Gray Television-A
GTN.A
5.22
-0.01
-0.19%
Gray Television-A
US · GTN.A
#3703 by market cap
5.22
-0.01
-0.19%
Live - 5344 symbols - heartbeat 327s ago
· 2026-10-07 20:02
After-hours
4.80
-7.99%
- Market cap
- 537.58M
- P/E (TTM)i
- -9.00
- P/Bi
- 0.25
- EPSi
- -1.41
- Div yieldi
- 6.13%
- 52W posi
- 5%
Reader sentiment
Are you bullish or bearish on GTN.A?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.65, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -15.07% YoY
Margins
- Gross margin
- 24.59%
- Operating margin
- 13.28%
- Net margin
- -4.43%
Key ratios & quality
- Enterprise valuei
- 5.92B
- Altman Z-Scorei
- 0.65
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.08B | 2.12B | 2.38B | 2.41B | 3.68B | 3.28B | 3.64B | 3.10B |
| Gross profit | 488.00M | 723.00M | 989.00M | 803.00M | 1.43B | 898.00M | 1.24B | 761.00M |
| Selling & admin expenses | 41.00M | 104.00M | 65.00M | 159.00M | 104.00M | 112.00M | 104.00M | 113.00M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 372.00M | 424.00M | 723.00M | 423.00M | 988.00M | 447.00M | 871.00M | 411.00M |
| Pretax profit | 288.00M | 255.00M | 544.00M | 168.00M | 614.00M | -82.00M | 492.00M | -113.00M |
| Tax | 77.00M | 76.00M | 134.00M | 78.00M | 159.00M | -6.00M | 117.00M | -28.00M |
| Net profit | 211.00M | 179.00M | 410.00M | 90.00M | 455.00M | -76.00M | 375.00M | -85.00M |
| Basic EPS | 2 | 1 | 4 | 0 | 4 | -1 | 3 | -1 |
| Diluted EPS | 2.37 | 1.27 | 3.69 | 0.40 | 4.33 | -1.39 | 3.36 | -1.41 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 782.00M | 772.00M | 749.00M | 792.00M | 768.00M | 839.00M |
| Gross profit | 185.00M | 189.00M | 185.00M | 202.00M | 185.00M | 248.00M |
| Selling & admin expenses | 32.00M | 25.00M | 28.00M | 28.00M | 39.00M | 37.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 90.00M | 104.00M | 101.00M | 116.00M | 81.00M | 156.00M |
| Pretax profit | -24.00M | -35.00M | -28.00M | -26.00M | -28.00M | 19.00M |
| Tax | -15.00M | 21.00M | -18.00M | -16.00M | -8.00M | 5.00M |
| Net profit | -9.00M | -56.00M | -10.00M | -10.00M | -20.00M | 14.00M |
| Basic EPS | 0 | -1 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.23 | -0.71 | -0.24 | -0.24 | -0.34 | 0.21 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 873.00M | 672.00M | 1.30B | 963.00M | 857.00M | 468.00M | 541.00M | 656.00M |
| Cash & ST investments | 667.00M | 212.00M | 773.00M | 189.00M | 61.00M | 21.00M | 135.00M | 368.00M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 4.21B | 6.97B | 7.64B | 11.11B | 11.15B | 10.64B | 10.54B | 10.44B |
| Total current liabilities | 150.00M | 246.00M | 255.00M | 384.00M | 409.00M | 395.00M | 527.00M | 516.00M |
| Short-term debt | -- | 6.00M | 7.00M | 24.00M | 25.00M | 26.00M | 30.00M | 12.00M |
| Long-term debt | 2.55B | 3.70B | 3.97B | 6.74B | 6.44B | 6.15B | 5.60B | 5.74B |
| Total liabilities | 3,026,000,000.00 | 4,858,000,000.00 | 5,240,000,000.00 | 8,701,000,000.00 | 8,386,000,000.00 | 8,019,000,000.00 | 7,609,000,000.00 | 7,635,000,000.00 |
| Total equity | 1.19B | 2.11B | 2.40B | 2.41B | 2.77B | 2.62B | 2.93B | 2.81B |
| Retained earnings | 372.00M | 504.00M | 862.00M | 869.00M | 1.24B | 1.08B | 1.38B | 1.21B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 483.00M | 478.00M | 485.00M | 656.00M | 523.00M | 492.00M |
| Cash & ST investments | -- | 199.00M | 182.00M | 368.00M | 259.00M | 176.00M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 10.44B | 10.35B | 10.32B | 10.44B | 10.32B | 10.44B |
| Total current liabilities | 533.00M | 549.00M | 519.00M | 516.00M | 437.00M | 517.00M |
| Short-term debt | -- | 20.00M | 12.00M | 12.00M | 10.00M | 11.00M |
| Long-term debt | -- | 5.58B | 5.61B | 5.74B | 5.75B | 5.81B |
