Gray Media GTN
NYSE GTN
$4.91 -0.09 (-1.80%)
At close: Aug 20, 2026 · 4:00 PM EDT

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

Gray Media (GTN) posted quarterly EBT Margin of 3.65% for Q1 2026, down 58.0% year-over-year from 8.68% in Q1 2025, and down 11.06% quarter-over-quarter from 3.28% in Q4 2025.

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

Gray Media (GTN) has reported EBT Margin for 17 consecutive years, with 3.65% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT Margin fell 58.0% year-over-year to 3.65%; the TTM figure through Mar 2026 stood at 3.8% (down 1348.0% YoY), while the FY2025 annual figure was 3.65%, down 1715.0% from the prior year.
  • EBT Margin fell to 3.65% in Q1 2026 per GTN's latest filing, from 3.28% in the prior quarter.
  • Across five years, EBT Margin topped out at 22.76% in Q4 2022 and bottomed at 5.24% in Q1 2023.
  • Historically, EBT Margin has averaged 5.22% across 5 years, with a median of 1.11% in 2023.
  • Annual changes were most pronounced in 2023 — EBT Margin sank 2415 bps — and 2024, when it jumped 2206 bps.
  • Gray Media's EBT Margin stood at 22.76% in 2022, then sank by 106 bps to 1.39% in 2023, then jumped by 1588 bps to 20.67% in 2024, then plunged by 116 bps to 3.28% in 2025, then decreased by 11 bps to 3.65% in 2026.
  • Business Quant data shows GTN's EBT Margin at 3.65% in Q1 2026, 3.28% in Q4 2025, and 3.74% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Nexstar Media 5.74 Bn 5.53 Bn 1.06 Bn 8.88%
2 Newsmax 1.40 Bn 1.35 Bn 23.33 Mn 5.30%
3 Gray Media 480.19 Mn 304.19 Mn 270.00 Mn 2.26%
4 iHeartMedia 457.30 Mn 282.86 Mn 576.68 Mn -6.40%
5 FuboTV 308.81 Mn -143.61 Mn 399.10 Mn -48.48%
6 E.W. Scripps 303.44 Mn 290.39 Mn 196.33 Mn -246.38%
7 CuriosityStream 174.02 Mn 125.62 Mn 16.93 Mn 40.08%
8 Mediaco Holding 80.93 Mn 79.13 Mn -1.26 Mn -24.65%
9 Saga Communications 56.13 Mn 28.29 Mn 20.50 Mn 4.20%
10 Beasley Broadcast 36.90 Mn 30.20 Mn - 207.83%

Historic Data

Download Data
DateValue
Jun 30, 2026 2.26%
Mar 31, 2026 -3.65%
Dec 31, 2025 -3.28%
Sep 30, 2025 -3.74%
Jun 30, 2025 -4.53%
Mar 31, 2025 -3.07%
Dec 31, 2024 20.67%
Sep 30, 2024 13.47%
Jun 30, 2024 3.51%
Mar 31, 2024 14.46%
Dec 31, 2023 -1.39%
Sep 30, 2023 -4.61%
Jun 30, 2023 1.11%
Mar 31, 2023 -5.24%
Dec 31, 2022 22.76%
Sep 30, 2022 16.50%
Jun 30, 2022 15.78%
Mar 31, 2022 10.04%
Dec 31, 2021 5.83%
Sep 30, 2021 3.00%