Nexstar Media (NXST) EV to EBITDA (2011 - 2026)
Nexstar Media's (NXST) quarterly EV to EBITDA came in at 14.53 in Q2 2026, down 38.44% on a YoY basis from 23.6 in Q2 2025, and down 23.97% quarter-over-quarter from 19.11 in Q1 2026.
Analysis
Nexstar Media (NXST) EV to EBITDA (2011 - 2026) Analysis & Trends
Nexstar Media (NXST) has reported EV to EBITDA for 16 consecutive years, with 14.53 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 38.44% year-over-year to 14.53; the trailing twelve-month figure through Jun 2026 stood at 5.04 (up 18.76% YoY), and the FY2025 full-year result was 5.76, up 77.32% from the prior year.
- EV to EBITDA eased to 14.53 in Q2 2026 per NXST's latest filing, from 19.11 in the prior quarter.
- Across five years, EV to EBITDA topped out at 50.71 in Q3 2023 and bottomed at 11.32 in Q4 2024.
- Historically, EV to EBITDA has averaged 22.72 across 5 years, with a median of 20.92 in 2024.
- The sharpest annual moves came in 2023 and 2024: EV to EBITDA soared 231.39% in 2023, then tumbled 70.51% in 2024.
- Over 5 years, EV to EBITDA stood at 18.68 in 2022, then climbed by 19.22% to 22.28 in 2023, then slumped by 49.2% to 11.32 in 2024, then surged by 113.86% to 24.2 in 2025, then slumped by 39.97% to 14.53 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 14.53, 19.11, and 24.2 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.53 |
| Mar 31, 2026 | 19.11 |
| Dec 31, 2025 | 24.20 |
| Sep 30, 2025 | 32.81 |
| Jun 30, 2025 | 23.60 |
| Mar 31, 2025 | 23.67 |
| Dec 31, 2024 | 11.32 |
| Sep 30, 2024 | 14.95 |
| Jun 30, 2024 | 21.92 |
| Mar 31, 2024 | 19.93 |
| Dec 31, 2023 | 22.28 |
| Sep 30, 2023 | 50.71 |
| Jun 30, 2023 | 31.10 |
| Mar 31, 2023 | 28.57 |
| Dec 31, 2022 | 18.68 |
| Sep 30, 2022 | 15.30 |
| Jun 30, 2022 | 16.46 |
| Mar 31, 2022 | 19.82 |
| Dec 31, 2021 | 16.10 |
| Sep 30, 2021 | 18.94 |