Four Corners Property Trust (FCPT) Operating Expenses (2014 - 2026)
Four Corners Property Trust (FCPT) reported Operating Expenses of $34.9 million for Q1 2026, up 6.19% year-over-year from $32.9 million in Q1 2025, and up 5.51% quarter-over-quarter from $33.1 million in Q4 2025.
Four Corners Property Trust (FCPT) Operating Expenses (2014 - 2026) Analysis & Trends
Four Corners Property Trust (FCPT) has 13 years of Operating Expenses data on file, last reported at $34.9 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $34.9 million, up 6.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $132.3 million (up 8.92% YoY), and the FY2025 annual result was $130.3 million, up 9.56% from the prior year.
- Operating Expenses improved to $34.9 million in Q1 2026 per FCPT's latest filing, from $33.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $34.9 million in Q1 2026 and troughed at $23.7 million in Q1 2022.
- A 5-year average of $29.1 million and a median of $29.1 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses grew 25.69% in 2022, then climbed 0.12% in 2024.
- A 5-year view of Operating Expenses shows it stood at $25.5 million in 2022, then advanced by 12.49% to $28.6 million in 2023, then increased by 4.62% to $30.0 million in 2024, then advanced by 10.46% to $33.1 million in 2025, then increased by 5.51% to $34.9 million in 2026.
- Business Quant data shows FCPT's Operating Expenses at $34.9 million in Q1 2026, $33.1 million in Q4 2025, and $32.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 70.96 Bn | 71.34 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 1.24 Bn |
| 3 | Kimco Realty | 17.44 Bn | 17.46 Bn | 447.43 Mn | 364.31 Mn |
| 4 | Regency Centers | 14.99 Bn | 15.11 Bn | - | 73.30 Mn |
| 5 | Federal Realty Investment Trust | 10.80 Bn | 10.87 Bn | 265.49 Mn | 220.41 Mn |
| 6 | Agree Realty | 9.07 Bn | 9.05 Bn | - | 104.48 Mn |
| 7 | Nnn Reit | 8.80 Bn | 8.80 Bn | - | 105.96 Mn |
| 8 | Macerich | 6.54 Bn | 6.34 Bn | 158.29 Mn | 278.05 Mn |
| 9 | Essential Properties Realty Trust | 6.48 Bn | 6.49 Bn | - | 74.46 Mn |
| 10 | Four Corners Property Trust | 2.76 Bn | 2.76 Bn | 476,000.00 | 34.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.92 Mn |
| Dec 31, 2025 | 33.10 Mn |
| Sep 30, 2025 | 32.48 Mn |
| Jun 30, 2025 | 31.81 Mn |
| Mar 31, 2025 | 32.89 Mn |
| Dec 31, 2024 | 29.96 Mn |
| Sep 30, 2024 | 29.10 Mn |
| Jun 30, 2024 | 29.52 Mn |
| Mar 31, 2024 | 30.33 Mn |
| Dec 31, 2023 | 28.64 Mn |
| Sep 30, 2023 | 29.06 Mn |
| Jun 30, 2023 | 27.29 Mn |
| Mar 31, 2023 | 28.69 Mn |
| Dec 31, 2022 | 25.46 Mn |
| Sep 30, 2022 | 24.29 Mn |
| Jun 30, 2022 | 23.87 Mn |
| Mar 31, 2022 | 23.71 Mn |
| Dec 31, 2021 | 21.48 Mn |
| Sep 30, 2021 | 21.09 Mn |
| Jun 30, 2021 | 20.64 Mn |