13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 14.2% per year over the past 5 years.
Net income has grown slower than revenue (7.8% vs 14.2% per year).
Financial health
Total debt ($1.2B) exceeds cash ($12M); net debt is $1.2B.
Total debt has grown slower than revenue (4.0% vs 14.2% per year).
Shareholder returns
Dividends have been paid for 10 consecutive years, consuming 128.1% of earnings.
The dividend has grown 10.8% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$31M
$112M
0.0%
0.0%
6.9%
3.8%
—
$1.2B
$12M
2024
$31M
$100M
0.0%
0.0%
6.9%
3.8%
—
$1.1B
$4M
2023
$31M
$95M
0.0%
0.0%
7.6%
3.9%
—
$1.1B
$16M
2022
$30M
$98M
0.0%
0.0%
8.6%
4.4%
-$154M
—
$26M
2021
$27M
$86M
0.0%
0.0%
8.9%
4.5%
-$146M
—
$6M
2020
$16M
$77M
0.0%
0.0%
9.2%
4.6%
-$139M
—
$11M
2019
—
$73M
—
—
10.0%
5.0%
-$100M
—
$5M
2018
—
$82M
—
—
11.8%
6.1%
-$187M
—
$92M
2017
—
$71M
—
—
13.7%
6.7%
-$16M
—
$64M
2016
—
$157M
—
—
33.4%
16.7%
-$12M
—
$27M
2015
—
$6M
—
—
—
0.6%
$21M
—
$98M
2014
—
$32000
—
—
—
0.3%
$906000
—
$7000
2013
—
$29000
—
—
—
—
$888000
—
$7000
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$8M
$29M
0.0%
0.0%
1.8%
0.9%
—
$1.6B
$7M
Jun '26
$8M
$30M
0.0%
0.0%
1.8%
1.0%
—
$1.3B
$25M
Mar '26
$8M
$30M
0.0%
0.0%
1.8%
1.0%
—
$1.2B
$30M
Dec '25
$8M
$29M
0.0%
0.0%
1.8%
1.0%
—
$1.2B
$12M
Sep '25
$8M
$29M
0.0%
0.0%
1.9%
1.0%
—
$1.2B
$7M
Jun '25
$8M
$28M
0.0%
0.0%
1.9%
1.0%
—
$1.2B
$6M
Mar '25
$8M
$26M
0.0%
0.0%
1.8%
1.0%
—
$1.2B
$22M
Dec '24
$8M
$26M
0.0%
0.0%
1.8%
1.0%
—
$1.1B
$4M
Sep '24
$8M
$26M
0.0%
0.0%
1.9%
1.0%
—
$1.1B
$44M
Jun '24
$8M
$25M
0.0%
0.0%
2.0%
1.0%
—
$1.2B
$17M
Mar '24
$8M
$24M
0.0%
0.0%
1.9%
1.0%
—
$1.1B
$26M
Dec '23
$8M
$24M
0.0%
0.0%
1.9%
1.0%
—
$1.1B
$16M
Sep '23
$8M
$24M
0.0%
0.0%
1.9%
1.0%
—
$1.1B
$6M
Jun '23
$8M
$24M
0.0%
0.0%
1.9%
1.0%
—
$1.0B
$11M
Mar '23
$8M
$23M
0.0%
0.0%
2.0%
1.1%
—
$1.0B
$31M
Dec '22
$7M
$23M
0.0%
0.0%
2.0%
1.0%
—
—
$26M
Sep '22
$7M
$25M
0.0%
0.0%
2.3%
1.2%
—
—
$37M
Jun '22
$8M
$28M
0.0%
0.0%
2.8%
1.4%
—
—
$18M
Mar '22
$7M
$22M
0.0%
0.0%
2.3%
1.1%
—
—
$58M
Dec '21
—
$24M
—
—
2.5%
1.2%
—
—
$6M
Valuation over time
How the market has priced FCPT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 30.1× (Mar '23) to 22.6× (Nov '26).
The price-to-sales ratio has fallen from 99.6× (Mar '23) to 80.8× (Nov '26).
The dividend yield has risen from 3.6% (Mar '23) to 5.7% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FCPT growing its revenue and profit?
Over the past 5 years, Four Corners Property Trust, Inc.'s revenue has grown 14.2% per year, and net income grown 7.8% per year. These are computed facts, not advice.
How much debt does FCPT have?
As of FY2025, Four Corners Property Trust, Inc. reported $1.2B of total debt against $12M of cash.
What is FCPT's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 356.9%.
What is FCPT's P/E ratio?
Four Corners Property Trust, Inc.'s P/E (TTM) is 21.44 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FCPT stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 22.6× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.