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
DateValue
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%