Nexstar Media (NXST) FCF Margin (2011 - 2026)
Nexstar Media's FCF Margin was 12.69% in Q2 2026, down 5.04 percentage points from 17.74% a year earlier and down 6.43 percentage points from the prior quarter.
Nexstar Media (NXST) FCF Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nexstar Media's FCF Margin was 12.64% through Jun 30, 2026, down 10.94 percentage points year-over-year; for FY2025, it came in at 15.01%, down 5.42 percentage points from FY2024.
- FCF Margin shows a five-year change of -8.03 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 20.44% in FY2024 (+3.21 pp), 17.23% in FY2023 (-6.68 pp), 23.91% in FY2022 (+1.02 pp) and 22.89% in FY2021 (-0.15 pp).
- Quarterly FCF Margin has moved between 7.26% (Q3 2025) and 40.50% (Q1 2022) over five years.
- Compared with a year earlier, FCF Margin has declined for four straight quarters, with an average year-over-year change of +0.05 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q3 2024 (a gain of 17.20 percentage points); the worst was Q3 2025 (a drop of 18.95 percentage points).
- Per Business Quant data, NXST's FCF Margin in the three quarters before Q2 2026 was 19.13% (Q1 2026), 10.55% (Q4 2025) and 7.26% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.37 Bn | 63.04 Bn | 4.10 Bn | 6.56% |
| 2 | Fox | 26.93 Bn | 12.84 Bn | - | 17.24% |
| 3 | Omnicom | 20.34 Bn | 3.04 Bn | 1.30 Bn | -6.60% |
| 4 | News | 15.87 Bn | 8.07 Bn | - | 11.81% |
| 5 | Paramount Skydance | 11.07 Bn | 8.99 Bn | - | - |
| 6 | Pearson | 10.15 Bn | 7.29 Bn | - | - |
| 7 | New York Times | 10.00 Bn | 7.49 Bn | 394.61 Mn | 24.15% |
| 8 | Sirius Xm Holdings | 8.68 Bn | 8.26 Bn | 1.44 Bn | 27.41% |
| 9 | 36Kr Holdings | 5.97 Bn | 5.91 Bn | - | - |
| 10 | Nexstar Media | 4.97 Bn | 3.78 Bn | 1.06 Bn | 12.69% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.69% |
| Mar 31, 2026 | 19.13% |
| Dec 31, 2025 | 10.55% |
| Sep 30, 2025 | 7.26% |
| Jun 30, 2025 | 17.74% |
| Mar 31, 2025 | 24.47% |
| Dec 31, 2024 | 25.29% |
| Sep 30, 2024 | 26.21% |
| Jun 30, 2024 | 10.95% |
| Mar 31, 2024 | 18.07% |
| Dec 31, 2023 | 11.20% |
| Sep 30, 2023 | 9.01% |
| Jun 30, 2023 | 11.61% |
| Mar 31, 2023 | 36.44% |
| Dec 31, 2022 | 10.83% |
| Sep 30, 2022 | 26.71% |
| Jun 30, 2022 | 20.56% |
| Mar 31, 2022 | 40.50% |
| Dec 31, 2021 | 23.08% |
| Sep 30, 2021 | 21.43% |
Nexstar Media FCF Margin 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=fcf-margin&ticker=NXST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();