Getty Realty Corp (FRA:GRL)
€ 28.94 -0.38 (-1.3%) Market Cap: 1.83 Bil Enterprise Value: 2.71 Bil PE Ratio: 22.67 PB Ratio: 1.91 GF Score: 87/100

Q1 2026 Getty Realty Corp Earnings Call Transcript

Apr 23, 2026 / 12:30 PM GMT
Release Date Price: €27.94 (-2.17%)

Key Points

Positve
  • Getty Realty Corp (GTY) reported a 13.1% year-over-year increase in annualized base rent.
  • The company achieved a 6.8% increase in ASFO per share and raised its full-year 2026 earnings guidance.
  • Getty Realty Corp (GTY) maintained a strong capital position with over $625 million in total liquidity.
  • The company's portfolio is nearly fully occupied with a 99.7% occupancy rate and a weighted average lease term of 10.1 years.
  • Getty Realty Corp (GTY) has a robust investment pipeline with approximately $125 million of investments under contract.
Negative
  • The company faces potential risks from geopolitical events and macroeconomic uncertainties.
  • Getty Realty Corp (GTY) has a conservative assumption of 25 basis points for credit loss in its 2026 guidance.
  • The company's investment pipeline is skewed towards development funding, which may have longer timelines.
  • Getty Realty Corp (GTY) is exposed to fluctuations in fuel prices, which can impact tenant performance.
  • The company's G&A expenses, while improving, still represent a significant portion of cash rental and interest income.


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E D I T E D V E R S I O N

GTY.N - Getty Realty Corp
Q1 2026 Getty Realty Corp Earnings Call
Apr 23, 2026 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to the Getty Realty first quarter 2026 earnings call.

This call is being recorded.

After the presentation there will be an opportunity to ask questions.

Prior to starting the call, Joshua Dicker, Executive Vice President, General Counsel and Secretary of the company will read a safe harbor statement and provide information about non-GAAP financial measures. Please go ahead sir.

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Unidentified_2 [2]
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Thank you, operator. I would like to thank you all for joining us for Getty Realty's first quarter earnings
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