Gray Television Inc (GTN-A) — Free Cash Flow Generation Index

Latest as of March 2026: -18.00x

Gray Television Inc (GTN-A) has a Free Cash Flow Generation Index of -18.00x as of March 2026. Free cash flow of $-18.00 Million represents -18% of operating cash flow ($1.00 Million). Read Gray Television Inc (GTN-A) financial obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

-18.00x
Free Cash Flow / Operating CF

Free Cash Flow

$-18.00 Million
USD

Operating Cash Flow

$1.00 Million
USD

Capital Expenditures

$19.00 Million
USD

Gray Television Inc Free Cash Flow Generation Index (1990–2025)

Historical FCF Generation Index trend for Gray Television Inc across 36 annual periods. Explore capital reinvestment ratio of Gray Television Inc to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Gray Television Inc (1990–2025)

Year-by-year Free Cash Flow Generation Index for Gray Television Inc. For the full company profile including market capitalisation, see GTN-A stock market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.63x $181.00 Million $289.00 Million $108.00 Million ▼ -22.6%
2024 0.81x $608.00 Million $751.00 Million $143.00 Million ▲ +74.9%
2023 0.46x $300.00 Million $648.00 Million $348.00 Million ▼ -2.3%
2022 0.47x $393.00 Million $829.00 Million $436.00 Million ▲ +52.9%
2021 0.31x $93.00 Million $300.00 Million $207.00 Million ▼ -62.7%
2020 0.83x $542.00 Million $652.00 Million $110.00 Million ▲ +16.4%
2019 0.71x $275.00 Million $385.00 Million $110.00 Million ▼ -8.8%
2018 0.78x $253.34 Million $323.32 Million $69.97 Million ▼ -3.1%
2017 0.81x $145.50 Million $180.01 Million $34.52 Million ▲ +2.4%
2016 0.79x $163.03 Million $206.63 Million $43.60 Million ▲ +2.4%
2015 0.77x $81.39 Million $105.61 Million $24.22 Million ▲ +1.4%
2014 0.76x $102.00 Million $134.22 Million $32.22 Million ▲ +26.5%
2013 0.60x $36.19 Million $60.24 Million $24.05 Million ▼ -17.2%
2012 0.73x $64.85 Million $89.37 Million $24.52 Million ▲ +99.3%
2011 0.36x $13.90 Million $38.17 Million $24.27 Million ▼ -25.9%
2010 0.49x $18.73 Million $38.13 Million $19.39 Million ▲ +709.7%
2009 0.06x $1.15 Million $18.90 Million $17.76 Million ▼ -92.2%
2008 0.78x $57.39 Million $73.67 Million $16.29 Million ▲ +526.5%
2007 0.12x $3.53 Million $28.36 Million $24.83 Million ▼ -74.4%
2006 0.48x $38.72 Million $79.86 Million $41.14 Million ▲ +83.7%
2005 0.26x $13.32 Million $50.48 Million $37.16 Million ▼ -59.2%
2004 0.65x $66.44 Million $102.74 Million $36.30 Million ▲ +0.7%
2003 0.64x $40.01 Million $62.32 Million $22.31 Million ▲ +43.0%
2002 0.45x $12.20 Million $27.17 Million $14.97 Million ▼ -0.4%
2001 0.45x $9.23 Million $20.47 Million $11.24 Million ▼ -39.8%
2000 0.75x $17.06 Million $22.76 Million $5.70 Million ▲ +114.8%
1999 -5.08x $-105.60 Million $20.80 Million $126.40 Million ▲ +8.6%
1998 -5.56x $-111.70 Million $20.10 Million $131.80 Million ▼ -7600.7%
1997 -0.07x $-700.00K $9.70 Million $10.40 Million ▼ -110.0%
1996 0.72x $8.70 Million $12.10 Million $3.40 Million ▲ +27.1%
1995 0.57x $4.30 Million $7.60 Million $3.30 Million ▼ -23.8%
1994 0.74x $5.20 Million $7.00 Million $1.80 Million ▲ +768.6%
1993 -0.11x $-100.00K $900.00K $1.00 Million ▼ -137.0%
1992 0.30x $1.20 Million $4.00 Million $2.80 Million ▲ +0.0%
1991 0.30x $1.20 Million $4.00 Million $2.80 Million ▼ -60.8%
1990 0.77x $4.90 Million $6.40 Million $1.50 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).