The Inventing Press

NEXSTAR MEDIA GROUP, INC.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$4.9B$5.4B$4.9B$5.2B$4.6B
Selling, general & administrative$1.1B$1.1B$1.1B$1.1B$1.0B
Operating income$849.0M$1.3B$708.0M$1.3B$1.2B
Pretax income$150.0M$959.0M$401.0M$1.2B$1.1B
Income tax expense$67.0M$276.0M$131.0M$274.0M$263.0M
Net income$109.0M$722.0M$346.0M$971.0M$834.0M
Balance Sheet
Cash and equivalents$280.0M$144.0M$135.0M$204.0M$190.9M
Current assets$1.5B$1.3B$1.5B$1.6B$1.4B
Total assets$10.8B$11.5B$12.1B$12.7B$13.3B
Current liabilities$711.0M$783.0M$961.0M$893.0M$787.3M
Total liabilities$8.8B$9.2B$9.8B$9.9B$10.4B
Total debt$6.4B$6.5B$6.9B$7.0B$7.5B
Stockholders' equity$2.1B$2.3B$2.3B$2.7B$2.9B
Cash Flow Statement
Cash from operations$891.0M$1.2B$999.0M$1.4B$1.2B
Depreciation and amortization$471.0M$484.0M$488.0M$662.0M$589.0M
Stock-based compensation$78.0M$78.0M$60.0M$62.0M$47.0M
Capital expenditure$148.0M$145.0M$149.0M$157.0M$151.0M
Free cash flow$743.0M$1.1B$850.0M$1.2B$1.1B
Dividends paid$226.0M$219.0M$191.0M$142.0M$118.0M
Share repurchases$125.0M$601.0M$605.0M$881.0M$537.0M
Impairments$14.0M$24.0M$19.0M$90.8M$0

Shares outstanding 30.5M · Free float 87.2%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.