Nexstar Media Group Overview
- Year Founded
-
1996
- Status
-
Public
- Employees
-
13,005
- Stock Symbol
-
NXST
- Investments
-
51
- Share Price
-
$171.79
- (As of Friday Closing)
Nexstar Media Group General Information
Description
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. 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 maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
Contact Information
Website
www.nexstar.tvCorporate Office
- 545 East John Carpenter Freeway
- Suite 700
- Irving, TX 75062
- United States
Corporate Office
- 545 East John Carpenter Freeway
- Suite 700
- Irving, TX 75062
- United States
Nexstar Media Group Stock Performance
As of 20-Jun-2025, Nexstar Media Group’s stock price is $171.79. Its current market cap is $5.18B with 30.1M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $171.79 | $166.59 | $141.66 - $191.86 | $5.18B | 30.1M | 483K | $20.02 |
Nexstar Media Group Financials Summary
As of 31-Mar-2025, Nexstar Media Group has a trailing 12-month revenue of $5.36B.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 11,857,860 | 11,482,536 | 12,096,687 | 13,499,509 |
| Revenue | 5,356,000 | 5,407,000 | 4,933,000 | 5,211,000 |
| EBITDA | 2,118,000 | 2,211,000 | 1,789,000 | 2,216,000 |
| Net Income | 655,000 | 722,000 | 346,000 | 971,000 |
| Total Assets | 11,414,000 | 11,468,000 | 12,078,000 | 12,679,000 |
| Total Debt | 6,536,000 | 6,523,000 | 6,837,000 | 7,001,000 |
Nexstar Media Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Nexstar Media Group Comparisons
Industry
Financing
Details
Nexstar Media Group Competitors (7)
One of Nexstar Media Group’s 7 competitors is Gray Television, a Corporation company based in Atlanta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Gray Television | Corporation | Atlanta, GA | ||||
| Sinclair Broadcast Group | Formerly PE-Backed | Hunt Valley, MD | ||||
| Paramount Global | Pending Transaction (M&A) | New York, NY | ||||
| Fox | Corporation | New York, NY | ||||
| Televisa | Corporation | Santa Fe, Mexico |
Nexstar Media Group Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Nexstar Media Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Nexstar Media Group Investments & Acquisitions (51)
Nexstar Media Group’s most recent deal was a Joint Venture with EdgeBeam Wireless. The deal was made on 07-Jan-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| EdgeBeam Wireless | 07-Jan-2025 | Joint Venture | Wireless Service Providers | ||
| WBNX TV55 | 28-Oct-2024 | Merger/Acquisition | Broadcasting, Radio and Television | ||
| Kusi Television | 31-Aug-2023 | Merger/Acquisition | Broadcasting, Radio and Television | ||
| The Suncoast News Network | 20-Jul-2023 | Merger/Acquisition | Broadcasting, Radio and Television | ||
| The CW Television Network | 30-Sep-2022 | Merger/Acquisition | Broadcasting, Radio and Television |
Nexstar Media Group ESG
Risk Overview
Risk Rating
Updated February, 19, 2025
15.3 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
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.
Global
Covered Companies
of 14,673
Rank
Percentile
Media
Industry
of 258
Rank
Percentile
Broadcasting
Subindustry
of 52
Rank
Percentile
Nexstar Media Group Exits (9)
Nexstar Media Group’s most recent exit was on 07-Aug-2020 from VENN (Broadcasting, Radio and Television). The exit was categorized as with 6 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| VENN (Broadcasting, Radio and Television) | 07-Aug-2020 | Completed |
|
||
| Tribune Media | 19-Sep-2019 | Completed |
|
||
| LKQD Technologies | 16-Jan-2018 | Completed |
|
||
| Communications Corporation of America | 01-Jan-2015 | Completed |
|
||
| Nexstar Broadcasting Group (KREG-TV) | 13-Jun-2014 | Corporate Asset Purchase | Completed |
Nexstar Media Group Affiliates
Subsidiaries (9)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| BestReviews | Sparks, NV | 2014 | |
| GoLocal.Biz | Saint George, UT | 2007 | |
| Mission Broadcasting | Wichita Falls, TX | 1996 | |
| The Suncoast News Network | Sarasota, FL | 1995 | |
| WDHN | Webb, AL | 1970 |
Nexstar Media Group FAQs
-
When was Nexstar Media Group founded?
Nexstar Media Group was founded in 1996.
-
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 13,005 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-Jun-2025 the stock price of Nexstar Media Group is $171.79.
-
What is the current market cap of Nexstar Media Group?
The current market capitalization of Nexstar Media Group is $5.18B.
-
What is Nexstar Media Group’s current revenue?
The trailing twelve month revenue for Nexstar Media Group is $5.36B.
-
Who are Nexstar Media Group’s competitors?
Gray Television, Sinclair Broadcast Group, Paramount Global, Fox, and Televisa are some of the 7 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 $20.02.
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