Nexstar Media Group Inc Financials

NXST

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 68/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

100

Nexstar Media Group Inc has an operating margin of 23.4%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 14.3% the prior year.

Growth

Nexstar Media Group Inc's revenue grew 9.6% year-over-year to $5.4B, a solid pace of expansion. This earns a growth score of 56/100.

Leverage

Nexstar Media Group Inc has elevated debt relative to equity (D/E of 2.84), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 6/100, reflecting increased financial risk.

Liquidity

Nexstar Media Group Inc's current ratio of 1.66 indicates adequate short-term liquidity, earning a score of 46/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

100

Nexstar Media Group Inc converts 20.4% of revenue into free cash flow ($1.1B). This strong cash generation earns a score of 100/100.

Returns

100

Nexstar Media Group Inc earns a strong 32.0% return on equity (ROE), meaning it generates $32 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 15.0% the prior year.

Altman Z-Score Distress

1.80

Nexstar Media Group Inc scores 1.80, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral

6/9

Nexstar Media Group Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.73x

For every $1 of reported earnings, Nexstar Media Group Inc generates $1.73 in operating cash flow ($1.3B OCF vs $722.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.9x

Nexstar Media Group Inc earns $2.9 in operating income for every $1 of interest expense ($1.3B vs $444.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

This page shows Nexstar Media Group Inc (NXST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Export CSV

Key Financial Metrics

Revenue

$5.4B

YoY+9.6%

5Y CAGR+12.2%

10Y CAGR+24.0%

Nexstar Media Group Inc generated $5.4B in revenue in fiscal year 2024. This represents an increase of 9.6% from the prior year.

EBITDA

$2.1B

YoY+25.9%

5Y CAGR+16.2%

10Y CAGR+24.4%

Nexstar Media Group Inc's EBITDA was $2.1B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 25.9% from the prior year.

Free Cash Flow

$1.1B

YoY+30.0%

5Y CAGR+38.1%

10Y CAGR+22.4%

Nexstar Media Group Inc generated $1.1B in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 30.0% from the prior year.

Net Income

$722.0M

YoY+108.7%

5Y CAGR+25.7%

10Y CAGR+27.3%

Nexstar Media Group Inc reported $722.0M in net income in fiscal year 2024. This represents an increase of 108.7% from the prior year.

EPS (Diluted)

$21.41

YoY+122.1%

5Y CAGR+34.9%

10Y CAGR+26.6%

Nexstar Media Group Inc earned $21.41 per diluted share (EPS) in fiscal year 2024. This represents an increase of 122.1% from the prior year.

Cash & Debt

$144.0M

YoY+6.7%

5Y CAGR-9.1%

10Y CAGR+0.9%

Nexstar Media Group Inc held $144.0M in cash against $6.4B in long-term debt as of fiscal year 2024.

Dividends Per Share

$6.76

YoY+25.2%

5Y CAGR+30.3%

10Y CAGR+27.4%

Nexstar Media Group Inc paid $6.76 per share in dividends in fiscal year 2024. This represents an increase of 25.2% from the prior year.

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

23.4%

YoY+9.1pp

5Y CAGR+1.9pp

10Y CAGR-4.0pp

Nexstar Media Group Inc's operating margin was 23.4% in fiscal year 2024, reflecting core business profitability. This is up 9.1 percentage points from the prior year.

Net Margin

13.4%

YoY+6.3pp

5Y CAGR+5.8pp

10Y CAGR+3.1pp

Nexstar Media Group Inc's net profit margin was 13.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 6.3 percentage points from the prior year.

Return on Equity

32.0%

YoY+16.9pp

5Y CAGR+20.7pp

10Y CAGR-90.9pp

Nexstar Media Group Inc's ROE was 32.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 16.9 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$601.0M

YoY-0.7%

5Y CAGR+67.8%

Nexstar Media Group Inc spent $601.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 0.7% from the prior year.

