Accessibility Menu
Four Corners Property Trust logo

Four Corners Property Trust(NYSE) FCPT

Market Cap$2.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2015)+288%
5 Year+18%
1 Year+4%
1 Month+2%
$25.84
-0.88%
-0.23Today
Four Corners Property Trust last closing stock price
MetricPriceDate
Last closeUSD 25.822026-07-27
Four Corners Property Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.53%USD 26.492026-07-20
1 month+2.42%USD 25.212026-06-26
3 month+2.66%USD 25.152026-04-28
Year to date+15.38%USD 22.382025-12-31
1 year+3.53%USD 24.942025-07-25
3 year+16.66%USD 22.132023-07-28
5 year+17.52%USD 21.972021-07-28
Since inception+288.07%USD 6.722015-10-30

Four Corners Property Trust Financials at a Glance

Market Cap

$2.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$300.82M

Net Income (TTM)

$116.54M

EPS (TTM)

$1.11

P/E Ratio

23.34

Dividend

$1.45

Beta (Volatility)

0.44 (Low)

Price

$25.84

Volume

562,216

Open

$26.11

Previous Close

$25.82

Daily Range

$25.82 - $26.23

52-Week Range

$22.78 - $26.86

Estimated Earnings Date

Jul 29, 2026

FCPT News

PiggyBank-BuyAlert-Purple.png

Why One Fund Made a $19 Million Bet on Four Corners Property Trust Even as Shares Fell 15%

Jonathan PoncianoDec 29, 2025
22_10_31 A doctor talking to a parent and a child in a medical setting _MF Dload

Why Is This High-Yield REIT Buying So Many Medical Retail Properties?

Reuben Gregg BrewerJul 20, 2023
21_07_28 A parent and child sharing food in a restaurant _GettyImages-859147114

This 5% Yielding Stock Is Improving Its Revenue Mix, but It Just Isn't There Yet

Reuben Gregg BrewerApr 7, 2023
22_02_18 A child eating a hamburger and fries _GettyImages-1173377117

Here's Why Four Corners Can Keep Raising Its Dividend

Reuben Gregg BrewerDec 9, 2022
A group of people eating at a restaurant.

This REIT Offers a Tasty 4.9%-Yielding Dividend

Matt DiLalloJun 1, 2022
21_12_18 A person putting their hand up to say stop _GettyImages-1270972650

Will Net Lease REITs Survive Inflation?

Reuben Gregg BrewerApr 1, 2022
19_07_30 A group of people made to look like floor traders _GettyImages-200288298-001

This REIT CEO Warns That Bargains Are Hard to Find Today

Reuben Gregg BrewerDec 22, 2021
21_07_28 A parent and child sharing food in a restaurant _GettyImages-859147114

This REIT Is (Slowly) Dealing With Its Biggest Problem

Reuben Gregg BrewerDec 17, 2021
Page 1

FCPT: Motley Fool Moneyball Superscore

58

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Four Corners Property Trust

Four Corners helps restaurant owners by buying their buildings and leasing them back. This provides food brands with immediate cash to grow their daily operations. The company manages a large portfolio of commercial properties across 48 US states.

What Does the Company Own?

  • Real Estate Operations: Leasing properties to restaurant and retail tenants; earned $69.8 million in segment revenue in Q1 2026.
  • Restaurant Operations: Running seven LongHorn Steakhouse locations in the San Antonio area; generated $8.4 million in segment revenue in Q1 2026.
  • Net Leases: Rental agreements where tenants pay for property taxes, insurance, and maintenance; covers the majority of the property portfolio.

Buying and Building the Pipeline

  • Purchased 10 properties across eight states for $26.8 million during the first quarter of 2026.
  • Entered a new $200 million loan facility in April 2026 to fund future property acquisitions.
  • Raised $39.1 million in net proceeds through an at-the-market stock program in early 2026.
  • Separated from Darden Restaurants, Inc. in November 2015 to become an independent publicly traded company.

How the Business Stays Steady

The company uses a net lease model that requires tenants to handle most property-related costs like taxes and repairs. This strategy helps create a predictable income stream while protecting the company from rising maintenance and operating expenses.

