CALX vs NXST Stock Comparison

Calix and Nexstar Media Prices as of Oct 28, 2026 Peers: Industry group
CALX Calix, Inc
$38.13 +14.9% 1M -38.3% 1Y
Market cap
$2.40B
P/E
47.3x
Revenue (TTM)
$1.11B
Div. yield
–
Networking Equipment Technology
3 wins
NXST Nexstar Media Group, Inc.
$164.49 +1.7% 1M -14.0% 1Y
Market cap
$5.07B
P/E
26.8x
Revenue (TTM)
$5.88B
Div. yield
4.52%
Television Broadcasting Communication Services
6 wins

Head to Head

9 decided of 12

Nexstar Media leads on 6 of the 12 questions below (Nexstar Media 6, Calix 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCALXNXSTLeader
Larger companyMarket capitalisation $2.40B $5.07B NXST
Cheaper on earningsLower P/E, profitable companies only 47.3x 26.8x NXST
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.5x 5.0x NXST
Faster revenue growthRevenue growth, trailing twelve months +27.8% +10.5% CALX
More profitableNet margin, trailing twelve months 4.6% 3.2% CALX
Better return on capitalReturn on invested capital — 5.8% –
Less leveragedLower net debt / EBITDA — 8.3x –
Higher dividend yieldTrailing dividend yield — 4.52% –
Better 1-year returnPrice return, last 12 months -38.3% -14.0% NXST
Better 5-year returnAnnualised price return, 5 years -9.4%/yr +1.9%/yr NXST
Less volatileAnnualised volatility, 1 year 41.6% 36.6% NXST
Higher overall scoreMean of the five percentile scores vs peers 76/100 50/100 CALX

Percentile Scorecard

CALXNXST

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCALXNXST
Valuation 59 #46 of 111 67 #18 of 53
Growth 82 #20 of 108 28 #32 of 44
Profitability 64 #38 of 104 71 #13 of 42
Financial Health 75 #29 of 115 40 #37 of 61
Shareholder Returns 97 #3 of 78 44 #15 of 26
Overall 76 50
  • CALX ranked among 121 companies in Computer Hardware
  • NXST ranked among 61 companies in Advertising and Media

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCALXNXSTSPY
1 month +14.9%+1.7% +0.9%
3 months +7.2%-16.5% +5.9%
6 months -8.5%-18.9% +8.5%
Year to date -28.0%-19.0% +13.3%
1 year -38.3%-14.0% +12.4%
3 years +16.6%+21.4% +88.1%
3 years, per year +5.2%+6.7% +23.5%
5 years -39.1%+9.7% +68.2%
5 years, per year -9.4%+1.9% +11.0%
10 years +495.8%+237.8% +263.4%
10 years, per year +19.5%+12.9% +13.8%

Risk

MeasureCALXNXSTSPY
Volatility, 1Y 41.6%36.6% 12.7%
Downside volatility, 1Y 43.8%37.7% 12.7%
Beta vs S&P 500, 1Y 0.880.44 1.00
Return / volatility, 1Y -0.92-0.38 0.98
Max drawdown, 5Y -65.3%-39.0% -25.4%
From 52-week high -44.3%-35.1% -0.9%
52-week high $68.42$253.64 $779.14
52-week low $33.15$154.70 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCALXNXST
P/E now vs peer median 47.3xmedian 33.5x 26.8xmedian 18.7x
P/S now vs peer median 2.2xmedian 2.8x 0.9xmedian 0.6x
EV/EBITDA now vs peer median 27.9xmedian 19.6x 11.9xmedian 10.6x
P/FCF now vs peer median 28.1xmedian 29.8x 6.8xmedian 8.9x
P/B now vs peer median 3.4xmedian 2.9x 2.2xmedian 1.6x
PEG now vs peer median 6.69median 1.10 -0.84median 0.49

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCALXNXST
Revenue $1.11B $5.88B
Gross profit $628.73M $3.21B
Operating income $61.25M $1.04B
Net income $51.19M $168.00M
Free cash flow $85.42M $743.00M
R&D $207.99M –
EPS (diluted) $0.78 $6.08
Cash & equivalents $68.91M $218.00M
Total debt – $11.74B
Shares (diluted) 65.51M 30.91M
Enterprise value $1.24B $3.87B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCALXNXST
P/E 47.3x 26.8x
P/FCF 28.1x 6.8x
P/Operating cash flow 21.9x 5.7x
P/S 2.2x 0.9x
P/B 3.4x 2.2x
P/Tangible book 3.4x -1.8x
EV/EBITDA 27.9x 11.9x
EV/EBIT 36.0x 15.9x
EV/Revenue 2.0x 2.8x
EV/FCF 25.8x 22.3x
EV/Operating cash flow 20.1x 18.6x
PEG (3Y EPS CAGR) 6.69 -0.84

