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Nexstar Media Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Nexstar Media Group and similar public comparables like Mango Excellent Media, Toho, CD Projekt, RTL Group and more.
Nexstar Media Group Overview
About Nexstar Media Group
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Pending approval, Nexstar’s merger with Tegna would bring Nexstar’s station total to 259 in 133 markets, reaching 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
Founded
2001
HQ
Employees
13.0K
Website
Financials (LTM)
EV
$14B
Nexstar Media Group Financials
Nexstar Media Group reported last 12-month revenue of $5B and EBITDA of $2B.
In the same LTM period, Nexstar Media Group generated $3B in gross profit, $2B in EBITDA, and $264M in net income.
Revenue (LTM)
Nexstar Media Group P&L
In the most recent fiscal year, Nexstar Media Group reported revenue of $5B and EBITDA of $2B.
Nexstar Media Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $5B | XXX | $5B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 56% | XXX | 55% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 32% | XXX | XXX | XXX |
| EBIT Margin | 19% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $264M | XXX | $109M | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 2% | XXX | XXX | XXX |
| Net Debt | — | — | $6B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Nexstar Media Group Stock Performance
Nexstar Media Group has current market cap of $7B, and enterprise value of $14B.
Market Cap Evolution
Nexstar Media Group's stock price is $245.53.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $14B | $7B | 0.0% | XXX | XXX | XXX | $3.59 |
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Start Free TrialNexstar Media Group Valuation Multiples
Nexstar Media Group trades at 2.7x EV/Revenue multiple, and 8.1x EV/EBITDA.
EV / Revenue (LTM)
Nexstar Media Group Financial Valuation Multiples
As of March 28, 2026, Nexstar Media Group has market cap of $7B and EV of $14B.
Equity research analysts estimate Nexstar Media Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Nexstar Media Group has a P/E ratio of 28.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV/Revenue | 2.7x | XXX | 2.7x | XXX | XXX | XXX |
| EV/EBITDA | 8.1x | XXX | 8.7x | XXX | XXX | XXX |
| EV/EBIT | 13.9x | XXX | 15.7x | XXX | XXX | XXX |
| EV/Gross Profit | 4.8x | XXX | 5.0x | XXX | XXX | XXX |
| P/E | 28.2x | XXX | 68.3x | XXX | XXX | XXX |
| EV/FCF | 14.6x | XXX | 16.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Nexstar Media Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Nexstar Media Group Margins & Growth Rates
Nexstar Media Group's revenue in the last 12 month grew by 6%.
Nexstar Media Group's revenue per employee in the last FY averaged $0.4M.
Nexstar Media Group's rule of 40 is 38% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Nexstar Media Group's rule of X is 47% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Nexstar Media Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 32% | XXX | XXX | XXX |
| EBITDA Growth | 15% | XXX | 28% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 38% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 47% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 37% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Nexstar Media Group Public Comps
See public comps and valuation multiples for other TV Broadcasting and Content Production comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Mango Excellent Media | XXX | XXX | XXX | XXX | XXX | XXX |
| Toho | XXX | XXX | XXX | XXX | XXX | XXX |
| CD Projekt | XXX | XXX | XXX | XXX | XXX | XXX |
| RTL Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Perfect World Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Nexstar Media Group M&A Activity
Nexstar Media Group acquired XXX companies to date.
Last acquisition by Nexstar Media Group was on XXXXXXXX, XXXXX. Nexstar Media Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Nexstar Media Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialNexstar Media Group Investment Activity
Nexstar Media Group invested in XXX companies to date.
Nexstar Media Group made its latest investment on XXXXXXXX, XXXXX. Nexstar Media Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Nexstar Media Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Nexstar Media Group
| When was Nexstar Media Group founded? | Nexstar Media Group was founded in 2001. |
| Where is Nexstar Media Group headquartered? | Nexstar Media Group is headquartered in United States. |
| How many employees does Nexstar Media Group have? | As of today, Nexstar Media Group has over 13K employees. |
| Who is the CEO of Nexstar Media Group? | Nexstar Media Group's CEO is Perry A. Sook. |
| Is Nexstar Media Group publicly listed? | Yes, Nexstar Media Group is a public company listed on Nasdaq. |
| What is the stock symbol of Nexstar Media Group? | Nexstar Media Group trades under NXST ticker. |
| When did Nexstar Media Group go public? | Nexstar Media Group went public in 2003. |
| Who are competitors of Nexstar Media Group? | Nexstar Media Group main competitors are Mango Excellent Media, Toho, CD Projekt, RTL Group. |
| What is the current market cap of Nexstar Media Group? | Nexstar Media Group's current market cap is $7B. |
| What is the current revenue of Nexstar Media Group? | Nexstar Media Group's last 12 months revenue is $5B. |
| What is the current revenue growth of Nexstar Media Group? | Nexstar Media Group revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Nexstar Media Group? | Current revenue multiple of Nexstar Media Group is 2.7x. |
| Is Nexstar Media Group profitable? | Yes, Nexstar Media Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Nexstar Media Group? | Nexstar Media Group's last 12 months EBITDA is $2B. |
| What is Nexstar Media Group's EBITDA margin? | Nexstar Media Group's last 12 months EBITDA margin is 33%. |
| What is the current EV/EBITDA multiple of Nexstar Media Group? | Current EBITDA multiple of Nexstar Media Group is 8.1x. |
| What is the current FCF of Nexstar Media Group? | Nexstar Media Group's last 12 months FCF is $927M. |
| What is Nexstar Media Group's FCF margin? | Nexstar Media Group's last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Nexstar Media Group? | Current FCF multiple of Nexstar Media Group is 14.6x. |
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