Gray Media (GTN) Tax Rate (2010 - 2026)
Gray Media's Tax Rate was 26.32% in Q2 2026, up 86.32 percentage points from -60.00% a year earlier but down 2.26 percentage points from the prior quarter.
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Analysis
Gray Media (GTN) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gray Media's Tax Rate was 58.73% through Jun 30, 2026, up 28.91 percentage points year-over-year; for FY2025, it was 24.78%, up 1.00 percentage points from FY2024.
- Tax Rate shows a five-year change of +0.15 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 23.78% in FY2024 (+16.46 pp), 7.32% in FY2023 (-18.58 pp), 25.90% in FY2022 (-20.53 pp) and 46.43% in FY2021 (+21.80 pp).
- Quarterly Tax Rate has moved between -60.00% (Q2 2025) and 194.44% (Q3 2021) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +14.20 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2021 (a gain of 168.38 percentage points); the worst was Q3 2022 (a drop of 166.44 percentage points).
- Per Business Quant data, GTN's Tax Rate in the three quarters before Q2 2026 was 28.57% (Q1 2026), 61.54% (Q4 2025) and 64.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | - |
| 2 | Fox | 29.42 Bn | 15.33 Bn | - | 24.43% |
| 3 | Omnicom | 22.66 Bn | 5.36 Bn | 1.30 Bn | 27.11% |
| 4 | News | 17.30 Bn | 9.49 Bn | - | 17.27% |
| 5 | Pearson | 11.70 Bn | 8.83 Bn | - | - |
| 6 | New York Times | 11.14 Bn | 8.63 Bn | 394.61 Mn | 25.40% |
| 7 | Sirius Xm Holdings | 9.28 Bn | 8.86 Bn | 1.44 Bn | 23.40% |
| 8 | Skydance | 7.66 Bn | 5.58 Bn | - | - |
| 9 | Wpp | 5.77 Bn | -6.03 Bn | - | - |
| 10 | Gray Media | 541.85 Mn | -443.15 Mn | 248.00 Mn | 26.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.32% |
| Dec 31, 2024 | 21.76% |
| Sep 30, 2024 | 25.00% |
| Jun 30, 2024 | 24.14% |
| Mar 31, 2024 | 26.05% |
| Jun 30, 2023 | 55.56% |
| Dec 31, 2022 | 23.77% |
| Sep 30, 2022 | 28.00% |
| Jun 30, 2022 | 27.74% |
| Mar 31, 2022 | 25.30% |
| Dec 31, 2021 | 30.95% |
| Sep 30, 2021 | 194.44% |
| Jun 30, 2021 | 27.78% |
| Mar 31, 2021 | 27.78% |
| Dec 31, 2020 | 23.02% |
| Sep 30, 2020 | 26.06% |
| Jun 30, 2020 | 35.29% |
| Mar 31, 2020 | 25.35% |
| Dec 31, 2019 | 25.40% |
| Sep 30, 2019 | 28.05% |
API Access
Gray Media Tax Rate 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=tax-rate&ticker=GTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();