Gray Television Inc Capital Reinvestment Ratio
Gray Television Inc capital reinvestment ratio. Gray Television Inc (GTN-A) has a Capital Reinvestment Ratio of 19.00x as of March 2026, meaning it reinvests 19% of its operating cash flow ($1.00 Million) in capital expenditures ($19.00 Million). Check total reinvestment intensity of Gray Television Inc to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Gray Television Inc (1990–2025)
Capital reinvestment ratio of Gray Television Inc from 1990 to 2025. This chart tracks Gray Television Inc's Capital Reinvestment Ratio across 36 annual periods. Also explore Gray Television Inc equity growth rate to track the company's year-over-year net asset growth rate.
Gray Television Inc Capital Reinvestment Ratio by Year (1990–2025)
Gray Television Inc capital reinvestment ratio by year from 1990 to 2025. For the full cash flow conversion analysis, see GTN-A cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.37x | $289.00 Million | $108.00 Million | ▲ +96.3% |
| 2024 | 0.19x | $751.00 Million | $143.00 Million | ▼ -64.5% |
| 2023 | 0.54x | $648.00 Million | $348.00 Million | ▲ +2.1% |
| 2022 | 0.53x | $829.00 Million | $436.00 Million | ▼ -23.8% |
| 2021 | 0.69x | $300.00 Million | $207.00 Million | ▲ +309.0% |
| 2020 | 0.17x | $652.00 Million | $110.00 Million | ▼ -41.0% |
| 2019 | 0.29x | $385.00 Million | $110.00 Million | ▲ +32.0% |
| 2018 | 0.22x | $323.32 Million | $69.97 Million | ▲ +12.9% |
| 2017 | 0.19x | $180.01 Million | $34.52 Million | ▼ -9.1% |
| 2016 | 0.21x | $206.63 Million | $43.60 Million | ▼ -8.0% |
| 2015 | 0.23x | $105.61 Million | $24.22 Million | ▼ -4.4% |
| 2014 | 0.24x | $134.22 Million | $32.22 Million | ▼ -39.9% |
| 2013 | 0.40x | $60.24 Million | $24.05 Million | ▲ +45.5% |
| 2012 | 0.27x | $89.37 Million | $24.52 Million | ▼ -56.8% |
| 2011 | 0.64x | $38.17 Million | $24.27 Million | ▲ +25.0% |
| 2010 | 0.51x | $38.13 Million | $19.39 Million | ▼ -45.8% |
| 2009 | 0.94x | $18.90 Million | $17.76 Million | ▲ +324.9% |
| 2008 | 0.22x | $73.67 Million | $16.29 Million | ▼ -74.8% |
| 2007 | 0.88x | $28.36 Million | $24.83 Million | ▲ +70.0% |
| 2006 | 0.52x | $79.86 Million | $41.14 Million | ▼ -30.0% |
| 2005 | 0.74x | $50.48 Million | $37.16 Million | ▲ +108.4% |
| 2004 | 0.35x | $102.74 Million | $36.30 Million | ▼ -1.3% |
| 2003 | 0.36x | $62.32 Million | $22.31 Million | ▼ -35.0% |
| 2002 | 0.55x | $27.17 Million | $14.97 Million | ▲ +0.3% |
| 2001 | 0.55x | $20.47 Million | $11.24 Million | ▲ +119.2% |
| 2000 | 0.25x | $22.76 Million | $5.70 Million | ▼ -95.9% |
| 1999 | 6.08x | $20.80 Million | $126.40 Million | ▼ -7.3% |
| 1998 | 6.56x | $20.10 Million | $131.80 Million | ▲ +511.6% |
| 1997 | 1.07x | $9.70 Million | $10.40 Million | ▲ +281.6% |
| 1996 | 0.28x | $12.10 Million | $3.40 Million | ▼ -35.3% |
| 1995 | 0.43x | $7.60 Million | $3.30 Million | ▲ +68.9% |
| 1994 | 0.26x | $7.00 Million | $1.80 Million | ▼ -76.9% |
| 1993 | 1.11x | $900.00K | $1.00 Million | ▲ +58.7% |
| 1992 | 0.70x | $4.00 Million | $2.80 Million | ▲ +0.0% |
| 1991 | 0.70x | $4.00 Million | $2.80 Million | ▲ +198.7% |
| 1990 | 0.23x | $6.40 Million | $1.50 Million | — |