Nexstar (NXST) stock price, revenue, and financials

Nexstar market cap is $6.8 b, and annual revenue was $4.5 b in FY 2020
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$6.8 B

NXST Mkt cap, 12-May-2022

$1.1 B

Nexstar Revenue Q1, 2021
Nexstar Gross profit (Q1, 2021)664.5 M
Nexstar Gross profit margin (Q1, 2021), %59.7%
Nexstar Net income (Q1, 2021)199.2 M
Nexstar EBIT (Q1, 2021)284.9 M
Nexstar Cash, 31-Mar-2021339.8 M
Nexstar EV14.1 B
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Nexstar Revenue

Nexstar revenue was $4.5 b in FY, 2020

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Nexstar Revenue Breakdown

Embed Graph

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

Nexstar Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

306.5m378.6m502.3m631.3m896.4m1.1b2.4b2.8b3.0b4.5b

Revenue growth, %

26%42%23%

Cost of goods sold

81.7m91.8m147.7m187.4m302.3m382.0m993.4m1.1b1.3b1.7b

Gross profit

224.8m286.9m354.6m443.9m594.1m721.2m1.4b1.6b1.7b2.8b

Gross profit Margin, %

73%76%71%70%66%65%59%60%56%62%

Sales and marketing expense

2.1m

General and administrative expense

105.2m117.5m150.9m174.8m232.5m263.6m592.0m579.9m730.0m912.1m

Operating expense total

176.8m187.0m251.4m270.6m388.0m433.9m919.8m891.0m1.0b1.4b

Depreciation and amortization

63.7m60.9m95.7m97.9m260.2m259.2m323.7m427.4m

EBIT

48.0m99.9m103.2m173.2m206.1m287.3m518.7m757.8m655.1m1.4b

EBIT margin, %

16%26%21%27%23%26%21%27%22%31%

Interest expense

53.0m51.6m66.2m62.0m80.5m241.2m221.0m304.4m335.3m

Investment income

17.9m70.2m

Pre tax profit

(6.2m)45.1m815.0k110.7m125.1m170.7m241.4m532.9m373.3m1.1b

Income tax expense

5.7m(132.3m)2.6m46.1m48.7m77.6m(233.9m)144.7m137.0m296.5m

Net Income

(11.9m)182.5m(1.8m)64.6m77.7m91.5m475.0m389.5m230.3m808.1m

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

75.5m74.8m83.6m88.9m90.0m112.2m126.2m125.8m133.8m146.9m157.7m203.4m221.3m224.9m255.7m262.0m275.7m540.3m626.1m611.9m615.3m660.3m693.0m626.6m649.0m663.6m1.1b914.6m1.1b1.1b

Cost of goods sold

19.7m20.8m22.1m21.9m22.0m34.1m36.5m37.3m41.8m45.3m48.4m69.7m75.0m80.4m90.1m92.9m100.7m218.7m252.6m257.7m279.0m274.4m285.4m292.9m296.0m445.1m416.6m423.1m449.4m

Gross profit

55.8m54.0m61.5m67.0m68.0m78.1m89.8m88.5m92.0m101.7m109.3m133.7m146.3m144.5m165.5m169.1m174.9m321.6m373.5m354.2m336.4m385.9m407.7m333.8m353.0m646.8m498.0m695.1m664.5m

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%

General and administrative expense

25.0m26.3m27.1m27.1m27.5m35.5m37.6m37.6m41.0m43.8m43.7m57.3m56.6m56.4m68.2m65.8m63.6m174.3m144.3m137.3m141.9m138.9m140.3m142.4m144.1m218.4m193.2m226.5m243.4m

Operating expense total

42.9m45.7m44.0m43.5m44.4m60.3m61.6m63.4m64.3m66.7m67.7m95.8m93.8m96.2m107.6m105.1m102.0m211.4m234.8m225.1m218.8m211.4m214.8m206.7m203.0m542.0m341.7m301.7m351.5m379.6m

Depreciation and amortization

16.6m14.6m14.7m15.2m23.9m22.5m24.4m24.6m24.1m24.4m70.4m64.8m60.0m62.1m62.3m64.8m64.2m64.4m42.4m106.0m105.3m105.9m113.2m

