olivLaw · US equity research
Getty Realty Corp. GTY
Real Estate · SIC 6500 · Vertical: Real Estate (SIC 6500)
Getty Realty is a net lease REIT specialising in convenience, automotive and service retail properties, with over a thousand sites. It grew the portfolio through acquisitions in 2025 and 2026, and as the cost of capital rises, investment yields and capital discipline are the main variables to watch.
At the close of 05 Nov 2026, Getty Realty Corp. (GTY) stock was 28.73 USD (−0.31% on the day), with market capitalisation 1.9 bn USD, P/E 17.4 on diluted EPS of 1.66 USD over the last 12 months, dividend yield 6.77%, beta 0.13, 52-week range 26.91–36.61 USD. Latest reported quarter (Q3 2026): revenue of 63.0 m USD (+13.3% YoY), net income of 25.6 m USD (+9.7% YoY), diluted EPS 0.40 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 52.5
- neutral
- Bollinger (20, 2)
- 27.43 – 28.81
- in the upper half of the band · %B 0.94 · band width 4.9%
- SMA 50 / 200
- 29.43 / 32.11
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.19 / -0.40
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +3.0% | −1.1% | +4.1 pp | — |
| 3 months | −13.6% | −0.5% | −13.1 pp | — |
| 6 months | −13.0% | +4.4% | −17.4 pp | — |
| Year to date | +5.0% | +12.3% | −7.3 pp | — |
| 1 year | +5.1% | +13.5% | −8.4 pp | −14.2% |
| 3 years | +2.1% | +76.4% | −74.4 pp | −7.7% |
| 5 years | −13.0% | +63.7% | −76.7 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53.0 m | 52.3 m | 53.3 m | 55.6 m | 60.5 m | 57.8 m | 59.1 m | 63.0 m |
| Operating income | 32.7 m | 26.4 m | 24.9 m | 34.8 m | 40.7 m | 38.3 m | 34.9 m | 38.9 m |
| Depreciation & amortisation | 15.0 m | 16.0 m | 14.9 m | 15.0 m | 15.9 m | 16.3 m | 16.8 m | 18.3 m |
| Interest expense | 10.4 m | 11.7 m | 10.9 m | 11.5 m | 12.3 m | 12.0 m | 12.3 m | 13.4 m |
| Net income | 22.3 m | 14.8 m | 14.0 m | 23.3 m | 27.0 m | 26.6 m | 22.6 m | 25.6 m |
| Diluted EPS | 0.40 ≈ | 0.25 | 0.24 | 0.40 | 0.47 ≈ | 0.43 | 0.36 | 0.40 |
| Operating cash flow | 36.2 m | 28.7 m | 34.7 m ≈ | 30.5 m ≈ | 33.5 m | 33.1 m | 41.7 m ≈ | 31.2 m ≈ |
| Dividends paid | 25.4 m | 26.5 m | 26.8 m ≈ | 27.4 m ≈ | 27.9 m | 29.8 m | 30.2 m ≈ | 30.9 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 15 percentile of its own 40-quarter history (min 15.5, median 21.6, max 27.6; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 136.1 m | 140.7 m | 147.3 m | 155.4 m | 165.6 m | 185.8 m | 203.4 m | 221.7 m |
| Revenue YoY | +13.3% | +3.3% | +4.8% | +5.5% | +6.6% | +12.2% | +9.4% | +9.0% |
| Net income | 47.7 m | 49.7 m | 69.4 m | 62.9 m | 90.0 m | 60.2 m | 71.1 m | 79.2 m |
| Net income YoY | +1.1% | +4.2% | +39.5% | −9.4% | +43.2% | −33.2% | +18.1% | +11.4% |
| Diluted EPS | 1.17 | 1.19 | 1.62 | 1.37 | 1.88 | 1.15 | 1.25 | 1.35 |
| Diluted EPS YoY | −7.1% | +1.7% | +36.1% | −15.4% | +37.2% | −38.8% | +8.7% | +8.0% |
| net % | 35.1% | 35.4% | 47.1% | 40.4% | 54.4% | 32.4% | 34.9% | 35.7% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 8.4 m USD
- Financial debt
- 995.0 m USD
- Net debt
- 986.6 m USD
- Equity
- 1.1 bn USD
- Total assets
- 2.2 bn USD
- Debt / equity
- 0.93x
- Current ratio
- unavailable
- ROE
- 7.8%
- ROA
- 3.8%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 147.3 m | 155.4 m | 165.6 m | 185.8 m | 203.4 m | 221.7 m | SEC (XBRL)· 12 Feb 2026verified |
| Operating income | 75.6 m | 86.5 m | 117.3 m | 91.1 m | 109.8 m | 126.8 m | SEC (XBRL)· 12 Feb 2026verified |
| Depreciation & amortisation | 30.2 m | 35.5 m | 39.9 m | 45.3 m | 55.0 m | 61.9 m | SEC (XBRL)· 12 Feb 2026verified |
