Gray Media (GTN) Return on Capital Employed (2011 - 2026)

Gray Media (GTN) reported Return on Capital Employed of 3.83% for Q1 2026, down 439.0% year-over-year from 1.13% in Q1 2025, and down 3.57% quarter-over-quarter from 3.97% in Q4 2025.

Gray Media (GTN) Return on Capital Employed (2011 - 2026) Analysis & Trends

Gray Media (GTN) has 16 years of Return on Capital Employed data on file, last reported at 3.83% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 3.83%, down 439.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.83% (down 439.0% YoY), and the FY2025 annual result was 3.93%, down 453.0% from the prior year.
  • Return on Capital Employed eased to 3.83% in Q1 2026 per GTN's latest filing, from 3.97% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 9.2% in Q4 2022 and troughed at 0.17% in Q4 2023.
  • A 5-year average of 4.67% and a median of 3.97% in 2025 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed surged 882 bps in 2022, then plunged 937 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 9.2% in 2022, then plunged by 102 bps to 0.17% in 2023, then soared by 5198 bps to 8.46% in 2024, then tumbled by 53 bps to 3.97% in 2025, then declined by 4 bps to 3.83% in 2026.
  • Business Quant data shows GTN's Return on Capital Employed at 3.83% in Q1 2026, 3.97% in Q4 2025, and 6.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Nexstar Media 5.44 Bn 5.04 Bn -505.00 Mn 4.96%
2 FuboTV 3.41 Bn 5.34 Bn 348.72 Mn -2.42%
3 Newsmax 996.58 Mn 956.14 Mn 21.36 Mn -64.29%
4 iHeartMedia 598.23 Mn 466.54 Mn 509.13 Mn 0.15%
5 Gray Media 394.79 Mn 135.79 Mn 213.00 Mn 3.83%
6 E.W. Scripps 304.31 Mn 220.58 Mn 206.07 Mn 3.99%
7 CuriosityStream 163.77 Mn 154.55 Mn 11.62 Mn -16.27%
8 Mediaco Holding 58.80 Mn 58.80 Mn -3.44 Mn -14.22%
9 Saga Communications 54.09 Mn 23.65 Mn 17.72 Mn -6.57%
10 Beasley Broadcast 38.85 Mn 32.43 Mn - 30.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.83%
Dec 31, 2025 3.97%
Sep 30, 2025 6.12%
Jun 30, 2025 7.61%
Mar 31, 2025 8.23%
Dec 31, 2024 8.46%
Sep 30, 2024 2.36%
Jun 30, 2024 0.71%
Mar 31, 2024 0.39%
Dec 31, 2023 -0.17%
Sep 30, 2023 6.14%
Jun 30, 2023 7.58%
Mar 31, 2023 8.44%
Dec 31, 2022 9.20%
Sep 30, 2022 3.61%
Jun 30, 2022 1.93%
Mar 31, 2022 0.91%
Dec 31, 2021 0.39%
Sep 30, 2021 8.42%
Jun 30, 2021 10.37%