NYSE : GTY
Getty Realty Corp. — Financial statements
Real Estate · REIT - Retail · United States
Last price 28 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.88B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 238.21M | 219.59M | 198.67M | 180.49M | 163.89M | 153.89M |
| Total Revenue | 240.43M | 221.73M | 203.39M | 185.85M | 165.59M | 155.41M |
| Property Expenses | 8.17M | 8.74M | 14.86M | 23.79M | 21.55M | 22.05M |
| Selling, General & Administrative | 27.79M | 27.27M | 25.27M | 23.73M | 20.54M | 20.15M |
| Depreciation & Amortization | 67.29M | 61.93M | 54.98M | 45.30M | 39.90M | 35.52M |
| Other Operating Expenses | -7.01M | -3.67M | 460.00K | 1.26M | -21.18M | 1.64M |
| Total Operating Expenses | 96.23M | 94.28M | 95.57M | 94.08M | 60.81M | 79.36M |
| Operating Income | 144.21M | 127.45M | 107.82M | 91.77M | 104.78M | 76.05M |
| Interest Expense | -50.01M | -46.37M | -39.27M | -31.53M | -27.66M | -24.67M |
| Other Non-Operating Income | 769.00K | 439.00K | 566.00K | 574.00K | 413.00K | 1.07M |
| EBT Excluding Unusual Items | 94.96M | 81.51M | 69.12M | 60.81M | 77.53M | 52.45M |
| Gain (Loss) on Sale of Assets | 17.43M | 7.77M | 6.04M | 4.62M | 16.42M | 16.72M |
| Asset Writedown | -4.90M | -2.82M | -3.97M | -5.24M | -3.54M | -4.40M |
| Total Legal Settlements | 25.00K | -5.62M | -125.00K | -279.00K | -1.91M | |
| Other Unusual Items | -5.66M | -1.66M | -43.00K | -85.00K | ||
| Pretax Income | 101.86M | 79.19M | 71.06M | 60.15M | 90.04M | 62.86M |
| Earnings From Continuing Operations | 101.86M | 79.19M | 71.06M | 60.15M | 90.04M | 62.86M |
| Net Income | 101.86M | 79.19M | 71.06M | 60.15M | 90.04M | 62.86M |
| Preferred Dividends & Other Adjustments | 3.36M | 3.15M | 2.62M | 2.21M | 2.10M | 1.44M |
| Net Income to Common | 98.50M | 76.04M | 68.44M | 57.94M | 87.94M | 61.42M |
| Basic Shares Outstanding | 60.21M | 56.32M | 54.30M | 50.02M | 46.73M | 44.78M |
| Diluted Shares Outstanding | 60.38M | 56.46M | 54.55M | 50.22M | 46.84M | 44.82M |
| EPS (Basic) | 1.64 | 1.35 | 1.26 | 1.16 | 1.88 | 1.37 |
| EPS (Diluted) | 1.63 | 1.35 | 1.25 | 1.15 | 1.88 | 1.37 |
| Dividend Per Share | 1.94 | 1.90 | 1.82 | 1.74 | 1.66 | 1.58 |
| Operating Margin | 59.98% | 57.48% | 53.01% | 49.38% | 63.28% | 48.94% |
| Profit Margin | 40.97% | 34.30% | 33.65% | 31.18% | 53.11% | 39.52% |
| EBITDA | 209.13M | 186.54M | 163.07M | 137.69M | 145.95M | 113.20M |
| EBITDA Margin | 86.98% | 84.13% | 80.18% | 74.09% | 88.14% | 72.84% |
| D&A For Ebitda | 64.92M | 59.10M | 55.25M | 45.92M | 41.17M | 37.15M |
| EBIT | 144.21M | 127.45M | 107.82M | 91.77M | 104.78M | 76.05M |
| EBIT Margin | 59.98% | 57.48% | 53.01% | 49.38% | 63.28% | 48.94% |
| Funds From Operations (FFO) | 152.20M | 132.24M | 120.77M | 103.44M | 114.33M | 84.29M |
| FFO Per Share | 2.52 | 2.34 | 2.21 | 2.06 | 2.44 | 1.88 |
| Adjusted Funds From Operations (AFFO) | 152.24M | 137.35M | 127.41M | 112.94M | 100.09M | 93.05M |
| AFFO Per Share | 2.50 | 2.43 | 2.34 | 2.25 | 2.14 | 2.08 |
| FFO Payout Ratio | 78.10% | 82.16% | 82.98% | 84.07% | 68.45% | 83.96% |
| Revenue as Reported | 240.43M | 221.73M | 203.39M | 185.85M | 165.59M | 155.41M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 2.11B | 1.85B | 1.68B | 1.46B | 1.30B | 1.22B |
| Cash & Equivalents | 8.83M | 8.36M | 9.48M | 3.31M | 8.71M | 24.74M |
| Accounts Receivable | 121.70M | 111.54M | 107.48M | 119.40M | 120.82M | 122.12M |
