| Market Capitalization (Millions $) |
1,983 |
| Shares
Outstanding (Millions) |
61 |
| Employees |
31 |
| Revenues (TTM) (Millions $) |
233 |
| Net Income (TTM) (Millions $) |
99 |
| Cash Flow (TTM) (Millions $) |
-3 |
| Capital Exp. (TTM) (Millions $) |
342 |
Business Description
Getty Realty Corp is a publicly-traded real estate investment trust (REIT) that primarily owns and manages gas stations and convenience stores across the United States. The company was founded in 1955 and is headquartered in Jericho, New York.
Getty Realty Corp currently owns approximately 870 properties located in 31 states and Washington DC, with a focus on densely populated urban and suburban markets. The properties are leased to various tenants, primarily major oil companies such as Chevron, ExxonMobil, and BP, as well as independent operators and franchisees.
In addition to gas stations and convenience stores, Getty Realty Corp also owns and manages other retail and commercial properties, including car washes, automotive service centers, and other retail properties. The company's portfolio generates consistent cash flows through long-term, triple-net leases that transfer the responsibility for property taxes, insurance, and maintenance to the tenants.
Getty Realty Corp has a well-established reputation for providing high-quality property management services and tenant relationships, ensuring the satisfaction of its tenants while also increasing long-term value for its shareholders. The company's management team has significant experience in the real estate sector, with a focus on asset acquisition, management, and disposition.
Getty Realty Corp has undergone significant growth over the years, primarily through strategic acquisitions of real estate assets. The company's financial stability is reflected in its solid balance sheet with a low debt-to-capital ratio and well-secured financing arrangements.
In summary, Getty Realty Corp is a well-established, well-managed real estate investment trust with over six decades of experience in owning and managing gas stations, convenience stores, and other retail and commercial properties across the United States. The company's focus on high-quality property management services and tenant relationships has resulted in a consistent, stable cash flow and long-term value for its shareholders.
Company Address: 292 Madison Avenue New York 10017 NY
Company Phone Number: 349-6000 Stock Exchange / Ticker: NYSE GTY
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