Getty Realty Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Getty Realty Corp reported revenue of $221.7M (+9.0% year on year) and net income of $79.2M (+11.4% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenues from rental properties | $219.6M | $198.7M | $180.5M | $163.9M |
| Interest on notes and mortgages receivable | $2.1M | $4.7M | $5.4M | $1.7M |
| Total revenues | $221.7M | $203.4M | $185.8M | $165.6M |
| Property costs | $8.7M | $14.9M | $23.8M | $21.6M |
| Impairments | $2.8M | $4.0M | $5.2M | $3.5M |
| Environmental | $1.9M | $585.0K | $1.3M | ($20.9M) |
| General and administrative | $27.3M | $25.3M | $23.7M | $20.6M |
| Depreciation and amortization | $61.9M | $55.0M | $45.3M | $39.9M |
| Total operating expenses | $102.7M | $99.7M | $99.3M | $64.7M |
| Gains on dispositions of real estate | $7.8M | $6.0M | $4.6M | $16.4M |
| Operating income | $126.8M | $109.8M | $91.1M | $117.3M |
| Other income, net | $439.0K | $566.0K | $574.0K | $413.0K |
| Interest expense | ($46.4M) | ($39.3M) | ($31.5M) | ($27.7M) |
| Loss on termination of interest rate swaps | ($1.7M) | — | — | — |
| Net earnings | $79.2M | $71.1M | $60.2M | $90.0M |
| Net Earnings | $1.35 | $1.26 | $1.16 | $1.88 |
| Basic | 56.3M | 54.3M | 50.0M | 46.7M |
| Diluted | 56.5M | 54.6M | 50.2M | 46.8M |
| Unrealized gain (loss) on cash flow hedges | $1.3M | $2.7M | ($3.9M) | — |
| Cash flow hedge income reclassified to interest expense | $593.0K | ($531.0K) | ($83.0K) | — |
| Total other comprehensive income (loss) | $1.9M | $2.2M | ($4.0M) | — |
| Comprehensive income | $81.1M | $73.2M | $56.1M | — |
| Line item | Sep 30, 2026 · Q3 | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 |
|---|---|---|---|---|
| Revenues from rental properties | $62.3M | $58.6M | $57.4M | $55.2M |
| Interest on notes and mortgages receivable | $725.0K | $497.0K | $454.0K | $432.0K |
| Total revenues | $63.0M | $59.1M | $57.8M | $55.6M |
| Property costs | $2.2M | $2.0M | $2.0M | $2.4M |
| Impairments | $373.0K | $2.5M | $1.5M | $647.0K |
| Environmental | $320.0K | $337.0K | ($7.5M) | ($3.4M) |
| General and administrative | $8.3M | $7.3M | $9.1M | $6.4M |
| Depreciation and amortization | $18.3M | $16.8M | $16.3M | $15.0M |
| Total operating expenses | $29.6M | $28.9M | $21.3M | $21.2M |
| Gains on dispositions of real estate | $5.4M | $4.7M | $1.7M | $338.0K |
| Operating income | $38.9M | $34.9M | $38.3M | $34.8M |
| Other income, net | $189.0K | ($45.0K) | $380.0K | $47.0K |
| Interest expense | ($13.4M) | ($12.3M) | ($12.0M) | ($11.4M) |
| Basic net earnings per common share: | $0.40 | $0.36 | $0.43 | $0.40 |
| Diluted net earnings per common share: | $0.40 | $0.36 | $0.43 | $0.40 |
| Basic | 62.4M | 60.6M | 59.9M | 56.7M |
| Diluted | 62.6M | 60.7M | 59.9M | 56.8M |
| Net earnings | $25.6M | $22.6M | $26.6M | $23.3M |
| Total other comprehensive income (loss) | $0 | $0 | — | $248.0K |
| Comprehensive income | $25.6M | $22.6M | $26.6M | $23.6M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Land | $1.1B | $943.8M | $867.9M | $802.0M |
