Gray Media (GTN) Divestments (2016 - 2021)
Gray Media (GTN) posted quarterly Divestments of $3.0 million for Q4 2021, down 86.36% quarter-over-quarter from $22.0 million in Q4 2019.
Gray Media (GTN) Divestments (2016 - 2021) Analysis & Trends
Gray Media (GTN) has reported Divestments for 4 consecutive years, with $3.0 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Divestments changed N/A year-over-year to $3.0 million; the TTM figure through Dec 2023 stood at $3.0 million (changed 0.0% YoY), while the FY2023 annual figure was $6.0 million, changed N/A from the prior year.
- Divestments declined to $3.0 million in Q4 2021 per GTN's latest filing, from $22.0 million in the prior quarter.
- Across five years, Divestments topped out at $231.0 million in Q1 2019 and bottomed at $3.0 million in Q4 2021.
- Historically, Divestments has averaged $66.2 million across 3 years, with a median of $15.5 million in 2018.
- On a YoY basis, Divestments climbed as much as 144.44% in 2019 and fell as far as 144.44% in 2019.
- Gray Media's Divestments stood at $9.0 million in 2018, then soared by 144.44% to $22.0 million in 2019, then sank by 86.36% to $3.0 million in 2021.
- Business Quant data shows GTN's Divestments at $3.0 million in Q4 2021, $22.0 million in Q4 2019, and $231.0 million in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.71 Bn | 5.50 Bn | 1.06 Bn | - |
| 2 | Newsmax | 1.41 Bn | 1.37 Bn | 23.33 Mn | - |
| 3 | Gray Media | 480.69 Mn | 304.69 Mn | 270.00 Mn | - |
| 4 | iHeartMedia | 452.62 Mn | 278.18 Mn | 576.68 Mn | - |
| 5 | E.W. Scripps | 305.74 Mn | 292.69 Mn | 196.33 Mn | -439,000.00 |
| 6 | FuboTV | 302.11 Mn | -150.30 Mn | 399.10 Mn | - |
| 7 | CuriosityStream | 167.80 Mn | 119.41 Mn | 16.93 Mn | - |
| 8 | Mediaco Holding | 85.89 Mn | 84.08 Mn | -1.26 Mn | - |
| 9 | Saga Communications | 56.04 Mn | 28.20 Mn | 20.50 Mn | - |
| 10 | Beasley Broadcast | 37.30 Mn | 30.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 3.00 Mn |
| Dec 31, 2019 | 22.00 Mn |
| Mar 31, 2019 | 231.00 Mn |
| Dec 31, 2018 | 9.00 Mn |
| Mar 31, 2016 | 11.20 Mn |