Four Corners Property Trust Inc

FCPT · NYSE · Real Estate / REIT - Retail

23.32USD+0.25 (+1.08%)

Price History

Full chart

Market Stats

Previous Close23.07

Open23.10

Day Range23.07 – 23.37

52-Week Range21.57 – 26.60

Volume952.69K

Market Cap2.43B

P/E (TTM)20.13

Forward P/E20.20

EPS1.10

Dividend Yield6.86%

Beta0.81

50-Day Avg24.85

200-Day Avg24.71

About

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.

Company Details

SectorReal Estate
IndustryREIT - Retail
CEOMr. William Howard Lenehan IV
Employees496
Headquarters591 Redwood Highway, Mill Valley, CA, United States, 94941-6007, USA
Websitehttps://www.fcpt.com

Leadership

Mr. William Howard Lenehan IVPresident, CEO & Director · b. 1977
Mr. Patrick L. WernigCFO & Treasurer · b. 1989
Mr. James L. Brat J.D.COO, Chief Legal Officer & Secretary · b. 1971
Mr. Joshua C. ZhangDirector of Investments
Ms. Niccole M. StewartChief Accounting Officer
Mr. Drake Nylund C.F.A.Manager of Corporate Finance
Mr. Park AllenVice President of People
Mr. Warren SmithController of Finance & Reporting
Ms. Kelly EgliController
Mr. Steen LundTreasury & Tax Analyst

Financials

Income Statement

Currency: USD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	16.52M	16.91M	17.70M	33.46M	124.02M	133.21M	143.63M	160.23M	170.94M	199.38M	223.19M	250.61M	268.07M	294.13M
Growth (%)	-	+2.32%	+4.66%	+89.07%	+270.69%	+7.41%	+7.83%	+11.56%	+6.68%	+16.63%	+11.95%	+12.28%	+6.97%	+9.72%
Cost of Revenue	13.67M	16.13M	14.77M	17.00M	17.85M	18.65M	19.01M	21.21M	19.59M	29.60M	35.81M	40.26M	40.60M	13.56M
Gross Profit	2.85M	780.00K	2.92M	16.46M	106.17M	114.56M	124.62M	139.02M	151.35M	169.78M	187.38M	210.35M	227.47M	280.57M
Gross Margin	17.28%	4.61%	16.51%	49.20%	85.60%	86.00%	86.76%	86.76%	88.54%	85.15%	83.96%	83.94%	84.86%	95.39%
Operating Expense	3.04M	685.00K	3.03M	5.61M	46.38M	53.54M	37.52M	40.25M	44.48M	52.44M	61.51M	73.41M	78.30M	116.71M
Operating Income	-180.00K	95.00K	-110.00K	10.85M	59.78M	61.02M	87.10M	98.78M	106.88M	117.33M	125.87M	136.94M	149.17M	163.86M
Operating Margin	-1.09%	0.56%	-0.62%	32.42%	48.21%	45.81%	60.64%	61.65%	62.52%	58.85%	56.39%	54.64%	55.65%	55.71%
EBITDA	701.00K	780.00K	753.00K	14.60M	95.19M	113.15M	110.98M	126.03M	136.48M	152.16M	176.02M	190.93M	204.65M	225.09M
EBITDA Margin	4.24%	4.61%	4.26%	43.65%	76.75%	84.94%	77.27%	78.66%	79.84%	76.32%	78.86%	76.19%	76.34%	76.53%
Net Income	-39.00K	29.00K	32.00K	5.70M	156.81M	71.39M	82.40M	72.62M	77.33M	85.58M	97.77M	95.34M	100.47M	112.36M
Net Income Margin	-0.24%	0.17%	0.18%	17.03%	126.44%	53.60%	57.37%	45.32%	45.24%	42.92%	43.81%	38.04%	37.48%	38.20%
R&D	-	-	-	0	0.64	0.55	0.58	0.46	0.46	0.43	0.44	0.27	-	-
R&D as % of Total Revenue	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	0	0	0	2.20M	14.83M	19.47M	19.96M	26.52M	29.23M	32.55M	36.41M	44.61M	49.23M	51.87M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	6.58%	11.96%	14.62%	13.90%	16.55%	17.10%	16.33%	16.31%	17.80%	18.36%	17.64%

