(GTY) Getty Realty - NYSE
Sector: Real Estate | Industry: REIT - Retail | Exchange: NYSE (USA) | Market Cap: 2.013m USD | Total Return: 21.1% in 12m
Avg Turnover: 13.6M
EPS Trend: 30.6%
Qual. Beats: 2
Rev. Trend: 99.1%
Qual. Beats: 0
Warnings
Beneish M-Score -0.82 > -1.5 - likely earnings manipulation
Below Avwap Earnings
Tailwinds
No distinct edge detected
Getty Realty Corp. (GTY) is a Maryland-incorporated real estate investment trust (REIT) that focuses on the ownership and financing of single-tenant retail properties. Its portfolio is primarily concentrated in the convenience store and automotive sectors, consisting of over 1,100 freestanding locations across 45 U.S. states and Washington, D.C.
The company operates under a triple-net lease structure, a business model where tenants are responsible for property taxes, insurance, and maintenance costs in addition to base rent. This strategy typically provides the REIT with predictable long-term cash flows and reduced exposure to rising operating expenses. Within the Retail REIT sector, specialization in automotive and convenience assets offers exposure to essential, service-oriented businesses that are generally resistant to e-commerce disruption.
Investors can evaluate the underlying valuation and growth metrics of this REIT on ValueRay. Given its focus on niche retail assets, monitoring tenant credit quality and lease expiration schedules remains a primary factor for assessing the companys risk profile.
- Net lease structure transfers property operating expenses and maintenance costs to tenants
- High concentration of convenience and gas properties links performance to fuel demand
- Elevated interest rates increase cost of capital for new property acquisitions
- Strategic diversification into automotive service centers reduces historical reliance on gasoline sales
- Triple-net lease escalators provide predictable internal rental income growth across portfolio
| Net Income: 91.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.30 > 1.0 |
| NWC/Revenue: 33.46% < 20% (prev -57.81%; Δ 91.27% < -1%) |
| CFO/TA 0.06 > 3% & CFO 131.9m > Net Income 91.0m |
| Net Debt (1.01b) to EBITDA (269.9m): 3.74 < 3 |
| Current Ratio: 40.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (59.9m) vs 12m ago 8.56% < -2% |
| Gross Margin: 27.31% > 18% (prev 93.65%; Δ -66.34% > 0.5%) |
| Asset Turnover: 10.95% > 50% (prev 10.50%; Δ 0.46% > 0%) |
| Interest Coverage Ratio: 1.79 > 6 (EBIT TTM 206.4m / Interest Expense TTM 115.4m) |
| A: 0.03 (Total Current Assets 78.0m - Total Current Liabilities 1.94m) / Total Assets 2.18b |
| B: -0.07 (Retained Earnings -161.4m / Total Assets 2.18b) |
| C: 0.10 (EBIT TTM 206.4m / Avg Total Assets 2.07b) |
| D: 1.00 (Book Value of Equity 1.09b / Total Liabilities 1.09b) |
| Altman-Z'' = 1.71 = BBB |
| DSRI: 0.90 (Receivables 95.4m/96.2m, Revenue 227.2m/206.8m) |
| GMI: 3.43 (GM 93.65% / 27.31%) |
| AQI: 1.02 (AQ_t 0.96 / AQ_t-1 0.94) |
| SGI: 1.10 (Revenue 227.2m / 206.8m) |
| TATA: -0.02 (NI 91.0m - CFO 131.9m) / TA 2.18b) |
| Beneish M = -0.82 (Cap -4..+1) = D |
As of June 19, 2026, the stock is trading at USD 32.68 with a total of 283,641 shares traded.
Over the past week, the price has changed by -1.57%,
over one month by -0.79%,
over three months by -0.72% and
over the past year by +21.07%.
Getty Realty has received a consensus analysts rating of 3.63. Therefore, it is recommended to hold GTY.
- StrongBuy: 2
- Buy: 1
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 34.7 | 6.2% |
P/E Trailing = 21.6169
P/E Forward = 22.779
P/S = 8.8582
P/B = 1.8477
P/EG = 1.2659
Revenue TTM = 227.2m USD
EBIT TTM = 206.4m USD
EBITDA TTM = 269.9m USD
Long Term Debt = 997.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.94m USD (from shortTermDebt, last quarter)
Debt = 1.02b USD (from shortLongTermDebtTotal, last quarter) + Leases 10.4m
Net Debt = 1.01b USD (calculated: Debt 1.02b - CCE 8.14m)
Enterprise Value = 3.02b USD (2.01b + Debt 1.02b - CCE 8.14m)
Interest Coverage Ratio = 1.79 (Ebit TTM 206.4m / Interest Expense TTM 115.4m)
EV/FCF = 19.06x (Enterprise Value 3.02b / FCF TTM 158.5m)
FCF Yield = 5.25% (FCF TTM 158.5m / Enterprise Value 3.02b)
FCF Margin = 69.77% (FCF TTM 158.5m / Revenue TTM 227.2m)
Net Margin = 40.06% (Net Income TTM 91.0m / Revenue TTM 227.2m)
Gross Margin = 27.31% ((Revenue TTM 227.2m - Cost of Revenue TTM 165.2m) / Revenue TTM)
Gross Margin QoQ = 40.26% (prev -82.90%)
Tobins Q-Ratio = 1.39 (Enterprise Value 3.02b / Total Assets 2.18b)
Interest Expense / Debt = 11.34% (Interest Expense 115.4m / Debt 1.02b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 163.1m (EBIT 206.4m * (1 - 21.00%))
Current Ratio = 1.69 (Total Current Assets 78.0m / Total Current Liabilities 46.2m)
Debt / Equity = 0.93 (Debt 1.02b / totalStockholderEquity, last quarter 1.09b)
Debt / EBITDA = 3.74 (Net Debt 1.01b / EBITDA 269.9m)
Debt / FCF = 6.37 (Net Debt 1.01b / FCF TTM 158.5m)
Total Stockholder Equity = 1.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.39% (Net Income 91.0m / Total Assets 2.18b)
RoE = 8.76% (Net Income TTM 91.0m / Total Stockholder Equity 1.04b)
RoCE = 10.14% (EBIT 206.4m / Capital Employed (Equity 1.04b + L.T.Debt 997.0m))
RoIC = 7.51% (NOPAT 163.1m / Invested Capital 2.17b)
WACC = 6.65% (E(2.01b)/V(3.03b) * Re(5.49%) + D(1.02b)/V(3.03b) * Rd(11.34%) * (1-Tc(0.21)))
Discount Rate = 5.49% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.11 | Cagr: 5.71%
[DCF] Terminal Value 77.97% ; FCFF base≈150.1m ; Y1≈172.0m ; Y5≈253.2m
[DCF] Fair Price = 46.31 (EV 3.81b - Net Debt 1.01b = Equity 2.80b / Shares 60.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 30.57 | EPS CAGR: 3.29% | SUE: 1.35 | # QB: 2
Revenue Correlation: 99.12 | Revenue CAGR: 9.43% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.46 | Chg30d=+29.77% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.47 | Chg30d=+32.72% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.83 | Chg30d=+29.21% | Revisions=+20% | GrowthEPS=+41.6% | GrowthRev=+9.2%
EPS next Year (2027-12-31): EPS=1.97 | Chg30d=+31.11% | Revisions=+20% | GrowthEPS=+7.3% | GrowthRev=+7.0%