Gray Media, Inc. logo GTN - Gray Media, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $7.00 DETAILS
HIGH: $7.00
LOW: $7.00
MEDIAN: $7.00
CONSENSUS: $7.00
UPSIDE: 71.99%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 3,095 3,644 3,281 3,676 2,413 2,381 2,122 1,084.1 882.7 812.5 597.4 508.1 346.3 404.8 307.1 346.1 270.4 327.2 307.3 332.1 261.6 346.6 295.4 198.6 156.3 171.2 144 128.9 103.5 79.3 58.6 36.5 13.1
Cost of Revenue 104 2,400 2,383 2,248 1,610 1,392 1,399 596.4 557.1 475.1 374.2 286.0 217.4 212.3 194.2 196.4 187.6 199.6 199.7 191.5 161.9 197.0 183.3 119.4 104.0 105.3 87.6 77.4 61.3 48.3 41.5 24.9 8.9
Gross Profit 2,991 1,244 898 1,428 803 989 723 487.7 325.6 337.3 223.2 222.1 128.9 192.5 112.9 149.7 82.8 127.6 107.6 140.6 99.6 149.6 112.1 79.3 52.3 65.9 56.4 51.5 42.2 31 17.1 11.6 4.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 104 112 102 88 65 104 40.9 31.5 40.3 34.3 29.2 19.8 15.9 14.2 13.5 14.2 14.1 15.1 15.1 11.5 11.7 8.5 5.6 3.6 3.6 3.5 3.1 2.5 3.2 2.3 1.9 0.9
Other Expenses 2,599 289 403 336 334 172 195 5.5 0.2 0.8 0.1 0.0 24.4 0.0 26.3 31.1 33.2 35.4 39.1 37.5 27.3 24.7 28.9 17.7 30.8 31.2 31 23.5 19.1 10.9 5.6 3.4 1.1
Operating Expenses 2,599 393 515 438 422 237 299 115.4 108.6 102.9 83.0 67.7 44.2 39.1 40.5 42.7 47.3 725.2 54.2 52.6 38.8 36.4 37.3 23.3 34.4 34.8 34.5 26.6 21.6 14.1 7.9 5.3 2
Operating Income
Operating Income 392 851 383 990 381 752 478 388.8 291.2 234.1 140.1 153.8 83.9 153.4 75.3 107.0 43.1 (258.9) 53.4 88.0 60.9 113.2 74.8 55.9 17.9 31.1 21.9 24.9 20.6 16.9 9.2 6.3 2.2
Interest Expense 474 485 440 354 205 191 227 106.6 95.3 97.2 74.4 68.9 52.4 59.4 61.8 70.0 69.1 54.1 67.2 66.8 46.5 42.0 43.3 35.7 35.8 40.0 30.2 25.5 21.8 11.7 5.4 1.9 0.4
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 598 1,246 697 1,335 594 936 677 468.7 365.6 265.4 188.9 199.1 109.1 130.0 101.7 150.0 83.1 (167.5) 70.9 124.8 101.7 138.5 103.3 55.9 55.8 69.1 52.9 48.4 39.7 27.8 14.8 9.7 3.3
EBIT 361 977 358 999 373 735 482 394.3 288.5 202.9 140.2 160.6 84.6 106.8 75.4 118.9 34.8 (258.9) 31.5 88.3 60.9 100.4 62.5 55.9 17.9 31.1 21.9 24.9 20.6 16.9 9.2 6.3 2.2
Income Before Tax (113) 492 (82) 614 168 544 255 287.6 193.3 105.7 65.7 79.8 31.4 47.3 13.6 36.6 (34.3) (313.0) (35.7) 21.5 8.3 72.2 31.4 21.4 (19.3) (8.1) (8.6) 69.8 (1.2) 10.1 1.5 4.6 1.8
Income Tax Expense (28) 117 (6) 159 78 134 76 76.8 (68.7) 43.4 26.4 31.7 13.1 19.2 4.5 13.4 (11.3) (111.0) (12.5) 9.8 3.7 28.0 17.3 7.8 (6.0) (1.9) (2.3) 28.1 0.2 4.4 0.6 1.8 0.7
