undamentalytics Newsletter

Nexstar Media Group, Inc. cash flow statement

In fiscal 2025, Nexstar Media Group, Inc.'s operations generated $891m of cash; it spent $148m on capital projects, leaving free cash flow of $743m. It returned $226m in dividends and $125m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Nexstar Media Group, Inc.: cash flow statement, annual
Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations594080271672052841097374171,2541,2151,4039991,250891894
Depreciation and amortisation21222434354751101110324565589662488484471348
Stock-based pay31128111124313948476260787899
Capital spending1413171920293272106198217151157149145148151
Free cash flow4527638146176252376312201,0371,0641,2468501,105743743
Free cash flow after stock pay4326616139165241135991819891,0171,1847901,027665644
Dividends paid—0014182429566983101118142191219226226
Share buybacks—008—49—995145282537881605601125—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: NXST vs SIRIIHRT vs NXSTNXST vs SBGI

More: Broadcasting stocks compared, Communication Services sector, rankings of US companies

Figures from Nexstar Media Group, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Nexstar Media Group, Inc.