Nexstar Media Group Quarterly Balance Sheet
NASDAQ: NXSTIndustrialsBroadcastingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nexstar Media Group financial position
As of Jun 30, 2026, Nexstar Media Group reported total assets of $17.71 billion, up 56.4% from a year earlier against total liabilities of $15.45 billion. Shareholders' equity stood at $2.27 billion, or 12.8% of assets. The company held $218.0 million in cash and equivalents against $11.74 billion of debt, a net debt position of $11.53 billion.
The current ratio (current assets divided by current liabilities) was 1.56, meaning short-term assets cover obligations due within a year. Debt-to-equity was 5.18.
Summary generated from market data by MetaCap's automated system. Methodology
Nexstar Media Group balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 218.00M | 379.00M | 280.00M | 236.00M | 234.00M | 253.00M | 144.00M | 181.00M | 146.00M | 237.00M | 135.00M | 150.00M |
| Receivables | 1.58B | 1.66B | 1.07B | 1.01B | 1.02B | 1.03B | 1.03B | 1.02B | 1.05B | 1.05B | 1.09B | 891.00M |
| Total Current Assets | 2.00B | 2.28B | 1.47B | 1.39B | 1.39B | 1.40B | 1.30B | 1.42B | 1.47B | 1.49B | 1.47B | 1.34B |
| Property, Plant & Equipment | 1.85B | 1.85B | 1.16B | 1.16B | 1.18B | 1.20B | 1.21B | 1.23B | 1.25B | 1.26B | 1.27B | 1.28B |
| Goodwill | 5.03B | 5.05B | 2.91B | 2.92B | 2.92B | 2.92B | 2.92B | 2.95B | 2.95B | 2.95B | 2.95B | 2.96B |
| Intangible Assets | 2.89B | 2.98B | 1.59B | 1.66B | 1.73B | 1.78B | 1.85B | 1.91B | 1.98B | 2.05B | 2.12B | 2.21B |
| Long-Term Investments | 387.00M | 367.00M | 396.00M | 774.00M | 776.00M | 775.00M | 877.00M | 869.00M | 856.00M | 859.00M | 958.00M | 946.00M |
| Total Assets | 17.71B | 18.10B | 10.85B | 11.25B | 11.33B | 11.41B | 11.47B | 11.69B | 11.82B | 11.95B | 12.08B | 12.05B |
| Accounts Payable | 162.00M | 200.00M | 133.00M | 100.00M | 190.00M | 113.00M | 133.00M | 132.00M | 133.00M | 115.00M | 235.00M | 142.00M |
| Short-Term Debt | 331.00M | 274.00M | 111.00M | 111.00M | 108.00M | 124.00M | 124.00M | 124.00M | 124.00M | 124.00M | 124.00M | 124.00M |
| Total Current Liabilities | 1.28B | 1.30B | 711.00M | 745.00M | 823.00M | 805.00M | 783.00M | 846.00M | 828.00M | 831.00M | 961.00M | 852.00M |
| Long-Term Debt | 11.41B | 11.88B | 6.22B | 6.25B | 6.28B | 6.37B | 6.40B | 6.58B | 6.66B | 6.69B | 6.71B | 6.74B |
| Total Liabilities | 15.45B | 15.94B | 8.78B | 8.96B | 9.07B | 9.16B | 9.20B | 9.45B | 9.54B | 9.60B | 9.77B | 9.70B |
| Shareholders' Equity | 2.27B | 2.17B | 2.06B | 2.29B | 2.26B | 2.25B | 2.26B | 2.22B | 2.27B | 2.32B | 2.30B | 2.33B |
| Retained Earnings | 3.69B | 3.64B | 3.54B | 3.77B | 3.75B | 3.72B | 3.67B | 3.48B | 3.37B | 3.31B | 3.19B | 3.12B |
| Total Debt | 11.74B | 12.15B | 6.33B | 6.36B | 6.38B | 6.50B | 6.52B | 6.70B | 6.78B | 6.81B | 6.84B | 6.87B |
| Net Cash (Debt) | -11.53B | -11.77B | -6.05B | -6.12B | -6.15B | -6.24B | -6.38B | -6.52B | -6.63B | -6.57B | -6.70B | -6.72B |
| Shares Outstanding | 30.81M | 30.54M | 30.33M | — | — | — | 30.62M | — | — | — | — | — |
This table shows 12 quarterly periods of Nexstar Media Group's balance sheet, from Q2 2026 back to Q3 2023, 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?