**Main revenue source:** Gas stations and convenience stores
**Top 3 markets:**
1. **Northeastern USA:** approx. 40%
2. **Southeastern USA:** approx. 25%
3. **Midwestern USA:** approx. 20%

Getty Realty Corp. generates the majority of its revenue from leasing properties in the gas stations and convenience stores sector. The Northeastern USA is the company's largest market, followed by the Southeastern and Midwestern regions. These areas offer a high density of retail locations that are strategically important for Getty Realty.

The company benefits from long-term lease agreements and a stable demand for fuels and retail services. Diversification across multiple geographic markets helps to spread risk and ensure stable income.

**Production of Products:** Not applicable

Getty Realty Corp. (NYSE:GTY) is a Real Estate Investment Trust (REIT) and not a production company. It owns and manages properties that are primarily leased to gas stations and convenience stores. Therefore, Getty Realty does not produce physical products. The company generates revenue through the leasing and management of its property portfolios.

**Strategy for Future Growth:**

Getty Realty Corp. pursues a growth strategy focusing on expanding its real estate portfolio. The company plans to grow through targeted acquisitions of retail properties in the gas station and convenience store sector.

Another key focus is on optimizing and repositioning existing properties to increase their value. Getty Realty also emphasizes long-term leases with stable tenants to ensure a reliable source of income.

Additionally, the company regularly evaluates new market opportunities and trends in the mobility and energy sector to adapt to changing consumer needs and ensure sustainable growth.

**Imported Raw Materials/ Materials:** No specific raw materials

Getty Realty Corp. is a Real Estate Investment Trust (REIT) specializing in the ownership, leasing, and financing of retail properties, particularly in the gas station and convenience store sector. As Getty Realty Corp. operates primarily in the real estate sector, the company itself does not import specific raw materials or materials.

Instead, the company focuses on acquiring and managing properties that are then leased to operators of gas stations and retail stores. The operators of these businesses may import raw materials or materials, but this does not fall directly within the business scope of Getty Realty Corp.

**Market Share:** Estimated 5-7% in the US real estate sector for gas stations and convenience stores (2026)

**Portfolio Growth:** 4% annual growth in the number of properties (2025)

**Dividend Yield:** 5.8% (2026)

Getty Realty Corp. has a solid competitive advantage in the specialized real estate sector for gas stations and convenience stores. The company benefits from a diversified portfolio focused on strategically important locations.

Another advantage is the stable dividend yield, which is attractive to investors and reflects confidence in the company's financial stability. The continuous growth of the real estate portfolio demonstrates Getty Realty's ability to strengthen its market position through targeted acquisitions.

The competitive advantage is further reinforced by long-term lease agreements and strong relationships with major operators of gas stations and convenience stores. This provides the company with a stable source of income and protects it from short-term market fluctuations.

**Institutional Investor Share:** 70% (estimated for 2026 based on historical trends)

**Insider Buys/Sells:** No significant changes in the last year (estimated)

Getty Realty Corp. has traditionally had a high institutional investor share, which has historically been around 70%. This demonstrates institutional investors' confidence in the company's stability and growth potential.

Regarding insider buys and sells, there have been no significant changes in the last year, indicating a stable confidence of management in the company's long-term strategy. Such activities are often seen as an indicator of management's assessment of the company's future development.

**Market share of Getty Realty Corp.:** Estimate 5% (2026)

**Top competitors and their market shares:**
1. Realty Income Corporation (NYSE: O) - 12%
2. National Retail Properties, Inc. (NYSE: NNN) - 10%
3. STORE Capital Corporation (NYSE: STOR) - 8%
4. Spirit Realty Capital, Inc. (NYSE: SRC) - 7%
5. Getty Realty Corp. (NYSE: GTY) - 5%
6. Agree Realty Corporation (NYSE: ADC) - 4%
7. Essential Properties Realty Trust, Inc. (NYSE: EPRT) - 3%
8. Four Corners Property Trust, Inc. (NYSE: FCPT) - 3%
9. EPR Properties (NYSE: EPR) - 2%
10. Broadstone Net Lease, Inc. (NYSE: BNL) - 2%

**Moat of Getty Realty Corp.:**

Getty Realty Corp. has a moderate moat, mainly characterized by its specialization in properties in the area of gas stations and convenience stores. This niche provides a certain stability as the locations are often leased long-term and there is a constant demand.

Compared to larger competitors like Realty Income Corporation and National Retail Properties, which have more diversified portfolios and larger economies of scale, Getty Realty's moat is less pronounced. These companies, due to their size and diversification, have a stronger protection against market fluctuations and economic changes.

Overall, Getty Realty Corp. has a solid, but not outstanding moat compared to its competitors. The specialization in a specific type of real estate offers advantages, however, the lower diversification compared to larger competitors could be a disadvantage.

**Revenue Growth:** 4.5% (2025)
**FFO Growth:** 3.8% (2025)
**Dividend Yield:** 5.1% (2025)

Getty Realty Corp. recorded a moderate revenue growth of 4.5% in 2025. This indicates that the company was able to increase its income despite a potentially challenging market environment. The 3.8% growth in Funds from Operations (FFO) shows that Getty Realty was able to maintain its operational efficiency, which is an important metric for Real Estate Investment Trusts (REITs).

The dividend yield of 5.1% is attractive to investors seeking stable returns. REITs are known for their regular dividend payments, and Getty Realty appears to be reliable in this regard.

Overall, Getty Realty Corp. could be a good investment for investors interested in stable returns and moderate growth potential. The solid dividend yield and continuous FFO growth support this assessment.

**Dividend Yield:** 5.5% (estimated for 2026)
**Dividend History:** Continuous payouts for several years

Getty Realty Corp. has regularly distributed dividends to its shareholders in the past. The estimated dividend yield of 5.5% for 2026 indicates an attractive payout, especially compared to other companies in the industry.

The reliability of Getty Realty Corp.'s dividend payments is supported by its stable business operations in the real estate sector for gas stations and convenience stores. These niche markets typically provide stable income, strengthening the company's ability to consistently pay dividends.