Getty Realty Corp. /MD/ (GTY) intrinsic value & 10-year financials

Getty Realty Corp. /MD/ (GTY) has a Graham intrinsic value of $14.79 per share. At $28.38 on Oct 17, 2026, the stock trades 92% above that value. Over the last 10 fiscal years revenue grew 7.5% a year to $221.7M, with an average return on invested capital of 5.1%.

Graham intrinsic value
$14.79
Share price (Oct 17, 2026)
$28.38
Price vs Graham value
92% above
Market cap
$1.6B
Revenue (FY2025)
$221.7M
Revenue growth (10-yr CAGR)
7.5%
ROIC (10-yr avg)
5.1%
Free cash flow (FY2025)
—

GTY 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $221.7M $79.2M $1.35 — 57.2% 4.0%
FY2024 $203.4M $71.1M $1.25 — 54.0% 4.0%
FY2023 $185.8M $60.2M $1.15 — 49.0% 3.8%
FY2022 $165.6M $90.0M $1.88 — 70.8% 6.6%
FY2021 $155.4M $62.9M $1.37 — 55.6% 5.1%
FY2020 $147.3M $69.4M $1.62 — 51.3% 6.3%
FY2019 $140.7M $49.7M $1.19 — 47.5% 4.9%
FY2018 $136.1M $47.7M $1.17 — 50.0% 5.1%
FY2017 $120.2M $47.2M $1.26 — 44.3% 5.8%
FY2016 $115.3M $38.4M $1.12 — 43.6% 5.4%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

GETTY REALTY CORP /MD/ has demonstrated mature, steady growth, with revenue compounding at 7.5% annually over the past decade.

GETTY REALTY CORP /MD/ has historically struggled to out-earn its cost of capital, averaging just 5.1% ROIC.

Over the decade, GETTY REALTY CORP /MD/ shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, GETTY REALTY CORP /MD/ is modeled at 2.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $14.79 per share.

GTY stock: frequently asked questions

What is the intrinsic value of Getty Realty Corp. /MD/ (GTY) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 2.1% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, GTY's intrinsic value is about $14.79 per share.

Is GTY stock undervalued?

At $28.38 (close on Oct 17, 2026), GTY trades 92% above its Graham value of $14.79. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Getty Realty Corp. /MD/ grown?

Revenue went from $115.3M in fiscal 2016 to $221.7M in fiscal 2025, a compound annual growth rate of 7.5%. Net income was $79.2M in fiscal 2025.

What is GTY's return on invested capital?

Average ROIC over the last 10 fiscal years was 5.1%, and average return on equity was 9.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this GTY data come from?

From Getty Realty Corp. /MD/'s annual 10-K filings on SEC EDGAR, most recently filed Jul 23, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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