Capital Expenditures

$145.0M

YoY-2.7%

5Y CAGR-6.0%

10Y CAGR+21.7%

Nexstar Media Group Inc invested $145.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 2.7% from the prior year.

NXST Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$5.4B+9.6%	$4.9B-5.3%	$5.2B+12.1%	$4.6B+3.3%	$4.5B+48.1%	$3.0B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.1B-0.9%	$1.1B0.0%	$1.1B+7.2%	$1.0B+12.3%	$912.1M+24.9%	$730.0M
Operating Income	$1.3B+79.1%	$708.0M-46.0%	$1.3B+11.7%	$1.2B-14.6%	$1.4B+109.9%	$655.1M
Interest Expense	-$444.0M+0.7%	-$447.0M-32.6%	-$337.0M-19.1%	-$283.0M+15.6%	-$335.3M-10.2%	-$304.4M
Income Tax	$276.0M+110.7%	$131.0M-52.2%	$274.0M+4.2%	$263.0M-11.3%	$296.5M+116.4%	$137.0M
Net Income	$722.0M+108.7%	$346.0M-64.4%	$971.0M+16.4%	$834.0M+2.8%	$811.5M+252.4%	$230.3M
EPS (Diluted)	$21.41+122.1%	$9.64-60.1%	$24.16+27.3%	$18.98+9.3%	$17.37+261.9%	$4.80

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$1.2B-2.5%	$1.2B-0.4%	$1.2B-17.1%	$1.5B+17.3%	$1.3B-1.2%	$1.3B-1.5%	$1.3B+15.2%	$1.1B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$270.0M+3.1%	$262.0M+1.9%	$257.0M-4.5%	$269.0M-0.4%	$270.0M-0.7%	$272.0M-5.9%	$289.0M+2.8%	$281.0M
Operating Income	$175.0M-17.8%	$213.0M-3.2%	$220.0M-47.4%	$418.0M+74.2%	$240.0M-12.7%	$275.0M+19.0%	$231.0M+145.7%	$94.0M
Interest Expense	$94.0M+196.9%	-$97.0M0.0%	-$97.0M+70.6%	-$330.0M-192.0%	-$113.0M+0.9%	-$114.0M+1.7%	-$116.0M-2.7%	-$113.0M
Income Tax	$31.0M-20.5%	$39.0M-4.9%	$41.0M-62.0%	$108.0M+151.2%	$43.0M-29.5%	$61.0M+27.1%	$48.0M+700.0%	$6.0M
Net Income	$70.0M-27.8%	$97.0M-10.2%	$108.0M-55.4%	$242.0M+105.1%	$118.0M-32.6%	$175.0M+53.5%	$114.0M+356.0%	$25.0M
EPS (Diluted)	$2.14-30.1%	$3.06-9.2%	$3.37-54.7%	$7.44+110.2%	$3.54-31.4%	$5.16+55.0%	$3.33+375.7%	$0.70

