Four Corners Property Trust, Inc.FCPT

時価総額

$24.1億

PER

レストラン向け不動産の投資・賃貸事業の大手。ネットリースで平均契約残存期間約7.3年、年平均賃料上昇率1.4%を展開。2024年に87物件を取得で273.0百万ドル投資、オリーブガーデン314店の高比率を保有。米国中心に展開。

	2015年 12月31日	2016年 12月31日	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income	-	157	72	83	73	78	86	98	95	101
Depreciation and amortization	4	21	22	22	26	29	35	41	51	55
Gain on disposal of land, building, and equipment	-0	17	11	15	-	-	0	8	2	-
Non-cash revenue adjustments	-	-	-	-	0	1	2	2	2	2
Amortization of financing costs	0	2	2	2	2	2	2	2	2	3
Stock-based compensation expense	0	2	3	4	4	3	4	5	6	7
Deferred income taxes	1	-81	-0	-	-	-	-1	-0	-0	-0
Derivative assets and liabilities	-	-	-	-	-	-	-	-	-	1
Straight-line rent adjustment	-	-	-	-	-	-	8	6	6	4
Rent received in advance	-	-	-	-7	9	1	-1	0	3	-8
Intangible assets (lease incentives)	-	-	-	-	-	4	1	-0	1	2
Other assets and liabilities	-4	2	-0	0	0	3	-1	-7	-7	9
Net cash provided by operating activities	22	71	79	81	105	91	122	142	165	144
Purchases of real estate investments	-	-	-	-	-	-	-	-	341	273
Proceeds from Sale of Productive Assets	-	-	16	21	-	-	3	25	28	-
Change in advance deposits in acquisition of real estate investments	-	-	1	-0	2	-1	-0	-0	-1	-0
Net cash used in investing activities	-1	-59	-85	-247	-207	-229	-265	-271	-313	-273
Net proceeds from ATM equity issuance	-	1	32	-	-	-	117	142	153	216
Proceeds from issuance of senior notes	-	-	125	100	-	125	100	125	100	-
Repayment of senior notes	-	-	-	-	-	-	-	-	-	50
Proceeds from term loan borrowing	-	-	-	-	-	-	-	30	-	85
Payment of deferred financing costs	8	-	6	1	-	1	5	3	1	1
Proceeds from Lines of Credit	-	-	36	25	52	177	191	28	145	217
Repayment of revolving credit facility	-	-	-	-	-	-	-	64	129	228
Payment of dividend to shareholders	-	122	59	69	78	86	97	108	120	128
Distribution to non-controlling interests	-	-	1	-	0	0	0	0	0	0
Redemption of non-controlling interests	-	-	-	-	3	1	-	-	-	-
Shares withheld for taxes upon vesting	-	-	-	0	3	3	3	1	2	2
Net cash provided by financing activities	77	-83	44	190	15	144	138	149	146	108
Net (decrease) increase in cash and cash equivalents, including restricted cash	-	-	-	24	-88	6	-5	20	-2	-21
Interest paid	-	-	-	-	26	23	23	31	49	59
Taxes paid	-	2	1	0	1	1	0	0	0	0
Operating lease payments received (lessor)	-	-	-	-	130	143	163	183	207	225
Operating Lease, Payments	-	-	-	-	0	1	1	1	1	1
Change in fair value of derivative instruments	-0	1	-	1	-10	-14	13	40	-17	2