Nexstar Media Group (NXST) Financial Statements
Price: $146.42
Market Cap: $4.47B
Avg Volume: 518.09K
Market Cap: $4.47B
Avg Volume: 518.09K
Country: US
Industry: Entertainment
Sector: Communication Services
Industry: Entertainment
Sector: Communication Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Nexstar Media Group.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.41B | $4.93B | $5.21B | $4.65B | $4.50B | $3.04B | $2.77B | $2.43B | $1.10B | $896.38M |
| Cost of Revenue | $- | $2.12B | $2.00B | $1.85B | $1.71B | $1.33B | $1.12B | $1.04B | $416.68M | $339.94M |
| Gross Profit | $5.41B | $2.81B | $3.21B | $2.80B | $2.79B | $1.71B | $1.65B | $1.40B | $686.51M | $556.44M |
| Gross Profit Ratio | 100.00% | 56.92% | 61.53% | 60.21% | 62.05% | 56.20% | 59.59% | 57.40% | 62.23% | 62.08% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $861.32M | $741.49M | $557.82M | $469.01M | $466.71M | $212.43M | $187.62M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.09B | $1.10B | $903.50M | $861.32M | $741.49M | $557.82M | $469.01M | $466.71M | $212.43M | $187.62M |
| Other Expenses | $3.05B | $1.00B | $860.50M | $764.37M | $747.85M | $598.26M | $37.66M | $-1.28M | $-555.00K | $-517.00K |
| Operating Expenses | $4.14B | $2.10B | $1.76B | $1.63B | $1.49B | $1.16B | $900.47M | $915.05M | $383.94M | $350.33M |
| Cost and Expenses | $4.14B | $4.22B | $3.77B | $3.48B | $3.20B | $2.49B | $2.02B | $1.95B | $800.62M | $690.27M |
| Interest Income | $- | $- | $336.60M | $4.13M | $335.30M | $- | $- | $- | $1.08M | $- |
| Interest Expense | $444.00M | $447.00M | $336.60M | $282.65M | $335.30M | $304.35M | $220.99M | $241.19M | $116.08M | $80.52M |
| Depreciation and Amortization | $808.00M | $941.00M | $662.10M | $588.54M | $564.89M | $408.71M | $320.54M | $323.07M | $120.33M | $117.85M |
| EBITDA | $2.22B | $1.79B | $2.22B | $1.96B | $2.00B | $1.09B | $1.07B | $805.64M | $408.17M | $323.44M |
| EBITDA Ratio | 41.11% | 36.27% | 42.52% | 42.26% | 44.54% | 35.74% | 38.84% | 33.13% | 37.00% | 36.08% |
| Operating Income | $1.27B | $708.00M | $1.31B | $1.18B | $1.38B | $655.13M | $757.78M | $518.75M | $287.31M | $206.11M |
| Operating Income Ratio | 23.45% | 14.35% | 25.18% | 25.29% | 30.56% | 21.56% | 27.39% | 21.33% | 26.04% | 22.99% |
| Total Other Income Expenses Net | $-309.00M | $-307.00M | $-94.90M | $-81.69M | $-270.83M | $-281.81M | $-224.83M | $-264.24M | $-116.64M | $-81.04M |
| Income Before Tax | $959.00M | $401.00M | $1.22B | $1.09B | $1.10B | $373.32M | $532.95M | $241.38M | $170.67M | $125.07M |
| Income Before Tax Ratio | 17.74% | 8.13% | 23.36% | 23.52% | 24.54% | 12.28% | 19.26% | 9.93% | 15.47% | 13.95% |
| Income Tax Expense | $276.00M | $131.00M | $273.60M | $262.88M | $296.51M | $137.03M | $144.68M | $-233.94M | $77.57M | $48.69M |
| Net Income | $722.00M | $346.00M | $971.00M | $834.00M | $811.50M | $230.26M | $389.48M | $475.00M | $91.54M | $77.68M |
| Net Income Ratio | 13.35% | 7.01% | 18.63% | 17.94% | 18.03% | 7.58% | 14.08% | 19.53% | 8.30% | 8.67% |
