Short answer
GETTY REALTY CORP /MD/ (GTY) filed its fiscal 2025 10-K annual report with the SEC on Feb 12, 2026. It reported revenue of $222M (+9.0% year over year) and net income of $79M.
- Top risk flagged: Environmental litigation risk from MTBE cases in Pennsylvania and Maryland with $5.6M accrued as of Dec 31, 2025
FY2025 key financial metrics · XBRL
- Revenue
- $222M
- +9.0% YoY
- Net income
- $79M
- +11.4% YoY
- Operating margin
- 57.2%
- +3.2 pp YoY
- EPS (diluted)
- $1.35
- +8.0% YoY
- ROE
- 7.4%
- −0.0 pp YoY
- Operating cash flow
- $127M
- −2.3% YoY
Source: XBRL data from the GETTY REALTY CORP /MD/ (GTY) FY2025 10-K on SEC EDGAR. USD.
GETTY REALTY CORP /MD/ FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Net lease REIT specializing in convenience, automotive, and single tenant retail real estate
- New emphasis on drive-thru quick service restaurants with acquisition of 28 such properties in 2025
- Strategic capital deployment via equity under forward sales, ATM program, and senior unsecured notes issuance
- $273.0 million invested in acquisitions and developments, adding 13 new tenants and expanding in Houston, Memphis, Dallas, and other metros
- Completed two redevelopment projects including first-time quick service oil change center in portfolio
Management Discussion & Analysis
- Portfolio 1,174 properties as of Dec 31, 2025, including 1,145 owned and 29 leased
- Weighted average lease term 9.9 years with triple-net leases on 1,169 properties
- Properties leased mainly to automotive, convenience store, and quick-service restaurant tenants
Risk Factors
- Environmental litigation risk from MTBE cases in Pennsylvania and Maryland with $5.6M accrued as of Dec 31, 2025
- Pollution legal liability insurance policy with $25M aggregate limit covering high-risk properties through 2027
- Potential environmental remediation liabilities possibly exceeding current accruals, impacting future financial statements
- Operations exposed to environmental cleanup costs linked to former Newark Terminal and Lower Passaic River sites
- Legal and regulatory risks could affect dividends, liquidity, and stock price due to ongoing environmental claims
Generated from the filing text; verify against the original. How to read a 10-K
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