What is Getty Realty Corp worth?
With the base-case assumptions below, a discounted cash flow model on Getty Realty Corp's reported free cash flow gives $29.52 per share. The share price was $28.83 on November 10, 2026, 2% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 3.5% | 10.0% | $10.47 | -64% |
| Base | 8.5% | 9.0% | $29.52 | +2% |
| Bull | 13.5% | 8.0% | $67.51 | +134% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $43.77 | $48.14 | $53.49 | $60.17 | $68.76 |
| 8.0% | $33.12 | $35.96 | $39.31 | $43.33 | $48.24 |
| 9.0% | $25.35 | $27.29 | $29.52 | $32.13 | $35.22 |
| 10.0% | $19.43 | $20.81 | $22.38 | $24.16 | $26.22 |
| 11.0% | $14.79 | $15.80 | $16.93 | $18.20 | $19.64 |
Where the presets come from
Base: years 1 to 5 grow at Getty Realty Corp's revenue growth rate over the last 5 fiscal years (8.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions