Nexstar Media (NXST) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
5.4B
Gross Profit
3.2B
58.92%
Operating Income
1.3B
23.89%
Net Income
683.0M
12.63%
EPS (Diluted)
$21.41
Balance Sheet Metrics
Total Assets
11.5B
Total Liabilities
9.2B
Shareholders Equity
2.3B
Debt to Equity
4.06
Cash Flow Metrics
Operating Cash Flow
1.2B
Free Cash Flow
1.1B
Revenue & Profitability Trend
Nexstar Media Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 5.4B | 4.9B | 5.2B | 4.6B | 4.5B |
| Cost of Goods Sold | 2.2B | 2.2B | 2.0B | 1.9B | 1.7B |
| Gross Profit | 3.2B | 2.8B | 3.2B | 2.8B | 2.8B |
| Operating Expenses | 1.1B | 1.1B | 1.1B | 999.0M | 851.3M |
| Operating Income | 1.3B | 743.0M | 1.4B | 1.2B | 1.4B |
| Pre-tax Income | 959.0M | 401.0M | 1.2B | 1.1B | 1.1B |
| Income Tax | 276.0M | 131.0M | 274.0M | 263.0M | 296.5M |
| Net Income | 683.0M | 270.0M | 943.0M | 830.0M | 808.1M |
| EPS (Diluted) | $21.41 | $9.64 | $24.16 | $18.98 | $17.37 |
Income Statement Trend
Nexstar Media Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.3B | 1.5B | 1.6B | 1.4B | 1.2B |
| Non-Current Assets | 10.2B | 10.6B | 11.1B | 11.9B | 12.2B |
| Total Assets | 11.5B | 12.1B | 12.7B | 13.3B | 13.4B |
| Liabilities | |||||
| Current Liabilities | 783.0M | 961.0M | 893.0M | 787.3M | 730.9M |
| Non-Current Liabilities | 8.4B | 8.8B | 9.0B | 9.6B | 10.1B |
| Total Liabilities | 9.2B | 9.8B | 9.9B | 10.4B | 10.9B |
| Equity | |||||
| Total Shareholders Equity | 2.3B | 2.3B | 2.8B | 2.9B | 2.5B |
Balance Sheet Composition
Nexstar Media Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 683.0M | 270.0M | 943.0M | 830.0M | 808.1M |
| Operating Cash Flow | 1.2B | 736.0M | 1.2B | 1.1B | 1.1B |
| Investing Activities | |||||
| Capital Expenditures | -145.0M | -149.0M | -157.0M | -151.0M | -217.0M |
| Investing Cash Flow | -102.0M | -183.0M | 115.0M | -245.0M | -46.8M |
| Financing Activities | |||||
| Dividends Paid | -219.0M | -191.0M | -142.0M | -118.0M | -101.0M |
| Financing Cash Flow | -1.2B | -899.0M | -1.5B | -945.0M | -1.3B |
| Free Cash Flow | 1.1B | 850.0M | 1.2B | 1.1B | 1.0B |
Cash Flow Trend
Nexstar Media Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
8.79
Forward P/E
11.13
Price to Book
2.33
Price to Sales
0.97
PEG Ratio
11.13
Profitability Ratios
Profit Margin
12.23%
Operating Margin
18.48%
Return on Equity
26.67%
Return on Assets
6.77%
Financial Health
Current Ratio
1.74
Debt to Equity
301.78
Beta
1.03
Per Share Data
EPS (TTM)
$19.62
Book Value per Share
$74.02
Revenue per Share
$169.62
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| nxst | 5.2B | 8.79 | 2.33 | 26.67% | 12.23% | 301.78 |
| Tegna | 2.7B | 5.96 | 0.89 | 15.93% | 15.29% | 102.14 |
| FuboTV | 1.1B | 15.60 | 2.66 | 21.45% | 4.41% | 96.85 |
| Sinclair | 955.2M | 6.73 | 2.19 | 43.96% | 3.72% | 1,179.08 |
| Gray Television | 474.1M | 3.81 | 0.38 | 9.92% | 7.72% | 196.80 |
| Gray Television | 486.0M | 1.85 | 0.19 | 9.92% | 7.72% | 196.80 |
Financial data is updated regularly. All figures are in the company's reporting currency.