| EBITDA | 105.8 m ≈ | 122.0 m ≈ | 157.2 m ≈ | 136.4 m ≈ | 164.8 m ≈ | 188.7 m ≈ | SEC (XBRL)· 12 Feb 2026derived |
| Interest expense | 26.1 m | 24.7 m | 27.7 m | 31.5 m | 39.3 m | 46.4 m | SEC (XBRL)· 12 Feb 2026verified |
| Net income | 69.4 m | 62.9 m | 90.0 m | 60.2 m | 71.1 m | 79.2 m | SEC (XBRL)· 12 Feb 2026verified |
| Diluted EPS | 1.62 | 1.37 | 1.88 | 1.15 | 1.25 | 1.35 | SEC (XBRL)· 12 Feb 2026verified |
| Weighted average diluted shares | 42.1 m | 44.8 m | 46.8 m | 50.2 m | 54.6 m | 56.5 m | SEC (XBRL)· 12 Feb 2026verified |
| Dividend per share | 1.50 | 1.58 | 1.66 | 1.74 | 1.82 | 1.90 | SEC (XBRL)· 12 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 55.1 m | 24.7 m | 8.7 m | 3.3 m | 9.5 m | 8.4 m | SEC (XBRL)· 12 Feb 2026verified |
| Intangibles (excl. goodwill) | — | — | 74.0 m | 100.3 m | 128.5 m | 155.3 m | SEC (XBRL)· 12 Feb 2026verified |
| Total assets | 1.3 bn | 1.5 bn | 1.6 bn | 1.8 bn | 2.0 bn | 2.2 bn | SEC (XBRL)· 12 Feb 2026verified |
| Long-term debt | 547.7 m | 581.1 m | 691.5 m | 754.7 m | 904.3 m | 995.0 m | SEC (XBRL)· 12 Feb 2026verified |
| Total liabilities | 689.9 m | 721.8 m | 802.4 m | 866.8 m | 1.0 bn | 1.1 bn | SEC (XBRL)· 12 Feb 2026verified |
| Equity | 659.6 m † | 745.1 m † | 759.9 m † | 955.6 m † | 962.1 m † | 1.1 bn † | SEC (XBRL)· 12 Feb 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 82.8 m | 86.8 m | 93.1 m | 105.3 m | 130.5 m | 127.4 m | SEC (XBRL)· 12 Feb 2026verified |
| Investing cash flow | -127.4 m | -169.7 m | -139.1 m | -310.7 m | -200.5 m | -241.9 m | SEC (XBRL)· 12 Feb 2026verified |
| Financing cash flow | 78.0 m | 52.3 m | 30.8 m | 199.4 m | 78.3 m | 113.6 m | SEC (XBRL)· 12 Feb 2026verified |
| Dividends paid | 62.6 m | 70.8 m | 78.3 m | 87.0 m | 100.2 m | 108.7 m | SEC (XBRL)· 12 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Market and valuation
9 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 56 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 1.9 bn USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet38
- Valuation51
- Quality91
- Growth100
- Returns45
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 8.39 – 33.58 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Net asset value (NAV)unavailable · input data missing
- Dividend discount (DDM)24.97 – 33.58 (Mid 28.64)
- Peers: P/B8.39 – 30.18 (Mid 15.72)18 companies used · median multiple 0.8x · quartiles 0.4x – 1.6xAEI, AHRT, AIRE, BEEP, CHCI, CIGI, CMTG, CURB, CWK, FOR, FRPH, HPP, IIPR, LPA, OPI, TRC, TRNO, UE
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 56/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 8.9% | 79 (vs peers) | 7% |
| EBITDA margin · Quality | 91.5% | 100 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | 10.2% | 100 (on a fixed band) | 9% |
| Net debt / EBITDA · Balance sheet | 5.4x | 17 (vs peers) | 15% |
| Interest coverage · Balance sheet | 3.1x | 62 (on a fixed band) | 13% |
| P/B · Valuation | 1.5x | 44 (vs peers) | 20% |
| P/E (TTM) · Valuation | 17.4x | 67 (vs peers) | 9% |
| Dividend yield · Returns | 6.8% | 57 (vs peers) | 15% |
| Payout ratio (EPS) · Returns | 117.5% | 4 (on a fixed band) | 4% |
Score groups
- Balance sheet38/100 · 2/2 factors with a value
- Growth100/100 · 1/1 factors with a value
- Quality91/100 · 2/2 factors with a value
- Returns45/100 · 2/2 factors with a value
- Valuation51/100 · 2/2 factors with a value
Memo
GETTY REALTY CORP. (GTY). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 221.7 m USD in 2025; YoY growth 9.0%; net margin 42.4%; ROE 8.9%; net debt/EBITDA 5.4x.
