Gray Media, Inc.
GTNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
3,644
Cost of Revenue
2,400
Gross Profit
1,244
Gross Margin
34.1%
Operating Income
851
Operating Margin
23.4%
Net Income
375
Net Margin
10.3%
EPS (Basic)
$3.40
EPS (Diluted)
$3.36
EBITDA
1,246
EBITDA Margin
34.2%
2023
12/31/2023
Revenue
3,281
Cost of Revenue
2,383
Gross Profit
898
Gross Margin
27.4%
Operating Income
383
Operating Margin
11.7%
Net Income
-76
Net Margin
-2.3%
EPS (Basic)
$-1.39
EPS (Diluted)
$-1.39
EBITDA
697
EBITDA Margin
21.2%
2022
12/31/2022
Revenue
3,676
Cost of Revenue
2,248
Gross Profit
1,428
Gross Margin
38.8%
Operating Income
990
Operating Margin
26.9%
Net Income
455
Net Margin
12.4%
EPS (Basic)
$4.38
EPS (Diluted)
$4.33
EBITDA
1,335
EBITDA Margin
36.3%
2021
12/31/2021
Revenue
2,413
Cost of Revenue
1,610
Gross Profit
803
Gross Margin
33.3%
Operating Income
381
Operating Margin
15.8%
Net Income
90
Net Margin
3.7%
EPS (Basic)
$0.40
EPS (Diluted)
$0.40
EBITDA
594
EBITDA Margin
24.6%
2020
12/31/2020
Revenue
2,381
Cost of Revenue
1,392
Gross Profit
989
Gross Margin
41.5%
Operating Income
752
Operating Margin
31.6%
Net Income
410
Net Margin
17.2%
EPS (Basic)
$3.73
EPS (Diluted)
$3.69
EBITDA
936
EBITDA Margin
39.3%