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. Explore Gray Television Inc (GTN) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore GTN total asset value for the complete picture of this company's asset base.
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 stock valuation.
| 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 | — |