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NEXSTAR MEDIA GROUP, INC.（NXST）与TRINET GROUP, INC.（TNET）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TRINET GROUP, INC.的1.0倍（$1.3B vs $1.2B），TRINET GROUP, INC.同比增速更快（-2.2% vs -13.4%），NEXSTAR MEDIA GROUP, INC.自由现金流更多（$136.0M vs $43.0M），过去两年NEXSTAR MEDIA GROUP, INC.的营收复合增速更高（0.2% vs -0.6%）
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。
TriNet Group, Inc.是一家面向中小企业的专业雇主组织，总部位于加州都柏林，服务员工规模在3至2500人之间的各类机构。可提供薪资管理、健康福利管理服务，还能为客户提供劳动法规合规、风险降低相关咨询，可作为外包人力资源部门为企业分担人事相关事务。
NXST vs TNET — 直观对比
营收规模更大
NXST
是对方的1.0倍
$1.2B
营收增速更快
TNET
高出11.2%
-13.4%
自由现金流更多
NXST
多$93.0M
$43.0M
两年增速更快
NXST
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $-166.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 18.7% | 0.1% |
| 净利率 | -12.9% | — |
| 营收同比 | -13.4% | -2.2% |
| 净利润同比 | -168.6% | — |
| 每股收益（稀释后） | $-5.57 | $0.02 |
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NXSTTNET
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.3B | $1.3B |
净利润NXSTTNET
| Q4 25 | $-166.0M | — | ||
| Q3 25 | $70.0M | $34.0M | ||
| Q2 25 | $97.0M | $37.0M | ||
| Q1 25 | $108.0M | $85.0M | ||
| Q4 24 | $242.0M | — | ||
| Q3 24 | $187.0M | $45.0M | ||
| Q2 24 | $118.0M | $60.0M | ||
| Q1 24 | $175.0M | $91.0M |
营业利润率NXSTTNET
| Q4 25 | 18.7% | 0.1% | ||
| Q3 25 | 14.6% | 4.1% | ||
| Q2 25 | 17.3% | 4.1% | ||
| Q1 25 | 17.8% | 8.9% | ||
| Q4 24 | 28.1% | -2.9% | ||
| Q3 24 | 24.5% | 4.7% | ||
| Q2 24 | 18.9% | 6.5% | ||
| Q1 24 | 21.4% | 9.7% |
净利率NXSTTNET
| Q4 25 | -12.9% | — | ||
| Q3 25 | 5.8% | 2.8% | ||
| Q2 25 | 7.9% | 3.0% | ||
| Q1 25 | 8.8% | 6.6% | ||
| Q4 24 | 16.3% | — | ||
| Q3 24 | 13.7% | 3.6% | ||
| Q2 24 | 9.3% | 4.9% | ||
| Q1 24 | 13.6% | 7.2% |
每股收益（稀释后）NXSTTNET
| Q4 25 | $-5.57 | $0.02 | ||
| Q3 25 | $2.14 | $0.70 | ||
| Q2 25 | $3.06 | $0.77 | ||
| Q1 25 | $3.37 | $1.71 | ||
| Q4 24 | $7.44 | $-0.44 | ||
| Q3 24 | $5.27 | $0.89 | ||
| Q2 24 | $3.54 | $1.20 | ||
| Q1 24 | $5.16 | $1.78 |
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 | $287.0M |
| 总债务越低越好 | $6.3B | — |
| 股东权益账面价值 | $2.1B | $54.0M |
| 总资产 | $10.8B | $3.8B |
| 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NXSTTNET
| Q4 25 | $280.0M | $287.0M | ||
| Q3 25 | $236.0M | $321.0M | ||
| Q2 25 | $234.0M | $407.0M | ||
| Q1 25 | $253.0M | $349.0M | ||
| Q4 24 | $144.0M | $360.0M | ||
| Q3 24 | $181.0M | $301.0M | ||
| Q2 24 | $146.0M | $249.0M | ||
| Q1 24 | $237.0M | $383.0M |
总债务NXSTTNET
| 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NXSTTNET
| Q4 25 | $2.1B | $54.0M | ||
| Q3 25 | $2.3B | $110.0M | ||
| Q2 25 | $2.3B | $107.0M | ||
| Q1 25 | $2.2B | $63.0M | ||
| Q4 24 | $2.3B | $69.0M | ||
| Q3 24 | $2.2B | $129.0M | ||
| Q2 24 | $2.3B | $100.0M | ||
| Q1 24 | $2.3B | $143.0M |
总资产NXSTTNET
| Q4 25 | $10.8B | $3.8B | ||
| Q3 25 | $11.2B | $3.4B | ||
| Q2 25 | $11.3B | $3.7B | ||
| Q1 25 | $11.4B | $3.8B | ||
| Q4 24 | $11.5B | $4.1B | ||
| Q3 24 | $11.7B | $3.7B | ||
| Q2 24 | $11.8B | $3.7B | ||
| Q1 24 | $11.9B | $4.0B |
负债/权益比NXSTTNET
| 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 | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $43.0M |
| 自由现金流率自由现金流/营收 | 10.6% | 3.4% |
| 资本支出强度资本支出/营收 | 4.2% | 1.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $743.0M | $234.0M |
8季度趋势，按日历期对齐
经营现金流NXSTTNET
| Q4 25 | $190.0M | $61.0M | ||
| Q3 25 | $117.0M | $72.0M | ||
| Q2 25 | $247.0M | $75.0M | ||
| Q1 25 | $337.0M | $95.0M | ||
| Q4 24 | $411.0M | $65.0M | ||
| Q3 24 | $387.0M | $84.0M | ||
| Q2 24 | $176.0M | $39.0M | ||
| Q1 24 | $276.0M | $91.0M |
自由现金流NXSTTNET
| Q4 25 | $136.0M | $43.0M | ||
| Q3 25 | $87.0M | $55.0M | ||
| Q2 25 | $218.0M | $57.0M | ||
| Q1 25 | $302.0M | $79.0M | ||
| Q4 24 | $376.0M | $47.0M | ||
| Q3 24 | $358.0M | $59.0M | ||
| Q2 24 | $139.0M | $22.0M | ||
| Q1 24 | $232.0M | $73.0M |
自由现金流率NXSTTNET
| Q4 25 | 10.6% | 3.4% | ||
| Q3 25 | 7.3% | 4.5% | ||
| Q2 25 | 17.7% | 4.6% | ||
| Q1 25 | 24.5% | 6.1% | ||
| Q4 24 | 25.3% | 3.7% | ||
| Q3 24 | 26.2% | 4.8% | ||
| Q2 24 | 11.0% | 1.8% | ||
| Q1 24 | 18.1% | 5.8% |
资本支出强度NXSTTNET
| Q4 25 | 4.2% | 1.4% | ||
| Q3 25 | 2.5% | 1.4% | ||
| Q2 25 | 2.4% | 1.5% | ||
| Q1 25 | 2.8% | 1.2% | ||
| Q4 24 | 2.4% | 1.4% | ||
| Q3 24 | 2.1% | 2.0% | ||
| Q2 24 | 2.9% | 1.4% | ||
| Q1 24 | 3.4% | 1.4% |
现金转化率NXSTTNET
| Q4 25 | — | — | ||
| Q3 25 | 1.67× | 2.12× | ||
| Q2 25 | 2.55× | 2.03× | ||
| Q1 25 | 3.12× | 1.12× | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | 2.07× | 1.87× | ||
| Q2 24 | 1.49× | 0.65× | ||
| Q1 24 | 1.58× | 1.00× |
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% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
