# Four Corners Property Trust, Inc.: overview

FCPT · NYSE · CIK 1650132 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/fcpt.md) · [Financials](/companies/fcpt/financials.md) · [Filings](/companies/fcpt/filings.md) · [Insiders](/companies/fcpt/insiders.md)

Latest reported revenue: [$8.0m](/filings/0001193125-26-437877.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-437877).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [7,602 d](/filings/0001193125-26-048898.md) | [7,994](/filings/0001193125-26-197581.md) | [8,028](/filings/0001193125-26-326216.md) | [7,641](/filings/0001193125-26-437877.md) | [7,821 d](/filings/0001193125-26-048898.md) | [8,353](/filings/0001193125-26-197581.md) | [8,383](/filings/0001193125-26-326216.md) | [8,006](/filings/0001193125-26-437877.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [344.3% d](/filings/0001193125-26-048898.md) | [327.2%](/filings/0001193125-26-197581.md) | [347.8%](/filings/0001193125-26-326216.md) | [377.5%](/filings/0001193125-26-437877.md) | [376.4% d](/filings/0001193125-26-048898.md) | [363.2%](/filings/0001193125-26-197581.md) | [357.4%](/filings/0001193125-26-326216.md) | [360.3%](/filings/0001193125-26-437877.md) |
| Diluted EPS | $ per share | not reported | [0.26](/filings/0001193125-26-197581.md) | [0.28](/filings/0001193125-26-326216.md) | [0.28](/filings/0001193125-26-437877.md) | not reported | [0.28](/filings/0001193125-26-197581.md) | [0.27](/filings/0001193125-26-326216.md) | [0.26](/filings/0001193125-26-437877.md) |
| Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [26.6](/filings/0001650132-24-000045.md) | [29.6](/filings/0000950170-25-020029.md) | [30.7](/filings/0001193125-26-048898.md) | [30.9](/filings/0001193125-26-048898.md) | [31.5](/filings/0001193125-26-048898.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [322.1%](/filings/0001650132-24-000045.md) | [330.5%](/filings/0000950170-25-020029.md) | [310.3%](/filings/0001193125-26-048898.md) | [324.7%](/filings/0001193125-26-048898.md) | [356.9%](/filings/0001193125-26-048898.md) |
| Diluted EPS | $ per share | [1.11](/filings/0001650132-24-000045.md) | [1.20](/filings/0000950170-25-020029.md) | [1.07](/filings/0001193125-26-048898.md) | [1.07](/filings/0001193125-26-048898.md) | [1.09](/filings/0001193125-26-048898.md) |
| Free cash flow | $m | [(146)](/filings/0001650132-24-000045.md) | [(154)](/filings/0000950170-25-020029.md) | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fcpt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $490.4m | 19,975,819 |  | Reduced −9,154 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $174.5m | 7,108,538 |  | Reduced −1,573,640 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $174.3m | 7,100,385 |  | Added +448,850 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $156.6m | 6,284,795 |  | Added +195,120 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $120.8m | 4,919,393 |  | Added +13,796 |
| [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $93.6m | 3,811,101 |  | Reduced −115,866 |
| [Capital International Investors](/funds/1562230.md) | 2026-06-30 | $83.5m | 3,400,126 |  | Added +93,439 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $76.9m | 3,133,748 |  | Added +242,817 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $71.5m | 2,912,537 |  | Reduced −362,434 |
| [LASALLE INVESTMENT MANAGEMENT SECURITIES LLC](/funds/1085601.md) | 2026-06-30 | $69.6m | 2,834,942 |  | Added +269,208 |

## Recent filings

[All 1,009 filings](/companies/fcpt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 16:32 ET | [10-Q](/filings/0001193125-26-437877.md) | Quarterly report, period 2026-09-30 | 0001193125-26-437877 |
| 2026-10-28 | 17:00 ET | [8-K](/filings/0001193125-26-436301.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-436301 |
| 2026-10-14 | 17:15 ET | [8-K](/filings/0001193125-26-421810.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-421810 |
| 2026-07-30 | 16:29 ET | [10-Q](/filings/0001193125-26-326216.md) | Quarterly report, period 2026-06-30 | 0001193125-26-326216 |
| 2026-07-29 | 16:52 ET | [8-K](/filings/0001193125-26-324153.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-324153 |
| 2026-07-28 | 16:32 ET | [8-K](/filings/0001193125-26-321084.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-321084 |
| 2026-07-16 | 16:51 ET | [8-K](/filings/0001193125-26-306204.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-306204 |
| 2026-06-08 | 16:30 ET | [8-K](/filings/0001193125-26-261839.md) | 5.07 Shareholder vote results | 0001193125-26-261839 |
| 2026-06-01 | 09:20 ET | [8-K](/filings/0001193125-26-250037.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-250037 |
| 2026-04-30 | 16:39 ET | [10-Q](/filings/0001193125-26-197581.md) | Quarterly report, period 2026-03-31 | 0001193125-26-197581 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-048898.md), filed Feb 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, has been scored from the reported figures. [See the target](/leagues/2026q3/targets/104c9aba-e9b8-4e65-bd67-7b252ac651b1)

## About the filer

- CIK: 1650132
- Tickers: FCPT
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 18:46 ET. No prices; not investment advice.