Saturday 17 October 2026 Export FCPT’s income statement to Excel — free account

Four Corners Property Trust, Inc.

Four Corners Property Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $294.1 million, up 9.72% from fiscal 2024. In the quarter to June 2026, revenue grew 7.65%, EPS fell 3.57%, free cash flow grew 15.8% and total debt rose 4.21%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.

21.99 0.19 +0.87%

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Market cap: $2.4B
P/E: 19.8×
Fwd P/E: 20.9×
Dividend yield: 8.39%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.55

Total sells 0.10

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	1	—	1	—	—	—	—	—
Sell	1	—	—	1	1	—	—	—	—	—	—	—

Insider Ownership 1.15%

Capital & Financial Ratios $m

Market Cap 2,390.00

Revenue 306.40

Net Income 118.71

Free Cash Flow 194.79

Net Debt 1,228.57

Current Ratio 0.14

Debt/Equity 0.77

P/E ratio 19.81

Fwd P/E 20.90

P/S ratio 7.86

P/B ratio 1.48

Past 5Y EPS Growth 0.18%

This Y EPS Growth 3.70%

Next Y EPS Growth 1.16%

Next Y revenue growth 9.88%

Next 5Y EPS Growth 1.71%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 26.43%

10-year low 10-year high

P/S against its own 10 years 1.28%

10-year low 10-year high

P/B against its own 10 years 0.90%

10-year low 10-year high

EV/Sales against its own 10 years 3.39%

10-year low 10-year high

EV/FCF against its own 10 years 1.51%

10-year low 10-year high

Dividends

Payout Ratio 1.66

Annual Dividend Rate 1.85

Annual Dividend Yield 8.39%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.48	0.37 0.37 0.12 0.12 0.12 0.13 0.13 0.13
2025	1.43	0.36 0.36 0.36 0.37
2024	1.39	0.35 0.35 0.35 0.36
2023	1.37	0.34 0.34 0.34 0.35
2022	1.34	0.33 0.33 0.33 0.34
2021	1.29	0.32 0.32 0.32 0.33
2020	1.54	0.31 0.31 0.31 0.31 0.32
2019	1.15	0.29 0.29 0.29 0.29
2018	0.83	0.28 0.28 0.28
2017	1.00	0.24 0.24 0.24 0.28
2016	1.17	0.20 0.24 0.24 0.24 0.24

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	16	4	12	25
Receivables	65	69	72	73
Inventory	—	—	—	—
Other	—	—	—	—
	81	73	84	98

	2023	2024	2025	Q'26
Payables	—	—	—	—
ST’ Debt	671	622	622	623
Other	—	—	—	—
	702	657	662	703

Compound Annual Growth %

	10y	5y	3y
Sales	24.28%	11.46%	9.64%
Cash Flow	24.38%	16.02%	10.63%
Earnings	34.74%	7.76%	4.75%
Book Value	13.95%	14.05%	12.71%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	78	78	—	—	—
’25	71	73	74	76	294
’24	66	66	67	68	268
’23	60	61	65	65	251
’22	54	55	56	57	223
’21	47	49	51	53	199
’20	42	41	43	45	171

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	47	51	—	—	—
’25	52	44	49	48	192
’24	28	40	43	33	144
’23	38	48	43	36	165
’22	35	30	44	33	142
’21	32	27	35	28	122
’20	17	20	29	26	91

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	47	51	—	—	—
’25	52	44	49	48	192
’24	28	40	43	33	144
’23	38	48	43	64	193
’22	35	30	44	58	167
’21	32	27	35	32	126
’20	17	20	29	26	91

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.28	0.27	—	—	—
’25	0.26	0.28	0.28	0.28	1.09
’24	0.26	0.27	0.27	0.27	1.07
’23	0.27	0.27	0.27	0.27	1.07
’22	0.28	0.35	0.30	0.27	1.20
’21	0.27	0.26	0.28	0.30	1.11
’20	0.27	0.26	0.27	0.27	1.08

