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GTY (Getty Realty) ROE % : 6.41% (As of Sep. 2024)


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What is Getty Realty ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Getty Realty's annualized net income for the quarter that ended in Sep. 2024 was $61.3 Mil. Getty Realty's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $957.2 Mil. Therefore, Getty Realty's annualized ROE % for the quarter that ended in Sep. 2024 was 6.41%.

The historical rank and industry rank for Getty Realty's ROE % or its related term are showing as below:

GTY' s ROE % Range Over the Past 10 Years
Min: 5.7   Med: 9.06   Max: 11.97
Current: 6.88

During the past 13 years, Getty Realty's highest ROE % was 11.97%. The lowest was 5.70%. And the median was 9.06%.

GTY's ROE % is ranked better than
62.76% of 913 companies
in the REITs industry
Industry Median: 5.13 vs GTY: 6.88

Getty Realty ROE % Historical Data

The historical data trend for Getty Realty's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Getty Realty ROE % Chart

Getty Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.50 11.11 8.95 11.97 7.01

Getty Realty Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.18 7.02 7.02 7.03 6.41

Competitive Comparison of Getty Realty's ROE %

For the REIT - Retail subindustry, Getty Realty's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Getty Realty's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Getty Realty's ROE % distribution charts can be found below:

* The bar in red indicates where Getty Realty's ROE % falls into.



Getty Realty ROE % Calculation

Getty Realty's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=60.151/( (759.85+955.552)/ 2 )
=60.151/857.701
=7.01 %

Getty Realty's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=61.34/( (951.034+963.391)/ 2 )
=61.34/957.2125
=6.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Getty Realty  (NYSE:GTY) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=61.34/957.2125
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(61.34 / 205.868)*(205.868 / 1896.8695)*(1896.8695 / 957.2125)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.8 %*0.1085*1.9817
=ROA %*Equity Multiplier
=3.23 %*1.9817
=6.41 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=61.34/957.2125
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (61.34 / 61.34) * (61.34 / 109.308) * (109.308 / 205.868) * (205.868 / 1896.8695) * (1896.8695 / 957.2125)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.5612 * 53.1 % * 0.1085 * 1.9817
=6.41 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Getty Realty ROE % Related Terms

Thank you for viewing the detailed overview of Getty Realty's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Getty Realty Business Description

Traded in Other Exchanges
Address
292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.
Executives
Evelyn Leon Infurna director 292 MADISON AVE., 9TH FLOOR, NEW YORK NY 10017-6318
Brian Robert Dickman officer: EVP, CFO and Treasurer 411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009
Leo Liebowitz director, 10 percent owner, officer: Pres. & CEO 2 JERICHO PLAZA, JERICHO NY 11753
Coviello Philip E Jr director GETTY REALTY CORP, 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mary Louise Malanoski director 44 BARROW STREET, NEW YORK NY 10014
Richard E Montag director C/O GETTY REALTY CORP., 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mark James Olear officer: Exec VP & Chief Operating Ofc C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Danion Fielding officer: VP, CFO & Treasurer TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Eugene Shnayderman officer: See Remarks TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Christopher J Constant director, officer: President & CEO 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Joshua Dicker officer: Ex VP, Gen Counsel & Secretary C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Milton Cooper director C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100, HYDE PARK NY 11042
James Russell Craig officer: Vice President 125 JERICHO TPKE, SUITE 103, JERICHO NY 11753
David B Driscoll director C/O MORGAN JOSEPH & CO., INC., 600 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10020-2302
Warren Wintrub director