Net Income (85) 375 (76) 455 90 410 179 210.8 262.0 62.3 39.3 48.1 18.3 28.1 9.0 23.2 (23.0) (202.0) (23.2) 11.7 3.4 44.3 14.0 (27.9) (13.3) (6.2) (6.3) 41.7 (1.4) 2.5 0.9 2.8 1.1
Per Share Data
EPS (Basic) -0.88 3.40 -1.39 4.38 0.40 3.73 1.28 2.39 3.59 0.87 0.58 0.83 0.32 0.42 0.03 0.16 -0.48 -4.18 -0.48 0.17 -0.05 0.83 0.21 -1.26 -0.85 -0.40 -0.49 3.38 -0.12 0.26 0.14 0.39 0.17
EPS (Diluted) -0.88 3.36 -1.39 4.33 0.40 3.69 1.27 2.37 3.55 0.86 0.57 0.82 0.32 0.42 0.03 0.16 -0.48 -4.18 -0.48 0.17 -0.05 0.82 0.21 -1.25 -0.85 -0.40 -0.49 3.25 -0.12 0.25 0.14 0.39 0.17
Shares Outstanding 97 95 92 92 95 96 99 88.1 73.1 71.8 68.3 57.9 57.6 57.2 57.1 54.3 48.5 48.3 47.8 48.4 48.6 49.6 50.1 22.1 15.6 15.5 12.8 11.9 11.9 8 6.4 7.2 6.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 368 135 21 61 189 773 212 667.0 462.4 325.2 16 30.6 50.6 11.9 12.9 0.6 2.2 1.8 1.9 2.4 1.1 0.6 0.6 0.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 1.4 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 211 343 363 672 645 446 411 184 171.2 146.8 57.2 54.7 52.4 55.2 54.8 29.7 30.3 30.3 22.9 19.5 17.4 9.6 8.4 3.7
Inventory 0 0 0 0 0 0 0 7.3 14.7 13.7 3.4 5.0 1.1 1.5 1.2 0.8 1.5 1.1 1.2 0.8 0.6 0.5 0.4 0.2
Other Current Assets 42 38 66 81 89 85 25 15 28.4 28.4 11.8 11.9 18.0 9.4 10.0 173.7 5.6 6.4 5.6 6 4.4 2.7 1.4 2.3
Total Current Assets 656 541 468 857 963 1,304 672 872.7 666.8 536.3 86.8 101.8 119.9 78.0 78.9 204.7 39.6 39.6 31.6 28.7 23.5 13.4 10.8 6.5
Non-Current Assets
Property, Plant & Equipment 1,575 1,646 1,676 1,541 1,235 794 775 363.1 350.7 326.1 148.1 162.9 142.2 134.0 128.2 63.4 72.6 80.4 51.8 42.1 35.8 17 16 8
Goodwill 2,642 2,642 2,643 2,663 2,649 1,460 1,446 612.4 611.1 485.3 170.5 170.5 0 0 173.3 72.0 0 0 0 0 0 0 0 0
Intangible Assets 5,466 5,601 5,735 5,967 6,128 3,974 4,033 1,582.8 1,604.5 1,396.6 820.3 820.9 1,083.4 157.7 887.5 425.3 511.6 526.4 376 263.4 228.7 42 38.5 2.5
Long-Term Investments 37 66 85 105 117 72 17 16.6 16.6 16.6 13.6 13.6 (243.0) (217.7) (174.8) 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 64 46 33 19 16 39 29 743.2 (17.5) (351.4) 4.8 (135.4) 27.9 955.7 28.8 28.9 13.0 11.8 9.6 10.9 10.7 5.8 3.5 4.4
Total Non-Current Assets 9,784 10,001 10,172 10,295 10,145 6,339 6,300 3,340.7 2,594.1 2,247.0 1,159.0 1,176.5 1,253.6 1,247.3 1,217.9 589.6 597.2 618.6 437.4 316.4 275.2 64.8 58 14.9
Total Assets 10,440 10,542 10,640 11,152 11,108 7,643 6,972 4,213.4 3,260.9 2,783.3 1,245.7 1,278.3 1,373.5 1,325.3 1,296.7 794.3 636.8 658.2 469 345.1 298.7 78.2 68.8 21.4
