Nexstar Media (NXST) Debt to Equity (2010 - 2026)

Nexstar Media (NXST) reported Debt to Equity of $5.66 for Q1 2026, up 94.51% on a YoY basis from $2.91 in Q1 2025, and up 82.67% quarter-over-quarter from $3.1 in Q4 2025.

Nexstar Media (NXST) Debt to Equity (2010 - 2026) Analysis & Trends

Nexstar Media has reported Debt to Equity for 17 years, with the latest figure at $5.66 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 94.51% year-over-year to $5.66; the trailing twelve-month figure through Mar 2026 stood at $5.66 (up 94.51% YoY), and the FY2025 full-year result was $3.1, up 6.54% from the prior year.
  • Debt to Equity for Q1 2026 stood at $5.66, up from $3.1 in the prior quarter.
  • The five-year high for Debt to Equity was $5.66 in Q1 2026, with the low at $2.43 in Q3 2022.
  • Historically, Debt to Equity has averaged $2.96 across 5 years, with a median of $2.9 in 2024.
  • Annual changes were most pronounced in 2022 — Debt to Equity decreased 15.17% — and 2026, when it jumped 94.51%.
  • Nexstar Media's Debt to Equity stood at $2.51 in 2022, then rose by 17.75% to $2.96 in 2023, then fell by 1.57% to $2.91 in 2024, then rose by 6.54% to $3.1 in 2025, then surged by 82.67% to $5.66 in 2026.
  • The last three Debt to Equity figures came in at $5.66 (Q1 2026), $3.1 (Q4 2025), and $2.81 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Nexstar Media 5.44 Bn 5.04 Bn -505.00 Mn 5.66
2 FuboTV 3.41 Bn 5.34 Bn 348.72 Mn 0.00
3 Newsmax 996.58 Mn 956.14 Mn 21.36 Mn -
4 iHeartMedia 598.23 Mn 466.54 Mn 509.13 Mn -2.62
5 Gray Media 394.79 Mn 135.79 Mn 213.00 Mn 2.72
6 E.W. Scripps 304.31 Mn 220.58 Mn 206.07 Mn 2.05
7 CuriosityStream 163.77 Mn 154.55 Mn 11.62 Mn -
8 Mediaco Holding 58.80 Mn 58.80 Mn -3.44 Mn 2.07
9 Saga Communications 54.09 Mn 23.65 Mn 17.72 Mn 0.03
10 Beasley Broadcast 38.85 Mn 32.43 Mn - -4.72

Historic Data

Download Data
DateValue
Mar 31, 2026 5.66
Dec 31, 2025 3.10
Sep 30, 2025 2.81
Jun 30, 2025 2.85
Mar 31, 2025 2.91
Dec 31, 2024 2.91
Sep 30, 2024 3.04
Jun 30, 2024 2.97
Mar 31, 2024 2.90
Dec 31, 2023 2.96
Sep 30, 2023 2.93
Jun 30, 2023 2.69
Mar 31, 2023 2.61
Dec 31, 2022 2.51
Sep 30, 2022 2.43
Jun 30, 2022 2.52
Mar 31, 2022 2.49
Dec 31, 2021 2.60
Sep 30, 2021 2.87
Jun 30, 2021 2.90