See more : Guizhou Tyre Co.,Ltd. (000589.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Gray Television, Inc. (GTN-A) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Gray Television, Inc., a leading company in the Broadcasting industry within the Communication Services sector.
You may be interested
- Park-Ohio Holdings Corp. (PKOH) Income Statement Analysis – Financial Results
- Robinsons Retail Holdings, Inc. (RRETY) Income Statement Analysis – Financial Results
- Waterside Capital Corporation (WSCC) Income Statement Analysis – Financial Results
- Sadbhav Infrastructure Project Limited (SADBHIN.NS) Income Statement Analysis – Financial Results
- Defentect Group, Inc. (DFTC) Income Statement Analysis – Financial Results
Gray Television, Inc. (GTN-A)
About Gray Television, Inc.
Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.28B | 3.68B | 2.41B | 2.38B | 2.12B | 1.08B | 882.73M | 812.47M | 597.36M | 508.13M | 346.30M | 404.83M | 307.13M | 346.06M | 270.37M | 327.18M | 307.29M | 332.14M | 261.55M | 346.57M | 295.37M | 198.64M | 156.34M | 171.21M | 144.00M | 128.90M | 103.50M | 79.30M | 58.60M | 36.50M | 13.10M | 27.50M | 27.50M |
| Cost of Revenue | 2.38B | 2.25B | 1.61B | 1.39B | 1.40B | 596.40M | 557.12M | 475.13M | 374.18M | 285.99M | 217.41M | 212.29M | 194.20M | 196.35M | 187.58M | 199.57M | 199.69M | 191.50M | 161.91M | 197.01M | 183.29M | 119.38M | 104.02M | 105.31M | 87.60M | 77.40M | 61.30M | 48.30M | 41.50M | 24.90M | 8.90M | 12.90M | 11.20M |
| Gross Profit | 899.00M | 1.43B | 803.00M | 989.00M | 723.00M | 487.73M | 325.61M | 337.33M | 223.17M | 222.14M | 128.89M | 192.55M | 112.94M | 149.71M | 82.79M | 127.60M | 107.60M | 140.64M | 99.65M | 149.56M | 112.08M | 79.26M | 52.32M | 65.90M | 56.40M | 51.50M | 42.20M | 31.00M | 17.10M | 11.60M | 4.20M | 14.60M | 16.30M |
| Gross Profit Ratio | 27.40% | 38.85% | 33.28% | 41.54% | 34.07% | 44.99% | 36.89% | 41.52% | 37.36% | 43.72% | 37.22% | 47.56% | 36.77% | 43.26% | 30.62% | 39.00% | 35.02% | 42.34% | 38.10% | 43.16% | 37.95% | 39.90% | 33.46% | 38.49% | 39.17% | 39.95% | 40.77% | 39.09% | 29.18% | 31.78% | 32.06% | 53.09% | 59.27% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 112.00M | 102.00M | 88.00M | 65.00M | 104.00M | 40.91M | 31.54M | 40.35M | 34.34M | 29.20M | 19.81M | 15.93M | 0.00 | 13.55M | 14.17M | 14.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.62M | 3.59M | 3.50M | 3.10M | 2.50M | 3.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 112.00M | 102.00M | 88.00M | 65.00M | 104.00M | 40.91M | 31.54M | 40.35M | 34.34M | 29.20M | 19.81M | 15.93M | 14.17M | 13.55M | 14.17M | 14.10M | 15.09M | 15.10M | 11.51M | 11.66M | 8.46M | 5.61M | 3.62M | 3.59M | 3.50M | 3.10M | 2.50M | 3.20M | 2.30M | 1.90M | 900.00K | 11.50M | 9.90M |
| Other Expenses | 404.00M | 336.00M | 221.00M | 201.00M | 195.00M | 5.51M | 162.00K | 775.00K | 103.00K | 23.00K | 24.43M | 2.00K | 26.31M | 31.11M | 33.17M | 35.35M | 39.14M | 37.55M | 27.28M | 24.69M | 28.86M | 17.73M | 30.82M | 31.21M | 31.00M | 23.50M | 19.10M | 10.90M | 5.60M | 3.40M | 1.10M | 1.90M | 2.20M |
