NXST vs WBD vs SKYD Stock Comparison

Nexstar Media, Warner Bros. Discovery and Skydance Prices as of Oct 26, 2026 Peers: Industry group
NXST Nexstar Media Group, Inc.
$164.75 +1.6% 1M -13.6% 1Y
Market cap
$5.09B
P/E
27.0x
Revenue (TTM)
$5.88B
Div. yield
0.04%
Television Broadcasting Communication Services
5 wins
WBD Warner Bros. Discovery, Inc.
$30.98 +9.7% 1M +62.4% 1Y
Market cap
$77.70B
P/E
–
Revenue (TTM)
$36.12B
Div. yield
–
Television Broadcasting Communication Services
5 wins
SKYD Skydance Corp
$7.48 -24.9% 1M -55.3% 1Y
Market cap
$8.34B
P/E
–
Revenue (TTM)
—
Div. yield
–
Television Broadcasting Communication Services

Head to Head

10 decided of 12

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

QuestionNXSTWBDSKYDLeader
Larger companyMarket capitalisation $5.09B $77.70B $8.34B WBD
Cheaper on earningsLower P/E, profitable companies only 27.0x -24.6x — –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.0x — 18.2x NXST
Faster revenue growthRevenue growth, trailing twelve months +10.5% -6.1% — NXST
More profitableNet margin, trailing twelve months 3.2% -8.8% — NXST
Better return on capitalReturn on invested capital 5.8% -1.6% — NXST
Less leveragedLower net debt / EBITDA 8.3x 7.5x — WBD
Higher dividend yieldTrailing dividend yield 0.04% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -13.6% +62.4% -55.3% WBD
Better 5-year returnAnnualised price return, 5 years +2.6%/yr +3.2%/yr -26.9%/yr WBD
Less volatileAnnualised volatility, 1 year 36.7% 26.7% 58.8% WBD
Higher overall scoreMean of the five percentile scores vs peers 53/100 31/100 — NXST

Percentile Scorecard

NXSTWBDSKYD

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

AxisNXSTWBDSKYD
Valuation 68 #18 of 54 23 #42 of 54 –
Growth 30 #32 of 45 25 #34 of 45 –
Profitability 74 #12 of 43 36 #28 of 43 –
Financial Health 36 #40 of 62 41 #37 of 62 59 #26 of 62
Shareholder Returns 56 #12 of 26 – –
Overall 53 31 –
  • NXST ranked among 62 companies in Advertising and Media
  • WBD ranked among 62 companies in Advertising and Media
  • SKYD ranked among 62 companies in Advertising and Media

Price Performance

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

Returns

PeriodNXSTWBDSKYDSPY
1 month +1.6%+9.7%-24.9% -0.8%
3 months -11.3%+18.6%-6.8% +3.5%
6 months -19.6%+13.2%-29.4% +7.0%
Year to date -18.9%+7.5%-44.2% +12.2%
1 year -13.6%+62.4%-55.3% +13.0%
3 years +21.6%+201.4%-30.1% +86.3%
3 years, per year +6.7%+44.5%-11.3% +23.1%
5 years +13.6%+17.1%-79.1% +68.6%
5 years, per year +2.6%+3.2%-26.9% +11.0%
10 years +226.2%+11.3%-86.8% +258.0%
10 years, per year +12.6%+1.1%-18.3% +13.6%

Risk

MeasureNXSTWBDSKYDSPY
Volatility, 1Y 36.7%26.7%58.8% 12.7%
Downside volatility, 1Y 37.8%18.6%63.5% 12.7%
Beta vs S&P 500, 1Y 0.440.500.82 1.00
Return / volatility, 1Y -0.372.34-0.94 1.02
Max drawdown, 5Y -39.0%-78.5%-82.3% -25.4%
From 52-week high -35.0%0.0%-55.3% -1.8%
52-week high $253.64$30.98$16.74 $779.14
52-week low $154.70$17.10$6.80 $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.

MultipleNXSTWBDSKYD
P/E now vs peer median 26.8xmedian 18.4x -24.6xmedian 18.4x —median 18.4x
P/S now vs peer median 0.9xmedian 0.6x 2.2xmedian 0.6x —median 0.6x
EV/EBITDA now vs peer median 11.9xmedian 11.0x 28.0xmedian 11.0x —median 11.0x
P/FCF now vs peer median 6.8xmedian 9.1x 35.6xmedian 9.1x —median 9.1x
P/B now vs peer median 2.2xmedian 1.6x 2.3xmedian 1.6x 0.6xmedian 1.6x
PEG now vs peer median -0.84median 0.44 -1.04median 0.44 —median 0.44

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 monthsNXSTWBDSKYD
Revenue $5.88B $36.12B –
Gross profit $3.21B $17.06B –
Operating income $1.04B -$1.27B –
Net income $168.00M -$3.15B –
Free cash flow $743.00M $2.18B –
EPS (diluted) $6.08 $-1.23 –
Cash & equivalents $218.00M $3.37B $3.27B
Total debt $11.74B $32.02B $13.66B
Shares (diluted) 30.91M 2.58B 1.10B
Enterprise value $3.92B $63.36B $8.34B

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
MetricNXSTWBDSKYD
P/E 26.8x -24.6x –
P/FCF 6.8x 35.6x –
P/Operating cash flow 5.7x 22.7x –
P/S 0.9x 2.2x –
P/B 2.2x 2.3x 0.6x
P/Tangible book -1.8x 9.6x 1.2x
EV/EBITDA 11.9x 28.0x –
EV/EBIT 15.9x -83.6x –
EV/Revenue 2.8x 2.9x –
EV/FCF 22.3x 48.8x –
EV/Operating cash flow 18.6x 31.1x –
PEG (3Y EPS CAGR) -0.84 -1.04 –

