GRAY MEDIA, INC Cash Flow Statement
GTN|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Operating Cash Flow
$289M
FY2025
Free Cash Flow
$181M
FY2025
Capital Expenditures
$108M
Cash used for long-term assets
Dividends Paid
$33M
FY2025
GRAY MEDIA, INC generated $289M in operating cash flow and $181M in free cash flow in FY2025. Free cash flow margin was 5.8% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.63 (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- High leverage: Debt-to-equity ratio of 2.65
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -$85.0M | $375.0M | -$76.0M | $455.0M | $90.0M | $410.0M | $179.0M | $211.0M | $262.0M | $62.3M | $39.3M | $48.1M | $18.3M | $28.1M | $9.0M |
| Depreciation & Amortization | $237.0M | $269.0M | $339.0M | $336.0M | $221.0M | $201.0M | $195.0M | $75.0M | - | - | - | - | - | - | - |
| Operating Cash Flow | $289.0M | $751.0M | $648.0M | $829.0M | $300.0M | $652.0M | $385.0M | $323.0M | $180.0M | $210.1M | $106.7M | $134.2M | $60.2M | $89.4M | $38.2M |
| Capital Expenditures | $108.0M | $143.0M | $348.0M | $436.0M | $207.0M | $110.0M | $110.0M | $70.0M | $35.0M | $43.6M | $24.2M | $32.2M | $24.1M | $24.5M | $24.3M |
| Free Cash Flow | $181.0M | $608.0M | $300.0M | $393.0M | $93.0M | $542.0M | $275.0M | $253.0M | $145.0M | $166.5M | $82.5M | $102.0M | $36.2M | $64.8M | $13.9M |
| Share Buybacks | - | $0 | $0 | $50.0M | $30.0M | $75.0M | $32.0M | $19.0M | $4.0M | $2.0M | $0 | - | - | - | - |
| Dividends Paid | $33.0M | $32.0M | $30.0M | $30.0M | $31.0M | $0 | $0 | - | $0 | $0 | $0 | $0 | - | - | $6.6M |
| FCF Margin | 5.9% | 16.7% | 9.1% | 10.7% | 3.9% | 22.8% | 13.0% | 23.3% | 16.4% | 20.5% | 13.8% | 20.1% | 10.4% | 16.0% | 4.5% |