← Four Corners Property Trust, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $97.9m $95.5m $100.6m $112.5m
Net Income (Loss) Attributable to Parent $156.8m $71.4m $82.4m $72.6m $77.3m $85.6m $97.8m $95.3m $100.5m $112.4m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $156.8m $71.9m $82.9m $72.9m $77.6m $85.7m $97.9m $95.5m $100.6m $112.5m
Net Income (Loss) Attributable to Noncontrolling Interest $41k $498k $531k $323k $235k $164k $136k $122k $122k $124k
Depreciation, Depletion and Amortization $20.6m $21.8m $22.4m $26.3m $29.4m $34.8m $41.5m $50.7m $54.5m $59.6m
Amortization of Debt Issuance Costs $1.6m $2.1m $1.8m $2.0m $2.1m $2.4m $2.1m $2.3m $2.6m $3.2m
Amortization of Intangible Assets — $298k — — — — — — — —
Depreciation Amortization Depletion — — — — — — $41.5m $50.7m $54.5m $59.6m
Deferred Income Tax Expense (Benefit) ($80.7m) ($196k) $0 $0 — ($864k) ($125k) ($259k) ($200k) ($231k)
Deferred Income Tax — — — — — — ($125k) ($259k) ($200k) ($231k)
Deferred Tax — — — — — — ($125k) ($259k) ($200k) ($231k)
Share-based Payment Arrangement, Noncash Expense $1.6m $2.7m $4.0m $3.6m $3.4m $3.9m $5.0m $6.3m $7.0m $8.9m
Payment, Tax Withholding, Share-based Payment Arrangement — — $393k $2.7m $2.6m $3.0m $1.0m $2.3m $2.1m $3.2m
Impairment of Intangible Assets, Finite-lived — $228k — — — — — — — —
Asset Impairment Charge — — — — — — — $0 $0 $827k
Gain (Loss) on Disposition of Property Plant Equipment $16.6m $10.5m $15.3m $0 $0 $431k $8.1m $2.3m $0 $0
Income Tax Expense (Benefit) ($80.3m) ($18k) $262k $265k $247k ($534k) $237k $130k $308k $303k
Operating Lease, Lease Income — — — $139.7m $154.7m $172.8m $193.6m $219.9m $237.1m $262.6m
Additional Financial Items
Payments of Financing Costs $0 $5.5m $1.5m $0 $1.2m $4.7m $3.2m $1.1m $1.4m $6.9m
Gain (Loss) on Sale of Properties — — — — $0 $431k $8.1m $2.3m $0 $0
General and Administrative Expense $11.0m $12.3m $13.6m $13.9m $15.0m $17.6m $20.0m $22.7m $23.8m $26.8m
Operating Expenses $64.2m $72.2m $76.5m $61.5m $64.1m $82.1m $97.3m $113.7m $118.9m $130.3m
Revenue from Contract with Customer, Including Assessed Tax — — $143.6m $160.2m $170.9m — — — — —
Beginning Cash Position — — — — — — $6.3m $26.3m $24.8m $4.1m
Cash Flow From Continuing Financing Activities — — — — — — $148.9m $146.2m $108.1m $141.0m
Cash Flow From Continuing Investing Activities — — — — — — ($270.9m) ($312.8m) ($272.9m) ($325.2m)
Change In Other Current Assets — — — — — — ($6.3m) ($6.8m) ($5.4m) ($3.3m)
Change In Other Working Capital — — — — — — $8.0m $17.6m ($17.0m) $9.0m
Change In Working Capital — — — — — — $1.7m $10.9m ($22.5m) $5.7m
Changes In Cash — — — — — — $20.0m ($1.5m) ($20.7m) $8.1m
End Cash Position — — — — — — $26.3m $24.8m $4.1m $12.1m
Financing Cash Flow — — — — — — $148.9m $146.2m $108.1m $141.0m
Free Cash Flow — — — — — — $142.0m $165.1m $144.1m $192.3m
Gain Loss On Sale Of PPE — — — — — — ($8.1m) ($2.3m) $0 $0
Investing Cash Flow — — — — — — ($270.9m) ($312.8m) ($272.9m) ($325.2m)
