NEXSTAR MEDIA GROUP, INC.
Close on Oct 19, 2026
- Market cap
- $5.12B
- P/E (TTM)
- 31.4
- Dividend yield
- 4.49%
About Nexstar Media
Television Broadcasting Stations, SIC 4833
Nexstar Media Group operates as a television broadcasting and media enterprise. The organization primarily conducts operations through its reportable broadcast segment along with additional digital and corporate units. Through these operations, the enterprise delivers broadcast television programming, digital media services, and content syndication. Primary commercial activities encompass the sale of television advertising and distribution services across its network channels. Key properties and assets referenced in its operational portfolio include television stations, The CW network, digital business units, and an interest in the Television Food Network. The business serves commercial advertisers seeking promotional broadcast reach and media distribution partners requiring televised and digital programming content.
The entity maintains operations within the domestic United States market. Physical infrastructure and capital resources supporting these media activities include television studios, broadcasting transmission equipment, corporate facilities, and computer networking installations. The text does not state the location of the corporate headquarters or a total count of operational stations.
Summary of the business section of Nexstar Media's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NEXSTAR MEDIA GROUP, INC.
- Founded
- 1996
- Headquarters
- Irving, TX
- Address
- 545 East John Carpenter Freeway, Suite 700 75062
- Phone
- (972) 373-8800
- Website
- www.nexstar.tv
- Employees
- 12,832, Dec 31, 2025
- Industry
- Television Broadcasting Stations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Dallas, Texas
Stock & identifiers
- Ticker
- NXST
- Exchange
- Nasdaq
- IPO date
- Nov 25, 2003
- Shares outstanding
- 31M, Aug 7, 2026
- Public float
- $4.90B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1142417
- CUSIP
- 65336K103
- ISIN
- US65336K1034
- LEI
- 52990083ZRR5UT591988
- EIN
- 23-3083125
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Perry A. Sook | Chief Executive Officer, Director | 3,270,738 |
| Andrew Alford | President, Broadcasting | 20,245 |
| Michael Biard | President & COO | 20,890 |
| Dana Zimmer | See Remarks | 3,584 |
| Brett Jenkins | See Remarks | 52,447 |
| Lindsey Knapp | EVP, Human Resources | 1,152 |
| Lee Ann Gliha | EVP, Chief Financial Officer | 20,075 |
| Gary Weitman | See Remarks | 9,746 |
| Blake Russell | EVP, Operations | 57,853 |
| Sean Compton | President, Networks | 22,474 |
| Patrick Paolini | CEO, TEGNA Inc. | – |
| Rachel Morgan | EVP General Counsel | 565 |
| Dan Lanzano | See Remarks | 431 |
| Elizabeth Ryder | EVP, General Counsel | 19,985 |
| Robert S. Weaver | EVP, Government Relations | 0 |
| Bernadette S. Aulestia | Director | 5,383 |
| Charles Thomas McMillen | Director | 11,658 |
| Royce A. Wells | Director | 2,568 |
| John R. Muse | Director | 52,764 |
| Lisbeth McNabb | Director | 12,110 |
| Ellen Tobi Johnson | Director | 1,694 |
| Jay M. Grossman | Director | 98,808 |
| D. Geoffrey Armstrong | Director | 23,308 |
| Dennis J. Fitzsimons | Director | 30,239 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Perry A. Sook | $39.51M | $46.54M | $4.57M | $217 | $113 |
| FY2024 Perry A. Sook | $35.87M | $44.26M | $4.41M | $162 | $83 |
| FY2023 Perry A. Sook | $29.11M | $27.39M | $3.74M | $154 | $68 |
| FY2022 Perry A. Sook | $39.32M | $44.59M | $2.41M | $167 | $75 |
| FY2021 Perry A. Sook | $21.15M | $36.96M | $2.40M | $141 | $102 |
| FY2020 Perry A. Sook | $23.56M | $17.37M | $3.93M | $95 | $88 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total of 12,832 employees, comprised of 11,693 full-time and 1,139 part-time employees.”
Corporate history
Events identified from SEC filings