Gray Historical Income Statement

GTN Stock

USD 4.37 0.01 0.23%

Historical analysis of Gray Television income statement accounts such as Total Revenue of 3.4 B or Gross Profit of 588 M can show how well Gray Television performed in making a profits. Evaluating Gray Television income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gray Television's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Gray Television latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gray Television is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.

About Gray Income Statement Analysis

Gray Television Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Gray Television shareholders. The income statement also shows Gray investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Gray Television Income Statement Chart

At this time, Gray Television's EBIT is very stable compared to the past year. As of the 25th of November 2024, EBITDA is likely to grow to about 731.9 M, though Income Before Tax is likely to grow to (77.9 M).

Total Revenue Gross Profit Operating Income Net Income Applicable To Common Shares Non Operating Income Net Other

Total Revenue

Total revenue comprises all receipts Gray Television generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Gray Television minus its cost of goods sold. It is profit before Gray Television operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

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. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

Most accounts from Gray Television's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gray Television current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.At this time, Gray Television's EBIT is very stable compared to the past year. As of the 25th of November 2024, EBITDA is likely to grow to about 731.9 M, though Income Before Tax is likely to grow to (77.9 M).

	2021	2022	2023	2024 (projected)
Interest Expense	205M	354M	440M	462M
Depreciation And Amortization	221M	336M	339M	356.0M

Interest Expense Depreciation And Amortization

Gray Television income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.97	0.99	0.78	0.99	0.74	0.73	0.87	0.99	0.99	0.25	-0.96	0.19	0.33	0.93	0.56	-0.23	0.43	0.61	0.97	-0.96	0.94	-0.66	-0.66
Interest Expense	0.97		0.96	0.67	0.98	0.64	0.63	0.79	0.99	0.99	0.1	-0.96	0.05	0.21	0.94	0.45	-0.2	0.43	0.52	0.99	-0.98	0.9	-0.76	-0.76
Total Revenue	0.99	0.96		0.85	0.99	0.81	0.8	0.92	0.98	0.98	0.36	-0.94	0.3	0.44	0.96	0.62	-0.25	0.47	0.67	0.95	-0.94	0.95	-0.57	-0.57
Gross Profit	0.78	0.67	0.85		0.77	0.98	0.98	0.98	0.72	0.73	0.78	-0.69	0.71	0.77	0.76	0.83	-0.25	0.44	0.81	0.68	-0.65	0.82	-0.1	-0.1
Other Operating Expenses	0.99	0.98	0.99	0.77		0.73	0.72	0.86	1.0	1.0	0.23	-0.96	0.17	0.33	0.97	0.53	-0.24	0.46	0.6	0.98	-0.97	0.94	-0.66	-0.66
Operating Income	0.74	0.64	0.81	0.98	0.73		1.0	0.97	0.68	0.69	0.82	-0.64	0.78	0.75	0.71	0.91	-0.31	0.43	0.78	0.65	-0.62	0.77	-0.1	-0.1
Ebit	0.73	0.63	0.8	0.98	0.72	1.0		0.97	0.67	0.68	0.83	-0.64	0.77	0.79	0.7	0.89	-0.24	0.41	0.82	0.63	-0.61	0.76	-0.08	-0.08
Ebitda	0.87	0.79	0.92	0.98	0.86	0.97	0.97		0.82	0.83	0.68	-0.79	0.62	0.68	0.82	0.83	-0.25	0.44	0.8	0.79	-0.77	0.88	-0.28	-0.28
Cost Of Revenue	0.99	0.99	0.98	0.72	1.0	0.68	0.67	0.82		1.0	0.16	-0.97	0.11	0.27	0.96	0.49	-0.22	0.44	0.56	0.99	-0.98	0.93	-0.71	-0.71
Total Operating Expenses	0.99	0.99	0.98	0.73	1.0	0.69	0.68	0.83	1.0		0.17	-0.97	0.12	0.28	0.97	0.49	-0.22	0.46	0.57	0.99	-0.98	0.93	-0.7	-0.7
Income Before Tax	0.25	0.1	0.36	0.78	0.23	0.82	0.83	0.68	0.16	0.17		-0.12	0.98	0.81	0.23	0.85	-0.27	0.27	0.63	0.11	-0.08	0.33	0.43	0.43
Total Other Income Expense Net	-0.96	-0.96	-0.94	-0.69	-0.96	-0.64	-0.64	-0.79	-0.97	-0.97	-0.12		-0.04	-0.32	-0.92	-0.42	0.02	-0.3	-0.63	-0.98	0.98	-0.95	0.68	0.68
Net Income	0.19	0.05	0.3	0.71	0.17	0.78	0.77	0.62	0.11	0.12	0.98	-0.04		0.67	0.16	0.88	-0.44	0.28	0.47	0.06	-0.02	0.26	0.44	0.44
Income Tax Expense	0.33	0.21	0.44	0.77	0.33	0.75	0.79	0.68	0.27	0.28	0.81	-0.32	0.67		0.36	0.58	0.25	0.19	0.91	0.23	-0.21	0.45	0.29	0.29
Selling General Administrative	0.93	0.94	0.96	0.76	0.97	0.71	0.7	0.82	0.96	0.97	0.23	-0.92	0.16	0.36		0.46	-0.21	0.55	0.59	0.93	-0.91	0.9	-0.59	-0.59
Net Income From Continuing Ops	0.56	0.45	0.62	0.83	0.53	0.91	0.89	0.83	0.49	0.49	0.85	-0.42	0.88	0.58	0.46		-0.5	0.32	0.58	0.46	-0.43	0.56	-0.02	-0.02
Non Recurring	-0.23	-0.2	-0.25	-0.25	-0.24	-0.31	-0.24	-0.25	-0.22	-0.22	-0.27	0.02	-0.44	0.25	-0.21	-0.5		-0.39	0.31	-0.17	0.13	-0.15	0.06	0.06
Non Operating Income Net Other	0.43	0.43	0.47	0.44	0.46	0.43	0.41	0.44	0.44	0.46	0.27	-0.3	0.28	0.19	0.55	0.32	-0.39		0.18	0.38	-0.36	0.36	-0.19	-0.19
Tax Provision	0.61	0.52	0.67	0.81	0.6	0.78	0.82	0.8	0.56	0.57	0.63	-0.63	0.47	0.91	0.59	0.58	0.31	0.18		0.55	-0.54	0.67	-0.1	-0.1
Interest Income	0.97	0.99	0.95	0.68	0.98	0.65	0.63	0.79	0.99	0.99	0.11	-0.98	0.06	0.23	0.93	0.46	-0.17	0.38	0.55		-1.0	0.92	-0.74	-0.74
Net Interest Income	-0.96	-0.98	-0.94	-0.65	-0.97	-0.62	-0.61	-0.77	-0.98	-0.98	-0.08	0.98	-0.02	-0.21	-0.91	-0.43	0.13	-0.36	-0.54	-1.0		-0.93	0.73	0.73
Reconciled Depreciation	0.94	0.9	0.95	0.82	0.94	0.77	0.76	0.88	0.93	0.93	0.33	-0.95	0.26	0.45	0.9	0.56	-0.15	0.36	0.67	0.92	-0.93		-0.45	-0.45
Extraordinary Items	-0.66	-0.76	-0.57	-0.1	-0.66	-0.1	-0.08	-0.28	-0.71	-0.7	0.43	0.68	0.44	0.29	-0.59	-0.02	0.06	-0.19	-0.1	-0.74	0.73	-0.45		1.0
Selling And Marketing Expenses	-0.66	-0.76	-0.57	-0.1	-0.66	-0.1	-0.08	-0.28	-0.71	-0.7	0.43	0.68	0.44	0.29	-0.59	-0.02	0.06	-0.19	-0.1	-0.74	0.73	-0.45	1.0

