Four Corners Property Trust Q4 rental revenue rises 5.3% to $60.7 million
Four Corners Property Trust reported fourth-quarter and full-year 2024 results, with rental revenue up 5.3% year over year to $60.7 million and full-year AFFO per diluted share up $0.06 to $1.73. Per-share net income was flat for both periods, while FFO per diluted share was flat for the quarter and up $0.03 for the year. The company also announced a larger credit facility and a $0.3550 quarterly dividend.
Key points
- Q4 2024 rental revenue was $60.7 million, up 5.3%; Q4 net income attributable to common shareholders was $26.2 million, or $0.27 per diluted share, versus $0.27 a year earlier.
- Full-year 2024 FFO per diluted share was $1.65, up $0.03; AFFO per diluted share was $1.73, up $0.06.
- The company acquired 45 properties for $132.5 million in Q4 2024 and 87 properties for $264.6 million in 2024, with no dispositions.
- The credit facility increased from $765 million to $940 million; the company declared a Q4 2024 dividend of $0.3550 per common share.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.