| Buildings and improvements | $1.1B | $1.0B | $847.3M | $707.4M |
| Lease intangible assets | $209.2M | $171.1M | — | — |
| Investment in direct financing leases, net | $38.9M | $43.4M | $60.0M | $66.2M |
| Construction in progress | $73.0K | $96.0K | $426.0K | $578.0K |
| Real estate held for use | $2.4B | $2.2B | $1.8B | $1.6B |
| Less accumulated depreciation and amortization | ($405.9M) | ($350.6M) | ($265.6M) | ($232.8M) |
| Real estate held for use, net | $2.0B | $1.8B | $1.5B | $1.3B |
| Real estate held for sale, net | $1.9M | $243.0K | $2.4M | $3.8M |
| Real estate, net | $2.0B | $1.8B | $1.6B | $1.3B |
| Notes and mortgages receivable | $19.5M | $29.5M | $112.0M | $34.3M |
| Cash and cash equivalents | $8.4M | $9.5M | $3.3M | $8.7M |
| Restricted cash | $4.4M | $4.1M | $2.0M | $2.5M |
| Deferred rent receivable | $70.3M | $61.6M | $54.4M | $50.4M |
| Accounts receivable | $2.4M | $2.5M | $5.0M | $4.2M |
| Right-of-use assets - operating | $10.2M | $12.4M | $14.6M | $18.2M |
| Right-of-use assets - finance | $60.0K | $107.0K | $174.0K | $277.0K |
| Prepaid expenses and other assets | $22.0M | $17.2M | $18.1M | $96.6M |
| Total assets | $2.2B | $2.0B | $1.8B | $1.6B |
| Credit Facility | $250.0M | $82.5M | $10.0M | $70.0M |
| Senior Unsecured Notes, net | $748.4M | $673.5M | $673.4M | $623.5M |
| Environmental remediation obligations | $15.9M | $20.9M | $22.4M | $23.2M |
| Dividends payable | $29.8M | $26.5M | $24.9M | $20.6M |
| Lease liability - operating | $11.3M | $13.6M | $16.1M | $20.0M |
| Lease liability - finance | $174.0K | $330.0K | $595.0K | $1.5M |
| Accounts payable and accrued liabilities | $45.7M | $45.2M | $46.8M | $43.7M |
| Total liabilities | $1.1B | $1.0B | $866.8M | $802.4M |
| Common stock, $0.01 par value; 100,000,000 shares authorized; 59,815,921 and 55,027,144 shares issued and outstanding, respectively | 598.0K | 550.0K | 540.0K | 467.0K |
| Accumulated other comprehensive income (loss) | $0 | ($1.9M) | ($4.0M) | — |
| Additional paid-in capital | $1.2B | $1.1B | $1.1B | $822.3M |
| Dividends paid in excess of earnings | ($157.8M) | ($125.0M) | ($94.1M) | ($63.0M) |
| Total stockholders’ equity | $1.1B | $962.1M | $955.6M | $759.9M |
| Total liabilities and stockholders’ equity | $2.2B | $2.0B | $1.8B | $1.6B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 |
|---|---|---|---|---|
| Land | $1.3B | $1.1B | $1.1B | $991.5M |
| Buildings and improvements | $1.3B | $1.2B | $1.2B | $1.1B |
| Lease intangible assets | $267.2M | $228.3M | $211.8M | $188.1M |
| Investment in direct financing leases, net | $34.8M | $36.2M | $37.6M | $40.0M |
| Construction in progress | $144.0K | $108.0K | $77.0K | $76.0K |
| Real estate held for use | $2.8B | $2.6B | $2.5B | $2.3B |
| Less accumulated depreciation and amortization | ($441.5M) | ($428.6M) | ($416.3M) | ($389.9M) |
| Real estate held for use, net | $2.4B | $2.1B | $2.0B | $1.9B |
| Real estate held for sale, net | $1.1M | $2.5M | $608.0K | $8.1M |
| Real estate, net | $2.4B | $2.1B | $2.0B | $1.9B |
