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Four Corners Property Trust, Inc. FCPT

NYSE · reit · Real Estate Investment Trusts · website · IPO 2015-10-29 · LEI

Four Corners Property Trust, Inc. statistics & valuation

Market cap$2.8B
P / E24.8×
P / S9.5×
P / B1.7×
Dividend yield5.17%
Net margin38.2%
Return on equity6.9%
Net debt$1.2B
Enterprise value USD$4.0B
Graham number -23.6%$19.22

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($19.22); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
126.40% 53.60% 57.40% 45.30% 45.20% 42.90% 43.80% 38.00% 37.50% 38.20% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
33.40% 13.70% 11.80% 10.00% 9.20% 8.90% 8.60% 7.60% 6.90% 6.90% 2016201720182019202020212022202320242025
Shares outstanding
59.9M 61.3M 68.2M 70.0M 75.9M 80.3M 85.6M 91.6M 99.8M 108.2M 2016201720182019202020212022202320242025
Net debt ($)
$1.10B $1.13B $1.19B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
16.70% 6.70% 6.10% 5.00% 4.60% 4.50% 4.40% 3.90% 3.80% 3.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-9.90% -12.10% -130.50% -62.70% -81.40% -73.20% -69.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.88× 0.78× 0.74× 2016201720182019202020212022202320242025
EPS ($)
$2.63 $1.18 $1.28 $1.06 $1.08 $1.11 $1.20 $1.07 $1.07 $1.09 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Four Corners Property Trust, Inc. trades at about 23.1× earnings — near its 10-year norm (10-year range 8.3×–28.6×, median 24×).

8.3× 28.6×

Shaded band = 10-year range (8.3×–28.6×); dot = today's 23.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin38.2%37.5%38.0%43.8%42.9%45.2%45.3%57.4%53.6%126.4%
FCF margin———-69.1%-73.2%-81.4%-62.7%-130.5%-12.1%-9.9%
Return on assets3.8%3.8%3.9%4.4%4.5%4.6%5.0%6.1%6.7%16.7%
Return on equity6.9%6.9%7.6%8.6%8.9%9.2%10.0%11.8%13.7%33.4%
Debt / equity0.74×0.78×0.88×———————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.