Current Liabilities
Account Payables 144 75 23 55 59 10 11 8.4 7.8 5.3 6.0 11.5 3.3 8.1 6.0 7.6 4.5 4.3 2.5 3.3 6 3.8 2.1 1.5
Short-Term Debt 2 20 15 15 15 0 0 0 6.4 0 8.1 8.1 3.8 9.1 10.4 155.3 3.8 4.2 3.5 0.4 0.1 2.9 1.3 1.1
Deferred Revenue 20 29 23 24 14 22 9 3.7 4.0 4.7 6.2 10.4 2.4 3.0 3.8 2.8 0 0 0 0 0 0 0 0
Other Current Liabilities 121 129 130 127 134 78 95 89.2 74.1 75.2 40.8 38.2 33.1 16.1 21.5 11.2 18.2 20.7 15.4 14.9 17.8 7 6.3 1.4
Total Current Liabilities 516 527 395 409 384 255 246 150.4 131.3 119.4 75.1 82.2 53.9 44.7 46.1 186.4 26.4 29.2 21.4 18.6 23.9 13.7 9.7 4
Non-Current Liabilities
Long-Term Debt 5,742 5,601 6,145 6,440 6,740 3,974 3,697 2,549.2 1,831.0 1,756.7 783.7 792.3 652.1 656.8 658.5 396.2 374.7 381.4 270.2 226.7 173.2 51.5 51.6 7.3
Deferred Tax Liabilities 1,300 1,347 1,359 1,454 1,471 885 810 284.9 261.7 373.8 142.2 144.0 243.0 217.7 174.8 66.8 72.9 75.4 44.1 1.2 0 0 0 0
Other Non-Current Liabilities 18 72 51 15 43 75 60 326.6 305.6 414.3 148.5 139.4 251.3 4.1 8.8 2.8 6.8 4 6.6 6.3 6.4 4 2.5 3
Total Non-Current Liabilities 7,119 7,082 7,624 7,977 8,317 4,985 4,612 2,875.9 2,136.7 2,171.1 1,077.0 1,079.0 941.3 917.8 881.2 465.8 454.4 460.8 320.9 234.2 179.6 55.5 54.1 10.3
Total Liabilities 7,635 7,609 8,019 8,386 8,701 5,240 4,858 3,026.3 2,268.0 2,290.5 1,152.1 1,161.2 995.2 962.6 927.3 652.1 480.8 490 342.3 252.8 203.5 69.2 63.8 14.3
Stockholders' Equity
Common Stock 1,277 1,255 1,224 1,195 1,166 1,144 1,124 933.8 927.2 679.9 453.8 452.3 413.2 407.7 405.9 137.8 127.2 127.1 0 0 0 0 0 0
Retained Earnings 1,205 1,375 1,084 1,242 869 862 504 372.5 161.7 (101.4) (303.7) (263.5) 11.7 (17.5) (28.2) 8.1 28.8 37.4 45.7 6.6 10.5 8.8 8.2 5.8
Accumulated Other Comprehensive Income (4) (30) (23) (12) (27) (39) (31) (21.4) (22.2) (17.6) (9.3) (24.5) (2.5) (1.5) (86.1) (71.4) (55.7) (39.4) (28.5) (23.6) (18.2) (20.6) (18) 0
Total Stockholders' Equity 2,805 2,933 2,621 2,766 2,407 2,403 2,114 1,187.2 992.9 492.9 93.6 117.1 378.2 362.8 369.4 142.2 156.0 168.2 126.7 92.3 95.2 9 5 7.1
Total Liabilities & Equity 10,440 10,542 10,640 11,152 11,108 7,643 6,972 4,213.4 3,260.9 2,783.3 1,245.7 1,278.3 1,373.5 1,325.3 1,296.7 794.3 636.8 658.2 469 345.1 298.7 78.2 68.8 21.4
Debt Metrics
Total Debt 5,813 5,693 6,240 6,533 6,827 4,032 3,748 2,549.2 1,837.4 1,756.7 791.8 800.4 655.9 665.9 668.8 551.4 378.5 385.6 273.7 227.1 173.3 54.4 52.9 8.4
