Nexstar Media GroupNXST -3.72%85 Net Margin % is 11.75% as of Mar. 2026, which is 14% below its 10-year median of 13.72. 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. Among 1,024 Media - Diversified companies, Nexstar Media Group ranks better than 58.01% on this metric.
The historical rank and industry rank for Nexstar Media Group's Net Margin % or its related term are showing as below:
NXST'
s Net Margin % Range Over the Past 10 Years
Min: 2.2 Med: 13.72 Max: 19.53
Current: 3.23
NXST's Net Margin % is ranked better than 58.01% of 1024
companies
in the Media - Diversified industry
Industry Median: 1.225
vs NXST: 3.23
Nexstar Media Group (NAS:NXST) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Nexstar Media Group Net Margin % Related Terms
Nexstar Media Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Nexstar Media Group's Net Margin % 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.
For the Broadcasting subindustry, Nexstar Media Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Net Margin % 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 Net Margin % of 11.75% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nexstar Media Group and its competitors. This is 14% below median its historical median of 13.72. Over the past decade, Nexstar Media Group's Net Margin % has ranged from 2.20 to 19.53. According to the industry distribution chart, Nexstar Media Group ranks #430 out of 1024 companies in the Media - Diversified industry, placing it in the top 42%.
Is Nexstar Media Group's Net Margin % too high?
Nexstar Media Group's current Net Margin % of 11.75% is 14% below median its 10-year median of 13.72. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 19.53. The Media - Diversified industry median Net Margin % is 1.23. Nexstar Media Group's value of 11.75% is 859.2% above this industry median. Based on the distribution chart, Nexstar Media Group ranks #430 out of 1024 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 Net Margin % compare to NMAX and SBGI?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #430 out of 1024 companies for Net Margin %. This puts Nexstar Media Group in the upper half of its industry. The industry median Net Margin % is 1.23. Nexstar Media Group's value of 11.75% is 859.2% above this benchmark. Historically, Nexstar Media Group's own Net Margin % has ranged from 2.20 to 19.53 over the past decade. While the company's 10-year median is 13.72 vs. the industry median of 1.23, 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 Net Margin % for a Media - Diversified company?
The median Net Margin % among Media - Diversified companies is 1.23, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexstar Media Group's current Net Margin % of 11.75% is 859.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Nexstar Media Group and its competitors. For the Media - Diversified industry, the median Net Margin % is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current Net Margin % is 11.75%, which is 14% below median its own 10-year median of 13.72. 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 $161.73 — trading 26.4% below its estimated fair value. The current Net Margin % is 11.75%, which is 14% below median its 10-year median of 13.72 and 859.2% above the Media - Diversified industry median of 1.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current Net Margin % is 11.75% 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 $161.73 is trading 26.4% below its estimated GF Value™ of $219.75.
GuruFocus considers Nexstar Media Group to be Modestly Undervalued.
Key valuation signals for NXST:
Net Margin %: 11.75% (14% below median its 10-year median of 13.72)
GF Value™: $219.75 vs. price of $161.73 (26.4% below fair value)
Industry Position: 859.2% above the Media - Diversified median (#430 of 1024)
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
Get the complete analysis for NXST
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NXST has been successfully added to your 
