FWONA vs NXST vs LLYVA Stock Comparison

Liberty Media, Nexstar Media and Liberty Live Holdings Prices as of Nov 5, 2026 Peers: Industry group
FWONA Liberty Media Corp
$99.72 +13.7% 1M +8.3% 1Y
Market cap
$22.38B
P/E
44.9x
Revenue (TTM)
$4.48B
Div. yield
–
Live Entertainment Communication Services
4 wins
NXST Nexstar Media Group, Inc.
$187.88 +19.4% 1M -4.3% 1Y
Market cap
$5.79B
P/E
15.5x
Revenue (TTM)
$6.81B
Div. yield
3.96%
Television Broadcasting Communication Services
5 wins

Head to Head

11 decided of 12

Nexstar Media leads on 5 of the 12 questions below (Nexstar Media 5, Liberty Media 4, Liberty Live Holdings 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFWONANXSTLLYVALeader
Larger companyMarket capitalisation $22.38B $5.79B $9.55B FWONA
Cheaper on earningsLower P/E, profitable companies only 44.9x 15.5x -189.6x NXST
Cheaper on forward earningsLower price / next fiscal year consensus EPS 53.9x 5.7x — NXST
Faster revenue growthRevenue growth, trailing twelve months +10.9% +32.3% +28.3% NXST
More profitableNet margin, trailing twelve months 12.5% 5.5% -11.2% FWONA
Better return on capitalReturn on invested capital 3.0% 7.7% -2.3% NXST
Less leveragedLower net debt / EBITDA 3.0x 5.6x -80.7x LLYVA
Higher dividend yieldTrailing dividend yield — 3.96% — –
Better 1-year returnPrice return, last 12 months +8.3% -4.3% +29.7% LLYVA
Better 5-year returnAnnualised price return, 5 years +13.3%/yr +2.3%/yr — FWONA
Less volatileAnnualised volatility, 1 year 26.4% 37.0% 30.4% FWONA
Higher overall scoreMean of the five percentile scores vs peers 65/100 70/100 14/100 NXST

Percentile Scorecard

FWONANXSTLLYVA

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

AxisFWONANXSTLLYVA
Valuation 42 #8 of 13 85 #9 of 53 0 #13 of 13
Growth 80 #3 of 11 79 #10 of 44 30 #8 of 11
Profitability 70 #4 of 11 86 #7 of 43 10 #10 of 11
Financial Health 67 #5 of 13 40 #37 of 61 17 #11 of 13
Shareholder Returns – 61 #12 of 29 –
Overall 65 70 14
  • FWONA ranked among 13 companies in Live Venues
  • NXST ranked among 62 companies in Advertising and Media
  • LLYVA ranked among 13 companies in Live Venues

Price Performance

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

Returns

PeriodFWONANXSTLLYVASPY
1 month +13.7%+19.4%+7.9% -5.9%
3 months +9.3%0.0%+4.3% -4.6%
6 months +16.3%-3.4%+8.9% +0.2%
Year to date +11.6%-7.5%+27.4% +7.5%
1 year +8.3%-4.3%+29.7% +8.2%
3 years +73.7%+22.2%+203.8% +68.3%
3 years, per year +20.2%+6.9%+44.9% +19.0%
5 years +86.7%+12.1%— +56.5%
5 years, per year +13.3%+2.3%— +9.4%
10 years +266.2%+296.8%— +251.5%
10 years, per year +13.9%+14.8%— +13.4%

Risk

MeasureFWONANXSTLLYVASPY
Volatility, 1Y 26.4%37.0%30.4% 13.6%
Downside volatility, 1Y 22.6%38.1%30.4% 14.2%
Beta vs S&P 500, 1Y 0.080.380.66 1.00
Return / volatility, 1Y 0.31-0.120.98 0.60
Max drawdown, 5Y -25.7%-39.0%-24.4% -25.4%
From 52-week high 0.0%-25.9%-2.4% -5.9%
52-week high $99.72$253.64$106.37 $779.14
52-week low $74.51$154.70$74.85 $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.

