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Side-by-side financial comparison of GETTY REALTY CORP (GTY) and Industrial Logistics Properties Trust (ILPT). Click either name above to swap in a different company.

Industrial Logistics Properties Trust is the larger business by last-quarter revenue ($113.9M vs $57.8M, roughly 2.0× GETTY REALTY CORP). GETTY REALTY CORP runs the higher net margin — 46.0% vs -1.6%, a 47.6% gap on every dollar of revenue. On growth, GETTY REALTY CORP posted the faster year-over-year revenue change (10.5% vs 3.1%). Over the past eight quarters, GETTY REALTY CORP's revenue compounded faster (7.6% CAGR vs 0.7%).

Getty Realty Corp is a publicly traded real estate investment trust (REIT) headquartered in the United States. It owns, leases, and manages a diversified portfolio of commercial real estate assets, primarily consisting of convenience stores, fuel stations, and adjacent retail locations across U.S. states, serving tenants across retail and energy sectors.

Industrial Logistics Properties Trust is a real estate investment trust that owns and operates a portfolio of industrial and logistics real estate assets primarily across the United States. Its holdings include distribution centers, warehouses, and last-mile delivery properties, serving e-commerce, retail, manufacturing and supply chain operators to meet their storage and logistics operation needs.

GTY vs ILPT — Head-to-Head

Bigger by revenue
ILPT
ILPT
2.0× larger
ILPT
$113.9M
$57.8M
GTY
Growing faster (revenue YoY)
GTY
GTY
+7.5% gap
GTY
10.5%
3.1%
ILPT
Higher net margin
GTY
GTY
47.6% more per $
GTY
46.0%
-1.6%
ILPT
Faster 2-yr revenue CAGR
GTY
GTY
Annualised
GTY
7.6%
0.7%
ILPT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GTY
GTY
ILPT
ILPT
Revenue
$57.8M
$113.9M
Net Profit
$26.6M
$-1.8M
Gross Margin
Operating Margin
66.1%
-22.1%
Net Margin
46.0%
-1.6%
Revenue YoY
10.5%
3.1%
Net Profit YoY
80.1%
92.6%
EPS (diluted)
$0.43
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GTY
GTY
ILPT
ILPT
Q1 26
$57.8M
Q4 25
$60.5M
$113.9M
Q3 25
$55.6M
$110.9M
Q2 25
$53.3M
$112.1M
Q1 25
$52.3M
$111.9M
Q4 24
$53.0M
$110.5M
Q3 24
$51.5M
$108.9M
Q2 24
$49.9M
$110.6M
Net Profit
GTY
GTY
ILPT
ILPT
Q1 26
$26.6M
Q4 25
$27.0M
$-1.8M
Q3 25
$23.3M
$-21.6M
Q2 25
$14.0M
$-21.3M
Q1 25
$14.8M
$-21.5M
Q4 24
$22.3M
$-24.1M
Q3 24
$15.3M
$-25.0M
Q2 24
$16.7M
$-23.2M
Operating Margin
GTY
GTY
ILPT
ILPT
Q1 26
66.1%
Q4 25
67.3%
-22.1%
Q3 25
62.5%
-29.4%
Q2 25
46.7%
-30.8%
Q1 25
50.5%
-26.9%
Q4 24
61.6%
-31.1%
Q3 24
48.9%
-33.5%
Q2 24
52.5%
-32.4%
Net Margin
GTY
GTY
ILPT
ILPT
Q1 26
46.0%
Q4 25
44.7%
-1.6%
Q3 25
42.0%
-19.4%
Q2 25
26.3%
-19.0%
Q1 25
28.3%
-19.2%
Q4 24
42.1%
-21.8%
Q3 24