Growth

14 metrics
MetricCALXNXST
Revenue growth (1Y) 27.8% 10.5%
Revenue CAGR (3Y) 3.9% 3.8%
Gross profit growth (1Y) 30.3% 4.0%
Gross profit CAGR (3Y) 7.4% 0.5%
Operating income growth (1Y) 273.3% -11.9%
Operating income CAGR (3Y) 3.8% 0.4%
Net income growth (1Y) 290.5% -71.9%
Net income CAGR (3Y) 4.9% -35.6%
EPS growth (1Y) 287.6% -70.7%
EPS CAGR (3Y) 7.1% -31.9%
Operating cash flow growth (1Y) 24.5% -35.3%
Operating cash flow CAGR (3Y) 41.8% -11.1%
Free cash flow growth (1Y) 19.4% -40.7%
Free cash flow CAGR (3Y) 62.0% -12.3%

Profitability

14 metrics
MetricCALXNXST
Gross margin 56.6% 54.6%
EBITDA margin 7.1% 23.7%
Operating margin 5.5% 17.8%
Pretax margin 6.5% 3.6%
Net margin 4.6% 3.2%
FCF margin 7.7% 12.6%
Operating cash flow margin 9.9% 15.2%
Return on equity 7.1% 8.3%
Return on assets 5.4% 1.0%
Return on invested capital – 5.8%
Return on capital employed 8.2% 6.3%
Asset turnover 1.2x 0.3x
Cash conversion (OCF / net income) 2.1x 5.3x
Stock comp / revenue 7.2% 1.7%

Financial Health

11 metrics
MetricCALXNXST
Debt / assets – 66.3%
Debt / equity – 5.2x
Net debt / EBITDA – 8.3x
Debt / FCF – 15.8x
Liabilities / assets 25.6% 87.2%
Equity / assets 74.4% 12.8%
Interest coverage – 2.1x
Current ratio 2.8x 1.6x
Quick ratio 1.6x 1.4x
Cash ratio 0.9x 0.2x
Altman Z-score 7.25 1.06

Shareholder Returns

7 metrics
MetricCALXNXST
Dividend yield – 4.5%
Net buyback yield 8.0% –
Shareholder yield 8.0% 4.5%
Payout ratio (earnings) – 134.5%
Payout ratio (FCF) – 30.4%
Dividend growth (1Y) – 2.7%
Dividend CAGR (3Y) – 10.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCALXNXST
Forward P/E 23.5xFY2026 5.0xFY2026
EPS, next fiscal year $1.62FY2026 $32.94FY2026
EPS growth, next FY +20.9%FY2026 +998.0%FY2026
EPS growth, the year after +48.1% -45.6%
Revenue, next fiscal year $1.11BFY2026 $8.32BFY2026
Revenue growth, next FY +11.0%FY2026 +68.2%FY2026
Revenue growth, the year after +18.8% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCALXNXST
Held by institutions 94.5% 100.0%
Institutions holding 288 486
Change in shares held, QoQ +0.5% +4.0%
Institutions buying 148 220
Institutions selling 111 181
Buyers to sellers 1.33 1.22

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CALXNXST
CALX 1.00 0.21
NXST 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CALX and NXST?

Nexstar Media (NXST) is the largest by market capitalisation: Calix (CALX) $2.40B, Nexstar Media (NXST) $5.07B.

Which stock is cheaper, CALX and NXST?

Nexstar Media (NXST) trades on the lowest price-to-earnings ratio (Calix (CALX) 47.3x, Nexstar Media (NXST) 26.8x). On next year's consensus earnings, Nexstar Media (NXST) is cheapest (Calix (CALX) 23.5x, Nexstar Media (NXST) 5.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Calix (CALX) grew revenue fastest over the trailing twelve months: Calix (CALX) +27.8%, Nexstar Media (NXST) +10.5%.

Which company is more profitable?

Calix (CALX) has the highest net margin (Calix (CALX) 4.6%, Nexstar Media (NXST) 3.2%).

Which stock has performed better?

Over the past year Nexstar Media (NXST) returned the most: Calix (CALX) -38.3%, Nexstar Media (NXST) -14.0%. Over five years, Nexstar Media (NXST) compounded fastest (Calix (CALX) -9.4%/yr, Nexstar Media (NXST) +1.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Nexstar Media (NXST) 4.52%. Calix (CALX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Nexstar Media (NXST) has been the steadiest (Calix (CALX) 41.6%, Nexstar Media (NXST) 36.6%). Volatility measures how widely the price swings, not the risk of the business.

Do CALX and NXST move together?

Their daily returns over the past year have a correlation of 0.21, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, CALX and NXST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nexstar Media (NXST) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.