.

  • What is the size of Nexstar Media Group?

    Nexstar Media Group has 13,294 total employees.

  • What industry is Nexstar Media Group in?

    Nexstar Media Group’s primary industry is Broadcasting, Radio and Television.

  • Is Nexstar Media Group a private or public company?

    Nexstar Media Group is a Public company.

  • What is Nexstar Media Group’s stock symbol?

    The ticker symbol for Nexstar Media Group is NXST.

  • What is the current stock price of Nexstar Media Group?

    As of 20-May-2024 the stock price of Nexstar Media Group is $167.21.

  • What is the current market cap of Nexstar Media Group?

    The current market capitalization of Nexstar Media Group is $5.49B.

  • What is Nexstar Media Group’s current revenue?

    The trailing twelve month revenue for Nexstar Media Group is $4.96B.

  • Who are Nexstar Media Group’s competitors?

    Gray Television, Sinclair Broadcast Group, Paramount Global, Fox, and Televisa are some of the 8 competitors of Nexstar Media Group.

  • What is Nexstar Media Group’s annual earnings per share (EPS)?

    Nexstar Media Group’s EPS for 12 months was $11.95.

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