Nexstar Media Group vs Sinclair
Nexstar Media Group is the larger business, with $4.95bn of revenue in fiscal 2025 against $3.17bn for Sinclair (1.6 times as much). Nexstar Media Group grew faster (-8.5% against -10.7%). Nexstar Media Group kept more of each dollar of sales as profit: a net margin of 2.2% against -3.5%.
| Latest fiscal year | Nexstar Media GroupNXST, 2025 | SinclairSBGI, 2025 |
|---|---|---|
| Revenue | $4.95bn | $3.17bn |
| Revenue growth | -8.5% | -10.7% |
| Net income | $109m | −$112m |
| Operating margin | — | 5.5% |
| Net margin | 2.2% | -3.5% |
| Return on equity | 5.0% | -21.8% |
| Free cash flow | $743m | $115m |
| Cash | $280m | $866m |
| Total debt | $6.36bn | $4.44bn |
| Debt to equity | — | 1001.8% |
| Dividend per share | $7.44 | — |
| Dividend yield | 4.1% | 7.6% |
| Share buybacks | $125m | $0 |
| Employees | 12,832 | 7,100 |
| Market value | $5.48bn | $965m |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 74 (Strong) | — |
| Insider trades, 12 months | 1 buys, 61 sales | 0 buys, 21 sales |