EBIT

12.9m8.3m17.5m23.5m23.6m17.8m28.2m25.2m27.7m34.9m41.7m37.9m52.5m48.3m57.9m64.0m72.9m110.2m138.7m129.1m117.6m174.5m192.9m127.1m149.9m121.6m305.0m196.3m343.6m284.9m

EBIT margin, %

17%11%21%26%26%16%22%20%21%24%26%19%24%21%23%24%26%20%22%21%19%26%28%20%23%18%28%21%31%26%

Interest expense

13.3m13.1m12.9m12.6m12.4m16.5m16.9m15.2m15.3m15.5m19.3m20.4m20.4m20.7m20.6m29.6m79.2m55.7m53.6m54.6m56.3m56.2m53.0m51.4m93.2m101.3m82.3m77.3m72.1m

Investment income

(84.0k)(84.0k)(84.0k)(128.0k)14.2m11.3m15.9m29.8m

Pre tax profit

(1.2m)(4.8m)4.6m10.4m11.1m1.2m11.2m7.1m12.4m19.4m26.0m18.5m32.0m27.8m37.1m43.3m43.1m(997.0k)80.8m74.1m64.8m119.9m135.1m73.3m97.4m34.3m222.0m135.5m254.5m258.9m

Income tax expense

1.4m1.5m1.6m1.6m1.6m480.0k4.8m3.5m5.0m8.5m10.6m6.6m12.1m10.6m14.9m18.5m17.5m(5.9m)32.3m32.0m17.5m33.3m35.2m16.4m26.6m(39.5m)64.3m37.4m65.2m59.7m

Net Income

(2.6m)(6.3m)3.0m8.8m9.6m705.0k6.4m3.6m7.4m10.9m15.4m12.9m20.3m17.3m21.7m24.5m24.8m6.0m44.0m46.5m48.1m87.7m100.5m54.9m68.0m(5.2m)157.7m98.1m189.3m199.2m

Nexstar Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

7.5m69.0m40.0m131.9m43.4m87.7m115.7m145.1m232.1m152.7m

Accounts Receivable

71.3m74.6m109.4m127.9m193.0m562.9m547.3m883.9m904.8m

Prepaid Expenses

1.7m11.3m6.1m16.1m7.3m71.9m22.7m152.0m135.9m

Inventories

15.0m

Current Assets

96.8m163.3m201.2m317.7m260.0m363.2m1.1b767.1m1.4b1.2b

PP&E

146.6m180.2m212.3m237.7m266.6m276.2m734.1m731.5m1.3b1.6b

Goodwill

112.6m148.4m198.1m256.5m451.7m473.3m2.1b2.2b3.0b3.0b

Total Assets

595.0m945.8m1.2b1.5b1.8b3.0b7.5b7.1b14.0b13.4b

Accounts Payable

9.2m12.3m10.3m16.3m25.9m19.8m31.1m67.8m157.4m218.4m

Short-term debt

1.5m2.2m6.9m15.8m22.1m92.8m96.1m109.3m21.4m

Current Liabilities

57.2m58.0m83.9m97.3m146.1m189.6m670.7m404.2m947.6m730.9m

Long-term debt

638.9m855.5m1.1b1.2b1.5b4.3b3.9b8.4b7.6b

Total Debt

640.4m857.6m1.2b4.4b4.0b8.5b7.7b

Total Liabilities

778.4m942.9m1.2b1.4b1.7b2.7b5.9b5.2b11.9b10.9b

Common Stock

294.0k306.0k316.0k

Preferred Stock

Additional Paid-in Capital

406.7m410.5m396.8m398.0m396.2m386.9m1.3b1.4b1.4b1.4b

Retained Earnings

(590.3m)(407.9m)(410.4m)(345.8m)(268.1m)(176.6m)299.5m620.4m778.8m1.5b

Total Equity

(183.4m)3.0m(13.2m)56.5m86.4m284.4m1.6b1.9b2.1b2.5b

Financial Leverage

-3.2 x320.2 x-88 x25.9 x21.2 x10.4 x4.7 x3.8 x6.8 x5.3 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

12.5m7.8m11.8m12.5m12.2m22.6m45.6m24.6m50.6m32.1m68.7m44.6m26.9m23.4m12.8m27.2m29.3m72.9m85.9m135.8m109.1m147.7m118.4m128.6m79.9m317.4m434.1m664.6m409.9m339.8m

