Nexstar Media Group Inc. has released its latest investor presentation, highlighting its extensive reach across the United States. Covering 70% of U.S. TV households, Nexstar owns or partners with 201 television stations across 116 markets, producing over 316,000 programming hours annually. The presentation details Nexstar's financial profile for 2024, noting a net revenue of $5,407 million, a net income of $683 million, and an adjusted EBITDA of $2,004 million, with an adjusted EBITDA margin of 37%. The company's capital allocation strategy includes a focus on dividends and share repurchases. As a major player in both local and national media, Nexstar's portfolio includes ownership stakes in prominent networks such as The CW and NewsNation, catering to a diverse audience with a commitment to providing "News for All Americans." You can access the full presentation through the link below.
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