profit from every $100 of sales.

Gray Media
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Gray Media sold, what it kept, and what it did with the cash.
Sales went from $3.68 billion in 2022 to $3.10 billion in 2025, with -$85.0 million of profit last year.
Gray Media handed back 47% of the cash it generated last year.
AI analysis
An AI analyst reads Gray Media's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,676 | 3,281 | 3,644 | 3,095 | |
| 1,428 | 898 | 1,244 | 761 | |
| 988 | 447 | 871 | 411 | |
| 1,352 | 734 | 1,274 | 625 | |
| 455 | -76 | 375 | -85 | |
| 4.33 | -1.39 | 3.36 | -1.41 | |
| 38.8% | 27.4% | 34.1% | 24.6% | |
| 26.9% | 13.6% | 23.9% | 13.3% | |
| 12.4% | -2.3% | 10.3% | -2.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 11,152 | 10,640 | 10,542 | 10,440 |
| Cash | 61 | 21 | 135 | 368 |
| Total debt | 6,533 | 6,240 | 5,693 | 5,813 |
| Total liabilities | 8,386 | 8,019 | 7,609 | 7,635 |
| 2,766 | 2,621 | 2,933 | 2,805 | |
| 93 | 92 | 96 | 97 | |
| 8.2% | 3.2% | 8.9% | 3.3% | |
| 16.4% | -2.9% | 12.8% | -3.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 829 | 648 | 751 | 289 | |
| 436 | 348 | 143 | 108 | |
| 393 | 300 | 608 | 181 | |
| Dividends paid | 82 | 82 | 84 | 85 |
| 50 | 0 | 0 | – | |
| 31 | 30 | 22 | 22 |
Valuation
- –
- –
- –
- –
- 0.2×
- 3.3×
- 9.7×
- 30.5%
- -14.3%
- 14.3%
Profitability
- 24.6%
- 13.3%
- -2.7%
- –
- –
- 0.0%
- –
- –
- –
- –
Growth
- −5.6%
- –
- –
- –
- +0.0%
Financial health
- –
- –
- –
- –
- –
- –
- –
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
: 47.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Gray Media
Is Gray Media a good stock to buy?
A business with weak numbers that is not profitable yet. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Gray Media AI analysis
Does Gray Media pay a dividend?
Yes. At today's price the dividend is 14.3% a year. In 2025 it paid out $85.0 million in dividends.
Is Gray Media stock halal?
No. Gray Media does not pass our halal screen: its debt is 980% of its market value, at or above the 33% limit. How we check
How has Gray Media stock done over the past year?
Down 23.4% over the past twelve months, to $5.76. It traded between $4.71 and $14.06 and is 59.0% below its high.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.