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.
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.
Getty RealtyFRA:GRL -1.30%87 Return-on-Tangible-Equity is 9.92% as of Mar. 2026, which is 14% above its 10-year median of 8.73. 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 934 REITs companies, Getty Realty ranks better than 67.77% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Getty Realty's annualized net income for the quarter that ended in Mar. 2026 was €92.1 Mil. Getty Realty's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €929.0 Mil. Therefore, Getty Realty's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.92%.
The historical rank and industry rank for Getty Realty's Return-on-Tangible-Equity or its related term are showing as below:
FRA:GRL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.33 Med: 8.73 Max: 12.59
Current: 8.89
During the past 13 years, Getty Realty's highest Return-on-Tangible-Equity was 12.59%. The lowest was 7.33%. And the median was 8.73%.
FRA:GRL's Return-on-Tangible-Equity is ranked better than 67.77% of 934
companies
in the REITs industry
Industry Median: 6.225
vs FRA:GRL: 8.89
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Getty Realty Return-on-Tangible-Equity Related Terms
Getty Realty Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Getty Realty's Return-on-Tangible-Equity 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.
FRA:GRL vs NTST, CBL, ALX: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, Getty Realty's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Getty Realty's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Getty Realty's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.92% mean?
Getty Realty (FRA:GRL) has a Return-on-Tangible-Equity of 9.92% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Getty Realty and its competitors. This is 14% above median its historical median of 8.73. Over the past decade, Getty Realty's Return-on-Tangible-Equity has ranged from 7.33 to 12.59. According to the industry distribution chart, Getty Realty ranks #301 out of 934 companies in the REITs industry, placing it in the top 32.2%.
Is Getty Realty's Return-on-Tangible-Equity too high?
Getty Realty's current Return-on-Tangible-Equity of 9.92% is 14% above median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 7.33 to a high of 12.59. The REITs industry median Return-on-Tangible-Equity is 6.23. Getty Realty's value of 9.92% is 59.4% above this industry median. Based on the distribution chart, Getty Realty ranks #301 out of 934 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 Return-on-Tangible-Equity compare to NTST and CBL?
According to the REITs industry distribution chart, Getty Realty ranks #301 out of 934 companies for Return-on-Tangible-Equity. This puts Getty Realty in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.23. Getty Realty's value of 9.92% is 59.4% above this benchmark. Historically, Getty Realty's own Return-on-Tangible-Equity has ranged from 7.33 to 12.59 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 6.23, 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 Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Getty Realty's current Return-on-Tangible-Equity of 9.92% is 59.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Getty Realty and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Getty Realty's current Return-on-Tangible-Equity is 9.92%, which is 14% above median its own 10-year median of 8.73. 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 Return-on-Tangible-Equity is 9.92%, which is 14% above median its 10-year median of 8.73 and 59.4% above the REITs industry median of 6.23. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Getty Realty (FRA:GRL), the current Return-on-Tangible-Equity is 9.92% 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:
Return-on-Tangible-Equity: 9.92% (14% above median its 10-year median of 8.73)
GF Value™: €26.75 vs. price of €28.94 (8.2% above fair value)
Industry Position: 59.4% above the REITs median (#301 of 934)
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 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
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:GRL has been successfully added to your 
