TEGNA (TGNA) Financials

TEGNA Inc (TGNA) is a media company that operates various television stations and digital platforms in the United States. The company's financials for the past year reflect a strong performance across several key metrics. In terms of revenue, TEGNA reported a total revenue of $2.92 billion, which represents a 19% increase compared to the previous year. This growth was driven by solid advertising demand and increased retransmission consent fees. The company's gross profit also showed a positive trend, reaching $1.83 billion, a 15% increase year-over-year.

TEGNA's profitability was evident in its net income from stockholders, which stood at $257 million, a significant improvement compared to the previous year. The company's operating cash flow was also strong, totaling $711 million, reflecting efficient management of its operations. TEGNA's balance sheet remains healthy, with total assets of $7.11 billion, including cash equivalents of $210 million. The company's stockholders equity stands at $2.84 billion, indicating a solid financial position. Despite its strong performance, TEGNA has some level of debt, with total debt amounting to $5.27 billion, resulting in a net debt of $5.06 billion.

TEGNA's financial results highlight its ability to generate consistent cash flow. The company's free cash flow for the year was $412 million, providing flexibility for future investments and potential acquisitions. In terms of cash flow from operations, TEGNA generated $746 million, reflecting its strong operational efficiency. The company's financing cash flow was mainly driven by debt repayments and dividend payments, amounting to $487 million. On the other hand, TEGNA's investing cash flow was focused on capital expenditures and strategic investments, totaling $421 million.

In summary, TEGNA Inc (TGNA) has demonstrated strong financial performance, with solid growth in revenue, profit, and cash flow. The company's balance sheet remains healthy, supported by a strong stockholders equity and a manageable level of debt. TEGNA's consistent cash flow generation provides opportunities for future investments and demonstrates the company's commitment to delivering value to its shareholders.