Four Corners Property Trust reported a strong second quarter in 2025, with rental revenue increasing by 10.7% year-over-year to $64.8 million and net income attributable to common shareholders rising to $27.9 million. The company acquired 24 properties for $84.4 million, maintaining a high occupancy rate of 99.4% and a rent collection rate of 99.8%.
Rental revenue increased by 10.7% year-over-year to $64.8 million in Q2 2025.
Net income attributable to common shareholders rose to $27.9 million, or $0.28 per diluted share.
The company acquired 24 properties for $84.4 million, expanding its portfolio to 1,245 properties across 48 states.
FCPT maintained strong operational metrics with a 99.4% occupancy rate and a 99.8% rent collection rate.
FCPT is well-positioned for future growth in the second half of the year, leveraging significant liquidity and a low leverage profile to pursue further acquisition opportunities.