Gray Television is a television broadcast company headquartered in Atlanta, Georgia, that owns and/or operates television stations and leading digital assets in markets throughout the United States. Gray owns and operates television stations in 44 television markets broadcasting 139 program streams including 76 affiliates of the Big Four networks (ABC, CBS, NBC and FOX). Gray's owned and/or operated stations include 26 channels affiliated with the CBS Network, 24 channels affiliated with the NBC Network, 16 channels affiliated with the ABC Network and 10 channels affiliated with the FOX Network. The company owns and operates the number-one ranked television station in 29 of those 44 markets and the number-one or number-two ranked television station operations in 40 of those 44 markets. Gray reaches approximately 8.1 percent of total United States television households.

Employee Rating

2.9More
TypePublic
HQAtlanta, US
Founded1946
Size (employees)3,715 (est)
Websitegray.tv
Gray Television was founded in 1946 and is headquartered in Atlanta, US
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Gray Television Office Locations

Gray Television has an office in Atlanta
Atlanta, (HQ)
400 4370 Peachtree Rd
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Gray Television Financials and Metrics

Gray Television Revenue

Gray Television's revenue was reported to be $882.73 m in FY, 2017
USD

Revenue (Q3, 2018)

279.3m

Net income (Q3, 2018)

61.9m

EBIT (Q3, 2018)

108.4m

Market capitalization (12-Dec-2018)

1.6b

Closing stock price (12-Dec-2018)

17.5

Cash (30-Sep-2018)

550.9m
Gray Television's current market capitalization is $1.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

346.3m508.1m597.4m812.5m882.7m

Revenue growth, %

47%18%36%

Depreciation and amortization

336.0k12.0m16.6m25.1m

EBIT

83.9m153.8m140.1m234.1m291.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

88.3m91.3m107.2m131.7m133.3m143.5m151.1m173.7m196.6m204.5m203.5m226.7m219.0m226.3m250.3m279.3m

Depreciation and amortization

9.0k289.0k1.2m3.8m2.7m3.2m4.2m4.2m5.6m6.7m6.5m5.4m5.2m5.0m

EBIT

24.2m17.4m23.2m41.2m28.1m38.8m29.3m36.1m53.7m60.5m43.6m142.6m50.0m50.0m79.7m108.4m

EBIT margin, %

27%19%22%31%21%27%19%21%27%30%21%63%23%22%32%39%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

13.5m30.8m97.3m325.2m462.4m

Accounts Receivable

Inventories

Current Assets

130.6m168.3m285.5m536.3m666.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

18.3m48.1m39.3m62.3m262.0m

Depreciation and Amortization

24.4m8.3m48.7m62.5m77.0m

Inventories

Accounts Payable

133.0k2.2m(141.0k)518.0k2.1m
Quarterly
USDY, 2018

Financial Leverage

3 x
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Gray Television Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

CBS Network Affiliates

24 27 26 26 26 30 35 35 35 36 36 37

NBC Network Affiliates

14 24 24 24 24 22 26 26 26 27 27 29

Secondary Channels

60 80 100

Separate Programming Streams

110 139 139 140 140 150 175 180 180 185 190 200 200
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Gray Television Online and Social Media Presence

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Gray Television News and Updates

Gray Television Releases Findings From First National Political Poll

ATLANTA, Oct. 4, 2018 /PRNewswire/ -- Gray Television, Inc. (NYSE: GTN and GTN.A) today released results from the company's first ever national poll of congressional candidates ahead of the November U.S. midterm elections, assessing both presidential and candidate support and favorability ...

TV Advertising 2018 Global Market Key Players - CBS, Comcast, News, Viacom, Fisher Communication, Gray Television, LiveRail, Sinclair Broadcast Group.....

TV Advertising – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

Gray Television Reaches Agreement In Principle To Renew All Gray NBC Affiliations Nationwide

ATLANTA, Sept. 20, 2018 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) today announced that it has reached an agreement in principle with the NBC Network that extends and renews all of Gray's existing NBC network affiliations, which otherwise...

Loyola University, Gray Television Partner to Develop 'Producer Incubator Lab'

NEW ORLEANS: Together with Gray Television, Loyola University New Orleans' School of Mass Communication (SMC) is creating a student laboratory on campus, a "Producer Incubator Lab," that will introduce producers from Gray Television stations around the nation to Loyola to help coach and educate ...C…

Loyola University New Orleans School of Mass Communication Partners with Gray Television to Create a "Producer Incubator Lab"

NEW ORLEANS, July 24, 2018 /PRNewswire/ -- Loyola University New Orleans' award-winning School of Mass Communication is embarking on a new partnership with Gray Television to create a "Producer Incubator Lab." The new student laboratory on campus will bring producers from Gray Television...
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Gray Television Company Life and Culture

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Gray Television Frequently Asked Questions

  • When was Gray Television founded?

    Gray Television was founded in 1946.

  • How many employees does Gray Television have?

    Gray Television has 3,715 employees.

  • What is Gray Television revenue?

    Latest Gray Television annual revenue is $882.7 m.

  • What is Gray Television revenue per employee?

    Latest Gray Television revenue per employee is $237.6 k.

  • Who are Gray Television competitors?

    Competitors of Gray Television include 1 Mainstream, Sony Pictures Entertainment and ITV.

  • Where is Gray Television headquarters?

    Gray Television headquarters is located at 400 4370 Peachtree Rd, Atlanta.

  • Where are Gray Television offices?

    Gray Television has an office in Atlanta.

  • How many offices does Gray Television have?

    Gray Television has 1 office.