Getty Realty (FRA:GRL) Operating Margin %: 65.78% (As of Mar. 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:GRL Getty Realty Corp FRA:GRL
87 GF Score
Price €28.94
GF Value €26.75
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Getty Realty Operating Margin %?

Getty Realty FRA:GRL -1.30% 87 Operating Margin % is 65.78% as of Mar. 2026, which is 29% above its 10-year median of 51.10. GuruFocus rates FRA:GRL with a GF Score™ of 87/100 and a GF Value™ of €26.75 (Fairly Valued). The stock has 7 warning signs investors should review. Among 746 REITs companies, Getty Realty ranks better than 60.72% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Getty Realty's Operating Income for the three months ended in Mar. 2026 was €32.9 Mil. Getty Realty's Revenue for the three months ended in Mar. 2026 was €50.0 Mil. Therefore, Getty Realty's Operating Margin % for the quarter that ended in Mar. 2026 was 65.78%.

Good Sign:

Getty Realty Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Getty Realty's Operating Margin % or its related term are showing as below:

FRA:GRL' s Operating Margin % Range Over the Past 10 Years
Min: 47.71   Med: 51.1   Max: 63.06
Current: 58.36


FRA:GRL's Operating Margin % is ranked better than
60.72% of 746 companies
in the REITs industry
Industry Median: 52.725 vs FRA:GRL: 58.36

Getty Realty's 5-Year Average Operating Margin % Growth Rate was 1.20% per year.

Getty Realty's Operating Income for the three months ended in Mar. 2026 was €32.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €113.9 Mil.


Getty Realty  (FRA:GRL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Getty Realty Operating Margin % Related Terms


Getty Realty Operating Margin % Historical Data

* Premium members only.

The historical data trend for Getty Realty's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Getty Realty Operating Margin % Chart

Getty Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.71 63.06 49.38 52.95 54.95

Getty Realty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.10 44.62 63.07 59.03 65.78

FRA:GRL vs NTST, CBL, ALX: Operating Margin % Comparison

For the REIT - Retail subindustry, Getty Realty's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Getty Realty Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Getty Realty's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Getty Realty's Operating Margin % falls into.


FRA:GRL
87GF Score
Getty Realty Corp FRA:GRL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Getty Realty Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Getty Realty's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=104.043 / 189.355
=54.95 %

Getty Realty's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=32.913 / 50.035
=65.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 65.78% mean?
Getty Realty (FRA:GRL) has a Operating Margin % of 65.78% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Getty Realty and its competitors. This is 29% above median its historical median of 51.10. Over the past decade, Getty Realty's Operating Margin % has ranged from 47.71 to 63.06. According to the industry distribution chart, Getty Realty ranks #293 out of 746 companies in the REITs industry, placing it in the top 39.3%.
Is Getty Realty's Operating Margin % too high?
Getty Realty's current Operating Margin % of 65.78% is 29% above median its 10-year median of 51.10. Over the past 10 years, this metric has ranged from a low of 47.71 to a high of 63.06. The REITs industry median Operating Margin % is 52.73. Getty Realty's value of 65.78% is 24.8% above this industry median. Based on the distribution chart, Getty Realty ranks #293 out of 746 companies in the REITs industry, which is above the industry midpoint. Overall, Getty Realty has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Getty Realty's Operating Margin % compare to NTST and CBL?
According to the REITs industry distribution chart, Getty Realty ranks #293 out of 746 companies for Operating Margin %. This puts Getty Realty in the upper half of its industry. The industry median Operating Margin % is 52.73. Getty Realty's value of 65.78% is 24.8% above this benchmark. Historically, Getty Realty's own Operating Margin % has ranged from 47.71 to 63.06 over the past decade. While the company's 10-year median is 51.10 vs. the industry median of 52.73, Getty Realty has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.73, based on 746 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Getty Realty's current Operating Margin % of 65.78% is 24.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Getty Realty and its competitors. For the REITs industry, the median Operating Margin % is 52.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Getty Realty's current Operating Margin % is 65.78%, which is 29% above median its own 10-year median of 51.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getty Realty stock overvalued right now?
Based on GuruFocus' analysis, Getty Realty (FRA:GRL) is currently considered Fairly Valued. The stock's GF Value™ is €26.75, compared to a current price of €28.94 — trading 8.2% above its estimated fair value. The current Operating Margin % is 65.78%, which is 29% above median its 10-year median of 51.10 and 24.8% above the REITs industry median of 52.73. Getty Realty's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Getty Realty (FRA:GRL), the current Operating Margin % is 65.78% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Getty Realty (FRA:GRL) Overvalued in 2026?

Based on GuruFocus' analysis, Getty Realty stock appears to be overvalued. The current stock price of €28.94 is trading 8.2% above its estimated GF Value™ of €26.75. GuruFocus considers Getty Realty to be Fairly Valued.

Key valuation signals for FRA:GRL:

  • Operating Margin %: 65.78% (29% above median its 10-year median of 51.10)
  • GF Value™: €26.75 vs. price of €28.94 (8.2% above fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 24.8% above the REITs median (#293 of 746)

No single metric tells the full story. See the FRA:GRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Getty Realty Business Description

Industry Real EstateREITs
Other Exchanges GTY:USA
Address 292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is a net lease real estate investment trust in the U.S.A, specializing in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate. The company's portfolio includes convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision), drive-thru quick service restaurants, and certain other freestanding retail properties. It generates maximum revenue in the form of rental income.
87GF Score

Get the complete analysis for FRA:GRL

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.94
Price
€26.75
GF Value