Gray Television Inc (GTN) — Free Cash Flow Generation Index
Gray Television Inc (GTN) has a Free Cash Flow Generation Index of -0.79x as of September 2025. Free cash flow of $-11.00 Million represents -1% of operating cash flow ($14.00 Million). Explore GTN capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Gray Television Inc Free Cash Flow Generation Index (1990–2024)
Historical FCF Generation Index trend for Gray Television Inc across 35 annual periods. For the full cash flow conversion analysis, see GTN cash flow conversion.
Annual Free Cash Flow Generation for Gray Television Inc (1990–2024)
Year-by-year Free Cash Flow Generation Index for Gray Television Inc. Check GTN total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 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 | — |