TGNA · Tegna Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $650.79M | $675.04M | $680.05M | - | $806.83M | $710.36M | $714.25M | - | $713.24M |
| Cost of Revenue | - | $422.12M | $422.90M | $440.99M | - | $437.86M | $432.04M | $430.57M | - | $438.26M |
| Gross Profit | - | $228.67M | $252.15M | $239.06M | - | $368.97M | $278.32M | $283.69M | - | $274.98M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $89.90M | $95.00M | $95.55M | - | $96.88M | $94.94M | $102.26M | - | $98.39M |
| Total Operating Expenses | - | $558.67M | $552.63M | $571.03M | - | $576.93M | $568.50M | $576.69M | - | $578.59M |
| D&A | - | $15.00M | $15.80M | $24.33M | - | $15.54M | $15.17M | $27.97M | - | $15.08M |
| Operating Income | - | $92.12M | $122.41M | $109.02M | - | $229.89M | $141.86M | $137.56M | - | $134.66M |
| Interest Expense | - | $39.03M | $41.75M | $42.37M | - | $43.42M | $41.75M | $42.37M | - | $43.42M |
| Income Tax | - | $16.81M | $20.26M | $15.16M | - | $44.74M | $21.21M | $61.26M | - | $27.80M |
| Net Income | - | $37.12M | $67.92M | $58.67M | - | $147.45M | $82.14M | $189.56M | - | $96.18M |
| EPS - Basic | - | $0.23 | $0.42 | $0.36 | - | $0.89 | $0.48 | $1.06 | - | $0.48 |
| EPS - Diluted | - | $0.23 | $0.42 | $0.36 | - | $0.89 | $0.48 | $1.06 | - | $0.48 |
Balance Sheet
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $291.24M | $232.78M | $756.54M | $716.65M | $693.21M | $536.25M | $445.73M | $430.76M | $361.04M | $553.03M |
| Accounts Receivable | $603.52M | $576.47M | $583.65M | $594.83M | $604.30M | $608.79M | $605.23M | $604.54M | $624.45M | $607.32M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $93.28M | $83.62M | $85.43M | $88.83M | $87.34M | $91.96M | $79.13M | $80.00M | $114.95M | $85.90M |
| Current Assets | $981.00M | $896.91M | $1.39B | $1.37B | $1.36B | $1.22B | $1.10B | $1.10B | $1.05B | $1.24B |
| Total Assets | $6.87B | $6.81B | $7.31B | $7.30B | $7.33B | $7.20B | $7.09B | $7.10B | $7.00B | $7.20B |
| Current Liabilities | $430.37M | $404.29M | $944.58M | $973.52M | $466.28M | $466.71M | $425.78M | $433.98M | $423.37M | $357.64M |
| Long-term Debt | $2.53B | $2.53B | $2.53B | $2.53B | $3.08B | $3.08B | $3.07B | $3.07B | $3.07B | $3.07B |
| Total Liabilities | $3.72B | $3.69B | $4.21B | $4.24B | $4.30B | $4.31B | $4.27B | $4.29B | $4.28B | $4.22B |
| Stockholders' Equity | $3.16B | $3.12B | $3.09B | $3.04B | $3.00B | $2.87B | $2.80B | $2.80B | $2.70B | $2.96B |
| Retained Earnings | $3.17B | $8.59B | $8.57B | $8.53B | $8.55B | $8.39B | $8.28B | $8.25B | $8.09B | $8.06B |
Cash Flow
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $59.63M | - | - | - | $100.38M | - | - |
| Investing Cash Flow | - | - | - | ($6.37M) | - | - | - | $86.22M | - | - |
| Financing Cash Flow | - | - | - | ($29.83M) | - | - | - | ($116.88M) | - | - |
| CapEx | - | - | - | $4.95M | - | - | - | $4.91M | - | - |
| Free Cash Flow | - | - | - | $54.68M | - | - | - | $95.47M | - | - |
Ratios
| Metric | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | 35.1% | 37.4% | 35.2% | - | 45.7% | 39.2% | 39.7% | - | 38.6% |
| Operating margin | - | 14.2% | 18.1% | 16.0% | - | 28.5% | 20.0% | 19.3% | - | 18.9% |
| EBITDA margin | - | 16.5% | 20.5% | 19.6% | - | 30.4% | 22.1% | 23.2% | - | 21.0% |
| Net margin | - | 5.7% | 10.1% | 8.6% | - | 18.3% | 11.6% | 26.5% | - | 13.5% |
| Free cash flow margin | - | - | - | 8.0% | - | - | - | 13.4% | - | - |
