# Getty Realty Corp. (GTY)

> Source: Nexqual · https://nexqual.com/GTY · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Getty Realty Corp. (GTY), nexqual.com/GTY" · informational, not investment advice.

**Price:** USD 28.45 (+3.57% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 27.47 · day 27.29–28.71 · 52w 26.91–36.83 · market cap $1.76B · NYQ

## Key facts
- Last four reported quarters (through Sep 30, 2026): revenue $240M, net income $102M (42.4% margin), free cash flow $139M (SEC filings).
- Valuation: P/E 17.3x (avg 22.3x at the last 3 fiscal year-ends), EV/EBITDA 13.4x, net debt $1.19B.
- Total return with dividends: 1Y +7.4% vs S&P 500 +14.9%; 5Y +20.8% vs S&P 500 +80.3%.
- Next earnings: 2026-10-21, EPS estimate USD 0.34, revenue estimate $63.4M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $155M | $166M | $186M | $203M | $222M | $240M |
| Operating income | $86.5M | $117M | $91.1M | $110M | $127M | $153M |
| Net income | $62.9M | $90.0M | $60.2M | $71.1M | $79.2M | $102M |
| EPS (diluted) | $1.37 | $1.88 | $1.15 | $1.25 | $1.35 | — |
| Free cash flow | $86.5M | — | $105M | $130M | $127M | $139M |
| Operating margin | 55.6% | 70.8% | 49.0% | 54.0% | 57.2% | 63.5% |
| Net margin | 40.4% | 54.4% | 32.4% | 34.9% | 35.7% | 42.4% |
| Revenue growth | +5.5% | +6.6% | +12.2% | +9.4% | +9.0% | — |
| Cash + short-term investments | $24.7M | $8.7M | $3.3M | $9.5M | $8.4M | — |
| Total debt | $581M | $691M | $755M | $904M | $995M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Sep 30, 2026)
P/E 17.3x · P/S 7.3x · EV/EBITDA 13.4x · EV/Sales 12.3x · P/FCF 12.7x · P/B 1.4x · FCF yield 7.90% · Earnings yield 5.78% · Dividend yield (paid, TTM) 6.75% · Net debt $1.19B · EV $2.95B
P/E at fiscal year-ends: Dec 2025 19.5x, Dec 2024 23.1x, Dec 2023 24.4x.

## Analysts
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-24 | Keybanc | Reiterated | Overweight | $36 |
| 2026-09-01 | Citizens | Reiterated | Market Outperform | $39 |
| 2026-07-24 | RBC Capital | Target raised | Sector Perform | $35 → $36 |
| 2026-07-23 | Baird | Target raised | Neutral | $34 → $36 |
| 2026-07-23 | Citizens | Target raised | Market Outperform | $35 → $39 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +7.4% | +20.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +7.5% | +3.9% |
| Volatility (annualized) | 20.9% | 19.5% |
| Max drawdown | -23.7% (Jul 2026→Oct 2026) | -25.0% (Mar 2023→Oct 2023) |

## Peers (REIT - Retail)
NTST (NetSTREIT Corp.) USD 17.02 +3.34% · CBL (CBL & Associates Properties, In) USD 49.83 +2.11% · IVT (InvenTrust Properties Corp.) USD 30.14 +2.55% · FCPT (Four Corners Property Trust, In) USD 22.05 +4.06% · ALX (Alexander's, Inc.) USD 247.25 +3.65% · UE (Urban Edge Properties) USD 19.55 +2.30%

## More
Full page: https://nexqual.com/GTY · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Company outlook (8-K filed 2026-10-21)

- "Guidance - NEW YORK, NY, October 21, 2026 — Getty Realty Corp."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $0.34 | $0.45 | -25.8% | $63.4M | 1 |
| Next quarter (ends 2027-03-31) | $0.32 | $0.31 | +1.6% | $63.5M | 2 |
| Current fiscal year (ends 2026-12-31) | $1.50 | $1.83 | -18.1% | $241.3M | 1 |
| Next fiscal year (ends 2027-12-31) | $1.46 | $1.97 | -25.8% | $263.0M | 1 |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 38.3% | ±6.1% |
| 2026-12-18 | 56 | 30.7% | ±10.7% |
| 2027-03-19 | 147 | 35.7% | ±14.8% |
| 2027-06-17 | 237 | 29.9% | ±20.3% |