Gray Media (GTN) Invested Capital (2010 - 2025)

Gray Media's (GTN) quarterly Invested Capital came in at $2.0 million in Q4 2025, down 90.0% year-on-year from $20.0 million in Q4 2024, and little changed on a QoQ basis from $2.0 million in Q3 2025.

Gray Media (GTN) Invested Capital (2010 - 2025) Analysis & Trends

Gray Media (GTN) has 14 years of Invested Capital data on file, last reported at $2.0 million in Q4 2025.

  • On a quarterly basis, Invested Capital fell 90.0% year-over-year to $2.0 million in Q4 2025; TTM through Mar 2026 was $14.0 million, a 81.58% decrease from a year earlier, with the FY2025 full-year figure at $2.0 million, down 90.0% from the prior year.
  • Invested Capital for Q4 2025 stood at $2.0 million, roughly flat from $2.0 million in the prior quarter.
  • Over the last five years, Invested Capital for GTN reached as high as $23.0 million in Q3 2024 and fell as low as $2.0 million in Q3 2025.
  • Historically, Invested Capital has averaged $14.1 million across 5 years, with a median of $15.0 million in 2021.
  • Across the five-year window, Invested Capital jumped 53.33% in 2024 and tumbled 91.3% in 2025, its largest moves.
  • Year by year, Invested Capital stood at $15.0 million in 2021, then changed by 0.0% to $15.0 million in 2022, then changed by 0.0% to $15.0 million in 2023, then soared by 33.33% to $20.0 million in 2024, then sank by 90.0% to $2.0 million in 2025.
  • Per Business Quant data, the three most recent Invested Capital figures were $2.0 million in Q4 2025, $2.0 million in Q3 2025, and $10.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Nexstar Media 5.66 Bn 5.23 Bn 785.00 Mn 274.00 Mn
2 Newsmax 840.22 Mn 799.79 Mn 21.36 Mn 129,930.00
3 iHeartMedia 565.51 Mn 430.46 Mn 509.13 Mn 74.72 Mn
4 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn -
5 E.W. Scripps 268.40 Mn 184.68 Mn 206.07 Mn -
6 FuboTV 251.35 Mn -201.06 Mn 399.10 Mn 144.77 Mn
7 CuriosityStream 140.99 Mn 107.64 Mn 11.62 Mn -
8 Mediaco Holding 83.31 Mn 80.20 Mn -3.44 Mn 10.00 Mn
9 Saga Communications 51.99 Mn 21.56 Mn 17.72 Mn -
10 Beasley Broadcast 37.48 Mn 31.05 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 2.00 Mn
Sep 30, 2025 2.00 Mn
Jun 30, 2025 10.00 Mn
Mar 31, 2025 20.00 Mn
Dec 31, 2024 20.00 Mn
Sep 30, 2024 23.00 Mn
Jun 30, 2024 13.00 Mn
Mar 31, 2024 15.00 Mn
Dec 31, 2023 15.00 Mn
Sep 30, 2023 15.00 Mn
Jun 30, 2023 15.00 Mn
Mar 31, 2023 15.00 Mn
Dec 31, 2022 15.00 Mn
Sep 30, 2022 15.00 Mn
Jun 30, 2022 15.00 Mn
Mar 31, 2022 15.00 Mn
Dec 31, 2021 15.00 Mn
Sep 30, 2019 14.00 Mn
Jun 30, 2019 14.00 Mn
Mar 31, 2019 14.00 Mn