Nexstar Media GroupNXST +6.07%86 Quick 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 86/100 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 59.1% on this metric.
Nexstar Media Group has a quick ratio of 1.76. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nexstar Media Group's Quick Ratio or its related term are showing as below:
NXST'
s Quick 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 Quick Ratio was 2.43. The lowest was 1.31. And the median was 1.79.
NXST's Quick Ratio is ranked better than 59.1% of 1039
companies
in the Media - Diversified industry
Industry Median: 1.46
vs NXST: 1.76
Nexstar Media Group (NAS:NXST) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Nexstar Media Group Quick Ratio Related Terms
Nexstar Media Group Quick Ratio Historical Data
* Premium members only.
The historical data trend for Nexstar Media Group's Quick 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.
For the Broadcasting subindustry, Nexstar Media Group's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Nexstar Media Group's Quick Ratio for the fiscal year that ended in Dec. 2025 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 (NXST) has a Quick Ratio of 1.76 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nexstar Media Group and its competitors. This is near median its historical median of 1.79. Over the past decade, Nexstar Media Group's Quick Ratio has ranged from 1.31 to 2.43. According to the industry distribution chart, Nexstar Media Group ranks #425 out of 1039 companies in the Media - Diversified industry, placing it in the top 40.9%.
Is Nexstar Media Group's Quick Ratio too high?
Nexstar Media Group's current Quick 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 Quick Ratio is 1.46. Nexstar Media Group's value of 1.76 is 20.5% above this industry median. Based on the distribution chart, Nexstar Media Group ranks #425 out of 1039 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nexstar Media Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's Quick Ratio compare to NMAX and SBGI?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #425 out of 1039 companies for Quick Ratio. This puts Nexstar Media Group in the upper half of its industry. The industry median Quick Ratio is 1.46. Nexstar Media Group's value of 1.76 is 20.5% above this benchmark. Historically, Nexstar Media Group's own Quick 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 1.46, 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 Quick Ratio for a Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexstar Media Group's current Quick Ratio of 1.76 is 20.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nexstar Media Group and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current Quick 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 Quick Ratio is 1.76, which is near median its 10-year median of 1.79 and 20.5% above the Media - Diversified industry median of 1.46. Nexstar Media Group's overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current Quick 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:
Quick 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: 20.5% above the Media - Diversified median (#425 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.
86GF Score
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