Is Four Corners Property Trust (FCPT) overvalued or fairly valued?

MarketChacha shows Four Corners Property Trust's valuation in context — a trailing P/E of about 22.1, a forward P/E of about 20.3, a price-to-book of about 2.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Four Corners Property Trust's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.63×) from reported figures — education, not a rating.

What is Four Corners Property Trust's revenue?

Four Corners Property Trust reported revenue of $31.5M for FY2025, with net profit of $112.4M, per official filings.

What is the share price of Four Corners Property Trust (FCPT)?

Four Corners Property Trust last traded at $24.49 (-2.4% on the day), as of 8/10/2026 — a delayed quote shown for education, not investment advice.

Four Corners Property Trust

FCPT · NYSE · Real Estate · United States

Snapshot

TickerFCPT

ExchangeNYSE

SectorReal Estate

IndustryREIT - Retail

CountryUnited States

Employees496

HeadquartersMill Valley, United States

Websitewww.fcpt.com

Filings tracked20

About Four Corners Property Trust

Four Corners Property Trust, Inc. is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Four Corners Property Trust, Inc is headquartered in Mill Valley, California. Four Corners Property Trust, Inc. was established on July 02, 2015 and incorporated in Maryland.

Who owns it

Insiders1.3%
Institutions98.7%
Public & other0.0%

477 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.18.20%
FMR, LLC7.91%
Vanguard Portfolio Management LLC6.06%
State Street Corporation5.73%
Vanguard Capital Management LLC4.47%
Victory Capital Management Inc.3.47%
Capital International Investors3.01%
Two Sigma Investments, LP2.98%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 6.9% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion1.63×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Return on equity6.9%

Latest ROE of 6.9% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 1% · PAT 9%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

One-off items3 of last 3 yrs

Recent reported profit includes sizeable one-off / non-operating items — the underlying operating trend may differ from the headline.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $77.9M · EPS 0.32

Est. earnings growth +14.3%

Next fiscal year

Rev $341.2M · EPS 1.20

Est. earnings growth +2.0%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$31.5M

ROE

6.9%

Revenue CAGR (2y)

+1.2%

Profit CAGR (2y)

+8.6%

EPS (FY2025)

1.09

Net profit (FY2025)

$112.4M

Ask MarketChacha about FCPT

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	ROE
FY2025	$31.5M	$112.4M*	1.09	6.9%
FY2024	$30.9M	$100.5M*	1.07	6.9%
FY2023	$30.7M	$95.3M*	1.07	7.6%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Quarterly

Period	Revenue	Net profit	EPS
2026Q2	$8.4M	$30.0M*	0.27
2026Q1	$8.4M	$30.3M*	0.28
2025Q3	$7.6M	$28.8M*	0.28
2025Q2	$8.0M	$27.9M*	0.28
2025Q1	$8.0M	$26.2M*	0.26
2024Q3	$7.5M	$25.6M*	0.27
2024Q2	$7.9M	$24.7M*	0.27
2024Q1	$7.9M	$24.0M*	0.26
2023Q3	$7.6M	$24.2M*	0.27
2023Q2	$7.8M	$23.6M*	0.27
2023Q1	$7.8M	$23.1M*	0.27

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/30/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/29/2026material
8-K — Reg FD disclosure, Exhibits
SEC7/28/2026material
8-K — Reg FD disclosure, Other events, Exhibits
SEC7/16/2026material
8-K — Shareholder vote results
SEC6/8/2026material
8-K — Reg FD disclosure, Other events, Exhibits
SEC6/1/2026material
10-Q filing
SEC4/30/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/29/2026material
8-K — Material agreement, Material financial obligation, Reg FD disclosure, Exhibits
SEC4/7/2026material
8-K — Executive/director change, Exhibits
SEC4/1/2026material
10-K filing
SEC2/12/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/11/2026material

2025

8-K — Reg FD disclosure, Exhibits
SEC12/1/2025material
8-K — Material agreement, Exhibits
SEC11/6/2025material
8-K — Other events, Exhibits
SEC10/31/2025material
10-Q filing
SEC10/29/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/28/2025material
8-K — Other events, Exhibits
SEC7/31/2025material
10-Q filing
SEC7/30/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/29/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.