Balance Sheet

Currency: USD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	12.81M	11.95M	929.44M	937.15M	1.07B	1.34B	1.45B	1.67B	1.90B	2.20B	2.45B	2.65B	2.92B
Total Liabilities	-	2.94M	2.95M	487.80M	467.03M	546.39M	644.13M	719.33M	823.68M	939.09M	1.06B	1.19B	1.20B	1.29B
Total Equity	-	9.87M	9.00M	441.64M	470.12M	522.27M	698.96M	726.74M	844.50M	963.89M	1.14B	1.26B	1.45B	1.63B
Cash	-	7.00K	7.00K	98.07M	26.64M	64.47M	92.04M	5.08M	11.06M	6.30M	26.30M	16.32M	4.08M	12.14M
Total Debt	-	-	-	394.31M	441.51M	533.49M	617.50M	674.95M	782.60M	892.63M	1.00B	1.12B	1.14B	1.21B
Net Debt	-	-7.00K	-7.00K	294.23M	412.25M	451.07M	523.85M	669.26M	748.87M	876.91M	974.32M	1.10B	1.14B	1.20B

Cash Flow

Currency: USD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	806.00K	914.00K	961.00K	21.69M	70.94M	78.94M	80.88M	104.67M	91.46M	122.42M	142.00M	165.10M	144.10M	192.28M
Investing Cash Flow	-131.00K	-26.00K	-55.00K	-556.00K	-59.32M	-85.32M	-247.05M	-207.35M	-229.07M	-264.92M	-270.90M	-312.79M	-272.92M	-325.25M
Financing Cash Flow	-675.00K	-888.00K	-906.00K	76.93M	-83.05M	44.20M	190.03M	14.52M	143.60M	137.74M	148.90M	146.18M	108.11M	141.03M
Capital Expenditure	131.00K	26.00K	55.00K	556.00K	83.26M	95.11M	247.05M	207.35M	230.53M	268.39M	296.27M	0	0	0
Free Cash Flow	675.00K	888.00K	906.00K	21.14M	-12.32M	-16.17M	-166.16M	104.67M	91.46M	122.42M	142.00M	165.10M	144.10M	192.28M
Dividends Paid	-	-	121.60M	314.99M	121.60M	58.70M	69.49M	78.49M	86.33M	96.90M	107.54M	119.72M	128.11M	143.98M
FCF to OCF	83.75%	97.16%	94.28%	97.44%	-17.37%	-20.48%	-205.44%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-	13422.08%	1490.21%	-986.73%	-363.05%	-41.82%	74.98%	94.39%	79.16%	75.73%	72.51%	88.90%	74.88%

Earnings

Report Date	Mar 10, 2016	May 9, 2016	Aug 3, 2016	Nov 3, 2016	Feb 22, 2017	May 3, 2017	Aug 2, 2017	Nov 2, 2017	Feb 20, 2018	Apr 25, 2018	Jul 25, 2018	Oct 29, 2018	Feb 13, 2019	Apr 23, 2019	Jul 30, 2019	Oct 29, 2019	Feb 12, 2020	May 6, 2020	Jul 29, 2020	Oct 27, 2020	Feb 17, 2021	Apr 27, 2021	Aug 4, 2021	Oct 26, 2021	Feb 16, 2022	Apr 26, 2022	Jul 26, 2022	Nov 1, 2022	Feb 15, 2023	May 1, 2023	Aug 1, 2023	Nov 1, 2023	Feb 14, 2024	May 1, 2024	Jul 30, 2024	Oct 30, 2024	Feb 12, 2025	Apr 30, 2025	Jul 29, 2025	Oct 28, 2025	Feb 11, 2026	Apr 29, 2026	Jul 29, 2026	Oct 27, 2026
EPS Estimate	0.19	1.91	0.24	0.25	0.25	0.25	0.26	0.24	0.24	0.26	0.27	0.26	0.27	0.26	0.27	0.27	0.27	0.28	0.26	0.27	0.28	0.28	0.27	0.27	0.28	0.28	0.29	0.29	0.28	0.27	0.26	0.28	0.26	0.26	0.27	0.27	0.28	0.27	0.27	0.28	0.28	0.28	0.44	0.45
EPS Actual	0.85	1.57	0.25	0.25	0.27	0.26	0.25	0.31	0.30	0.26	0.44	0.27	0.31	0.26	0.26	0.27	0.27	0.27	0.26	0.27	0.27	0.27	0.26	0.28	0.30	0.28	0.35	0.30	0.27	0.27	0.27	0.27	0.27	0.26	0.27	0.27	0.27	0.26	0.28	0.28	0.28	0.28	0.45	-
Surprise	347.37%	-17.80%	4.17%	0.00%	8.00%	4.00%	-3.85%	29.17%	25.00%	0.00%	62.96%	3.85%	14.81%	0.00%	-3.70%	0.00%	0.00%	-3.57%	0.00%	0.00%	-3.57%	-3.57%	-3.70%	3.70%	7.14%	0.00%	20.69%	3.45%	-3.57%	0.00%	3.85%	-3.57%	3.85%	0.00%	0.00%	0.00%	-3.57%	-3.70%	3.70%	0.00%	0.00%	0.00%	2.27%	-
Timing	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-

