Nexstar Media Group is a television broadcasting company focused on the acquisition, development, and operation of television stations in medium-sized markets. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. The Company offers free over-the-air programming to television viewing audiences. It also provides sales, programming, and other services through various local service agreements.
Type | Public | |
Founded | 1996 | |
HQ | Irving, TX, US | Map |
Website | nexstar.tv | |
Employee Ratings | More | |
Overall Culture | D- | More |
USD | |
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Revenue (Q1, 2021) | 1.1b |
Gross profit (Q1, 2021) | 664.5m |
Gross profit margin (Q1, 2021), % | 59.7% |
Net income (Q1, 2021) | 199.2m |
EBIT (Q1, 2021) | 284.9m |
Market capitalization (12-May-2022) | 6.8b |
Closing stock price (12-May-2022) | 167.4 |
Cash (31-Mar-2021) | 339.8m |
EV | 14.1b |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 306.5m | 378.6m | 502.3m | 631.3m | 896.4m | 1.1b | 2.4b | 2.8b | 3.0b | 4.5b |
Revenue growth, % | 26% | 42% | 23% | |||||||
Cost of goods sold | 81.7m | 91.8m | 147.7m | 187.4m | 302.3m | 382.0m | 993.4m | 1.1b | 1.3b | 1.7b |
Gross profit | 224.8m | 286.9m | 354.6m | 443.9m | 594.1m | 721.2m | 1.4b | 1.6b | 1.7b | 2.8b |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 75.5m | 74.8m | 83.6m | 88.9m | 90.0m | 112.2m | 126.2m | 125.8m | 133.8m | 146.9m | 157.7m | 203.4m | 221.3m | 224.9m | 255.7m | 262.0m | 275.7m | 540.3m | 626.1m | 611.9m | 615.3m | 660.3m | 693.0m | 626.6m | 649.0m | 663.6m | 1.1b | 914.6m | 1.1b | 1.1b |
Cost of goods sold | 19.7m | 20.8m | 22.1m | 21.9m | 22.0m | 34.1m | 36.5m | 37.3m | 41.8m | 45.3m | 48.4m | 69.7m | 75.0m | 80.4m | 90.1m | 92.9m | 100.7m | 218.7m | 252.6m | 257.7m | 279.0m | 274.4m | 285.4m | 292.9m | 296.0m | 445.1m | 416.6m | 423.1m | 449.4m | |
Gross profit | 55.8m | 54.0m | 61.5m | 67.0m | 68.0m | 78.1m | 89.8m | 88.5m | 92.0m | 101.7m | 109.3m | 133.7m | 146.3m | 144.5m | 165.5m | 169.1m | 174.9m | 321.6m | 373.5m | 354.2m | 336.4m | 385.9m | 407.7m | 333.8m | 353.0m | 646.8m | 498.0m | 695.1m | 664.5m | |
Gross profit Margin, % | 74% | 72% | 74% | 75% | 76% | 70% | 71% | 70% | 69% | 69% | 69% | 66% | 66% | 64% | 65% | 65% | 63% | 60% | 60% | 58% | 55% | 58% | 59% | 53% | 54% | 59% | 54% | 62% | 60% |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
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Cash | 12.5m | 7.8m | 11.8m | 12.5m | 12.2m | 22.6m | 45.6m | 24.6m | 50.6m | 32.1m | 68.7m | 44.6m | 26.9m | 23.4m | 12.8m | 27.2m | 29.3m | 72.9m | 85.9m | 135.8m | 109.1m | 147.7m | 118.4m | 128.6m | 79.9m | 317.4m | 434.1m | 664.6m | 409.9m | 339.8m |
Accounts Receivable | 59.1m | 60.7m | 64.3m | 66.5m | 67.4m | 92.6m | 104.4m | 102.1m | 104.5m | 106.9m | 109.0m | 164.6m | 172.0m | 174.7m | 200.0m | 206.8m | 214.4m | 533.9m | 503.1m | 518.5m | 542.7m | 524.1m | 551.7m | 540.5m | 542.6m | 860.8m | 888.7m | 762.9m | 782.2m | 920.1m |
Prepaid Expenses | 810.0k | 1.7m | 1.6m | 1.2m | 2.4m | 11.0m | 2.7m | 5.9m | 10.9m | 12.1m | 13.8m | 5.7m | 3.5m | 8.0m | 6.6m | 14.8m | 27.9m | 33.7m | 30.5m | 34.4m | 44.0m | 45.3m | 44.3m | 22.4m | 34.4m | 121.7m | 107.7m | 98.6m | 132.5m | 99.7m |
