Gray MediaGTN +6.15%66 Pretax Margin % is -3.65% as of Mar. 2026. GuruFocus rates GTN with a GF Score™ of 66/100 and a GF Value™ of $4.19 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,016 Media - Diversified companies, Gray Media ranks worse than 63.29% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gray Media's Pre-Tax Income for the
three
months ended in Mar. 2026 was $-28 Mil. Gray Media's Revenue for the
three
months ended in Mar. 2026 was $768 Mil. Therefore, Gray Media's pretax margin for the quarter that ended in Mar. 2026 was -3.65%.
The historical rank and industry rank for Gray Media's Pretax Margin % or its related term are showing as below:
GTN'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.8 Med: 13.26 Max: 26.57
Current: -3.8
GTN's Pretax Margin % is ranked worse than 63.29% of 1016
companies
in the Media - Diversified industry
Industry Median: 1.975
vs GTN: -3.80
Gray Media (NYSE:GTN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Gray Media Pretax Margin % Related Terms
Gray Media Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Gray Media's Pretax 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: Pretax Margin % Comparison
For the Broadcasting subindustry, Gray Media's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Gray Media's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Gray Media's Pretax 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 Pretax Margin % of -3.65% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Gray Media and its competitors. According to the industry distribution chart, Gray Media ranks #643 out of 1016 companies in the Media - Diversified industry, placing it in the top 63.3%.
Is Gray Media's Pretax Margin % too high?
Gray Media's current Pretax Margin % is -3.65%. Based on the distribution chart, Gray Media ranks #643 out of 1016 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Gray Media has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's Pretax Margin % compare to SSP and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #643 out of 1016 companies for Pretax Margin %. This places Gray Media in the lower half of its industry. The industry median Pretax Margin % is 1.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Media - Diversified company?
The median Pretax Margin % among Media - Diversified companies is 1.98, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median Pretax Margin % is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current Pretax Margin % is -3.65%. 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 $4.19, compared to a current price of $3.80 — trading 9.3% below its estimated fair value. The current Pretax Margin % is -3.65%. Gray Media's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Gray Media (GTN), the current Pretax Margin % is -3.65% 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 undervalued.
The current stock price of $3.80 is trading 9.3% below its estimated GF Value™ of $4.19.
GuruFocus considers Gray Media to be Fairly Valued.
Key valuation signals for GTN:
Pretax Margin %: -3.65%
GF Value™: $4.19 vs. price of $3.80 (9.3% below fair value)
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.
66GF Score
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