GTN vs FWONA vs DIS Stock Comparison

Gray Media, Liberty Media and Walt Disney Prices as of Nov 4, 2026 Peers: Industry group
GTN Gray Media, Inc
$4.97 +7.1% 1M +10.0% 1Y
Market cap
$572.98M
P/E
–
Revenue (TTM)
$3.15B
Div. yield
6.44%
Television Broadcasting Communication Services
3 wins
FWONA Liberty Media Corp
$91.03 +4.0% 1M -0.4% 1Y
Market cap
$20.42B
P/E
56.0x
Revenue (TTM)
$4.34B
Div. yield
–
Live Entertainment Communication Services
6 wins
DIS Walt Disney Co
$118.96 +14.8% 1M +6.7% 1Y
Market cap
$205.41B
P/E
24.0x
Revenue (TTM)
$98.86B
Div. yield
1.26%
Film and Television Communication Services
3 wins

Head to Head

12 decided of 12

Liberty Media leads on 6 of the 12 questions below (Liberty Media 6, Walt Disney 3, Gray Media 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGTNFWONADISLeader
Larger companyMarket capitalisation $572.98M $20.42B $205.41B DIS
Cheaper on earningsLower P/E, profitable companies only -8.4x 56.0x 24.0x DIS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 2.0x 49.2x 16.1x GTN
Faster revenue growthRevenue growth, trailing twelve months -11.3% +12.2% +4.6% FWONA
More profitableNet margin, trailing twelve months -1.8% 9.4% 8.7% FWONA
Better return on capitalReturn on invested capital 2.3% 2.9% -18.0% FWONA
Less leveragedLower net debt / EBITDA 7.2x 3.5x -1.2x DIS
Higher dividend yieldTrailing dividend yield 6.44% — 1.26% GTN
Better 1-year returnPrice return, last 12 months +10.0% -0.4% +6.7% GTN
Better 5-year returnAnnualised price return, 5 years -26.6%/yr +11.3%/yr -7.5%/yr FWONA
Less volatileAnnualised volatility, 1 year 62.5% 24.8% 27.6% FWONA
Higher overall scoreMean of the five percentile scores vs peers 50/100 67/100 54/100 FWONA

Percentile Scorecard

GTNFWONADIS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGTNFWONADIS
Valuation 87 #8 of 53 50 #7 of 13 39 #76 of 123
Growth 7 #41 of 44 80 #3 of 11 59 #45 of 109
Profitability 48 #23 of 43 70 #4 of 11 34 #71 of 107
Financial Health 32 #42 of 61 67 #5 of 13 64 #48 of 131
Shareholder Returns 76 #8 of 30 – 75 #20 of 77
Overall 50 67 54
  • GTN ranked among 61 companies in Advertising and Media
  • FWONA ranked among 13 companies in Live Venues
  • DIS ranked among 134 companies in Communication Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGTNFWONADISSPY
1 month +7.1%+4.0%+14.8% -1.0%
3 months +14.0%+3.1%+16.9% -0.4%
6 months -10.1%+11.5%+10.1% +4.5%
Year to date +2.7%+1.8%+4.6% +12.4%
1 year +10.0%-0.4%+6.7% +13.6%
3 years -36.0%+56.8%+39.8% +76.4%
3 years, per year -13.8%+16.2%+11.8% +20.8%
5 years -78.7%+70.4%-32.3% +63.7%
5 years, per year -26.6%+11.3%-7.5% +10.4%
10 years -38.6%+234.3%+28.7% +267.7%
10 years, per year -4.8%+12.8%+2.6% +13.9%