| Other Intangible Assets | 267.24M | 155.26M | 128.51M | 100.31M | 74.01M | 39.09M |
| Loans Receivable Current | 34.27M | 19.47M | 29.45M | 112.01M | 34.31M | 14.70M |
| Restricted Cash | 3.79M | 4.42M | 4.13M | 1.98M | 2.54M | 1.72M |
| Other Current Assets | 1.06M | 1.90M | 243.00K | 2.43M | 3.76M | 44.57M |
| Deferred Long-Term Charges | 2.70M | 3.50M | 600.00K | 1.40M | 2.04M | 2.73M |
| Other Long-Term Assets | 20.84M | 18.50M | 16.61M | 16.67M | 20.50M | |
| Total Assets | 2.57B | 2.17B | 1.97B | 1.82B | 1.56B | 1.47B |
| Current Portion of Long-Term Debt | 50.00M | 75.00M | ||||
| Current Portion of Leases | 730.00K | 2.71M | ||||
| Long-Term Debt | 1.20B | 948.35M | 904.96M | 756.10M | 618.49M | 583.85M |
| Long-Term Leases | 11.11M | 8.76M | 13.94M | 16.65M | 21.48M | 24.98M |
| Accounts Payable | 43.83M | 27.87M | 26.28M | 27.39M | 24.65M | 26.11M |
| Accrued Expenses | 8.23M | 15.93M | 20.94M | 22.37M | 23.16M | 47.60M |
| Other Current Liabilities | 33.34M | 29.83M | 26.54M | 24.85M | 20.58M | 39.29M |
| Other Long-Term Liabilities | 17.79M | 18.93M | 19.40M | 19.09M | ||
| Total Liabilities | 1.29B | 1.10B | 1.01B | 866.75M | 802.45M | 721.84M |
| Common Stock | 671.00K | 598.00K | 550.00K | 540.00K | 467.00K | 467.00K |
| Additional Paid-In Capital | 1.45B | 1.23B | 1.09B | 1.05B | 822.34M | 818.21M |
| Distributions in Excess of Earnings | -177.50M | -157.81M | -124.99M | -94.10M | -62.96M | -73.57M |
| Comprehensive Income & Other | -1.86M | -4.02M | ||||
| Shareholders' Equity | 1.28B | 1.07B | 962.08M | 955.55M | 759.85M | 745.11M |
| Total Liabilities & Equity | 2.57B | 2.17B | 1.97B | 1.82B | 1.56B | 1.47B |
| Total Debt | 1.21B | 1.01B | 918.90M | 772.74M | 714.97M | 608.84M |
| Net Cash (Debt) | -1.20B | -1.00B | -909.42M | -769.44M | -706.26M | -584.10M |
| Net Cash Per Share | -19.88 | -17.74 | -16.67 | -15.32 | -15.08 | -13.03 |
| Filing Date Shares Outstanding | 67.12M | 59.82M | 55.03M | 53.96M | 46.74M | 46.72M |
| Total Common Shares Outstanding | 67.12M | 59.82M | 55.03M | 53.95M | 46.73M | 46.72M |
| Book Value Per Share | 19.04 | 17.92 | 17.48 | 17.71 | 16.26 | 15.95 |
| Tangible Book Value | 1.01B | 916.86M | 833.57M | 855.24M | 685.84M | 706.02M |
| Tangible Book Value Per Share | 15.06 | 15.33 | 15.15 | 15.85 | 14.68 | 15.11 |
| Land | 1.25B | 1.05B | 943.80M | 867.88M | 802.01M | 772.09M |
| Buildings | 1.29B | 1.14B | 1.03B | 847.34M | 707.35M | 632.07M |
| Construction In Progress | 144.00K | 73.00K | 96.00K | 426.00K | 578.00K | 693.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 101.86M | 79.19M | 71.06M | 60.15M | 90.04M | 62.86M |
| Depreciation & Amortization | 64.92M | 59.10M | 55.25M | 45.92M | 41.17M | 37.15M |
| Other Amortization | 1.57M | 2.49M | 2.25M | 1.21M | 946.00K | 1.01M |
| Gain (Loss) on Sale of Assets | -12.11M | -3.08M | -458.00K | 1.38M | -11.03M | -11.87M |
| Asset Writedown | 4.90M | 2.82M | 3.97M | 5.24M | 3.54M | 4.40M |
| Stock-Based Compensation | 5.98M | 6.92M | 5.93M | 5.58M | 4.78M | 4.00M |
| Change in Accounts Receivable | -1.19M | 144.00K | 2.50M | -1.10M | -784.00K | 60.00K |
| Change in Accounts Payable | 3.72M | 7.56M | 563.00K | -471.00K | -2.12M | -554.00K |
| Change in Other Net Operating Assets | -20.77M | -18.86M | -3.26M | -8.44M | -30.05M | -7.33M |
| Other Operating Activities | -9.38M | -8.84M | -7.31M | -4.18M | -3.41M | -2.91M |