NXST Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$11.5B-5.1%	$12.1B-4.7%	$12.7B-4.4%	$13.3B-1.0%	$13.4B-4.2%	$14.0B
Current Assets	$1.3B-11.5%	$1.5B-9.2%	$1.6B+14.3%	$1.4B+16.8%	$1.2B-10.5%	$1.4B
Cash & Equivalents	$144.0M+6.7%	$135.0M-33.8%	$204.0M+6.9%	$190.9M+25.0%	$152.7M-34.2%	$232.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$1.0B-6.1%	$1.1B+1.4%	$1.1B+5.8%	$1.0B+12.8%	$904.8M+2.4%	$883.9M
Goodwill	$2.9B-0.8%	$2.9B-0.5%	$3.0B-3.0%	$3.1B+3.1%	$3.0B-1.2%	$3.0B
Total Liabilities	$9.2B-5.8%	$9.8B-1.5%	$9.9B-4.8%	$10.4B-4.2%	$10.9B-9.0%	$11.9B
Current Liabilities	$783.0M-18.5%	$961.0M+7.6%	$893.0M+13.4%	$787.3M+7.7%	$730.9M-22.9%	$947.6M
Long-Term Debt	$6.4B-4.7%	$6.7B-1.7%	$6.8B-7.3%	$7.4B-3.6%	$7.6B-8.8%	$8.4B
Total Equity	$2.3B-1.8%	$2.3B-16.1%	$2.7B-3.8%	$2.9B+13.2%	$2.5B+24.0%	$2.0B
Retained Earnings	$3.7B+15.2%	$3.2B+5.1%	$3.0B+37.6%	$2.2B+48.1%	$1.5B+91.1%	$778.8M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$11.2B-0.7%	$11.3B-0.8%	$11.4B-0.5%	$11.5B-3.0%	$11.8B-1.1%	$11.9B-1.1%	$12.1B+0.3%	$12.0B
Current Assets	$1.4B+0.2%	$1.4B-0.9%	$1.4B+8.1%	$1.3B-11.9%	$1.5B-1.5%	$1.5B+1.9%	$1.5B+9.4%	$1.3B
Cash & Equivalents	$236.0M+0.9%	$234.0M-7.5%	$253.0M+75.7%	$144.0M-1.4%	$146.0M-38.4%	$237.0M+75.6%	$135.0M-10.0%	$150.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$1.0B-0.9%	$1.0B-0.8%	$1.0B+0.2%	$1.0B-1.9%	$1.0B-0.3%	$1.1B-4.0%	$1.1B+22.9%	$891.0M
Goodwill	$2.9B0.0%	$2.9B0.0%	$2.9B+0.1%	$2.9B-0.8%	$2.9B0.0%	$2.9B0.0%	$2.9B-0.6%	$3.0B
Total Liabilities	$9.0B-1.2%	$9.1B-1.0%	$9.2B-0.4%	$9.2B-3.6%	$9.5B-0.6%	$9.6B-1.7%	$9.8B+0.7%	$9.7B
Current Liabilities	$745.0M-9.5%	$823.0M+2.2%	$805.0M+2.8%	$783.0M-5.4%	$828.0M-0.4%	$831.0M-13.5%	$961.0M+12.8%	$852.0M
Long-Term Debt	$6.2B-0.4%	$6.3B-1.5%	$6.4B-0.4%	$6.4B-3.9%	$6.7B-0.4%	$6.7B-0.4%	$6.7B-0.4%	$6.7B
Total Equity	$2.3B+1.3%	$2.3B+0.4%	$2.2B-0.4%	$2.3B-0.4%	$2.3B-2.3%	$2.3B+1.0%	$2.3B-1.4%	$2.3B
Retained Earnings	$3.8B+0.3%	$3.8B+1.0%	$3.7B+1.3%	$3.7B+9.0%	$3.4B+1.9%	$3.3B+3.7%	$3.2B+2.2%	$3.1B