Net Debt 5,445 5,558 6,219 6,472 6,638 3,259 3,536 1,882.2 1,375.0 1,431.6 775.8 769.7 605.3 653.9 655.9 550.9 376.3 383.8 271.8 224.7 172.2 53.8 52.3 8.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income (85) 375 (76) 455 90 410 179 210.8 262.0 62.3 3.4 44.3 14.0 (27.9) (13.3) (6.2) (6.3) 41.7 (1.4) 5.7 0.9 2.8 1.1
Depreciation & Amortization 237 297 376 384 259 239 234 95.9 98.1 81.5 40.8 38.1 40.7 24.0 37.9 38.1 31 23.5 19.1 10.9 5.6 3.4 1.1
Stock-Based Compensation 22 22 30 31 22 22 20 6.7 8.3 5.1 2.4 3.1 0.6 3.4 0 0 0 0 0 0 0 0 0
Change in Working Capital 91 180 325 (3) (50) (61) (24) 24.1 (19.3) 0.5 (1.1) 3.7 (1.4) (4.4) 5.1 (1.1) 3.4 2.4 (5.9) 5.1 (0.4) 0.8 (1.6)
Other Non-Cash Items 80 (114) 84 (18) 1 (33) (79) (37.1) (91.7) 15.8 (0.7) (11.9) (7.8) 30.8 (3.1) (5.6) 0.1 (74.3) (0.1) (9.6) 0.1 (0.5) (0.3)
Operating Cash Flow 289 751 648 829 300 652 385 323.3 180.0 206.6 50.5 102.7 62.3 27.2 20.5 22.8 20.8 20.1 9.7 12.1 7.6 7 0.9
Investing Activities
Capital Expenditure (108) (143) (348) (436) (207) (110) (110) (70.0) (34.5) (43.6) (37.2) (36.3) (22.3) (15.0) (11.2) (5.7) (126.4) (131.8) (10.4) (3.4) (3.3) (1.8) (1)
Acquisitions 0 13 (14) (74) (3,341) (139) (2,584) 7.9 (406.3) (438.7) (208.2) (1.0) (0.8) (554.2) (9.8) 0 0 0 0 0 0 0 0
Purchases of Investments 0 (7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 19 110 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0
Other Investing Activities 26 (1) 71 7 14 38 38 14.7 91.0 3.0 (0.5) (0.2) (9.9) 168.2 (168.8) (2.6) (0.4) 76.5 (47.1) (211) (5.6) (40.9) 1.5
Investing Cash Flow (63) (28) (291) (503) (3,534) (211) (2,656) (47.4) (349.8) (479.3) (245.9) (37.6) (33.0) (400.9) (189.8) (8.3) (126.8) (55.3) (57.5) (214.4) (8.9) (42.6) 0.5
Financing Activities
Net Debt Issuance 97.0 (474) (310) (315) 2,800 275 1,189 710 79 528.5 129.3 (0.1) (2.5) 102.1 176.6 (6.8) 111 43.5 52.7 129.1 1.2 44.1 (1)
Stock Repurchased 0 (4) 0 (50) (30) (75) (32) (19.6) (4) (2) (7.0) (22.8) (22.5) (0.0) 0 (5.1) (0.3) (8.2) (3.5) (2.7) 0 (6.6) 0
Dividends Paid (85) (84) (82) (82) (83) (52) (39) 0 0 0 (14.9) (9.2) (7.2) (4.4) (1.9) (2.1) (2.3) (1.6) (1.4) (0.4) (0.3) (0.3) (0.2)
Other Financing Activities (5.0) (47) (5) (7) (37) (28) (15) (9.8) (7.0) (29.4) 44.4 (0.8) (1.2) (9.5) (7.7) (0.1) (2.6) (1) (0.5) 0.1 (0.1) (1.4) (0.5)
Financing Cash Flow 7 (609) (397) (454) 2,650 120 1,064 680.6 307.0 500.6 154.2 (26.6) (30.3) 386.1 167.7 (14.1) 105.8 34.7 49.1 202.9 1.3 35.8 (1.7)
Cash Position
