Gray Media Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	-96	-85	375	-76	455	90
Depreciation & Amortization	239	237	269	339	336	221
Other Amortization	43	43	43	50	64	50
Loss (Gain) From Sale of Assets	-3	-6	20	21	-2	42
Asset Writedown & Restructuring Costs	30	30	-	43	-	-
Loss (Gain) From Sale of Investments	6	15	-85	29	18	-
Stock-Based Compensation	23	22	22	30	31	22
Other Operating Activities	-44	-58	-73	-113	-70	-75
Change in Accounts Receivable	22	132	5	308	-26	-30
Change in Accounts Payable	-20	-10	52	-32	-5	22
Change in Unearned Revenue	-	-9	6	-1	10	-12
Change in Income Taxes	-15	-10	-9	33	1	-48
Change in Other Net Operating Assets	-27	-12	126	17	17	18
Operating Cash Flow	158	289	751	648	829	300
Operating Cash Flow Growth	-80.61%	-61.52%	15.90%	-21.83%	176.33%	-53.99%
Capital Expenditures	-112	-108	-143	-348	-436	-207
Sale of Property, Plant & Equipment	37	47	14	54	4	5
Cash Acquisitions	-67	-	-1	-6	-58	-3,765
Divestitures	-	-	-	6	-	473
Investment in Securities	33	16	103	-14	-16	-49
Other Investing Activities	-16	-18	-1	17	3	9
Investing Cash Flow	-125	-63	-28	-291	-503	-3,534
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)	138	123	-474	-310	-315	2,800
Repurchase of Common Stock	-10	-5	-4	-5	-57	-37
Preferred Dividends Paid	-52	-52	-52	-52	-52	-52
Common Dividends Paid	-34	-33	-32	-30	-30	-31
Dividends Paid	-86	-85	-84	-82	-82	-83
Other Financing Activities	-26	-26	-47	-	-	-30
Financing Cash Flow	16	7	-609	-397	-454	2,650
Net Cash Flow	49	233	114	-40	-128	-584
Free Cash Flow	46	181	608	300	393	93
Free Cash Flow Growth	-93.34%	-70.23%	102.67%	-23.66%	322.58%	-82.84%
Free Cash Flow Margin	1.49%	5.85%	16.68%	9.14%	10.69%	3.85%
Free Cash Flow Per Share	0.47	1.87	6.33	3.26	4.23	0.98
Cash Interest Paid	431	393	394	419	339	178
Cash Income Tax Paid	38	38	135	50	180	149
Levered Free Cash Flow	114.63	279.63	601.25	409.38	393.25	110.75
Unlevered Free Cash Flow	394.25	559.88	889.38	671.38	598.5	226.88
Change in Working Capital	-40	91	180	325	-3	-50

SEC Filings: 10-K · 10-Q