| Operating Expenses | 516.00M | 438.00M | 309.00M | 266.00M | 299.00M | 115.36M | 108.59M | 102.87M | 83.04M | 67.75M | 44.24M | 39.14M | 40.48M | 42.75M | 47.34M | 725.18M | 54.23M | 52.64M | 38.79M | 36.35M | 37.32M | 23.34M | 34.44M | 34.80M | 34.50M | 26.60M | 21.60M | 14.10M | 7.90M | 5.30M | 2.00M | 13.40M | 12.10M |
| Cost & Expenses | 2.90B | 2.69B | 1.92B | 1.66B | 1.70B | 711.77M | 665.70M | 578.00M | 457.22M | 353.74M | 261.65M | 251.42M | 234.68M | 239.10M | 234.92M | 924.75M | 253.91M | 244.15M | 200.69M | 233.36M | 220.60M | 142.71M | 138.46M | 140.12M | 122.10M | 104.00M | 82.90M | 62.40M | 49.40M | 30.20M | 10.90M | 26.30M | 23.30M |
| Interest Income | 0.00 | 354.00M | 205.00M | 191.00M | 227.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 440.00M | 354.00M | 205.00M | 191.00M | 227.00M | 106.63M | 95.26M | 97.24M | 74.41M | 68.91M | 52.45M | 59.44M | 61.78M | 70.05M | 69.09M | 54.08M | 67.19M | 66.79M | 46.55M | 41.97M | 43.34M | 35.67M | 35.78M | 39.96M | 30.20M | 25.50M | 21.80M | 11.70M | 5.40M | 1.90M | 400.00K | 1.60M | 100.00K |
| Depreciation & Amortization | 339.00M | 336.00M | 221.00M | 201.00M | 195.00M | 74.45M | 77.05M | 62.52M | 48.69M | 38.55M | 24.43M | 23.21M | 26.31M | 31.11M | 48.30M | 35.35M | 56.79M | 54.12M | 40.80M | 38.11M | 40.72M | 24.00M | 37.88M | 38.05M | 31.00M | 23.50M | 19.10M | 10.90M | 5.60M | 3.40M | 1.10M | 1.90M | 2.20M |
| EBITDA | 697.00M | 1.34B | 594.00M | 936.00M | 677.00M | 468.73M | 365.58M | 265.45M | 188.93M | 199.14M | 109.08M | 129.97M | 101.66M | 150.04M | 83.08M | -167.53M | 70.88M | 124.85M | 101.66M | 138.53M | 103.27M | 55.93M | 55.76M | 69.15M | 52.90M | 48.40M | 39.70M | 27.80M | 14.80M | 9.70M | 3.30M | 7.00M | 3.10M |
| EBITDA Ratio | 21.24% | 35.96% | 29.30% | 38.60% | 29.36% | 41.72% | 33.33% | 36.65% | 31.63% | 37.98% | 31.50% | 43.63% | 32.16% | 39.90% | 30.98% | -171.86% | 42.89% | 43.00% | 41.69% | 43.24% | 39.48% | 40.83% | 36.55% | 39.93% | 36.53% | -17.07% | 38.36% | 29.00% | 29.01% | 26.03% | 25.19% | 9.82% | 19.27% |
| Operating Income | 383.00M | 990.00M | 381.00M | 752.00M | 478.00M | 388.77M | 291.23M | 234.14M | 140.06M | 153.77M | 83.88M | 153.44M | 75.35M | 106.96M | 43.08M | -258.90M | 53.38M | 87.99M | 60.86M | 113.21M | 74.77M | 55.93M | 17.88M | 31.10M | 21.90M | 24.90M | 20.60M | 16.90M | 9.20M | 6.30M | 2.20M | 1.20M | 4.20M |
| Operating Income Ratio | 11.67% | 26.93% | 15.79% | 31.58% | 22.53% | 35.86% | 32.99% | 28.82% | 23.45% | 30.26% | 24.22% | 37.90% | 24.53% | 30.91% | 15.93% | -79.13% | 17.37% | 26.49% | 23.27% | 32.67% | 25.31% | 28.16% | 11.44% | 18.16% | 15.21% | 19.32% | 19.90% | 21.31% | 15.70% | 17.26% | 16.79% | 4.36% | 15.27% |