The estimated value range is 16.68–31.88 USD per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 22.18 USD, the price of 28.73 USD leaves a potential of -22.8% (value / price − 1) and a margin of safety of -29.5% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 56/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROE: 8.9%
- EBITDA margin: 91.5%
- Revenue CAGR 3Y: 10.2%
What contradicts it
- Net debt / EBITDA: 5.4x
- Payout ratio (EPS): 117.5%
- The valuation methods diverge
Versus the vertical median
Real Estate (SIC 6500) · same industry (4-digit SIC) · compared with 31 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| CBRECbre Group, Inc. | 40.7 bn | 30.2 | 16.1% | 3.1% | +13.4% | −13% / +79% |
| VTMXVesta Real Estate Corporation, S.A.B. de C.V. | 32.6 bn | 131.1 | 9.1% | 85.4% | +12.2% | +18% / −3% |
| TRNOTerreno Realty Corporation | 7.4 bn | 20.0 | 8.3% | 68.1% | +24.5% | +7% / +17% |
| FSVFirstService Corporation | 7.0 bn | 48.5 | 14.9% | 3.5% | +5.4% | −2% / −2% |
| CIGIColliers International Group Inc. | 3.9 bn | 47.5 | 15.7% | 4.0% | +15.3% | −33% / −8% |
| CURBCurbline Properties Corp. | 3.6 bn | 122.8 | 1.3% | 11.2% | +51.3% | +23% / unavailable |
| CWKCushman & Wakefield Ltd. | 3.3 bn | 48.0 | 3.4% | 0.6% | +8.9% | −15% / +73% |
| UEUrban Edge Properties | 2.6 bn | 24.3 | 7.9% | 22.2% | +6.1% | +8% / +24% |
| GTYGetty Realty Corp. | 1.9 bn | 17.4 | 8.9% | 42.4% | +9.0% | +5% / +2% |
| IIPRInnovative Industrial Properties, Inc. | 1.5 bn | 12.3 | 7.6% | 53.2% | −13.8% | +12% / −32% |
| FORForestar Group Inc. | 1.2 bn | 7.3 | 9.6% | 9.9% | +10.1% | −4% / −20% |
| DUOFangdd Network Group Ltd. | 516.4 m | — | -17.9% | -23.9% | +9.2% | −70% / −96% |
| AHRTAh Realty Trust, Inc. | 482.1 m | — | -6.7% | -18.2% | +4.1% | −1% / −41% |
| HPPHudson Pacific Properties, Inc. | 475.2 m | — | -19.8% | -69.1% | −1.3% | −37% / −79% |
| TRCTejon Ranch Co. | 453.7 m | 73.6 | 1.3% | 10.6% | +18.4% | +3% / +6% |
| FRPHFrp Holdings, Inc. | 351.3 m | 1,988,413.4 | 0.0% | 0.2% | +2.6% | −21% / −34% |
| MLPMaui Land & Pineapple Co Inc | 287.0 m | — | -16.1% | -28.6% | +68.2% | −9% / −3% |
| OPIOffice Properties Income Trust | 283.0 m | — | -40.5% | -73.0% | −11.8% | unavailable / unavailable |
| CMTGClaros Mortgage Trust, Inc. | 241.3 m | — | -36.5% | -391.9% | −24.4% | −49% / −86% |
| CHCIComstock Holding Companies, Inc. | 154.4 m | 6.2 | 36.4% | 32.2% | +22.6% | +36% / +321% |
| BEEPMobile Infrastructure Corporation | 94.6 m | — | -16.1% | -67.2% | −5.2% | −27% / −57% |
| LPALogistic Properties of the Americas | 72.1 m | 6.9 | 4.3% | 20.9% | +14.3% | −33% / unavailable |
| OZBelpointe PREP, LLC | 45.1 m | — | — | -212.1% | +243.4% | −44% / −53% |
| AEIAlset Inc. | 19.4 m | — | -43.4% | -951.4% | −78.8% | −82% / −57% |
| CWDCalibercos Inc. | 4.3 m | — | — | -117.3% | −60.7% | −82% / −99% |
1- and 3-year price returns: for GTY from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 16.46 Total return -38% · Per year -38% | 29.03 Total return 7% · Per year 7% | 43.62 Total return 59% · Per year 59% |
| 3 years | 17.87 Total return -24% · Per year -9% | 35.27 Total return 42% · Per year 12% | 57.91 Total return 126% · Per year 31% |
| 5 years | 19.39 Total return -9% · Per year -2% | 42.84 Total return 85% · Per year 13% | 76.88 Total return 215% · Per year 26% |
- Exit P/E± 8.82
- Net margin± 6.17
- Annual revenue growth± 4.80
- Annual dilution± 0.52
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Getty Realty is a net lease REIT specialising in convenience, automotive and service retail properties, with over a thousand sites. It grew the portfolio through acquisitions in 2025 and 2026, and as the cost of capital rises, investment yields and capital discipline are the main variables to watch.
