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

NEXSTAR MEDIA GROUP, INC. is the larger business by last-quarter revenue ($1.3B vs $757.8M, roughly 1.7× CARTERS INC). CARTERS INC runs the higher net margin — 1.5% vs -12.9%, a 14.4% gap on every dollar of revenue. On growth, CARTERS INC posted the faster year-over-year revenue change (-0.1% vs -13.4%). NEXSTAR MEDIA GROUP, INC. produced more free cash flow last quarter ($136.0M vs $-144.1M).

Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.

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...

CRI vs NXST — Head-to-Head

Bigger by revenue
NXST
NXST
1.7× larger
NXST
$1.3B
$757.8M
CRI
Growing faster (revenue YoY)
CRI
CRI
+13.4% gap
CRI
-0.1%
-13.4%
NXST
Higher net margin
CRI
CRI
14.4% more per $
CRI
1.5%
-12.9%
NXST
More free cash flow
NXST
NXST
$280.1M more FCF
NXST
$136.0M
$-144.1M
CRI

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CRI
CRI
NXST
NXST
Revenue
$757.8M
$1.3B
Net Profit
$11.6M
$-166.0M
Gross Margin
45.1%
Operating Margin
3.8%
18.7%
Net Margin
1.5%
-12.9%
Revenue YoY
-0.1%
-13.4%
Net Profit YoY
-80.1%
-168.6%
EPS (diluted)
$0.32
$-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
CRI
CRI
NXST
NXST
Q4 25
$1.3B
Q3 25
$757.8M
$1.2B
Q2 25
$585.3M
$1.2B
Q1 25
$629.8M
$1.2B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.3B
Net Profit
CRI
CRI
NXST
NXST
Q4 25
$-166.0M
Q3 25
$11.6M
$70.0M
Q2 25
$446.0K
$97.0M
Q1 25
$15.5M
$108.0M
Q4 24
$242.0M
Q3 24
$187.0M
Q2 24
$118.0M
Q1 24
$175.0M
Gross Margin
CRI
CRI
NXST
NXST
Q4 25
Q3 25
45.1%
Q2 25
48.1%
Q1 25
46.2%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
CRI
CRI
NXST
NXST
Q4 25
18.7%
Q3 25
3.8%
14.6%
Q2 25
0.7%
17.3%
Q1 25
4.1%
17.8%
Q4 24
28.1%
Q3 24
24.5%
Q2 24
18.9%
Q1 24
21.4%
Net Margin
CRI
CRI
NXST
NXST
Q4 25
-12.9%
Q3 25
1.5%
5.8%
Q2 25
0.1%
7.9%
Q1 25
2.5%
8.8%
Q4 24
16.3%
Q3 24
13.7%
Q2 24
9.3%
Q1 24
13.6%
EPS (diluted)
CRI
CRI
NXST
NXST
Q4 25
$-5.57
Q3 25
$0.32
$2.14
Q2 25
$0.01
$3.06
Q1 25
$0.43
$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
CRI
CRI
NXST
NXST
Cash + ST InvestmentsLiquidity on hand
$184.2M
$280.0M
Total DebtLower is stronger
$6.3B
Stockholders' EquityBook value
$864.6M
$2.1B
Total Assets
$2.5B
$10.8B
Debt / EquityLower = less leverage
3.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRI
CRI
NXST
NXST
Q4 25
$280.0M
Q3 25
$184.2M
$236.0M
Q2 25
$338.2M
$234.0M
Q1 25
$320.8M
$253.0M
Q4 24
$144.0M
Q3 24
$181.0M
Q2 24
$146.0M
Q1 24
$237.0M
Total Debt
CRI
CRI
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
CRI
CRI
NXST
NXST
Q4 25
$2.1B
Q3 25
$864.6M
$2.3B
Q2 25
$853.9M
$2.3B
Q1 25
$847.2M
$2.2B
Q4 24
$2.3B
Q3 24
$2.2B
Q2 24
$2.3B
Q1 24
$2.3B
Total Assets
CRI
CRI
NXST
NXST
Q4 25
$10.8B
Q3 25
$2.5B
$11.2B
Q2 25
$2.5B
$11.3B
Q1 25
$2.3B
$11.4B
Q4 24
$11.5B
Q3 24
$11.7B
Q2 24
$11.8B
Q1 24
$11.9B
Debt / Equity
CRI
CRI
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
CRI
CRI
NXST
NXST
Operating Cash FlowLast quarter
$-128.0M
$190.0M
Free Cash FlowOCF − Capex
$-144.1M
$136.0M
FCF MarginFCF / Revenue
-19.0%
10.6%
Capex IntensityCapex / Revenue
2.1%
4.2%
Cash ConversionOCF / Net Profit
-11.04×
TTM Free Cash FlowTrailing 4 quarters
$743.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRI
CRI
NXST
NXST
Q4 25
$190.0M
Q3 25
$-128.0M
$117.0M
Q2 25
$40.3M
$247.0M
Q1 25
$-48.6M
$337.0M
Q4 24
$411.0M
Q3 24
$387.0M
Q2 24
$176.0M
Q1 24
$276.0M
Free Cash Flow
CRI
CRI
NXST
NXST
Q4 25
$136.0M
Q3 25
$-144.1M
$87.0M
Q2 25
$24.1M
$218.0M
Q1 25
$-59.0M
$302.0M
Q4 24
$376.0M
Q3 24
$358.0M
Q2 24
$139.0M
Q1 24
$232.0M
FCF Margin
CRI
CRI
NXST
NXST
Q4 25
10.6%
Q3 25
-19.0%
7.3%
Q2 25
4.1%
17.7%
Q1 25
-9.4%
24.5%
Q4 24
25.3%
Q3 24
26.2%
Q2 24
11.0%
Q1 24
18.1%
Capex Intensity
CRI
CRI
NXST
NXST
Q4 25
4.2%
Q3 25
2.1%
2.5%
Q2 25
2.8%
2.4%
Q1 25
1.6%
2.8%
Q4 24
2.4%
Q3 24
2.1%
Q2 24
2.9%
Q1 24
3.4%
Cash Conversion
CRI
CRI
NXST
NXST
Q4 25
Q3 25
-11.04×
1.67×
Q2 25
90.37×
2.55×
Q1 25
-3.13×
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

CRI
CRI

Sales Channel Directly To Consumer$362.3M48%
Sales Channel Through Intermediary$283.8M37%
Other$110.4M15%
Gift Cards$1.3M0%

NXST
NXST

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

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