NXST Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$1.3B+25.1%	$999.0M-28.8%	$1.4B+15.5%	$1.2B-3.1%	$1.3B+200.4%	$417.5M
Capital Expenditures	$145.0M-2.7%	$149.0M-5.1%	$157.0M+4.0%	$151.0M-30.4%	$217.0M+9.9%	$197.5M
Free Cash Flow	$1.1B+30.0%	$850.0M-31.8%	$1.2B+17.1%	$1.1B+2.6%	$1.0B+371.5%	$220.0M
Investing Cash Flow	-$102.0M+41.0%	-$173.0M-238.4%	$125.0M+153.9%	-$232.0M-482.9%	-$39.8M+99.2%	-$4.7B
Financing Cash Flow	-$1.2B-28.0%	-$899.0M+40.7%	-$1.5B-60.3%	-$945.0M+27.0%	-$1.3B-129.5%	$4.4B
Dividends Paid	$219.0M+14.7%	$191.0M+34.5%	$142.0M+20.3%	$118.0M+16.8%	$101.0M+21.9%	$82.8M
Share Buybacks	$601.0M-0.7%	$605.0M-31.3%	$881.0M+64.1%	$537.0M+90.5%	$281.9M+524.8%	$45.1M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$117.0M-52.6%	$247.0M-26.7%	$337.0M-18.0%	$411.0M+133.5%	$176.0M-36.2%	$276.0M+51.6%	$182.0M+31.9%	$138.0M
Capital Expenditures	$30.0M+3.4%	$29.0M-17.1%	$35.0M0.0%	$35.0M-5.4%	$37.0M-15.9%	$44.0M+22.2%	$36.0M0.0%	$36.0M
Free Cash Flow	$87.0M-60.1%	$218.0M-27.8%	$302.0M-19.7%	$376.0M+170.5%	$139.0M-40.1%	$232.0M+58.9%	$146.0M+43.1%	$102.0M
Investing Cash Flow	-$29.0M-3.6%	-$28.0M+54.1%	-$61.0M-79.4%	-$34.0M+2.9%	-$35.0M-775.0%	-$4.0M+88.9%	-$36.0M+43.8%	-$64.0M
Financing Cash Flow	-$86.0M+63.9%	-$238.0M-42.5%	-$167.0M+59.7%	-$414.0M-78.4%	-$232.0M-27.5%	-$182.0M-11.7%	-$163.0M+39.6%	-$270.0M
Dividends Paid	$56.0M0.0%	$56.0M-1.8%	$57.0M+9.6%	$52.0M-5.5%	$55.0M-3.5%	$57.0M+23.9%	$46.0M-2.1%	$47.0M
Share Buybacks	$0-100.0%	$50.0M-33.3%	$75.0M-57.9%	$178.0M+31.9%	$135.0M+21.6%	$111.0M+15.6%	$96.0M-50.5%	$194.0M

NXST Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	23.4%+9.1pp	14.3%-10.8pp	25.2%-0.1pp	25.3%-5.3pp	30.6%+9.0pp	21.6%
Net Margin	13.4%+6.3pp	7.0%-11.6pp	18.6%+0.7pp	17.9%-0.1pp	18.0%+10.4pp	7.6%
Return on Equity	32.0%+16.9pp	15.0%-20.4pp	35.4%+6.2pp	29.3%-3.0pp	32.2%+20.9pp	11.3%
Return on Assets	6.3%+3.4pp	2.9%-4.8pp	7.7%+1.4pp	6.3%+0.2pp	6.0%+4.4pp	1.7%
Current Ratio	1.66+0.1	1.53-0.3	1.81+0.0	1.79+0.1	1.66+0.2	1.43
Debt-to-Equity	2.84-0.1	2.92+0.4	2.49-0.1	2.58-0.5	3.04-1.1	4.13
FCF Margin	20.4%+3.2pp	17.2%-6.7pp	23.9%+1.0pp	22.9%-0.2pp	23.0%+15.8pp	7.2%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	14.6%-2.7pp	17.3%-0.5pp	17.8%-10.3pp	28.1%+9.2pp	18.9%-2.5pp	21.4%+3.7pp	17.7%+9.4pp	8.3%
Net Margin	5.8%-2.0pp	7.9%-0.9pp	8.8%-7.5pp	16.3%+7.0pp	9.3%-4.3pp	13.6%+4.9pp	8.7%+6.5pp	2.2%
Return on Equity	3.1%-1.2pp	4.3%-0.5pp	4.8%-5.9pp	10.7%+5.5pp	5.2%-2.3pp	7.5%+2.6pp	5.0%+3.9pp	1.1%
Return on Assets	0.6%-0.2pp	0.9%-0.1pp	0.9%-1.2pp	2.1%+1.1pp	1.0%-0.5pp	1.5%+0.5pp	0.9%+0.7pp	0.2%
Current Ratio	1.87+0.2	1.69-0.1	1.74+0.1	1.66-0.1	1.78-0.0	1.80+0.3	1.53-0.0	1.57
Debt-to-Equity	2.73-0.0	2.78-0.1	2.840.0	2.84-0.1	2.94+0.1	2.88-0.0	2.92+0.0	2.89
FCF Margin	7.3%-10.5pp	17.7%-6.7pp	24.5%-0.8pp	25.3%+14.3pp	10.9%-7.1pp	18.1%+6.9pp	11.2%+2.2pp	9.0%

