GTNNYSETelevision Broadcasting StationsFiscal year ends December 31Also trades as GTN.A
GRAY MEDIA, INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$4.48+0.10 (+2.28%)
Close on Oct 19, 2026
- Market cap
- $448.00M
- P/E (TTM)
- –
- Dividend yield
- 7.14%
Gray Media statistics
Financials through Jun 30, 2026, price-based ratios appear once a share price is available, median of Television Broadcasting Stations companies for comparison
Income (trailing twelve months)
| Measure | Gray Media | Industry median |
|---|---|---|
| Revenue | $3.15B | $582.52M |
| Operating Income | $435.00M | $1.90M |
| Pretax Income | -$63.00M | -$1.18M |
| Net Income | -$26.00M | -$4.07M |
| EBITDA | $669.00M | $21.37M |
| EPS (Diluted) | -$0.60 | -$0.05 |
Margins
| Measure | Gray Media | Industry median |
|---|---|---|
| Operating Margin | 13.8% | 2.71% |
| Pretax Margin | -2.00% | 0.64% |
| Profit Margin | -0.83% | -1.54% |
| EBITDA Margin | 21.3% | 7.87% |
| FCF Margin | 4.64% | 2.92% |
Returns
| Measure | Gray Media | Industry median |
|---|---|---|
| Return on Equity (ROE) | -1.21% | -0.70% |
| Return on Assets (ROA) | -0.25% | -2.09% |
| Return on Invested Capital (ROIC) | 4.48% | 2.74% |
| Return on Capital Employed (ROCE) | 4.39% | 2.40% |
Growth
| Measure | Gray Media | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -11.3% | 2.02% |
| Net Income Growth (YoY) | -113.0% | -24.5% |
| EPS Growth (YoY) | -138.7% | -9.67% |
| FCF Growth (YoY) | -79.4% | -17.1% |
| Revenue Growth (3Y CAGR) | -5.57% | 0.67% |
| Revenue Growth (5Y CAGR) | 5.39% | 2.97% |
Balance sheet
| Measure | Gray Media | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $176.00M | $73.26M |
| Total Debt | $5.81B | $1.43B |
| Net Cash (Debt) | -$5.63B | -$6.08M |
| Net Cash Per Share | -$54.69 | -$0.09 |
| Equity (Book Value) | $2.13B | $116.94M |
| Book Value Per Share | $20.66 | $2.52 |
| Tangible Book Value | -$674.00M | $2.35M |
| Working Capital | -$25.00M | $13.41M |
Financial position
| Measure | Gray Media | Industry median |
|---|---|---|
| Current Ratio | 0.95 | 1.27 |
| Quick Ratio | 0.71 | 0.83 |
| Debt / Equity | 2.73 | 0.98 |
| Debt / EBITDA | 8.68 | 4.53 |
| Debt / FCF | 39.78 | 8.72 |
| Net Debt / EBITDA | 8.42 | 3.89 |
| Interest Coverage | 0.92 | 0.18 |
Cash flow (trailing twelve months)
| Measure | Gray Media | Industry median |
|---|---|---|
| Operating Cash Flow | $250.00M | $24.13M |
| Capital Expenditures | -$104.00M | -$79.39M |
| Free Cash Flow | $146.00M | $25.41M |
| FCF Per Share | $1.42 | $0.54 |
Efficiency
| Measure | Gray Media | Industry median |
|---|---|---|
| Asset Turnover | 0.30 | 0.46 |
| Revenue Per Employee | $343.48K | $495.27K |
| Profits Per Employee | -$2.84K | -$4.20K |
| Employee Count | 9,165 | 680 |
Dividends and yields
| Measure | Gray Media | Industry median |
|---|---|---|
| Dividend Per Share | $0.32 | $0.80 |
| Dividend Growth (YoY) | 0.00% | 0.00% |
| Years of Dividend Growth | 0 | 0 |
| FCF Payout Ratio | 23.3% | 30.4% |
Shares
| Measure | Gray Media | Industry median |
|---|---|---|
| Shares Outstanding | 102,984,000 | 73,310,500 |
| Shares Change (YoY) | 2.07% | 2.52% |
| Float | 85,508,500 | 47,358,150 |
| Shares Held by Insiders | 17.0% | 15.8% |
| Shares Held by Institutions | 73.2% | 61.7% |
Taxes
| Measure | Gray Media | Industry median |
|---|---|---|
| Income Tax | -$37.00M | $1.77M |
Scores
| Measure | Gray Media | Industry median |
|---|---|---|
| Piotroski F-Score | 3 | 5 |
Calculated by StockData from Gray Media's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.