Nexstar Broadcasting Group

Nexstar Broadcasting Group, Inc., is one of the nation’s top 20 television broadcasting companies. Headquartered in Irving, Texas, the Company is celebrating its 16th year of development since the acquisition of its first station in 1996. In 2012 the Company generated record net revenue of $379 million, broadcast cash flow of $171 million and adjusted EBITDA of $146 million. Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, eMedia, digital and mobile media platforms. Nexstar owns or provide services to 72 broadcast television stations and 43 community portal websites located in 41 markets in 18 states, reaching approximately 13.8 million television households, or approximately 12.1% of all USTVHH according to Nielsen. Our stations are affiliates of ABC, CBS, FOX, NBC, CW and My Network. In addition we operate 12 related multicast channels affiliated with My Network or Bounce TV, the nation’s first broadcast network targeting African American audiences. The Company's community portal websites offer additional hyper-local content and verticals for consumers and advertisers.
Company Growth (employees)
Type
Public
HQ
Irving, US
Size (employees)
4,006 (est)+3%
Website
nexstar.tv
Nexstar Broadcasting Group is headquartered in Irving, US

Nexstar Broadcasting Group Office Locations

Nexstar Broadcasting Group has offices in Irving, Salt Lake City, Baton Rouge, Saint Paul and in 65 other locations
Irving, US (HQ)
700 545 E John Carpenter Fwy

Nexstar Broadcasting Group Data and Metrics

Nexstar Broadcasting Group Financial Metrics

Nexstar Broadcasting Group's revenue was reported to be $1.1 b in FY, 2016
Numbers are in $, USD

Revenue (FY, 2016)

1.1 b

Revenue growth (FY, 2015 - FY, 2016), %

337%

Net income (FY, 2016)

93.1 m

EBIT (FY, 2016)

92.5 m

Market capitalization (26-May-2017)

2.8 b

Closing share price (26-May-2017)

57.5

Cash (31-Dec-2016)

87.7 m
Nexstar Broadcasting Group's current market capitalization is $2.8 b.
Numbers are in $, USDFY, 2013Y, 2014Y, 2015FY, 2016

Revenue

502.3 m631.3 m252.3 m1.1 b

Revenue growth, %

26%(60%)337%

Operating expense total

399.1 m458.1 m

EBIT

103.2 m173.2 m67.3 m92.5 m

EBIT margin, %

21%27%27%8%

Interest expense

66.2 m62 m

Pre tax profit

110.7 m46.8 m47.1 m

Income tax expense

(2.6 m)(46.1 m)

Net Income

(1.8 m)64.6 m76.4 m93.1 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

40 m131.9 m43.4 m87.7 m

Accounts Receivable

Inventories

6.1 m16.1 m7.3 m15 m

Current Assets

201.2 m317.7 m260 m363.2 m

PP&E

212.3 m237.7 m266.6 m276.2 m

Goodwill

198.1 m256.5 m451.7 m473.3 m

Total Assets

1.2 b1.5 b1.8 b3 b

Accounts Payable

10.3 m16.3 m25.9 m19.8 m

Current Liabilities

83.9 m97.3 m146.1 m189.6 m

Common Stock

306 k312 k316 k316 k

Preferred Stock

Additional Paid-in Capital

396.8 m398 m396.2 m386.9 m

Retained Earnings

(410.4 m)(345.8 m)(268.1 m)(176.6 m)

Total Equity

(13.2 m)56.5 m86.4 m284.4 m

Financial Leverage

-88 x25.9 x21.2 x10.4 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(1.8 m)64.6 m76.4 m93.1 m

Depreciation and Amortization

30.1 m25.9 m47.2 m51.3 m

Accounts Receivable

(38 m)(10 m)(30 m)(27 m)

Inventories

(3.2 m)1.3 m(1.3 m)(29 m)

Accounts Payable

4.3 m4 m16.9 m33.3 m

Cash From Operating Activities

27.3 m166.5 m197.3 m247.8 m

Purchases of PP&E

(19 m)(20.4 m)(29 m)(31.9 m)

Cash From Investing Activities

(248.1 m)(230 m)(474.3 m)(140.2 m)

Short-term Borrowings

(945 k)(1.5 m)(3 m)(3.3 m)

Long-term Borrowings

(438.8 m)(72.4 m)(166.3 m)(80.1 m)

Cash From Financing Activities

191.8 m155.4 m188.6 m(63.3 m)

Interest Paid

75.1 m59.2 m70.4 m99.9 m

Income Taxes Paid

3.1 m29.1 m29.4 m
Y, 2016

Financial Leverage

10.4 x

Nexstar Broadcasting Group Market Value History

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Nexstar Broadcasting Group Online and Social Media Presence

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Nexstar Broadcasting Group Company Life and Culture

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