GTN Gray Television Inc

  1. Stocks
  2. Communication Services
  3. NYSE: GTN

Price (delayed)

$8.2

Market cap

$782.73M

P/E Ratio

10.79

Dividend/share

$0.32

EPS

$0.76

Enterprise value

$7.03B

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
GTN's debt is down by 6% year-on-year
GTN's P/E is 131% higher than its last 4 quarters average of 4.4 but 8% lower than its 5-year quarterly average of 11.0
GTN's revenue is up by 4.9% year-on-year but it is down by 2.9% since the previous quarter
The company's EPS has shrunk by 71% YoY and by 68% QoQ
The company's net income has shrunk by 60% YoY and by 55% QoQ
Sector: Communication Services
Industry: Broadcasting
Website: http://gray.tv
Peers: SBGI NXST EVC SSP

Key stats

What are the main financial stats of GTN
Market
Shares outstanding
95.45M
Market cap
$782.73M
Enterprise value
$7.03B
Valuations
Price to earnings (P/E)
10.79
Price to book (P/B)
0.39
Price to sales (P/S)
0.22
EV/EBIT
11.75
EV/EBITDA
7.52
EV/Sales
2.01
Earnings
Revenue
$3.49B
EBIT
$598M
EBITDA
$935M
Free cash flow
$372M
Per share
EPS
$0.76
Free cash flow per share
$4
Book value per share
$20.97
Revenue per share
$37.52
TBVPS
$24.84
Balance sheet
Total assets
$10.74B
Total liabilities
$8.08B
Debt
$6.27B
Equity
$2B
Working capital
$81M
Liquidity
Debt to equity
3.13
Current ratio
1.2
Quick ratio
0.87
Net debt/EBITDA
6.68
Margins
EBITDA margin
26.8%
Gross margin
49.2%
Net margin
3.4%
Operating margin
34.6%
Efficiency
Return on assets
0.6%
Return on equity
3.3%
Return on invested capital
7.3%
Return on capital employed
5.8%
Return on sales
17.1%
Dividend
Dividend yield
3.9%
DPS
$0.32
Payout ratio
42.1%

GTN stock price

How has the Gray Television stock price performed over time
Intraday
6.08%
1 week
2.12%
1 month
30.57%
1 year
-29.13%
YTD
-26.72%
QTD
18.5%

Financial performance

How have Gray Television's revenue and profit performed over time
Revenue
$3.49B
Gross profit
$1.72B
Operating income
$1.21B
Net income
$119M
Gross margin
49.2%
Net margin
3.4%
GTN's net margin has dropped by 62% year-on-year and by 54% since the previous quarter
The company's net income has shrunk by 60% YoY and by 55% QoQ
The operating margin is down by 10% year-on-year and by 8% since the previous quarter
The operating income fell by 10% QoQ and by 6% YoY

Growth

What is Gray Television's growth rate over time

Valuation

What is Gray Television stock price valuation
GTN P/E details
P/E
10.79
P/B
0.39
P/S
0.22
EV/EBIT
11.75
EV/EBITDA
7.52
EV/Sales
2.01
GTN's P/E is 131% higher than its last 4 quarters average of 4.4 but 8% lower than its 5-year quarterly average of 11.0
The company's EPS has shrunk by 71% YoY and by 68% QoQ
The P/B is 59% lower than the 5-year quarterly average of 0.9 and 8% lower than the last 4 quarters average of 0.4
The company's equity rose by 3.6% YoY but it fell by 2.8% QoQ
The P/S is 70% lower than the 5-year quarterly average of 0.7 but 5% higher than the last 4 quarters average of 0.2
GTN's revenue is up by 4.9% year-on-year but it is down by 2.9% since the previous quarter

Efficiency

How efficient is Gray Television business performance
The return on equity has dropped by 75% year-on-year and by 69% since the previous quarter
GTN's ROA has shrunk by 73% YoY and by 70% QoQ
The company's return on sales fell by 22% YoY and by 20% QoQ
The ROIC has decreased by 21% QoQ and by 13% YoY

Dividends

What is GTN's dividend history
DPS
$0.32
Dividend yield
3.9%
Payout ratio
42.1%
Recent dividends

Financial health

How did Gray Television financials performed over time
GTN's total assets is 33% greater than its total liabilities
The quick ratio has contracted by 49% YoY and by 15% from the previous quarter
GTN's current ratio is down by 43% year-on-year and by 16% since the previous quarter
Gray Television's debt to equity has decreased by 10% YoY but it has increased by 2.3% from the previous quarter
GTN's debt is down by 6% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.