Nexstar Media Group Balance Sheet
NASDAQ: NXSTIndustrialsBroadcastingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nexstar Media Group financial position
At the end of fiscal 2025, Nexstar Media Group reported total assets of $10.85 billion, down 5.4% from a year earlier against total liabilities of $8.78 billion. Shareholders' equity stood at $2.06 billion, or 19.0% of assets. The company held $280.0 million in cash and equivalents against $6.33 billion of debt, a net debt position of $6.05 billion.
The current ratio (current assets divided by current liabilities) was 2.07, meaning short-term assets cover obligations due within a year. Debt-to-equity was 3.07.
Summary generated from market data by MetaCap's automated system. Methodology
Nexstar Media Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 280.00M | 144.00M | 135.00M | 204.00M | 190.90M | 152.70M | 232.07M | 145.12M | 115.65M | 1.02B |
| Receivables | 1.07B | 1.03B | 1.09B | 1.08B | 1.02B | 904.80M | 883.92M | 547.28M | 562.94M | 218.06M |
| Total Current Assets | 1.47B | 1.30B | 1.47B | 1.61B | 1.41B | 1.21B | 1.35B | 767.08M | 1.06B | 363.22M |
| Property, Plant & Equipment | 1.16B | 1.21B | 1.27B | 1.26B | 1.51B | 1.60B | 1.29B | 731.54M | 734.14M | 276.15M |
| Goodwill | 2.91B | 2.92B | 2.95B | 2.96B | 3.05B | 2.96B | 3.00B | 2.17B | 2.14B | 473.30M |
| Intangible Assets | 1.59B | 1.85B | 2.12B | 2.43B | 2.72B | 2.94B | 3.26B | 1.49B | 1.58B | 324.74M |
| Long-Term Investments | 396.00M | 877.00M | 958.00M | 1.12B | 1.22B | 1.33B | 1.48B | 13.97M | — | — |
| Total Assets | 10.85B | 11.47B | 12.08B | 12.68B | 13.26B | 13.40B | 13.99B | 7.06B | 7.48B | 2.97B |
| Accounts Payable | 133.00M | 133.00M | 235.00M | 198.00M | 248.20M | 218.42M | 157.37M | 67.83M | 31.14M | 19.75M |
| Short-Term Debt | 111.00M | 124.00M | 124.00M | 124.00M | 47.20M | 21.43M | 109.31M | 96.09M | 92.81M | 28.09M |
| Total Current Liabilities | 711.00M | 783.00M | 961.00M | 893.00M | 787.30M | 730.89M | 947.56M | 404.17M | 670.70M | 189.58M |
| Long-Term Debt | 6.22B | 6.40B | 6.71B | 6.83B | 7.37B | 7.65B | 8.38B | 3.88B | 4.27B | 2.31B |
| Total Liabilities | 8.78B | 9.20B | 9.77B | 9.91B | 10.41B | 10.87B | 11.94B | 5.19B | 5.90B | 2.68B |
| Shareholders' Equity | 2.06B | 2.26B | 2.30B | 2.74B | 2.85B | 2.52B | 2.03B | 1.85B | 1.57B | 169.14M |
| Retained Earnings | 3.54B | 3.67B | 3.19B | 3.03B | 2.20B | 1.49B | 778.83M | 620.37M | 299.52M | -176.58M |
| Total Debt | 6.33B | 6.52B | 6.84B | 6.95B | 7.42B | 7.67B | 8.49B | 3.98B | 4.36B | 2.34B |
| Net Cash (Debt) | -6.05B | -6.38B | -6.70B | -6.75B | -7.22B | -7.52B | -8.26B | -3.84B | -4.25B | -1.33B |
| Shares Outstanding | 30.33M | 30.62M | — | — | — | — | — | — | — | — |
This table shows 10 annual periods of Nexstar Media Group's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow NXST's reporting calendar. What is a balance sheet?