Gray Media, Inc. (GTN.A)
NYSE: GTN.A · Real-Time Price · USD
5.64
0.00 (0.00%)
Aug 21, 2026, 4:00 PM EDT - Market closed
Gray Media Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -26 | -85 | 375 | -76 | 455 | 90 |
Depreciation & Amortization | 234 | 237 | 269 | 339 | 336 | 221 |
Other Amortization | 43 | 43 | 43 | 50 | 64 | 50 |
Loss (Gain) From Sale of Assets | 16 | -6 | 20 | 21 | -2 | 42 |
Asset Writedown & Restructuring Costs | 2 | 30 | - | 43 | - | - |
Loss (Gain) From Sale of Investments | 13 | 15 | -85 | 29 | 18 | - |
Stock-Based Compensation | 21 | 22 | 22 | 30 | 31 | 22 |
Other Operating Activities | -30 | -58 | -73 | -113 | -70 | -75 |
Change in Accounts Receivable | 26 | 132 | 5 | 308 | -26 | -30 |
Change in Accounts Payable | -10 | -10 | 52 | -32 | -5 | 22 |
Change in Unearned Revenue | -6 | -9 | 6 | -1 | 10 | -12 |
Change in Income Taxes | -57 | -10 | -9 | 33 | 1 | -48 |
Change in Other Net Operating Assets | 24 | -12 | 126 | 17 | 17 | 18 |
Operating Cash Flow | 250 | 289 | 751 | 648 | 829 | 300 |
Operating Cash Flow Growth | -69.81% | -61.52% | 15.90% | -21.83% | 176.33% | -53.99% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -104 | -108 | -143 | -348 | -436 | -207 |
Sale of Property, Plant & Equipment | 35 | 47 | 14 | 54 | 4 | 5 |
Cash Acquisitions | -264 | - | -1 | -6 | -58 | -3,765 |
Divestitures | - | - | - | 6 | - | 473 |
Investment in Securities | 12 | 16 | 103 | -14 | -16 | -49 |
Other Investing Activities | -18 | -18 | -1 | 17 | 3 | 9 |
Investing Cash Flow | -339 | -63 | -28 | -291 | -503 | -3,534 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,110 | 2,070 | 300 | - | 3,050 |
Long-Term Debt Repaid | - | -1,987 | -2,544 | -610 | -315 | -250 |
Net Debt Issued (Repaid) | 218 | 123 | -474 | -310 | -315 | 2,800 |
Repurchase of Common Stock | -9 | -5 | -4 | -5 | -57 | -37 |
Preferred Dividends Paid | -53 | -52 | -52 | -52 | -52 | -52 |
Common Dividends Paid | -34 | -33 | -32 | -30 | -30 | -31 |
Dividends Paid | -87 | -85 | -84 | -82 | -82 | -83 |
Other Financing Activities | -26 | -26 | -47 | - | - | -30 |
Financing Cash Flow | 66 | 7 | -609 | -397 | -454 | 2,650 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -23 | 233 | 114 | -40 | -128 | -584 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 146 | 181 | 608 | 300 | 393 | 93 |
Free Cash Flow Growth | -79.38% | -70.23% | 102.67% | -23.66% | 322.58% | -82.84% |
Free Cash Flow Margin | 4.64% | 5.85% | 16.68% | 9.14% | 10.69% | 3.85% |
Free Cash Flow Per Share | 1.49 | 1.87 | 6.33 | 3.26 | 4.23 | 0.98 |
Levered Free Cash Flow | 155.13 | 279.63 | 601.25 | 409.38 | 393.25 | 110.75 |
Unlevered Free Cash Flow | 435.75 | 559.88 | 889.38 | 671.38 | 598.5 | 226.88 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 385 | 393 | 394 | 419 | 339 | 178 |
Cash Income Tax Paid | 38 | 38 | 135 | 50 | 180 | 149 |
Change in Working Capital | -23 | 91 | 180 | 325 | -3 | -50 |