Gray Media (GTN) Interest Coverage Ratio (2010 - 2026)
Gray Media (GTN) posted quarterly Interest Coverage Ratio of 0.51 for Q1 2026, down 33.0% year-over-year from 0.76 in Q1 2025, and down 47.74% quarter-over-quarter from 0.97 in Q4 2025.
Gray Media (GTN) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported Interest Coverage Ratio for 17 consecutive years, with 0.51 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 33.0% year-over-year to 0.51; the TTM figure through Mar 2026 stood at 0.74 (down 55.65% YoY), while the FY2025 annual figure was 0.83, down 52.87% from the prior year.
- Interest Coverage Ratio retreated to 0.51 in Q1 2026 per GTN's latest filing, from 0.97 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.66 in Q4 2024 and bottomed at 0.51 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 1.39 across 5 years, with a median of 1.08 in 2024.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio slumped 70.97% — and 2024, when it surged 173.47%.
- Gray Media's Interest Coverage Ratio stood at 2.56 in 2022, then sank by 61.89% to 0.97 in 2023, then soared by 173.47% to 2.66 in 2024, then slumped by 63.41% to 0.97 in 2025, then slumped by 47.74% to 0.51 in 2026.
- Business Quant data shows GTN's Interest Coverage Ratio at 0.51 in Q1 2026, 0.97 in Q4 2025, and 0.85 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.74 Bn | 5.53 Bn | 1.06 Bn | 1.91 |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | 0.33 |
| 3 | Gray Media | 480.19 Mn | 304.19 Mn | 270.00 Mn | 1.16 |
| 4 | iHeartMedia | 457.30 Mn | 282.86 Mn | 576.68 Mn | - |
| 5 | FuboTV | 308.81 Mn | -143.61 Mn | 399.10 Mn | -2.44 |
| 6 | E.W. Scripps | 303.44 Mn | 290.39 Mn | 196.33 Mn | -21.39 |
| 7 | CuriosityStream | 174.02 Mn | 125.62 Mn | 16.93 Mn | - |
| 8 | Mediaco Holding | 80.93 Mn | 79.13 Mn | -1.26 Mn | -1.21 |
| 9 | Saga Communications | 56.13 Mn | 28.29 Mn | 20.50 Mn | 6.77 |
| 10 | Beasley Broadcast | 36.90 Mn | 30.20 Mn | - | 0.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 |
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.97 |
| Sep 30, 2025 | 0.85 |
| Jun 30, 2025 | 0.70 |
| Mar 31, 2025 | 0.76 |
| Dec 31, 2024 | 2.66 |
| Sep 30, 2024 | 1.92 |
| Jun 30, 2024 | 1.29 |
| Mar 31, 2024 | 1.08 |
| Dec 31, 2023 | 0.97 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 1.09 |
| Mar 31, 2023 | 0.64 |
| Dec 31, 2022 | 2.56 |
| Sep 30, 2022 | 2.61 |
| Jun 30, 2022 | 2.40 |
| Mar 31, 2022 | 1.86 |
| Dec 31, 2021 | 1.25 |
| Sep 30, 2021 | 1.40 |