Four Corners Ppty Tr Inc (FCPT) reported $294.1M in revenue for fiscal year 2025, up 9.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FCPT’s asset expansion has leaned on equity-funded growth, keeping per-share earnings nearly flat while leverage eased.
From FY2023 to FY2025, net income grew from$95.3M to$112.4M , but diluted EPS only moved from$1.07 to$1.09 as shares outstanding rose from 91.6M to 109.7M. With debt-to-equity falling from 0.9x to 0.7x over the same span, the company expanded without leaning harder on debt, but more of the business was spread across a larger shareholder base.
In FY2025, cash conversion was stronger than reported net income: operating cash flow reached
Investment spending still outran internally generated cash in FY2025, with investing cash flow at
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Four Corners Ppty Tr Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Four Corners Ppty Tr Inc, and counted as zero in the overall score.
Not available for Four Corners Ppty Tr Inc, and counted as zero in the overall score.
Four Corners Ppty Tr Inc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Four Corners Ppty Tr Inc generates $1.71 in operating cash flow ($192.3M OCF vs $112.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Four Corners Ppty Tr Inc generated $294.1M in revenue in fiscal year 2025. This represents an increase of 9.7% from the prior year.
Four Corners Ppty Tr Inc reported $112.4M in net income in fiscal year 2025. This represents an increase of 11.8% from the prior year.
Four Corners Ppty Tr Inc earned $1.09 per diluted share (EPS) in fiscal year 2025. This represents an increase of 1.9% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Four Corners Ppty Tr Inc held $12.1M in cash against $1.2B in long-term debt as of fiscal year 2025.
Four Corners Ppty Tr Inc paid $1.43 per share in dividends in fiscal year 2025. This represents an increase of 3.0% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Four Corners Ppty Tr Inc's net profit margin was 38.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.7 percentage points from the prior year.
Four Corners Ppty Tr Inc's ROE was 6.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. That is unchanged from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
FCPT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $306.4M | $294.1M+9.7% | $268.1M+7.0% | $250.6M+12.3% | $223.2M+11.9% | $199.4M+16.6% | $170.9M+6.7% | $160.2M+11.6% | $143.6M+7.8% | $133.2M+7.4% | $124.0M+270.7% | $33.5M+89.1% | $17.7M+4.7% | $16.9M |
| SG&A Expenses | $27.5M | $26.8M+12.8% | $23.8M+4.9% | $22.7M+13.2% | $20.0M+13.6% | $17.6M+17.3% | $15.0M+8.0% | $13.9M+5.5% | $13.2M+10.3% | $12.0M+9.1% | $11.0M+491.4% | $1.9M | $0 | $0 |
| Interest Expense | $53.0M | $51.9M+5.4% | $49.2M+10.4% | $44.6M+22.5% | $36.4M+11.8% | $32.6M+11.4% | $29.2M+10.2% | $26.5M+32.9% | $20.0M+2.5% | $19.5M+31.3% | $14.8M+573.1% | $2.2M | $0 | $0 |
| Income Tax | $293K | $303K-1.6% | $308K+136.9% | $130K-45.1% | $237K+144.4% | -$534K-316.2% | $247K-6.8% | $265K+1.1% | $262K+1555.6% | -$18K+100.0% | -$80.3M-2829.2% | $2.9M+2173.2% | -$142K-14.5% | -$124K |