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Gray Television Account Relationship Matchups

Gray Television income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	145M	201M	221M	336M	339M	356.0M
Interest Expense	227M	191M	205M	354M	440M	462M
Total Revenue	2.1B	2.4B	2.4B	3.7B	3.3B	3.4B
Gross Profit	723M	989M	803M	1.4B	560M	588M
Other Operating Expenses	1.7B	1.7B	1.9B	2.7B	2.9B	3.0B
Operating Income	478M	752M	381M	990M	383M	402.2M
Ebit	478M	735M	373M	999M	358M	375.9M
Ebitda	623M	936M	594M	1.3B	697M	731.9M
Cost Of Revenue	1.4B	1.4B	1.6B	2.2B	2.7B	2.9B
Total Operating Expenses	299M	266M	309M	438M	516M	541.8M
Income Before Tax	255M	544M	168M	614M	(82M)	(77.9M)
Total Other Income Expense Net	(223M)	(208M)	(213M)	(376M)	(465M)	(441.8M)
Net Income	179M	410M	90M	455M	(76M)	(72.2M)
Income Tax Expense	76M	134M	78M	159M	(6M)	(5.7M)
Selling General Administrative	104M	65M	88M	102M	112M	117.6M
Net Income Applicable To Common Shares	127M	358M	38M	403M	463.5M	486.6M
Net Income From Continuing Ops	179M	410M	90M	455M	119M	182.1M
Non Operating Income Net Other	4M	(17M)	(8M)	(4M)	(4.6M)	(4.8M)
Tax Provision	76M	134M	78M	159M	55M	70.9M
Interest Income	227M	191M	205M	354M	407.1M	427.5M
Net Interest Income	(227M)	(191M)	(205M)	(354M)	(424M)	(402.8M)
Reconciled Depreciation	234M	239M	259M	384M	378M	265.2M

When determining whether Gray Television offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gray Television Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock:

How To Invest In Gray

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Is Gray Stock a good investment?

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What is Gray Television's Net Worth?

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To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

10.164

Dividend Share

0.32

Earnings Share

1.5

Revenue Per Share

36.743

Quarterly Revenue Growth

0.183

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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Gray Historical Income Statement

About Gray Income Statement Analysis

Gray Television Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Net Income Applicable To Common Shares

Gray Television income statement Correlations

Gray Television Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gray Television income statement Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Total Operating Expenses	+ 1.0	Cost Of Revenue
Selling And Marketing Expenses	+ 1.0	Extraordinary Items
Total Revenue	+ 0.99	Depreciation And Amortization

Net Interest Income	- 1.0	Interest Income
Interest Income	- 0.98	Total Other Income Expense Net
Net Interest Income	- 0.98	Total Operating Expenses
Net Interest Income	- 0.98	Cost Of Revenue
Net Interest Income	- 0.98	Interest Expense
Total Other Income Expense Net	- 0.97	Total Operating Expenses