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| Date | Value |
|---|---|
| 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% |