| Operating Cash Flow | 139.50M | 127.45M | 130.50M | 105.30M | 93.09M | 86.82M |
| Acquisition of Real Estate Assets | -581.42M | -278.18M | -295.06M | -248.73M | -145.60M | -194.88M |
| Sale of Real Estate Assets | 32.52M | 14.02M | 12.99M | 11.20M | 24.20M | 24.80M |
| Net Sale / Acq. of Real Estate Assets | -548.90M | -264.15M | -282.07M | -237.53M | -121.39M | -170.08M |
| Other Investing Activities | -6.29M | 22.26M | 81.61M | -73.18M | -17.66M | 347.00K |
| Investing Cash Flow | -555.19M | -241.89M | -200.47M | -310.70M | -139.06M | -169.73M |
| Long-Term Debt Issued | 741.00M | 311.00M | 430.50M | 190.00M | 175.00M | |
| Long-Term Debt Repaid | -648.66M | -163.76M | -365.84M | -80.49M | -140.65M | |
| Net Debt Issued (Repaid) | 259.87M | 92.34M | 147.24M | 64.66M | 109.51M | 34.35M |
| Issuance of Common Stock | 283.35M | 135.28M | 30.96M | 226.23M | 92.28M | |
| Repurchase of Common Stock | -3.22M | -1.27M | -1.28M | -1.00M | -496.00K | -730.00K |
| Common Dividends Paid | -118.86M | -108.65M | -100.21M | -86.96M | -78.26M | -70.77M |
| Other Financing Activities | -2.43M | -4.10M | 1.59M | -3.48M | 5.00K | -2.82M |
| Net Cash Flow | 3.01M | -837.00K | 8.33M | -5.96M | -15.21M | -30.59M |
| Levered Free Cash Flow | 106.93M | 122.60M | 199.06M | 21.89M | 72.15M | 30.74M |
| Unlevered Free Cash Flow | 136.62M | 149.09M | 221.36M | 40.39M | 88.50M | 45.14M |
| Cash Interest Paid | 45.72M | 43.46M | 38.16M | 29.38M | 26.53M | 23.69M |
| Cash Income Tax Paid | 602.00K | 525.00K | 352.00K | 677.00K | 557.00K | 355.00K |
| Change in Working Capital | -18.24M | -11.15M | -197.00K | -10.01M | -32.96M | -7.83M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.92B | 1.58B | 1.66B | 1.54B | 1.58B | 1.46B |
| Enterprise Value | 3.12B | 2.53B | 2.50B | 2.30B | 2.22B | 2.04B |
| Last Close Price | 28.56 | 26.13 | 26.89 | 24.47 | 26.82 | 24.01 |
| Price/FFO Ratio | 11.20 | 11.16 | 12.17 | 11.88 | 10.99 | 12.77 |
| Price/AFFO Ratio | 11.29 | 10.75 | 11.49 | 10.88 | 12.53 | 11.54 |
| PE Ratio | 17.49 | 20.78 | 24.22 | 26.58 | 17.99 | 23.69 |
| PS Ratio | 7.97 | 7.13 | 8.15 | 8.29 | 9.55 | 9.36 |
| PB Ratio | 1.50 | 1.47 | 1.72 | 1.61 | 2.08 | 1.95 |
| P/OCF Ratio | 13.74 | 12.40 | 12.70 | 14.62 | 16.99 | 16.76 |
| EV/Sales Ratio | 12.96 | 11.39 | 12.31 | 12.38 | 13.38 | 13.13 |
| EV/EBITDA Ratio | 14.91 | 13.54 | 15.35 | 16.70 | 15.19 | 18.02 |
| EV/EBIT Ratio | 21.62 | 19.82 | 23.21 | 25.07 | 21.15 | 26.82 |
| Debt / Equity Ratio | 0.95 | 0.94 | 0.95 | 0.81 | 0.94 | 0.82 |
| Debt / EBITDA Ratio | 5.71 | 5.34 | 5.53 | 5.49 | 4.78 | 5.18 |
| Net Debt / Equity Ratio | 0.94 | 0.93 | 0.94 | 0.81 | 0.93 | 0.78 |
| Net Debt / EBITDA Ratio | 5.74 | 5.37 | 5.58 | 5.59 | 4.84 | 5.16 |
| Asset Turnover | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Quick Ratio | 1.52 | 0.95 | 1.59 | 1.65 | 0.90 | 1.30 |
| Current Ratio | 1.97 | 1.15 | 2.04 | 3.21 | 1.19 | 1.84 |
| Return on Equity (ROE) | 8.90% | 7.79% | 7.41% | 7.01% | 11.97% | 8.95% |
| Return on Assets (ROA) | 3.90% | 3.84% | 3.55% | 3.39% | 4.32% | 3.38% |
| Earnings Yield | 5.72% | 5.01% | 4.29% | 3.91% | 5.69% | 4.32% |
| Dividend Yield | 7.00% | 7.17% | 6.04% | 6.10% | 4.90% | 5.07% |
| Payout Ratio | 122.47% | 137.20% | 141.01% | 144.58% | 86.92% | 112.58% |
| Buyback Yield / Dilution | -8.13% | -3.50% | -8.63% | -7.21% | -4.50% | -6.53% |
| Total Shareholder Return | -1.13% | 3.68% | -2.59% | -1.12% | 0.40% | -1.46% |