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| Date | Value |
|---|---|
| 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% |