29.8%
-22.9%
Q2 24
33.5%
-20.9%
EPS (diluted)
GTY
GTY
ILPT
ILPT
Q1 26
$0.43
Q4 25
$0.46
$-0.02
Q3 25
$0.40
$-0.33
Q2 25
$0.24
$-0.32
Q1 25
$0.25
$-0.33
Q4 24
$0.38
$-0.37
Q3 24
$0.27
$-0.38
Q2 24
$0.30
$-0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GTY
GTY
ILPT
ILPT
Cash + ST InvestmentsLiquidity on hand
$3.7M
$94.8M
Total DebtLower is stronger
$4.2B
Stockholders' EquityBook value
$489.7M
Total Assets
$2.2B
$5.2B
Debt / EquityLower = less leverage
8.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTY
GTY
ILPT
ILPT
Q1 26
$3.7M
Q4 25
$8.4M
$94.8M
Q3 25
$5.2M
$83.2M
Q2 25
$7.5M
$58.6M
Q1 25
$6.3M
$108.0M
Q4 24
$9.5M
$131.7M
Q3 24
$4.0M
$153.9M
Q2 24
$4.7M
$146.2M
Total Debt
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
$995.0M
$4.2B
Q3 25
$934.6M
$4.2B
Q2 25
$919.2M
$4.2B
Q1 25
$901.4M
$4.3B
Q4 24
$904.3M
$4.3B
Q3 24
$833.9M
$4.3B
Q2 24
$838.4M
$4.3B
Stockholders' Equity
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
$1.1B
$489.7M
Q3 25
$1.0B
$494.1M
Q2 25
$982.4M
$519.1M
Q1 25
$961.1M
$539.5M
Q4 24
$962.1M
$562.0M
Q3 24
$963.4M
$585.9M
Q2 24
$951.0M
$618.3M
Total Assets
GTY
GTY
ILPT
ILPT
Q1 26
$2.2B
Q4 25
$2.2B
$5.2B
Q3 25
$2.1B
$5.2B
Q2 25
$2.0B
$5.2B
Q1 25
$2.0B
$5.4B
Q4 24
$2.0B
$5.4B
Q3 24
$1.9B
$5.5B
Q2 24
$1.9B
$5.5B
Debt / Equity
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
0.93×
8.56×
Q3 25
0.92×
8.49×
Q2 25
0.94×
8.09×
Q1 25
0.94×
7.96×
Q4 24
0.94×
7.65×
Q3 24
0.87×
7.35×
Q2 24
0.88×
6.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GTY
GTY
ILPT
ILPT
Operating Cash FlowLast quarter
$60.7M
Free Cash FlowOCF − Capex
$42.0M
FCF MarginFCF / Revenue
36.9%
Capex IntensityCapex / Revenue
16.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$79.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
$127.4M
$60.7M
Q3 25
$30.5M
$22.7M
Q2 25
$34.7M
$18.4M
Q1 25
$28.7M
$11.4M
Q4 24
$130.5M
$2.0M
Q3 24
$34.6M
$-3.4M
Q2 24
$29.7M
$10.8M
Free Cash Flow
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
$127.0M
$42.0M
Q3 25
$30.4M
$17.6M
Q2 25
$34.6M
$15.2M
Q1 25
$28.6M
$5.0M
Q4 24
$129.6M
$-3.7M
Q3 24
$34.4M
$-5.9M
Q2 24
$29.6M
$9.4M
FCF Margin
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
209.8%
36.9%
Q3 25
54.7%
15.9%
Q2 25
64.9%
13.5%
Q1 25
54.7%
4.5%
Q4 24
244.5%
-3.4%
Q3 24
66.9%
-5.5%
Q2 24
59.2%
8.5%
Capex Intensity
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
0.7%
16.4%
Q3 25
0.2%
4.6%
Q2 25
0.3%
2.9%
Q1 25
0.1%
5.7%
Q4 24
1.7%
5.2%
Q3 24
0.4%
2.3%
Q2 24
0.3%
1.3%
Cash Conversion
GTY
GTY
ILPT
ILPT
Q1 26
Q4 25
4.71×
Q3 25
1.31×
Q2 25
2.48×
Q1 25
1.94×
Q4 24
5.85×
Q3 24
2.26×
Q2 24
1.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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