Four Corners Property Trust, Inc. FCPT

Latest FY: 2025 Real Estate REIT - Retail
Market Price $25.21
Market Cap $2.76B
P/E Ratio 23.13
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑1.8% YoY
$31.48M
3-Yr CAGR: 2.1%
Net Income ↑11.8% YoY
$112.36M
Net Margin: 356.9%
Free Cash Flow
-$103.99M
FCF Yield: -3.77%
EPS (Diluted) ↑1.9% YoY
$1.09
Basic: $1.09
Return on Equity Efficiency
5,320.3%
ROA: 86.9%
⚡ Elevated ROE due to low book equity from buybacks

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (FCPT)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2023: Revenue YoY (+3.9%) is identical to Gross Profit YoY (+3.9%). Verify the underlying Revenue and Gross Profit values for FY 2023 and FY 2022.
  • FY 2024: Revenue YoY (+0.7%) is identical to Gross Profit YoY (+0.7%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
  • FY 2025: Revenue YoY (+1.8%) is identical to Gross Profit YoY (+1.8%). Verify the underlying Revenue and Gross Profit values for FY 2025 and FY 2024.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $124.0M $109.2M $156.8M $2.63 $70.9M $-12.3M
FY 2017 $133.2M +7.4% $113.7M $71.4M -54.5% $1.18 -55.1% $78.9M $-16.2M -31.2%
FY 2018 $143.6M +7.8% $123.7M $82.4M +15.4% $1.28 +8.5% $80.9M $-187.4M -1,059.1%
FY 2019 $160.2M +11.6% $133.7M $72.6M -11.9% $1.06 -17.2% $104.7M $-100.5M +46.4%
FY 2020 $170.9M +6.7% $141.7M $77.3M +6.5% $1.08 +1.9% $91.5M $-139.1M -38.4%
FY 2021 $199.4M +16.6% $166.8M $85.6M +10.7% $1.11 +2.8% $122.4M $-146.0M -5.0%
FY 2022 $29.6M -85.2% $29.6M $97.8M +14.2% $1.20 +8.1% $142.0M $-154.3M -5.7%
FY 2023 $30.7M +3.9% $30.7M $95.3M -2.5% $1.07 -10.8% $165.1M
FY 2024 $30.9M +0.7% $30.9M $100.5M +5.4% $1.07 0.0% $144.1M
FY 2025 $31.5M +1.8% $31.5M $112.4M +11.8% $1.09 +1.9% $192.3M
$

Valuation

Market Price $25.21
Market Cap $2.76B
Enterprise Value $3.95B
P/E Ratio 23.13
P/B Ratio 1,310.03
FCF Yield -3.77%
Dividend Yield 5.68%
Shares Outstanding 109,749,200
%

Profitability & Margins

Gross Margin 37.77%
Operating Margin 358.59%
Net Margin 356.89%
Return on Equity (ROE) 5,320.27%
Return on Assets (ROA) 86.85%
Asset Turnover 0.24x
Revenue 3-Yr CAGR 2.10%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 570.157
Debt / Assets 9.308
Cash & Equivalents $12.14M
Total Debt $1.20B
Book Value / Share $0.02
💧

Cash Flow Efficiency

Operating Cash Flow $192.28M
Capital Expenditures (CapEx) $296.27M
Free Cash Flow -$103.99M
OCF / Revenue 610.73%
FCF / Revenue -330.29%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $1.09
EPS (Basic) $1.09
Dividends / Share $1.43
Book Value / Share $0.02
EPS YoY Growth 1.87%
🏛️

Balance Sheet (FY 2025)

Total Assets $129.37M
Total Liabilities $1.29B
Stockholders' Equity $2.11M
Current Assets N/A
Current Liabilities N/A