Is NEXSTAR MEDIA GROUP, INC. (NXST) Halal?

NASDAQ Communication Services United States $6.5B
✗ NOT HALAL
Confidence: 90/100
NEXSTAR MEDIA GROUP, INC. (NXST) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 84.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. NEXSTAR MEDIA GROUP, INC. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 84.8%
/ 30%
3.7%
/ 30%
14.3%
/ 30%
6.75%
/ 5%
✗ NOT HALAL
DJIM 84.8%
/ 33%
3.7%
/ 33%
14.3%
/ 33%
6.75%
/ 5%
✗ NOT HALAL
MSCI 58.8%
/ 33%
2.6%
/ 33%
9.9%
/ 33%
6.75%
/ 5%
✗ NOT HALAL
S&P 84.8%
/ 33%
3.7%
/ 33%
14.3%
/ 33%
6.75%
/ 5%
✗ NOT HALAL
FTSE 58.8%
/ 33%
2.6%
/ 33%
9.9%
/ 50%
6.75%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
70.8
Forward: 11.9
EPS
$3.01
Dividend Yield
349.0%
Payout: 248.0%
P/B Ratio
3.1
EV/EBITDA
9.4
EV: $12.8B
Revenue
$4.9B
Growth: -13.3%
Beta
0.8
Low volatility
Current Ratio
2.1

Profitability

Gross Margin 55.4%
Operating Margin 20.5%
Net Margin 2.2%
Return on Equity (ROE) 3.8%
Return on Assets (ROA) 5.0%

Cash Flow & Balance Sheet

Operating Cash Flow$891M
Free Cash Flow$743M
Total Debt$6.4B
Debt-to-Equity320.9
Current Ratio2.1
Total Assets$10.8B

Price & Trading

Last Close$219.63
50-Day MA$228.69
200-Day MA$202.73
Avg Volume350K
Beta0.8
52-Week Range
$141.66
$254.30

About NEXSTAR MEDIA GROUP, INC. (NXST)

CEO
Mr. Perry A. Sook
Sector
Communication Services
Industry
Broadcasting
Country
United States
Exchange
NASDAQ
Market Cap
$6.5B
Currency
USD

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. The company offers video and display advertising platforms through its own and various third party websites, mobile and over-the-top applications, digital media solutions to media publishers and advertisers, and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks. Further, its digital assets include 125 local websites, 229 mobile applications, 110 connected television applications, television channels from The CW and The Hill, BestReviews, and advertising solutions. Additionally, the company engages in the digital business; and management of real estate assets, including leasing of owned office and production facilities. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. Nexstar Media Group, Inc. was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. The company was founded in 1996 and is headquartered in Irving, Texas.

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Frequently Asked Questions

Is NEXSTAR MEDIA GROUP, INC. (NXST) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NEXSTAR MEDIA GROUP, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is NEXSTAR MEDIA GROUP, INC.'s debt ratio?

NEXSTAR MEDIA GROUP, INC.'s debt ratio is 84.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 58.8%.

What are NEXSTAR MEDIA GROUP, INC.'s key financial metrics?

NEXSTAR MEDIA GROUP, INC. has a market capitalization of $6.5B, trailing P/E ratio of 70.8, and revenue of $4.9B. The company maintains a gross margin of 55.4% and a net margin of 2.2%. Return on equity stands at 3.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.