| Notes and mortgages receivable | $34.3M | $29.4M | $21.2M | — |
| Cash and cash equivalents | $8.8M | $4.8M | $3.7M | $5.2M |
| Restricted cash | $3.8M | $4.4M | $4.4M | $4.4M |
| Deferred rent receivable | $77.6M | $74.7M | $72.1M | $68.5M |
| Accounts receivable | $3.2M | $3.1M | $2.2M | $2.0M |
| Right-of-use assets - operating | $10.8M | $8.8M | $9.3M | $10.8M |
| Right-of-use assets - finance | $25.0K | $37.0K | $49.0K | $72.0K |
| Prepaid expenses and other assets | $29.7M | $22.8M | $22.9M | $19.7M |
| Total assets | $2.6B | $2.3B | $2.2B | $2.1B |
| Credit Facility | $200.0M | $73.0M | — | $190.0M |
| Senior Unsecured Notes, net | $997.0M | $996.9M | $997.0M | $748.4M |
| Environmental remediation obligations | $8.2M | $8.4M | $8.5M | $16.5M |
| Dividends payable | $33.3M | $30.9M | $30.2M | $27.9M |
| Lease liability - operating | $11.8M | $9.7M | $10.3M | $12.0M |
| Lease liability - finance | $72.0K | $107.0K | $141.0K | $206.0K |
| Accounts payable and accrued liabilities | $43.8M | $49.6M | $44.3M | $48.5M |
| Total liabilities | $1.3B | $1.2B | $1.1B | $1.0B |
| Common stock, $0.01 par value; 100,000,000 shares authorized; 67,123,296 and 59,815,921 shares issued and outstanding, respectively | 671.0K | 619.0K | 605.0K | 577.0K |
| Accumulated other comprehensive income (loss) | $0 | $0 | $0 | ($1.8M) |
| Additional paid-in capital | $1.5B | $1.3B | $1.3B | $1.2B |
| Dividends paid in excess of earnings | ($177.5M) | ($169.8M) | ($161.4M) | ($155.0M) |
| Total stockholders’ equity | $1.3B | $1.1B | $1.1B | $1.0B |
| Total liabilities and stockholders’ equity | $2.6B | $2.3B | $2.2B | $2.1B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net earnings | $79.2M | $71.1M | $60.2M | $90.0M |
| Depreciation and amortization expense | $61.9M | $55.0M | $45.3M | $39.9M |
| Impairment charges | $2.8M | $4.0M | $5.2M | $3.5M |
| Gains on dispositions of real estate | ($7.8M) | ($6.0M) | ($4.6M) | ($16.4M) |
| Deferred rent receivable | ($8.8M) | ($7.1M) | ($4.0M) | ($3.5M) |
| Recovery of allowance for credit loss on notes and mortgages receivable and direct financing leases | ($67.0K) | ($177.0K) | ($189.0K) | $50.0K |
| Amortization of intangible market lease assets and liabilities | ($3.1M) | ($143.0K) | — | — |
| Amortization of investment in direct financing leases | $4.7M | $5.6M | $6.0M | $5.4M |
| Amortization of debt issuance costs | $2.5M | $2.3M | $1.2M | $946.0K |
| Accretion expense | $313.0K | $407.0K | $585.0K | $1.3M |
| Stock-based compensation expense | $6.9M | $5.9M | $5.6M | $4.8M |
| Accounts receivable | $144.0K | $2.5M | ($1.1M) | ($784.0K) |
| Prepaid expenses and other assets | ($11.1M) | $1.5M | ($2.3M) | ($2.0M) |
| Environmental remediation obligations | ($7.8M) | ($4.8M) | ($6.2M) | ($28.1M) |
| Accounts payable and accrued liabilities | $7.6M | $563.0K | ($471.0K) | ($2.1M) |
| Net cash flow provided by operating activities | $127.4M | $130.5M | $105.3M | $93.1M |
| Property acquisitions | ($277.7M) | ($290.1M) | ($248.1M) | ($137.3M) |