| EPS | $21.73 | $9.80 | $24.68 | $19.81 | $18.06 | $5.01 | $8.52 | $10.38 | $2.98 | $2.50 |
| EPS Diluted | $21.41 | $9.66 | $24.16 | $18.98 | $17.37 | $4.80 | $8.21 | $10.07 | $2.89 | $2.42 |
| Weighted Average Shares Outstanding | 32.31M | 35.32M | 39.35M | 42.13M | 44.92M | 45.99M | 45.72M | 45.75M | 30.69M | 31.10M |
| Weighted Average Shares Outstanding Diluted | 32.80M | 35.83M | 40.19M | 43.98M | 46.72M | 47.92M | 47.41M | 45.75M | 31.66M | 32.09M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $144.00M | $147.00M | $204.10M | $190.87M | $152.70M | $232.07M | $145.12M | $115.65M | $87.68M | $43.42M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $144.00M | $147.00M | $204.10M | $190.87M | $152.70M | $232.07M | $145.12M | $115.65M | $87.68M | $43.42M |
| Net Receivables | $1.03B | $1.09B | $1.08B | $1.02B | $904.80M | $883.92M | $547.28M | $562.94M | $218.06M | $192.99M |
| Inventory | $- | $- | $15.60M | $1 | $1 | $168.60M | $22.67M | $71.86M | $41.75M | $7.32M |
| Other Current Assets | $125.00M | $224.00M | $315.40M | $200.80M | $152.48M | $235.78M | $74.67M | $377.62M | $57.48M | $23.62M |
| Total Current Assets | $1.30B | $1.47B | $1.61B | $1.41B | $1.21B | $1.35B | $767.08M | $1.06B | $363.22M | $260.03M |
| Property Plant Equipment Net | $1.21B | $1.56B | $1.26B | $1.51B | $1.60B | $1.29B | $731.54M | $734.14M | $276.15M | $266.58M |
| Goodwill | $2.92B | $2.95B | $2.96B | $3.05B | $2.98B | $3.00B | $2.17B | $2.14B | $473.30M | $451.66M |
| Intangible Assets | $353.00M | $5.05B | $5.34B | $5.63B | $5.85B | $6.18B | $3.27B | $3.35B | $867.26M | $803.70M |
| Goodwill and Intangible Assets | $3.27B | $8.00B | $8.31B | $8.68B | $8.83B | $9.18B | $5.44B | $5.49B | $1.34B | $1.26B |
| Long Term Investments | $877.00M | $958.00M | $1.12B | $1.22B | $1.33B | $1.48B | $14.00M | $- | $901.08M | $- |
| Tax Assets | $- | $- | $199.40M | $156.47M | $- | $- | $-14.00M | $- | $-901.08M | $- |
| Other Non-Current Assets | $4.81B | $96.00M | $178.30M | $284.97M | $422.72M | $692.23M | $125.27M | $199.18M | $986.15M | $53.16M |
| Total Non-Current Assets | $10.17B | $10.61B | $11.06B | $11.85B | $12.19B | $12.64B | $6.29B | $6.43B | $2.60B | $1.58B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $11.47B | $12.08B | $12.68B | $13.26B | $13.40B | $13.99B | $7.06B | $7.48B | $2.97B | $1.84B |
| Account Payables | $133.00M | $235.00M | $197.70M | $248.18M | $218.42M | $157.37M | $67.83M | $31.14M | $19.75M | $25.94M |
| Short Term Debt | $124.00M | $171.00M | $223.90M | $132.81M | $57.28M | $145.25M | $96.09M | $92.81M | $28.09M | $22.24M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $75.00K |
| Deferred Revenue | $- | $- | $- | $392.82M | $412.75M | $542.68M | $175.90M | $215.50M | $132.02M | $89.01M |
| Other Current Liabilities | $526.00M | $555.00M | $471.60M | $406.30M | $455.19M | $644.94M | $240.25M | $546.76M | $141.73M | $97.81M |
| Total Current Liabilities | $783.00M | $961.00M | $893.20M | $787.29M | $730.89M | $947.56M | $404.17M | $670.70M | $189.58M | $146.06M |