Results for Q1 2026

  • Total revenue reached $78.2 million in Q1 2026, up 9.4% from the previous year.
  • Net income hit $30.3 million in Q1 2026, a 16% increase compared to Q1 2025.
  • Operating cash flow was $47.2 million in Q1 2026, down 8.5% year-over-year.
  • Total assets grew to $2.95 billion as of March 31, 2026.
  • Total debt principal stood at $1.21 billion at the end of March 2026.

Final Word

Four Corners has evolved from a specialized landlord into a diversified manager of restaurant and retail real estate. Its focus on long-term net leases and steady property acquisitions supports its continued portfolio growth.

AI Generated • May 25, 2026

Industry

Specialized REITs

Sector

Real Estate

Employees

496

CEO

William H. Lenehan, IV

Website

www.fcpt.com

Headquarters

Mill Valley, CA 94941, US

FCPT Financials

Key Financial Metrics (TTM)

Gross Margin

97.97%

Operating Margin

56.02%

Net Income Margin

38.74%

Return on Equity

7.39%

Return on Capital

5.77%

Return on Assets

3.95%

Earnings Yield

4.28%

Dividend Yield

5.63%

Payout Ratio

1.27%

Stock Overview

Market Cap

$2.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

109.75M

Volume

562.22K

Avg. Volume

817.38K

Financials (TTM)

Gross Profit

$294.71M

Operating Income

$168.52M

EBITDA

$231.45M

Operating Cash Flow

$187.89M

Capital Expenditure

$0.00

Free Cash Flow

$187.89M

Cash & ST Invst.

$29.65M

Total Debt

$1.21B

Four Corners Property Trust Performance Analysis

Four Corners Property Trust annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 223,194,00011.9%
20232023-12-31USD 250,606,00012.3%
20242024-12-31USD 268,073,0007.0%
20252025-12-31USD 294,132,0009.7%
Four Corners Property Trust sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-301.9%
Q32025-09-301.8%
Q42025-12-312.0%
Q12026-03-313.3%
Four Corners Property Trust annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 1.207.3%
20232023-12-31USD 1.07-10.1%
20242024-12-31USD 1.07-0.6%
20252025-12-31USD 1.092.2%
Four Corners Property Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-307.7%
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$78.17M

+9.4%

Gross Profit

$74.79M

+23.3%

Gross Margin

95.68%

N/A

Market Cap

$2.83BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$5.71M

N/A

Employees

496

N/A

Net Income

$30.33M

+16.0%

EBITDA

$59.77M

+11.9%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$29.65M

+33.2%

Total Debt

$1.21B

+0.4%

Accounts Receivable

$72.54M

+1576.9%

Inventory

$237.00K

+10.7%

Long Term Debt

$1.06B

-12.1%

Short Term Debt

$150.55M

N/A

Return on Assets

3.95%

N/A

Return on Invested Capital

6.02%

N/A

Free Cash Flow

$47.17M

-8.5%

Operating Cash Flow

$47.17M

-8.5%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
IVTInvenTrust Properties Corp.
$36.31-0.38%
UEUrban Edge Properties
$23.33-0.06%
AKRAcadia Realty Trust
$22.39+0.04%
NSANational Storage Affiliates Trust
$43.40-1.77%

Trending Stocks

Symbol / CompanyPricePrice Chg
NVDGraniteShares ETF Trust - GraniteShares 2x ShortDA Daily ETF
$5.25+0.10%
NOKNokia
$9.28+0.02%
AALAmerican Airlines Group
$14.95+0.03%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares
$7.24-0.02%

Questions About FCPT

What is the current price of Four Corners Property Trust?

Four Corners Property Trust is trading at $25.82 per share.

What is the 52-week range for Four Corners Property Trust?

Over the past 52 weeks, Four Corners Property Trust has traded between $22.78 and $26.86.

How much debt does Four Corners Property Trust have?

As of the most recent reporting period, Four Corners Property Trust reported total debt of $1.21B.

How much cash does Four Corners Property Trust have on hand?

Four Corners Property Trust reported $29.65M in cash and cash equivalents in its most recent financial results.

What is Four Corners Property Trust’s dividend yield?

Four Corners Property Trust currently has a dividend yield of 5.63%.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services