| Total liabilities | 8,184,000,000.00 | 7,521,000,000.00 | 7,513,000,000.00 | 7,635,000,000.00 | 7,556,000,000.00 | 7,709,000,000.00 |
| Total equity | 2.25B | 2.83B | 2.81B | 2.81B | 2.76B | 2.73B |
| Retained earnings | 1.35B | 1.27B | 1.24B | 1.21B | 1.16B | 1.18B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 323.00M | 385.00M | 652.00M | 300.00M | 829.00M | 648.00M | 751.00M | 289.00M |
| Depreciation & amortization | 96.00M | 234.00M | 239.00M | 259.00M | 384.00M | 376.00M | 297.00M | 264.00M |
| Free cash flow | 253.00M | 275.00M | 542.00M | 93.00M | 393.00M | 300.00M | 608.00M | 181.00M |
| Dividends paid | 0 | -39.00M | -52.00M | -83.00M | -82.00M | -82.00M | -84.00M | -85.00M |
| Stock buybacks / issuance | -19.00M | -32.00M | -75.00M | -30.00M | -50.00M | -- | -- | -- |
| Ending cash balance | 1.42B | 212.00M | 773.00M | 189.00M | 61.00M | 21.00M | 135.00M | 368.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 132.00M | 31.00M | 14.00M | 112.00M | 1.00M | 123.00M |
| Depreciation & amortization | 69.00M | 66.00M | 63.00M | 66.00M | 71.00M | 62.00M |
| Free cash flow | 117.00M | 6.00M | -11.00M | 69.00M | -18.00M | 106.00M |
| Dividends paid | -21.00M | -21.00M | -21.00M | -22.00M | -22.00M | -22.00M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 210.00M | 199.00M | 182.00M | 368.00M | 259.00M | 176.00M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 19.34 | 9.58 | 22.26 | 2.17 | 20.81 | -6.26 | 15.19 | -6.17 |
| ROA %i | 5.64 | 2.27 | 4.90 | 0.41 | 3.62 | -1.17 | 3.05 | -1.31 |
| ROIC %i | 8.81 | 6.39 | 9.12 | 2.61 | 7.72 | 3.34 | 8.55 | 2.74 |
| 5-year avg ROE %i | 20.99 | 17.98 | 19.99 | 17.73 | 14.83 | 9.71 | 10.83 | 5.14 |
| EBIT margin %i | 36.37 | 22.71 | 30.87 | 15.46 | 26.33 | 10.91 | 26.81 | 11.66 |
| FCF / sales %i | 23.37 | 12.96 | 22.76 | 3.85 | 10.69 | 9.14 | 16.69 | 5.85 |
| Current ratioi | 5.82 | 2.73 | 5.11 | 2.51 | 2.10 | 1.18 | 1.03 | 1.27 |
| Quick ratioi | 5.67 | 2.53 | 4.78 | 2.17 | 1.79 | 0.97 | 0.91 | 1.12 |
| Debt / assetsi | 60.50 | 53.76 | 52.75 | 61.46 | 58.58 | 58.65 | 54.00 | 55.68 |
| LT debt / equityi | 214.74 | 255.60 | 229.61 | 387.19 | 307.56 | 315.27 | 248.05 | 269.19 |
| Interest coveragei | 3.70 | 2.12 | 3.85 | 1.82 | 2.73 | 0.81 | 2.01 | 0.76 |
| Revenue CAGR (3Y) %i | 21.97 | 37.71 | 39.19 | 30.57 | 20.10 | 11.28 | 14.73 | -5.57 |
| Net income CAGR (3Y) %i | 75.10 | 42.18 | 16.10 | -24.72 | 36.47 | -- | 60.91 | -- |
| FCF CAGR (3Y) %i | 45.29 | 18.21 | 55.19 | -28.37 | 12.64 | -17.89 | 86.99 | -22.77 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 16.47 | 6.99 | 1.96 | -6.17 | -10.54 | -2.69 |
| ROA %i | 2.13 | 1.41 | 0.40 | -1.31 | -1.43 | -0.56 |
| ROIC %i | 13.64 | 6.08 | 4.89 | 2.74 | 5.52 | 2.85 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 23.23 | 21.75 | 18.10 | 11.66 | 11.55 | 13.02 |
| FCF / sales %i | 19.18 | 19.95 | 13.14 | 5.85 | 1.49 | 4.64 |
| Current ratioi | 0.91 | 0.87 | 0.93 | 1.27 | 1.20 | 0.95 |
| Quick ratioi | -- | 0.77 | 0.76 | 1.12 | 1.00 | 0.72 |
| Debt / assetsi | 0.70 | 54.69 | 55.04 | 55.68 | 56.33 | 56.41 |
| LT debt / equityi | 9.06 | 258.69 | 262.70 | 269.19 | 274.63 | 276.13 |
| Interest coveragei | 1.72 | 1.59 | 1.27 | 0.76 | 0.75 | 0.87 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Broadcasting is the largest reported line at 96.22% of revenue, across 2 reported segments.
- The next-largest line, Production companies, is a distant second at 3.78% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Broadcasting96.22%
Production companies3.78%
Quote time 2026-10-07 20:02:33 · For reference only, not investment advice and not tailored to your situation.