SWOT
Strengths
- A large, diversified portfolio of convenience, automotive and restaurant properties spread across many states and metropolitan areas 12.
- Long-dated triple-net leases that shift operating costs to tenants and provide fairly predictable income 1.
- A balance sheet management describes as solid, with an investment grade credit rating and access to long-term funding 23.
Weaknesses
- High dependence on one sector, fuel distribution and automotive retail, which increases exposure to structural change 1.
- Many tenants are unrated and do not publish financial information, which makes credit risk hard for investors to assess 1.
- General and administrative expenses rose in 2026, partly from non-recurring costs linked to the departure of former executives 3.
Opportunities
- Continued investment in convenience stores, service centers and drive-thru restaurants, with initial yields that remain attractive 3.
- Redevelopment of older fuel sites into modern convenience formats, which could generate higher income than their previous use 12.
- Diversification into new regions and tenants, which could reduce the current concentration of the portfolio 12.
Threats
- Intense competition for properties, which can raise acquisition prices and reduce investment returns 1.
- Rising financing costs, which could compress margins on new investments if rates stay high 2.
- Falling demand for conventional fuel due to electric vehicles and climate policy could weaken tenant performance 1.
Risks
- Dependence on petroleum-sector tenantshigh
A large share of tenants depend on the same industry, and factors that hit fuel distribution could reduce the company's revenue 1.
- Tenant credit qualitymedium
Most tenants are unrated and do not publish financial statements, which makes it hard to assess the risk of unpaid rent 1.
- Access to financingmedium
The company relies on external capital, and terms could become less favourable, which could limit new investment 12.
- Environmental liabilitiesmedium
Costs and accruals for environmental contamination, including MTBE litigation, have varied significantly between periods and can affect results 12.
- Geographic concentrationlow
A significant part of the properties is concentrated in certain states, and adverse conditions in those regions could affect operations 1.
Investment thesis
What would need to be true (bull case)
- Portfolio growth and rising AFFO per share in 2026, together with raised guidance and an investment grade credit rating, could support steady expansion if investment yields stay attractive 23.
- Long-term triple-net leases in which tenants bear operating costs give a predictable cash flow, which matters for a REIT that distributes most of its income 1.
- Redeveloping older sites and building new properties could add value if projects finish on time and on budget 12.
What would break the thesis
- Competition for properties and higher financing costs could reduce returns on new investment and slow AFFO per share growth 12.
- Heavy exposure to petroleum-sector tenants could become a problem if fuel demand falls sharply because of electric vehicles or environmental rules 1.
- Unrated tenants and limited public financial information could hide credit risks that later show up as lost income or extra provisions 1.
What to watch
- Delivery of 2026 AFFO guidance of 2.53 to 2.54 USD per diluted share and of the pipeline of more than 75 million USD in committed investmentsQ4 2026
- Completion of the 261 million USD Refuel transaction and integration of the acquired portfolio2027
- Trend in financing costs after the 200 million USD term loan and how the company refinances its debtnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Getty Realty Corp. (NYSE: GTY) is a net lease REIT focused on acquiring, financing and developing single tenant retail properties, especially convenience stores, express tunnel car washes, automotive service centers and drive-thru quick service restaurants 1. As of December 31, 2025 the portfolio included 1,174 properties in 44 states and Washington, D.C. 1, and by September 30, 2026 the count had reached 1,269 2. The company is internally managed and headquartered in New York 1.
