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Gray Media (GTN) Ratios
Gray Media Ratios
GTN's free cash flow for Q2 2026 was $106.00M. For the 2026 fiscal year, GTN's free cash flow was decreased by $-17.00M and operating cash flow was $123.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.27 | 1.03 | 1.18 | 2.10 | 2.51 |
| Quick Ratio | 1.27 | 1.03 | 1.18 | 2.10 | 2.51 |
| Cash Ratio | 0.71 | 0.26 | 0.05 | 0.15 | 0.49 |
| Solvency Ratio | 0.02 | 0.08 | 0.03 | 0.09 | 0.04 |
| Operating Cash Flow Ratio | 0.56 | 1.43 | 1.64 | 2.03 | 0.78 |
| Short-Term Operating Cash Flow Coverage | 144.50 | 37.55 | 43.20 | 55.27 | 20.00 |
| Net Current Asset Value | $ -6.98B | $ -7.07B | $ -7.55B | $ -7.53B | $ -7.74B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.56 | 0.54 | 0.59 | 0.59 | 0.61 |
| Debt-to-Equity Ratio | 2.07 | 1.94 | 2.38 | 2.36 | 2.84 |
| Debt-to-Capital Ratio | 0.67 | 0.66 | 0.70 | 0.70 | 0.74 |
| Long-Term Debt-to-Capital Ratio | 0.67 | 0.66 | 0.70 | 0.70 | 0.74 |
| Financial Leverage Ratio | 3.72 | 3.59 | 4.06 | 4.03 | 4.61 |
| Debt Service Coverage Ratio | 1.32 | 2.24 | 1.55 | 3.19 | 2.35 |
| Interest Coverage Ratio | 0.83 | 1.75 | 0.87 | 2.80 | 1.86 |
| Debt to Market Cap | 12.23 | 18.78 | 7.47 | 6.27 | 3.53 |
| Interest Debt Per Share | 64.81 | 65.03 | 72.61 | 74.86 | 74.02 |
| Net Debt to EBITDA | 9.11 | 4.46 | 8.92 | 4.85 | 11.18 |
| Profitability Margins | |||||
| Gross Profit Margin | 24.59% | 34.14% | 27.37% | 38.85% | 33.28% |
| EBIT Margin | 11.66% | 26.81% | 10.91% | 27.18% | 15.46% |
| EBITDA Margin | 19.32% | 34.19% | 21.24% | 36.32% | 24.62% |
| Operating Profit Margin | 12.67% | 23.35% | 11.67% | 26.93% | 15.79% |
| Pretax Profit Margin | -3.65% | 13.50% | -2.50% | 16.70% | 6.96% |
| Net Profit Margin | -2.75% | 10.29% | -2.32% | 12.38% | 3.73% |
| Continuous Operations Profit Margin | -2.75% | 10.29% | -2.32% | 12.38% | 3.73% |
| Net Income Per EBT | 75.22% | 76.22% | 92.68% | 74.10% | 53.57% |
| EBT Per EBIT | -28.83% | 57.81% | -21.41% | 62.02% | 44.09% |
| Return on Assets (ROA) | -0.81% | 3.56% | -0.71% | 4.08% | 0.81% |
| Return on Equity (ROE) | -3.03% | 12.79% | -2.90% | 16.45% | 3.74% |
| Return on Capital Employed (ROCE) | 3.95% | 8.50% | 3.74% | 9.22% | 3.55% |
| Return on Invested Capital (ROIC) | 2.97% | 6.46% | 3.46% | 6.81% | 1.90% |
| Return on Tangible Assets | -3.64% | 16.31% | -3.36% | 18.04% | 3.86% |
| Earnings Yield | -18.11% | 125.31% | -9.22% | 44.20% | 4.70% |
| Efficiency Ratios | |||||
| Receivables Turnover | 14.67 | 10.62 | 9.04 | 5.47 | 3.74 |
| Payables Turnover | 16.21 | 32.00 | 103.61 | 40.87 | 27.29 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 1.97 | 2.21 | 1.96 | 2.39 | 1.95 |
| Asset Turnover | 0.30 | 0.35 | 0.31 | 0.33 | 0.22 |
| Working Capital Turnover Ratio | 40.19 | 83.77 | 12.60 | 7.16 | 2.96 |
| Cash Conversion Cycle | 2.36 | 22.95 | 36.86 | 57.79 | 84.19 |
| Days of Sales Outstanding | 24.88 | 34.36 | 40.38 | 66.72 | 97.57 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 22.52 | 11.41 | 3.52 | 8.93 | 13.38 |
| Operating Cycle | 24.88 | 34.36 | 40.38 | 66.72 | 97.57 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.98 | 7.91 | 7.04 | 9.01 | 3.16 |
| Free Cash Flow Per Share | 1.87 | 6.40 | 3.26 | 4.27 | 0.98 |
| Dividend Paid and CapEx Coverage Ratio | 1.50 | 3.31 | 1.51 | 1.60 | 1.03 |
| Capital Expenditure Coverage Ratio | 2.68 | 5.25 | 1.86 | 1.90 | 1.45 |
| Operating Cash Flow Coverage Ratio | 0.05 | 0.13 | 0.10 | 0.13 | 0.04 |
| Operating Cash Flow to Sales Ratio | 0.09 | 0.21 | 0.20 | 0.23 | 0.12 |
| Free Cash Flow Yield | 38.55% | 203.17% | 36.39% | 38.17% | 4.86% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -5.50 | 0.93 | -10.85 | 2.26 | 21.28 |
| Price-to-Sales (P/S) Ratio | 0.15 | 0.08 | 0.25 | 0.28 | 0.79 |
| Price-to-Book (P/B) Ratio | 0.17 | 0.10 | 0.31 | 0.37 | 0.80 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 2.59 | 0.49 | 2.75 | 2.62 | 20.59 |
| Price-to-Operating Cash Flow Ratio | 1.62 | 0.40 | 1.27 | 1.24 | 6.38 |
| Price-to-Earnings Growth (PEG) Ratio | 0.04 | -0.00 | 0.08 | 0.00 | -0.24 |
| Enterprise Value Multiple | 9.89 | 4.70 | 10.11 | 5.62 | 14.40 |
| Enterprise Value | 5.91B | 5.86B | 7.04B | 7.50B | 8.55B |
| EV to EBITDA | 9.89 | 4.70 | 10.11 | 5.62 | 14.40 |
| EV to Sales | 1.91 | 1.61 | 2.15 | 2.04 | 3.54 |
| EV to Free Cash Flow | 32.68 | 9.63 | 23.48 | 19.09 | 91.97 |
| EV to Operating Cash Flow | 20.47 | 7.80 | 10.87 | 9.05 | 28.51 |
| Tangible Book Value Per Share | -54.67 | -55.89 | -62.58 | -63.74 | -67.05 |
| Shareholders’ Equity Per Share | 28.92 | 30.87 | 28.49 | 30.07 | 25.34 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.24 | 0.07 | 0.26 | 0.46 |
| Revenue Per Share | 31.91 | 38.36 | 35.66 | 39.96 | 25.40 |
| Net Income Per Share | -0.88 | 3.95 | -0.83 | 4.95 | 0.95 |
| Tax Burden | 0.75 | 0.76 | 0.93 | 0.74 | 0.54 |
| Interest Burden | -0.31 | 0.50 | -0.23 | 0.61 | 0.45 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | -3.40 | 2.00 | -8.53 | 1.82 | 3.33 |
Currency in USD
