Getty Realty (GTY) vs Innovative Industrial Properties (IIPR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Getty Realty (GTY) has outperformed Innovative Industrial Properties (IIPR) over the past year, gaining 8.0% versus a loss of 2.9%. Over five years, GTY leads with a -12.1% price change compared with -78.3% for IIPR. Getty Realty is the larger company by market cap ($1.73 billion vs $1.43 billion), about 1.2 times the size.
On valuation, Innovative Industrial Properties trades at a lower forward P/E (11.8x vs 19.1x for Getty Realty). Innovative Industrial Properties offers the higher dividend yield (14.66% vs 6.91%). Innovative Industrial Properties converts more of its revenue into profit, with a net margin of 44.5% versus 35.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GTY | IIPR |
|---|---|---|
| Share price | $27.86 | $51.83 |
| Market cap | $1.73B | $1.43B |
| 1-day change | -0.14% | -0.17% |
| YTD return | +1.79% | +9.44% |
| 1-year return | +8.03% | -2.90% |
| 5-year return | -12.06% | -78.32% |
| P/E ratio (TTM) | 16.88 | 11.73 |
| Forward P/E | 19.10 | 11.81 |
| EPS (TTM) | $1.65 | $4.42 |
| Dividend yield | 6.91% | 14.66% |
| Annual dividend | $1.93 | $7.60 |
| Revenue (latest FY) | $221.73M | $265.95M |
| Revenue growth (YoY) | +9.02% | -13.80% |
| Net income (latest FY) | $79.19M | $118.25M |
| Operating margin | 57.18% | 46.67% |
| Net margin | 35.72% | 44.46% |
| 52-week high | $36.83 | $65.38 |
| 52-week low | $25.39 | $44.58 |
| Distance from 52-week high | -24.36% | -20.72% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +27.67% | +24.45% |
| Average volume | 590.12K | 362.54K |
| Shares outstanding | 61.93M | 27.57M |
| Employees | 31 | 24 |
| Sector | Finance | Finance |
| Industry | Real Estate | Real Estate |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- GTY has outperformed IIPR by 10.9 percentage points over the past year.
- Getty Realty trades at a higher earnings multiple (16.9x vs 11.7x trailing P/E).
- Innovative Industrial Properties offers a meaningfully higher dividend yield (14.66% vs 6.91%).
- Innovative Industrial Properties is more profitable, keeping 44.5 cents of every revenue dollar as net income versus 35.7 cents for Getty Realty.
- Getty Realty grew revenue faster in its latest fiscal year (+9.02% vs -13.80%).
About Getty Realty
GTY stock →Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single-tenant retail real estate.
Finance · Real Estate · 31 employees
About Innovative Industrial Properties
IIPR stock →Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry.
Finance · Real Estate · 24 employees
GTY vs IIPR FAQ
Which is bigger, Getty Realty or Innovative Industrial Properties?
Getty Realty (GTY) is larger, with a market capitalization of $1.73B compared with $1.43B for Innovative Industrial Properties (IIPR).
Which stock has performed better over the past year, GTY or IIPR?
GTY returned +8.03% over the past 12 months, compared with -2.90% for IIPR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GTY or IIPR?
IIPR has the lower trailing P/E at 11.7, versus 16.9 for GTY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Getty Realty or Innovative Industrial Properties?
Innovative Industrial Properties has the higher yield at 14.66%, compared with 6.91% for Getty Realty.
Are Getty Realty and Innovative Industrial Properties in the same industry?
Yes. Both are classified in the Real Estate industry within the Finance sector.