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NEXSTAR MEDIA GROUP, INC.（NXST）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
NEXSTAR MEDIA GROUP, INC.的季度营收约是泰瑞达的1.2倍（$1.3B vs $1.1B），泰瑞达净利率更高（23.7% vs -12.9%，领先36.6%），泰瑞达同比增速更快（43.9% vs -13.4%），泰瑞达自由现金流更多（$218.8M vs $136.0M），过去两年泰瑞达的营收复合增速更高（34.4% vs 0.2%）
Nexstar Media Group, Inc.是美国上市传媒企业，总部设于得克萨斯州欧文、曼哈顿中城及芝加哥，1996年6月17日成立。作为美国规模最大的电视台运营商，集团在全美共拥有197家电视台，多数为美国四大广播电视网及MyNetworkTV附属台，覆盖从纽约到得州圣安杰洛等不同规模的市场。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
NXST vs TER — 直观对比
营收规模更大
NXST
是对方的1.2倍
$1.1B
营收增速更快
TER
高出57.3%
-13.4%
净利率更高
TER
高出36.6%
-12.9%
自由现金流更多
TER
多$82.8M
$136.0M
两年增速更快
TER
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.1B |
| 净利润 | $-166.0M | $257.2M |
| 毛利率 | — | 57.2% |
| 营业利润率 | 18.7% | 27.1% |
| 净利率 | -12.9% | 23.7% |
| 营收同比 | -13.4% | 43.9% |
| 净利润同比 | -168.6% | 75.9% |
| 每股收益（稀释后） | $-5.57 | $1.62 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NXSTTER
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.2B | $769.2M | ||
| Q2 25 | $1.2B | $651.8M | ||
| Q1 25 | $1.2B | $685.7M | ||
| Q4 24 | $1.5B | $752.9M | ||
| Q3 24 | $1.4B | $737.3M | ||
| Q2 24 | $1.3B | $729.9M | ||
| Q1 24 | $1.3B | $599.8M |
净利润NXSTTER
| Q4 25 | $-166.0M | $257.2M | ||
| Q3 25 | $70.0M | $119.6M | ||
| Q2 25 | $97.0M | $78.4M | ||
| Q1 25 | $108.0M | $98.9M | ||
| Q4 24 | $242.0M | $146.3M | ||
| Q3 24 | $187.0M | $145.6M | ||
| Q2 24 | $118.0M | $186.3M | ||
| Q1 24 | $175.0M | $64.2M |
毛利率NXSTTER
| Q4 25 | — | 57.2% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 57.2% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | — | 59.2% | ||
| Q2 24 | — | 58.3% | ||
| Q1 24 | — | 56.6% |
营业利润率NXSTTER
| Q4 25 | 18.7% | 27.1% | ||
| Q3 25 | 14.6% | 18.9% | ||
| Q2 25 | 17.3% | 13.9% | ||
| Q1 25 | 17.8% | 17.6% | ||
| Q4 24 | 28.1% | 20.4% | ||
| Q3 24 | 24.5% | 20.6% | ||
| Q2 24 | 18.9% | 28.8% | ||
| Q1 24 | 21.4% | 13.0% |
净利率NXSTTER
| Q4 25 | -12.9% | 23.7% | ||
| Q3 25 | 5.8% | 15.5% | ||
| Q2 25 | 7.9% | 12.0% | ||
| Q1 25 | 8.8% | 14.4% | ||
| Q4 24 | 16.3% | 19.4% | ||
| Q3 24 | 13.7% | 19.8% | ||
| Q2 24 | 9.3% | 25.5% | ||
| Q1 24 | 13.6% | 10.7% |
每股收益（稀释后）NXSTTER
| Q4 25 | $-5.57 | $1.62 | ||
| Q3 25 | $2.14 | $0.75 | ||
| Q2 25 | $3.06 | $0.49 | ||
| Q1 25 | $3.37 | $0.61 | ||
| Q4 24 | $7.44 | $0.89 | ||
| Q3 24 | $5.27 | $0.89 | ||
| Q2 24 | $3.54 | $1.14 | ||
| Q1 24 | $5.16 | $0.40 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $280.0M | $293.8M |
| 总债务越低越好 | $6.3B | — |
| 股东权益账面价值 | $2.1B | $2.8B |
| 总资产 | $10.8B | $4.2B |
| 负债/权益比越低杠杆越低 | 3.07× | — |
8季度趋势，按日历期对齐
