Four Corners Property Trust, Inc. - Understand $fcpt stock

$FCPT Market Cap: $2.821 Billion

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Financial Snapshot

Revenue

$264.9M

TTM

Gross Margin

Net Earnings

$98.73M

TTM

Current Assets

$44.50M

Q3 2024

Current Liabilities

$46.41M

Q3 2024

Current Ratio

95.88%

Q3 2024

Total Assets

$2.564B

Q3 2024

Total Liabilities

$1.210B

Q3 2024

Book Value

$1.355B

Q3 2024

Cash

$44.50M

Q3 2024

P/E

28.57

Nov 29, 2024 EST

Free Cash Flow

-$2.123M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$250.6M	$223.2M	$199.4M	$170.9M	$160.2M	$143.6M	$133.2M	$124.0M	$33.46M	$17.70M	$16.91M
YoY Change	12.28%	11.95%	16.63%	6.68%	11.56%	7.83%	7.41%	270.69%	89.07%	4.66%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$250.6M	$223.2M	$199.4M	$170.9M	$160.2M	$143.6M	$133.2M	$124.0M	$33.46M	$17.70M	$16.91M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$62.94M	$55.85M	$47.25M	$34.60M	$35.10M	$32.70M	$30.90M	$28.80M	$18.90M	$16.90M	$16.10M
YoY Change	12.68%	18.2%	36.57%	-1.42%	7.34%	5.83%	7.29%	52.38%	11.83%	4.97%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$50.73M	$41.47M	$34.83M	$29.43M	$26.31M	$23.88M	$21.81M	$20.58M	$3.758M	$863.0K	$875.0K
YoY Change	22.33%	19.08%	18.32%	11.86%	10.17%	9.5%	6.0%	447.55%	335.46%	-1.37%
% of Gross Profit
Operating Expenses	$113.7M	$97.33M	$82.08M	$64.07M	$61.46M	$56.54M	$52.72M	$64.24M	$24.81M	$17.81M	$17.00M
YoY Change	16.79%	18.57%	28.11%	4.25%	8.7%	7.24%	-17.92%	158.88%	39.36%	4.72%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	$44.61M	$36.41M	$32.56M	$29.23M	$26.52M	$19.96M	$19.47M	$14.83M	$2.203M	$0.00	$0.00
YoY Change	22.53%	11.83%	11.37%	10.24%	32.85%	2.52%	31.3%	573.08%
% of Operating Profit
Other Income/Expense, Net	$919.0K	$542.0K	$36.00K	$200.0K	$900.0K	$800.0K	$300.0K	$100.0K
YoY Change	69.56%	1405.56%	-82.0%	-77.78%	12.5%	166.67%	200.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	$95.59M	$98.15M	$85.21M	$77.80M	$73.20M	$83.19M	$71.87M	$76.50M	$8.643M	-$110.0K	-$95.00K
YoY Change	-2.6%	15.18%	9.53%	6.28%	-12.01%	15.75%	-6.05%	785.14%	-7957.27%	15.79%
Income Tax	$130.0K	$237.0K	-$534.0K	$247.0K	$265.0K	$262.0K	-$18.00K	-$80.35M	$2.944M	-$142.0K	-$124.0K
% Of Pretax Income	0.14%	0.24%	-0.63%	0.32%	0.36%	0.31%	-0.03%	-105.02%	34.06%
Net Earnings	$95.34M	$97.77M	$85.58M	$77.33M	$72.62M	$82.40M	$71.39M	$156.8M	$5.699M	$32.00K	$29.00K
YoY Change	-2.49%	14.24%	10.67%	6.49%	-11.87%	15.41%	-54.47%	2651.52%	17709.38%	10.34%
Net Earnings / Revenue	38.04%	43.81%	42.92%	45.24%	45.32%	57.37%	53.6%	126.44%	17.03%	0.18%	0.17%
Basic Earnings Per Share	$1.08	$1.20	$1.12	$1.08	$1.06	$1.29	$1.18	$2.75	$0.92
Diluted Earnings Per Share	$1.07	$1.20	$1.11	$1.08	$1.06	$1.28	$1.18	$2.63	$0.91	$0.00	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$16.32M	$26.30M	$6.300M	$11.10M	$5.100M	$92.00M	$64.50M	$26.60M	$98.10M	$0.00
YoY Change	-37.93%	317.4%	-43.24%	117.65%	-94.46%	42.64%	142.48%	-72.88%
Cash & Equivalents	$16.32M	$26.30M	$6.300M	$11.10M	$5.100M	$92.00M	$64.50M	$26.60M	$98.10M	$0.00
Short-Term Investments
Other Short-Term Assets	$1.176M	$1.300M	$1.375M	$1.100M	$800.0K	$800.0K	$600.0K	$600.0K
YoY Change	-9.54%	-5.45%	25.0%	37.5%	0.0%	33.33%	0.0%
Inventory	$238.0K	$274.0K	$252.0K	$200.0K	$200.0K	$200.0K	$200.0K	$200.0K
Prepaid Expenses
