Nexstar Media GroupNXST +6.07%85 Current Ratio is 1.76 as of Mar. 2026, which is 2% below its 10-year median of 1.79. GuruFocus rates NXST with a GF Score™ of 85/100 and a GF Value™ of $220.11 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,039 Media - Diversified companies, Nexstar Media Group ranks better than 54.38% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Nexstar Media Group's current ratio for the quarter that ended in Mar. 2026 was 1.76.
Nexstar Media Group has a current ratio of 1.76. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nexstar Media Group's Current Ratio or its related term are showing as below:
NXST'
s Current Ratio Range Over the Past 10 Years
Min: 1.31 Med: 1.79 Max: 2.43
Current: 1.76
During the past 13 years, Nexstar Media Group's highest Current Ratio was 2.43. The lowest was 1.31. And the median was 1.79.
NXST's Current Ratio is ranked better than 54.38% of 1039
companies
in the Media - Diversified industry
Industry Median: 1.57
vs NXST: 1.76
Nexstar Media Group (NAS:NXST) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Nexstar Media Group Current Ratio Related Terms
Nexstar Media Group Current Ratio Historical Data
* Premium members only.
The historical data trend for Nexstar Media Group's Current Ratio 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.
NXST vs NMAX, SBGI, IHRT: Current Ratio Comparison
For the Broadcasting subindustry, Nexstar Media Group's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Current Ratio falls into.
* 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 (NXST) has a Current Ratio of 1.76 as of Mar. 2026. This is near median its historical median of 1.79. Over the past decade, Nexstar Media Group's Current Ratio has ranged from 1.31 to 2.43. According to the industry distribution chart, Nexstar Media Group ranks #474 out of 1039 companies in the Media - Diversified industry, placing it in the top 45.6%.
Is Nexstar Media Group's Current Ratio too high?
Nexstar Media Group's current Current Ratio of 1.76 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 2.43. The Media - Diversified industry median Current Ratio is 1.57. Nexstar Media Group's value of 1.76 is 12.1% above this industry median. Based on the distribution chart, Nexstar Media Group ranks #474 out of 1039 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nexstar Media Group has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's Current Ratio compare to NMAX and SBGI?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #474 out of 1039 companies for Current Ratio. This puts Nexstar Media Group in the upper half of its industry. The industry median Current Ratio is 1.57. Nexstar Media Group's value of 1.76 is 12.1% above this benchmark. Historically, Nexstar Media Group's own Current Ratio has ranged from 1.31 to 2.43 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.57, Nexstar Media Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Media - Diversified company?
The median Current Ratio among Media - Diversified companies is 1.57, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexstar Media Group's current Current Ratio of 1.76 is 12.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current Current Ratio is 1.76, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstar Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nexstar Media Group (NXST) is currently considered Modestly Undervalued. The stock's GF Value™ is $220.11, compared to a current price of $164.03 — trading 25.5% below its estimated fair value. The current Current Ratio is 1.76, which is near median its 10-year median of 1.79 and 12.1% above the Media - Diversified industry median of 1.57. Nexstar Media Group's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current Current Ratio is 1.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nexstar Media Group (NXST) Overvalued in 2026?
Based on GuruFocus' analysis, Nexstar Media Group stock appears to be undervalued.
The current stock price of $164.03 is trading 25.5% below its estimated GF Value™ of $220.11.
GuruFocus considers Nexstar Media Group to be Modestly Undervalued.
Key valuation signals for NXST:
Current Ratio: 1.76 (near median its 10-year median of 1.79)
GF Value™: $220.11 vs. price of $164.03 (25.5% below fair value)
Industry Position: 12.1% above the Media - Diversified median (#474 of 1039)
No single metric tells the full story. See the NXST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
85GF Score
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