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Getty Realty Corp 2026年季度报告

2026-04-23 美股财报 Bach🐮
报告封面

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended March 31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period fromtoCommission file number: 001-13777 GETTY REALTY CORP. (Exact Name of Registrant as Specified in Its Charter) Maryland(State or Other Jurisdiction ofIncorporation or Organization) 11-3412575(I.R.S. EmployerIdentification No.) 292 Madison Avenue, 9thFloorNew York, New York 10017-6318(Address of Principal Executive Offices) (Zip Code)(646) 349-6000(Registrant’s Telephone Number, Including Area Code)Not Applicable(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒ Accelerated filer ☐ Emerging growth company☐ Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒The registrant had outstanding 60,467,028 shares of common stock as of April 23, 2026. GETTY REALTY CORP.FORM 10-Q INDEX PART I—FINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited)1Consolidated Balance Sheets as of March 31, 2026 and December 31, 20251Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 20252Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2025 and 20253Notes to Consolidated Financial Statements4Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations25Item 3.Quantitative and Qualitative Disclosures About Market Risk39Item 4.Controls and Procedures39 PART II—OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 5.Other InformationItem 6.ExhibitsSignatures GETTY REALTY CORP.CONSOLIDATED BALANCE SHEETS(Unaudited)(in thousands, except per share amounts) GETTY REALTY CORP.CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited)(in thousands, except per share amounts) GETTY REALTY CORP.CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited)(in thousands) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) NOTE 1. — DESCRIPTION OF BUSINESS Getty Realty Corp. (“Getty Realty,” “we,” “us,” “our’ and the “Company”), a Maryland corporation, is a publicly traded, netlease real estate investment trust (“REIT”) specializing in the acquisition, financing and development of convenience, automotiveand other single tenant retail real estate. Our predecessor was founded in 1955 and our common stock was listed on the New YorkStock Exchange (“NYSE”) in 1997. Unless otherwise expressly stated or the context otherwise requires, the “Company,” “we,”“us,” and “our” as used herein refer to Getty Realty and its owned and controlled subsidiaries. Our portfolio includes convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil andmaintenance, tire and battery, and collision), drive-thru quick service restaurants, and certain other freestanding retail properties.Our 1,191 properties as of March 31, 2026 are located in 45 states and Washington, D.C., and our tenants operate under a variety ofnational and regional retail brands. We are internally managed by our management team, which has extensive experience acquiring,financing, developing and managing convenience, automotive and other single tenant retail real estate. Our Company isheadquartered in New York, New York. NOTE 2. — ACCOUNTING POLICIES Basis of Presentation The consolidated financial statements include the accounts of Getty Realty and its wholly owned subsidiaries. Theaccompanying consolidated financial statements have been prepared in conformity