NXST FY2023 SEC EDGAR DEF 14A

Nexstar Media Group, Inc. CEO pay ratio

The CEO earned $29.1M in FY2023 against median worker pay of $57,229 · Communications.

State
DE
Filing date
2024-04-29
Industry
Communications
Fiscal year
FY2023

Data updated August 2026

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CEO-to-worker pay ratio
509:1
Extreme (Scale: 0–1000:1)
CEO pay
$29.1M
Median worker
$57,229

Latest filing FY2023. This company's newest DEF 14A on file is for FY2023, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.

Answer first

Nexstar Media Group, Inc. reported a 509:1 CEO-to-worker pay ratio in FY2023 - above the Communications median of 87:1 across 30 filers.

Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Communications companies.

Pay ratio
509:1
FY2023 disclosed
CEO total
$29.1M
Summary Compensation Table total
Median worker
$57,229
Dodd-Frank median employee

Ratio bands among Communications peers

Exclusive CEO-to-median-worker bands across 25 complete latest-FY filings in SIC 48. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2023

A component-level pay breakdown is not reported in Nexstar Media Group, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Nexstar Media Group, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2023. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
509:1
FY2023
vs prior FY
-178:1
from FY2022 687:1
CEO $ YoY
-26%
$29.1M latest
Filings shown
3
FY2021–2023
Nexstar Media Group, Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $21.1M - $64,152 330:1 -
2022 $39.3M +86% $57,229 687:1 +357:1
2023 $29.1M -26% $57,229 509:1 -178:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1142417, FY2021–2023. Adjacent-year deltas only.

Industry Comparison - Communications

This Company's Ratio
509:1
Industry Median Ratio
87:1
Industry Median CEO Pay
$10.8M
This CEO's Pay
$29.1M
Companies in Industry
30
vs. Industry Median
Above

Nexstar Media Group, Inc.: upper-tail Item 402(u) ratio

Nexstar Media Group, Inc. stamps EXTREME · PEAK at 509:1 with $29.1M CEO total in FY2023. the CEO earned 509× the median employee ($57,229) in FY2023.

At $57,229 median worker pay (PAR-MED), the EXTREME stamp means roughly 509 years of median wages to match one CEO year.

CEO Total Pay

$29.1M

FY2023 Summary Compensation, well above median

Pay Ratio

509:1

Outlier, top decile

What FY2023 shows for Nexstar Media Group, Inc.

Nexstar Media Group, Inc. stamps EXTREME · PEAK at 509:1 with $29.1M CEO total in FY2023. The structured pay-ratio disclosure reports the total without line-item components. Communications (SIC 48) median ratio is 87:1 across 30 FY2025 filers; Nexstar Media Group, Inc.'s $29.1M CEO total is above the $10.8M industry median CEO pay.

Nexstar Media Group, Inc. stamps EXTREME · PEAK · PAR-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Communications peers.

Key Data, FY2023

Total Compensation
$29.1M
Median Employee Pay
$57,229
Pay Ratio
509:1
Filing Date
2024-04-29

Company Info

Ticker
NXST
CIK
1142417
Industry
Communications
SIC Code
4833
State
DE
SEC EDGAR DEF 14A for CIK 1142417, FY2023. Informational only, not investment advice. Verify on EDGAR.

Read with Nexstar Media Group, Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps EXTREME · PEAK · PAR-MED.

Data sourced from SEC EDGAR DEF 14A for Nexstar Media Group, Inc. (CIK 1142417), FY2023. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.