| Long Term Debt | $6.40B | $6.96B | $6.83B | $7.37B | $7.65B | $8.58B | $3.88B | $4.27B | $2.31B | $1.46B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.90M |
| Deferred Tax Liabilities Non-Current | $1.49B | $1.52B | $1.61B | $1.73B | $1.67B | $1.71B | $633.88M | $619.44M | $132.01M | $101.76M |
| Other Non-Current Liabilities | $531.00M | $325.00M | $583.60M | $523.28M | $815.93M | $693.85M | $270.08M | $340.54M | $45.82M | $42.46M |
| Total Non-Current Liabilities | $8.42B | $8.80B | $9.02B | $9.62B | $10.14B | $10.99B | $4.79B | $5.23B | $2.49B | $1.60B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $9.20B | $9.77B | $9.91B | $10.41B | $10.87B | $11.94B | $5.19B | $5.90B | $2.68B | $1.75B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $316.00K | $- | $- | $- |
| Common Stock | $- | $- | $500.00K | $473.00K | $473.00K | $473.00K | $473.00K | $473.00K | $316.00K | $316.00K |
| Retained Earnings | $3.67B | $3.19B | $3.03B | $2.20B | $1.49B | $778.83M | $620.37M | $299.52M | $-176.58M | $-268.12M |
| Accumulated Other Comprehensive Income Loss | $-1.00M | $1.00M | $26.90M | $141.65M | $34.51M | $19.85M | $-14.32M | $6.14M | $-287.27M | $-251.23M |
| Other Total Stockholders Equity | $-1.41B | $-890.00M | $-319.50M | $504.06M | $995.38M | $1.23B | $1.25B | $1.26B | $345.41M | $348.48M |
| Total Stockholders Equity | $2.26B | $2.30B | $2.74B | $2.85B | $2.52B | $2.03B | $1.85B | $1.57B | $169.14M | $80.67M |
| Total Equity | $2.28B | $2.31B | $2.77B | $2.86B | $2.54B | $2.05B | $1.87B | $1.58B | $284.35M | $86.37M |
| Total Liabilities and Stockholders Equity | $11.47B | $12.08B | $12.68B | $13.26B | $13.40B | $13.99B | $7.06B | $7.48B | $2.97B | $1.84B |
| Minority Interest | $26.00M | $14.00M | $28.30M | $7.09M | $18.48M | $22.00M | $16.21M | $10.70M | $115.21M | $5.70M |
| Total Liabilities and Total Equity | $11.47B | $12.08B | $12.68B | $13.26B | $13.40B | $13.99B | $7.06B | $7.48B | $2.97B | $1.84B |
| Total Investments | $877.00M | $958.00M | $1.12B | $1.22B | $1.33B | $1.48B | $14.00M | $- | $901.08M | $- |
| Total Debt | $6.52B | $7.13B | $7.00B | $7.46B | $7.67B | $8.49B | $3.98B | $4.36B | $2.34B | $1.48B |
| Net Debt | $6.38B | $6.98B | $6.80B | $7.27B | $7.52B | $8.26B | $3.84B | $4.25B | $2.25B | $1.43B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $683.00M | $346.00M | $943.50M | $830.44M | $808.06M | $236.29M | $388.26M | $475.33M | $93.10M | $76.38M |
| Depreciation and Amortization | $808.00M | $941.00M | $662.10M | $588.54M | $564.89M | $408.71M | $320.54M | $323.07M | $120.33M | $117.85M |
| Deferred Income Tax | $-33.00M | $-77.00M | $-102.60M | $5.17M | $-43.64M | $-4.54M | $12.40M | $-463.19M | $54.59M | $43.67M |
| Stock Based Compensation | $78.00M | $60.00M | $62.00M | $47.00M | $48.30M | $38.62M | $31.26M | $24.07M | $11.39M | $11.40M |
| Change in Working Capital | $-51.00M | $-59.00M | $-113.50M | $-223.48M | $-112.16M | $-94.07M | $19.90M | $-178.04M | $-21.77M | $-30.48M |
