Getty Realty (GTY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Apr 29, 2026

After Close (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

0.32

Last Year’s EPS

0.25

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 3 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 11, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a positive tone driven by strong rent growth (nearly 12% annualized base rent), solid AFFO growth (5% quarter, 3.8% year), record underwriting and meaningful investment activity (~$270M invested at a 7.9% initial yield), high occupancy (99.7%), improved portfolio diversification (nearly 30% ABR from non-convenience assets), and a healthy liquidity and debt maturity profile. Headwinds discussed were relatively limited and included elevated nonrecurring legal/professional fees, a conservative 2026 AFFO guide that excludes the investment pipeline, a pipeline weighted toward development funding (introducing timing risk), and leverage near the top of the target range. On balance, the positives substantially outweigh the negatives.

Company Guidance

Management reaffirmed 2026 AFFO per share guidance of $2.48–$2.50, noting this reflects the current run rate from the in‑place portfolio (and excludes prospective investment or capital activities, while allowing for expense and credit‑loss variability). For context, FY‑2025 AFFO was $2.43 (+3.8% YoY, high end of guidance) and Q4 AFFO was $0.63 (+5% YoY) with Q4 FFO $0.64 and Q4 net income $0.45 (FY FFO $2.34; FY net income $1.35); G&A ratio was 9.5% in 2025 (down 10 bps vs. 2024) and management expects G&A growth <2% and the ratio to fall below 9% in 2026. Balance‑sheet and liquidity metrics supporting the guidance include net debt/EBITDA of 5.1x (4.8x incl. unsettled forward equity) within a 4.5–5.5x target, fixed‑charge coverage of 3.8x, pro forma $1.0B of senior unsecured notes at a 4.5% weighted average rate and 6.2‑year weighted average maturity, no debt maturities until 2028, and pro forma total liquidity >$500M; the company also has ~$100M of investments under contract (expected to fund mostly in 2026 at initial cash yields in the high‑7% area), $8.7M of post‑year‑end investments, and noted that historically it has averaged >$200M of annual investments, which have added ~250 basis points of AFFO/share beyond the midpoint of initial guidance.

Strong Rent and Earnings Growth

Annualized base rent grew nearly 12% in 2025. AFFO per share increased 5% in Q4 2025 (to $0.63) and 3.8% for the full year 2025 (to $2.43). Quarterly FFO was $0.64 per share and full-year FFO was $2.34 per share; net income was $0.45 per share for Q4 and $1.35 per share for the year.

Robust Investment Activity and Pipeline

Getty invested approximately $268.8M–$270M in 2025 (73 properties acquired for ~$278.3M including previously funded amounts). Q4 investments were $135.4M across 26 properties. Underwriting volume was a record $6.8B and the disclosed pipeline includes roughly $100M under contract (majority expected to fund in 2026).

Attractive Acquisition Yield and Long Lease Terms

Weighted average initial cash yield on 2025 investments was 7.9%, and weighted average lease term for acquired assets was ~15–15.8 years (Q4 acquisitions 15 years).

Portfolio Quality and Occupancy

Portfolio includes 1,169 net-leased properties (plus two active redevelopments). Excluding redevelopments, occupancy was 99.7% and weighted average lease term for the portfolio was 9.9 years. 61% of ABR comes from top 50 MSAs and 77% from top 100 MSAs.

Diversification and Sector Expansion

Nearly 30% of annual base rent now derives from non-convenience/gas properties. 54% of 2025 underwriting focused on non-convenience assets (auto service, drive-thru QSRs, car washes). Notable transactions: $100M sale-leaseback (12-property Now and Forever portfolio), up to $82.5M development commitment for 11 collision centers, four travel centers acquired for $47.1M, and nearly $40M invested across 28 drive-thru QSRs (about 15% of annual investment activity).

Strong Rent Coverage and Performance Visibility

For properties with site-level reporting, trailing twelve-month rent coverage ratio was 2.5x and management has performance insight into ~95% of ABR.

Solid Balance Sheet and Liquidity Position

Net debt-to-EBITDA was 5.1x (4.8x including unsettled forward equity), within target leverage range of 4.5x–5.5x. Fixed charge coverage was 3.8x. Closed $250M new unsecured notes (pro forma $1.0B senior unsecured notes outstanding) with a weighted average interest rate of 4.5% and weighted average maturity of 6.2 years. No debt maturities until 2028 and pro forma total liquidity in excess of $500M (including revolver availability, cash, and unsettled forward equity).

Capital Markets Execution

Settled ~2.1M common shares for net proceeds of ~$59.1M and entered forward sale agreements (~400k shares expected to raise ~$12.7M). Management reaffirmed AFFO guidance range of $2.48–$2.50 for 2026 and highlighted historical contribution from investment activity (averaging >$200M annually and ~250 bps of AFFO per share upside beyond midpoint historically).

Operational and Organizational Continuity

Management transition planned with RJ Ryan promoted to Chief Investment Officer; leadership highlights include continued execution of a relationship-based sale-leaseback strategy (over 90% of closed transactions directly negotiated in 2025) and addition of new tenants (13 in 2025; 49 since strategy inception).

Getty Realty (GTY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GTY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 29, 2026	2026 (Q1)	0.32 / -	0.25	―	―	―
Feb 11, 2026	2025 (Q4)	0.34 / 0.45	0.39	15.38% (+0.06)
Oct 22, 2025	2025 (Q3)	0.32 / 0.40	0.27	48.15% (+0.13)
Jul 23, 2025	2025 (Q2)	0.29 / 0.24	0.3	-20.00% (-0.06)
Apr 23, 2025	2025 (Q1)	0.30 / 0.25	0.3	-16.67% (-0.05)
Feb 12, 2025	2024 (Q4)	0.32 / 0.39	0.3	30.00% (+0.09)
Oct 23, 2024	2024 (Q3)	0.31 / 0.27	0.31	-12.90% (-0.04)
Jul 24, 2024	2024 (Q2)	0.30 / 0.30	0.26	15.38% (+0.04)
Apr 25, 2024	2024 (Q1)	0.28 / 0.30	0.28	7.14% (+0.02)
Feb 14, 2024	2023 (Q4)	0.31 / 0.30	0.57	-47.37% (-0.27)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GTY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 11, 2026	$31.07	$33.02	+6.28%
Oct 22, 2025	$27.06	$27.74	+2.51%
Jul 23, 2025	$26.29	$26.57	+1.07%
Apr 23, 2025	$27.07	$26.18	-3.29%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Getty Realty (GTY) report earnings?

Getty Realty (GTY) is schdueled to report earning on Apr 29, 2026, After Close (Confirmed).

What is Getty Realty (GTY) earnings time?

Getty Realty (GTY) earnings time is at Apr 29, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GTY EPS forecast?

GTY EPS forecast for the fiscal quarter 2026 (Q1) is 0.32.