| Capital expenditures | ($429.0K) | ($878.0K) | ($309.0K) | — |
| Addition to construction in progress, net | $4.0K | ($1.1M) | ($349.0K) | ($56.0K) |
| Proceeds from dispositions of real estate | $14.0M | $13.0M | $11.2M | $24.2M |
| Deposits for property acquisitions | $7.1M | ($3.0M) | $3.9M | ($8.3M) |
| Issuance of notes and mortgages receivable | ($12.8M) | ($23.1M) | ($119.3M) | ($19.3M) |
| Collection of notes and mortgages receivable | $28.0M | $104.7M | $42.2M | $1.6M |
| Net cash flow used in investing activities | ($241.9M) | ($200.5M) | ($310.7M) | ($139.1M) |
| Borrowings from Credit Facility | $616.0M | $236.0M | $230.5M | $90.0M |
| Repayments of Credit Facility | ($448.5M) | ($163.5M) | ($290.5M) | ($80.0M) |
| Proceeds from Senior Unsecured Notes | $125.0M | — | $125.0M | $100.0M |
| Repayment of Term Loan | ($150.0M) | — | — | — |
| Repayments of Senior Unsecured Notes | ($50.0M) | — | ($75.0M) | — |
| Payments of finance lease liability | ($156.0K) | ($265.0K) | ($297.0K) | ($487.0K) |
| Payments of cash dividends | ($108.7M) | ($100.2M) | ($87.0M) | ($78.3M) |
| Payments of debt issuance costs | ($4.5M) | ($145.0K) | ($2.9M) | ($611.0K) |
| Security deposits received (refunded) | $413.0K | $2.1M | ($547.0K) | $823.0K |
| Payments in settlement of restricted stock units | ($1.3M) | ($1.3M) | ($1.0M) | ($496.0K) |
| Proceeds from issuance of common stock, net - equity offering | $113.6M | ($399.0K) | $112.1M | — |
| Proceeds from issuance of common stock, net - ATM Program | $21.7M | $31.0M | $114.1M | — |
| Net cash flow provided by financing activities | $113.6M | $78.3M | $199.4M | $30.8M |
| Change in cash, cash equivalents and restricted cash | ($837.0K) | $8.3M | ($6.0M) | ($15.2M) |
| Cash, cash equivalents and restricted cash at beginning of year | $13.6M | $5.3M | $11.2M | $26.5M |
| Cash, cash equivalents and restricted cash at end of year | $12.8M | $13.6M | $5.3M | $11.2M |
| Interest | $43.5M | $38.2M | $29.4M | $26.5M |
| Income taxes | $525.0K | $352.0K | $677.0K | $557.0K |
| Environmental remediation obligations | $3.0M | $3.8M | $5.9M | $4.3M |
| Dividends declared but not yet paid | $29.8M | $26.5M | $24.9M | $20.6M |
| Issuance of notes and mortgages receivable related to property dispositions | $5.3M | $0 | — | $1.1M |
| Line item | Sep 30, 2026 · YTD | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD |
|---|---|---|---|---|
| Net earnings | $74.8M | $49.2M | $26.6M | $52.1M |
| Depreciation and amortization expense | $51.4M | $33.0M | $16.3M | $46.0M |
| Impairments | $4.3M | $4.0M | $1.5M | $2.3M |
| Gains on dispositions of real estate | ($11.9M) | ($6.5M) | ($1.7M) | ($2.2M) |
| Interest on lease receivable - sales-type lease | ($35.0K) | — | — | — |
| Deferred rent receivable | ($7.4M) | ($4.3M) | ($1.8M) | ($6.9M) |
| Amortization of intangible market lease assets and liabilities and lease incentives | $875.0K | $673.0K | $188.0K | $391.0K |
| Amortization of investment in direct financing leases | $4.1M | $2.7M | $1.3M | $3.4M |
