SBGI vs FWONA vs NXST Stock Comparison

Sinclair, Liberty Media and Nexstar Media Prices as of Nov 5, 2026 Peers: Industry group
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SBGI Sinclair, Inc.
$14.17 +9.3% 1M +4.0% 1Y
Market cap
$1.02B
P/E
10.7x
Revenue (TTM)
$3.38B
Div. yield
7.06%
Television Broadcasting Communication Services
2 wins
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
6 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
4 wins

Head to Head

12 decided of 12

Liberty Media leads on 6 of the 12 questions below (Liberty Media 6, Nexstar Media 4, Sinclair 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSBGIFWONANXSTLeader
Larger companyMarket capitalisation $1.02B $22.38B $5.79B FWONA
Cheaper on earningsLower P/E, profitable companies only 10.7x 44.9x 15.5x SBGI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.4x 53.9x 5.7x NXST
Faster revenue growthRevenue growth, trailing twelve months +1.2% +10.9% +32.3% NXST
More profitableNet margin, trailing twelve months 2.8% 12.5% 5.5% FWONA
Better return on capitalReturn on invested capital 6.6% 3.0% 7.7% NXST
Less leveragedLower net debt / EBITDA 6.2x 3.0x 5.6x FWONA
Higher dividend yieldTrailing dividend yield 7.06% — 3.96% SBGI
Better 1-year returnPrice return, last 12 months +4.0% +8.3% -4.3% FWONA
Better 5-year returnAnnualised price return, 5 years -12.4%/yr +13.3%/yr +2.3%/yr FWONA
Less volatileAnnualised volatility, 1 year 46.0% 26.4% 37.0% FWONA
Higher overall scoreMean of the five percentile scores vs peers 60/100 65/100 70/100 NXST

Percentile Scorecard

SBGIFWONANXST

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

AxisSBGIFWONANXST
Valuation 81 #11 of 53 42 #8 of 13 85 #9 of 53
Growth 56 #20 of 44 80 #3 of 11 79 #10 of 44
Profitability 69 #14 of 43 70 #4 of 11 86 #7 of 43
Financial Health 38 #38 of 61 67 #5 of 13 40 #37 of 61
Shareholder Returns 54 #14 of 29 – 61 #12 of 29
Overall 60 65 70
  • SBGI ranked among 62 companies in Advertising and Media
  • FWONA ranked among 13 companies in Live Venues
  • NXST 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

PeriodSBGIFWONANXSTSPY
1 month +9.3%+13.7%+19.4% -5.9%
3 months -4.0%+9.3%0.0% -4.6%
6 months -0.1%+16.3%-3.4% +0.2%
Year to date -7.4%+11.6%-7.5% +7.5%
1 year +4.0%+8.3%-4.3% +8.2%
3 years -1.8%+73.7%+22.2% +68.3%
3 years, per year -0.6%+20.2%+6.9% +19.0%
5 years -48.3%+86.7%+12.1% +56.5%
5 years, per year -12.4%+13.3%+2.3% +9.4%
10 years -44.6%+266.2%+296.8% +251.5%
10 years, per year -5.7%+13.9%+14.8% +13.4%

Risk

MeasureSBGIFWONANXSTSPY
Volatility, 1Y 46.0%26.4%37.0% 13.6%
Downside volatility, 1Y 42.4%22.6%38.1% 14.2%
Beta vs S&P 500, 1Y 0.270.080.38 1.00
Return / volatility, 1Y 0.090.31-0.12 0.60
Max drawdown, 5Y -67.8%-25.7%-39.0% -25.4%
From 52-week high -16.6%0.0%-25.9% -5.9%
52-week high $17.00$99.72$253.64 $779.14
52-week low $11.97$74.51$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.

