Gray Media (GTN) Tax Rate (2010 - 2026)
Gray Media (GTN) posted quarterly Tax Rate of 28.57% for Q1 2026, down 3393.0% year-over-year from 0.87% in Q1 2025, and up 115.48% quarter-over-quarter from 184.62% in Q4 2025.
Gray Media (GTN) Tax Rate (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported Tax Rate for 17 consecutive years, with 28.57% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 3393.0% year-over-year to 28.57%; the TTM figure through Mar 2026 stood at 36.75% (down 9950.0% YoY), while the FY2025 annual figure was 9.73%, up 852.0% from the prior year.
- Tax Rate grew to 28.57% in Q1 2026 per GTN's latest filing, from 184.62% in the prior quarter.
- Across five years, Tax Rate topped out at 90.28% in Q4 2024 and bottomed at 733.33% in Q4 2023.
- Historically, Tax Rate has averaged 27.87% across 5 years, with a median of 26.19% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 76202 bps — and 2024, when it jumped 82361 bps.
- Gray Media's Tax Rate stood at 28.69% in 2022, then tumbled by 2656 bps to 733.33% in 2023, then surged by 112 bps to 90.28% in 2024, then sank by 304 bps to 184.62% in 2025, then surged by 115 bps to 28.57% in 2026.
- Business Quant data shows GTN's Tax Rate at 28.57% in Q1 2026, 184.62% in Q4 2025, and 64.29% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn | 36.16% |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | - |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn | 26.32% |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn | -31.94% |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn | 4.72% |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn | 0.66% |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn | 4.66% |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn | 1.79% |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn | 13.51% |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - | 7.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.32% |
| Jun 30, 2026 | 26.32% |
| Jun 30, 2026 | 26.32% |
| Mar 31, 2026 | 28.57% |
| Mar 31, 2026 | 28.57% |
| Mar 31, 2026 | 28.57% |
| Dec 31, 2025 | -184.62% |
| Dec 31, 2025 | -184.62% |
| Dec 31, 2025 | -184.62% |
| Sep 30, 2025 | 64.29% |
| Sep 30, 2025 | 64.29% |
| Sep 30, 2025 | 64.29% |
| Jun 30, 2025 | -60.00% |
| Jun 30, 2025 | -60.00% |
| Jun 30, 2025 | -60.00% |
| Mar 31, 2025 | 62.50% |
| Mar 31, 2025 | 62.50% |
| Mar 31, 2025 | 62.50% |
| Dec 31, 2024 | 90.28% |
| Dec 31, 2024 | 90.28% |