GTN vs NMAX vs FOXA Stock Comparison

Gray Media, Newsmax and Fox Prices as of Oct 27, 2026 Peers: Industry group
GTN Gray Media, Inc
$4.30 -6.5% 1M -6.5% 1Y
Market cap
$495.74M
P/E
–
Revenue (TTM)
$3.15B
Div. yield
7.44%
Television Broadcasting Communication Services
2 wins
NMAX Newsmax Inc.
$7.96 -26.7% 1M -22.3% 1Y
Market cap
$1.02B
P/E
–
Revenue (TTM)
$198.07M
Div. yield
–
Television Broadcasting Communication Services
1 win
FOXA Fox Corp
$64.53 +2.3% 1M +5.3% 1Y
Market cap
$27.81B
P/E
16.5x
Revenue (TTM)
$17.13B
Div. yield
0.88%
Television Broadcasting Communication Services
8 wins

Head to Head

11 decided of 12

Fox leads on 8 of the 12 questions below (Fox 8, Gray Media 2, Newsmax 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGTNNMAXFOXALeader
Larger companyMarket capitalisation $495.74M $1.02B $27.81B FOXA
Cheaper on earningsLower P/E, profitable companies only -7.3x -12.9x 16.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 1.8x — 11.4x GTN
Faster revenue growthRevenue growth, trailing twelve months -11.3% +8.3% +5.1% NMAX
More profitableNet margin, trailing twelve months -1.8% -40.1% 9.8% FOXA
Better return on capitalReturn on invested capital 2.3% — 9.6% FOXA
Less leveragedLower net debt / EBITDA 7.2x — 0.9x FOXA
Higher dividend yieldTrailing dividend yield 7.44% — 0.88% GTN
Better 1-year returnPrice return, last 12 months -6.5% -22.3% +5.3% FOXA
Better 5-year returnAnnualised price return, 5 years -28.9%/yr — +9.6%/yr FOXA
Less volatileAnnualised volatility, 1 year 62.1% 77.7% 36.4% FOXA
Higher overall scoreMean of the five percentile scores vs peers 51/100 32/100 66/100 FOXA

Percentile Scorecard

GTNNMAXFOXA

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

AxisGTNNMAXFOXA
Valuation 87 #8 of 53 2 #52 of 53 52 #26 of 53
Growth 9 #40 of 44 51 #22 of 44 40 #27 of 44
Profitability 49 #22 of 42 12 #37 of 42 88 #6 of 42
Financial Health 32 #42 of 61 63 #23 of 61 82 #12 of 61
Shareholder Returns 80 #6 of 26 – 68 #9 of 26
Overall 51 32 66
  • GTN ranked among 61 companies in Advertising and Media
  • NMAX ranked among 61 companies in Advertising and Media
  • FOXA ranked among 61 companies in Advertising and Media

Price Performance

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

Returns

PeriodGTNNMAXFOXASPY
1 month -6.5%-26.7%+2.3% -0.2%
3 months +2.4%-0.1%+11.8% +3.9%
6 months -25.3%+32.7%+2.2% +8.2%
Year to date -11.2%+3.0%-11.7% +12.9%
1 year -6.5%-22.3%+5.3% +12.3%
3 years -29.2%—+119.2% +87.4%
3 years, per year -10.9%—+29.9% +23.3%
5 years -81.8%—+58.3% +67.9%
5 years, per year -28.9%—+9.6% +10.9%
10 years -51.1%—— +261.1%
10 years, per year -6.9%—— +13.7%

Risk

MeasureGTNNMAXFOXASPY
Volatility, 1Y 62.1%77.7%36.4% 12.7%
Downside volatility, 1Y 62.3%79.5%41.5% 12.7%
Beta vs S&P 500, 1Y 0.971.64-0.03 1.00
Return / volatility, 1Y -0.10-0.290.15 0.97
Max drawdown, 5Y -88.2%-97.8%-36.0% -25.4%
From 52-week high -30.6%-30.4%-15.2% -1.2%
52-week high $6.20$11.43$76.11 $779.14
52-week low $3.58$5.16$48.79 $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.

MultipleGTNNMAXFOXA
P/E now vs peer median -7.3xmedian 18.4x -12.9xmedian 18.4x 16.5xmedian 18.4x
P/S now vs peer median 0.2xmedian 0.6x 5.2xmedian 0.6x 1.6xmedian 0.6x
EV/EBITDA now vs peer median 7.8xmedian 10.5x -12.2xmedian 10.5x 11.2xmedian 10.5x
P/FCF now vs peer median 3.4xmedian 9.0x —median 9.0x 18.9xmedian 9.0x
P/B now vs peer median 0.2xmedian 1.5x 9.0xmedian 1.5x 2.4xmedian 1.5x
PEG now vs peer median 0.23median 0.44 —median 0.44 0.91median 0.44

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 monthsGTNNMAXFOXA
Revenue $3.15B $198.07M $17.13B
Gross profit $820.00M $78.29M –
Operating income $435.00M -$86.98M –
Net income -$26.00M -$79.40M $1.73B
Free cash flow $146.00M – $1.47B
EPS (diluted) $-0.58 $-0.61 $3.84
Cash & equivalents $176.00M $25.88M $4.21B
Total debt $5.81B – $6.61B
Shares (diluted) 100.00M 129.29M 439.00M
Enterprise value -$489.26M $928.58M $13.72B

