GETTY REALTY CORP /MD/ (GTY) Form 10-Q — Oct 22, 2026
Getty Realty reported Q3 2026 net earnings of $25.6 million ($0.40/share) and nine-month net earnings of $74.8 million ($1.18/share vs $0.89 a year ago). Nine-month revenues rose to $179.9 million from $161.2 million, driven by an expanded portfolio now totaling 1,269 properties across 46 states. The REIT invested $462.7 million in the first nine months of 2026, including 110 properties acquired for $443.2 million — more than triple the prior-year pace. It funded this partly via a $128.2 million equity offering settlement and $96.1 million of ATM forward settlements, with a new $200 million unsecured term loan added in October at an effective 5.03% rate.
Key figures
- Eps
- 1.18
- Revenue
- 179885000
- Net Income
- 74820000
- Total Debt
- 0
- Revenue Yoy
- 9-2026 nine-month total revenues $179.9M vs $161.2M; Q3 $62.99M vs $55.59M (+13%)
- Cash Position
- 0
- Shares Outstanding
- 67123711
- Term loan
- $200.0M unsecured term loan (Oct 16, 2026 amendment), effective rate 5.03%, matures Oct 16, 2028
- Properties
- 1269
- Nine month ffo
- $118.6M
- Nine month affo
- $119.0M
- Dividends paid 9m
- $91.0M ($1.455/share)
- Q3 affo per share
- $0.64 vs $0.62
- Litigation accrual
- $5.0M
- Nine month eps yoy
- $1.18 vs $0.89
- Acquisitions 9m 2026
- 110 properties for $443.2M
- Q3 2026 net earnings
- $25.6M vs $23.3M
- Environmental accrual
- $8.2M as of Sep 30, 2026 (down from $15.9M)
- Weighted avg lease term
- 10.8 years
- Equity offering net proceeds
- $128.2M (4.0M shares settled Q3 2026)
- Atm settlement net proceeds 9m
- $96.1M
AI analysis
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