WINA vs. NXST

Last updated Apr 1, 2026

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

Performance

WINA vs. NXST - Performance Comparison

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

WINA vs. NXST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WINA Winmark Corporation	5.82%	6.43%	-3.26%	82.56%	-2.78%	38.67%	-5.88%	25.38%	23.36%	2.93%
NXST Nexstar Media Group, Inc.	-10.23%	33.95%	5.04%	-7.52%	18.37%	40.95%	-4.42%	51.93%	2.65%	25.89%

Fundamentals

Market Cap WINA : $1.58B NXST : $5.48B
EPS WINA : $11.29 NXST : $3.56
PE Ratio WINA : 37.87 NXST : 50.73
PEG Ratio WINA : 19.47 NXST : 12.39K
PS Ratio WINA : 18.33 NXST : 1.12
Total Revenue (TTM) WINA : $86.06M NXST : $4.95B
Gross Profit (TTM) WINA : $82.95M NXST : $1.80B
EBITDA (TTM) WINA : $55.96M NXST : $1.52B

Returns By Period

In the year-to-date period, WINA achieves a 5.82% return, which is significantly higher than NXST's -10.23% return. Both investments have delivered pretty close results over the past 10 years, with WINA having a 17.85% annualized return and NXST not far behind at 17.75%.

WINA

• 1D: 1.22%
• 1M: -6.29%
• YTD: 5.82%
• 6M: -11.69%
• 1Y: 38.94%
• 3Y*: 13.45%
• 5Y*: 21.09%
• 10Y*: 17.85%

NXST

• 1D: -2.35%
• 1M: -27.96%
• YTD: -10.23%
• 6M: -6.93%
• 1Y: 4.70%
• 3Y*: 5.55%
• 5Y*: 8.20%
• 10Y*: 17.75%

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

Return for Risk

WINA vs. NXST — Risk / Return Rank

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

WINA

WINA Risk / Return Rank: 71
WINA Sharpe Ratio Rank: 77
WINA Sortino Ratio Rank: 69
WINA Omega Ratio Rank: 67
WINA Calmar Ratio Rank: 73
WINA Martin Ratio Rank: 69

NXST

NXST Risk / Return Rank: 46
NXST Sharpe Ratio Rank: 47
NXST Sortino Ratio Rank: 41
NXST Omega Ratio Rank: 41
NXST Calmar Ratio Rank: 47
NXST Martin Ratio Rank: 52

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.

WINA vs. NXST - Risk-Adjusted Trends Comparison

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

	WINA	NXST	Difference
Sharpe ratio Return per unit of total volatility	1.10	0.13	+0.97
Sortino ratio Return per unit of downside risk	1.52	0.43	+1.09
Omega ratio Gain probability vs. loss probability	1.20	1.06	+0.14
Calmar ratio Return relative to maximum drawdown	1.66	0.22	+1.44
Martin ratio Return relative to average drawdown	3.26	0.83	+2.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WINA vs. NXST - Sharpe Ratio Comparison

The current WINA Sharpe Ratio is 1.10, which is higher than the NXST Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of WINA and NXST, 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

	WINA	NXST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	0.13	+0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.24	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.45	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.23	+0.05

Correlation

The correlation between WINA and NXST is 0.18, 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

WINA vs. NXST - Dividend Comparison

WINA's dividend yield for the trailing twelve months is around 3.24%, less than NXST's 4.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WINA Winmark Corporation	3.24%	3.40%	2.80%	2.99%	2.35%	3.67%	0.43%	0.45%	0.35%	0.33%	0.29%	0.29%
NXST Nexstar Media Group, Inc.	4.11%	3.66%	4.28%	3.44%	2.06%	1.85%	2.05%	1.54%	1.91%	1.53%	1.52%	1.29%

Drawdowns

WINA vs. NXST - Drawdown Comparison

The maximum WINA drawdown since its inception was -85.47%, smaller than the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for WINA and NXST.

Drawdown Indicators

	WINA	NXST	Difference
Max Drawdown Largest peak-to-trough decline	-85.47%	-96.66%	+11.19%
Max Drawdown (1Y) Largest decline over 1 year	-24.17%	-28.71%	+4.54%
Max Drawdown (5Y) Largest decline over 5 years	-30.29%	-35.73%	+5.44%
Max Drawdown (10Y) Largest decline over 10 years	-45.45%	-64.56%	+19.11%
Current Drawdown Current decline from peak	-15.12%	-28.71%	+13.59%
Average Drawdown Average peak-to-trough decline	-24.70%	-30.35%	+5.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.34%	7.68%	+4.66%

Volatility

WINA vs. NXST - Volatility Comparison

The current volatility for Winmark Corporation (WINA) is 11.72%, while Nexstar Media Group, Inc. (NXST) has a volatility of 15.97%. This indicates that WINA experiences smaller price fluctuations and is considered to be less risky than NXST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WINA	NXST	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.72%	15.97%	-4.25%
Volatility (6M) Calculated over the trailing 6-month period	27.09%	26.28%	+0.81%
Volatility (1Y) Calculated over the trailing 1-year period	35.44%	36.21%	-0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.03%	34.17%	-3.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.56%	39.73%	-10.17%

Financials

WINA vs. NXST - Profitability Comparison

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

WINA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Winmark Corporation reported a gross profit of 20.30M and revenue of 21.09M. Therefore, the gross margin over that period was 96.3%.

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%.

WINA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Winmark Corporation reported an operating income of 13.01M and revenue of 21.09M, resulting in an operating margin of 61.7%.

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%.

WINA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Winmark Corporation reported a net income of 9.96M and revenue of 21.09M, resulting in a net margin of 47.2%.

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%.