Gray Media (GTN) EBITDA Margin (2010 - 2026)

Gray Media's (GTN) quarterly EBITDA Margin came in at 10.55% in Q1 2026, down 122.0% year-on-year from 47.94% in Q1 2025, and down 27.99% on a QoQ basis from 14.65% in Q4 2025.

Gray Media (GTN) EBITDA Margin (2010 - 2026) Analysis & Trends

Gray Media (GTN) has 17 years of EBITDA Margin data on file, last reported at 10.55% in Q1 2026.

  • On a quarterly basis, EBITDA Margin fell 122.0% year-over-year to 10.55% in Q1 2026; TTM through Mar 2026 was 12.37%, a 1036.0% decrease from a year earlier, with the FY2025 full-year figure at 12.67%, down 1069.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 10.55%, down from 14.65% in the prior quarter.
  • Over the last five years, EBITDA Margin for GTN reached as high as 33.86% in Q4 2022 and fell as low as 8.36% in Q1 2023.
  • Historically, EBITDA Margin has averaged 17.9% across 5 years, with a median of 14.65% in 2025.
  • Across the five-year window, EBITDA Margin surged 1930 bps in 2022 and slumped 2078 bps in 2023, its largest moves.
  • Year by year, EBITDA Margin stood at 33.86% in 2022, then slumped by 61 bps to 13.08% in 2023, then surged by 138 bps to 31.1% in 2024, then slumped by 53 bps to 14.65% in 2025, then slipped by 28 bps to 10.55% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 10.55% in Q1 2026, 14.65% in Q4 2025, and 13.62% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Nexstar Media 5.66 Bn 5.23 Bn 785.00 Mn 18.98%
2 Newsmax 840.22 Mn 799.79 Mn 21.36 Mn -64.49%
3 iHeartMedia 565.51 Mn 430.46 Mn 509.13 Mn 0.17%
4 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn 10.55%
5 E.W. Scripps 268.40 Mn 184.68 Mn 206.07 Mn 4.79%
6 FuboTV 251.35 Mn -201.06 Mn 399.10 Mn 8.32%
7 CuriosityStream 140.99 Mn 107.64 Mn 11.62 Mn -17.57%
8 Mediaco Holding 83.31 Mn 80.20 Mn -3.44 Mn -23.99%
9 Saga Communications 51.99 Mn 21.56 Mn 17.72 Mn -14.27%
10 Beasley Broadcast 37.48 Mn 31.05 Mn - 18.07%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 19.74%