| Amortization of debt issuance costs | $1.2M | $799.0K | $390.0K | $2.1M |
| Accretion expense | $223.0K | $156.0K | $91.0K | $238.0K |
| Stock-based compensation expense | $4.3M | $2.7M | $952.0K | $5.2M |
| Accounts receivable | ($789.0K) | ($744.0K) | $189.0K | $543.0K |
| Prepaid expenses and other assets | ($5.4M) | ($2.7M) | ($1.7M) | ($6.5M) |
| Environmental remediation obligations | ($9.7M) | ($8.9M) | ($8.1M) | ($6.7M) |
| Accounts payable and accrued liabilities | $57.0K | $4.7M | ($1.1M) | $3.9M |
| Net cash flow provided by operating activities | $106.0M | $74.8M | $33.1M | $93.9M |
| Property acquisitions | ($443.2M) | ($150.8M) | ($28.5M) | ($140.0M) |
| Capital expenditures | ($226.0K) | ($93.0K) | ($47.0K) | ($338.0K) |
| Addition to construction in progress | ($88.0K) | ($52.0K) | ($3.0K) | $2.0K |
| Proceeds from dispositions of real estate | $23.6M | $11.0M | $3.7M | $5.1M |
| Deposits for property acquisitions | $41.0K | $20.0K | $10.0K | $6.0M |
| Issuance of notes and mortgages receivable | ($23.3M) | ($13.9M) | ($3.0M) | ($7.4M) |
| Collection of notes and mortgages receivable | $9.3M | $4.6M | $1.5M | $15.9M |
| Net cash flow used in investing activities | ($434.0M) | ($149.2M) | ($26.4M) | ($120.7M) |
| Borrowings from Credit Facility | $513.9M | $180.0M | $36.0M | $460.0M |
| Repayments of Credit Facility | ($563.9M) | ($357.0M) | ($286.0M) | ($352.5M) |
| Proceeds from Senior Unsecured Notes | $250.0M | $250.0M | $250.0M | $125.0M |
| Payments of finance lease liability | ($101.0K) | ($67.0K) | ($33.0K) | ($124.0K) |
| Payments of cash dividends | ($90.9M) | ($60.0M) | ($29.8M) | ($80.7M) |
| Payments of debt issuance costs | ($1.7M) | ($1.7M) | ($1.5M) | ($4.4M) |
| Security deposits received (refunded) | ($612.0K) | $57.0K | $61.0K | $446.0K |
| Payments in settlement of restricted stock units | ($3.1M) | ($146.0K) | — | ($1.2M) |
| Proceeds from issuance of common stock, net - Equity Offering | $128.2M | — | — | $65.3M |
| Proceeds from issuance of common stock, net - ATM Program | $96.0M | $59.7M | $19.9M | $10.9M |
| Net cash flow provided by financing activities | $327.8M | $70.9M | ($11.4M) | $22.7M |
| Change in cash, cash equivalents and restricted cash | ($160.0K) | ($3.5M) | ($4.6M) | ($4.0M) |
| Cash, cash equivalents and restricted cash at beginning of period | $12.8M | $12.8M | $12.8M | $13.6M |
| Cash, cash equivalents and restricted cash at end of period | $12.6M | $9.3M | $8.1M | $9.6M |
| Interest | $33.8M | $17.1M | $8.9M | $31.5M |
| Income taxes | $613.0K | $581.0K | $426.0K | $536.0K |
| Environmental remediation obligations | $1.9M | $1.2M | $353.0K | $2.3M |
| Dividends declared but not yet paid | $33.3M | $30.9M | $30.2M | $27.9M |
| Right of use asset | $2.6M | — | — | — |
| Lease receivable - sales-type lease | $6.3M | — | — | — |
| Issuance of notes and mortgages receivable related to property dispositions | $688.0K | $448.0K | — | $225.0K |
Getty Realty Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.