OverviewSuggest Edit

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. 

TypePublic
Founded1996
HQIrving, TX, US
Websitenexstar.tv
Employee Ratings2.9
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)13,589(+65%)
Job Openings1,189
Revenue (FY, 2020)$4.5 B(+49%)
Share Price (May 2022)$167.4(+4%)
Cybersecurity ratingDMore
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Key People/Management at Nexstar

Perry A. Sook

Perry A. Sook

Chairman and CEO
Brett Jenkins

Brett Jenkins

EVP, Chief Technology Officer
Geoff Armstrong

Geoff Armstrong

Director
Blake Russell

Blake Russell

Executive Vice President, Station Operations
Dennis J. Fitzsimons

Dennis J. Fitzsimons

Director
Bernadette Aulestia

Bernadette Aulestia

Director
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Nexstar Office Locations

Nexstar has offices in Irving and New York
Irving, TX, US (HQ)
545 E John Carpenter Fwy #700
New York, NY, US
685 3rd Ave 31st floor
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Nexstar Financials and Metrics

Nexstar Revenue

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Nexstar's revenue was reported to be $4.5 b in FY, 2020
USD

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
Nexstar's current market capitalization is $6.8 b.
USDQ2, 2011

Financial Leverage

-3 x
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Nexstar Operating Metrics

FY, 2014FY, 2015FY, 2016Q1, 2017FY, 2017

Television Markets

496162100100

Television Stations

8799104170170

Viewers

16.2 m20.4 m20.8 m44.7 m43.6 m
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Nexstar Acquisitions / Subsidiaries

Company NameDateDeal Size
Tribune Media CompanyDecember 02, 2018$4.1 b

Nexstar Revenue Breakdown

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Nexstar revenue breakdown by business segment: 94.3% from Broadcasting and 5.7% from Other

Nexstar Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

SecurityScorecard logo

Nexstar Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Nexstar Online and Social Media Presence

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Nexstar Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    F

    41/100

  • Compensation

    D-

    48/100

  • Diversity

    F

    50/100

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Nexstar Blogs

Nexstar Media Inc. To Host Live Statewide Telecast of Debate Between Candidates for the Republican Nomination for Illinois Governor on May 24 At 7 P.M. CT

Exclusive Debate Coverage Across Illinois Will Reach More Than 6.3 million TV Households CHICAGO, IL (May 12, 2022) – Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it will host a live multi-market telecast of a debate between the cand…

Nexstar Media Group Reports Record First Quarter Net Revenue of $1.21 Billion

Net Revenue Drives Q1 Operating Income of $329.4 Million, Net Income of $251.4 Million, Adjusted EBITDA of $642.7 Million and Free Cash Flow of $560.4 Million Returned $195.2 Million to Shareholders in the First Quarter in the Form of Share Repurchases and Dividends IRVING, Texas – May 10, 2022 – Ne…

Mary Sandberg Boyle, First Female GM in WGN Radio’s 100 Year History, Named One of Radio Ink Magazine’s “2022 Most Influential Women In Radio”

Chicago, IL May 9, 2022 – Mary Sandberg Boyle, the first female General Manager in WGN Radio’s 100-year history, has been named one of Radio Ink Magazine‘s “2022 Most Influential Women in Radio.” The announcement appears in the current issue of Radio Ink, which hits newsstands today. In 2015, Sandbe…

NewsNation Launches Broadcast Partnership with Decision Desk HQ for 2022 Midterm Primaries and General Election

NewsNation is the First Network to call GOP Senate Primary in Ohio CHICAGO, IL, May 05, 2022 – NewsNation, America’s fastest growing cable news network today announced a broadcast partnership with Decision Desk HQ to provide election data and analysis and exclusive polling results for the upcoming 2…

Nexstar Media Group Declares Quarterly Cash Dividend of $0.90 Per Share

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its Class A common stock. The dividend is payable on Friday, May 27, 2022, to shareholders of record on Friday, May 13, 2022. The post Nexstar Media Group Dec…

Nexstar Media Group Appoints Rachel Morgan Executive Vice President and General Counsel

Proven Senior Legal Executive with 25 Years of Experience to Join Nexstar in June IRVING, TX (April 28, 2022)—Nexstar Media Group, Inc. (NASDAQ: NXST), the largest local media company in the United States, today announced the appointment of Rachel Morgan as Executive Vice President and General Couns…
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Nexstar Frequently Asked Questions

  • 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.