---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-061126"
form_type: "8-K"
ticker: "FCPT"
cik: "0001650132"
company_name: "Four Corners Property Trust, Inc."
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:24:17.525677+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FCPT Q1 rental revenue up 8.4% to $63.5M; acquires $56.5M in properties

## Summary
- Net income attributable to common shareholders $26.2M ($0.26 diluted EPS), vs $24.0M ($0.26) prior year.
- NAREIT FFO per diluted share flat at $0.41; AFFO per share $0.44, up $0.01 from Q1 2024.
- Acquired 23 properties for $56.5M at 6.7% initial cash yield; portfolio 99.4% occupied, 1,221 properties.
- Raised $149M via ATM at $28.30 avg price; net debt/EBITDA leverage 5.6x (4.4x including forward equity).

## SEC filing metadata
- accession: 0000950170-25-061126
- form_type: 8-K
- ticker: FCPT
- cik: 0001650132
- company_name: Four Corners Property Trust, Inc.
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650132/000095017025061126/0000950170-25-061126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650132/000095017025061126/fcpt-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-061126
- JSON: https://secwatch.observer/filing/0000950170-25-061126.json
- Plain text: https://secwatch.observer/filing/0000950170-25-061126.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.