Net Change in Cash 233 114 (40) (128) (584) 561 (1,207) 956.5 137.2 227.9 (41.3) 38.6 (1.0) 12.4 (1.7) 0.4 (0.1) (0.5) 1.3 0.6 0 0.2 (0.3)
Cash at Beginning 135 21 61 189 773 212 1,419 462.4 325.2 97.3 50.6 11.9 12.9 0.6 2.2 1.8 1.9 2.4 1.1 0.6 0.6 0.3 0.6
Cash at End 368 135 21 61 189 773 212 1,418.9 462.4 325.2 9.3 50.6 11.9 12.9 0.6 2.2 1.8 1.9 2.4 1.2 0.6 0.5 0.3
Free Cash Flow 181 608 300 393 93 542 275 253.3 145.5 163.0 13.3 66.4 40.0 12.2 9.2 17.1 (105.6) (111.7) (0.7) 8.7 4.3 5.2 (0.1)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 3,095 3,644 3,281 3,676 2,413 2,381 2,122 1,084.1 882.7 812.5 597.4 508.1 346.3 404.8 307.1 346.1 270.4 327.2 307.3 332.1 261.6 346.6 295.4 198.6 156.3 171.2 144 128.9 103.5 79.3 58.6 36.5 13.1
Gross Profit 2,991 1,244 898 1,428 803 989 723 487.7 325.6 337.3 223.2 222.1 128.9 192.5 112.9 149.7 82.8 127.6 107.6 140.6 99.6 149.6 112.1 79.3 52.3 65.9 56.4 51.5 42.2 31 17.1 11.6 4.2
Operating Income 392 851 383 990 381 752 478 388.8 291.2 234.1 140.1 153.8 83.9 153.4 75.3 107.0 43.1 (258.9) 53.4 88.0 60.9 113.2 74.8 55.9 17.9 31.1 21.9 24.9 20.6 16.9 9.2 6.3 2.2
Net Income (85) 375 (76) 455 90 410 179 210.8 262.0 62.3 39.3 48.1 18.3 28.1 9.0 23.2 (23.0) (202.0) (23.2) 11.7 3.4 44.3 14.0 (27.9) (13.3) (6.2) (6.3) 41.7 (1.4) 2.5 0.9 2.8 1.1
EPS (Diluted) -0.88 3.36 -1.39 4.33 0.40 3.69 1.27 2.37 3.55 0.86 0.57 0.82 0.32 0.42 0.03 0.16 -0.48 -4.18 -0.48 0.17 -0.05 0.82 0.21 -1.25 -0.85 -0.40 -0.49 3.25 -0.12 0.25 0.14 0.39 0.17
Balance Sheet
Cash & Equivalents 368 135 21 61 189 773 212 667.0 462.4 325.2 16 30.6 50.6 11.9 12.9 0.6 2.2 1.8 1.9 2.4 1.1 0.6 0.6 0.3
Total Assets 10,440 10,542 10,640 11,152 11,108 7,643 6,972 4,213.4 3,260.9 2,783.3 1,245.7 1,278.3 1,373.5 1,325.3 1,296.7 794.3 636.8 658.2 469 345.1 298.7 78.2 68.8 21.4
Total Debt 5,813 5,693 6,240 6,533 6,827 4,032 3,748 2,549.2 1,837.4 1,756.7 791.8 800.4 655.9 665.9 668.8 551.4 378.5 385.6 273.7 227.1 173.3 54.4 52.9 8.4
Stockholders' Equity 2,805 2,933 2,621 2,766 2,407 2,403 2,114 1,187.2 992.9 492.9 93.6 117.1 378.2 362.8 369.4 142.2 156.0 168.2 126.7 92.3 95.2 9 5 7.1
Cash Flow
Operating Cash Flow 289 751 648 829 300 652 385 323.3 180.0 206.6 50.5 102.7 62.3 27.2 20.5 22.8 20.8 20.1 9.7 12.1 7.6 7 0.9
Capital Expenditure (108) (143) (348) (436) (207) (110) (110) (70.0) (34.5) (43.6) (37.2) (36.3) (22.3) (15.0) (11.2) (5.7) (126.4) (131.8) (10.4) (3.4) (3.3) (1.8) (1)
Free Cash Flow 181 608 300 393 93 542 275 253.3 145.5 163.0 13.3 66.4 40.0 12.2 9.2 17.1 (105.6) (111.7) (0.7) 8.7 4.3 5.2 (0.1)