Accounts Receivable

59.1m60.7m64.3m66.5m67.4m92.6m104.4m102.1m104.5m106.9m109.0m164.6m172.0m174.7m200.0m206.8m214.4m533.9m503.1m518.5m542.7m524.1m551.7m540.5m542.6m860.8m888.7m762.9m782.2m920.1m

Prepaid Expenses

810.0k1.7m1.6m1.2m2.4m11.0m2.7m5.9m10.9m12.1m13.8m5.7m3.5m8.0m6.6m14.8m27.9m33.7m30.5m34.4m44.0m45.3m44.3m22.4m34.4m121.7m107.7m98.6m132.5m99.7m

Current Assets

84.8m90.7m90.2m88.9m101.3m134.0m168.4m149.3m204.5m189.6m230.1m281.6m266.9m289.2m234.3m261.9m287.0m1.1b1.1b1.0b1.0b717.1m766.5m743.5m775.9m1.4b1.5b1.5b1.3b1.4b

PP&E

133.9m141.8m143.7m140.9m139.7m214.3m209.5m219.3m205.5m219.2m215.6m277.8m276.2m271.6m287.7m283.9m283.6m741.5m738.7m738.2m725.3m720.5m723.9m740.0m748.6m1.3b1.5b1.6b1.6b1.6b

Goodwill

109.1m109.7m112.6m112.6m112.6m167.7m167.8m188.1m198.0m213.9m214.5m441.1m443.9m445.2m459.9m460.0m488.4m2.1b2.1b2.1b2.2b2.2b2.2b2.2b2.2b3.1b2.9b2.9b2.9b3.0b

Total Assets

558.0m582.7m578.2m566.3m611.4m1.0b1.1b1.1b1.1b1.2b1.2b1.9b1.9b1.9b1.9b1.9b2.9b7.5b7.5b7.5b7.5b7.1b7.1b7.1b7.0b14.1b13.6b13.5b13.3b13.3b

Accounts Payable

9.2m9.2m9.3m9.3m8.9m11.3m13.2m13.1m13.7m12.0m10.0m20.3m22.5m23.7m24.9m29.9m25.4m36.0m27.9m61.1m80.8m66.1m74.2m72.3m70.4m109.1m139.0m176.4m161.1m217.9m

Short-term debt

1.5m1.5m1.5m1.5m1.5m3.5m4.1m4.8m6.2m6.6m7.5m17.2m18.5m19.9m24.3m26.1m28.1m20.8m57.9m103.4m92.2m41.7m42.1m95.5m94.9m142.7m56.2m60.5m57.4m24.8m

Current Liabilities

49.3m64.5m55.7m48.7m66.2m78.8m63.3m99.0m69.9m73.2m82.3m136.4m123.3m143.0m145.1m156.0m181.2m551.2m794.4m764.7m685.2m294.6m367.3m429.9m494.0m1.1b916.0m822.3m671.7m729.7m

Long-term debt

614.6m621.4m621.2m607.8m613.7m924.5m990.2m1.0b1.1b1.1b1.1b1.5b1.5b1.5b1.5b1.5b2.3b4.5b4.4b4.3b4.2b4.2b4.1b3.8b3.7b8.4b8.0b8.0b7.9b7.6b

Total Debt

616.1m622.9m622.7m609.3m615.2m928.0m994.3m1.0b1.1b1.1b1.1b1.5b1.5b1.5b1.5b1.5b2.3b4.5b4.4b4.4b4.3b4.3b4.1b3.9b3.8b8.5b8.0b8.0b7.9b7.6b

Total Liabilities

741.4m769.6m758.1m736.9m771.6m1.0b1.1b1.1b1.2b1.2b1.2b1.8b1.8b1.8b1.8b1.8b2.7b6.3b6.3b6.3b5.9b5.5b5.4b5.2b5.1b12.2b11.5b11.3b11.0b10.8b

Common Stock

298.0k300.0k304.0k306.0k309.0k

Preferred Stock

Additional Paid-in Capital

403.6m406.4m407.2m407.6m408.4m410.1m407.2m409.0m394.3m397.2m394.5m398.1m402.9m399.4m402.5m398.1m392.8m1.4b1.4b1.4b1.3b1.3b1.3b1.3b1.3b1.3b1.3b1.3b1.4b1.3b

