Four Corners Property Trust, Inc.
FCPT NYSE Real Estate Investment Trusts Financials FY2016βFY2025
What Four Corners Property Trust, Inc. does
No business description yet.
- Legal name
- Four Corners Property Trust, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K Β· Feb 12, 2026
- Accession Β· CIK
- 0001193125-26-048898
0001650132
Revenue and margins
Four Corners Property Trust, Inc. had $294M of revenue in fiscal 2025, up 9.7% on the year before.
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew β9.3% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was β in fiscal 2025, β of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Four Corners Property Trust, Inc. returned $144M to shareholders in fiscal 2025. The diluted share count rose 9.4%.
Balance sheet
Cash, debt and the ratios that show how comfortably Four Corners Property Trust, Inc. can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $6.3M | $26.3M | $16.3M | $4.1M | $12.1M |
| Debt incl. finance leases | β | β | $1.1B | $1.1B | $1.2B |
| Debt / equity | β | β | 0.9x | 0.8x | 0.7x |
| Total assets | $1.9B | $2.2B | $2.5B | $2.7B | $2.9B |
| Total liabilities | $939M | $1.1B | $1.2B | $1.2B | $1.3B |
| Shareholders' equity | $964M | $1.1B | $1.3B | $1.5B | $1.6B |
| Net debt (β = net cash) | β | β | $1.1B | $1.1B | $1.2B |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 6 | β / 6 | β / 6 | β / 6 | β / 6 | β / 6 | β / 6 | 4 / 7 | 5 / 7 |
| Accruals ratio | 9.2% | β0.8% | 0.1% | β2.3% | β0.9% | β2.1% | β2.2% | β3.0% | β1.7% | β2.9% |
| Altman Z'' | β | β | β | β | β | β | β | β | β | β |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $124M | $133M | $144M | $160M | $171M | $199M | $223M | $251M | $268M | $294M |
| Interest expense | $14.8M | $19.5M | $20.0M | $26.5M | $29.2M | $32.6M | $36.4M | $44.6M | $49.2M | $51.9M |
| Pretax income | $76.5M | $71.9M | $83.2M | β | β | β | β | β | β | β |
| Income tax | β$80.3M | β$0.0M | $0.3M | $0.3M | $0.2M | β$0.5M | $0.2M | $0.1M | $0.3M | $0.3M |
| Net income | $157M | $71.4M | $82.4M | $72.6M | $77.3M | $85.6M | $97.8M | $95.3M | $100M | $112M |
| Diluted EPS | $2.63 | $1.18 | $1.28 | $1.06 | $1.08 | $1.11 | $1.20 | $1.07 | $1.07 | $1.09 |
| Diluted shares | 0.06B | 0.06B | 0.06B | 0.07B | 0.07B | 0.08B | 0.08B | 0.09B | 0.09B | 0.10B |
| Cash flow | ||||||||||
| Cash from operations | $70.9M | $78.9M | $80.9M | $105M | $91.5M | $122M | $142M | $165M | $144M | $192M |
| Capital expenditure | $83.3M | $95.1M | $268M | $205M | $231M | $268M | $296M | β | β | β |
| Free cash flow | β$12.3M | β$16.2M | β$187M | β$100M | β$139M | β$146M | β$154M | β | β | β |
| Depreciation and amortization | $20.6M | $21.8M | $23.9M | $26.3M | $29.4M | $34.8M | $41.5M | $50.7M | $54.5M | $59.6M |
| Stock-based compensation | $1.6M | $2.7M | $4.0M | $3.6M | $3.4M | $3.9M | $5.0M | $6.3M | $7.0M | $8.9M |
| Dividends paid | $122M | $58.7M | $69.5M | $78.5M | $86.3M | $96.9M | $108M | $120M | $128M | $144M |
| Dividends and buybacks | $122M | $58.7M | $69.5M | $78.5M | $86.3M | $96.9M | $108M | $120M | $128M | $144M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $26.6M | $64.5M | $92.0M | $5.1M | $11.1M | $6.3M | $26.3M | $16.3M | $4.1M | $12.1M |
| Total debt | β | β | β | β | β | β | β | $1.1B | $1.1B | $1.2B |
| Inventory | $0.2M | $0.2M | $0.2M | $0.2M | $0.2M | $0.3M | $0.3M | $0.2M | $0.2M | $0.2M |
| Intangible assets | $1.8M | $3.8M | $19.0M | $57.9M | $96.3M | $104M | $106M | $118M | $124M | $129M |
| Total assets | $937M | $1.1B | $1.3B | $1.4B | $1.7B | $1.9B | $2.2B | $2.5B | $2.7B | $2.9B |
| Total liabilities | $467M | $546M | $644M | $719M | $824M | $939M | $1.1B | $1.2B | $1.2B | $1.3B |
| Preferred stock | β | β | β | β | β | β | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $470M | $522M | $699M | $727M | $845M | $964M | $1.1B | $1.3B | $1.5B | $1.6B |
| Margins | ||||||||||
| Net margin | 126.4% | 53.6% | 57.4% | 45.3% | 45.2% | 42.9% | 43.8% | 38.0% | 37.5% | 38.2% |
| FCF margin | β9.9% | β12.1% | β130.5% | β62.7% | β81.4% | β73.2% | β69.1% | β | β | β |
| Returns | ||||||||||
| Return on equity | 33.4% | 14.4% | 13.5% | 10.2% | 9.8% | 9.5% | 9.3% | 8.0% | 7.4% | 7.3% |
| Return on assets | 16.7% | 7.1% | 6.8% | 5.2% | 5.0% | 4.8% | 4.8% | 4.1% | 3.9% | 4.0% |
| Return on tangible equity | 33.5% | 13.8% | 12.1% | 10.9% | 10.3% | 10.0% | 9.5% | 8.3% | 7.6% | 7.5% |
| Growth | ||||||||||
| Revenue growth | β | 7.4% | 7.8% | 11.6% | 6.7% | 16.6% | 11.9% | 12.3% | 7.0% | 9.7% |
| Net income growth | β | β54.5% | 15.4% | β11.9% | 6.5% | 10.7% | 14.2% | β2.5% | 5.4% | 11.8% |
| EPS growth | β | β55.1% | 8.5% | β17.2% | 1.9% | 2.8% | 8.1% | β10.8% | 0.0% | 1.9% |
| Share count change | β | 1.9% | 6.1% | 6.6% | 4.3% | 7.3% | 6.5% | 8.5% | 6.0% | 9.4% |
| Financial health | ||||||||||
| Debt / equity | β | β | β | β | β | β | β | 0.9x | 0.8x | 0.7x |
| Capital allocation | ||||||||||
| Capex / revenue | 67.1% | 71.4% | 186.8% | 128.0% | 134.9% | 134.6% | 132.7% | β | β | β |
| Stock comp / revenue | 1.2% | 2.0% | 2.8% | 2.2% | 2.0% | 2.0% | 2.2% | 2.5% | 2.6% | 3.0% |
| Quality scores | ||||||||||
| Piotroski F-score | β | β | β | β | β | β | β | β | 4.0 | 5.0 |
| Accruals ratio | 9.2% | β0.8% | 0.1% | β2.3% | β0.9% | β2.1% | β2.2% | β3.0% | β1.7% | β2.9% |
Source: SEC EDGAR XBRL filings (CIK 0001650132). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.