FCPT Announces First Quarter 2026 Financial and Operating Results
FCPT reported Q1 rental revenue of $69.8 million, up 10% year-over-year, with AFFO per share growing 3.4% to $0.45. The company closed on a new $200 million senior unsecured delayed draw term loan facility to fund its investment pipeline, maintaining a leverage ratio of 5.0x net debt to adjusted EBITDAre.
Key figures
- Eps
- 0.28
- Revenue
- $69.8 million
- Revenue Yoy
- 10.0%
- Ffo per share
- 0.42
- Affo per share
- 0.45
- Ffo growth yoy
- 4.7%
- Affo growth yoy
- 3.4%
- Dividend declared
- 0.3665
- Portfolio occupancy
- 99.6%
- New term loan amount
- 200000000
- Rent collection rate
- 99.7%
- Acquisition yield cash
- 6.8%
- Acquisition yield gaap
- 7.3%
- Acquisition purchase price
- 26200000
- Leverage net debt to ebitda
- 5.0x
- Weighted average lease term
- 6.7 years
AI analysis
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