MultipleFWONANXSTLLYVA
P/E now vs peer median 44.9xmedian 41.0x 15.5xmedian 14.0x -189.6xmedian 41.0x
P/S now vs peer median 5.0xmedian 1.3x 0.9xmedian 0.5x 21.2xmedian 1.3x
EV/EBITDA now vs peer median 24.4xmedian 16.5x 8.6xmedian 9.6x -607.1xmedian 16.5x
P/FCF now vs peer median 22.9xmedian 18.5x 4.5xmedian 8.0x -410.0xmedian 18.5x
P/B now vs peer median 2.8xmedian 2.8x 2.3xmedian 1.6x -32.5xmedian 2.8x
PEG now vs peer median 5.08median 0.48 -20.87median 0.40 —median 0.48

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 monthsFWONANXSTLLYVA
Revenue $4.48B $6.81B $451.16M
Gross profit $1.62B $3.77B $75.03M
Operating income $595.00M $1.40B -$44.25M
Net income $556.00M $353.00M -$50.56M
Free cash flow $978.00M $1.29B -$23.31M
EPS (diluted) $2.11 $12.03 $-0.54
Cash & equivalents $1.76B $446.00M $492.91M
Total debt $5.53B $11.41B $1.96B
Shares (diluted) 264.00M 31.01M 92.69M
Enterprise value $16.86B $4.44B $7.49B

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
MetricFWONANXSTLLYVA
P/E 44.9x 15.5x -189.6x
P/FCF 22.9x 4.5x -410.0x
P/Operating cash flow 19.5x 4.0x -410.0x
P/S 5.0x 0.9x 21.2x
P/B 2.8x 2.3x -32.5x
P/Tangible book 7.2x -2.2x -23.2x
EV/EBITDA 24.4x 8.6x -607.1x
EV/EBIT 43.0x 12.0x -249.0x
EV/Revenue 5.7x 2.5x 24.4x
EV/FCF 26.1x 13.0x -472.8x
EV/Operating cash flow 22.3x 11.5x -472.8x
PEG (3Y EPS CAGR) 5.08 -20.87 –

Growth

14 metrics
MetricFWONANXSTLLYVA
Revenue growth (1Y) 10.9% 32.3% 28.3%
Revenue CAGR (3Y) 48.2% 10.0% –
Gross profit growth (1Y) 548.6% 29.1% –
Gross profit CAGR (3Y) 29.4% 7.9% –
Operating income growth (1Y) 51.0% 36.7% 62.6%
Operating income CAGR (3Y) 35.3% 22.0% –
Net income growth (1Y) 511.9% -26.9% 88.4%
Net income CAGR (3Y) -26.9% 0.5% –
EPS growth (1Y) 662.6% -28.7% –
EPS CAGR (3Y) 8.8% -0.7% –
Operating cash flow growth (1Y) 42.7% 31.0% -22.8%
Operating cash flow CAGR (3Y) 58.4% 12.1% –
Free cash flow growth (1Y) 35.1% 31.2% -22.8%
Free cash flow CAGR (3Y) 51.0% 14.3% –

Profitability

14 metrics
MetricFWONANXSTLLYVA
Gross margin 36.0% 55.4% 16.6%
EBITDA margin 23.4% 28.7% -4.0%
Operating margin 13.3% 20.6% -9.8%
Pretax margin 11.9% 6.7% -13.6%
Net margin 12.5% 5.5% -11.2%
FCF margin 21.8% 18.9% -5.2%
Operating cash flow margin 25.6% 21.4% -5.2%
Return on equity 7.2% 15.6% –
Return on assets 3.4% 2.1% -2.5%
Return on invested capital 3.0% 7.7% -2.3%
Return on capital employed 4.3% 8.8% –
Asset turnover 0.3x 0.4x 0.2x
Cash conversion (OCF / net income) 2.1x 4.1x 0.5x
Stock comp / revenue 0.5% 1.5% 2.1%

