GTN Gray Television Inc
Price (delayed)
$3.23
Market cap
$327.98M
P/E Ratio
0.95
Dividend/share
$0.32
EPS
$3.4
Enterprise value
$5.89B
Gray Television is a television broadcast company headquartered in Atlanta, Georgia. Gray is the largest owner of top-rated local television stations and digital assets in the United States ("U.S."). Gray
Highlights
The company's EPS has surged by 124% QoQ
GTN's P/E is 93% lower than its 5-year quarterly average of 13.5
The quick ratio has grown by 7% from the previous quarter but it has contracted by 2.2% YoY
Key stats
What are the main financial stats of GTN
Market
Valuations
Earnings
Shares outstanding
101.54M
Market cap
$327.98M
Enterprise value
$5.89B
Price to earnings (P/E)
0.95
Price to book (P/B)
0.14
Price to sales (P/S)
0.08
EV/EBIT
6.02
EV/EBITDA
4.72
EV/Sales
1.62
Revenue
$3.64B
Gross profit
$3.64B
Operating income
$3.25B
Net income
$375M
EBIT
$977M
EBITDA
$1.25B
Free cash flow
$608M
Per share
Balance sheet
Liquidity
EPS
$3.4
EPS diluted
$3.36
Free cash flow per share
$6.4
Book value per share
$22.91
Revenue per share
$38.36
TBVPS
$24.2
Total assets
$10.54B
Total liabilities
$7.61B
Debt
$5.69B
Equity
$2.28B
Working capital
$14M
Debt to equity
2.49
Current ratio
1.03
Quick ratio
0.9
Net debt/EBITDA
4.46
Margins
Efficiency
Dividend
EBITDA margin
34.2%
Gross margin
100%
Net margin
10.3%
Operating margin
89.2%
Return on assets
3%
Return on equity
15.2%
Return on invested capital
12.5%
Return on capital employed
9.8%
Return on sales
26.8%
Dividend yield
9.91%
DPS
$0.32
Payout ratio
9.4%
GTN stock price
How has the Gray Television stock price performed over time
Intraday
0.94%
1 week
-3.58%
1 month
-35.01%
1 year
-44.97%
YTD
2.54%
QTD
-25.23%
Financial performance
How have Gray Television's revenue and profit performed over time
Revenue
$3.64B
Gross profit
$3.64B
Operating income
$3.25B
Net income
$375M
Gross margin
100%
Net margin
10.3%
The company's net income has surged by 90% QoQ
GTN's net margin has surged by 81% since the previous quarter
The operating income rose by 18% YoY and by 8% QoQ
GTN's revenue is up by 11% year-on-year and by 5% since the previous quarter
Growth
What is Gray Television's growth rate over time
Valuation
What is Gray Television stock price valuation
P/E
0.95
P/B
0.14
P/S
0.08
EV/EBIT
6.02
EV/EBITDA
4.72
EV/Sales
1.62
The company's EPS has surged by 124% QoQ
GTN's P/E is 93% lower than its 5-year quarterly average of 13.5
The P/B is 80% lower than the 5-year quarterly average of 0.7 and 30% lower than the last 4 quarters average of 0.2
The company's equity rose by 16% YoY and by 7% QoQ
The P/S is 84% lower than the 5-year quarterly average of 0.5 and 20% lower than the last 4 quarters average of 0.1
GTN's revenue is up by 11% year-on-year and by 5% since the previous quarter
Efficiency
How efficient is Gray Television business performance
The ROIC has soared by 184% YoY and by 34% QoQ
The company's return on sales has surged by 146% YoY and by 25% QoQ
The return on equity has surged by 114% since the previous quarter
GTN's ROA has soared by 114% QoQ
Dividends
What is GTN's dividend history
DPS
$0.32
Dividend yield
9.91%
Payout ratio
9.4%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Gray Television financials performed over time
GTN's total assets is 39% greater than its total liabilities
GTN's current ratio is down by 13% year-on-year and by 9% since the previous quarter
The quick ratio has grown by 7% from the previous quarter but it has contracted by 2.2% YoY
GTN's debt is 149% greater than its equity
Gray Television's debt to equity has decreased by 21% YoY and by 11% from the previous quarter
The company's equity rose by 16% YoY and by 7% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.