GETTY REALTY CORP /MD/ GTY
Getty Realty Corp. ("Getty Realty," "we," "us," "our" and the "Company") (NYSE: GTY), a Maryland corporation, is a publicly traded, net lease real estate investment trust ("REIT") specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. Our predecessor was founded in 1955 and our common stock was listed on the New York Stock Exchange ("NYSE") in 1997. Unless otherwise expressly stated or the context otherwise requires, the "Company," "we," "us," and "our" as used herein refer to Getty Realty and its owned and controlled subsidiaries.
Our portfolio includes convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision), drive-thru quick service restaurants, and certain other freestanding retail properties. Our 1,174 properties as of December 31, 2025 are located in 44 states and Washington, D.C., and our tenants operate under a variety of national and regional retail brands. We are internally managed by our management team, which has extensive experience acquiring, financing, developing and managing convenience, automotive and other single tenant retail real estate.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $221.7M | $203.4M | $185.8M | $165.6M | $155.4M | $147.3M | $140.7M | $136.1M | $120.2M | $115.3M |
| SG&A | $27.3M | $25.3M | $23.7M | $20.6M | $20.2M | $17.3M | $15.4M | $15.1M | $13.9M | $14.2M |
| Total operating expenses | — | — | — | — | — | — | — | — | $66.9M | $67.3M |
| Operating income | $126.8M | $109.8M | $91.1M | $117.3M | $86.5M | $75.6M | $66.8M | $67.3M | $56.4M | $54.4M |
| Interest expense | $46.4M | $39.3M | $31.5M | $27.7M | $24.7M | $26.1M | $24.6M | $22.3M | $17.8M | $16.6M |
| Net income | $79.2M | $71.1M | $60.2M | $90.0M | $62.9M | $69.4M | $49.7M | $47.7M | $47.2M | $38.4M |
| EPS, basic | 1.35 | 1.26 | 1.16 | 1.88 | 1.37 | 1.62 | 1.19 | 1.17 | 1.26 | 1.12 |
| EPS, diluted | 1.35 | 1.25 | 1.15 | 1.88 | 1.37 | 1.62 | 1.19 | 1.17 | 1.26 | 1.12 |
| Shares, diluted (wtd. avg.) | $56.5M | $54.6M | $50.2M | $46.8M | $44.8M | $42.1M | $41.1M | $40.2M | $36.9M | $33.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $8.4M | $9.5M | $3.3M | $8.7M | $24.7M | $55.1M | $21.8M | $46.9M | $20.0M | $13.2M |
| Other intangibles | $155.3M | $128.5M | $100.3M | $74.0M | — | — | — | — | — | — |
| Total assets | $2.17B | $1.97B | $1.82B | $1.56B | $1.47B | $1.35B | $1.21B | $1.16B | $1.07B | $877.3M |
| Long-term debt | $995.0M | $904.3M | $754.7M | $691.5M | $581.1M | $547.7M | $467.1M | $441.6M | $379.2M | $298.5M |
| Total liabilities | $1.10B | $1.01B | $866.8M | $802.4M | $721.8M | $689.9M | $622.3M | $580.8M | $519.1M | $446.4M |
| Total equity | $1.07B | $962.1M | $955.6M | $759.9M | $745.1M | $659.6M | $589.4M | $581.2M | $553.7M | $430.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $127.4M | $130.5M | $105.3M | $93.1M | $86.8M | $82.8M | $76.8M | $66.4M | $59.3M | $36.9M |
| Stock-based compensation | $6.9M | $5.9M | $5.6M | $4.8M | $4.0M | $3.1M | $2.5M | $1.8M | $1.4M | $1.4M |
| Capital expenditure | $429.0K | $878.0K | $309.0K | — | $271.0K | $282.0K | $14.0K | $3.8M | $434.0K | $298.0K |
| Investing cash flow | -$241.9M | -$200.5M | -$310.7M | -$139.1M | -$169.7M | -$127.4M | -$82.6M | -$78.9M | -$208.7M | $13.0M |
| Financing cash flow | $113.6M | $78.3M | $199.4M | $30.8M | $52.3M | $78.0M | -$19.3M | $40.5M | $157.1M | -$41.0M |
| Dividends paid | $108.7M | $100.2M | $87.0M | $78.3M | $70.8M | $62.6M | $56.9M | $50.5M | $39.3M | $36.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-048965.
Others in SIC 6500
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|---|---|---|---|---|
| CBRE | CBRE GROUP, INC. | $42.81B | 38.4x | 13.4% |
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| MRP | Millrose Properties, Inc. | $5.32B | 13.1x | — |
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| CWK | Cushman & Wakefield Ltd. | $3.21B | 35.9x | 8.9% |
| CURB | Curbline Properties Corp. | $3.11B | 79.6x | 51.3% |
| UE | Urban Edge Properties | $2.64B | 28.4x | 6.1% |
| EFC | Ellington Financial Inc. | $1.74B | 11.3x | — |