Gray Media (GTN) EBIT Margin (2010 - 2026)
Gray Media's EBIT Margin came in at 16.21% for Q2 2026, up 5.59 percentage points from 10.62% a year earlier and up 5.66 percentage points from the prior quarter.
Gray Media (GTN) EBIT Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Gray Media reported EBIT Margin of 13.82%, down 7.29 percentage points year-over-year; for FY2025, it came in at 12.67%, down 10.69 percentage points from FY2024.
- EBIT Margin carries a five-year change of -18.92 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was 23.35% in FY2024 (+11.68 pp), 11.67% in FY2023 (-15.26 pp), 26.93% in FY2022 (+11.14 pp) and 15.79% in FY2021 (-15.79 pp).
- The Q2 2026 figure represents the highest quarterly EBIT Margin since Q4 2024.
- Year-over-year, EBIT Margin increased in three of the last eight quarters, with an average year-over-year change of -0.25 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q4 2022 (a gain of 19.30 percentage points), and the weakest in Q4 2021 (a drop of 29.76 percentage points).
- Business Quant data shows GTN's EBIT Margin at 10.55% (Q1 2026), 14.65% (Q4 2025) and 13.62% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | 2.72% |
| 2 | Fox | 28.47 Bn | 14.28 Bn | - | 21.87% |
| 3 | Omnicom | 22.65 Bn | 4.74 Bn | 1.30 Bn | 14.06% |
| 4 | News | 16.98 Bn | 8.47 Bn | - | 11.90% |
| 5 | Pearson | 11.88 Bn | 8.99 Bn | - | - |
| 6 | New York Times | 11.21 Bn | 8.69 Bn | 394.61 Mn | 15.48% |
| 7 | Sirius Xm Holdings | 9.12 Bn | 8.70 Bn | 1.44 Bn | 21.85% |
| 8 | Skydance | 7.82 Bn | 5.74 Bn | - | - |
| 9 | Wpp | 5.68 Bn | -6.37 Bn | - | - |
| 10 | Gray Media | 444.43 Mn | -540.57 Mn | 248.00 Mn | 16.21% |
Historic 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% |
Gray Media EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=GTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "GTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=GTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();