Gray Media (GTN) EBITDA Margin (2010 - 2026)
Gray Media's EBITDA Margin was 25.63% in Q2 2026, up 3.09 percentage points from 22.54% a year earlier and up 1.93 percentage points from the prior quarter.
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Analysis
Gray Media (GTN) EBITDA Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gray Media's EBITDA Margin was 24.90% through Jun 30, 2026, down 7.25 percentage points year-over-year; for FY2025, it came in at 24.20%, down 10.38 percentage points from FY2024.
- EBITDA Margin shows a five-year change of -20.74 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 34.58% in FY2024 (+6.26 pp), 28.31% in FY2023 (-13.82 pp), 42.14% in FY2022 (+11.84 pp) and 30.29% in FY2021 (-14.64 pp).
- The Q2 2026 figure marks the highest quarterly EBITDA Margin since Q4 2024.
- Compared with a year earlier, EBITDA Margin was higher in three of the last eight quarters, with an average year-over-year change of -1.86 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2022 (a gain of 17.98 percentage points); the worst was Q4 2021 (a drop of 26.08 percentage points).
- Per Business Quant data, GTN's EBITDA Margin in the three quarters before Q2 2026 was 23.70% (Q1 2026), 25.51% (Q4 2025) and 24.70% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fox | 28.13 Bn | 13.77 Bn | - | 30.65% |
| 2 | Omnicom | 23.90 Bn | 5.59 Bn | 1.36 Bn | 18.03% |
| 3 | News | 14.62 Bn | 6.11 Bn | - | 17.37% |
| 4 | New York Times | 11.45 Bn | 8.88 Bn | 395.07 Mn | 18.62% |
| 5 | Pearson | 11.16 Bn | 8.96 Bn | - | - |
| 6 | Sirius Xm Holdings | 10.73 Bn | 10.18 Bn | 1.43 Bn | 30.14% |
| 7 | Skydance | 8.79 Bn | 8.79 Bn | - | - |
| 8 | Nexstar Media | 6.17 Bn | 4.79 Bn | 1.20 Bn | 32.35% |
| 9 | Wpp | 5.97 Bn | -6.08 Bn | - | - |
| 10 | Gray Media | 549.65 Mn | -435.35 Mn | 248.00 Mn | 25.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.63% |
| Mar 31, 2026 | 23.70% |
| Dec 31, 2025 | 25.51% |
| Sep 30, 2025 | 24.70% |
| Jun 30, 2025 | 22.54% |
| Mar 31, 2025 | 24.04% |
| Dec 31, 2024 | 40.86% |
| Sep 30, 2024 | 37.05% |
| Jun 30, 2024 | 30.99% |
| Mar 31, 2024 | 27.34% |
| Dec 31, 2023 | 28.82% |
| Sep 30, 2023 | 27.27% |
| Jun 30, 2023 | 31.61% |
| Mar 31, 2023 | 25.47% |
| Dec 31, 2022 | 46.83% |
| Sep 30, 2022 | 42.46% |
| Jun 30, 2022 | 41.13% |
| Mar 31, 2022 | 36.76% |
| Dec 31, 2021 | 28.85% |
| Sep 30, 2021 | 25.29% |
API Access
Gray Media EBITDA 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=ebitda-margin&ticker=GTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=GTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();