Nexstar Media (NXST) Dividend Coverage Ratio (2013 - 2026)
Nexstar Media's Dividend Coverage Ratio came in at 2.11 for Q2 2026, up 21.5% from 1.73 a year earlier but down 28.1% from the prior quarter.
Nexstar Media (NXST) Dividend Coverage Ratio (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nexstar Media reported Dividend Coverage Ratio of 0.83, down 71.1% year-over-year; for FY2025, it was 0.41, down 87.3% from FY2024.
- Going back by year, Dividend Coverage Ratio was 3.21 in FY2024 (+76.9%), 1.81 in FY2023 (-73.5%), 6.84 in FY2022 (-3.3%) and 7.07 in FY2021 (-12.0%).
- The five-year range for quarterly Dividend Coverage Ratio is -2.91 (Q4 2025) to 9.24 (Q4 2021).
- Year-over-year, Dividend Coverage Ratio increased in four of the last seven quarters, with growth averaging 83.2%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q3 2024 (growth of 539.2%), and the weakest in Q3 2023 (a decline of 93.6%).
- Business Quant data shows NXST's Dividend Coverage Ratio at 2.93 (Q1 2026), -2.91 (Q4 2025) and 1.25 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | - |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - | - |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn | 2.54 |
| 4 | News | 15.94 Bn | 8.14 Bn | - | - |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 2.51 |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn | 2.63 |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - | - |
| 10 | Nexstar Media | 4.98 Bn | 3.78 Bn | 1.06 Bn | 2.11 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.11 |
| Mar 31, 2026 | 2.93 |
| Dec 31, 2025 | -2.91 |
| Sep 30, 2025 | 1.25 |
| Jun 30, 2025 | 1.73 |
| Mar 31, 2025 | 1.89 |
| Dec 31, 2024 | 4.65 |
| Sep 30, 2024 | 3.40 |
| Jun 30, 2024 | 2.15 |
| Mar 31, 2024 | 3.07 |
| Dec 31, 2023 | 2.48 |
| Sep 30, 2023 | 0.53 |
| Jun 30, 2023 | 2.00 |
| Mar 31, 2023 | 2.22 |
| Dec 31, 2022 | 5.97 |
| Sep 30, 2022 | 8.28 |
| Jun 30, 2022 | 6.25 |
| Mar 31, 2022 | 6.81 |
| Dec 31, 2021 | 9.24 |
| Sep 30, 2021 | 5.79 |
Nexstar Media Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NXST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NXST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();