Gray Media (GTN) Tax Rate (2010 - 2026)

Gray Media (GTN) reported Tax Rate of 28.57% for Q1 2026, down 3393.0% year-over-year from 0.87% in Q1 2025, and down 53.57% quarter-over-quarter from 61.54% in Q4 2025.

Gray Media (GTN) Tax Rate (2010 - 2026) Analysis & Trends

Gray Media (GTN) has 17 years of Tax Rate data on file, last reported at 28.57% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 28.57%, down 3393.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.95% (down 240.0% YoY), and the FY2025 annual result was 24.78%, up 100.0% from the prior year.
  • Tax Rate fell to 28.57% in Q1 2026 per GTN's latest filing, from 61.54% in the prior quarter.
  • Over five years, Tax Rate peaked at 64.29% in Q3 2025 and troughed at 733.33% in Q4 2023.
  • A 5-year average of 17.71% and a median of 26.05% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 75710 bps in 2023, then jumped 75509 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 23.77% in 2022, then slumped by 3185 bps to 733.33% in 2023, then surged by 103 bps to 21.76% in 2024, then jumped by 183 bps to 61.54% in 2025, then tumbled by 54 bps to 28.57% in 2026.
  • Business Quant data shows GTN's Tax Rate at 28.57% in Q1 2026, 61.54% in Q4 2025, and 64.29% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Nexstar Media 5.40 Bn 5.00 Bn -505.00 Mn -4.58%
2 FuboTV 3.40 Bn 5.32 Bn 348.72 Mn 0.68%
3 Newsmax 970.61 Mn 930.17 Mn 21.36 Mn 2.32%
4 iHeartMedia 620.04 Mn 488.35 Mn 509.13 Mn -0.30%
5 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn 28.57%
6 E.W. Scripps 307.00 Mn 223.28 Mn 206.07 Mn 59.76%
7 CuriosityStream 163.48 Mn 154.27 Mn 11.62 Mn -
8 Mediaco Holding 68.20 Mn 68.20 Mn -3.44 Mn -16.97%
9 Saga Communications 55.58 Mn 25.14 Mn 17.72 Mn -2.45%
10 Beasley Broadcast 37.03 Mn 30.60 Mn - 29.43%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.57%
Mar 31, 2026 28.57%
Dec 31, 2025 61.54%
Dec 31, 2025 61.54%
Sep 30, 2025 64.29%
Sep 30, 2025 64.29%
Jun 30, 2025 -60.00%
Jun 30, 2025 -60.00%
Mar 31, 2025 62.50%
Mar 31, 2025 62.50%
Dec 31, 2024 21.76%
Dec 31, 2024 21.76%
Sep 30, 2024 25.00%
Sep 30, 2024 25.00%
Jun 30, 2024 24.14%
Jun 30, 2024 24.14%
Mar 31, 2024 26.05%
Mar 31, 2024 26.05%
Dec 31, 2023 -733.33%
Dec 31, 2023 -733.33%