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
MetricGTNNMAXFOXA
P/E -7.3x -12.9x 16.5x
P/FCF 3.4x – 18.9x
P/Operating cash flow 2.0x – 14.1x
P/S 0.2x 5.2x 1.6x
P/B 0.2x 9.0x 2.4x
P/Tangible book -0.1x 9.0x 3.1x
EV/EBITDA 7.8x -12.2x 11.2x
EV/EBIT 14.1x -11.5x 13.3x
EV/Revenue 1.9x 5.0x 1.8x
EV/FCF 42.0x – 20.6x
EV/Operating cash flow 24.5x – 15.3x
PEG (3Y EPS CAGR) 0.23 – 0.91

Growth

14 metrics
MetricGTNNMAXFOXA
Revenue growth (1Y) -11.3% 8.3% 5.1%
Revenue CAGR (3Y) -4.3% – 4.7%
Gross profit growth (1Y) -28.8% -4.1% –
Gross profit CAGR (3Y) -13.5% – –
Operating income growth (1Y) -41.9% 14.9% –
Operating income CAGR (3Y) -18.2% – –
Net income growth (1Y) -113.0% 27.2% -24.7%
Net income CAGR (3Y) -28.0% – 11.3%
EPS growth (1Y) -138.0% 27.7% -21.8%
EPS CAGR (3Y) -31.1% – 18.0%
Operating cash flow growth (1Y) -69.8% – -40.7%
Operating cash flow CAGR (3Y) -36.1% – 3.1%
Free cash flow growth (1Y) -79.4% – -51.0%
Free cash flow CAGR (3Y) -32.2% – 0.6%

Profitability

14 metrics
MetricGTNNMAXFOXA
Gross margin 26.0% 39.5% –
EBITDA margin 24.9% -41.2% 15.7%
Operating margin 13.8% -43.9% –
Pretax margin -2.0% -40.1% 13.3%
Net margin -1.8% -40.1% 9.8%
FCF margin 4.6% – 8.6%
Operating cash flow margin 7.9% – 11.5%
Return on equity -1.2% -72.4% 15.1%
Return on assets -0.3% -33.8% 7.8%
Return on invested capital 2.3% – 9.6%
Return on capital employed 4.4% -57.8% 11.7%
Asset turnover 0.3x 0.8x 0.8x
Cash conversion (OCF / net income) -9.6x – 1.1x
Stock comp / revenue 0.7% – 0.8%

Financial Health

11 metrics
MetricGTNNMAXFOXA
Debt / assets 55.6% – 29.4%
Debt / equity 2.7x – 0.6x
Net debt / EBITDA 7.2x – 0.9x
Debt / FCF 39.8x – 4.5x
Liabilities / assets 79.6% 50.9% 47.8%
Equity / assets 20.4% 49.1% 52.2%
Interest coverage 0.9x -4,632x –
Current ratio 1.0x 2.4x 3.2x
Quick ratio 0.7x 0.8x 2.9x
Cash ratio 0.3x 0.3x 1.6x
Altman Z-score 0.63 3.48 3.23

Shareholder Returns

7 metrics
MetricGTNNMAXFOXA
Dividend yield 7.4% – 0.9%
Net buyback yield – – 7.2%
Shareholder yield 7.4% – 8.1%
Payout ratio (earnings) -130.8% – –
Payout ratio (FCF) 23.3% – –
Dividend growth (1Y) 6.3% – –
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.

ConsensusGTNNMAXFOXA
Forward P/E 1.8xFY2026 – 11.4xFY2027
EPS, next fiscal year $2.43FY2026 $-0.01FY2026 $5.66FY2027
EPS growth, next FY – – +4.4%FY2027
EPS growth, the year after -130.0% – +9.2%
Revenue, next fiscal year $3.39BFY2026 $203.04MFY2026 $16.94BFY2027
Revenue growth, next FY +9.5%FY2026 +7.3%FY2026 -1.1%FY2027
Revenue growth, the year after +0.3% +24.6% -0.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGTNNMAXFOXA
Held by institutions 80.6% 28.5% 100.0%
Institutions holding 176 233 744
Change in shares held, QoQ -2.7% +13.5% +9.3%
Institutions buying 72 110 374
Institutions selling 70 37 273
Buyers to sellers 1.03 2.97 1.37

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.

GTNNMAXFOXA
GTN 1.00 0.32 0.34
NMAX 0.32 1.00 0.34
FOXA 0.34 0.34 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GTN, NMAX and FOXA?

Fox (FOXA) is the largest by market capitalisation: Gray Media (GTN) $495.74M, Newsmax (NMAX) $1.02B, Fox (FOXA) $27.81B.

Which company is growing faster?

Newsmax (NMAX) grew revenue fastest over the trailing twelve months: Gray Media (GTN) -11.3%, Newsmax (NMAX) +8.3%, Fox (FOXA) +5.1%.

Which company is more profitable?

Fox (FOXA) has the highest net margin (Gray Media (GTN) -1.8%, Newsmax (NMAX) -40.1%, Fox (FOXA) 9.8%). On return on invested capital, Fox (FOXA) leads (Gray Media (GTN) 2.3%, Fox (FOXA) 9.6%).

Which stock has performed better?

Over the past year Fox (FOXA) returned the most: Gray Media (GTN) -6.5%, Newsmax (NMAX) -22.3%, Fox (FOXA) +5.3%. Over five years, Fox (FOXA) compounded fastest (Gray Media (GTN) -28.9%/yr, Fox (FOXA) +9.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Gray Media (GTN) has the highest dividend yield: Gray Media (GTN) 7.44%, Fox (FOXA) 0.88%. Newsmax (NMAX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Fox (FOXA) has been the steadiest (Gray Media (GTN) 62.1%, Newsmax (NMAX) 77.7%, Fox (FOXA) 36.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GTN, NMAX and FOXA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Fox (FOXA) leads on 8. 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.