Gray Operating Income from 2010 to 2026
| GTN Stock | USD 4.87 0.01 0.20% |
Operating Income | First Reported 1990-09-30 | Previous Quarter 82 M | Current Value 102 M | Quarterly Volatility 74.9 M |
Check Gray Television financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gray Television's main balance sheet or income statement drivers, such as Depreciation And Amortization of 324.8 M, Interest Expense of 585.6 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 0.0897, Dividend Yield of 0.27 or PTB Ratio of 0.11. Gray financial statements analysis is a perfect complement when working with Gray Television Valuation or Volatility modules.
Gray | Operating Income | Build AI portfolio with Gray Stock |
Evaluating Gray Television's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Gray Television's fundamental strength.
Latest Gray Television's Operating Income Growth Pattern
Below is the plot of the Operating Income of Gray Television over the last few years. Operating Income is the amount of profit realized from Gray Television operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gray Television is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Gray Television's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gray Television's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Gray Operating Income Regression Statistics
| Arithmetic Mean | 433,298,088 | |
| Geometric Mean | 258,585,886 | |
| Coefficient Of Variation | 81.24 | |
| Mean Deviation | 291,463,997 | |
| Median | 381,000,000 | |
| Standard Deviation | 351,997,093 | |
| Sample Variance | 123902T | |
| Range | 1B | |
| R-Value | 0.90 | |
| Mean Square Error | 26067.4T | |
| R-Squared | 0.80 | |
| Slope | 62,454,316 | |
| Total Sum of Squares | 1982431.3T |
Gray Operating Income History
Other Fundumenentals of Gray Television
Gray Television Operating Income component correlations
Click cells to compare fundamentals
About Gray Television Financial Statements
Gray Television investors utilize fundamental indicators, such as Operating Income, to predict how Gray Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 978.6 M | 1 B | |
| Non Operating Income Net Other | -4.6 M | -4.8 M |
Pair Trading with Gray Television
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gray Television position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gray Television will appreciate offsetting losses from the drop in the long position's value.Moving against Gray Stock
| 0.59 | RRTL | RTL Group SA | PairCorr |
| 0.59 | SES | SES SA | PairCorr |
| 0.51 | PSM | Prosiebensat 1 Media | PairCorr |
| 0.45 | RRTU | RTL GROUP UNSPADR | PairCorr |
| 0.44 | 3YC | STV GROUP PLC | PairCorr |
The ability to find closely correlated positions to Gray Television could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gray Television when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gray Television - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gray Television to buy it.
The correlation of Gray Television is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gray Television moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gray Television moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gray Television can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Gray Television Correlation against competitors. To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Will Broadcasting sector continue expanding? Could Gray diversify its offerings? Factors like these will boost the valuation of Gray Television. Market participants price Gray higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Gray Television data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 10.164 | Dividend Share 0.32 | Earnings Share 0.42 | Revenue Per Share | Quarterly Revenue Growth (0.21) |
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Gray Television's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.