| Total Other Income/Expenses | -465.00M | -376.00M | -213.00M | -208.00M | -223.00M | -101.35M | -96.72M | -128.61M | -74.31M | -73.98M | -52.45M | -106.12M | -61.77M | -70.35M | -77.39M | -54.13M | -89.07M | -66.46M | -52.53M | -28.17M | -31.18M | -34.49M | -37.17M | -39.18M | -30.50M | 44.90M | -21.80M | -6.80M | -7.70M | -1.70M | -400.00K | 2.00M | -1.20M |
| Income Before Tax | -82.00M | 614.00M | 168.00M | 544.00M | 255.00M | 287.65M | 193.28M | 105.69M | 65.75M | 79.80M | 31.44M | 47.32M | 13.57M | 36.61M | -34.31M | -313.03M | -35.69M | 21.53M | 8.33M | 72.25M | 31.36M | 21.44M | -19.29M | -8.08M | -8.60M | 69.80M | -1.20M | 10.10M | 1.50M | 4.60M | 1.80M | 1.20M | 5.20M |
| Income Before Tax Ratio | -2.50% | 16.70% | 6.96% | 22.85% | 12.02% | 26.53% | 21.90% | 13.01% | 11.01% | 15.70% | 9.08% | 11.69% | 4.42% | 10.58% | -12.69% | -95.68% | -11.62% | 6.48% | 3.18% | 20.85% | 10.62% | 10.79% | -12.34% | -4.72% | -5.97% | 54.15% | -1.16% | 12.74% | 2.56% | 12.60% | 13.74% | 4.36% | 18.91% |
| Income Tax Expense | -6.00M | 159.00M | 78.00M | 134.00M | 76.00M | 76.85M | -68.67M | 43.42M | 26.45M | 31.74M | 13.15M | 19.19M | 4.54M | 13.45M | -11.26M | -111.01M | -12.54M | 9.82M | 3.72M | 27.96M | 17.34M | 7.80M | -5.97M | -1.87M | -2.30M | 28.10M | 200.00K | 4.40M | 600.00K | 1.80M | 700.00K | 400.00K | 2.00M |
| Net Income | -76.00M | 455.00M | 90.00M | 410.00M | 179.00M | 210.80M | 261.95M | 62.27M | 39.30M | 48.06M | 18.29M | 28.13M | 9.04M | 23.16M | -23.05M | -202.02M | -23.15M | 11.71M | 3.36M | 44.29M | 14.02M | -27.89M | -13.32M | -6.21M | -6.30M | 41.70M | -1.40M | 2.50M | 900.00K | 2.80M | 1.10M | -400.00K | 3.20M |
| Net Income Ratio | -2.32% | 12.38% | 3.73% | 17.22% | 8.44% | 19.44% | 29.68% | 7.66% | 6.58% | 9.46% | 5.28% | 6.95% | 2.94% | 6.69% | -8.52% | -61.75% | -7.53% | 3.53% | 1.29% | 12.78% | 4.75% | -14.04% | -8.52% | -3.63% | -4.38% | 32.35% | -1.35% | 3.15% | 1.54% | 7.67% | 8.40% | -1.45% | 11.64% |
| EPS | -1.39 | 4.38 | 0.40 | 3.73 | 1.28 | 2.39 | 3.59 | 0.87 | 0.58 | 0.83 | 0.32 | 0.42 | 0.03 | 0.16 | -0.48 | -4.18 | -0.48 | 0.17 | -0.05 | 0.83 | 0.21 | -1.26 | -0.85 | -0.40 | -0.49 | 3.38 | -0.12 | 0.26 | 0.14 | 0.39 | 0.17 | -0.05 | 0.29 |
| EPS Diluted | -1.39 | 4.33 | 0.40 | 3.69 | 1.27 | 2.37 | 3.55 | 0.86 | 0.57 | 0.82 | 0.32 | 0.42 | 0.03 | 0.16 | -0.48 | -4.18 | -0.48 | 0.17 | -0.05 | 0.82 | 0.21 | -1.25 | -0.85 | -0.40 | -0.49 | 3.25 | -0.12 | 0.25 | 0.14 | 0.39 | 0.17 | -0.05 | 0.29 |
| Weighted Avg Shares Out | 92.00M | 92.00M | 95.00M | 96.00M | 99.00M | 88.08M | 73.06M | 71.85M | 68.33M | 57.86M | 57.63M | 57.17M | 57.12M | 54.32M | 48.51M | 48.30M | 47.79M | 48.41M | 48.65M | 49.64M | 50.11M | 22.13M | 15.61M | 15.50M | 12.84M | 11.92M | 11.85M | 8.00M | 6.43M | 7.18M | 6.47M | 8.00M | 11.03M |
| Weighted Avg Shares Out (Dil) | 92.00M | 93.00M | 95.00M | 97.00M | 100.00M | 88.78M | 73.84M | 72.76M | 68.99M | 58.36M | 57.97M | 57.26M | 57.12M | 54.32M | 48.51M | 48.30M | 47.79M | 48.43M | 48.65M | 50.17M | 50.54M | 22.38M | 15.61M | 15.50M | 12.84M | 12.40M | 11.85M | 8.40M | 6.43M | 7.18M | 6.47M | 8.00M | 11.03M |
