NXST (Nexstar Media Group) EBIT: $567 Mil (TTM As of Mar. 2026)


NXST Nexstar Media Group Inc NXST
85 GF Score
Price $165.43
GF Value $219.75
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Nexstar Media Group EBIT?

Nexstar Media Group NXST -1.51% 85 EBIT is $567 Mil as of Mar. 2026. GuruFocus rates NXST with a GF Score™ of 85/100 and a GF Value™ of $219.75 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Nexstar Media Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $273 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $567 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nexstar Media Group's annualized ROC % for the quarter that ended in Mar. 2026 was 7.81%. Nexstar Media Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nexstar Media Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.36%.


Nexstar Media Group  (NAS:NXST) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nexstar Media Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1060 * ( 1 - 0% )/( (10170 + 16988)/ 2 )
=1060/13579
=7.81 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Nexstar Media Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1092/( ( (1158 + max(634, 0)) + (1855 + max(930, 0)) )/ 2 )
=1092/( ( 1792 + 2785 )/ 2 )
=1092/2288.5
=47.72 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1075 + 0 + 118) - (396 + 0 + 163)
=634

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1657 + 0 + 246) - (736 + 0 + 237)
=930

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Nexstar Media Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=567/16877.060
=3.36 %

* 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 EBIT Related Terms


Nexstar Media Group EBIT Historical Data

* Premium members only.

The historical data trend for Nexstar Media Group's EBIT 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.

Nexstar Media Group EBIT Chart

Nexstar Media Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,376.00 1,554.00 848.00 1,403.00 529.00

Nexstar Media Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 235.00 227.00 190.00 -123.00 273.00

NXST vs NMAX, SBGI, IHRT: EBIT Comparison

For the Broadcasting subindustry, Nexstar Media Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's EV-to-EBIT falls into.


NXST
85GF Score
Nexstar Media Group Inc NXST
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nexstar Media Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $567 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $567 Mil mean?
Nexstar Media Group (NXST) has a EBIT of $567 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nexstar Media Group.
Is Nexstar Media Group's EBIT too high?
Nexstar Media Group's current EBIT is $567 Mil. 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 EBIT compare to NMAX and SBGI?
Nexstar Media Group's EBIT of $567 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Media - Diversified company?
A good EBIT depends on the Media - Diversified industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nexstar Media Group. Nexstar Media Group's current EBIT is $567 Mil. 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 $219.75, compared to a current price of $165.43 — trading 24.7% below its estimated fair value. The current EBIT is $567 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current EBIT is $567 Mil 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 $165.43 is trading 24.7% below its estimated GF Value™ of $219.75. GuruFocus considers Nexstar Media Group to be Modestly Undervalued.

Key valuation signals for NXST:

  • EBIT: $567 Mil
  • GF Value™: $219.75 vs. price of $165.43 (24.7% below fair value)
  • GF Score™: 85/100 with 8 warning signs

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 Media Group Business Description

Other Exchanges 1NXST:ItalyNXZ:Germany
Address 545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
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

Get the complete analysis for NXST

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$165.43
Price
$219.75
GF Value