Getty Realty Reports Strong Q1 2025 Performance

Getty Realty ( (GTY) ) has released its Q1 earnings. Here is a breakdown of the information Getty Realty presented to its investors.

Getty Realty Corp., a net lease REIT, specializes in convenience and automotive retail real estate across the United States. In its first quarter of 2025, Getty Realty reported steady financial performance with net earnings of $0.25 per share and an AFFO of $0.59 per share. The company has successfully refinanced its 2025 debt maturities, extending its debt maturity profile to June 2028, and has committed over $110 million to its investment pipeline. Key financial metrics for the quarter include a 13% increase in base rental income, driven by new acquisitions and contractual rent increases, and a reduction in property operating expenses. Getty Realty’s strategic focus remains on expanding its portfolio through acquisitions and development, with a committed investment pipeline targeting 29 new properties. Looking ahead, the company reaffirms its 2025 AFFO guidance, emphasizing its strong liquidity position and disciplined capital deployment strategy.