The Filing Desk

iHeartMedia vs Nexstar Media Group

iHeartMedia IHRT · Nexstar Media Group NXST · Broadcasting

Nexstar Media Group reported revenue of $4.9 billion in fiscal 2025, 1.3 times iHeartMedia's $3.9 billion in fiscal 2025. iHeartMedia's revenue grew 0.3% in its latest year, and Nexstar Media Group's fell 8.5%. iHeartMedia had an operating margin of -0.5%, against 17.1% at Nexstar Media Group. Free cash flow was $11 million at iHeartMedia and $743 million at Nexstar Media Group.

Side by side

iHeartMediaNexstar Media Group
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$3.9B$4.9B
Revenue growth0.3%−8.5%
Revenue growth a year, last 5 years5.6%1.9%
Gross margin——
Operating margin−0.5%17.1%
Net margin−12.2%2.2%
Free cash flow$11M$743M
Free cash flow margin0.3%15.0%
Return on capital−0.5%5.6%
Net debt to EBITDA14.1x4.6x
Dividends and buybacks$0M$351M
Change in diluted share count2.0%−6.4%
Last close$1.77$190.02
P/E at the last close—17.2×
Insider trades, last 12 months—bought $2.0 million, sold $11.0 million
Piotroski F-score4 of 85 of 8
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
iHeartMediaNexstar Media Group
Operating margin
Percent of revenue
iHeartMediaNexstar Media Group
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
iHeartMediaNexstar Media Group

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the iHeartMedia and Nexstar Media Group pages.