Four Corners Property Trust Inc ( (FCPT) ) has released its Q3 earnings. Here is a breakdown of the information Four Corners Property Trust Inc presented to its investors.
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Four Corners Property Trust Inc. (FCPT) is a real estate investment trust focused on the ownership, acquisition, and leasing of restaurant and retail properties across the United States. The company primarily operates in the retail real estate sector, providing long-term net leases to nationally recognized brands.
In its third-quarter earnings report for 2025, FCPT announced a significant increase in rental revenue and net income, demonstrating robust portfolio growth. The company acquired $82 million worth of properties during the quarter, further diversifying its holdings across core retail sectors.
Key financial highlights include a 12.2% increase in rental revenue to $66.5 million and a rise in net income attributable to common shareholders to $28.8 million. The company also reported an increase in Adjusted Funds from Operations (AFFO) per diluted share to $0.45, reflecting a $0.02 increase from the same quarter in 2024. FCPT maintained a high rent collection rate of 99.9% and declared a dividend of $0.3550 per common share.
FCPT’s real estate portfolio now consists of 1,273 properties across 48 states, with a high occupancy rate of 99.5%. The company continues to maintain a low leverage profile and significant liquidity, with $490 million available, including cash and credit facilities.
Looking ahead, FCPT remains focused on disciplined acquisitions and maintaining its strong financial position. The company aims to leverage its liquidity and low leverage profile to fund further growth and continue delivering consistent results as it celebrates its 10-year anniversary as a public company.