Getty Realty (GTY) AI Stock Analysis

• Market Cap: $1.60B
• Dividend Yield: 6.5%
• Average Volume (3M): 364.50K
• Price to Earnings (P/E): 24.6
• Beta (1Y): 0.19
• Revenue Growth: 6.62%
• EPS Growth: -3.87%
• Country: US
• Employees: 29
• Sector: Real Estate
• Sector Strength: 48
• Industry: REIT - Retail
• EPS (TTM): 0.24
• Shares Outstanding: 56,592,587
• 10 Day Avg. Volume: 313,902
• 30 Day Avg. Volume: 364,496
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.54
• Enterprise Value/Revenue: 11.72
• Enterprise Value/Gross Profit: 13.41
• Enterprise Value/Ebitda: 14.36
• 1Y Price Target: $32.17
• Price Target Upside: 12.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 79 Outperform
• Price Target: $33.00 ▲(15.26% Upside)

Getty Realty's strong financial performance and positive earnings call are the primary drivers of its high score. The company's robust profitability, strategic investments, and attractive dividend yield support a favorable outlook. However, the relatively high P/E ratio and moderate technical indicators slightly temper the overall score.

Positive Factors

Dividend Growth

Getty Realty Corp. has shown strong earnings and dividend growth, with the dividend increasing for 11 consecutive years and currently offering a 6.1% yield, which is above the net-lease REIT average.

Financial Stability

Getty Realty has a strong balance sheet with low leverage, and expected capital deployment for 2025 has already been pre-funded, indicating financial stability and forward planning.

Revenue Diversification

The company's strategy to diversify revenue away from convenience stores into more consumer-centric categories like car washes and auto service centers has proven effective and is supported by changing consumer behavior, enhancing its growth profile.

Negative Factors

Car Wash Segment Challenges

Trends in its Car Wash segment have been more choppy due in part to increased competition and the Zips Car Wash bankruptcy.

Market Overhang

Oversupply and further tenant credit events in the Car Wash space are seen as an overhang on shares.

Tenant Bankruptcy

Zips Car Wash, a tenant contributing 1.8% of rents, filed for bankruptcy, and seven of Getty's properties had their leases rejected, potentially impacting rental income.

Getty Realty Business Overview & Revenue Model

Company Description

Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.

How the Company Makes Money

Getty Realty generates revenue primarily through rental income from its properties. The company leases its convenience store and automotive service properties to various tenants under long-term lease agreements, which typically provide for fixed rent increases over time. This stable rental income forms the core of Getty Realty's revenue model. Additionally, the company may benefit from revenue generated through property development and management services. Significant partnerships with well-known convenience store brands and fuel retailers enhance its portfolio's attractiveness, leading to higher occupancy rates and rental income. The company's focus on high-quality, strategically located properties also contributes to its ability to maintain and grow its revenue streams.

Getty Realty Financial Statement Overview

Summary

Getty Realty exhibits strong financial health with consistent revenue growth, robust profitability, and efficient cash flow generation. The company maintains a stable balance sheet, although the debt level requires monitoring.

Income Statement

Getty Realty shows strong financial performance with a consistent revenue growth over the years. The TTM (Trailing-Twelve-Months) revenue grew by 3.28% compared to the previous year. Gross profit and net profit margins are healthy, with TTM gross profit margin at 87.37% and net profit margin at 31.63%. EBIT and EBITDA margins also reflect robust operational efficiency, standing at 51.96% and 81.08% respectively for TTM. Overall, the company demonstrates profitable growth and operational efficiency.

Balance Sheet

Getty Realty maintains a strong balance sheet with a debt-to-equity ratio of 0.95 in TTM, indicating a balanced leverage level. The company has shown a stable increase in stockholders' equity over the years, enhancing the equity ratio to 48.73% in TTM, which suggests a solid capital structure. The return on equity (ROE) for TTM is 6.76%, reflecting reasonable profitability for shareholders. However, the level of debt could pose a risk if interest rates rise or if revenue streams face any disruptions.