现金及短期投资NXSTTER
| Q4 25 | $280.0M | $293.8M | ||
| Q3 25 | $236.0M | $272.7M | ||
| Q2 25 | $234.0M | $339.3M | ||
| Q1 25 | $253.0M | $475.6M | ||
| Q4 24 | $144.0M | $553.4M | ||
| Q3 24 | $181.0M | $510.0M | ||
| Q2 24 | $146.0M | $421.9M | ||
| Q1 24 | $237.0M | $707.4M |
总债务NXSTTER
| 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 | — |
股东权益NXSTTER
| Q4 25 | $2.1B | $2.8B | ||
| Q3 25 | $2.3B | $2.7B | ||
| Q2 25 | $2.3B | $2.8B | ||
| Q1 25 | $2.2B | $2.8B | ||
| Q4 24 | $2.3B | $2.8B | ||
| Q3 24 | $2.2B | $2.9B | ||
| Q2 24 | $2.3B | $2.7B | ||
| Q1 24 | $2.3B | $2.6B |
总资产NXSTTER
| Q4 25 | $10.8B | $4.2B | ||
| Q3 25 | $11.2B | $4.0B | ||
| Q2 25 | $11.3B | $3.8B | ||
| Q1 25 | $11.4B | $3.7B | ||
| Q4 24 | $11.5B | $3.7B | ||
| Q3 24 | $11.7B | $3.8B | ||
| Q2 24 | $11.8B | $3.6B | ||
| Q1 24 | $11.9B | $3.4B |
负债/权益比NXSTTER
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $190.0M | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $218.8M |
| 自由现金流率自由现金流/营收 | 10.6% | 20.2% |
| 资本支出强度资本支出/营收 | 4.2% | 5.8% |
| 现金转化率经营现金流/净利润 | — | 1.09× |
| 过去12个月自由现金流最近4个季度 | $743.0M | $450.4M |
8季度趋势，按日历期对齐
经营现金流NXSTTER
| Q4 25 | $190.0M | $281.6M | ||
| Q3 25 | $117.0M | $49.0M | ||
| Q2 25 | $247.0M | $182.1M | ||
| Q1 25 | $337.0M | $161.6M | ||
| Q4 24 | $411.0M | $282.6M | ||
| Q3 24 | $387.0M | $166.3M | ||
| Q2 24 | $176.0M | $216.1M | ||
| Q1 24 | $276.0M | $7.3M |
自由现金流NXSTTER
| Q4 25 | $136.0M | $218.8M | ||
| Q3 25 | $87.0M | $2.4M | ||
| Q2 25 | $218.0M | $131.7M | ||
| Q1 25 | $302.0M | $97.6M | ||
| Q4 24 | $376.0M | $225.2M | ||
| Q3 24 | $358.0M | $114.4M | ||
| Q2 24 | $139.0M | $171.2M | ||
| Q1 24 | $232.0M | $-36.7M |
自由现金流率NXSTTER
| Q4 25 | 10.6% | 20.2% | ||
| Q3 25 | 7.3% | 0.3% | ||
| Q2 25 | 17.7% | 20.2% | ||
| Q1 25 | 24.5% | 14.2% | ||
| Q4 24 | 25.3% | 29.9% | ||
| Q3 24 | 26.2% | 15.5% | ||
| Q2 24 | 11.0% | 23.5% | ||
| Q1 24 | 18.1% | -6.1% |
资本支出强度NXSTTER
| Q4 25 | 4.2% | 5.8% | ||
| Q3 25 | 2.5% | 6.1% | ||
| Q2 25 | 2.4% | 7.7% | ||
| Q1 25 | 2.8% | 9.3% | ||
| Q4 24 | 2.4% | 7.6% | ||
| Q3 24 | 2.1% | 7.0% | ||
| Q2 24 | 2.9% | 6.1% | ||
| Q1 24 | 3.4% | 7.3% |
现金转化率NXSTTER
| Q4 25 | — | 1.09× | ||
| Q3 25 | 1.67× | 0.41× | ||
| Q2 25 | 2.55× | 2.32× | ||
| Q1 25 | 3.12× | 1.63× | ||
| Q4 24 | 1.70× | 1.93× | ||
| Q3 24 | 2.07× | 1.14× | ||
| Q2 24 | 1.49× | 1.16× | ||
| Q1 24 | 1.58× | 0.11× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NXST
| Distribution Service | $704.0M | 55% |
| Advertising | $491.0M | 38% |
| Other | $78.0M | 6% |
| Corporate | $3.0M | 0% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
