GTNGRAY MEDIA, INC
Television Broadcasting Stations
- Revenue
- $3.1B
- 15% YoY
- Operating margin
- 12.7%
- 46% YoY
- EBITDA
- $629M
- 44% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.0×
- $645M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear11% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear26% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.4B | $3.7B | $3.3B | $3.6B | $3.1B | 15% |
| Operating income | $381M | $990M | $383M | $851M | $392M | 54% |
| Net income | $90M | $455M | −$76M | $375M | −$85M | 123% |
| Operating cash flow | $300M | $829M | $648M | $751M | $289M | 62% |
| Capex | $207M | $436M | $348M | $143M | $108M | 24% |
| Stock-based comp | $14M | $22M | $20M | $22M | $22M | 0.0% |
| Buybacks | $30M | $50M | $0 | $0 | — | |
| Dividends | $31M | $30M | $30M | $32M | $33M | 3.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.