GTN Gray Television Inc

Price (delayed)

$17.13

Market cap

$1.64B

P/E Ratio

26.35

Dividend/share

$0.32

EPS

$0.65

Enterprise value

$8.22B

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 revenue is up by 13% year-on-year and by 12% since the previous quarter
The company's equity rose by 2.7% QoQ
The company's EPS has shrunk by 82% YoY but it has surged by 63% QoQ
The company's net income has shrunk by 71% YoY but it rose by 26% QoQ
GTN's P/E is 140% higher than its 5-year quarterly average of 11.0 and 6% higher than its last 4 quarters average of 24.9
GTN's debt has surged by 69% year-on-year

Key stats

What are the main financial stats of GTN
Market
Shares outstanding
95.69M
Market cap
$1.64B
Enterprise value
$8.22B
Valuations
Price to earnings (P/E)
26.35
Price to book (P/B)
0.9
Price to sales (P/S)
0.59
EV/EBIT
18.98
EV/EBITDA
11.97
EV/Sales
3.05
Earnings
Revenue
$2.7B
EBIT
$433M
EBITDA
$687M
Free cash flow
$53M
Per share
EPS
$0.65
Free cash flow per share
$0.57
Book value per share
$18.93
Revenue per share
$28.99
TBVPS
$25.84
Balance sheet
Total assets
$11.13B
Total liabilities
$8.68B
Debt
$6.83B
Equity
$1.8B
Working capital
$655M
Liquidity
Debt to equity
3.78
Current ratio
2.8
Quick ratio
2.45
Net debt/EBITDA
9.58
Margins
EBITDA margin
25.5%
Gross margin
33.7%
Net margin
4.2%
Operating margin
16.5%
Efficiency
Return on assets
0.6%
Return on equity
3.4%
Return on invested capital
6.2%
Return on capital employed
4%
Return on sales
16.1%
Dividend
Dividend yield
1.87%
DPS
$0.32
Payout ratio
49.2%

GTN stock price

How has the Gray Television stock price performed over time
Intraday
1.36%
1 week
-4.89%
1 month
-10.13%
1 year
-26.42%
YTD
-15.03%
QTD
-22.38%

Financial performance

How have Gray Television's revenue and profit performed over time
Revenue
$2.7B
Gross profit
$908M
Operating income
$444M
Net income
$113M
Gross margin
33.7%
Net margin
4.2%
GTN's net margin has dropped by 75% year-on-year but it is up by 14% since the previous quarter
The company's net income has shrunk by 71% YoY but it rose by 26% QoQ
The operating margin is down by 46% year-on-year but it is up by 4.4% since the previous quarter
The operating income fell by 39% YoY but it rose by 17% QoQ

Growth

What is Gray Television's growth rate over time

Valuation

What is Gray Television stock price valuation
P/E
26.35
P/B
0.9
P/S
0.59
EV/EBIT
18.98
EV/EBITDA
11.97
EV/Sales
3.05
GTN's P/E is 140% higher than its 5-year quarterly average of 11.0 and 6% higher than its last 4 quarters average of 24.9
The company's EPS has shrunk by 82% YoY but it has surged by 63% QoQ
The P/B is 25% lower than the 5-year quarterly average of 1.2 and 25% lower than the last 4 quarters average of 1.2
The company's equity rose by 2.7% QoQ
The P/S is 41% lower than the 5-year quarterly average of 1.0 and 26% lower than the last 4 quarters average of 0.8
GTN's revenue is up by 13% year-on-year and by 12% since the previous quarter

Efficiency

How efficient is Gray Television business performance
GTN's ROA has shrunk by 87% YoY but it has soared by 50% QoQ
The return on equity has dropped by 84% year-on-year but it has surged by 62% since the previous quarter
The ROIC has shrunk by 57% YoY
The company's return on sales fell by 46% YoY but it rose by 3.9% QoQ

Dividends

What is GTN's dividend history
DPS
$0.32
Dividend yield
1.87%
Payout ratio
49.2%
Recent dividends

Financial health

How did Gray Television financials performed over time
GTN's total assets is 28% greater than its total liabilities
The total liabilities has soared by 66% year-on-year
The quick ratio has plunged by 51% YoY but it has grown by 16% from the previous quarter
GTN's debt has surged by 69% year-on-year
Gray Television's debt to equity has soared by 67% YoY but it has decreased by 2.8% from the previous quarter

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