Current Assets | 84.8m | 90.7m | 90.2m | 88.9m | 101.3m | 134.0m | 168.4m | 149.3m | 204.5m | 189.6m | 230.1m | 281.6m | 266.9m | 289.2m | 234.3m | 261.9m | 287.0m | 1.1b | 1.1b | 1.0b | 1.0b | 717.1m | 766.5m | 743.5m | 775.9m | 1.4b | 1.5b | 1.5b | 1.3b | 1.4b |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | (11.9m) | 182.5m | (1.8m) | 64.6m | 76.4m | 93.1m | 475.3m | 388.3m | 236.3m | 808.1m |
Depreciation and Amortization | 21.8m | 23.6m | 63.7m | 60.9m | 95.7m | 97.9m | 260.2m | 259.2m | 323.7m | 427.4m |
Accounts Payable | 1.8m | 6.2m | 4.3m | 4.0m | 16.9m | 49.9m | 53.7m | |||
Cash From Operating Activities | 40.3m | 79.9m | 27.3m | 166.5m | 197.3m | 247.8m | 136.7m | 736.9m | 417.5m | 1.3b |
USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (8.9m) | (15.2m) | 3.0m | 11.8m | 21.4m | 705.0k | 7.1m | 10.7m | 7.4m | 18.3m | 33.7m | 11.9m | 31.8m | 49.0m | 22.3m | 47.1m | 72.7m | 4.9m | 53.4m | 95.5m | 47.3m | 133.9m | 233.8m | 56.9m | 127.6m | 122.4m | 157.7m | 255.8m | 445.1m | 199.2m |
Depreciation and Amortization | 10.4m | 16.1m | 5.7m | 11.5m | 17.4m | 8.0m | 16.2m | 47.7m | 14.6m | 29.3m | 44.5m | 23.9m | 46.5m | 70.9m | 24.6m | 48.7m | 73.1m | 70.4m | 135.2m | 195.2m | 62.1m | 124.4m | 189.2m | 64.2m | 128.6m | 200.4m | 106.0m | 211.3m | 317.1m | 113.2m |
Accounts Payable | (143.0k) | 1.3m | (2.4m) | (152.0k) | (179.0k) | 560.0k | 5.8m | 4.0m | 343.0k | 8.6m | 5.0m | (5.8m) | (3.8m) | 10.6m | (6.5m) | 5.7m | 26.0k | (18.3m) | 13.3m | (95.0k) | (1.8m) | |||||||||
Cash From Operating Activities | 22.2m | 35.0m | 26.0m | 42.4m | 68.7m | 13.1m | 13.8m | 45.7m | 44.7m | 73.4m | 120.6m | 49.6m | 80.6m | 140.7m | 38.4m | 96.2m | 163.0m | (21.0m) | 137.9m | 90.8m | 179.4m | 324.1m | 499.7m | 124.6m | 236.4m | 316.0m | 415.1m | 717.3m | 877.5m | 448.3m |
USD | Q2, 2011 |
---|---|
Financial Leverage | -3 x |
Company Name | Date | Deal Size |
---|---|---|
Tribune Media Company | December 02, 2018 | $4.1 b |
Nexstar revenue breakdown by business segment: 94.3% from Broadcasting and 5.7% from Other
Nexstar has 1.91k Twitter Followers. The number of followers has decreased 0.1% month over month and increased 2.3% quarter over quarter
D-
53/100
F
41/100
D-
48/100
F
50/100
When was Nexstar founded?
Nexstar was founded in 1996.
Who are Nexstar key executives?
Nexstar's key executives are Perry A. Sook, Brett Jenkins and Geoff Armstrong.
How many employees does Nexstar have?
Nexstar has 13,589 employees.
What is Nexstar revenue?
Latest Nexstar annual revenue is $4.5 b.
What is Nexstar revenue per employee?
Latest Nexstar revenue per employee is $331.2 k.
Who are Nexstar competitors?
Competitors of Nexstar include DawnNews, Dotmsr and France 24.
Where is Nexstar headquarters?
Nexstar headquarters is located at 545 E John Carpenter Fwy #700, Irving.
Where are Nexstar offices?
Nexstar has offices in Irving and New York.
How many offices does Nexstar have?
Nexstar has 2 offices.
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