Nexstar Media (NXST) Tax Rate (2011 - 2026)
Nexstar Media (NXST) posted Tax Rate of 4.58% for Q1 2026, down 112.39% on a QoQ basis from 36.92% in Q4 2025, and down 3429.0% year-over-year from 0.14% in Q1 2025.
Nexstar Media (NXST) Tax Rate (2011 - 2026) Analysis & Trends
Nexstar Media's Tax Rate history runs 16 years deep, the most recent figure standing at 4.58% for Q1 2026.
- Quarterly Tax Rate fell 3429.0% year-over-year to 4.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.7% (down 3907.0% YoY) and the FY2025 annual result came in at 21.33%, down 745.0% from the prior year.
- Tax Rate was 4.58% for Q1 2026 at Nexstar Media, down from 36.92% in the prior quarter.
- Across five years, Tax Rate topped out at 69.39% in Q4 2022 and bottomed at 44.22% in Q4 2023.
- A 5-year average of 25.5% and a median of 29.71% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 11604 bps — and 2023, when it slumped 11361 bps.
- Nexstar Media's Tax Rate stood at 69.39% in 2022, then sank by 164 bps to 44.22% in 2023, then surged by 172 bps to 31.75% in 2024, then rose by 16 bps to 36.92% in 2025, then plunged by 112 bps to 4.58% in 2026.
- Business Quant data shows NXST's Tax Rate at 4.58% in Q1 2026, 36.92% in Q4 2025, and 32.29% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.66 Bn | 5.23 Bn | 785.00 Mn | -4.58% |
| 2 | Newsmax | 840.22 Mn | 799.79 Mn | 21.36 Mn | 2.32% |
| 3 | iHeartMedia | 565.51 Mn | 430.46 Mn | 509.13 Mn | -0.30% |
| 4 | Gray Media | 389.45 Mn | 130.45 Mn | 213.00 Mn | 28.57% |
| 5 | E.W. Scripps | 268.40 Mn | 184.68 Mn | 206.07 Mn | 59.76% |
| 6 | FuboTV | 251.35 Mn | -201.06 Mn | 399.10 Mn | 0.66% |
| 7 | CuriosityStream | 140.99 Mn | 107.64 Mn | 11.62 Mn | - |
| 8 | Mediaco Holding | 83.31 Mn | 80.20 Mn | -3.44 Mn | -16.97% |
| 9 | Saga Communications | 51.99 Mn | 21.56 Mn | 17.72 Mn | 21.87% |
| 10 | Beasley Broadcast | 37.48 Mn | 31.05 Mn | - | 29.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.58% |
| Mar 31, 2026 | -4.58% |
| Mar 31, 2026 | -4.58% |
| Dec 31, 2025 | 36.92% |
| Dec 31, 2025 | 36.92% |
| Dec 31, 2025 | 36.92% |
| Sep 30, 2025 | 32.29% |
| Sep 30, 2025 | 32.29% |
| Sep 30, 2025 | 32.29% |
| Jun 30, 2025 | 30.00% |
| Jun 30, 2025 | 30.00% |
| Jun 30, 2025 | 30.00% |
| Mar 31, 2025 | 29.71% |
| Mar 31, 2025 | 29.71% |
| Mar 31, 2025 | 29.71% |
| Dec 31, 2024 | 31.75% |
| Dec 31, 2024 | 31.75% |
| Dec 31, 2024 | 31.75% |
| Sep 30, 2024 | 26.23% |
| Sep 30, 2024 | 26.23% |