Key Statistics & Ratios

Market Cap2.43B

Enterprise Value3.68B

Trailing P/E20.13

Forward P/E20.20

PEG Ratio0.00

Price / Sales7.93

Price / Book1.51

EPS1.10

Book Value14.76

Revenue (TTM)306.40M

Gross Profit (TTM)262.29M

EBITDA234.92M

Profit Margin38.70%

Operating Margin55.08%

Return on Equity7.65%

Return on Assets3.70%

Shares Outstanding109.76M

Shares Float108.38M

Beta0.81

Dividend Yield6.86%

Dividend Rate1.52

Payout Ratio56.84%

Analyst Ratings

Buy

Based on 9 analystsTarget 28.11

Strong Buy
3
Buy
1
Hold
5

Ownership Breakdown

Institutions: 106.02%
Insiders: 1.29%
Retail / Other: 0.00%

Top Institutional Holders

BlackRock Inc
19.98M18.21%
FMR Inc
8.68M7.91%
Vanguard Portfolio Management, LLC
6.65M6.06%
State Street Corp
6.09M5.55%
Vanguard Capital Management, LLC
4.91M4.47%
Victory Capital Management Inc.
3.81M3.47%
Capital Research & Mgmt Co - Division 3
3.40M3.10%
Two Sigma Investments LLC
2.91M2.65%
Geode Capital Management, LLC
2.89M2.63%
LaSalle Investment Management Securities LLC
2.83M2.58%
Westwood Holdings Group Inc
2.82M2.57%
Earnest Partners LLC
2.63M2.40%
Sumitomo Mitsui Trust Group Inc
2.54M2.32%
Nuveen, LLC
2.07M1.89%

Top Fund Holders

iShares Core S&P Small-Cap ETF
6.69M6.09%
Vanguard Real Estate Index Investor
4.13M3.76%
Vanguard MStar Total Stk Mkt Idx Invest
3.49M3.18%
American Funds SMALLCAP World A
3.31M3.01%
iShares Russell 2000 ETF
2.83M2.58%
Victory Sycamore Small Company Opp R
2.42M2.20%

Dividends

20268×

0.13Dec 31, 20260.13Nov 30, 20260.13Oct 30, 20260.12Sep 30, 20260.12Aug 31, 20260.12Jul 31, 20260.37Jun 30, 20260.37Mar 31, 2026

20254×

0.37Dec 31, 20250.35Sep 30, 20250.35Jun 30, 20250.35Mar 31, 2025

20244×

0.35Dec 31, 20240.34Sep 30, 20240.34Jun 28, 20240.34Mar 27, 2024

20234×

0.34Dec 28, 20230.34Sep 28, 20230.34Jun 29, 20230.34Mar 30, 2023

20224×

0.34Dec 29, 20220.33Sep 29, 20220.33Jun 29, 20220.33Mar 30, 2022