Gray Media (GTN) Return on Invested Capital [ROIC] (2011 - 2026)
Gray Media (GTN) reported Return on Invested Capital [ROIC] of 2.27% for Q2 2026, down 4.45 percentage points from 6.72% a year earlier and down 1.69 percentage points from the prior quarter.
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Analysis
Gray Media (GTN) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Gray Media posted Return on Invested Capital [ROIC] of 3.73%, down 4.36 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -6.68 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 8.09% in FY2024 (+3.84 pp), 4.25% in FY2023 (-4.34 pp), 8.59% in FY2022 (+5.72 pp) and 2.87% in FY2021 (-7.54 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2011.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last four quarters, with an average year-over-year change of -0.06 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2022 (a gain of 5.71 percentage points); the low point was Q4 2021 (a drop of 7.45 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.97% (Q1 2026), 3.76% (Q4 2025) and 5.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | -1.60% |
| 2 | Fox | 28.70 Bn | 14.61 Bn | - | 9.59% |
| 3 | Omnicom | 22.56 Bn | 4.63 Bn | 1.36 Bn | 3.96% |
| 4 | News | 17.11 Bn | 9.30 Bn | - | 6.61% |
| 5 | Pearson | 11.61 Bn | 8.74 Bn | - | - |
| 6 | New York Times | 11.17 Bn | 8.65 Bn | 394.61 Mn | - |
| 7 | Sirius Xm Holdings | 9.31 Bn | 8.89 Bn | 1.44 Bn | 5.82% |
| 8 | Skydance | 7.66 Bn | 5.58 Bn | - | - |
| 9 | Wpp | 5.73 Bn | -6.07 Bn | - | - |
| 10 | Gray Media | 529.17 Mn | -455.83 Mn | 248.00 Mn | 2.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.27% |
| Mar 31, 2026 | 3.97% |
| Dec 31, 2025 | 3.76% |
| Sep 30, 2025 | 5.64% |
| Jun 30, 2025 | 6.72% |
| Mar 31, 2025 | 8.28% |
| Dec 31, 2024 | 8.15% |
| Sep 30, 2024 | 5.88% |
| Jun 30, 2024 | 3.55% |
| Mar 31, 2024 | 2.93% |
| Dec 31, 2023 | 4.35% |
| Sep 30, 2023 | 5.26% |
| Jun 30, 2023 | 7.12% |
| Mar 31, 2023 | 7.87% |
| Dec 31, 2022 | 8.58% |
| Sep 30, 2022 | 6.20% |
| Jun 30, 2022 | 4.00% |
| Mar 31, 2022 | 2.98% |
| Dec 31, 2021 | 2.86% |
| Sep 30, 2021 | 7.44% |
API Access
Gray Media Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=GTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=GTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();