Gray Media (GTN) EBIT Margin (2010 - 2026)
Gray Media (GTN) posted quarterly EBIT Margin of 10.55% for Q1 2026, down 122.0% year-over-year from 47.94% in Q1 2025, and down 27.99% quarter-over-quarter from 14.65% in Q4 2025.
Gray Media (GTN) EBIT Margin (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported EBIT Margin for 17 consecutive years, with 10.55% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT Margin fell 122.0% year-over-year to 10.55%; the TTM figure through Mar 2026 stood at 12.37% (down 1036.0% YoY), while the FY2025 annual figure was 12.67%, down 1069.0% from the prior year.
- EBIT Margin retreated to 10.55% in Q1 2026 per GTN's latest filing, from 14.65% in the prior quarter.
- Across five years, EBIT Margin topped out at 33.86% in Q4 2022 and bottomed at 8.36% in Q1 2023.
- Historically, EBIT Margin has averaged 17.9% across 5 years, with a median of 14.65% in 2025.
- Annual changes were most pronounced in 2022 — EBIT Margin jumped 1930 bps — and 2023, when it plunged 2078 bps.
- Gray Media's EBIT Margin stood at 33.86% in 2022, then slumped by 61 bps to 13.08% in 2023, then soared by 138 bps to 31.1% in 2024, then slumped by 53 bps to 14.65% in 2025, then retreated by 28 bps to 10.55% in 2026.
- Business Quant data shows GTN's EBIT Margin at 10.55% in Q1 2026, 14.65% in Q4 2025, and 13.62% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.72 Bn | 5.51 Bn | 1.06 Bn | 18.16% |
| 2 | Newsmax | 1.43 Bn | 1.38 Bn | 23.33 Mn | 2.41% |
| 3 | Gray Media | 487.55 Mn | 311.55 Mn | 270.00 Mn | 16.21% |
| 4 | iHeartMedia | 445.52 Mn | 271.08 Mn | 576.68 Mn | 3.63% |
| 5 | FuboTV | 314.04 Mn | -138.37 Mn | 399.10 Mn | 8.32% |
| 6 | E.W. Scripps | 307.58 Mn | 294.53 Mn | 196.33 Mn | -236.04% |
| 7 | CuriosityStream | 170.17 Mn | 121.78 Mn | 16.93 Mn | 39.49% |
| 8 | Mediaco Holding | 85.88 Mn | 84.07 Mn | -1.26 Mn | -14.39% |
| 9 | Saga Communications | 56.01 Mn | 28.17 Mn | 20.50 Mn | 2.36% |
| 10 | Beasley Broadcast | 37.40 Mn | 30.71 Mn | - | 3.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.21% |
| Mar 31, 2026 | 10.55% |
| Dec 31, 2025 | 14.65% |
| Sep 30, 2025 | 13.62% |
| Jun 30, 2025 | 10.62% |
| Mar 31, 2025 | 11.76% |
| Dec 31, 2024 | 31.10% |
| Sep 30, 2024 | 26.32% |
| Jun 30, 2024 | 18.40% |
| Mar 31, 2024 | 15.07% |
| Dec 31, 2023 | 13.08% |
| Sep 30, 2023 | 10.46% |
| Jun 30, 2023 | 14.64% |
| Mar 31, 2023 | 8.36% |
| Dec 31, 2022 | 33.86% |
| Sep 30, 2022 | 26.95% |
| Jun 30, 2022 | 25.12% |
| Mar 31, 2022 | 19.83% |
| Dec 31, 2021 | 14.56% |
| Sep 30, 2021 | 11.15% |