| Net Income | $118.6M | $112.4M+11.8% | $100.5M+5.4% | $95.3M-2.5% | $97.8M+14.2% | $85.6M+10.7% | $77.3M+6.5% | $72.6M-11.9% | $82.4M+15.4% | $71.4M-54.5% | $156.8M+2651.5% | $5.7M+17709.4% | $32K+10.3% | $29K |
| EPS (Diluted) | — | $1.09+1.9% | $1.070.0% | $1.07-10.8% | $1.20+8.1% | $1.11+2.8% | $1.08+1.9% | $1.06-17.2% | $1.28+8.5% | $1.18-55.1% | $2.63 | $0.91 | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
FCPT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.9B+10.1% | $2.7B+8.2% | $2.5B+11.5% | $2.2B+15.5% | $1.9B+14.1% | $1.7B+15.4% | $1.4B+7.7% | $1.3B+25.7% | $1.1B+14.0% | $937.2M+0.8% | $929.4M+7678.4% | $11.9M | N/A |
| Cash & Equivalents | $12.1M+197.6% | $4.1M-75.0% | $16.3M-37.9% | $26.3M+317.4% | $6.3M-43.1% | $11.1M+117.7% | $5.1M-94.5% | $92.0M+42.8% | $64.5M+142.0% | $26.6M-72.8% | $98.1M+1400942.9% | $7K0.0% | $7K |
| Inventory | $246K+11.3% | $221K-7.1% | $238K-13.1% | $274K+8.7% | $252K+37.7% | $183K-6.6% | $196K+7.1% | $183K-1.6% | $186K-7.9% | $202K+2.0% | $198K+75.2% | $113K | N/A |
| Accounts Receivable | $5.8M+66.9% | $3.5M+16.5% | $3.0M+12.2% | $2.7M+102.8% | $1.3M+26.8% | $1.0M+172.4% | $380K-51.4% | $782K+104.2% | $383K+136.4% | $162K+131.4% | $70K | $0 | N/A |
| Total Liabilities | $1.3B+7.4% | $1.2B+0.9% | $1.2B+12.4% | $1.1B+12.9% | $939.1M+14.0% | $823.7M+14.5% | $719.3M+11.7% | $644.1M+17.9% | $546.4M+17.0% | $467.0M-4.3% | $487.8M+16429.8% | $3.0M | N/A |
| Long-Term Debt | $1.2B+5.8% | $1.1B+2.3% | $1.1B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.6B+12.3% | $1.5B+15.2% | $1.3B+10.7% | $1.1B+18.1% | $963.9M+14.1% | $844.5M+16.2% | $726.7M+4.0% | $699.0M+33.8% | $522.3M+11.1% | $470.1M+6.4% | $441.6M+4808.2% | $9.0M | N/A |
| Retained Earnings | -$93.6M-62.1% | -$57.7M-119.7% | -$26.3M-4661.8% | $576K-95.5% | $12.8M-52.2% | $26.7M-30.5% | $38.4M-16.6% | $46.0M+26.7% | $36.3M+40.0% | $25.9M+393.5% | $5.3M | $0 | N/A |
Not reported in any period shown, so not listed: Current Assets, Goodwill, Current Liabilities.
FCPT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $194.8M | $192.3M+33.4% | $144.1M-12.7% | $165.1M+16.3% | $142.0M+16.0% | $122.4M+33.8% | $91.5M-12.6% | $104.7M+29.4% | $80.9M+2.5% | $78.9M+11.3% | $70.9M+227.0% | $21.7M+2157.3% | $961K+5.1% | $914K |
| Capital Expenditures | N/A | N/A | N/A | N/A | $296.3M+10.4% | $268.4M+16.4% | $230.5M+12.4% | $205.2M-23.5% | $268.3M+182.1% | $95.1M+14.2% | $83.3M+14875.4% | $556K+910.9% | $55K+111.5% | $26K |
| Free Cash Flow | N/A | N/A | N/A | N/A | -$154.3M-5.7% | -$146.0M-5.0% | -$139.1M-38.4% | -$100.5M+46.4% | -$187.4M-1059.0% | -$16.2M-31.2% | -$12.3M-158.3% | $21.1M+2233.0% | $906K+2.0% | $888K |
| Investing Cash Flow | -$270.7M | -$325.3M-19.2% | -$272.9M+12.7% | -$312.8M-15.5% | -$270.9M-2.3% | -$264.9M-15.6% | -$229.1M-10.5% | -$207.4M+16.1% | -$247.0M-207.2% | -$80.4M-35.6% | -$59.3M-10569.4% | -$556K-910.9% | -$55K-111.5% | -$26K |
| Financing Cash Flow | $94.7M | $141.0M+30.5% | $108.1M-26.0% | $146.2M-1.8% | $148.9M+8.1% | $137.7M-4.1% | $143.6M+888.9% | $14.5M-92.4% | $190.0M+330.0% | $44.2M+153.2% | -$83.0M-208.0% | $76.9M+8591.1% | -$906K-2.0% | -$888K |
| Dividends Paid | $152.9M | $144.0M+12.4% | $128.1M+7.0% | $119.7M+11.3% | $107.5M+11.0% | $96.9M+12.2% | $86.3M+10.0% | $78.5M+12.9% | $69.5M+18.4% | $58.7M-51.7% | $121.6M | $0 | $0 | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
