Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nexstar Media Group's share price for the quarter that ended in Dec. 2023 was $156.75. Nexstar Media Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 34 Mil. Therefore, Nexstar Media Group's market cap for the quarter that ended in Dec. 2023 was $5,267 Mil.
Nexstar Media Group's quarterly market cap
declined
from Jun. 2023 ($5,893 Mil) to Sep. 2023 ($4,902 Mil) but then
increased
from Sep. 2023 ($4,902 Mil) to Dec. 2023 ($5,267 Mil).
Nexstar Media Group's annual market cap
increased
from Dec. 2021 ($6,154 Mil) to Dec. 2022 ($6,443 Mil) but then
declined
from Dec. 2022 ($6,443 Mil) to Dec. 2023 ($5,267 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nexstar Media Group's Enterprise Value for Today is $12,067 Mil.
Nexstar Media Group Market Cap Historical Data
The historical data trend for Nexstar Media Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Nexstar Media Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
5,364.16
4,723.21
6,153.55
6,442.89
5,266.94
Nexstar Media Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
6,442.89
6,212.93
5,892.77
4,902.44
5,266.94
Competitive Comparison
For the Entertainment subindustry, Nexstar Media Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nexstar Media Group Market Cap Distribution
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Market Cap falls into.
Nexstar Media Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Nexstar Media Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nexstar Media Group (NAS:NXST) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Nexstar Media Group Market Cap Related Terms
Thank you for viewing the detailed overview of Nexstar Media Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nexstar Media Group (Nexstar Media Group) Business Description
Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
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