MultipleSBGIFWONANXST
P/E now vs peer median 10.7xmedian 14.0x 44.9xmedian 41.0x 15.5xmedian 14.0x
P/S now vs peer median 0.3xmedian 0.5x 5.0xmedian 1.3x 0.9xmedian 0.5x
EV/EBITDA now vs peer median 8.1xmedian 9.6x 24.4xmedian 16.5x 8.6xmedian 9.6x
P/FCF now vs peer median 3.9xmedian 8.0x 22.9xmedian 18.5x 4.5xmedian 8.0x
P/B now vs peer median 2.5xmedian 1.6x 2.8xmedian 2.8x 2.3xmedian 1.6x
PEG now vs peer median -1.48median 0.40 5.08median 0.48 -20.87median 0.40

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 monthsSBGIFWONANXST
Revenue $3.38B $4.48B $6.81B
Gross profit – $1.62B $3.77B
Operating income $291.00M $595.00M $1.40B
Net income $96.00M $556.00M $353.00M
Free cash flow $262.00M $978.00M $1.29B
EPS (diluted) $1.32 $2.11 $12.03
Cash & equivalents $659.00M $1.76B $446.00M
Total debt $4.04B $5.53B $11.41B
Shares (diluted) 72.46M 264.00M 31.01M
Enterprise value -$2.03B $16.86B $4.44B

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
MetricSBGIFWONANXST
P/E 10.7x 44.9x 15.5x
P/FCF 3.9x 22.9x 4.5x
P/Operating cash flow 3.0x 19.5x 4.0x
P/S 0.3x 5.0x 0.9x
P/B 2.5x 2.8x 2.3x
P/Tangible book 2.7x 7.2x -2.2x
EV/EBITDA 8.1x 24.4x 8.6x
EV/EBIT 15.1x 43.0x 12.0x
EV/Revenue 1.3x 5.7x 2.5x
EV/FCF 16.8x 26.1x 13.0x
EV/Operating cash flow 13.1x 22.3x 11.5x
PEG (3Y EPS CAGR) -1.48 5.08 -20.87

Growth

14 metrics
MetricSBGIFWONANXST
Revenue growth (1Y) 1.2% 10.9% 32.3%
Revenue CAGR (3Y) 1.1% 48.2% 10.0%
Gross profit growth (1Y) – 548.6% 29.1%
Gross profit CAGR (3Y) – 29.4% 7.9%
Operating income growth (1Y) -18.9% 51.0% 36.7%
Operating income CAGR (3Y) -1.9% 35.3% 22.0%
Net income growth (1Y) 328.6% 511.9% -26.9%
Net income CAGR (3Y) -7.2% -26.9% 0.5%
EPS growth (1Y) 305.1% 662.6% -28.7%
EPS CAGR (3Y) -7.2% 8.8% -0.7%
Operating cash flow growth (1Y) 16.3% 42.7% 31.0%
Operating cash flow CAGR (3Y) -11.5% 58.4% 12.1%
Free cash flow growth (1Y) 24.2% 35.1% 31.2%
Free cash flow CAGR (3Y) -11.9% 51.0% 14.3%

Profitability

14 metrics
MetricSBGIFWONANXST
Gross margin – 36.0% 55.4%
EBITDA margin 16.0% 23.4% 28.7%
Operating margin 8.6% 13.3% 20.6%
Pretax margin 2.6% 11.9% 6.7%
Net margin 2.8% 12.5% 5.5%
FCF margin 7.8% 21.8% 18.9%
Operating cash flow margin 10.0% 25.6% 21.4%
Return on equity 28.9% 7.2% 15.6%
Return on assets 1.9% 3.4% 2.1%
Return on invested capital 6.6% 3.0% 7.7%
Return on capital employed 6.1% 4.3% 8.8%
Asset turnover 0.6x 0.3x 0.4x
Cash conversion (OCF / net income) 3.5x 2.1x 4.1x
Stock comp / revenue 1.5% 0.5% 1.5%

