Four Corners Property Trust Inc
FCPT is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.
Four Corners Property Trust Inc (FCPT) - Net Assets
Latest net assets as of December 2025: $1.63 Billion USD
Based on the latest financial reports, Four Corners Property Trust Inc (FCPT) has net assets worth $1.63 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.92 Billion) and total liabilities ($1.29 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.63 Billion |
| % of Total Assets | 55.8% |
| Annual Growth Rate | 53.04% |
| 5-Year Change | 69.09% |
| 10-Year Change | 246.69% |
| Growth Volatility | 1325.61 |
Four Corners Property Trust Inc - Net Assets Trend (2013–2025)
This chart illustrates how Four Corners Property Trust Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Four Corners Property Trust Inc (2013–2025)
The table below shows the annual net assets of Four Corners Property Trust Inc from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.63 Billion | +12.34% |
| 2024-12-31 | $1.45 Billion | +15.15% |
| 2023-12-31 | $1.26 Billion | +10.68% |
| 2022-12-31 | $1.14 Billion | +18.10% |
| 2021-12-31 | $963.89 Million | +14.14% |
| 2020-12-31 | $844.50 Million | +16.20% |
| 2019-12-31 | $726.74 Million | +3.97% |
| 2018-12-31 | $698.96 Million | +33.83% |
| 2017-12-31 | $522.27 Million | +11.09% |
| 2016-12-31 | $470.12 Million | +6.45% |
| 2015-12-31 | $441.64 Million | +4808.22% |
| 2014-12-31 | $9.00 Million | -8.85% |
| 2013-12-31 | $9.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Four Corners Property Trust Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9355500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.00K | 0.00% |
| Other Comprehensive Income | $7.67 Million | 0.47% |
| Other Components | $1.71 Billion | 105.28% |
| Total Equity | $1.63 Billion | 100.00% |
Four Corners Property Trust Inc Competitors by Market Cap
The table below lists competitors of Four Corners Property Trust Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INDUSTRIAS CH-B (AKQ.SG)
STU:AKQ
|
$2.77 Billion |
|
Old Mutual Limited
PINK:ODMUF
|
$2.77 Billion |
|
NRGIY
PINK:NRGIY
|
$2.77 Billion |
|
D’Ieteren NV
LSE:0ON7
|
$2.78 Billion |
|
Sandfire Resources Limited
PINK:SNDFY
|
$2.77 Billion |
|
La Française des Jeux Société anonyme
VI:FDJ
|
$2.77 Billion |
|
Marui Group Co. Ltd
F:MUI
|
$2.77 Billion |
|
Immunitybio Inc
NASDAQ:IBRX
|
$2.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Four Corners Property Trust Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,448,612,000 to 1,627,727,000, a change of 179,115,000 (12.4%).
- Net income of 112,364,000 contributed positively to equity growth.
- Dividend payments of 143,981,000 reduced retained earnings.
- New share issuances of 225,234,000 increased equity.
- Other comprehensive income decreased equity by 15,968,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $112.36 Million | +6.9% |
| Dividends Paid | $143.98 Million | -8.85% |
| Share Issuances | $225.23 Million | +13.84% |
| Other Comprehensive Income | $-15.97 Million | -0.98% |
| Other Changes | $1.47 Million | +0.09% |
| Total Change | $- | 12.36% |
Book Value vs Market Value Analysis
This analysis compares Four Corners Property Trust Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 110.50x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.23 | $25.70 | x |
| 2014-12-31 | $0.21 | $25.70 | x |
| 2015-12-31 | $70.51 | $25.70 | x |
| 2016-12-31 | $7.81 | $25.70 | x |
| 2017-12-31 | $8.48 | $25.70 | x |
| 2018-12-31 | $10.73 | $25.70 | x |
| 2019-12-31 | $10.51 | $25.70 | x |
| 2020-12-31 | $11.75 | $25.70 | x |
| 2021-12-31 | $12.52 | $25.70 | x |
| 2022-12-31 | $13.89 | $25.70 | x |
| 2023-12-31 | $14.17 | $25.70 | x |
| 2024-12-31 | $15.40 | $25.70 | x |
| 2025-12-31 | $15.81 | $25.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Four Corners Property Trust Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.20%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.79x
- Recent ROE (6.90%) is below the historical average (9.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.29% | 0.17% | 1.32x | 1.30x | $-958.20K |
| 2014 | 0.36% | 0.18% | 1.48x | 1.33x | $-867.80K |
| 2015 | 1.29% | 17.03% | 0.04x | 2.10x | $-38.47 Million |
| 2016 | 33.72% | 126.44% | 0.13x | 2.02x | $110.31 Million |
| 2017 | 13.88% | 53.60% | 0.12x | 2.08x | $19.95 Million |
| 2018 | 11.92% | 57.37% | 0.11x | 1.94x | $13.29 Million |
| 2019 | 10.07% | 45.32% | 0.11x | 2.01x | $511.00K |
| 2020 | 9.19% | 45.24% | 0.10x | 1.98x | $-6.81 Million |
| 2021 | 8.90% | 42.92% | 0.10x | 1.98x | $-10.59 Million |
| 2022 | 8.61% | 43.81% | 0.10x | 1.94x | $-15.83 Million |
| 2023 | 7.58% | 38.04% | 0.10x | 1.95x | $-30.43 Million |
| 2024 | 6.94% | 37.48% | 0.10x | 1.83x | $-44.39 Million |
| 2025 | 6.90% | 38.20% | 0.10x | 1.79x | $-50.41 Million |
Industry Comparison
This section compares Four Corners Property Trust Inc's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $22,048,860,627
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Four Corners Property Trust Inc (FCPT) | $1.63 Billion | 0.29% | 0.79x | $2.77 Billion |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |