Gray MediaGTN +0.51%65 EBITDA Margin % is 20.83% as of Mar. 2026, which is 40% below its 10-year median of 34.99. GuruFocus rates GTN with a GF Score™ of 65/100 and a GF Value™ of $3.65 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,022 Media - Diversified companies, Gray Media ranks better than 76.81% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Gray Media's EBITDA for the
three
months ended in Mar. 2026 was $160 Mil. Gray Media's Revenue for the
three
months ended in Mar. 2026 was $768 Mil. Therefore, Gray Media's EBITDA margin for the quarter that ended in Mar. 2026 was 20.83%.
Gray Media (NYSE:GTN) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Gray Media EBITDA Margin % Related Terms
Gray Media EBITDA Margin % Historical Data
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The historical data trend for Gray Media's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GTN vs SSP, FUBO, IHRT: EBITDA Margin % Comparison
For the Broadcasting subindustry, Gray Media's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gray Media EBITDA Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Gray Media's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Gray Media's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gray Media (GTN) has a EBITDA Margin % of 20.83% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Gray Media and its competitors. This is 40% below median its historical median of 34.99. Over the past decade, Gray Media's EBITDA Margin % has ranged from 20.19 to 45.30. According to the industry distribution chart, Gray Media ranks #237 out of 1022 companies in the Media - Diversified industry, placing it in the top 23.2%.
Is Gray Media's EBITDA Margin % too high?
Gray Media's current EBITDA Margin % of 20.83% is 40% below median its 10-year median of 34.99. Over the past 10 years, this metric has ranged from a low of 20.19 to a high of 45.30. The Media - Diversified industry median EBITDA Margin % is 8.17. Gray Media's value of 20.83% is 155% above this industry median. Based on the distribution chart, Gray Media ranks #237 out of 1022 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Gray Media has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's EBITDA Margin % compare to SSP and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #237 out of 1022 companies for EBITDA Margin %. This places Gray Media in the top 23% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.17. Gray Media's value of 20.83% is 155% above this benchmark. Historically, Gray Media's own EBITDA Margin % has ranged from 20.19 to 45.30 over the past decade. While the company's 10-year median is 34.99 vs. the industry median of 8.17, Gray Media has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Media - Diversified company?
The median EBITDA Margin % among Media - Diversified companies is 8.17, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gray Media's current EBITDA Margin % of 20.83% is 155% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median EBITDA Margin % is 8.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current EBITDA Margin % is 20.83%, which is 40% below median its own 10-year median of 34.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gray Media stock overvalued right now?
Based on GuruFocus' analysis, Gray Media (GTN) is currently considered Fairly Valued. The stock's GF Value™ is $3.65, compared to a current price of $3.95 — trading 8.2% above its estimated fair value. The current EBITDA Margin % is 20.83%, which is 40% below median its 10-year median of 34.99 and 155% above the Media - Diversified industry median of 8.17. Gray Media's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Gray Media (GTN), the current EBITDA Margin % is 20.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gray Media (GTN) Overvalued in 2026?
Based on GuruFocus' analysis, Gray Media stock appears to be overvalued.
The current stock price of $3.95 is trading 8.2% above its estimated GF Value™ of $3.65.
GuruFocus considers Gray Media to be Fairly Valued.
Key valuation signals for GTN:
EBITDA Margin %: 20.83% (40% below median its 10-year median of 34.99)
GF Value™: $3.65 vs. price of $3.95 (8.2% above fair value)
Industry Position: 155% above the Media - Diversified median (#237 of 1022)
No single metric tells the full story. See the GTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. The company's segments include Broadcasting and Production Companies. The majority of revenue is derived from broadcast and digital advertising and from retransmission consent fees.
65GF Score
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