Issuance Of Capital Stock — — — — — — $141.8m $153.4m $215.9m $225.2m
Operating Gains Losses — — — — — ($431k) ($8.1m) ($2.3m) — —
Other Non Cash Items — — — — — — $4.3m $4.4m $4.7m $5.1m
Stock Based Compensation — — — — — — $5.0m $6.3m $7.0m $8.9m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $540k ($4.3m) ($1.0m) $9.5m — — — — — —
Net Cash Provided by (Used in) Operating Activities $70.9m $78.9m $80.9m $104.7m $91.5m $122.4m $142.0m $165.1m $144.1m $192.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $83.3m $95.1m $268.3m $205.2m $230.5m $268.4m $296.3m — — —
Net Investment Properties Purchase And Sale — — — — — — ($270.9m) ($313.3m) ($273.0m) ($325.5m)
Purchase Of Investment Properties — — — — — — ($296.3m) ($341.1m) ($273.0m) ($325.5m)
Gains (Losses) on Sales of Investment Real Estate — — — — — $431k $8.1m $2.3m — —
Sale Of Investment Properties — — — — — — $25.4m $27.8m $0 $0
Payments for (Proceeds from) Other Investing Activities — — — — — — — — — ($250k)
Net Other Investing Changes — — — — — — — $508k $100k $250k
Net Cash Provided by (Used in) Investing Activities ($59.3m) ($85.3m) ($247.0m) ($207.4m) ($229.1m) ($264.9m) ($270.9m) ($312.8m) ($272.9m) ($325.2m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $183.0m $245.0m $302.0m $262.0m
Long Term Debt Issuance — — — — — — $183.0m $245.0m $302.0m $262.0m
Net Issuance Payments Of Debt — — — — — — $119.0m $116.0m $24.0m $70.0m
Net Long Term Debt Issuance — — — — — — $119.0m $116.0m $24.0m $70.0m
Long Term Debt Payments — — — — — — ($64.0m) ($129.0m) ($278.0m) ($192.0m)
Repayment Of Debt — — — — — — ($64.0m) ($129.0m) ($278.0m) ($192.0m)
Proceeds from Issuance of Common Stock $640k $32.1m — — — $116.5m $141.8m $153.4m $215.9m $225.2m
Common Stock Issuance — — — — — — $141.8m $153.4m $215.9m $225.2m
Net Common Stock Issuance — — — — — — $141.8m $153.4m $215.9m $225.2m
Dividends paid $121.6m $58.7m $69.5m $78.5m $86.3m $96.9m $107.5m $119.7m $128.1m $144.0m
Dividends Payable $14.5m $16.8m $19.6m $21.3m $24.1m $26.7m $29.1m $31.5m $35.4m $39.6m
Cash Dividends Paid — — — — — — ($107.5m) ($119.7m) ($128.1m) ($144.0m)
Common Stock Dividend Paid — — — — — — ($107.5m) ($119.7m) ($128.1m) ($144.0m)
Net Other Financing Charges — — — — — — ($4.4m) ($3.5m) ($3.7m) ($10.2m)
Net Cash Provided by (Used in) Financing Activities ($83.0m) $44.2m $190.0m $14.5m $143.6m $137.7m $148.9m $146.2m $108.1m $141.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $23.9m ($88.2m) $6.0m ($4.8m) $20.0m ($1.5m) ($20.7m) $8.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $93.2m $5.1m $11.1m $6.3m $26.3m $24.8m $4.1m $12.1m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $20.0m ($1.5m) ($20.7m) $8.1m
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $25.9m $23.2m $22.7m $30.7m $49.5m $59.1m $57.9m
Income Taxes Paid, Net $2.2m $561k $470k $589k $597k $314k $332k $369k $449k $564k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.