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Gray Television GTN Broadcasting — Goodwill

Other segment segments

Production Companies
$28M0.0%
All Other Segments
$0

Similar metrics at other companies

Nexstar Media Group, Inc. logo
NXSTReportable Broadcast — Goodwill Gross
$2.92B0.0%
GHC
GHCTelevision Broadcasting — Goodwill, Gross
$190.82M0.0%
Nexstar Media Group, Inc. logo
NXSTReportable Broadcast — Goodwill
$2.88B0.0%
GHC
GHCTelevision Broadcasting — Goodwill, Net
$190.82M0.0%
GHC
GHCTelevision Broadcasting — Impairment of goodwill
$0
GHC
GHCTelevision Broadcasting — Goodwill, Impaired, Accumulated Impairment Loss
$0

Other financials

Income statement

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Revenue$768.0M-1.8%
Operating income$81.0M-12.0%
Net income-$20.0M-122%
EPS (diluted)-$0.34-47.8%

Balance sheet

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Cash & equivalents$259.0M+23.3%
Total debt$5.8B+2.3%
Total equity$2.1B-6.3%
Total assets$10.3B-1.1%

Cash flow

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Operating cash flow$1.0M-99.2%
CapEx$19.0M+26.7%
Free cash flow-$18.0M-115%

Valuation

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Market cap$367.8M-15.6%
Enterprise value$5.92B+0.2%
P/S0.1×0.0×

Profitability

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Operating margin12.4%-10.4pp
Net margin-3.1%-10.8pp
FCF margin1.9%-17.6pp

Returns & leverage

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Return on equity-4.4%-17.3pp
Debt / equity2.8×+0.2×
Current ratio1.2×+0.3×

Where this comes from

Reported directly by Gray Television in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Gray Television’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gray Television's broadcasting — goodwill?
Gray Television (GTN) reported broadcasting — goodwill of $2.62B in Q1 2026.
How has Gray Television's broadcasting — goodwill changed year-over-year?
Gray Television's broadcasting — goodwill increased by 0.3% year-over-year, from $2.61B to $2.62B.
What is the long-term trend for Gray Television's broadcasting — goodwill?
Over 4 years (2021 to 2025), Gray Television's broadcasting — goodwill has grown at a 10.4% compound annual growth rate (CAGR), from $7.04B to $10.46B.
What does broadcasting — goodwill mean?
Reflects the intangible asset value recorded when the broadcasting segment acquires other businesses for a price exceeding the fair market value of their net identifiable assets. This metric represents the premium paid for market share, brand reputation, and synergies in the broadcasting sector. It is subject to periodic impairment testing and serves as a measure of historical acquisition activity.