Retained Earnings

(587.4m)(593.6m)(587.3m)(578.5m)(569.0m)(407.9m)(401.5m)(397.9m)(403.0m)(392.1m)(376.7m)(332.9m)(312.6m)(295.3m)(246.4m)(221.9m)(197.1m)(169.4m)(125.4m)(79.0m)330.4m400.9m484.4m654.7m701.9m675.4m910.1m984.3m1.1b1.7b

Total Equity

(183.4m)(187.0m)(179.9m)(170.6m)(160.3m)2.6m6.0m11.4m(8.4m)9.5m22.2m71.4m96.2m61.7m117.6m138.1m267.6m1.2b1.2b1.2b1.6b1.6b1.8b1.9b2.0b2.0b2.1b2.2b2.3b2.6b

Financial Leverage

-3 x-3.1 x-3.2 x-3.3 x-3.8 x405.5 x181.3 x101.1 x-136.1 x125.7 x55 x26.6 x19.4 x30.1 x16.1 x13.7 x10.9 x6.2 x6.2 x6.3 x4.7 x4.3 x4.1 x3.7 x3.6 x7.2 x6.4 x6.1 x5.9 x5.2 x

Nexstar Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(11.9m)182.5m(1.8m)64.6m76.4m93.1m475.3m388.3m236.3m808.1m

Depreciation and Amortization

21.8m23.6m63.7m60.9m95.7m97.9m260.2m259.2m323.7m427.4m

Accounts Receivable

(8.2m)(5.3m)(38.1m)(10.4m)(30.3m)(27.3m)(55.8m)30.9m2.2m(16.1m)

Accounts Payable

1.8m6.2m4.3m4.0m16.9m49.9m53.7m

Cash From Operating Activities

40.3m79.9m27.3m166.5m197.3m247.8m136.7m736.9m417.5m1.3b

Purchases of PP&E

(13.3m)(17.3m)(19.0m)(20.4m)(29.0m)(31.9m)(72.5m)(106.2m)(197.5m)(217.0m)

Cash From Investing Activities

(54.6m)(238.6m)(248.1m)(230.0m)(474.3m)(140.2m)(2.1b)(175.5m)(4.7b)(39.7m)

Long-term Borrowings

(98.5m)(377.8m)(438.8m)(73.9m)(169.3m)(83.4m)(1.9b)(653.0m)(902.2m)(2.2b)

Dividends Paid

(14.3m)(18.4m)(23.7m)(29.4m)(55.9m)(68.6m)(82.8m)(101.0m)

Cash From Financing Activities

(1.9m)220.2m191.8m155.4m188.6m(63.3m)2.0b(531.9m)4.4b(1.3b)

Net Change in Cash

(16.1m)61.5m(29.0m)91.9m(88.5m)44.3m28.0m29.5m103.6m(79.4m)

Interest Paid

(51.1m)66.4m75.1m59.2m70.4m99.9m213.7m218.7m250.7m324.3m

Income Taxes Paid

(474.0k)1.6m2.1m3.1m29.1m29.4m272.7m90.7m315.1m351.7m

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(8.9m)(15.2m)3.0m11.8m21.4m705.0k7.1m10.7m7.4m18.3m33.7m11.9m31.8m49.0m22.3m47.1m72.7m4.9m53.4m95.5m47.3m133.9m233.8m56.9m127.6m122.4m157.7m255.8m445.1m199.2m

Depreciation and Amortization

10.4m16.1m5.7m11.5m17.4m8.0m16.2m47.7m14.6m29.3m44.5m23.9m46.5m70.9m24.6m48.7m73.1m70.4m135.2m195.2m62.1m124.4m189.2m64.2m128.6m200.4m106.0m211.3m317.1m113.2m

Accounts Receivable

(3.3m)1.3m6.3m3.8m2.4m(18.2m)(30.4m)(28.4m)4.0m3.6m1.3m934.0k(7.2m)(11.6m)(6.9m)(14.4m)(22.8m)7.3m13.3m(6.2m)42.9m56.9m29.2m4.2m330.0k54.6m(7.3m)110.0m93.4m(16.5m)

