# NEXSTAR MEDIA GROUP, INC. (NXST) · Edgar & Edgarette company card

> Nexstar Media Group (NXST) saw revenue fall 8.5% in FY2025 to $4.9 billion, operating margin 17.2% against a 10.6% median for television broadcasting stations, equity 19.0% of assets, and dividend per share up 13 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1142417 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/NXST) · [JSON](https://www.pops4.com/boards/company/NXST.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4.9B |
| Revenue growth, 1 year | -8.5% |
| Revenue growth per year | 1.6% |
| Operating margin | 17.2% (prior year 23.5%) |
| Net margin | 2.2% |
| Operating cash flow | $891M |
| Capital spending | $148M |
| Free cash flow | $743M |
| Cash | $280M |
| Long-term debt | $6.3B |
| Total assets | $10.8B |
| Total equity | $2.1B |
| Equity ÷ assets | 19.0% |
| Return on equity | 5.3% |
| Dividend per share | $7.44 |
| Dividend years rising | 13 |

## Readings, computed from those figures

- Altman Z: 2.3 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $4.9B (FY2025), total debt $6.3B. Experience: revenue down 8.5% on the year, up 1.6% a year over 4 years; operating margin 17.2%, down from 23.5%. Soundness: equity 19.0% of assets, return on equity 5.3%, payout 207.3% of profit, dividend per share up 13 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.0B and $5.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $3.6B to $5.8B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, television broadcasting stations): operating margin 17.2% against a 10.6% median; growth -8.5% against -5.3%.

Range logged 2026-10-31, receipt 629b712f30c32f88, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 8-K · filed 2026-10-30 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1142417/000119312526440976/0001193125-26-440976-index.htm)
- 10-Q · filed 2026-08-07 · [filing](https://www.sec.gov/Archives/edgar/data/1142417/000119312526339827/0001193125-26-339827-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1142417/000119312526336678/0001193125-26-336678-index.htm)
- 8-K · filed 2026-08-03 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1142417/000119312526330355/0001193125-26-330355-index.htm)
- 8-K · filed 2026-06-16 · 5.07 Submission of Matters to a Vote of Security Holders; 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/1142417/000119312526272491/0001193125-26-272491-index.htm)
- 10-Q · filed 2026-05-08 · [filing](https://www.sec.gov/Archives/edgar/data/1142417/000119312526212539/0001193125-26-212539-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001142417.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1142417

## Cite

POPS4, Edgar & Edgarette: NEXSTAR MEDIA GROUP, INC. (NXST) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/NXST. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.