Growth Metrics

Gray Media (GTN) EBITDA (2016 - 2025)

Gray Media (GTN) has disclosed EBITDA for 16 consecutive years, with $150.0 million as the latest value for Q4 2025.

  • On a quarterly basis, EBITDA rose 138.76% to $150.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $525.0 million, a 112.55% increase, with the full-year FY2025 number at $525.0 million, up 112.55% from a year prior.
  • EBITDA was $150.0 million for Q4 2025 at Gray Media, up from $135.0 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $286.0 million in Q3 2024 to a low of -$465.0 million in Q4 2022.
  • A 5-year average of $82.1 million and a median of $133.0 million in 2021 define the central range for EBITDA.
  • Biggest YoY gain for EBITDA was 198.92% in 2022; the steepest drop was 449.62% in 2022.
  • Gray Media's EBITDA stood at $133.0 million in 2021, then tumbled by 449.62% to -$465.0 million in 2022, then skyrocketed by 46.67% to -$248.0 million in 2023, then tumbled by 56.05% to -$387.0 million in 2024, then skyrocketed by 138.76% to $150.0 million in 2025.
  • Per Business Quant, the three most recent readings for GTN's EBITDA are $150.0 million (Q4 2025), $135.0 million (Q3 2025), and $114.0 million (Q2 2025).