Nexstar Media (NXST) Tax Rate (2011 - 2026)

Nexstar Media (NXST) reported Tax Rate of 4.58% for Q1 2026, down 3429.0% on a YoY basis from 0.14% in Q1 2025, and down 122.25% quarter-over-quarter from 20.56% in Q4 2025.

Nexstar Media (NXST) Tax Rate (2011 - 2026) Analysis & Trends

Nexstar Media has reported Tax Rate for 16 years, with the latest figure at 4.58% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 3429.0% year-over-year to 4.58%; the trailing twelve-month figure through Mar 2026 stood at 11.52% (down 1786.0% YoY), and the FY2025 full-year result was 44.67%, up 1589.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 4.58%, down from 20.56% in the prior quarter.
  • The five-year high for Tax Rate was 69.39% in Q4 2022, with the low at 4.58% in Q1 2026.
  • Historically, Tax Rate has averaged 29.06% across 5 years, with a median of 29.71% in 2025.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 4909 bps — and 2023, when it tumbled 3673 bps.
  • Nexstar Media's Tax Rate stood at 69.39% in 2022, then tumbled by 53 bps to 32.65% in 2023, then decreased by 3 bps to 31.75% in 2024, then slumped by 35 bps to 20.56% in 2025, then plunged by 122 bps to 4.58% in 2026.
  • The last three Tax Rate figures came in at 4.58% (Q1 2026), 20.56% (Q4 2025), and 32.29% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Nexstar Media 5.40 Bn 5.00 Bn -505.00 Mn -4.58%
2 FuboTV 3.40 Bn 5.32 Bn 348.72 Mn 0.68%
3 Newsmax 970.61 Mn 930.17 Mn 21.36 Mn 2.32%
4 iHeartMedia 620.04 Mn 488.35 Mn 509.13 Mn -0.30%
5 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn 28.57%
6 E.W. Scripps 307.00 Mn 223.28 Mn 206.07 Mn 59.76%
7 CuriosityStream 163.48 Mn 154.27 Mn 11.62 Mn -
8 Mediaco Holding 68.20 Mn 68.20 Mn -3.44 Mn -16.97%
9 Saga Communications 55.58 Mn 25.14 Mn 17.72 Mn -2.45%
10 Beasley Broadcast 37.03 Mn 30.60 Mn - 29.43%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.58%
Mar 31, 2026 -4.58%
Dec 31, 2025 20.56%
Dec 31, 2025 20.56%
Sep 30, 2025 32.29%
Sep 30, 2025 32.29%
Jun 30, 2025 30.00%
Jun 30, 2025 30.00%
Mar 31, 2025 29.71%
Mar 31, 2025 29.71%
Dec 31, 2024 31.75%
Dec 31, 2024 31.75%
Sep 30, 2024 26.23%
Sep 30, 2024 26.23%
Jun 30, 2024 28.86%
Jun 30, 2024 28.86%
Mar 31, 2024 26.75%
Mar 31, 2024 26.75%
Dec 31, 2023 32.65%
Dec 31, 2023 32.65%