| Accounts Receivables | $68.00M | $-13.00M | $-11.60M | $-118.60M | $-16.05M | $2.18M | $30.87M | $-55.82M | $-27.29M | $-30.31M |
| Inventory | $- | $- | $- | $- | $-90.06M | $-122.78M | $34.22M | $-37.23M | $4.55M | $-17.78M |
| Accounts Payables | $-98.00M | $32.00M | $-49.70M | $27.71M | $53.67M | $49.90M | $-29.67M | $-62.50M | $1.63M | $16.90M |
| Other Working Capital | $-21.00M | $-78.00M | $-52.20M | $-132.60M | $-59.71M | $-23.37M | $-15.52M | $-22.49M | $-652.00K | $704.00K |
| Other Non Cash Items | $-235.00M | $-212.00M | $-48.10M | $-32.53M | $-11.26M | $-167.54M | $-35.50M | $-44.52M | $-9.89M | $-21.56M |
| Net Cash Provided by Operating Activities | $1.25B | $999.00M | $1.40B | $1.21B | $1.25B | $417.47M | $736.87M | $136.72M | $247.76M | $197.27M |
| Investments in Property Plant and Equipment | $-145.00M | $-149.00M | $-157.30M | $-150.76M | $-217.04M | $-197.51M | $-106.25M | $-72.46M | $-31.87M | $-29.02M |
| Acquisitions Net | $- | $-38.00M | $28.90M | $-135.86M | $-23.58M | $-4.53B | $-103.98M | $-2.49B | $-103.97M | $-448.94M |
| Purchases of Investments | $- | $- | $- | $- | $-7.00M | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $2.64M | $- | $- | $- | $- | $- |
| Other Investing Activities | $43.00M | $14.00M | $253.60M | $54.52M | $205.22M | $28.59M | $34.71M | $503.70M | $-4.34M | $3.62M |
| Net Cash Used for Investing Activities | $-102.00M | $-173.00M | $125.20M | $-232.10M | $-39.75M | $-4.70B | $-175.51M | $-2.06B | $-140.19M | $-474.34M |
| Debt Repayment | $-327.00M | $-125.00M | $-480.00M | $-269.00M | $-857.20M | $4.62B | $-410.47M | $1.60B | $-46.10M | $252.65M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $1.23M | $- |
| Common Stock Repurchased | $-601.00M | $-605.00M | $-881.00M | $-537.00M | $-281.90M | $-45.12M | $-50.52M | $-99.01M | $- | $-48.66M |
| Dividends Paid | $-219.00M | $-191.00M | $-142.20M | $-118.21M | $-101.04M | $-82.82M | $-68.63M | $-55.89M | $-29.45M | $-23.69M |
| Other Financing Activities | $-4.00M | $22.00M | $-11.80M | $-21.35M | $-53.65M | $-104.24M | $-2.27M | $503.67M | $898.48M | $8.27M |
| Net Cash Used Provided by Financing Activities | $-1.15B | $-899.00M | $-1.51B | $-945.56M | $-1.29B | $4.39B | $-531.89M | $1.95B | $-63.31M | $188.58M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-3.00M | $-73.00M | $13.20M | $37.19M | $-79.37M | $103.56M | $29.46M | $27.97M | $44.26M | $-88.50M |
| Cash at End of Period | $144.00M | $147.00M | $219.70M | $206.49M | $169.31M | $248.68M | $145.12M | $115.65M | $87.68M | $43.42M |
| Cash at Beginning of Period | $147.00M | $220.00M | $206.50M | $169.31M | $248.68M | $145.12M | $115.65M | $87.68M | $43.42M | $131.91M |
| Operating Cash Flow | $1.25B | $999.00M | $1.40B | $1.21B | $1.25B | $417.47M | $736.87M | $136.72M | $247.76M | $197.27M |
| Capital Expenditure | $-145.00M | $-149.00M | $-157.30M | $-150.76M | $-217.04M | $-197.51M | $-106.25M | $-72.46M | $-31.87M | $-29.02M |
| Free Cash Flow | $1.10B | $850.00M | $1.25B | $1.06B | $1.04B | $219.96M | $630.62M | $64.26M | $215.89M | $168.25M |