Touchstone
Last syncNov 1, 2026, 6:55 PM ET

GTN

Gray Media, Inc Communication Services Television Broadcasting Stations Russell 3000
$4.49Close $3.58 – $6.0752-week range Nov 6, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 45 · weaker than 55% of stocks over 12 months
  • Far from its high 26% below its 52-week high
  • Results soon Nov 6, 2026, in 5 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 7, 2026
Off 12-month high 26%
1wk down 2.0% price change
1mo down 0.2% price change
12-month return up 5% market up 11% · its own down 3%
F-score — — Not assessed
Altman Z″ 1.01 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth down 15% year on year
EPS growth — latest quarter
Sales growth up 9% latest quarter · +10 pts
ROE down 4% return on equity
Free cash margin up 6% $181.0M FCF
D/E 2.66 long-term debt / equity
Net debt / EBITDA 8.5×
Interest cover 0.8×EBIT / interest

Trade setup

ATR% 3.9% $0.18 a day · 2×ATR $4.14
RS 45 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 0.9× vs 50-day average
Up/down volume 1.06 50 sessions
Implied move — no option chain · report Nov 6, 2026
Trend template · 1 of 8
  • 50-day average above the 150 and 200-day: passes

Screen verdict

Did not qualify for any screen.

Warning signs

4 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Interest is covered, but thinly Earnings before interest cover the interest bill 0.8 times, leaving little room if profits fall.
  • Heavily indebted Net debt is 8.5 times EBITDA — roughly 9 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Revenue shrinking Revenue fell 15.1% over the year, from $3.6B to $3.1B.
Last reported Sep 28, 2026
Results reaction Sep 28, 2026-1% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.1B -15% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.4B FY2021 · $2.4B FY2022 · $3.7B FY2023 · $3.3B FY2024 · $3.6B FY2025 · $3.1B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$85.0M down to a loss
-$100M $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $410.0M FY2021 · $90.0M FY2022 · $455.0M FY2023 · -$76.0M FY2024 · $375.0M FY2025 · -$85.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $181.0M -70% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $542.0M FY2021 · $93.0M FY2022 · $393.0M FY2023 · $300.0M FY2024 · $608.0M FY2025 · $181.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -3%
  • Free cash 6%
-5% 0% 25% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 17% · Free cash 23% FY2021 · Net 4% · Free cash 4% FY2022 · Net 12% · Free cash 11% FY2023 · Net -2% · Free cash 9% FY2024 · Net 10% · Free cash 17% FY2025 · Net -3% · Free cash 6%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $5.4B net debt
  • Cash
  • Long-term debt
$0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $773.0M · Long-term debt $4.0B FY2021 · Cash $189.0M · Long-term debt $6.7B FY2022 · Cash $61.0M · Long-term debt $6.4B FY2023 · Cash $21.0M · Long-term debt $6.1B FY2024 · Cash $135.0M · Long-term debt $5.6B FY2025 · Cash $368.0M · Long-term debt $5.7B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology
88.14m 87.54m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 88.14m FY2021 · 87.54m FY2022 FY2023 FY2024 FY2025
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $2.4B $2.4B $3.7B $3.3B $3.6B $3.1B
Operating income $752.0M $381.0M $990.0M $383.0M $851.0M $392.0M
Net income $410.0M $90.0M $455.0M -$76.0M $375.0M -$85.0M
Net margin 17% 4% 12% -2% 10% -3%
Earnings per share $4.23 $0.95 $4.89 -$0.83 $3.91 -$0.88
Free cash flow $542.0M $93.0M $393.0M $300.0M $608.0M $181.0M
Free cash margin 23% 4% 11% 9% 17% 6%
Cash $773.0M $189.0M $61.0M $21.0M $135.0M $368.0M
Long-term debt $4.0B $6.7B $6.4B $6.1B $5.6B $5.7B
Shareholders' equity $1.8B $1.8B $2.1B $2.0B $2.3B $2.2B
Shares outstanding 88.14m 87.54m — — — —

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 7, 2026 Quarterly ↗ Jun 30, 2026 38d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 26, 2026 Annual ↗ Dec 31, 2025 57d
Nov 7, 2025 Quarterly ↗ Sep 30, 2025 38d
Aug 8, 2025 Quarterly ↗ Jun 30, 2025 39d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Feb 27, 2025 Annual ↗ Dec 31, 2024 58d
Nov 8, 2024 Quarterly ↗ Sep 30, 2024 39d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 7, 2024 Quarterly ↗ Mar 31, 2024 37d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports

FiledDisclosed
Oct 9, 2026 Material agreement · New obligation · Other events ↗
Oct 9, 2026 Material agreement · New obligation · Other events ↗
Sep 28, 2026 Results ↗
Aug 21, 2026 Material agreement · New obligation · Other events ↗
Aug 18, 2026 Other events ↗
Aug 17, 2026 Other events ↗
Aug 7, 2026 Regulation FD ↗
Aug 7, 2026 Other events ↗
Aug 7, 2026 Results ↗
Jul 21, 2026 Other events ↗
Jul 1, 2026 Material agreement · New obligation · Regulation FD · Other events ↗
May 7, 2026 Acquisition or disposal · Regulation FD ↗