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Nexstar Media Group, Inc. NXST Broadcast — Number Of Reporting Units

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Other financials

Income statement

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Revenue$2.0B+62.2%
Operating income$362.0M+70.0%
Net income$120.0M+23.7%
EPS (diluted)$3.61+18.0%

Balance sheet

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Cash & equivalents$218.0M-6.8%
Total debt$12.1B+81.1%
Total equity$2.3B+0.4%
Total assets$17.7B+56.4%

Cash flow

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Operating cash flow$298.0M+20.6%
CapEx$45.0M+55.2%
Free cash flow$253.0M+16.1%

Valuation

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Market cap$5.74B+1.8%
Enterprise value$17.61B+45.8%
P/E12.7×+2.7×
P/S-0.1×

Profitability

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Operating margin17.8%-4.5pp
Net margin10%-1.3pp
FCF margin12.6%-10.9pp

Returns & leverage

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Return on equity23%-3.2pp
Debt / equity5.3×+2.4×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Nexstar Media Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NumberOfReportingUnits.

The source filing: Nexstar Media Group, Inc.’s 10-K, filed February 27, 2026.

Filed
Feb 26, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001193125-26-078361

For purposes of goodwill impairment tests, the Company has one aggregated television stations reporting unit because of the stations’ similar economic characteristics, one cable network reporting unit, and one digital business reporting unit. The Company’s impairment review for FCC licenses is performed at the television station market level.

Item 16. Form 10-K Summary

FAQ

What is Nexstar Media Group, Inc.'s broadcast — number of reporting units?
Nexstar Media Group, Inc. (NXST) reported broadcast — number of reporting units of 0.3 in Q4 2025.
How has Nexstar Media Group, Inc.'s broadcast — number of reporting units changed year-over-year?
Nexstar Media Group, Inc.'s broadcast — number of reporting units decreased by 0.0% year-over-year, from 0.3 to 0.3.
What is the long-term trend for Nexstar Media Group, Inc.'s broadcast — number of reporting units?
Over 3 years (2022 to 2025), Nexstar Media Group, Inc.'s broadcast — number of reporting units has grown at a 0.0% compound annual growth rate (CAGR), from 1 to 1.
What does broadcast — number of reporting units mean?
Represents the count of distinct business units or operating segments within the broadcast division that are subject to separate financial reporting. This metric helps investors understand the organizational structure and the level of granularity at which management evaluates segment performance.

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