Market cap
$506 Mln
Revenue (TTM)
$3,148 Mln
P/E Ratio
--
P/B Ratio
0.2
Div. Yield
6.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 9.24 | 8.68 | -11.30 | -4.33 | 4.83 |
| EBIT | 193.79 | 30.77 | -77.83 | -38.80 | -25.21 |
| Net Profit | 170.00 | 125.00 | -113.00 | -146.01 | -157.22 |
| EPS | 167.90 | 124.25 | -113.33 | -145.45 | -157.20 |
| Book Value | -- | -- | -3.38 | -1.29 | 2.71 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 16.46 | 18.40 | 5.59 | 11.66 | 26.81 |
| Net Margin
| -- | 8.07 | -0.83 | -- | -- |
| Return on equity
| 2.57 | 5.81 | -0.94 | -2.96 | 13.50 |
| Return on Capital
| 0.82 | 1.70 | -- | -0.99 | 4.29 |
| Return on Assets
| 0.68 | 1.42 | -0.24 | -0.81 | 3.54 |
| Debt to Equity (x)
| -- | -- | 2.13 | 2.07 | 1.94 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
--
|
-0.99
|
4.29
|
-0.84
|
4.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-0.94
Lower than Peers by 9.66
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-0.94
|
-2.96
|
13.50
|
-2.82
|
17.59
|
|
Peer Median
|
8.72
|
--
|
--
|
--
|
--
|
ROA
-0.24
Lower than Peers by 3.59
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-0.24
|
-0.81
|
3.54
|
-0.70
|
4.09
|
|
Peer Median
|
3.35
|
--
|
--
|
--
|
--
|
EBIT Margin
5.59
Lower than Peers by 11.06
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
5.59
|
11.66
|
26.81
|
10.91
|
27.18
|
|
Peer Median
|
16.65
|
--
|
--
|
--
|
--
|
Net Margin
-0.83
Lower than Peers by 11.05
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-0.83
|
-2.75
|
10.29
|
-2.32
|
12.39
|
|
Peer Median
|
10.23
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-11.30
Lower than Peers by 16.01
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-11.30
|
-0.15
|
0.11
|
-0.11
|
0.52
|
|
Peer Median
|
4.71
|
--
|
--
|
--
|
--
|
EBIT Growth
-77.83
Lower than Peers by 93.81
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-77.83
|
-63.05
|
172.91
|
-64.16
|
167.83
|
|
Peer Median
|
15.97
|
--
|
--
|
--
|
--
|
Net Profit Growth
-113.00
Lower than Peers by 125.21
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-113.00
|
-122.67
|
593.42
|
-116.70
|
405.56
|
|
Peer Median
|
12.21
|
--
|
--
|
--
|
--
|
EPS Growth
-113.33
Lower than Peers by 140.31
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-113.33
|
-1.23
|
5.68
|
-1.17
|
4.22
|
|
Peer Median
|
26.98
|
--
|
--
|
--
|
--
|
Book Value Growth
-6.53
Lower than Peers by 15.54
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
-6.53
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.02
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
2.13
Higher than Peers by 1.48
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
2.13
|
2.07
|
1.94
|
2.38
|
2.36
|
|
Peer Median
|
0.65
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.00
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
0.00
|
0.00
|
0.01
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.95
Higher than Peers by 0.04
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
0.95
|
1.27
|
1.03
|
1.18
|
2.10
|
|
Peer Median
|
0.91
|
--
|
--
|
--
|
--
|
Quick Ratio
0.94
Higher than Peers by 0.03
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
0.94
|
--
|
0.99
|
1.14
|
1.99
|
|
Peer Median
|
0.91
|
--
|
--
|
--
|
--
|
Interest Coverage
0.74
Lower than Peers by 2.42
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
0.74
|
0.76
|
2.01
|
0.81
|
2.82
|
|
Peer Median
|
3.16
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
6.16
Lower than Peers by 5.07
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
6.16
|
6.82
|
9.41
|
11.06
|
18.28
|
|
Peer Median
|
11.24
|
--
|
--
|
--
|
--
|
Asset Turnover
0.29
Lower than Peers by 0.06
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
0.29
|
0.30
|
0.34
|
0.30
|
0.33
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
--
|
32.69
|
35.38
|
57.61
|
65.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
--
|
59.70
|
2.66
|
4.67
|
11.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
--
|
384.57
|
7.46
|
5.98
|
9.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
--
|
-292.17
|
30.59
|
56.31
|
67.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
--
|
-5.52
|
0.82
|
-10.96
|
2.26
|
|
Peer Median
|
34.01
|
--
|
--
|
--
|
--
|
Price / Book Value
0.24
Lower than Peers by 1.96
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
0.24
|
0.17
|
0.11
|
0.32
|
0.37
|
|
Peer Median
|
2.20
|
--
|
--
|
--
|
--
|
Dividend Yield
6.40
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
6.40
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
10.17
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
10.17
|
9.89
|
4.71
|
10.12
|
5.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
506
Lower than Peers by 456
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gray Television (GTN)
|
506
|
--
|
--
|
--
|
--
|
|
Peer Median
|
962
|
--
|
--
|
--
|
--
|