Nexstar Media GroupNXST -1.51%85 ROE % is 31.00% as of Mar. 2026, which is 1% below its 10-year median of 31.38. 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 958 Media - Diversified companies, Nexstar Media Group ranks better than 67.64% on this metric.
The historical rank and industry rank for Nexstar Media Group's ROE % or its related term are showing as below:
NXST'
s ROE % Range Over the Past 10 Years
Min: 5.05 Med: 31.38 Max: 73.28
Current: 7.49
During the past 13 years, Nexstar Media Group's highest ROE % was 73.28%. The lowest was 5.05%. And the median was 31.38%.
NXST's ROE % is ranked better than 67.64% of 958
companies
in the Media - Diversified industry
Industry Median: 2.47
vs NXST: 7.49
Nexstar Media Group (NAS:NXST) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Nexstar Media Group ROE % Related Terms
Nexstar Media Group ROE % Historical Data
* Premium members only.
The historical data trend for Nexstar Media Group's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's ROE % distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Nexstar Media Group (NXST) has a ROE % of 31.00% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nexstar Media Group and its competitors. This is near median its historical median of 31.38. Over the past decade, Nexstar Media Group's ROE % has ranged from 5.05 to 73.28. According to the industry distribution chart, Nexstar Media Group ranks #310 out of 958 companies in the Media - Diversified industry, placing it in the top 32.4%.
Is Nexstar Media Group's ROE % too high?
Nexstar Media Group's current ROE % of 31.00% is near median its 10-year median of 31.38. Over the past 10 years, this metric has ranged from a low of 5.05 to a high of 73.28. The Media - Diversified industry median ROE % is 2.47. Nexstar Media Group's value of 31.00% is 1155.1% above this industry median. Based on the distribution chart, Nexstar Media Group ranks #310 out of 958 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 ROE % compare to NMAX and SBGI?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #310 out of 958 companies for ROE %. This puts Nexstar Media Group in the upper half of its industry. The industry median ROE % is 2.47. Nexstar Media Group's value of 31.00% is 1155.1% above this benchmark. Historically, Nexstar Media Group's own ROE % has ranged from 5.05 to 73.28 over the past decade. While the company's 10-year median is 31.38 vs. the industry median of 2.47, 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 ROE % for a Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.47, based on 958 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexstar Media Group's current ROE % of 31.00% is 1155.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nexstar Media Group and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current ROE % is 31.00%, which is near median its own 10-year median of 31.38. 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 ROE % is 31.00%, which is near median its 10-year median of 31.38 and 1155.1% above the Media - Diversified industry median of 2.47. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current ROE % is 31.00% 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:
ROE %: 31.00% (near median its 10-year median of 31.38)
GF Value™: $219.75 vs. price of $165.43 (24.7% below fair value)
Industry Position: 1155.1% above the Media - Diversified median (#310 of 958)
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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