| FCF / Net income | - | - | - | 0.93 | - | - | - | 0.50 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 13.8% | 14.1% | 14.1% | - | 12.0% | 13.4% | 14.3% | - | 13.8% |
| Effective tax rate | - | 31.2% | 23.0% | 20.5% | - | 23.3% | 20.5% | 24.4% | - | 22.4% |
| Return on assets | - | 0.5% | 0.9% | 0.8% | - | 2.0% | 1.2% | 2.7% | - | 1.3% |
| Return on equity | - | 1.2% | 2.2% | 1.9% | - | 5.1% | 2.9% | 6.8% | - | 3.2% |
| Return on invested capital | - | 1.1% | 1.7% | 1.6% | - | 3.0% | 1.9% | 1.8% | - | 1.7% |
| Liquidity | ||||||||||
| Current ratio | 2.28 | 2.22 | 1.47 | 1.40 | 2.92 | 2.60 | 2.58 | 2.53 | 2.48 | 3.47 |
| Quick ratio | 2.28 | 2.22 | 1.47 | 1.40 | 2.92 | 2.60 | 2.58 | 2.53 | 2.48 | 3.47 |
| Cash ratio | 0.68 | 0.58 | 0.80 | 0.74 | 1.49 | 1.15 | 1.05 | 0.99 | 0.85 | 1.55 |
| Leverage | ||||||||||
| Debt / Equity | 0.80 | 0.81 | 0.82 | 0.83 | 1.02 | 1.07 | 1.10 | 1.10 | 1.14 | 1.04 |
| Debt / Assets | 0.37 | 0.37 | 0.35 | 0.35 | 0.42 | 0.43 | 0.43 | 0.43 | 0.44 | 0.43 |
| Debt / EBITDA | - | 23.62 | 18.30 | 18.96 | - | 12.53 | 19.58 | 18.57 | - | 20.51 |
| Interest coverage | - | 2.4x | 2.9x | 2.6x | - | 5.3x | 3.4x | 3.2x | - | 3.1x |
| Equity multiplier | 2.18 | 2.18 | 2.36 | 2.40 | 2.44 | 2.51 | 2.53 | 2.54 | 2.59 | 2.43 |
| Liabilities / Assets | 0.54 | 0.54 | 0.58 | 0.58 | 0.59 | 0.60 | 0.60 | 0.60 | 0.61 | 0.59 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.10 | 0.09 | 0.09 | - | 0.11 | 0.10 | 0.10 | - | 0.10 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | 323d | 316d | 319d | - | 275d | 311d | 309d | - | 311d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | 72d | 74d | 74d | - | 77d | 67d | 68d | - | 72d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -19.3% | -5.0% | -4.8% | - | 13.1% | -2.9% | -3.5% | - | -11.2% |
| Revenue CAGR (3y) | - | -6.8% | -4.9% | -4.2% | - | 2.2% | -1.0% | -0.6% | - | -1.1% |
| Revenue CAGR (5y) | - | -2.5% | 3.2% | -0.1% | - | 7.9% | 5.8% | 6.7% | - | 5.8% |
| Gross profit growth (YoY) | - | -38.0% | -9.4% | -15.7% | - | 34.2% | -7.5% | -9.5% | - | -26.5% |
| Operating income growth (YoY) | - | -59.9% | -13.7% | -20.7% | - | 70.7% | -49.6% | -20.7% | - | -42.0% |
| Net income growth (YoY) | - | -74.8% | -17.3% | -69.0% | - | 53.3% | -58.9% | 81.7% | - | -34.2% |
| EPS growth (YoY) | - | -74.2% | -12.5% | -66.0% | - | 85.4% | -47.8% | 130.4% | - | -26.2% |
| EPS CAGR (3y) | - | -29.3% | -10.7% | -15.7% | - | 15.3% | 0.0% | 27.6% | - | -7.2% |
| EPS CAGR (5y) | - | -17.5% | 36.1% | -1.6% | - | 32.2% | 5.3% | 25.5% | - | 1.3% |
| FCF growth (YoY) | - | - | - | -42.7% | - | - | - | -43.0% | - | - |
| FCF CAGR (5y) | - | - | - | -19.7% | - | - | - | 32.2% | - | - |
| Book value growth (YoY) | 5.0% | 8.5% | 10.4% | 8.6% | 11.1% | -3.0% | -3.5% | -11.2% | -11.9% | 2.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$3.10B totalSubscription$1.46B · 46.9%
Advertising And Marketing Services$1.23B · 39.5%
Political$373.23M · 12.0%
Other Revenue Source$46.29M · 1.5%
Peer comparison
Same SIC group: Television Broadcasting Stations
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| NXST | $4.95B | 2.2% | 5.3% |
| PARAA,PARA | - | - | - |
| LSXMA | $4.48B | 12.4% | 7.2% |
| SSP | $2.15B | 6.8% | 11.7% |
| GTN | $3.10B | -2.7% | -3.9% |
Comparing TEGNA INC against the 5 most active filers in the same SIC group.