Nexstar Media (NXST) Free Cash Flow (2011 - 2026)
Nexstar Media's Free Cash Flow came in at $253 million for Q2 2026, up 16.1% from $218 million a year earlier but down 5.2% from the prior quarter.
Nexstar Media (NXST) Free Cash Flow (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nexstar Media reported Free Cash Flow of $743 million, down 40.7% year-over-year; for FY2025, it came in at $743 million, down 32.8% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of -6.5% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $1.11 billion in FY2024 (+30.0%), $850 million in FY2023 (-31.8%), $1.25 billion in FY2022 (+17.1%) and $1.06 billion in FY2021 (+2.6%).
- The five-year range for quarterly Free Cash Flow is $87 million (Q3 2025) to $490 million (Q1 2022).
- Year-over-year, Free Cash Flow increased in five of the last eight quarters, with growth averaging 45.1%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q3 2024 (growth of 251.0%), and the weakest in Q3 2025 (a decline of 75.7%).
- Business Quant data shows NXST's Free Cash Flow at $267 million (Q1 2026), $136 million (Q4 2025) and $87 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | 572.00 Mn |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - | 726.00 Mn |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn | -433.10 Mn |
| 4 | News | 15.94 Bn | 8.14 Bn | - | 276.00 Mn |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 184.15 Mn |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn | 592.00 Mn |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - | - |
| 10 | Nexstar Media | 4.98 Bn | 3.78 Bn | 1.06 Bn | 253.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 253.00 Mn |
| Mar 31, 2026 | 267.00 Mn |
| Dec 31, 2025 | 136.00 Mn |
| Sep 30, 2025 | 87.00 Mn |
| Jun 30, 2025 | 218.00 Mn |
| Mar 31, 2025 | 302.00 Mn |
| Dec 31, 2024 | 376.00 Mn |
| Sep 30, 2024 | 358.00 Mn |
| Jun 30, 2024 | 139.00 Mn |
| Mar 31, 2024 | 232.00 Mn |
| Dec 31, 2023 | 146.00 Mn |
| Sep 30, 2023 | 102.00 Mn |
| Jun 30, 2023 | 144.00 Mn |
| Mar 31, 2023 | 458.00 Mn |
| Dec 31, 2022 | 161.00 Mn |
| Sep 30, 2022 | 339.00 Mn |
| Jun 30, 2022 | 256.00 Mn |
| Mar 31, 2022 | 490.00 Mn |
| Dec 31, 2021 | 287.40 Mn |
| Sep 30, 2021 | 247.90 Mn |
Nexstar Media Free Cash Flow 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=free-cash-flow&ticker=NXST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();