)
Edge31 Oct 2025
Rolls-Royce: Full Thrust Ahead
From century-old crafted perfection to pandemic shock and reset, Rolls-Royce's story is shaped by heritage, turbulence, and a disciplined climb back.
Four Corners Property Trust (FCPT) investor relations material
Four Corners Property Trust Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Celebrated 10-year anniversary as a public company, with portfolio growth to 1,294 leases across 170 brands and 99.5% occupancy, highlighting expansion from 418 to nearly 1,300 leases and platform maturity.
Achieved record investment volume, with $355 million invested over the last 12 months as of September 30, 2025, and $82 million in Q3 2025 at a 6.8% cap rate.
Maintained a shareholder-friendly approach with significant insider ownership, best-in-class disclosure, and strong governance scores.
Portfolio remains resilient, focused on essential retail and services, with zero exposure to problematic sectors and high tenant retention.
Maintained one of the lowest leverage profiles in company history, with significant liquidity to fund future growth.
Financial highlights
Q3 2025 AFFO per diluted share was $0.45, up from $0.43 in Q3 2024; nine-month AFFO per share was $1.33, up from $1.29 year-over-year.
Q3 2025 rental revenue was $66.5 million, up from $59.3 million in Q3 2024; nine-month rental revenue rose to $194.8 million.
Net income for Q3 2025 was $28.9 million ($0.28 per diluted share), up from $25.6 million ($0.27 per share) year-over-year; nine-month net income was $83.0 million.
Cash G&A expense was $6.5 million for Q3, 6.5% of cash rental income.
Declared a dividend of $0.3550 per common share for Q3 2025.
Outlook and guidance
Positive outlook for acquisitions with $270 million in dry powder and improved debt market conditions; $194.4 million remains available under the ATM equity program.
Extended and upsized credit facility in January 2025, with $350 million revolver and $225 million term loan.
97% of total debt is fixed rate through Q3 2027, reducing interest rate risk.
Conservative leverage target maintained at 5.0x–6.0x, with current net debt to adjusted EBITDAre at 4.7x.
Portfolio expected to benefit from long lease terms, high occupancy, and investment-grade tenants.
How do Darden's contractual renewals impact future rent growth?
What risks are avoided at current cap rates?
How does being over-equitized drive accretive growth?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Four Corners Property Trust earnings date
Q4 202512 Feb, 2026
Next Four Corners Property Trust earnings date
Q4 202512 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Four Corner Property Trust Inc. (FCPT), headquartered in Mill Valley, CA, is a real estate investment trust that owns and leases primarily commercial properties for fast-food restaurants. In addition to its property holdings, FCPT leases space at these properties to franchisees who operate the restaurants. These franchisees are not involved with the ownership or leasing of the properties they lease from FCPT. FCPT accounts for its rental income on a straight line basis over the terms of the respective leases and records no depreciation expense on its properties.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage