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Gray Television GTN Interest coverage

Interest coverage at other companies

Nexstar Media Group, Inc. logo
Nexstar Media Group, Inc.NXST
2.2×
iHeartMedia, Inc. logo
iHeartMedia, Inc.IHRT
-0.3×-0.1×
MGN
MagniteMGNI
5.8×+3.2×
PSK
Paramount Skydance Corporation Class B Common StockPSKY
-0.5×
AMC Networks Inc. logo
AMC Networks Inc.AMCX
-0.4×-1.8×
New York Times logo
New York TimesNYT
11.7×+2.2×

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

Calculated from Gray Television’s reported figures.

Based on trailing twelve months.

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 interest coverage?
Gray Television (GTN) reported interest coverage of 0.8× in Q1 2026.
How has Gray Television's interest coverage changed year-over-year?
Gray Television's interest coverage decreased by 52.0% year-over-year, from 1.7× to 0.8×.
What is the long-term trend for Gray Television's interest coverage?
Over 5 years (2020 to 2025), Gray Television's interest coverage has grown at a -26.8% compound annual growth rate (CAGR), from 3.9× to 0.8×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.