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Gray Television GTN Preferred Stock Redemption Discount

Preferred Stock Redemption Discount at other companies

SHO
Sunstone Hotel InvestorsSHO
$4.53M+5,823%
Gray Television logo
Gray TelevisionGTN
$20M
Gray Television logo
Gray TelevisionGTN
$20M
EFC
Ellington Financial Inc.EFC
$0
Wesco International logo
Wesco InternationalWCC
$5.3M
EFC
Ellington Financial Inc.EFC
$0

Other financials

Income statement

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Revenue$839.0M+8.7%
Operating income$136.0M+65.9%
Net income$14.0M+125%
EPS (diluted)$0.21+130%

Balance sheet

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Cash & equivalents$176.0M-11.6%
Total debt$5.9B+4.0%
Total equity$2.1B-2.4%
Total assets$10.4B+0.8%

Cash flow

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Operating cash flow$123.0M+297%
CapEx$17.0M-32.0%
Free cash flow$106.0M+1,667%

Valuation

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Market cap$512.86M-0.7%
Enterprise value$6.22B+4.1%
P/S0.2×0.0×

Profitability

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Operating margin13.8%-7.3pp
Net margin-0.8%-6.5pp
FCF margin5%-15.0pp

Returns & leverage

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Return on equity-1.2%-10.6pp
Debt / equity2.8×+0.2×
Current ratio+0.1×

Where this comes from

Reported directly by Gray Television in its filing.

Tagged under the XBRL concept us-gaap:PreferredStockRedemptionDiscount.

The source filing: Gray Television’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026498
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Income tax expense (benefit)521(3)6
Net income (loss)14(56)(6)(65)
Preferred stock dividends(13)(13)(26)(26)
Deemed contribution on repurchase of Series A Perpetual Preferred Stock (Note 7)20-20-
Net income (loss) attributable to common stockholders$21$(69)$(12)$(91)
Basic per share information:
Net income (loss) attributable to common stockholders$0.21$(0.71)$(0.12)$(0.95)
Weighted-average shares outstanding98979896

Item 1. Financial Statements

FAQ

What is Gray Television's preferred stock redemption discount?
Gray Television (GTN) reported preferred stock redemption discount of $20M in Q2 2026.
What does preferred stock redemption discount mean?
Preferred Stock Redemption Discount

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