Gray Media (GTN-A) EBITDA Margin (2010 - 2026)

Gray Media (GTN-A) reported EBITDA Margin of 14.84% for Q1 2026, down 127.0% year-over-year from 54.98% in Q1 2025, and down 21.62% quarter-over-quarter from 18.94% in Q4 2025.

Gray Media (GTN-A) EBITDA Margin (2010 - 2026) Analysis & Trends

Gray Media (GTN-A) has 17 years of EBITDA Margin data on file, last reported at 14.84% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 14.84%, down 127.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.65% (down 1002.0% YoY), and the FY2025 annual result was 16.96%, down 1034.0% from the prior year.
  • EBITDA Margin eased to 14.84% in Q1 2026 per GTN-A's latest filing, from 18.94% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 36.94% in Q4 2022 and troughed at 28.7% in Q4 2023.
  • A 5-year average of 19.26% and a median of 18.94% in 2023 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin jumped 6648 bps in 2022, then plunged 6564 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 36.94% in 2022, then sank by 178 bps to 28.7% in 2023, then jumped by 220 bps to 34.55% in 2024, then tumbled by 45 bps to 18.94% in 2025, then dropped by 22 bps to 14.84% in 2026.
  • Business Quant data shows GTN-A's EBITDA Margin at 14.84% in Q1 2026, 18.94% in Q4 2025, and 18.02% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Nexstar Media 5.44 Bn 5.04 Bn -505.00 Mn 22.64%
2 FuboTV 3.41 Bn 5.34 Bn 348.72 Mn -49.07%
3 Newsmax 996.58 Mn 956.14 Mn 21.36 Mn -72.04%
4 iHeartMedia 598.23 Mn 466.54 Mn 509.13 Mn -10.80%
5 Gray Media 394.79 Mn 135.79 Mn 213.00 Mn 14.84%
6 E.W. Scripps 304.31 Mn 220.58 Mn 206.07 Mn 7.36%
7 CuriosityStream 163.77 Mn 154.55 Mn 11.62 Mn -17.57%
8 Mediaco Holding 58.80 Mn 58.80 Mn -3.44 Mn -23.99%
9 Saga Communications 54.09 Mn 23.65 Mn 17.72 Mn -14.27%
10 Gray Media - - 213.00 Mn 14.84%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.84%
Dec 31, 2025 18.94%
Sep 30, 2025 18.02%
Jun 30, 2025 14.77%
Mar 31, 2025 16.11%
Dec 31, 2024 34.55%
Sep 30, 2024 30.11%
Jun 30, 2024 22.76%
Mar 31, 2024 19.44%
Dec 31, 2023 -28.70%
Sep 30, 2023 14.94%
Jun 30, 2023 18.94%
Mar 31, 2023 12.73%
Dec 31, 2022 36.94%
Sep 30, 2022 30.58%
Jun 30, 2022 28.69%
Mar 31, 2022 23.70%
Dec 31, 2021 -29.54%
Sep 30, 2021 15.47%
Jun 30, 2021 24.31%