Gray Promotes Bruce Austin to General Manager of WVLT and WBXX in Knoxville, Tennessee
ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced its appointment of Bruce Austin as the next General Manager of WVLT and WBXX, the local CBS and CW affiliates, in Knoxville, Tennessee.
Gray Television: Divesting But Appears Undervalued
Gray Television is reshaping its balance sheet through recent acquisitions and divestitures, potentially leading to improved cash flow and stock valuation. In my view, the recent acquisitions of the television station WPGA in Macon, Georgia market, and the divestiture of...
Gray Television's Assembly Studios Celebrates Grand Opening of Innovative Sound Stages in Georgia
Gray Television & Universal Production Services launch full-service state-of- the-art television and film studios creating thousands of jobs for Georgians Gray Television & Universal Production Services launch full-service state-of- the-art television and film studios creating thousands of jobs for Georgians
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
ATLANTA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The...
Gray Reports Strong Revenues and Lower Expenses for the Third Quarter
ATLANTA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced strong financial results for the third quarter ended September 30, 2023, including total revenue of $803 million, which was above the...
Gray Issues Investor Deck Addressing Network and Retransmission Landscape
ATLANTA, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) has released a new investor presentation providing Gray's perspective on the broadcast industry and the company in the current network and retransmission landscape. The presentation outlines Gray's...
Gray Promotes Jason Hall to Vice President
ATLANTA, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced the promotion of Jason Hall to Vice President of Spanish Media Sales, GrayTV Telemundo Station Group.
Local News Live Launches 24/7 Live Stream Across All Gray Television Stations
ATLANTA, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Local News Live, a streaming news network that provides live news coverage from Gray's 113 television markets and Washington DC Bureau, is now available...
Peachtree Sports Network Launches Statewide on Gray Television Stations
ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Peachtree Sports Network, Gray Television's newest sports broadcast channel, will launch Sunday, October 1st on WPCH 17.2. The channel will focus on live, local sports programming all year long and will feature teams...
Gray Television Stations Raise More Than $225,000 for Hawaii Fire Relief
ATLANTA, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that its stations have raised more than $225,000 for fire relief efforts in Hawaii. The money raised will provide immediate relief...
Source: https://incomestatements.info
Category: Stock Reports