FCPT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 38.2%+0.7pp | 37.5%-0.6pp | 38.0%-5.8pp | 43.8%+0.9pp | 42.9%-2.3pp | 45.2%-0.1pp | 45.3%-12.0pp | 57.4%+3.8pp | 53.6% | 126.4% | 17.0%+16.9pp | 0.2%0.0pp | 0.2% |
| Return on Equity | 6.9%0.0pp | 6.9%-0.6pp | 7.6%-1.0pp | 8.6%-0.3pp | 8.9%-0.3pp | 9.2%-0.8pp | 10.0%-1.8pp | 11.8%-1.9pp | 13.7%-19.7pp | 33.4%+32.1pp | 1.3%+0.9pp | 0.4% | N/A |
| Return on Assets | 3.9%+0.1pp | 3.8%-0.1pp | 3.9%-0.6pp | 4.5%-0.1pp | 4.5%-0.1pp | 4.6%-0.4pp | 5.0%-1.1pp | 6.1%-0.5pp | 6.7%-10.1pp | 16.7%+16.1pp | 0.6%+0.3pp | 0.3% | N/A |
| Debt-to-Equity | 0.740.0x | 0.78-0.1x | 0.880.0x | 0.930.0x | 0.970.0x | 0.980.0x | 0.99+0.1x | 0.92-0.1x | 1.05+0.1x | 0.99-0.1x | 1.10+0.8x | 0.33 | N/A |
| FCF Margin | N/A | N/A | N/A | -69.1%+4.1pp | -73.2%+8.2pp | -81.4%-18.6pp | -62.7% | -130.5% | -12.1%-2.2pp | -9.9%-73.1pp | 63.2%+58.1pp | 5.1%-0.1pp | 5.3% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
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Where Four Corners Ppty Tr Inc Ranks
Frequently Asked Questions
What is Four Corners Ppty Tr Inc's annual revenue?
Four Corners Ppty Tr Inc (FCPT) reported $294.1M in total revenue for fiscal year 2025. This represents a 9.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Four Corners Ppty Tr Inc's revenue growing?
Four Corners Ppty Tr Inc (FCPT) revenue grew by 9.7% year-over-year, from $268.1M to $294.1M in fiscal year 2025.
Is Four Corners Ppty Tr Inc profitable?
Yes, Four Corners Ppty Tr Inc (FCPT) reported a net income of $112.4M in fiscal year 2025, with a net profit margin of 38.2%.
How much debt does Four Corners Ppty Tr Inc have?
As of fiscal year 2025, Four Corners Ppty Tr Inc (FCPT) had $12.1M in cash and equivalents against $1.2B in long-term debt.
What is Four Corners Ppty Tr Inc's net profit margin?
Four Corners Ppty Tr Inc (FCPT) had a net profit margin of 38.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Four Corners Ppty Tr Inc pay dividends?
Yes, Four Corners Ppty Tr Inc (FCPT) paid $1.43 per share in dividends during fiscal year 2025.
What is Four Corners Ppty Tr Inc's return on equity (ROE)?
Four Corners Ppty Tr Inc (FCPT) has a return on equity of 6.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Four Corners Ppty Tr Inc's operating cash flow?
Four Corners Ppty Tr Inc (FCPT) generated $192.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Four Corners Ppty Tr Inc's total assets?
Four Corners Ppty Tr Inc (FCPT) had $2.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Four Corners Ppty Tr Inc's debt-to-equity ratio?
Four Corners Ppty Tr Inc (FCPT) had a debt-to-equity ratio of 0.74 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Four Corners Ppty Tr Inc's return on assets (ROA)?
Four Corners Ppty Tr Inc (FCPT) had a return on assets of 3.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Four Corners Ppty Tr Inc's Piotroski F-Score?
Four Corners Ppty Tr Inc (FCPT) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Four Corners Ppty Tr Inc's earnings high quality?
Four Corners Ppty Tr Inc (FCPT) has an earnings quality ratio of 1.71x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Four Corners Ppty Tr Inc?
Four Corners Ppty Tr Inc (FCPT) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.