Getty Realty

GTY Q2 2025 Earnings

Reported Jul 23, 2025 at 4:30 PM ET · SEC Source

Q2 25 EPS

$0.24

MISS 27.34%

Est. $0.33

Q2 25 Revenue

$53.3M

BEAT +3.24%

Est. $51.6M

vs S&P Since Q2 25

+14.5%

BEATING MARKET

GTY +30.2% vs S&P +15.6%

Market Reaction

Did GTY Beat Earnings? Q2 2025 Results

Getty Realty delivered a mixed second quarter for 2025, posting revenue that cleared expectations while GAAP earnings fell well short of Wall Street's target. The convenience and automotive retail REIT generated $53.26 million in revenue, up 6.7% yea… Read more Getty Realty delivered a mixed second quarter for 2025, posting revenue that cleared expectations while GAAP earnings fell well short of Wall Street's target. The convenience and automotive retail REIT generated $53.26 million in revenue, up 6.7% year-over-year and ahead of the $51.59 million consensus by 3.24%, but diluted EPS of $0.24 missed the $0.33 estimate by 27.34%, weighed down by a sharp swing in environmental expenses that climbed to $5.34 million from a credit of $150,000 a year ago, largely reflecting increased litigation accruals. Net earnings fell to $14.01 million from $16.71 million in the prior-year period. Beneath the GAAP headline, adjusted funds from operations grew to $0.59 per diluted share from $0.58, underscoring the portfolio's cash-generating momentum as base rental income rose 9.9% to $50.00 million. The company deployed $66.10 million across 28 properties during the quarter and raised its full-year 2025 AFFO guidance to $2.40 to $2.41 per share, with a committed pipeline exceeding $90.00 million supporting continued growth.

Key Takeaways

  • Base rental income grew 9.9% to $50.0 million driven by incremental revenue from recently acquired properties and contractual rent increases
  • AFFO per share increased to $0.59 from $0.58 year-over-year
  • Property operating expenses declined due to reductions in reimbursable real estate taxes and rent expense
  • Increased tenant rent coverage reported
24/7 Wall St

GTY YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

GTY Revenue by Segment

Business unit performance breakdown

“Getty delivered another quarter of consistent results, highlighted by accelerating investment activity, continued earnings growth, and stable portfolio performance.”

— Christopher J. Constant, Q2 2025 Earnings Press Release