Gray Television
GTN
#6385
Rank
ยฃ0.41 B
Marketcap
ยฃ4.01
Share price
2.53%
Change (1 day)
-32.72%
Change (1 year)

Operating Margin for Gray Television (GTN)

Operating Margin as of September 2024 (TTM): -2.49%

According to Gray Television 's latest financial reports and stock price the company's current Operating Margin is -2.49%. At the end of 2023 the company had an Operating Margin of -2.50%.

Operating Margin history for Gray Television from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.50%-114.96%
202216.70%139.91%
20216.96%-69.53%
202022.85%90.13%
201912.02%-54.77%
201826.57%21.55%
201721.86%68.02%
201613.01%18.19%
201511.01%-29.91%
201415.70%73%
20139.08%-22.34%
201211.69%164.46%
20114.42%-58.22%
201010.58%-183.37%
2009-12.69%-86.74%
2008-95.68%723.67%
2007-11.62%-279.16%
20066.48%103.65%
20053.18%-84.29%
200420.26%156.46%
20037.90%-26.8%
200210.79%-187.48%
2001-12.34%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-14.72% 491.16%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12%-426.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.79% 253.01%๐Ÿ‡บ๐Ÿ‡ธ USA
-42.19% 1,594.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.05% 22.49%๐Ÿ‡บ๐Ÿ‡ธ USA
5.36%-315.26%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.