Financial Health

11 metrics
MetricSBGIFWONANXST
Debt / assets 73.2% 33.0% 64.2%
Debt / equity 9.8x 0.7x 4.6x
Net debt / EBITDA 6.2x 3.0x 5.6x
Debt / FCF 15.4x 5.7x 8.8x
Liabilities / assets 92.6% 53.0% 86.1%
Equity / assets 7.4% 47.0% 13.9%
Interest coverage 0.9x 2.1x 2.4x
Current ratio 2.0x 1.3x 1.3x
Quick ratio 1.7x 1.1x 1.1x
Cash ratio 0.9x 1.0x 0.3x
Altman Z-score 1.00 2.62 1.21

Shareholder Returns

7 metrics
MetricSBGIFWONANXST
Dividend yield 7.1% – 4.0%
Net buyback yield – – –
Shareholder yield 7.1% – 4.0%
Payout ratio (earnings) 75.0% – 64.6%
Payout ratio (FCF) 27.5% – 17.7%
Dividend growth (1Y) 4.3% – 3.2%
Dividend CAGR (3Y) 2.4% – 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.

ConsensusSBGIFWONANXST
Forward P/E 11.4xFY2026 53.9xFY2026 5.7xFY2026
EPS, next fiscal year $1.24FY2026 $1.85FY2026 $32.94FY2026
EPS growth, next FY – -16.3%FY2026 +998.0%FY2026
EPS growth, the year after -196.0% +14.1% -45.6%
Revenue, next fiscal year $3.73BFY2026 $4.97BFY2026 $8.32BFY2026
Revenue growth, next FY +17.8%FY2026 +10.9%FY2026 +68.2%FY2026
Revenue growth, the year after -17.3% -0.7% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSBGIFWONANXST
Held by institutions 44.4% 9.3% 100.0%
Institutions holding 178 302 488
Change in shares held, QoQ +6.0% +10.2% +4.0%
Institutions buying 113 154 220
Institutions selling 36 77 181
Buyers to sellers 3.14 2.00 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.

SBGIFWONANXST
SBGI 1.00 0.18 0.57
FWONA 0.18 1.00 0.15
NXST 0.57 0.15 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SBGI, FWONA and NXST?

Liberty Media (FWONA) is the largest by market capitalisation: Sinclair (SBGI) $1.02B, Liberty Media (FWONA) $22.38B, Nexstar Media (NXST) $5.79B.

Which stock is cheaper, SBGI, FWONA and NXST?

Sinclair (SBGI) trades on the lowest price-to-earnings ratio (Sinclair (SBGI) 10.7x, Liberty Media (FWONA) 44.9x, Nexstar Media (NXST) 15.5x). On next year's consensus earnings, Nexstar Media (NXST) is cheapest (Sinclair (SBGI) 11.4x, 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: Sinclair (SBGI) +1.2%, Liberty Media (FWONA) +10.9%, Nexstar Media (NXST) +32.3%.

Which company is more profitable?

Liberty Media (FWONA) has the highest net margin (Sinclair (SBGI) 2.8%, Liberty Media (FWONA) 12.5%, Nexstar Media (NXST) 5.5%). On return on invested capital, Nexstar Media (NXST) leads (Sinclair (SBGI) 6.6%, Liberty Media (FWONA) 3.0%, Nexstar Media (NXST) 7.7%).

Which stock has performed better?

Over the past year Liberty Media (FWONA) returned the most: Sinclair (SBGI) +4.0%, Liberty Media (FWONA) +8.3%, Nexstar Media (NXST) -4.3%. Over five years, Liberty Media (FWONA) compounded fastest (Sinclair (SBGI) -12.4%/yr, Liberty Media (FWONA) +13.3%/yr, Nexstar Media (NXST) +2.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Sinclair (SBGI) has the highest dividend yield: Sinclair (SBGI) 7.06%, Nexstar Media (NXST) 3.96%. Liberty Media (FWONA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Liberty Media (FWONA) has been the steadiest (Sinclair (SBGI) 46.0%, Liberty Media (FWONA) 26.4%, Nexstar Media (NXST) 37.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SBGI, FWONA 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, Liberty Media (FWONA) 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.