Growth

14 metrics
MetricNXSTWBDSKYD
Revenue growth (1Y) 10.5% -6.1% –
Revenue CAGR (3Y) 3.8% -4.8% –
Gross profit growth (1Y) 4.0% 2.6% –
Gross profit CAGR (3Y) 0.5% 2.2% –
Operating income growth (1Y) -11.9% -675.6% –
Operating income CAGR (3Y) 0.4% 38.8% –
Net income growth (1Y) -71.9% -595.1% –
Net income CAGR (3Y) -35.6% 22.3% –
EPS growth (1Y) -70.7% -500.2% –
EPS CAGR (3Y) -31.9% 23.6% –
Operating cash flow growth (1Y) -35.3% -32.9% –
Operating cash flow CAGR (3Y) -11.1% -7.7% –
Free cash flow growth (1Y) -40.7% -46.4% –
Free cash flow CAGR (3Y) -12.3% -10.9% –

Profitability

14 metrics
MetricNXSTWBDSKYD
Gross margin 54.6% 47.2% –
EBITDA margin 23.7% 10.5% –
Operating margin 17.8% -3.5% –
Pretax margin 3.6% -10.4% –
Net margin 3.2% -8.8% –
FCF margin 12.6% 6.0% –
Operating cash flow margin 15.2% 9.5% –
Return on equity 8.3% -9.3% –
Return on assets 1.0% -3.2% –
Return on invested capital 5.8% -1.6% –
Return on capital employed 6.3% -1.6% –
Asset turnover 0.3x 0.4x –
Cash conversion (OCF / net income) 5.3x -1.1x –
Stock comp / revenue 1.7% 2.3% –

Financial Health

11 metrics
MetricNXSTWBDSKYD
Debt / assets 66.3% 32.9% 31.5%
Debt / equity 5.2x 0.9x 1.1x
Net debt / EBITDA 8.3x 7.5x –
Debt / FCF 15.8x 14.7x –
Liabilities / assets 87.2% 65.0% 70.3%
Equity / assets 12.8% 35.0% 29.7%
Interest coverage 2.1x -0.6x –
Current ratio 1.6x 0.8x 1.3x
Quick ratio 1.4x 0.5x 0.9x
Cash ratio 0.2x 0.2x 0.3x
Altman Z-score 1.06 0.82 –

Shareholder Returns

7 metrics
MetricNXSTWBDSKYD
Dividend yield 4.5% – –
Net buyback yield – – –
Shareholder yield 4.5% 0.0% –
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.

ConsensusNXSTWBDSKYD
Forward P/E 5.0xFY2026 – 18.2xFY2026
EPS, next fiscal year $32.94FY2026 $-1.08FY2026 $0.41FY2026
EPS growth, next FY +998.0%FY2026 -472.4%FY2026 -2.4%FY2026
EPS growth, the year after -45.6% – +43.9%
Revenue, next fiscal year $8.32BFY2026 $34.48BFY2026 $30.27BFY2026
Revenue growth, next FY +68.2%FY2026 -7.6%FY2026 +4.8%FY2026
Revenue growth, the year after -4.3% +11.6% +4.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNXSTWBDSKYD
Held by institutions 100.0% 77.8% –
Institutions holding 486 1,319 –
Change in shares held, QoQ +4.0% +10.9% –
Institutions buying 220 628 –
Institutions selling 181 436 –
Buyers to sellers 1.22 1.44 –

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.

NXSTWBDSKYD
NXST 1.00 0.15 0.19
WBD 0.15 1.00 0.12
SKYD 0.19 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NXST, WBD and SKYD?

Warner Bros. Discovery (WBD) is the largest by market capitalisation: Nexstar Media (NXST) $5.09B, Warner Bros. Discovery (WBD) $77.70B, Skydance (SKYD) $8.34B.

Which company is growing faster?

Nexstar Media (NXST) grew revenue fastest over the trailing twelve months: Nexstar Media (NXST) +10.5%, Warner Bros. Discovery (WBD) -6.1%.

Which company is more profitable?

Nexstar Media (NXST) has the highest net margin (Nexstar Media (NXST) 3.2%, Warner Bros. Discovery (WBD) -8.8%). On return on invested capital, Nexstar Media (NXST) leads (Nexstar Media (NXST) 5.8%, Warner Bros. Discovery (WBD) -1.6%).

Which stock has performed better?

Over the past year Warner Bros. Discovery (WBD) returned the most: Nexstar Media (NXST) -13.6%, Warner Bros. Discovery (WBD) +62.4%, Skydance (SKYD) -55.3%. Over five years, Warner Bros. Discovery (WBD) compounded fastest (Nexstar Media (NXST) +2.6%/yr, Warner Bros. Discovery (WBD) +3.2%/yr, Skydance (SKYD) -26.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Nexstar Media (NXST) 0.04%, Warner Bros. Discovery (WBD) 0.00%, Skydance (SKYD) 0.00%. Warner Bros. Discovery (WBD) and Skydance (SKYD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Warner Bros. Discovery (WBD) has been the steadiest (Nexstar Media (NXST) 36.7%, Warner Bros. Discovery (WBD) 26.7%, Skydance (SKYD) 58.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NXST, WBD and SKYD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Warner Bros. Discovery (WBD) 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.