Gray Television Inc (GTN) — Capital Reinvestment Ratio
Gray Television Inc (GTN) has a Capital Reinvestment Ratio of 1.79x as of September 2025, meaning it reinvests 2% of its operating cash flow ($14.00 Million) in capital expenditures ($25.00 Million). See Gray Television Inc (GTN) net asset quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Gray Television Inc Capital Reinvestment Ratio (1990–2024)
This chart tracks Gray Television Inc's Capital Reinvestment Ratio across 35 annual periods. Check GTN cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Gray Television Inc (1990–2024)
Year-by-year Capital Reinvestment Ratio for Gray Television Inc from 1990 to 2024. For live market cap and broader valuation context, see GTN company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 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 | — |