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

NEXSTAR MEDIA GROUP, INC. is the larger business by last-quarter revenue ($1.4B vs $840.3M, roughly 1.7× TreeHouse Foods, Inc.). NEXSTAR MEDIA GROUP, INC. runs the higher net margin — 11.5% vs -31.6%, a 43.1% gap on every dollar of revenue. On growth, NEXSTAR MEDIA GROUP, INC. posted the faster year-over-year revenue change (13.1% vs 0.1%). Over the past eight quarters, NEXSTAR MEDIA GROUP, INC.'s revenue compounded faster (4.9% CAGR vs -3.9%).

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...

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and bev...

NXST vs THS — Head-to-Head

Bigger by revenue
NXST
NXST
1.7× larger
NXST
$1.4B
$840.3M
THS
Growing faster (revenue YoY)
NXST
NXST
+13.0% gap
NXST
13.1%
0.1%
THS
Higher net margin
NXST
NXST
43.1% more per $
NXST
11.5%
-31.6%
THS
Faster 2-yr revenue CAGR
NXST
NXST
Annualised
NXST
4.9%
-3.9%
THS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
NXST
NXST
THS
THS
Revenue
$1.4B
$840.3M
Net Profit
$160.0M
$-265.8M
Gross Margin
18.8%
Operating Margin
0.0%
-30.2%
Net Margin
11.5%
-31.6%
Revenue YoY
13.1%
0.1%
Net Profit YoY
146.5%
-7717.6%
EPS (diluted)
$-5.26

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
NXST
NXST
THS
THS
Q1 26
$1.4B
Q4 25
$1.3B
Q3 25
$1.2B
$840.3M
Q2 25
$1.2B
$798.0M
Q1 25
$1.2B
$792.0M
Q4 24
$1.5B
$905.7M
Q3 24
$1.4B
$839.1M
Q2 24
$1.3B
$788.5M
Net Profit
NXST
NXST
THS
THS
Q1 26
$160.0M
Q4 25
$-166.0M
Q3 25
$70.0M
$-265.8M
Q2 25
$97.0M
$-2.9M
Q1 25
$108.0M
$-31.8M
Q4 24
$242.0M
$58.7M
Q3 24
$187.0M
$-3.4M
Q2 24
$118.0M
$-16.7M
Gross Margin
NXST
NXST
THS
THS
Q1 26
Q4 25
Q3 25
18.8%
Q2 25
17.4%
Q1 25
14.5%
Q4 24
19.5%
Q3 24
15.6%
Q2 24
16.3%
Operating Margin
NXST
NXST
THS
THS
Q1 26
0.0%
Q4 25
18.7%
Q3 25
14.6%
-30.2%
Q2 25
17.3%
3.4%
Q1 25
17.8%
-0.7%
Q4 24
28.1%
8.9%
Q3 24
24.5%
3.8%
Q2 24
18.9%
-0.5%
Net Margin
NXST
NXST
THS
THS
Q1 26
11.5%
Q4 25
-12.9%
Q3 25
5.8%
-31.6%
Q2 25
7.9%
-0.4%
Q1 25
8.8%
-4.0%
Q4 24
16.3%
6.5%
Q3 24
13.7%
-0.4%
Q2 24
9.3%
-2.1%
EPS (diluted)
NXST
NXST
THS
THS
Q1 26
Q4 25
$-5.57
Q3 25
$2.14
$-5.26
Q2 25
$3.06
$-0.06
Q1 25
$3.37
$-0.63
Q4 24
$7.44
$1.12
Q3 24
$5.27
$-0.07
Q2 24
$3.54
$-0.32

Balance Sheet & Financial Strength

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

Metric
NXST
NXST
THS
THS
Cash + ST InvestmentsLiquidity on hand
$21.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.3B
Total Assets
$3.8B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXST
NXST
THS
THS
Q1 26
Q4 25
$280.0M
Q3 25
$236.0M
$21.0M
Q2 25
$234.0M
$17.1M
Q1 25
$253.0M
$16.4M
Q4 24
$144.0M
$289.6M
Q3 24
$181.0M
$102.0M
Q2 24
$146.0M
$105.8M
Total Debt
NXST
NXST
THS
THS
Q1 26
Q4 25
$6.3B
Q3 25
$6.4B
$1.5B
Q2 25
$6.4B
$1.5B
Q1 25
$6.5B
$1.4B
Q4 24
$6.5B
$1.4B
Q3 24
$6.7B
$1.4B
Q2 24
$6.8B
$1.4B
Stockholders' Equity
NXST
NXST
THS
THS
Q1 26
Q4 25
$2.1B
Q3 25
$2.3B
$1.3B
Q2 25
$2.3B
$1.5B
Q1 25
$2.2B
$1.5B
Q4 24
$2.3B
$1.5B
Q3 24
$2.2B
$1.6B
Q2 24
$2.3B
$1.6B
Total Assets
NXST
NXST
THS
THS
Q1 26
Q4 25
$10.8B
Q3 25
$11.2B
$3.8B
Q2 25
$11.3B
$4.0B
Q1 25
$11.4B
$3.9B
Q4 24
$11.5B
$4.0B
Q3 24
$11.7B
$4.0B
Q2 24
$11.8B
$3.9B
Debt / Equity
NXST
NXST
THS
THS
Q1 26
Q4 25
3.07×
Q3 25
2.78×
1.18×
Q2 25
2.83×
0.98×
Q1 25
2.89×
0.93×
Q4 24
2.89×
0.90×
Q3 24
3.02×
0.90×
Q2 24
2.99×
0.90×

Cash Flow & Capital Efficiency

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

Metric
NXST
NXST
THS
THS
Operating Cash FlowLast quarter
$289.0M
$38.2M
Free Cash FlowOCF − Capex
$267.0M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
1.81×
TTM Free Cash FlowTrailing 4 quarters
$708.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXST
NXST
THS
THS
Q1 26
$289.0M
Q4 25
$190.0M
Q3 25
$117.0M
$38.2M
Q2 25
$247.0M
$-47.2M
Q1 25
$337.0M
$-53.5M
Q4 24
$411.0M
$296.2M
Q3 24
$387.0M
$41.4M
Q2 24
$176.0M
$-19.4M
Free Cash Flow
NXST
NXST
THS
THS
Q1 26
$267.0M
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
$-42.2M
FCF Margin
NXST
NXST
THS
THS
Q1 26
19.1%
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%
-5.4%
Capex Intensity
NXST
NXST
THS
THS
Q1 26
1.6%
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%
2.9%
Cash Conversion
NXST
NXST
THS
THS
Q1 26
1.81×
Q4 25
Q3 25
1.67×
Q2 25
2.55×
Q1 25
3.12×
Q4 24
1.70×
5.05×
Q3 24
2.07×
Q2 24
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NXST
NXST

Distribution$837.0M60%
Advertising$548.0M39%

THS
THS

Retail Grocery Customers$670.6M80%
Food Away From Home And Other$85.3M10%
Co Manufacturing$84.4M10%

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