Nexstar Media (NXST) Tax Rate (2011 - 2026)
Nexstar Media's (NXST) quarterly Tax Rate came in at 4.58% in Q1 2026, down 3429.0% YoY from 0.14% in Q1 2025, and down 112.39% on a QoQ basis from 36.92% in Q4 2025.
Nexstar Media (NXST) Tax Rate (2011 - 2026) Analysis & Trends
Nexstar Media (NXST) has 16 years of Tax Rate data on file, last reported at 4.58% in 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 eased to 4.58% in Q1 2026, from 36.92% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 69.39% in Q4 2022 to a low of 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 tumbled 11361 bps.
- Tracing NXST's Tax Rate over 5 years: stood at 69.39% in 2022, then tumbled by 164 bps to 44.22% in 2023, then soared by 172 bps to 31.75% in 2024, then grew by 16 bps to 36.92% in 2025, then slumped by 112 bps to 4.58% in 2026.
- The last three Tax Rate figures came in at 4.58% (Q1 2026), 36.92% (Q4 2025), and 32.29% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn | 36.16% |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | - |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn | 26.32% |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn | -31.94% |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn | 4.72% |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn | 0.66% |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn | 4.66% |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn | 1.79% |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn | 13.51% |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - | 7.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.16% |
| Jun 30, 2026 | 36.16% |
| Jun 30, 2026 | 36.16% |
| 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% |