Loading…
Four Corners Property Trust, Inc.
Four Corners Property Trust, Inc. (FCPT) is listed on NYSE and classified in REIT - Retail, part of the Real Estate sector. It is headquartered in Mill Valley, United States and has 496 employees. The company is worth $2.42B and trades at 20.0x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $294.13M in fiscal 2025, up 9.7% from the year before. Net income was $112.36M. The share price is 17.9% below its 52-week high of $26.86. It pays a dividend yielding 6.89%. 3 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $71.5M. In that quarter, 1 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -18.6% over 5Y.
today you would have $995.53▼ -0.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 11 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $23.06 | $27.14 | $25.30 | $25.93 | $29.41 | $29.77 | $28.19 | $26.20 | $25.70 | $20.52 | $24.16 | |
| P/E | 23.6x | 21.2x | 25.4x | 23.6x | 21.6x | 26.5x | 27.6x | 26.6x | 20.5x | 21.8x | 7.8x | 26.5x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.2% a year plus a 6.9% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 23.6 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| IVTInvenTrust Properties Corp. | $30.14 | 158.6x | 1.3x | 3.32% | 0.85% | $2.35B |
| SHOSunstone Hotel Investors, Inc. | $12.60 | 60.0x | 1.4x | 2.86% | 2.75% | $2.34B |
| LTCLTC Properties Inc | $43.33 | 15.5x | 1.8x | 5.26% | 11.81% | $2.34B |
| PEBPebblebrook Hotel Trust | $20.67 |
| P/S | 11.8x | 8.6x | 10.1x | 9.3x | 10.0x | 11.9x | 13.3x | 12.3x | 12.5x | 11.8x | 9.9x | 43.2x |
| P/B | 2.6x | 1.6x | 1.9x | 1.8x | 2.0x | 2.5x | 2.7x | 2.7x | 2.6x | 3.0x | 2.6x | 3.3x |
| EPS | $1.09 | $1.07 | $1.07 | $1.20 | $1.11 | $1.08 | $1.06 | $1.28 | $1.18 | $2.63 | $0.91 |
| Dividend yield | 5.14% | 6.21% | 5.12% | 5.40% | 5.16% | 4.38% | 5.17% | 4.09% | 3.15% | 3.91% | 45.28% | — |
| Payout | 121.76% | 131.38% | 129.91% | 127.57% | 111.58% | 115.95% | 142.41% | 108.68% | 64.45% | 85.08% | 353.31% | — |
| Profit margin | 43.81% | 38.20% | 37.48% | 38.04% | 43.81% | 42.92% | 45.24% | 45.32% | 57.37% | 53.60% | 126.44% | 17.03% |
| ROE | 8.88% | 6.89% | 6.93% | 7.57% | 8.59% | 8.88% | 9.16% | 9.99% | 11.79% | 13.67% | 33.36% | 1.29% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 8.1% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
-16.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 1.0x |
| 0.19% |
| -1.63% |
| $2.33B |
| UEUrban Edge Properties | $19.55 | 36.2x | 1.9x | 4.30% | 5.09% | $2.69B |
| AKRAcadia Realty Trust | $18.78 | 55.2x | 1.1x | 4.26% | 5.71% | $2.74B |