secwatch.observer — SEC 8-K summary
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Issuer:     Four Corners Property Trust, Inc. (FCPT)
CIK:        0001650132
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001193125-26-046680
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FCPT Q4 rental revenue up 11.6% to $67.8M; AFFO per share $0.45, up $0.01 YoY
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- Net income Q4 $29.4M ($0.28/diluted share) vs $26.2M ($0.27) YoY; full-year $112.4M ($1.09).
- Full-year AFFO per diluted share $1.78, up $0.05 YoY; FFO per share $1.68, up $0.03.
- Acquired 105 properties in 2025 for $317.9M at 6.8% cash yield; Q4 added 30 properties for $95M at 7.0% yield.
- Dividend raised 3.2% from prior quarter to $0.3665 per share; portfolio 99.6% occupied with 6.9-year WALT.
- Net debt/EBITDAre at 5.1x; available liquidity of $402M at year-end; issued 6.1M shares via ATM at avg $28.27.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650132/000119312526046680/0001193125-26-046680-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650132/000119312526046680/fcpt-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-046680

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