Four Corners Property Trust, Inc. (FCPT) Bundle
An Overview of Four Corners Property Trust, Inc. (FCPT)
General Summary of Four Corners Property Trust, Inc. (FCPT)
Four Corners Property Trust, Inc. (FCPT) is a real estate investment trust (REIT) specializing in restaurant and commercial properties. Founded in 2014, the company focuses on net lease properties across the United States.
| Company Metric | 2024 Data |
|---|---|
| Total Properties | 574 |
| Total Leasable Square Feet | 6.3 million |
| Geographic Presence | 46 states |
Financial Performance
FCPT's latest financial reporting period demonstrates robust financial metrics:
| Financial Metric | 2024 Value |
|---|---|
| Total Revenue | $232.4 million |
| Net Income | $103.7 million |
| Funds from Operations (FFO) | $175.6 million |
Industry Leadership
FCPT maintains a strong market position with key characteristics:
- 99.1% portfolio occupancy rate
- Weighted average lease term of 13.4 years
- Diversified tenant base across multiple restaurant brands
| Top Tenant Categories | Percentage of Portfolio |
|---|---|
| Darden Restaurants | 14.2% |
| Yum! Brands | 11.8% |
| Other Restaurant Chains | 74% |
Mission Statement of Four Corners Property Trust, Inc. (FCPT)
Mission Statement Overview
Four Corners Property Trust, Inc. (FCPT) operates with a focused mission centered on net lease real estate investments in restaurant and retail properties.
Core Mission Components
Investment Strategy
FCPT's mission encompasses strategic real estate investments with the following key metrics:
| Portfolio Metric | 2024 Value |
|---|---|
| Total Properties | 573 properties |
| Geographical Presence | 44 states |
| Total Gross Leasable Area | 6.1 million square feet |
Financial Performance Alignment
- Market Capitalization: $2.1 billion
- Dividend Yield: 4.85%
- Occupancy Rate: 99.5%
Property Portfolio Composition
| Property Type | Percentage |
|---|---|
| Restaurant Properties | 67% |
| Retail Properties | 33% |
Strategic Objectives
Key focus areas include:
- Long-term net lease investments
- High-quality tenant relationships
- Disciplined capital allocation
Vision Statement of Four Corners Property Trust, Inc. (FCPT)
Vision Statement Components of Four Corners Property Trust, Inc. (FCPT) in 2024
Strategic Real Estate Investment FocusFour Corners Property Trust, Inc. operates with a targeted strategy in net lease real estate, specifically concentrating on restaurant properties. As of Q4 2023, the company's portfolio comprised 540 properties across 43 states.
| Portfolio Metric | 2024 Data |
|---|---|
| Total Properties | 540 |
| Geographic Spread | 43 States |
| Total Leasable Square Footage | 5.4 million sq. ft. |
FCPT's portfolio primarily consists of restaurant properties with specific tenant characteristics:
- Yum! Brands properties: 52% of portfolio
- Darden Restaurants properties: 23% of portfolio
- Other restaurant tenants: 25% of portfolio
| Financial Indicator | 2024 Value |
|---|---|
| Market Capitalization | $2.1 billion |
| Dividend Yield | 5.6% |
| Funds from Operations (FFO) | $142.3 million |
FCPT maintains long-term net lease agreements with robust tenant profiles:
- Average lease term: 15.2 years
- Weighted average lease expiration: 2038
- Occupancy rate: 99.7%
Core Values of Four Corners Property Trust, Inc. (FCPT)
Core Values of Four Corners Property Trust, Inc. (FCPT)
Integrity and Transparency
As of 2024, FCPT demonstrates commitment to integrity through its financial reporting and corporate governance.
| Annual Financial Disclosure Compliance | 100% |
| Shareholder Communication Frequency | Quarterly |
| Independent Board Members | 7 out of 9 |
Sustainable Property Management
FCPT focuses on environmentally responsible real estate investments.
- Total Net Lease Portfolio: 603 properties
- Green Building Certifications: 42 properties
- Energy Efficiency Investments: $3.2 million in 2024
Operational Excellence
The company maintains high standards of operational performance.
| Occupancy Rate | 99.4% |
| Average Lease Term | 10.3 years |
| Tenant Retention Rate | 88% |
Strategic Growth and Innovation
FCPT continuously expands its portfolio through strategic acquisitions.
- Total Property Acquisitions in 2024: $187.6 million
- Geographic Diversification: 46 states
- Property Type Diversification: Restaurant, Industrial, Retail
Stakeholder Value Creation
Commitment to delivering consistent returns and value.
| Dividend Yield | 4.7% |
| Total Shareholder Return | 12.3% |
| Market Capitalization | $2.1 billion |
Four Corners Property Trust, Inc. (FCPT) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.