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Side-by-side financial comparison of Brookfield Business Corp (BBUC) and NEXSTAR MEDIA GROUP, INC. (NXST). Click either name above to swap in a different company.

Brookfield Business Corp is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.4× NEXSTAR MEDIA GROUP, INC.). Brookfield Business Corp runs the higher net margin — -1.2% vs -12.9%, a 11.7% gap on every dollar of revenue. On growth, Brookfield Business Corp posted the faster year-over-year revenue change (-3.6% vs -13.4%).

Brookfield Business Partners L.P. is a publicly traded limited partnership and the primary public vehicle through which Brookfield Corporation, its parent company, owns and operates the business services and industrial operations of its private equity group. It was formed through a spin-off from Brookfield Asset Management in June 2016.

Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas; Midtown Manhattan; and Chicago. Founded on June 17, 1996, the company is the largest television station owner in the United States, owning 197 television stations across the United States, most of which are affiliated with the four major American television networks and MyNetworkTV in markets as large as New York City and as small as San Angelo, Texas. It also operates all of the station...

BBUC vs NXST — Head-to-Head

Bigger by revenue
BBUC
BBUC
1.4× larger
BBUC
$1.9B
$1.3B
NXST
Growing faster (revenue YoY)
BBUC
BBUC
+9.9% gap
BBUC
-3.6%
-13.4%
NXST
Higher net margin
BBUC
BBUC
11.7% more per $
BBUC
-1.2%
-12.9%
NXST

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BBUC
BBUC
NXST
NXST
Revenue
$1.9B
$1.3B
Net Profit
$-23.0M
$-166.0M
Gross Margin
Operating Margin
18.7%
Net Margin
-1.2%
-12.9%
Revenue YoY
-3.6%
-13.4%
Net Profit YoY
-157.5%
-168.6%
EPS (diluted)
$-5.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BBUC
BBUC
NXST
NXST
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.9B
$1.2B
Q1 25
$1.2B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.9B
$1.3B
Q1 24
$1.3B
Net Profit
BBUC
BBUC
NXST
NXST
Q4 25
$-166.0M
Q3 25
$70.0M
Q2 25
$-23.0M
$97.0M
Q1 25
$108.0M
Q4 24
$242.0M
Q3 24
$187.0M
Q2 24
$40.0M
$118.0M
Q1 24
$175.0M
Operating Margin
BBUC
BBUC
NXST
NXST
Q4 25
18.7%
Q3 25
14.6%
Q2 25
17.3%
Q1 25
17.8%
Q4 24
28.1%
Q3 24
24.5%
Q2 24
18.9%
Q1 24
21.4%
Net Margin
BBUC
BBUC
NXST
NXST
Q4 25
-12.9%
Q3 25
5.8%
Q2 25
-1.2%
7.9%
Q1 25
8.8%
Q4 24
16.3%
Q3 24
13.7%
Q2 24
2.1%
9.3%
Q1 24
13.6%
EPS (diluted)
BBUC
BBUC
NXST
NXST
Q4 25
$-5.57
Q3 25
$2.14
Q2 25
$3.06
Q1 25
$3.37
Q4 24
$7.44
Q3 24
$5.27
Q2 24
$3.54
Q1 24
$5.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBUC
BBUC
NXST
NXST
Cash + ST InvestmentsLiquidity on hand
$613.0M
$280.0M
Total DebtLower is stronger
$6.3B
Stockholders' EquityBook value
$2.6B
$2.1B
Total Assets
$16.3B
$10.8B
Debt / EquityLower = less leverage
3.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBUC
BBUC
NXST
NXST
Q4 25
$280.0M
Q3 25
$236.0M
Q2 25
$613.0M
$234.0M
Q1 25
$253.0M
Q4 24
$144.0M
Q3 24
$181.0M
Q2 24
$754.0M
$146.0M
Q1 24
$237.0M
Total Debt
BBUC
BBUC
NXST
NXST
Q4 25
$6.3B
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$6.5B
Q4 24
$6.5B
Q3 24
$6.7B
Q2 24
$6.8B
Q1 24
$6.8B
Stockholders' Equity
BBUC
BBUC
NXST
NXST
Q4 25
$2.1B
Q3 25
$2.3B
Q2 25
$2.6B
$2.3B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.2B
Q2 24
$4.6B
$2.3B
Q1 24
$2.3B
Total Assets
BBUC
BBUC
NXST
NXST
Q4 25
$10.8B
Q3 25
$11.2B
Q2 25
$16.3B
$11.3B
Q1 25
$11.4B
Q4 24
$11.5B
Q3 24
$11.7B
Q2 24
$20.5B
$11.8B
Q1 24
$11.9B
Debt / Equity
BBUC
BBUC
NXST
NXST
Q4 25
3.07×
Q3 25
2.78×
Q2 25
2.83×
Q1 25
2.89×
Q4 24
2.89×
Q3 24
3.02×
Q2 24
2.99×
Q1 24
2.93×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBUC
BBUC
NXST
NXST
Operating Cash FlowLast quarter
$190.0M
Free Cash FlowOCF − Capex
$136.0M
FCF MarginFCF / Revenue
10.6%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$743.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBUC
BBUC
NXST
NXST
Q4 25
$190.0M
Q3 25
$117.0M
Q2 25
$247.0M
Q1 25
$337.0M
Q4 24
$411.0M
Q3 24
$387.0M
Q2 24
$176.0M
Q1 24
$276.0M
Free Cash Flow
BBUC
BBUC
NXST
NXST
Q4 25
$136.0M
Q3 25
$87.0M
Q2 25
$218.0M
Q1 25
$302.0M
Q4 24
$376.0M
Q3 24
$358.0M
Q2 24
$139.0M
Q1 24
$232.0M
FCF Margin
BBUC
BBUC
NXST
NXST
Q4 25
10.6%
Q3 25
7.3%
Q2 25
17.7%
Q1 25
24.5%
Q4 24
25.3%
Q3 24
26.2%
Q2 24
11.0%
Q1 24
18.1%
Capex Intensity
BBUC
BBUC
NXST
NXST
Q4 25
4.2%
Q3 25
2.5%
Q2 25
2.4%
Q1 25
2.8%
Q4 24
2.4%
Q3 24
2.1%
Q2 24
2.9%
Q1 24
3.4%
Cash Conversion
BBUC
BBUC
NXST
NXST
Q4 25
Q3 25
1.67×
Q2 25
2.55×
Q1 25
3.12×
Q4 24
1.70×
Q3 24
2.07×
Q2 24
1.49×
Q1 24
1.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBUC
BBUC

Segment breakdown not available.

NXST
NXST

Distribution Service$704.0M55%
Advertising$491.0M38%
Other$78.0M6%
Corporate$3.0M0%

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