GTN (Gray Media) FCF Margin %: -2.34% (As of Mar. 2026)


GTN Gray Media Inc GTN
65 GF Score
Price $3.95
GF Value $3.65
Valuation Fairly Valued
! 8 Warning Signs
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What is Gray Media FCF Margin %?

Gray Media GTN +0.51% 65 FCF Margin % is -2.34% as of Mar. 2026. 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 1,017 Media - Diversified companies, Gray Media ranks worse than 52.31% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Gray Media's Free Cash Flow for the three months ended in Mar. 2026 was $-18 Mil. Gray Media's Revenue for the three months ended in Mar. 2026 was $768 Mil. Therefore, Gray Media's FCF Margin % for the quarter that ended in Mar. 2026 was -2.34%.

As of today, Gray Media's current FCF Yield % is 10.26%.

The historical rank and industry rank for Gray Media's FCF Margin % or its related term are showing as below:

GTN' s FCF Margin % Range Over the Past 10 Years
Min: 1.49   Med: 14.69   Max: 23.34
Current: 1.49


During the past 13 years, the highest FCF Margin % of Gray Media was 23.34%. The lowest was 1.49%. And the median was 14.69%.

GTN's FCF Margin % is ranked worse than
52.31% of 1017 companies
in the Media - Diversified industry
Industry Median: 2.12 vs GTN: 1.49


Gray Media FCF Margin % Related Terms


Gray Media FCF Margin % Historical Data

* Premium members only.

The historical data trend for Gray Media's FCF 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.

Gray Media FCF Margin % Chart

Gray Media Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.85 10.69 9.14 16.68 5.85

Gray Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.96 0.78 -1.47 8.71 -2.34

GTN vs SSP, FUBO, IHRT: FCF Margin % Comparison

For the Broadcasting subindustry, Gray Media's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gray Media's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Gray Media's FCF Margin % falls into.


GTN
65GF Score
Gray Media Inc GTN
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gray Media FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Gray Media's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=181/3095
=5.85 %

Gray Media's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-18/768
=-2.34 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -2.34% mean?
Gray Media (GTN) has a FCF Margin % of -2.34% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Gray Media and its competitors. Over the past decade, Gray Media's FCF Margin % has ranged from 1.49 to 23.34. According to the industry distribution chart, Gray Media ranks #532 out of 1017 companies in the Media - Diversified industry, placing it in the top 52.3%.
Is Gray Media's FCF Margin % too high?
Gray Media's current FCF Margin % is -2.34%. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 23.34. Based on the distribution chart, Gray Media ranks #532 out of 1017 companies in the Media - Diversified industry, which is below the industry midpoint. 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 FCF Margin % compare to SSP and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #532 out of 1017 companies for FCF Margin %. This places Gray Media in the lower half of its industry. The industry median FCF Margin % is 2.12. Historically, Gray Media's own FCF Margin % has ranged from 1.49 to 23.34 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Media - Diversified company?
The median FCF Margin % among Media - Diversified companies is 2.12, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median FCF Margin % is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current FCF Margin % is -2.34%. 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 FCF Margin % is -2.34%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Gray Media (GTN), the current FCF Margin % is -2.34% 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:

  • FCF Margin %: -2.34%
  • GF Value™: $3.65 vs. price of $3.95 (8.2% above fair value)
  • GF Score™: 65/100 with 8 warning signs

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 Business Description

Other Exchanges GTN.A:USAGCZB:Germany
Address 4370 Peachtree Road NE, Suite 400, Atlanta, GA, USA, 30319
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

Get the complete analysis for GTN

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.95
Price
$3.65
GF Value