Skip to content
Screener

Nexstar Media Group, Inc. NXST Payments For Broadcast Rights

Payments For Broadcast Rights at other companies

Gray Television logo
Gray TelevisionGTN
$7M+16.7%
Gray Television logo
Gray TelevisionGTN
$7M+16.7%
Saga Communications logo
Saga CommunicationsSGA
$1.43M
Gray Television logo
Gray TelevisionGTN
$7M0.0%
Gray Television logo
Gray TelevisionGTN
$7M0.0%
Global Partners logo
Global PartnersGLP
$3.26M-4.7%

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$5.97B+1.5%
Enterprise value$17.84B+44.7%
P/E13.2×+2.8×
P/S-0.1×

Profitability

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

Returns & leverage

See full
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 nxst:PaymentsForBroadcastRights.

The source filing: Nexstar Media Group, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 1:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-339827
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Amortization of debt financing costs, debt discounts and premium55
Loss on extinguishment of debt105
Deferred income taxes(46)(24)
Payments for broadcast rights(147)(161)
Income from equity method investments, net(7)(19)
Distribution from equity method investments – return on capital96125
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable966

ITEM 1. Financial Statements

FAQ

What is Nexstar Media Group, Inc.'s payments for broadcast rights?
Nexstar Media Group, Inc. (NXST) reported payments for broadcast rights of $85M in Q2 2026.
How has Nexstar Media Group, Inc.'s payments for broadcast rights changed year-over-year?
Nexstar Media Group, Inc.'s payments for broadcast rights increased by 4.9% year-over-year, from $81M to $85M.
What is the long-term trend for Nexstar Media Group, Inc.'s payments for broadcast rights?
Over 4 years (2021 to 2025), Nexstar Media Group, Inc.'s payments for broadcast rights has grown at a 19.7% compound annual growth rate (CAGR), from $167M to $343M.
What does payments for broadcast rights mean?
This represents the actual cash outflows made to acquire or renew the rights to broadcast specific programming, sports events, or syndicated content. Unlike amortization, this reflects the immediate liquidity impact of securing content necessary to maintain station viewership and advertising inventory. It is a primary driver of cash flow variability for broadcast network operators.

Ask your AI about Nexstar Media Group, Inc.'s payments for broadcast rights.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude