Gray Television Inc (GTN) — Cash Flow Reinvestment Rate
Gray Television Inc (GTN) has a Cash Flow Reinvestment Rate of 3.21x as of September 2025, reinvesting $45.00 Million (capex $25.00 Million plus investments $-20.00 Million) from operating cash flow of $14.00 Million. Check Gray Television Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Gray Television Inc Cash Flow Reinvestment Rate (1990–2024)
Historical reinvestment intensity for Gray Television Inc across 35 annual periods. Explore GTN long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Gray Television Inc (1990–2024)
Year-by-year capital reinvestment analysis for Gray Television Inc. For live market cap and broader valuation context, see Gray Television Inc market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.23x | $171.00 Million | $751.00 Million | $143.00 Million | ▼ -80.3% |
| 2023 | 1.15x | $748.00 Million | $648.00 Million | $348.00 Million | ▲ +111.7% |
| 2022 | 0.55x | $452.00 Million | $829.00 Million | $436.00 Million | ▼ -36.1% |
| 2021 | 0.85x | $256.00 Million | $300.00 Million | $207.00 Million | ▲ +252.1% |
| 2020 | 0.24x | $158.00 Million | $652.00 Million | $110.00 Million | ▼ -96.6% |
| 2019 | 7.18x | $2.77 Billion | $385.00 Million | $110.00 Million | ▲ +1879.4% |
| 2018 | 0.36x | $117.35 Million | $323.32 Million | $69.97 Million | ▼ -83.0% |
| 2017 | 2.13x | $384.31 Million | $180.01 Million | $34.52 Million | ▼ -15.6% |
| 2016 | 2.53x | $522.94 Million | $206.63 Million | $43.60 Million | ▲ +1003.5% |
| 2015 | 0.23x | $24.22 Million | $105.61 Million | $24.22 Million | ▼ -4.4% |
| 2014 | 0.24x | $32.22 Million | $134.22 Million | $32.22 Million | ▼ -39.9% |
| 2013 | 0.40x | $24.05 Million | $60.24 Million | $24.05 Million | ▲ +45.5% |
| 2012 | 0.27x | $24.52 Million | $89.37 Million | $24.52 Million | ▼ -56.8% |
| 2011 | 0.64x | $24.27 Million | $38.17 Million | $24.27 Million | ▲ +25.0% |
| 2010 | 0.51x | $19.39 Million | $38.13 Million | $19.39 Million | ▼ -45.8% |
| 2009 | 0.94x | $17.76 Million | $18.90 Million | $17.76 Million | ▲ +324.9% |
| 2008 | 0.22x | $16.29 Million | $73.67 Million | $16.29 Million | ▼ -74.8% |
| 2007 | 0.88x | $24.83 Million | $28.36 Million | $24.83 Million | ▲ +70.0% |
| 2006 | 0.52x | $41.14 Million | $79.86 Million | $41.14 Million | ▼ -30.0% |
| 2005 | 0.74x | $37.16 Million | $50.48 Million | $37.16 Million | ▲ +108.4% |
| 2004 | 0.35x | $36.30 Million | $102.74 Million | $36.30 Million | ▼ -1.3% |
| 2003 | 0.36x | $22.31 Million | $62.32 Million | $22.31 Million | ▼ -35.0% |
| 2002 | 0.55x | $14.97 Million | $27.17 Million | $14.97 Million | ▲ +0.3% |
| 2001 | 0.55x | $11.24 Million | $20.47 Million | $11.24 Million | ▲ +119.2% |
| 2000 | 0.25x | $5.70 Million | $22.76 Million | $5.70 Million | ▼ -95.9% |
| 1999 | 6.08x | $126.40 Million | $20.80 Million | $126.40 Million | ▼ -7.3% |
| 1998 | 6.56x | $131.80 Million | $20.10 Million | $131.80 Million | ▲ +511.6% |
| 1997 | 1.07x | $10.40 Million | $9.70 Million | $10.40 Million | ▲ +281.6% |
| 1996 | 0.28x | $3.40 Million | $12.10 Million | $3.40 Million | ▼ -35.3% |
| 1995 | 0.43x | $3.30 Million | $7.60 Million | $3.30 Million | ▲ +68.9% |
| 1994 | 0.26x | $1.80 Million | $7.00 Million | $1.80 Million | ▼ -76.9% |
| 1993 | 1.11x | $1.00 Million | $900.00K | $1.00 Million | ▲ +58.7% |
| 1992 | 0.70x | $2.80 Million | $4.00 Million | $2.80 Million | ▲ +0.0% |
| 1991 | 0.70x | $2.80 Million | $4.00 Million | $2.80 Million | ▲ +198.7% |
| 1990 | 0.23x | $1.50 Million | $6.40 Million | $1.50 Million | — |