GTN Gray Television Inc

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

Price (delayed)

$7.28

Market cap

$693.36M

P/E Ratio

2.15

Dividend/share

$0.32

EPS

$3.39

Enterprise value

$6.88B

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 P/E is 80% lower than its 5-year quarterly average of 10.9 and 64% lower than its last 4 quarters average of 5.9
GTN's revenue is up by 35% year-on-year
GTN's gross profit is up by 48% year-on-year but it is down by 6% since the previous quarter
The company's equity rose by 14% YoY but it fell by 2.6% QoQ
The quick ratio has plunged by 62% YoY and by 47% from the previous quarter
The company's EPS fell by 23% 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
95.24M
Market cap
$693.36M
Enterprise value
$6.88B
Valuations
Price to earnings (P/E)
2.15
Price to book (P/B)
0.33
Price to sales (P/S)
0.18
EV/EBIT
7.93
EV/EBITDA
5.72
EV/Sales
1.89
Earnings
Revenue
$3.65B
EBIT
$868M
EBITDA
$1.2B
Free cash flow
$601M
Per share
EPS
$3.39
Free cash flow per share
$6.53
Book value per share
$22.2
Revenue per share
$39.67
TBVPS
$24.62
Balance sheet
Total assets
$10.85B
Total liabilities
$8.13B
Debt
$6.25B
Equity
$2.06B
Working capital
$113M
Liquidity
Debt to equity
3.03
Current ratio
1.27
Quick ratio
0.92
Net debt/EBITDA
5.14
Margins
EBITDA margin
33%
Gross margin
36.8%
Net margin
9.9%
Operating margin
24.5%
Efficiency
Return on assets
2.8%
Return on equity
15.6%
Return on invested capital
10.3%
Return on capital employed
8.3%
Return on sales
23.8%
Dividend
Dividend yield
4.4%
DPS
$0.32
Payout ratio
9.4%

GTN stock price

How has the Gray Television stock price performed over time
Intraday
1.68%
1 week
-7.73%
1 month
-2.28%
1 year
-62.59%
YTD
-34.94%
QTD
-16.51%

Financial performance

How have Gray Television's revenue and profit performed over time
Revenue
$3.65B
Gross profit
$1.34B
Operating income
$893M
Net income
$362M
Gross margin
36.8%
Net margin
9.9%
GTN's net margin has surged by 136% year-on-year but it is down by 20% since the previous quarter
The operating income has soared by 101% YoY but it fell by 10% QoQ
GTN's gross profit is up by 48% year-on-year but it is down by 6% since the previous quarter
The operating margin is up by 48% year-on-year but it is down by 9% since the previous quarter

Growth

What is Gray Television's growth rate over time

Valuation

What is Gray Television stock price valuation
P/E
2.15
P/B
0.33
P/S
0.18
EV/EBIT
7.93
EV/EBITDA
5.72
EV/Sales
1.89
GTN's P/E is 80% lower than its 5-year quarterly average of 10.9 and 64% lower than its last 4 quarters average of 5.9
The company's EPS fell by 23% QoQ
The P/B is 70% lower than the 5-year quarterly average of 1.1 and 45% lower than the last 4 quarters average of 0.6
The company's equity rose by 14% YoY but it fell by 2.6% QoQ
The P/S is 78% lower than the 5-year quarterly average of 0.8 and 55% lower than the last 4 quarters average of 0.4
GTN's revenue is up by 35% year-on-year

Efficiency

How efficient is Gray Television business performance
The ROIC has soared by 66% YoY but it has decreased by 8% QoQ
The company's return on sales rose by 48% YoY but it fell by 10% QoQ
The return on equity has declined by 26% since the previous quarter
GTN's ROA is down by 22% QoQ

Dividends

What is GTN's dividend history
DPS
$0.32
Dividend yield
4.4%
Payout ratio
9.4%
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 plunged by 62% YoY and by 47% from the previous quarter
GTN's current ratio has dropped by 55% year-on-year and by 40% since the previous quarter
Gray Television's debt to equity has decreased by 20% YoY
The company's equity rose by 14% YoY but it fell by 2.6% QoQ

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