Nexstar Media (NXST) Return on Invested Capital [ROIC] (2011 - 2026)
Nexstar Media (NXST) posted Return on Invested Capital [ROIC] of 5.85% for Q2 2026, down 3.78 percentage points from 9.62% a year earlier and down 1.13 percentage points from the prior quarter.
Nexstar Media (NXST) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Nexstar Media's Return on Invested Capital [ROIC] came in at 5.47%, down 4.61 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -4.22 percentage points (FY2020 to FY2025).
- In prior years, Nexstar Media's Return on Invested Capital [ROIC] was 10.08% in FY2024 (+5.03 pp), 5.05% in FY2023 (-5.12 pp), 10.17% in FY2022 (+1.46 pp) and 8.71% in FY2021 (-0.98 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 5.19% in Q4 2023 to a high of 10.50% in Q3 2022 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last four quarters, with an average year-over-year change of +0.39 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2024, with a gain of 5.03 percentage points; the weakest was Q4 2023, with a drop of 5.06 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 6.98% (Q1 2026), 5.52% (Q4 2025) and 8.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.60 Bn | 63.26 Bn | 4.10 Bn | -1.60% |
| 2 | Fox | 26.84 Bn | 12.75 Bn | - | 9.59% |
| 3 | Omnicom | 20.35 Bn | 3.05 Bn | 1.30 Bn | 3.10% |
| 4 | News | 15.97 Bn | 8.16 Bn | - | 6.61% |
| 5 | Paramount Skydance | 10.53 Bn | 8.45 Bn | - | - |
| 6 | Pearson | 10.25 Bn | 7.39 Bn | - | - |
| 7 | New York Times | 10.06 Bn | 7.55 Bn | 394.61 Mn | - |
| 8 | Sirius Xm Holdings | 8.67 Bn | 8.25 Bn | 1.44 Bn | 5.82% |
| 9 | 36Kr Holdings | 5.97 Bn | 5.91 Bn | - | - |
| 10 | Nexstar Media | 4.79 Bn | 3.59 Bn | 1.06 Bn | 5.85% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.85% |
| Mar 31, 2026 | 6.98% |
| Dec 31, 2025 | 5.52% |
| Sep 30, 2025 | 8.18% |
| Jun 30, 2025 | 9.62% |
| Mar 31, 2025 | 9.79% |
| Dec 31, 2024 | 10.22% |
| Sep 30, 2024 | 8.65% |
| Jun 30, 2024 | 6.51% |
| Mar 31, 2024 | 5.95% |
| Dec 31, 2023 | 5.19% |
| Sep 30, 2023 | 5.76% |
| Jun 30, 2023 | 7.97% |
| Mar 31, 2023 | 9.20% |
| Dec 31, 2022 | 10.25% |
| Sep 30, 2022 | 10.50% |
| Jun 30, 2022 | 9.73% |
| Mar 31, 2022 | 9.25% |
| Dec 31, 2021 | 8.73% |
| Sep 30, 2021 | 10.02% |
Nexstar Media Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=NXST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();