Nexstar Media Group, Inc. financial data

Symbol
NXST on Nasdaq
Industry
Television Broadcasting Stations
Location
545 East John Carpenter Freeway, Suite 700, Irving, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
NEXSTAR BROADCASTING GROUP INC (to 1/13/2017)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 166 % -11%
Debt-to-equity 419 % +14.5%
Return On Equity 18.6 % -27.2%
Return On Assets 3.61 % -34.7%
Operating Margin 16.8 % -14.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 32.3M shares -8.05%
Entity Public Float 5.59B USD -9.06%
Common Stock, Value, Issued 500K USD 0%
Weighted Average Number of Shares Outstanding, Basic 32.8M shares -8.3%
Weighted Average Number of Shares Outstanding, Diluted 33.3M shares -8.34%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.99B USD -5.03%
Costs and Expenses 4.15B USD -1.71%
Operating Income (Loss) 840M USD -18.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 538M USD -37.1%
Income Tax Expense (Benefit) 158M USD -30.4%
Net Income (Loss) Attributable to Parent 432M USD -38.2%
Earnings Per Share, Basic 12.9 USD/shares -30.5%
Earnings Per Share, Diluted 12.7 USD/shares -30.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 146M USD -57.8%
Accounts Receivable, after Allowance for Credit Loss, Current 1.05B USD +11%
Assets, Current 1.47B USD -6.42%
Other Long-term Investments 4M USD 0%
Property, Plant and Equipment, Net 1.25B USD -1.26%
Operating Lease, Right-of-Use Asset 288M USD +3.6%
Goodwill 2.95B USD -0.51%
Other Assets, Noncurrent 383M USD -0.52%
Assets 11.8B USD -3.99%
Accounts Payable, Current 133M USD +4.72%
Employee-related Liabilities, Current 99M USD +2.06%
Accrued Liabilities, Current 348M USD +4.51%
Contract with Customer, Liability, Current 70.2M USD
Liabilities, Current 828M USD -0.96%
Deferred Income Tax Liabilities, Net 1.51B USD -5.04%
Operating Lease, Liability, Noncurrent 256M USD +7.11%
Other Liabilities, Noncurrent 548M USD -1.08%
Liabilities 9.54B USD -2.13%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1M USD -96.3%
Retained Earnings (Accumulated Deficit) 3.37B USD +7.23%
Stockholders' Equity Attributable to Parent 2.27B USD -10.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.28B USD -11%
Liabilities and Equity 11.8B USD -3.99%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 276M USD -44.1%
Net Cash Provided by (Used in) Financing Activities -182M USD +27.5%
Net Cash Provided by (Used in) Investing Activities -4M USD +88.9%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 47.3M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 146M USD -59.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 121M USD +13.1%
Deferred Tax Assets, Valuation Allowance 48M USD +26.3%
Deferred Tax Assets, Gross 233M USD -1.69%
Operating Lease, Liability 298M USD +3.47%
Depreciation 160M USD -4.19%
Payments to Acquire Property, Plant, and Equipment 44M USD +22.2%
Lessee, Operating Lease, Liability, to be Paid 373M USD +3.04%
Property, Plant and Equipment, Gross 2.18B USD +3.91%
Operating Lease, Liability, Current 42M USD -14.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 42M USD -8.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 49M USD -18.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 75M USD +1.35%
Lessee, Operating Lease, Liability, to be Paid, Year Three 41M USD +13.9%
Deferred Tax Assets, Operating Loss Carryforwards 43M USD -4.44%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200K shares 0%
Unrecognized Tax Benefits 27M USD -3.57%
Lessee, Operating Lease, Liability, to be Paid, Year Four 37M USD +27.6%
Operating Lease, Payments 16M USD 0%
Additional Paid in Capital 1.28B USD +1.43%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 309M USD +2.66%
Depreciation, Depletion and Amortization 828M USD -6.44%
Deferred Tax Assets, Net of Valuation Allowance 185M USD -7.04%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%