GETTY REALTY CORP /MD/ financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GETTY REALTY CORP /MD/ files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	115	120	136	141	147	155	166	186	203	222
General and administrative	14.2	13.9	15.1	15.4	17.3	20.2	20.6	23.7	25.3	27.3
Operating expenses	67.3	66.9
Operating income	54.4	56.4	67.3	66.8	75.6	86.5	117	91.1	110	127
Interest expense	16.6	17.8	22.3	24.6	26.1	24.7	27.7	31.5	39.3	46.4
Other non-operating income	2.03	8.52	2.73	7.59	21.1	1.08	0.41	0.57	0.57	0.44
Income from continuing operations	39.8	45	48.4
Net income	38.4	47.2	47.7	49.7	69.4	62.9	90	60.2	71.1	79.2
EBITDA	73.5	75.5	91	91.9	106	122	157	136	165	189
EPS, basic	1.12	1.26	1.17	1.19	1.62	1.37	1.88	1.16	1.26	1.35
EPS, diluted	1.12	1.26	1.17	1.19	1.62	1.37	1.88	1.15	1.25	1.35
Shares, basic (weighted)	33.8	36.9	40.2	41.1	42	44.8	46.7	50	54.3	56.3
Shares, diluted (weighted)	33.8	36.9	40.2	41.1	42.1	44.8	46.8	50.2	54.6	56.5
Dividend per share	1.03	1.16	1.31	1.42	1.50	1.58	1.66	1.74	1.82	1.90

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	12.5	20	46.9	21.8	55.1	24.7	8.71	3.31	9.48	8.36
Lease right-of-use assets				21.2	24.3	21.1	18.2	14.6	12.4	10.2
Intangible assets							74	100	129	155
Total assets	877	1,073	1,162	1,212	1,350	1,467	1,562	1,822	1,974	2,173
Total liabilities	446	519	581	622	690	722	802	867	1,012	1,101
Total debt	299	379	442	467	548	581	691	755	904	995
Paid-in capital	486	605	638	656	723	818	822	1,053	1,088	1,229
Other comprehensive income								-4.02	-1.86	0
Shareholders' equity	431	554	581	589	660	745	760	956	962	1,072
Total equity	431	554	581	589	660	745	760	956	962	1,072
Total liabilities and equity	877	1,073	1,162	1,212	1,350	1,467	1,562	1,822	1,974	2,173
Shares outstanding	34.4	39.7	40.9	41.4	43.6	46.7	46.7	54	55	59.8

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	38.4	47.2	47.7	49.7	69.4	62.9	90	60.2	71.1	79.2
Depreciation and amortization	19.2	19.1	23.6	25.2	30.2	35.5	39.9	45.3	55	61.9
Stock-based compensation	1.43	1.35	1.78	2.47	3.13	4	4.78	5.58	5.93	6.92
Change in receivables	-2.38	-1.3	-0.34	-0.55	-1.05	0.06	-0.78	-1.1	2.5	0.14
Change in payables	-1.58	1.18	1.91	8.1	-13.3	-0.55	-2.12	-0.47	0.56	7.56
Cash from operations	36.9	59.3	66.4	76.8	82.8	86.8	93.1	105	131	127
Capital expenditures	-0.3	-0.43	-3.79	-0.01	-0.28	-0.27		-0.31	-0.88	-0.43
Cash from investing	13	-209	-78.9	-82.6	-127	-170	-139	-311	-200	-242
Debt issued								75	75
Stock issued	14.9
Dividends paid	-33.2	-39.3	-50.5	-56.9	-62.6	-70.8	-78.3	-87	-100	-109
Cash from financing	-41	157	40.5	-19.3	78	52.3	30.8	199	78.3	114
Net change in cash	8.84	7.62	27.9	-25.1	33.4	-30.6	-15.2	-5.96	8.33	-0.84
Free cash flow	36.6	58.8	62.6	76.8	82.5	86.5		105	130	127
Interest paid	15.7	16.4	20.8	23	25.7	23.7	26.5	29.4	38.2	43.5
Income taxes paid	0.37	-0.2	0.24	0.3	0.35	0.36	0.56	0.68	0.35	0.53

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $28.66 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	63.8%	Operating income / revenue.
EBITDA margin	91.3%	EBITDA (operating income + depreciation and amortization) / revenue.
Net margin	42.7%	Net income / revenue.
FCF margin	59.4%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	59.6%	Cash from operations / revenue.
Return on equity (ROE)	8.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	4.3%	Net income / average total assets.
Return on invested capital (ROIC)	5.4%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue	2.7%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.1%	Capital expenditures / revenue.
D&A / revenue	27.5%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	9.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	10.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	8.5%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	15.5%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	2.6%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	10.9%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	14.5%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	6.3%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	12.3%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	11.4%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-4.2%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	2.7%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	8.0%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-10.5%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	-3.6%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-2.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	11.0%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	9.0%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-2.0%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 5y	9.0%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	4.4%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	4.6%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	4.8%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	11.4%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	12.2%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	10.2%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	10.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	11.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	10.0%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	3.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	6.4%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	6.1%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Debt / equity	0.95x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	46.6%	Total debt / total assets.
Liabilities / assets	51.0%	Total liabilities / total assets.
Net debt	$1.06B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	4.99x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	3.10x	Operating income / interest expense.
Tangible book value	$1.12B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.10x	Revenue / average total assets.
FCF conversion	139.1%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	0.2%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.64	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$3.84	Revenue / diluted weighted shares.
FCF per share	$2.28	Free cash flow / diluted weighted shares.
Operating cash flow per share	$2.29	Cash from operations / diluted weighted shares.
Book value per share	$18.12	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$18.12	Tangible book value / shares outstanding.
Cash per share	$0.08	(Cash + short-term investments) / shares outstanding.
Payout ratio	115.9%	Dividends paid / net income, when net income is positive.
Dividends / FCF	83.3%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$1.77B	Share price x shares outstanding.
Enterprise value	$2.84B	Market cap + total debt - cash - short-term investments.
P/E	17.8x	Market cap / net income. Only when net income is positive.
P/S	7.62x	Market cap / revenue.
P/B	1.58x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.58x	Market cap / tangible book value, when positive.
P/FCF	12.8x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	12.8x	Market cap / cash from operations, when positive.
EV/Sales	12.2x	Enterprise value / revenue.
EV/EBIT	19.1x	Enterprise value / operating income, when both are positive.
EV/EBITDA	13.3x	Enterprise value / EBITDA, when both are positive.
EV/FCF	20.5x	Enterprise value / free cash flow, when both are positive.
FCF yield	7.8%	Free cash flow / market cap.
Earnings yield	5.6%	Net income / market cap (the inverse of P/E).
Dividend yield	6.5%	Dividends paid over the period / market cap.
Shareholder yield	6.5%	(Dividends paid + share buybacks) / market cap.

What was GETTY REALTY CORP /MD/'s revenue in fiscal 2025?

GETTY REALTY CORP /MD/ reported revenue of $221.7M for fiscal 2025, 9% higher than the year before.

Was GETTY REALTY CORP /MD/ profitable in fiscal 2025?

Yes. Net income was $79.2M, a net margin of 35.7%.

How much free cash flow did GETTY REALTY CORP /MD/ generate in fiscal 2025?

Cash from operations of $127.4M minus capital expenditures of $429.0K left free cash flow of $127.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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