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 $31.71 per share. The share price was $28.66 on September 25, 2026, 10% 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% | $12.66 | -56% |
| Base | 8.5% | 9.0% | $31.71 | +11% |
| Bull | 13.5% | 8.0% | $69.69 | +143% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $45.96 | $50.33 | $55.67 | $62.35 | $70.94 |
| 8.0% | $35.31 | $38.14 | $41.49 | $45.52 | $50.43 |
| 9.0% | $27.54 | $29.47 | $31.71 | $34.32 | $37.40 |
| 10.0% | $21.62 | $23.00 | $24.56 | $26.35 | $28.41 |
| 11.0% | $16.98 | $17.99 | $19.12 | $20.39 | $21.83 |
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