Risk

MeasureGTNFWONADISSPY
Volatility, 1Y 62.5%24.8%27.6% 12.8%
Downside volatility, 1Y 62.6%22.6%27.8% 12.7%
Beta vs S&P 500, 1Y 0.990.350.64 1.00
Return / volatility, 1Y 0.16-0.020.24 1.06
Max drawdown, 5Y -87.9%-25.7%-55.2% -25.4%
From 52-week high -19.8%-7.3%0.0% -1.6%
52-week high $6.20$98.18$118.96 $779.14
52-week low $3.58$74.51$92.42 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGTNFWONADIS
P/E now vs peer median -8.4xmedian 17.7x 56.0xmedian 56.0x 24.0xmedian 15.1x
P/S now vs peer median 0.2xmedian 0.5x 4.7xmedian 1.3x 2.1xmedian 1.0x
EV/EBITDA now vs peer median 7.9xmedian 10.4x 24.5xmedian 18.0x -7.0xmedian 9.8x
P/FCF now vs peer median 3.9xmedian 8.8x 24.8xmedian 20.4x 24.8xmedian 9.4x
P/B now vs peer median 0.3xmedian 1.7x 2.7xmedian 2.7x 1.8xmedian 1.7x
PEG now vs peer median 0.27median 0.42 -10.92median 0.32 0.41median 0.33

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGTNFWONADIS
Revenue $3.15B $4.34B $98.86B
Gross profit $820.00M $1.22B $43.29B
Operating income $435.00M $516.00M -$40.54B
Net income -$26.00M $407.00M $9.24B
Free cash flow $146.00M $823.00M $8.29B
EPS (diluted) $-0.58 $1.62 $4.93
Cash & equivalents $176.00M $1.47B $5.19B
Total debt $5.81B $4.92B $46.04B
Shares (diluted) 100.00M 252.00M 1.74B
Enterprise value -$412.02M $15.74B $189.98B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGTNFWONADIS
P/E -8.4x 56.0x 24.0x
P/FCF 3.9x 24.8x 24.8x
P/Operating cash flow 2.3x 21.5x 12.1x
P/S 0.2x 4.7x 2.1x
P/B 0.3x 2.7x 1.8x
P/Tangible book -0.2x 7.4x 1.9x
EV/EBITDA 7.9x 24.5x -7.0x
EV/EBIT 14.3x 46.3x -6.1x
EV/Revenue 2.0x 5.5x 2.5x
EV/FCF 42.5x 29.0x 29.7x
EV/Operating cash flow 24.8x 25.1x 14.5x
PEG (3Y EPS CAGR) 0.27 -10.92 0.41

Growth

14 metrics
MetricGTNFWONADIS
Revenue growth (1Y) -11.3% 12.2% 4.6%
Revenue CAGR (3Y) -4.3% 75.9% 4.0%
Gross profit growth (1Y) -28.8% 1,012% -6.5%
Gross profit CAGR (3Y) -13.5% 29.5% 14.6%
Operating income growth (1Y) -41.9% 49.1% -18.3%
Operating income CAGR (3Y) -18.2% 37.8% 7.7%
Net income growth (1Y) -113.0% 113.5% -26.4%
Net income CAGR (3Y) -28.0% -34.0% 46.3%
EPS growth (1Y) -138.0% 122.2% -22.9%
EPS CAGR (3Y) -31.1% -5.1% 58.8%
Operating cash flow growth (1Y) -69.8% 18.7% -11.3%
Operating cash flow CAGR (3Y) -36.1% 19.7% 30.8%
Free cash flow growth (1Y) -79.4% 15.6% -28.2%
Free cash flow CAGR (3Y) -32.2% 73.7% 42.8%

Profitability

14 metrics
MetricGTNFWONADIS
Gross margin 26.0% 28.2% 43.8%
EBITDA margin 24.9% 22.5% -35.4%
Operating margin 13.8% 11.9% -41.0%
Pretax margin -2.0% 14.3% 12.9%
Net margin -1.8% 9.4% 8.7%
FCF margin 4.6% 19.0% 8.4%
Operating cash flow margin 7.9% 21.9% 17.2%
Return on equity -1.2% 5.3% 8.0%
Return on assets -0.3% 2.6% 4.5%
Return on invested capital 2.3% 2.9% -18.0%
Return on capital employed 4.4% 3.6% -23.9%
Asset turnover 0.3x 0.3x 0.5x
Cash conversion (OCF / net income) -9.6x 2.3x 1.8x
Stock comp / revenue 0.7% 0.6% 1.5%