Cash Flow

Cash flow analysis for Getty Realty indicates strong free cash flow generation with a positive free cash flow growth rate of 6.69% in TTM. The operating cash flow to net income ratio is 1.07, and the free cash flow to net income ratio is 1.06, both highlighting the company's effective cash generation relative to its net income. This solid cash flow position supports ongoing operations and potential investment opportunities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	210.07M	203.39M	185.85M	165.59M	155.41M	147.35M
Gross Profit	183.56M	188.53M	162.06M	144.03M	133.36M	123.83M
EBITDA	171.44M	170.76M	143.02M	145.95M	126.82M	107.09M
Net Income	66.43M	71.06M	60.15M	90.04M	62.86M	69.39M
Balance Sheet
Total Assets	2.02B	1.97B	1.82B	1.56B	1.47B	1.35B
Cash, Cash Equivalents and Short-Term Investments	11.59M	9.48M	3.31M	8.71M	24.74M	55.08M
Total Debt	936.32M	918.90M	772.74M	714.97M	608.84M	577.41M
Total Liabilities	1.03B	1.01B	866.75M	802.45M	721.84M	689.91M
Stockholders Equity	982.42M	962.08M	955.55M	759.85M	745.11M	659.60M
Cash Flow
Free Cash Flow	70.30M	129.63M	104.99M	93.09M	86.55M	82.55M
Operating Cash Flow	70.82M	130.50M	105.30M	93.09M	86.82M	82.83M
Investing Cash Flow	-102.85M	-200.47M	-310.70M	-139.06M	-169.73M	-127.42M
Financing Cash Flow	38.56M	78.30M	199.44M	30.76M	52.32M	77.98M

Getty Realty Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 28.63
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GTY, the sentiment is Negative. The current price of 28.63 is above the 20-day moving average (MA) of 28.38, above the 50-day MA of 27.95, and below the 200-day MA of 28.96, indicating a neutral trend. The MACD of 0.12 indicates Positive momentum. The RSI at 50.42 is Neutral, neither overbought nor oversold. The STOCH value of 29.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GTY.

Getty Realty Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTY	79 Outperform	$1.60B	24.58	6.87%	6.50%	6.62%	-3.87%
CURB	73 Outperform	$2.34B	140.19	1.16%	2.50%	―	―
WSR	73 Outperform	$1.31B	19.79	7.97%	4.05%	4.04%	107.96%
NTST	72 Outperform	$1.72B	―	-0.43%	4.73%	21.31%	-199.59%
AKR	67 Neutral	$2.68B	118.93	0.95%	3.87%	7.09%	2591.94%
BFS	65 Neutral	$815.07M	25.38	12.90%	7.06%	5.17%	-25.96%
Sector *	63 Neutral	$7.02B	13.29	-0.50%	6.92%	4.08%	-25.24%

Getty Realty Corporate Events

Getty Realty Updates Tax Disclosure Post New Legislation

Getty Realty Corp. has updated its U.S. federal income tax disclosure, reflecting changes due to the One Big Beautiful Bill Act signed into law on July 4, 2025. This update outlines the tax considerations for the company as a REIT and the implications for shareholders, emphasizing the importance of maintaining REIT status to avoid certain federal taxes. The company has received a legal opinion confirming its compliance with REIT requirements from 2016 to 2024, although future changes in tax law could impact this status.

Getty Realty Announces New Corporate Presentation

Getty Realty Corp. announced a corporate presentation available for investors and analysts starting July 23, 2025. The company reported a 5.6% increase in Q2 2025 AFFO to $34.0 million and a 6.6% rise in year-to-date AFFO to $67.8 million. With a portfolio occupancy rate of 99.7% and significant liquidity, Getty Realty continues to demonstrate strong financial performance and strategic growth through acquisitions and investments in various retail sectors.