Receivables	$2.985M	$2.661M	$1.312M	$1.000M	$400.0K	$800.0K	$400.0K	$200.0K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$16.32M	$30.53M	$9.239M	$13.40M	$6.500M	$93.80M	$65.70M	$27.60M	$98.10M
YoY Change	-46.54%	230.46%	-31.05%	106.15%	-93.07%	42.77%	138.04%	-71.87%
Property, Plant & Equipment	$2.210B	$1.953B	$1.727B	$1.503B	$1.336B	$1.191B	$966.1M	$894.3M	$828.7M	$11.70M
YoY Change	13.16%	13.12%	14.9%	12.5%	12.19%	23.25%	8.03%	7.92%	6982.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$66.00M	$71.62M	$59.31M	$53.90M	$43.60M	$33.10M	$27.40M	$12.30M	$1.500M
YoY Change	-7.84%	20.75%	10.04%	23.62%	31.72%	20.8%	122.76%	720.0%
Total Long-Term Assets	$2.435B	$2.168B	$1.894B	$1.655B	$1.440B	$1.249B	$1.003B	$909.6M	$831.3M
YoY Change	12.33%	14.49%	14.44%	14.95%	15.23%	24.56%	10.27%	9.42%
Total Assets	$2.452B	$2.199B	$1.903B	$1.668B	$1.446B	$1.343B	$1.069B	$937.2M	$929.4M	$11.90M
YoY Change
Accounts Payable	$1.263M	$766.0K	$550.0K	$400.0K	$800.0K	$1.000M	$1.100M	$700.0K
YoY Change	64.88%	39.27%	37.5%	-50.0%	-20.0%	-9.09%	57.14%
Accrued Expenses	$17.87M	$13.48M	$10.52M	$9.900M	$8.300M	$3.800M	$3.300M	$3.200M
YoY Change	32.54%	28.19%	6.22%	19.28%	118.42%	15.15%	3.13%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$45.85M	$60.97M	$49.03M	$46.30M	$40.90M	$26.00M	$29.50M	$26.40M	$7.900M
YoY Change	-24.81%	24.35%	5.9%	13.2%	57.31%	-11.86%	11.74%	234.18%
Long-Term Debt	$1.113B	$995.5M	$877.6M	$753.9M	$669.9M	$615.9M	$515.5M	$438.9M	$392.3M	$0.00
YoY Change	11.77%	13.43%	16.41%	12.54%	8.77%	19.48%	17.45%	11.88%
Other Long-Term Liabilities	$33.23M	$3.827M	$12.47M	$23.60M	$8.500M	$2.300M	$1.300M	$1.500M	$6.700M	$1.900M
YoY Change	768.41%	-69.3%	-47.18%	177.65%	269.57%	76.92%	-13.33%	-77.61%	252.63%
Total Long-Term Liabilities	$1.146B	$999.3M	$890.1M	$777.5M	$678.4M	$618.2M	$516.8M	$440.4M	$399.0M	$1.900M
YoY Change	14.67%	12.27%	14.48%	14.61%	9.74%	19.62%	17.35%	10.38%	20900.0%
Total Liabilities	$1.194B	$1.063B	$941.3M	$826.7M	$725.0M	$652.0M	$554.2M	$472.1M	$487.8M	$3.000M
YoY Change	12.37%	12.88%	13.86%	14.03%	11.2%	17.65%	17.39%	-3.22%	16160.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding	88.53M shares	81.59M shares	76.67M shares	71.31M shares	68.43M shares	64.04M shares	60.63M shares	56.98M shares	6.206M shares
Diluted Shares Outstanding	88.75M shares	81.81M shares	76.84M shares	71.61M shares	68.63M shares	64.39M shares	60.70M shares	59.57M shares	6.264M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.8208 Billion

About Four Corners Property Trust, Inc.

Four Corners Property Trust, Inc. engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. The company is headquartered in Mill Valley, California and currently employs 516 full-time employees. The company went IPO on 2015-10-29. The firm's segments are real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties. Its restaurant operations segment is conducted through a taxable REIT subsidiary and consists of its Kerrow Restaurant Operating Business. The Kerrow Restaurant Operating Business consists of seven LongHorn Steakhouse restaurants located in the San Antonio, Texas area. Its portfolio consists of approximately 1,153 free-standing properties located in 57 states and representing an aggregate leasable area of 7.7 million square feet. Its lease portfolio consists of 1,176 leases to 154 brands.

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