Financial Health

11 metrics
MetricGTNFWONADIS
Debt / assets 55.6% 31.0% 22.5%
Debt / equity 2.7x 0.6x 0.4x
Net debt / EBITDA 7.2x 3.5x -1.2x
Debt / FCF 39.8x 6.0x 5.6x
Liabilities / assets 79.6% 52.0% 42.9%
Equity / assets 20.4% 48.0% 57.1%
Interest coverage 0.9x 1.9x –
Current ratio 1.0x 1.3x 0.7x
Quick ratio 0.7x 1.1x 0.6x
Cash ratio 0.3x 0.9x 0.1x
Altman Z-score 0.64 2.58 1.62

Shareholder Returns

7 metrics
MetricGTNFWONADIS
Dividend yield 6.4% – 1.3%
Net buyback yield – – 4.0%
Shareholder yield 6.4% – 5.3%
Payout ratio (earnings) -130.8% – 18.6%
Payout ratio (FCF) 23.3% – 20.7%
Dividend growth (1Y) 6.3% – 109.9%
Dividend CAGR (3Y) 6.7% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGTNFWONADIS
Forward P/E 2.0xFY2026 49.2xFY2026 16.1xFY2026
EPS, next fiscal year $2.43FY2026 $1.85FY2026 $7.38FY2026
EPS growth, next FY – -16.3%FY2026 +24.5%FY2026
EPS growth, the year after -130.0% +14.6% -2.6%
Revenue, next fiscal year $3.39BFY2026 $4.97BFY2026 $95.51BFY2026
Revenue growth, next FY +9.5%FY2026 +10.9%FY2026 +1.2%FY2026
Revenue growth, the year after +0.3% -0.7% +14.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGTNFWONADIS
Held by institutions 80.6% 9.3% 75.9%
Institutions holding 177 302 2,948
Change in shares held, QoQ -2.7% +10.2% +1.8%
Institutions buying 73 154 1,215
Institutions selling 70 77 1,370
Buyers to sellers 1.04 2.00 0.89

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GTNFWONADIS
GTN 1.00 0.09 0.29
FWONA 0.09 1.00 0.32
DIS 0.29 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GTN, FWONA and DIS?

Walt Disney (DIS) is the largest by market capitalisation: Gray Media (GTN) $572.98M, Liberty Media (FWONA) $20.42B, Walt Disney (DIS) $205.41B.

Which stock is cheaper, GTN, FWONA and DIS?

Walt Disney (DIS) trades on the lowest price-to-earnings ratio (Gray Media (GTN) -8.4x, Liberty Media (FWONA) 56.0x, Walt Disney (DIS) 24.0x). On next year's consensus earnings, Gray Media (GTN) is cheapest (Gray Media (GTN) 2.0x, Liberty Media (FWONA) 49.2x, Walt Disney (DIS) 16.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Liberty Media (FWONA) grew revenue fastest over the trailing twelve months: Gray Media (GTN) -11.3%, Liberty Media (FWONA) +12.2%, Walt Disney (DIS) +4.6%.

Which company is more profitable?

Liberty Media (FWONA) has the highest net margin (Gray Media (GTN) -1.8%, Liberty Media (FWONA) 9.4%, Walt Disney (DIS) 8.7%). On return on invested capital, Liberty Media (FWONA) leads (Gray Media (GTN) 2.3%, Liberty Media (FWONA) 2.9%, Walt Disney (DIS) -18.0%).

Which stock has performed better?

Over the past year Gray Media (GTN) returned the most: Gray Media (GTN) +10.0%, Liberty Media (FWONA) -0.4%, Walt Disney (DIS) +6.7%. Over five years, Liberty Media (FWONA) compounded fastest (Gray Media (GTN) -26.6%/yr, Liberty Media (FWONA) +11.3%/yr, Walt Disney (DIS) -7.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Gray Media (GTN) has the highest dividend yield: Gray Media (GTN) 6.44%, Walt Disney (DIS) 1.26%. Liberty Media (FWONA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Liberty Media (FWONA) has been the steadiest (Gray Media (GTN) 62.5%, Liberty Media (FWONA) 24.8%, Walt Disney (DIS) 27.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GTN, FWONA and DIS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Liberty Media (FWONA) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.