Gray Media (GTN) Debt to Equity (2010 - 2026)
Gray Media (GTN) reported Debt to Equity of $2.72 for Q1 2026, up 9.28% year-over-year from $2.49 in Q1 2025, and up 2.02% quarter-over-quarter from $2.67 in Q4 2025.
Gray Media (GTN) Debt to Equity (2010 - 2026) Analysis & Trends
Gray Media (GTN) has 17 years of Debt to Equity data on file, last reported at $2.72 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $2.72, up 9.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.72 (up 9.28% YoY), and the FY2025 annual result was $2.67, up 8.26% from the prior year.
- Debt to Equity improved to $2.72 in Q1 2026 per GTN's latest filing, from $2.67 in the prior quarter.
- Over five years, Debt to Equity peaked at $3.74 in Q1 2022 and troughed at $2.46 in Q4 2024.
- A 5-year average of $2.96 and a median of $2.99 in 2023 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2024: Debt to Equity jumped 67.07% in 2022, then declined 21.22% in 2024.
- A 5-year view of Debt to Equity shows it stood at $3.05 in 2022, then advanced by 2.45% to $3.13 in 2023, then fell by 21.22% to $2.46 in 2024, then gained by 8.26% to $2.67 in 2025, then climbed by 2.02% to $2.72 in 2026.
- Business Quant data shows GTN's Debt to Equity at $2.72 in Q1 2026, $2.67 in Q4 2025, and $2.6 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.44 Bn | 5.04 Bn | -505.00 Mn | 5.66 |
| 2 | FuboTV | 3.41 Bn | 5.34 Bn | 348.72 Mn | 0.00 |
| 3 | Newsmax | 996.58 Mn | 956.14 Mn | 21.36 Mn | - |
| 4 | iHeartMedia | 598.23 Mn | 466.54 Mn | 509.13 Mn | -2.62 |
| 5 | Gray Media | 394.79 Mn | 135.79 Mn | 213.00 Mn | 2.72 |
| 6 | E.W. Scripps | 304.31 Mn | 220.58 Mn | 206.07 Mn | 2.05 |
| 7 | CuriosityStream | 163.77 Mn | 154.55 Mn | 11.62 Mn | - |
| 8 | Mediaco Holding | 58.80 Mn | 58.80 Mn | -3.44 Mn | 2.07 |
| 9 | Saga Communications | 54.09 Mn | 23.65 Mn | 17.72 Mn | 0.03 |
| 10 | Beasley Broadcast | 38.85 Mn | 32.43 Mn | - | -4.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.72 |
| Dec 31, 2025 | 2.67 |
| Sep 30, 2025 | 2.60 |
| Jun 30, 2025 | 2.56 |
| Mar 31, 2025 | 2.49 |
| Dec 31, 2024 | 2.46 |
| Sep 30, 2024 | 2.77 |
| Jun 30, 2024 | 2.99 |
| Mar 31, 2024 | 3.00 |
| Dec 31, 2023 | 3.13 |
| Sep 30, 2023 | 3.09 |
| Jun 30, 2023 | 3.02 |
| Mar 31, 2023 | 2.99 |
| Dec 31, 2022 | 3.05 |
| Sep 30, 2022 | 3.42 |
| Jun 30, 2022 | 3.65 |
| Mar 31, 2022 | 3.74 |
| Dec 31, 2021 | 3.84 |
| Sep 30, 2021 | 2.26 |
| Jun 30, 2021 | 2.21 |