GETTY REALTY CORP /MD/ (GTY) Form 8-K — Oct 21, 2026
Getty Realty Corp. (NYSE: GTY) reported third quarter 2026 net earnings of $0.40 per share, FFO of $0.61 per share, and AFFO of $0.64 per share, with AFFO up from $0.62 a year ago. Rental income grew 13.8% to $59.3 million in base rent, driven by acquisitions and contractual rent increases. The company invested $297.4 million across 68 properties in Q3 at a 6.9% initial cash yield and has deployed more than $500 million year-to-date, including the $261 million Refuel transaction.
Key figures
- Eps
- 0.4
- Revenue
- 62990000
- Guidance
- 2026 AFFO guidance increased to $2.53-$2.54 per diluted share from prior $2.52-$2.54
- Net Income
- 25606000
- Total Debt
- 1200000000
- Revenue Yoy
- 13.3% Q3 total revenue growth ($62.99M vs $55.59M)
- Total Assets
- 2572148000
- Cash Position
- 8834000
- New term loan
- $200.0 million at 5.03% effective rate, maturing October 16, 2028
- Q3 investments
- $297.4 million at 6.9% initial cash yield
- Q3 dispositions
- 8 properties for $11.6 million gross proceeds, $3.4 million gain
- Ytd investments
- $502.3 million at 7.2% initial cash yield
- Q3 ffo per share
- 0.61
- New forward sales
- ~0.8 million shares for anticipated gross proceeds of $28.0 million
- Q3 affo per share
- 0.64
- Investment pipeline
- >$75 million across 29 properties
- Portfolio properties
- 1269
- Revolver outstanding
- 200000000
- Base rental income q3
- $59.3 million, up 13.8%
- Senior unsecured notes
- $1.0 billion at 4.5% weighted average rate, 5.5 year weighted average maturity
- Post quarter investments
- $46.3 million at 7.6% initial cash yield
- Refuel transaction value
- $261 million
- Ytd affo per share growth
- 5.0%
- Prior year q3 affo per share
- 0.62
- Forward settlement net proceeds
- $164.6 million for ~5.1 million shares
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