Nexstar Media (NXST) Divestments (2014 - 2021)
Nexstar Media (NXST) reported Divestments of -$14000.0 for Q4 2021, down 366.67% on a YoY basis from $5250.0 in Q4 2020, and down 200.0% quarter-over-quarter from $14000.0 in Q3 2021.
Nexstar Media (NXST) Divestments (2014 - 2021) Analysis & Trends
Nexstar Media has reported Divestments for 6 years, with the latest figure at -$14000.0 in Q4 2021.
- For the quarter ending Q4 2021, Divestments fell 366.67% year-over-year to -$14000.0; the trailing twelve-month figure through Dec 2021 stood at $2.5 million (down 99.31% YoY), and the FY2021 full-year result was $2.5 million, down 99.31% from the prior year.
- Divestments for Q4 2021 stood at -$14000.0, down from $14000.0 in the prior quarter.
- The five-year high for Divestments was $481.9 million in Q1 2017, with the low at -$1.4 billion in Q4 2019.
- Historically, Divestments has averaged -$55.9 million across 4 years, with a median of $2000.0 in 2017.
- Annual changes were most pronounced in 2020 — Divestments surged 100.0% — and 2021, when it slumped 366.67%.
- Nexstar Media's Divestments stood at $2000.0 in 2017, then slumped by 67537750.0% to -$1.4 billion in 2019, then surged by 100.0% to -$3000.0 in 2020, then plunged by 366.67% to -$14000.0 in 2021.
- The last three Divestments figures came in at -$14000.0 (Q4 2021), $14000.0 (Q3 2021), and $2.5 million (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.40 Bn | 5.00 Bn | -505.00 Mn | - |
| 2 | FuboTV | 3.40 Bn | 5.32 Bn | 348.72 Mn | - |
| 3 | Newsmax | 970.61 Mn | 930.17 Mn | 21.36 Mn | - |
| 4 | iHeartMedia | 620.04 Mn | 488.35 Mn | 509.13 Mn | - |
| 5 | Gray Media | 389.45 Mn | 130.45 Mn | 213.00 Mn | - |
| 6 | E.W. Scripps | 307.00 Mn | 223.28 Mn | 206.07 Mn | 127.16 Mn |
| 7 | CuriosityStream | 163.48 Mn | 154.27 Mn | 11.62 Mn | - |
| 8 | Mediaco Holding | 68.20 Mn | 68.20 Mn | -3.44 Mn | - |
| 9 | Saga Communications | 55.58 Mn | 25.14 Mn | 17.72 Mn | - |
| 10 | Beasley Broadcast | 37.03 Mn | 30.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | -14,000.00 |
| Sep 30, 2021 | 14,000.00 |
| Mar 31, 2021 | 2.50 Mn |
| Dec 31, 2020 | -3,000.00 |
| Jun 30, 2020 | -1,000.00 |
| Mar 31, 2020 | 362.80 Mn |
| Dec 31, 2019 | -1.35 Bn |
| Dec 31, 2017 | 2,000.00 |
| Mar 31, 2017 | 481.94 Mn |
| Dec 31, 2015 | 200,000.00 |
| Mar 31, 2015 | 26.81 Mn |
| Dec 31, 2014 | 43.30 Mn |