FCPT Q1 net income $26.2 million, AFFO per share up $0.01 to $0.44
Four Corners Property Trust reported first-quarter 2025 results on April 30, 2025, with rental revenue up 8.4% to $63.5 million and net income attributable to common shareholders of $26.2 million, up from $24.0 million a year earlier. Net income and FFO per diluted share were flat year over year at $0.26 and $0.41, while AFFO per diluted share rose $0.01 to $0.44. The company also acquired 23 properties for $56.5 million during the quarter.
Key points
- Total revenues were $71.5 million, up from $66.5 million in the first quarter of 2024.
- Net income attributable to common shareholders was $26.2 million, or $0.26 per diluted share, compared with $24.0 million, or $0.26 per diluted share, a year earlier.
- AFFO per diluted share was $0.44, up from $0.43; FFO per diluted share was flat at $0.41.
- The company declared a dividend of $0.3550 per common share for the first quarter of 2025, up from $0.3450 a year earlier.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits 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 April 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.