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.
| Type | Public | |
| Founded | 1996 | |
| HQ | Irving, US | Map |
| Website | nexstar.tv |
Recent NewsAll News
- Nexstar Media Group Refinances Senior Secured Term Loans And Revolving Credit Facility
- Nexstar Promotes Robert Simone to Vice President and General Manager of Springfield, Massachusetts Television and Digital Operations
- Nexstar Media Group 2018 Third Quarter Financial Results Webcast
- Nexstar Media Group to Report 2018 Third Quarter Financial Results, Host Conference Call and Webcast on November 8
Key People/Management at Nexstar
Perry Sook
Brett Jenkins
Blake Russell
Gregory Raifman
Tom Carter
Brian Jones
Nexstar Office Locations
Nexstar Financials and Metrics
Nexstar Revenue
| USD | |
|---|---|
Revenue (Q2, 2019) | 649.0m |
Net income (Q2, 2019) | 70.7m |
EBIT (Q2, 2019) | 149.9m |
Market capitalization (11-Oct-2019) | 4.6b |
Closing stock price (11-Oct-2019) | 98.8 |
Cash (30-Jun-2019) | 79.9m |
- Source: SEC Filings
| USD | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 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 |
Operating expense total | 100.6m | 106.1m | 112.0m | 116.0m | 165.5m | 168.8m | 176.6m | 197.7m | 198.0m | 202.8m | 430.2m | 487.4m | 482.8m | 497.7m | 485.8m | 500.1m | 499.6m | 499.1m |
Depreciation and amortization | 8.0m | 6.2m | 6.1m | 6.4m | 11.2m | 11.4m | 12.1m | 11.3m | 11.5m | 48.2m | 38.6m | 34.0m | 36.3m | 37.2m | 37.2m | 36.7m | 36.4m | |
EBIT | 25.2m | 27.7m | 34.9m | 41.7m | 37.9m | 52.5m | 48.3m | 57.9m | 64.0m | 72.9m | 110.2m | 138.7m | 129.1m | 117.6m | 174.5m | 192.9m | 127.1m | 149.9m |
- Source: SEC Filings
| USD | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 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 |
Inventories | 34.4m | |||||||||||||||||
Current Assets | 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 |
PP&E | 219.3m | 205.5m | 219.2m | 215.6m | 277.8m | 276.2m | 271.6m | 287.7m | 283.9m | 283.6m | 741.5m | 738.7m | 738.2m | 725.3m | 720.5m | 723.9m | 740.0m | 748.6m |
- Source: SEC Filings
| USD | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 10.7m | 7.4m | 18.3m | 33.7m | 11.9m | 31.8m | 49.0m | 22.3m | 24.8m | 72.7m | 4.9m | 42.1m | 47.3m | 133.9m | 233.8m | 56.9m | 127.6m | |
Depreciation and Amortization | 24.8m | 8.4m | 17.0m | 25.8m | 23.9m | 22.2m | 35.3m | 12.6m | 11.3m | 38.2m | 22.2m | 25.8m | 50.9m | 78.6m | 27.4m | 55.5m | ||
Inventories | 34.4m | |||||||||||||||||
Accounts Payable | 4.0m | 343.0k | 8.6m | 5.0m | 20.3m | (3.8m) | 10.6m | (6.5m) | 29.9m | 13.8m | (32.6m) | 61.1m | (10.4m) | 759.0k | (11.3m) | (7.8m) | 2.4m |
- Source: SEC Filings
| USD | Y, 2019 |
|---|---|
Financial Leverage | 3.6 x |
Nexstar Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Tribune Media Company | December 02, 2018 | $4.10 b |
Nexstar Revenue Breakdown
Nexstar revenue breakdown by business segment: 94.3% from Broadcasting and 5.7% from Other
Nexstar Online and Social Media Presence
1.91k Twitter followers
Nexstar has 1.91k Twitter Followers. The number of followers has decreased 0.1% month over month and increased 2.3% quarter over quarter
Nexstar's Trends
Nexstar Blogs
Nexstar Media Group Refinances Senior Secured Term Loans And Revolving Credit Facility
Nexstar Promotes Robert Simone to Vice President and General Manager of Springfield, Massachusetts Television and Digital Operations
Nexstar Media Group 2018 Third Quarter Financial Results Webcast
Nexstar Media Group to Report 2018 Third Quarter Financial Results, Host Conference Call and Webcast on November 8
Nexstar Media Group Goldman Sachs Communacopia Conference Presentation
Nexstar Media Group Benchmark Company Conference Presentation
Nexstar Frequently Asked Questions
When was Nexstar founded?
Nexstar was founded in 1996.
Who are Nexstar key executives?
Nexstar's key executives are Perry Sook, Brett Jenkins and Blake Russell.
How many employees does Nexstar have?
Nexstar has 8,249 employees.
What is Nexstar revenue?
Latest Nexstar annual revenue is $2.8 b.
What is Nexstar revenue per employee?
Latest Nexstar revenue per employee is $335.4 k.
Who are Nexstar competitors?
Competitors of Nexstar include Fox News, France 24 and Sinclair Broadcast Group.
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, Albany, Albuquerque, Alexandria and in 61 other locations.
How many offices does Nexstar have?
Nexstar has 65 offices.
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