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	14.09	20.23	21.28	24.97	12.80	25.57	22.67	20.51	22.38	22.80	Analyst estimates 2026–2028 Powerpack
	High	24.00	26.96	28.54	29.85	32.50	30.10	30.13	29.30	30.93	29.81
People
People	Employees	324	342	361	361	349	461	543	516	536	496
	Revenue/emp, $m	0.38	0.39	0.40	0.44	0.49	0.43	0.41	0.49	0.50	0.59
Income, $m
Income, $m	Revenue	124	133	144	160	171	199	223	251	268	294
	Gross margin, %	85.60	85.79	86.46	86.76	88.54	85.15	83.96	83.94	84.86	85.38
	EBT	77	72	83	73	78	85	98	96	101	113
	EBT margin, %	61.69	53.96	57.92	45.69	45.52	42.74	43.97	38.14	37.64	38.35
	Net income	157	72	83	73	78	86	98	95	101	112
	Depreciation	22	24	26	28	27	36	44	53	57	63
Per share, $
Per share, $	Revenue	2.18	2.20	2.24	2.34	2.40	2.60	2.74	2.83	2.86	2.86
	Earnings	2.75	1.18	1.29	1.06	1.08	1.12	1.20	1.08	1.07	1.09
	Cash flow	1.24	1.30	1.26	1.53	1.28	1.60	1.74	1.87	1.54	1.87
	Capex	0.00	0.00	0.00	0.00	0.00	0.04	0.31	0.31	0.00	0.00
	Free cash flow	1.24	1.30	1.26	1.53	1.28	1.64	2.05	2.18	1.54	1.87
	Book value	8.25	8.61	10.91	10.62	11.84	12.57	13.95	14.23	15.49	15.87
	Shares, m	57	61	64	68	71	77	82	89	94	103
Valuation, ×
Valuation, ×	P/E	7.79	21.90	20.31	26.59	27.56	26.50	21.83	23.69	25.36	20.96
	P/S	9.38	11.66	11.68	12.04	12.42	11.31	9.58	9.04	9.48	8.05
	P/B	2.48	2.97	2.40	2.65	2.51	2.34	1.88	1.80	1.75	1.45
	EV/Sales	12.71	15.05	15.33	16.19	16.82	15.73	13.92	13.41	13.71	12.10
	EV/FCF	22.22	25.40	27.23	24.79	31.45	24.92	18.24	15.20	18.36	14.33
Cash, $m
Cash, $m	Operating cash flow	71	79	81	105	91	122	142	165	144	192
	Capex	—	—	—	—	—	3	25	28	—	—
	Free cash flow	71	79	81	105	91	126	167	193	144	192
Balance, $m
Balance, $m	Working capital	12	69	103	23	35	35	(513)	(621)	(584)	(578)
	Total debt	439	516	616	670	764	878	995	1,113	1,138	1,204
	Net debt	412	451	524	665	753	871	969	1,096	1,134	1,192
	Shareholders’ equity	470	522	699	727	845	964	1,138	1,260	1,451	1,630
Returns, %
Returns, %	ROA	16.80	7.12	6.83	5.21	4.97	4.79	4.77	4.10	3.94	4.03
	ROIC	5.28	5.17	4.45	4.44	4.18	3.99	3.73	3.63	3.61	3.63
	ROE	34.40	14.39	13.49	10.19	9.84	9.46	9.30	7.95	7.41	7.29

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SKT Tanger Inc.	$4.1B	31.9×	35.3×	+11.15% (above 0%: growing)	+7.41% (above 0%: growing)	−86.16% (below 0%: shrinking)	70.92%	30.98%	Compare
CURB Curbline Properties Corp.	$3.1B	98.2×	183×	+52.88% (above 0%: growing)	−40.00% (below 0%: shrinking)	−167.77% (below 0%: shrinking)	87.51%	19.18%	Compare
AKR Acadia Realty Trust	$2.6B	54.7×	54.2×	−5.14% (below 0%: shrinking)	+400.00% (above 0%: growing)	+93.19% (above 0%: growing)	68.80%	23.76%	Compare
UE Urban Edge Properties	$2.6B	36.1×	42.4×	+7.62% (above 0%: growing)	−69.57% (below 0%: shrinking)	−84.13% (below 0%: shrinking)	70.52%	31.44%	Compare
FCPT Four Corners Property Trust, Inc.	$2.4B	19.8×	20.9×	+7.65% (above 0%: growing)	−3.57% (below 0%: shrinking)	+15.78% (above 0%: growing)	85.43%	55.08%
IVT InvenTrust Properties Corp.	$2.3B	151×	192×	+12.62% (above 0%: growing)	−98.39% (below 0%: shrinking)	−134.17% (below 0%: shrinking)	72.76%	15.29%	Compare
NTST NETSTREIT Corp.	$1.8B	120×	60.6×	+26.92% (above 0%: growing)	+50.00% (above 0%: growing)	−756.51% (below 0%: shrinking)	90.67%	32.17%	Compare
GTY Getty Realty Corporation	$1.8B	17.2×	22.6×	+10.88% (above 0%: growing)	+50.00% (above 0%: growing)	−85.46% (below 0%: shrinking)	96.01%	59.10%	Compare
CBL CBL & Associates Properties, Inc.	$1.5B	7.0×	14.9×	+3.96% (above 0%: growing)	+1,775.00% (above 0%: growing)	+40.87% (above 0%: growing)	65.39%	30.53%	Compare
Median of peers	$2.5B	45.4×	48.3×	+11.02%	+28.71%	−85.81%	71.84%	30.76%

All 26 Reit Retail stocks →

Four Corners Property Trust, Inc. (FCPT) key facts

Strength: Four Corners Property Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $294.1 million, up 9.72% from fiscal 2024.
Strength: Net income was $112.5 million, or $1.09 per share (basic), a net margin of 38.2%.
Four Corners Property Trust, Inc. (FCPT) is a Reit Retail company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 16, 2026, FCPT traded at $21.99, a market capitalization of $2.4 billion.
At that price the stock trades at 19.8× trailing-twelve-month earnings and 7.9× sales; its P/E is higher than 26% of its own readings over the past ten years.
Four Corners Property Trust, Inc. pays an annual dividend of $1.85 per share, a yield of 8.39%, with a payout ratio of 166.3%.
Return on equity was 7.29% and debt-to-equity 0.77.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.