Getty Realty Corp (NYSE:GTY)
$ 34.14 -0.10 (-0.29%) Market Cap: 2.11 Bil Enterprise Value: 3.19 Bil PE Ratio: 20.82 PB Ratio: 1.88 GF Score: 86/100

Q2 2026 Getty Realty Corp Earnings Call Transcript

Jul 23, 2026 / 12:30 PM GMT
Release Date Price: $34.71 (-3.07%)

Key Points

Positve
  • Getty Realty Corp (GTY) increased its annualized base rent by 15% and grew its AFFO per share by 5.1% in Q2 2026.
  • The company's portfolio is nearly fully occupied with a 99.8% occupancy rate and an average remaining lease term of more than 10 years.
  • Getty Realty Corp (GTY) has a strong capital position with over $570 million in total liquidity and no debt maturities until June 2028.
  • The company has a robust pipeline with approximately $95 million of investments under contract and significant opportunities in the convenience and automotive retail sectors.
  • Getty Realty Corp (GTY) increased its full-year 2026 AFFO per share guidance, reflecting confidence in its investment activities and portfolio performance.
Negative
  • Economic volatility driven by geopolitical events poses a risk to Getty Realty Corp (GTY)'s operations and tenant performance.
  • The company's sub-1X rent coverage bucket rose by 70 basis points, indicating potential challenges in certain tenant sectors.
  • Getty Realty Corp (GTY) faces competition in the transaction market, which could impact its ability to secure favorable deals.
  • The company's reliance on non-GAAP financial measures may obscure the true financial performance and risks.
  • Getty Realty Corp (GTY) has not realized any credit losses year-to-date, but there is always a risk of future credit issues.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GTY.N - Getty Realty Corp
Q2 2026 Getty Realty Corp Earnings Call
Jul 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 Getty Realty second 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, we'll read a safe harbor statement and provide information about non-GAAP financial measures.

Please go ahead, Ms.

Sticker.

Thank you, operator, I would like to thank you all for joining us for Getti Realty's second quarter earnings conference call yesterday afternoon, the company released its financial and operating results for the quarter ended June 30th, 2026.

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