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

Gray Media's (GTN) quarterly Tax Rate came in at 28.57% in Q1 2026, down 3393.0% year-on-year from 0.87% in Q1 2025, and up 115.48% on a QoQ basis from 184.62% 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.

  • On a quarterly basis, Tax Rate fell 3393.0% year-over-year to 28.57% in Q1 2026; TTM through Mar 2026 was 36.75%, a 9950.0% decrease from a year earlier, with the FY2025 full-year figure at 9.73%, up 852.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 28.57%, up from 184.62% in the prior quarter.
  • Over the last five years, Tax Rate for GTN reached as high as 90.28% in Q4 2024 and fell as low as 733.33% in Q4 2023.
  • Historically, Tax Rate has averaged 27.87% across 5 years, with a median of 26.19% in 2023.
  • Across the five-year window, Tax Rate plunged 76202 bps in 2023 and surged 82361 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 28.69% in 2022, then tumbled by 2656 bps to 733.33% in 2023, then jumped by 112 bps to 90.28% in 2024, then sank by 304 bps to 184.62% in 2025, then jumped by 115 bps to 28.57% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 28.57% in Q1 2026, 184.62% 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 5.66 Bn 5.23 Bn 785.00 Mn -4.58%
2 Newsmax 840.22 Mn 799.79 Mn 21.36 Mn 2.32%
3 iHeartMedia 565.51 Mn 430.46 Mn 509.13 Mn -0.30%
4 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn 28.57%
5 E.W. Scripps 268.40 Mn 184.68 Mn 206.07 Mn 59.76%
6 FuboTV 251.35 Mn -201.06 Mn 399.10 Mn 0.66%
7 CuriosityStream 140.99 Mn 107.64 Mn 11.62 Mn -
8 Mediaco Holding 83.31 Mn 80.20 Mn -3.44 Mn -16.97%
9 Saga Communications 51.99 Mn 21.56 Mn 17.72 Mn 21.87%
10 Beasley Broadcast 37.48 Mn 31.05 Mn - 29.43%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 90.28%
Sep 30, 2024 25.00%
Sep 30, 2024 25.00%