TEGNA is a media company which consists of 47 television stations operating in 39 markets offering high-quality television programming and digital content. The primary sources of their revenues are: 1) advertising & marketing services revenues, which include local and national non-political advertising, digital marketing services (including Premion), and advertising on the stations? websites and tablet and mobile products; 2) political advertising revenues, which are driven by even year election cycles at the local and national level and particularly in the second half of those years; 3) subscription revenues, reflecting fees paid by satellite, cable, OTT (companies that deliver video content to consumers over the Internet) and telecommunications providers to carry their television signals on their systems; and 4) other services, such as production of programming from third parties and production of advertising material.
| Revenue (Most Recent Fiscal Year) | $3.10B |
| Net Income (Most Recent Fiscal Year) | $599.82M |
| PE Ratio (Current Year Earnings Estimate) | 12.75 |
| PE Ratio (Trailing 12 Months) | 7.15 |
| PEG Ratio (Long Term Growth Estimate) | -- |
| Price to Sales Ratio (Trailing 12 Months) | 1.12 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 1.10 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 5.32 |
| Pre-Tax Margin (Trailing 12 Months) | 19.16% |
| Net Margin (Trailing 12 Months) | 14.99% |
| Return on Equity (Trailing 12 Months) | 16.20% |
| Return on Assets (Trailing 12 Months) | 6.68% |
| Current Ratio (Most Recent Fiscal Quarter) | 1.47 |
| Quick Ratio (Most Recent Fiscal Quarter) | 1.47 |
| Debt to Common Equity (Most Recent Fiscal Quarter) | 0.82 |
| Inventory Turnover (Trailing 12 Months) | -- |
| Book Value per Share (Most Recent Fiscal Quarter) | $19.23 |
| Earnings per Share (Most Recent Fiscal Quarter) | $0.44 |
| Earnings per Share (Most Recent Fiscal Year) | $3.07 |
| Diluted Earnings per Share (Trailing 12 Months) | $2.78 |
| Exchange | NYSE |
| Sector | Communication Services |
| Industry | Broadcasting |
| Common Shares Outstanding | 160.88M |
| Free Float | 160.09M |
| Market Capitalization | $3.40B |
| Average Volume (Last 20 Days) | 5.47M |
| Beta (Past 60 Months) | 0.28 |
| Percentage Held By Insiders (Latest Annual Proxy Report) | 0.49% |
| Percentage Held By Institutions (Latest 13F Reports) | 92.19% |
| Annual Dividend (Based on Last Quarter) | $0.50 |
| Dividend Yield (Based on Last Quarter) | 2.36% |