Gray Media, Inc. (GTN)

From the record

Gray Media, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Gray Media, Inc.'s 10 filed years say what it did: revenue went from $812 million in fiscal 2016 to $3.1 billion in fiscal 2025, up 16% a year; it rose in 7 of 9 years; the deepest fall was 16% from fiscal 2022 to fiscal 2025; net income was positive in 8 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Gray Media, Inc.'s diluted share count grew about 1.4% a year, and dividends and buybacks returned about 6% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Gray Media, Inc. lost about 4 cents for every dollar of shareholders' money. Leverage: it owed about 79 cents per dollar of assets, and net share issuance: its share count grew 1.0% over the year (the filed statements).

From the record

Gray Media, Inc.'s standing among 14 graded names in its industry family: revenue of $3.1 billion in fiscal 2025 ranks in the bottom 31% by size; a net margin of -2.7% ranks in the top 50%; revenue growth of -5.6% a year over the last 3 filed years ranks in the bottom 14% (its annual reports).

From the record

Gray Media, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Laplatney, D Patrick (President and Co-CEO, as filed), filing under that title since 2023-12-08, 2.9 years (bottom 40% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 10.1 years (top 33%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (top 15%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Gray Media, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $368 million against debt of $5.7 billion leaves -51.5% of its assets as net cash, bottom 21% of its family; cash from operations less capital spending is 5.8% of revenue (bottom 38%) (its annual report).

From the record

Gray Media, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -5.6% a year over the last three filed years against 16% over all 10, slowing (bottom 8% of its family); the newest year grew -15.1% (bottom 8%); capital spending grew -37.2% a year (bottom 8%) (its annual reports). Gray Media, Inc. reported 2 lines of business in fiscal 2025: Broadcasting at $3.0 billion (97%), Production Companies at $107 million (4%); 1 of 2 grew against the year before (its annual report).

From the record

Gray Media, Inc.'s newest year against its own record: revenue of $3.1 billion in fiscal 2025 came in 14.7% below the $3.6 billion its prior three years' pace pointed to (bottom 18% of its family); net income of $85 million against a prior three-year average of $251 million (bottom 18%); a net margin of -2.7% against 6.8% before (bottom 36%) (its annual reports).