Gray Historical Income Statement
| GTN Stock | USD 4.36 0.15 3.56% |
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.
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.
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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
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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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gray Television. It is also known as Gray Television overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.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.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 21st 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 |
Gray Television income statement Correlations
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Gray Television Account Relationship Matchups
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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 |
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.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.