Nexstar Media (NXST) EV to EBITDA (2011 - 2026)
Nexstar Media's EV to EBITDA was 3.78 in Q2 2026, up 14.0% from 3.31 a year earlier but down 11.0% from the prior quarter.
Nexstar Media (NXST) EV to EBITDA (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nexstar Media's EV to EBITDA was 3.09 through Jun 30, 2026, up 5.6% year-over-year; for FY2025, it came in at 4.44, up 64.7% from FY2024.
- In earlier years, EV to EBITDA was 2.69 in FY2024 (-37.4%), 4.30 in FY2023 (+35.5%), 3.17 in FY2022 (+9.8%) and 2.89 in FY2021 (+39.4%).
- Quarterly EV to EBITDA has moved between 2.60 (Q3 2022) and 5.08 (Q4 2025) over five years.
- Compared with a year earlier, EV to EBITDA has increased for four straight quarters, with growth averaging 11.7% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2025 (growth of 88.3%); the worst was Q4 2024 (a decline of 37.4%).
- Per Business Quant data, NXST's EV to EBITDA in the three quarters before Q2 2026 was 4.25 (Q1 2026), 5.08 (Q4 2025) and 4.27 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - |
| 10 | Nexstar Media | 4.98 Bn | 3.78 Bn | 1.06 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.78 |
| Mar 31, 2026 | 4.25 |
| Dec 31, 2025 | 5.08 |
| Sep 30, 2025 | 4.27 |
| Jun 30, 2025 | 3.31 |
| Mar 31, 2025 | 3.21 |
| Dec 31, 2024 | 2.70 |
| Sep 30, 2024 | 3.51 |
| Jun 30, 2024 | 4.33 |
| Mar 31, 2024 | 4.54 |
| Dec 31, 2023 | 4.30 |
| Sep 30, 2023 | 2.75 |
| Jun 30, 2023 | 2.79 |
| Mar 31, 2023 | 2.76 |
| Dec 31, 2022 | 2.84 |
| Sep 30, 2022 | 2.60 |
| Jun 30, 2022 | 2.76 |
| Mar 31, 2022 | 3.40 |
| Dec 31, 2021 | 2.89 |
| Sep 30, 2021 | 2.93 |
Nexstar Media EV to EBITDA 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=ev-to-ebitda&ticker=NXST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();