Gray Media, Inc.

As of June 30, 2026, Gray Media, Inc. carries a market capitalization of 348.69M, placing it among publicly traded companies globally. Its enterprise value stands at 5.87B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Gray Media, Inc.'s next confirmed earnings release is scheduled for November 6, 2026.

As of June 30, 2026, Gray Media, Inc. has 100.20M shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 0.12, and the price-to-book ratio stands at 0.19.

As of June 30, 2026, Gray Media, Inc. trades at an EV/EBITDA multiple of 9.63 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.13 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 15.42 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 5.87B versus a market cap of 348.69M, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Gray Media, Inc. maintains a current ratio of 0.95, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 215.80, indicating elevated leverage, while an interest coverage ratio of 1.47 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Gray Media, Inc. posted a negative return on equity (ROE) of -2.69, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -0.25, reflecting losses generated across the asset base. The company generates approximately 291,088.57 in revenue per employee across its workforce of 9,466.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Gray Media, Inc. recorded an income tax benefit of -32.39M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -55.14M and -22.76M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on September 14, 2026, Gray Media, Inc.'s stock has declined approximately 14.80% over the past 52 weeks. The 50-day moving average sits at 3.92, while the 200-day moving average is 3.99.

Over the twelve months ended June 30, 2026, Gray Media, Inc. generated 2.76B in revenue and converted that into -22.76M in net income, yielding earnings per share of -0.24. EBITDA reached 610.08M, while operating income came in at 397.39M.

As of June 30, 2026, Gray Media, Inc. holds 154.05M in cash and equivalents against 5.15B in total debt, resulting in a net debt position of 4.93B. Total book value stands at 1.86B, with working capital of -21.88M providing operational flexibility.

Gray Media, Inc. produced 218.83M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -91.03M in capital expenditures, free cash flow totaled 127.79M - equivalent to 1.35 per share.

Over the twelve months ended June 30, 2026, Gray Media, Inc. posted a gross margin of 26.05, reflecting its pricing power and cost economics. The operating margin of 14.42 and net profit margin of -0.83 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Gray Media, Inc. paid dividends of 0.80 per share. The dividend payout ratio of -94.83 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 38.61, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -16.57, meaning Gray Media, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Gray Media, Inc.'s most recent stock split took place on October 1, 1998 with a 2:3 split ratio.

As of June 30, 2026, Gray Media, Inc. has an Altman Z-Score of 2.91, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.