Gray Television Overview
Latest ROE for Gray Television: -0.3% — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow-0.30%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Gray Television's return on equity stands at -0.3%. That is below the Telecommunications sector average of 10.4%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Gray Television sits lower the Telecommunications benchmark (10.4%) with a ROE of -0.3%. That is roughly 102.9% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of -0.3% for Gray Television means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Gray Television's ROE evolved across reporting periods, while the comparison chart places GTN.A next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Telecommunications, ROE is commonly used to spot outliers. Gray Television's reading of -0.3% (sector avg 10.4%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.
