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NXST vs. EQIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NXST and EQIX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

NXST vs. EQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nexstar Media Group, Inc. (NXST) and Equinix, Inc. (EQIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NXST:

0.20

EQIX:

0.49

Sortino Ratio

NXST:

0.31

EQIX:

0.89

Omega Ratio

NXST:

1.04

EQIX:

1.12

Calmar Ratio

NXST:

0.06

EQIX:

0.54

Martin Ratio

NXST:

0.13

EQIX:

1.66

Ulcer Index

NXST:

11.42%

EQIX:

7.96%

Daily Std Dev

NXST:

34.69%

EQIX:

24.22%

Max Drawdown

NXST:

-96.66%

EQIX:

-99.44%

Current Drawdown

NXST:

-9.60%

EQIX:

-10.61%

Fundamentals

Market Cap

NXST:

$5.31B

EQIX:

$84.83B

EPS

NXST:

$19.62

EQIX:

$9.54

PE Ratio

NXST:

8.98

EQIX:

90.91

PEG Ratio

NXST:

0.58

EQIX:

3.52

PS Ratio

NXST:

0.99

EQIX:

9.62

PB Ratio

NXST:

2.36

EQIX:

6.05

Total Revenue (TTM)

NXST:

$5.36B

EQIX:

$8.85B

Gross Profit (TTM)

NXST:

$3.13B

EQIX:

$4.39B

EBITDA (TTM)

NXST:

$2.12B

EQIX:

$3.44B

Returns By Period

In the year-to-date period, NXST achieves a 13.12% return, which is significantly higher than EQIX's -6.62% return. Both investments have delivered pretty close results over the past 10 years, with NXST having a 15.07% annualized return and EQIX not far ahead at 15.46%.


NXST

YTD

13.12%

1M

19.93%

6M

10.42%

1Y

6.97%

5Y*

22.78%

10Y*

15.07%

EQIX

YTD

-6.62%

1M

12.49%

6M

-1.88%

1Y

11.82%

5Y*

7.80%

10Y*

15.46%

*Annualized

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Risk-Adjusted Performance

NXST vs. EQIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NXST
The Risk-Adjusted Performance Rank of NXST is 5151
Overall Rank
The Sharpe Ratio Rank of NXST is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of NXST is 4444
Sortino Ratio Rank
The Omega Ratio Rank of NXST is 4545
Omega Ratio Rank
The Calmar Ratio Rank of NXST is 5454
Calmar Ratio Rank
The Martin Ratio Rank of NXST is 5252
Martin Ratio Rank

EQIX
The Risk-Adjusted Performance Rank of EQIX is 6868
Overall Rank
The Sharpe Ratio Rank of EQIX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of EQIX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of EQIX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of EQIX is 7373
Calmar Ratio Rank
The Martin Ratio Rank of EQIX is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NXST vs. EQIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nexstar Media Group, Inc. (NXST) and Equinix, Inc. (EQIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current NXST Sharpe Ratio is 0.20, which is lower than the EQIX Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of NXST and EQIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NXST vs. EQIX - Dividend Comparison

NXST's dividend yield for the trailing twelve months is around 2.97%, more than EQIX's 1.99% yield.


TTM20242023202220212020201920182017201620152014
NXST
Nexstar Media Group, Inc.
2.97%4.28%3.44%2.06%1.85%2.05%1.54%1.91%1.53%1.52%1.29%1.16%
EQIX
Equinix, Inc.
1.99%1.81%1.80%1.89%1.36%1.49%1.69%2.59%1.77%1.96%5.86%3.34%

Drawdowns

NXST vs. EQIX - Drawdown Comparison

The maximum NXST drawdown since its inception was -96.66%, roughly equal to the maximum EQIX drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for NXST and EQIX. For additional features, visit the drawdowns tool.


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Volatility

NXST vs. EQIX - Volatility Comparison

Nexstar Media Group, Inc. (NXST) has a higher volatility of 9.41% compared to Equinix, Inc. (EQIX) at 5.63%. This indicates that NXST's price experiences larger fluctuations and is considered to be riskier than EQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

NXST vs. EQIX - Financials Comparison

This section allows you to compare key financial metrics between Nexstar Media Group, Inc. and Equinix, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


1.00B1.20B1.40B1.60B1.80B2.00B2.20B20212022202320242025
1.23B
2.23B
(NXST) Total Revenue
(EQIX) Total Revenue
Values in USD except per share items

NXST vs. EQIX - Profitability Comparison

The chart below illustrates the profitability comparison between Nexstar Media Group, Inc. and Equinix, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

45.0%50.0%55.0%60.0%65.0%70.0%20212022202320242025
55.4%
51.3%
(NXST) Gross Margin
(EQIX) Gross Margin
NXST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Nexstar Media Group, Inc. reported a gross profit of 683.00M and revenue of 1.23B. Therefore, the gross margin over that period was 55.4%.

EQIX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Equinix, Inc. reported a gross profit of 1.14B and revenue of 2.23B. Therefore, the gross margin over that period was 51.3%.

NXST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Nexstar Media Group, Inc. reported an operating income of 220.00M and revenue of 1.23B, resulting in an operating margin of 17.8%.

EQIX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Equinix, Inc. reported an operating income of 458.00M and revenue of 2.23B, resulting in an operating margin of 20.6%.

NXST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Nexstar Media Group, Inc. reported a net income of 108.00M and revenue of 1.23B, resulting in a net margin of 8.8%.

EQIX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Equinix, Inc. reported a net income of 343.00M and revenue of 2.23B, resulting in a net margin of 15.4%.