Similar Companies

Tegna Inc TGNA

$3.4B

Sinclair SBGI

$1.0B

Fubotv Inc. FUBO

$472.6M

Gray Television Inc GTN

$478.8M

Iheartmedia Inc IHRT

$524.1M

Frequently Asked Questions

What is Nexstar Media Group Inc's annual revenue?

Nexstar Media Group Inc (NXST) reported $5.4B in total revenue for fiscal year 2024. This represents a 9.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Nexstar Media Group Inc's revenue growing?

Nexstar Media Group Inc (NXST) revenue grew by 9.6% year-over-year, from $4.9B to $5.4B in fiscal year 2024.

Is Nexstar Media Group Inc profitable?

Yes, Nexstar Media Group Inc (NXST) reported a net income of $722.0M in fiscal year 2024, with a net profit margin of 13.4%.

What is Nexstar Media Group Inc's earnings per share (EPS)?

Nexstar Media Group Inc (NXST) reported diluted earnings per share of $21.41 for fiscal year 2024. This represents a 122.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Nexstar Media Group Inc's EBITDA?

Nexstar Media Group Inc (NXST) had EBITDA of $2.1B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Nexstar Media Group Inc have?

As of fiscal year 2024, Nexstar Media Group Inc (NXST) had $144.0M in cash and equivalents against $6.4B in long-term debt.

What is Nexstar Media Group Inc's operating margin?

Nexstar Media Group Inc (NXST) had an operating margin of 23.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Nexstar Media Group Inc's net profit margin?

Nexstar Media Group Inc (NXST) had a net profit margin of 13.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Nexstar Media Group Inc pay dividends?

Yes, Nexstar Media Group Inc (NXST) paid $6.76 per share in dividends during fiscal year 2024.

What is Nexstar Media Group Inc's return on equity (ROE)?

Nexstar Media Group Inc (NXST) has a return on equity of 32.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Nexstar Media Group Inc's free cash flow?

Nexstar Media Group Inc (NXST) generated $1.1B in free cash flow during fiscal year 2024. This represents a 30.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Nexstar Media Group Inc's operating cash flow?

Nexstar Media Group Inc (NXST) generated $1.3B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Nexstar Media Group Inc's total assets?

Nexstar Media Group Inc (NXST) had $11.5B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Nexstar Media Group Inc's capital expenditures?

Nexstar Media Group Inc (NXST) invested $145.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Nexstar Media Group Inc buy back shares?

Yes, Nexstar Media Group Inc (NXST) spent $601.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is Nexstar Media Group Inc's current ratio?

Nexstar Media Group Inc (NXST) had a current ratio of 1.66 as of fiscal year 2024, which is generally considered healthy.

What is Nexstar Media Group Inc's debt-to-equity ratio?

Nexstar Media Group Inc (NXST) had a debt-to-equity ratio of 2.84 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Nexstar Media Group Inc's return on assets (ROA)?

Nexstar Media Group Inc (NXST) had a return on assets of 6.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Nexstar Media Group Inc's Altman Z-Score?

Nexstar Media Group Inc (NXST) has an Altman Z-Score of 1.80, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Nexstar Media Group Inc's Piotroski F-Score?

Nexstar Media Group Inc (NXST) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Nexstar Media Group Inc's earnings high quality?

Nexstar Media Group Inc (NXST) has an earnings quality ratio of 1.73x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Nexstar Media Group Inc cover its interest payments?

Nexstar Media Group Inc (NXST) has an interest coverage ratio of 2.9x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Nexstar Media Group Inc?

Nexstar Media Group Inc (NXST) scores 68 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.