Nexstar Media Group Inc (STU:NXZ)
€ 159.05 +1.1 (+0.7%) Market Cap: 4.86 Bil Enterprise Value: 15.24 Bil PE Ratio: 38.86 PB Ratio: 2.55 GF Score: 84/100

Nexstar Media Group Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript

Mar 04, 2026 / 03:45PM GMT
Release Date Price: €209.7 (+0.62%)
Sean Diffley
Morgan Stanley - Analyst

All right. We're going to get started here. Thanks for joining us on day three of the Morgan Stanley TMT Conference. My name is Sean Diffley, from Morgan Stanley Equity Research. For important disclosures, please see the Morgan Stanley Research Disclosure website, and if you have any questions, please reach out to your Morgan Stanley sales rep.

Perry, Lee Ann, good morning. Thanks so much for joining us again this year.

Perry Sook
Nexstar Media Group Inc - Chairman of the Board, Chief Executive Officer

Thanks for having us.

Questions & Answers

Sean Diffley
Morgan Stanley - Analyst

So we want to get right into it. I think first question I wanted to turn over to Lee Ann, you guys just reported your full year 2025, you had nearly $5 billion of revenue, over $1.5 billion of EBITDA, almost $1 billion of free cash flow. This represents record top line performance compared to prior odd years and continues to highlight the strength of the broadcast medium. Maybe

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