NXST vs. KLAC

Last updated Apr 2, 2026

Compare and contrast key facts about Nexstar Media Group, Inc. (NXST) and KLA Corporation (KLAC).

Performance

NXST vs. KLAC - Performance Comparison

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

NXST vs. KLAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NXST Nexstar Media Group, Inc.	-10.99%	33.95%	5.04%	-7.52%	18.37%	40.95%	-4.42%	51.93%	2.65%	25.89%
KLAC KLA Corporation	25.24%	94.48%	9.36%	56.05%	-11.20%	68.05%	47.94%	103.99%	-12.49%	36.80%

Fundamentals

Market Cap NXST : $5.44B KLAC : $200.93B
EPS NXST : $3.56 KLAC : $34.42
PE Ratio NXST : 50.30 KLAC : 44.16
PEG Ratio NXST : 12.28K KLAC : 1.65
PS Ratio NXST : 1.11 KLAC : 15.79
Total Revenue (TTM) NXST : $4.95B KLAC : $12.74B
Gross Profit (TTM) NXST : $1.80B KLAC : $7.89B
EBITDA (TTM) NXST : $1.52B KLAC : $5.71B

Returns By Period

In the year-to-date period, NXST achieves a -10.99% return, which is significantly lower than KLAC's 25.24% return. Over the past 10 years, NXST has underperformed KLAC with an annualized return of 17.65%, while KLAC has yielded a comparatively higher 37.80% annualized return.

NXST

• 1D: -0.85%
• 1M: -27.48%
• YTD: -10.99%
• 6M: -6.93%
• 1Y: 4.08%
• 3Y*: 5.25%
• 5Y*: 8.01%
• 10Y*: 17.65%

KLAC

• 1D: 3.22%
• 1M: -0.98%
• YTD: 25.24%
• 6M: 35.03%
• 1Y: 124.39%
• 3Y*: 57.59%
• 5Y*: 35.76%
• 10Y*: 37.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NXST vs. KLAC — Risk / Return Rank

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

NXST

NXST Risk / Return Rank: 42
NXST Sharpe Ratio Rank: 44
NXST Sortino Ratio Rank: 39
NXST Omega Ratio Rank: 38
NXST Calmar Ratio Rank: 44
NXST Martin Ratio Rank: 47

KLAC

KLAC Risk / Return Rank: 93
KLAC Sharpe Ratio Rank: 94
KLAC Sortino Ratio Rank: 89
KLAC Omega Ratio Rank: 91
KLAC Calmar Ratio Rank: 95
KLAC Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NXST vs. KLAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nexstar Media Group, Inc. (NXST) and KLA Corporation (KLAC). 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.

	NXST	KLAC	Difference
Sharpe ratio Return per unit of total volatility	0.11	2.53	-2.42
Sortino ratio Return per unit of downside risk	0.41	2.83	-2.42
Omega ratio Gain probability vs. loss probability	1.05	1.41	-0.36
Calmar ratio Return relative to maximum drawdown	0.13	5.59	-5.46
Martin ratio Return relative to average drawdown	0.48	17.82	-17.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NXST vs. KLAC - Sharpe Ratio Comparison

The current NXST Sharpe Ratio is 0.11, which is lower than the KLAC Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of NXST and KLAC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NXST	KLAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	2.53	-2.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.84	-0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.93	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.43	-0.20

Correlation

The correlation between NXST and KLAC is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NXST vs. KLAC - Dividend Comparison

NXST's dividend yield for the trailing twelve months is around 4.15%, more than KLAC's 0.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXST Nexstar Media Group, Inc.	4.15%	3.66%	4.28%	3.44%	2.06%	1.85%	2.05%	1.54%	1.91%	1.53%	1.52%	1.29%
KLAC KLA Corporation	0.50%	0.61%	0.96%	0.92%	1.25%	0.91%	1.35%	1.74%	3.17%	2.15%	2.67%	2.94%

Drawdowns

NXST vs. KLAC - Drawdown Comparison

The maximum NXST drawdown since its inception was -96.66%, which is greater than KLAC's maximum drawdown of -83.74%. Use the drawdown chart below to compare losses from any high point for NXST and KLAC.

Drawdown Indicators

	NXST	KLAC	Difference
Max Drawdown Largest peak-to-trough decline	-96.66%	-83.74%	-12.92%
Max Drawdown (1Y) Largest decline over 1 year	-29.31%	-22.41%	-6.90%
Max Drawdown (5Y) Largest decline over 5 years	-35.73%	-40.28%	+4.55%
Max Drawdown (10Y) Largest decline over 10 years	-64.56%	-40.28%	-24.28%
Current Drawdown Current decline from peak	-29.31%	-9.67%	-19.64%
Average Drawdown Average peak-to-trough decline	-30.35%	-29.46%	-0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.89%	7.03%	+0.86%

Volatility

NXST vs. KLAC - Volatility Comparison

Nexstar Media Group, Inc. (NXST) and KLA Corporation (KLAC) have volatilities of 15.98% and 16.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXST	KLAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.98%	16.05%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	26.29%	37.13%	-10.84%
Volatility (1Y) Calculated over the trailing 1-year period	36.19%	49.40%	-13.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.16%	42.59%	-8.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.73%	40.94%	-1.21%

Financials

NXST vs. KLAC - Profitability Comparison

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

NXST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nexstar Media Group, Inc. reported a gross profit of 0.00 and revenue of 1.29B. Therefore, the gross margin over that period was 0.0%.

KLAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, KLA Corporation reported a gross profit of 2.03B and revenue of 3.30B. Therefore, the gross margin over that period was 61.5%.

NXST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nexstar Media Group, Inc. reported an operating income of 242.00M and revenue of 1.29B, resulting in an operating margin of 18.8%.

KLAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, KLA Corporation reported an operating income of 1.36B and revenue of 3.30B, resulting in an operating margin of 41.3%.

NXST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nexstar Media Group, Inc. reported a net income of -166.00M and revenue of 1.29B, resulting in a net margin of -12.9%.

KLAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, KLA Corporation reported a net income of 1.15B and revenue of 3.30B, resulting in a net margin of 34.8%.