Financial Health

11 metrics
MetricFWONANXSTLLYVA
Debt / assets 33.0% 64.2% 95.7%
Debt / equity 0.7x 4.6x -6.6x
Net debt / EBITDA 3.0x 5.6x -80.7x
Debt / FCF 5.7x 8.8x -84.0x
Liabilities / assets 53.0% 86.1% 114.4%
Equity / assets 47.0% 13.9% -14.4%
Interest coverage 2.1x 2.4x -1.5x
Current ratio 1.3x 1.3x 0.3x
Quick ratio 1.1x 1.1x 0.2x
Cash ratio 1.0x 0.3x 0.2x
Altman Z-score 2.62 1.21 1.18

Shareholder Returns

7 metrics
MetricFWONANXSTLLYVA
Dividend yield – 4.0% –
Net buyback yield – – –
Shareholder yield – 4.0% –
Payout ratio (earnings) – 64.6% –
Payout ratio (FCF) – 17.7% –
Dividend growth (1Y) – 3.2% –
Dividend CAGR (3Y) – 8.4% –

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.

ConsensusFWONANXSTLLYVA
Forward P/E 53.9xFY2026 5.7xFY2026 –
EPS, next fiscal year $1.85FY2026 $32.94FY2026 –
EPS growth, next FY -16.3%FY2026 +998.0%FY2026 –
EPS growth, the year after +14.1% -45.6% –
Revenue, next fiscal year $4.97BFY2026 $8.32BFY2026 –
Revenue growth, next FY +10.9%FY2026 +68.2%FY2026 –
Revenue growth, the year after -0.7% -4.3% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFWONANXSTLLYVA
Held by institutions 9.3% 100.0% 100.0%
Institutions holding 302 488 250
Change in shares held, QoQ +10.2% +4.0% +0.9%
Institutions buying 154 220 104
Institutions selling 77 181 70
Buyers to sellers 2.00 1.22 1.49

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.

FWONANXSTLLYVA
FWONA 1.00 0.15 0.37
NXST 0.15 1.00 0.18
LLYVA 0.37 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FWONA, NXST and LLYVA?

Liberty Media (FWONA) is the largest by market capitalisation: Liberty Media (FWONA) $22.38B, Nexstar Media (NXST) $5.79B, Liberty Live Holdings (LLYVA) $9.55B.

Which stock is cheaper, FWONA, NXST and LLYVA?

Nexstar Media (NXST) trades on the lowest price-to-earnings ratio (Liberty Media (FWONA) 44.9x, Nexstar Media (NXST) 15.5x, Liberty Live Holdings (LLYVA) -189.6x). On next year's consensus earnings, Nexstar Media (NXST) is cheapest (Liberty Media (FWONA) 53.9x, Nexstar Media (NXST) 5.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nexstar Media (NXST) grew revenue fastest over the trailing twelve months: Liberty Media (FWONA) +10.9%, Nexstar Media (NXST) +32.3%, Liberty Live Holdings (LLYVA) +28.3%.

Which company is more profitable?

Liberty Media (FWONA) has the highest net margin (Liberty Media (FWONA) 12.5%, Nexstar Media (NXST) 5.5%, Liberty Live Holdings (LLYVA) -11.2%). On return on invested capital, Nexstar Media (NXST) leads (Liberty Media (FWONA) 3.0%, Nexstar Media (NXST) 7.7%, Liberty Live Holdings (LLYVA) -2.3%).

Which stock has performed better?

Over the past year Liberty Live Holdings (LLYVA) returned the most: Liberty Media (FWONA) +8.3%, Nexstar Media (NXST) -4.3%, Liberty Live Holdings (LLYVA) +29.7%. Over five years, Liberty Media (FWONA) compounded fastest (Liberty Media (FWONA) +13.3%/yr, Nexstar Media (NXST) +2.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Nexstar Media (NXST) 3.96%. Liberty Media (FWONA) and Liberty Live Holdings (LLYVA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Liberty Media (FWONA) has been the steadiest (Liberty Media (FWONA) 26.4%, Nexstar Media (NXST) 37.0%, Liberty Live Holdings (LLYVA) 30.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FWONA, NXST and LLYVA?

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 5. 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.