Growth Metrics

Gray Media (GTN) EBITDA Margin (2016 - 2025)

Gray Media (GTN) has disclosed EBITDA Margin for 16 consecutive years, with 18.94% as the latest value for Q4 2025.

  • On a quarterly basis, EBITDA Margin rose 5597.0% to 18.94% in Q4 2025 year-over-year; TTM through Dec 2025 was 16.96%, a 1018.0% increase, with the full-year FY2025 number at 16.96%, up 1018.0% from a year prior.
  • EBITDA Margin was 18.94% for Q4 2025 at Gray Media, up from 18.02% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 30.58% in Q3 2022 to a low of 43.38% in Q4 2022.
  • A 5-year average of 12.1% and a median of 18.69% in 2021 define the central range for EBITDA Margin.
  • Peak YoY movement for EBITDA Margin: crashed -6182bps in 2022, then soared 5597bps in 2025.
  • Gray Media's EBITDA Margin stood at 18.45% in 2021, then crashed by -335bps to 43.38% in 2022, then surged by 34bps to 28.7% in 2023, then dropped by -29bps to 37.03% in 2024, then surged by 151bps to 18.94% in 2025.
  • Per Business Quant, the three most recent readings for GTN's EBITDA Margin are 18.94% (Q4 2025), 18.02% (Q3 2025), and 14.77% (Q2 2025).