Accounts Payable

(143.0k)1.3m(2.4m)(152.0k)(179.0k)560.0k5.8m4.0m343.0k8.6m5.0m(5.8m)(3.8m)10.6m(6.5m)5.7m26.0k(18.3m)13.3m(95.0k)(1.8m)

Cash From Operating Activities

22.2m35.0m26.0m42.4m68.7m13.1m13.8m45.7m44.7m73.4m120.6m49.6m80.6m140.7m38.4m96.2m163.0m(21.0m)137.9m90.8m179.4m324.1m499.7m124.6m236.4m316.0m415.1m717.3m877.5m448.3m

Purchases of PP&E

(7.0m)(10.8m)(4.1m)(7.2m)(11.0m)(6.8m)(12.5m)(16.9m)(4.0m)(9.1m)(13.9m)(6.4m)(13.4m)(21.3m)(7.7m)(15.0m)(25.6m)(13.9m)(27.7m)(48.8m)(21.1m)(36.4m)(63.6m)(28.6m)(71.5m)(110.2m)(60.1m)(115.7m)(170.1m)(32.1m)

Cash From Investing Activities

(7.9m)(31.8m)(4.0m)(7.2m)(39.5m)(127.9m)(167.1m)(237.7m)(26.0m)(94.3m)(99.1m)(438.7m)(444.1m)(453.9m)(111.6m)(118.7m)(129.0m)(2.5b)(2.5b)(2.0b)(101.0m)(118.0m)(161.7m)(13.8m)(36.9m)(4.6b)351.0m321.9m260.4m(22.8m)

Short-term Borrowings

(700.0k)

Long-term Borrowings

(75.0m)(87.8m)(24.0m)(68.4m)(95.7m)(10.0k)(32.9m)(70.9m)(3.6m)(7.8m)(9.7m)(104.5m)(149.6m)(153.8m)(21.2m)(50.2m)(75.8m)(1.3b)(1.4b)(1.9b)(75.3m)(182.5m)(334.9m)(91.8m)(203.6m)(215.4m)(457.3m)(470.3m)(1.9b)(80.4m)

Dividends Paid

(3.5m)(7.1m)(10.7m)(4.6m)(9.2m)(13.8m)(5.9m)(11.9m)(17.9m)(7.4m)(14.7m)(22.1m)(14.1m)(28.3m)(42.1m)(17.3m)(34.4m)(51.5m)(20.6m)(41.3m)(62.1m)(25.7m)(51.0m)(76.4m)(30.4m)

Cash From Financing Activities

(25.4m)(19.0m)(17.7m)(30.3m)(24.5m)68.4m129.9m147.6m(8.2m)13.0m7.1m301.7m258.5m204.7m42.5m6.2m(48.1m)2.5b2.4b2.0b(84.9m)(174.1m)(335.2m)(127.4m)(264.7m)4.5b(564.1m)(606.6m)(960.0m)(238.4m)

Net Change in Cash

(11.1m)(15.8m)4.3m4.9m4.7m(46.4m)(23.4m)(44.4m)10.6m(7.9m)28.6m(87.3m)(105.0m)(108.6m)(30.6m)(16.2m)(14.2m)(14.8m)(1.8m)48.1m(6.5m)32.0m2.8m(16.5m)(65.2m)188.9m202.0m432.6m177.8m187.1m

Interest Paid

26.7m(34.2m)(7.5m)26.1m32.7m3.4m32.1m36.9m5.5m28.9m34.7m6.4m30.7m46.2m14.8m39.2m68.1m74.7m117.6m175.0m62.3m104.9m170.8m58.8m98.1m178.9m125.5m171.3m290.3m82.1m

Income Taxes Paid

499.0k(499.0k)(43.0k)522.0k522.0k899.0k2.1m2.1m47.0k1.4m2.3m5.9m17.6m23.4m6.0m23.7m27.4m3.6m52.0m221.3m(1.2m)32.8m59.1m1.9m52.4m68.6m2.1m7.7m202.0m5.5m

Nexstar Ratios

USDQ2, 2011

Financial Leverage

-3 x

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

Nexstar Employee Rating

2.9672 votes
Culture & Values
2.8
Work/Life Balance
2.8
Senior Management
2.6
Salary & Benefits
2.8
Career Opportunities
3.1
Source
View Nexstar profile

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