Revenue relies mostly on triple-net leases, under which tenants bear taxes, maintenance, insurance and operating expenses; leases generally have initial terms of 15 or 20 years with renewal options and periodic rent escalations 1. The weighted average remaining lease term, excluding renewals, was 9.9 years at the end of 2025 1.
As a REIT, the company must distribute at least 90% of its taxable income to stockholders 1. Its growth strategy combines sale-leaseback acquisitions, development funding for new properties and redevelopment of older gasoline sites into modern retail formats 12.
Segments
Convenience and automotive property leasing
The core segment includes convenience stores, express tunnel car washes and automotive service centers, leased triple-net to store operators, petroleum distributors and other automotive retail tenants 1. In fiscal 2025 the company acquired 24 convenience stores and 15 automotive service centers within roughly 273.0 million USD of investment 1.
Drive-thru restaurants and other freestanding retail
A second segment covers drive-thru quick service restaurants and other freestanding retail properties; in fiscal 2025, 28 such restaurants were acquired, the largest acquisition category that year 1. In the third quarter of 2026, 53 properties were bought for 286.0 million USD, including two drive-thru restaurants 23.
Market context
The single tenant net lease market for automotive retail is highly competitive, with institutional investors, REITs, investment funds and petroleum companies bidding for similar deals 1. Competition has pushed up acquisition prices for properties, which may limit favourable purchase opportunities 1. The 6.9% initial cash yield reported for the third quarter of 2026 shows the level at which the company has still been able to invest 3.
Over the medium term, demand for automobility and convenience properties depends on consumer behaviour and the shift to electric vehicles, which could reduce conventional fuel consumption 1. The company states that its strategy assumes automobility will remain the dominant form of transport in the United States 1.
Trends
- Higher cost of financingheadwind
The company depends on external capital, and new borrowing costs more than before; a 200 million USD term loan carries an effective rate of 5.03% 2. If funding becomes more expensive, investment spreads could be compressed 1.
- Dependence on the petroleum industryheadwind
Many leases are with fuel distribution companies, and falling demand for gasoline, due to efficiency gains or electric vehicles, could affect rental income 1. This sector exposure is one the company monitors closely 1.
- Capital allocation disciplinemixed
Management said it is reassessing its investment pipeline and taking a disciplined approach to capital allocation in the current market, after the 261 million USD Refuel transaction 3. This caution could slow growth but might improve long-term returns 3.
Competitive position
The company competes with public and non-traded REITs, public and private investment funds, petroleum manufacturing and marketing companies, convenience store retailers and other institutional investors 1. This competition has raised prices for properties Getty seeks and can reduce acquisition opportunities on favourable terms 1.
The company's stated edge lies in management experience in acquiring, financing and managing single tenant retail real estate, and in diversifying by property type, tenant and geography 13.
- Institutional investors and net lease retail REITs
Named in the annual report as public and private REITs, investment funds and well-capitalised investors targeting the same acquisitions.
- Petroleum manufacturing and marketing companies
Companies that produce, distribute or sell fuel can compete for the same convenience and station locations, and are also potential tenants.
- Convenience store retailers
Convenience retailers compete both for tenants and for locations, and are a key actor in the sector in which the company operates.
- Public and private investment funds
Well-capitalised funds can bid for the same sale-leaseback properties, which may push up acquisition prices.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Quarterly report22 Oct 2026
- Current report21 Oct 2026Regulation FD disclosure · Financial statements and exhibits
- Current report21 Oct 2026Results of operations · Financial statements and exhibits
- Current report19 Oct 2026Material agreement · Creation of a direct financial obligation · Regulation FD disclosure · Financial statements and exhibits
- Current report28 Sept 2026Material agreement · Regulation FD disclosure · Financial statements and exhibits
- Current report (amendment)20 Aug 2026Departure or appointment of officers
- Current report03 Aug 2026Departure or appointment of officers
- Quarterly report23 Jul 2026
- Current report22 Jul 2026Regulation FD disclosure · Financial statements and exhibits
- Current report22 Jul 2026Results of operations · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Getty Realty Corp. · 12 Feb 2026
- [2] Form 10-Q, quarter ended 2026-09-30 · SEC / Getty Realty Corp. · 22 Oct 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Getty Realty Corp. · 21 Oct 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.