Comprehensive Stock Comparison
Compare Four Corners Property Trust, Inc. (FCPT) vs Alpine Income Property Trust, Inc. (PINE) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
Selected Stocks
Add up to 10 tickers. Use presets or search to get started.
Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | PINE | 15.9% revenue growth vs FCPT's 9.7% |
| Value | FCPT | Lower P/E (21.7x vs 49.8x) |
| Quality / Margins | FCPT | 38.2% net margin vs PINE's -5.3% |
| Stability / Safety | FCPT | Beta 0.22 vs PINE's 0.25 |
| Dividends | PINE | 0.2% yield; FCPT pays no meaningful dividend |
| Momentum (1Y) | PINE | +25.8% vs FCPT's -6.3% |
| Efficiency (ROA) | FCPT | 3.8% ROA vs PINE's -0.4%, ROIC 4.5% vs 2.2% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Defensive / Recession hedge
Business Model
What each company does and how it makes money
Four Corners Property Trust is a real estate investment trust that acquires and leases single-tenant restaurant properties to established operators. It generates revenue primarily through long-term net leases — with over 90% of its portfolio in restaurant properties — collecting predictable rental income from tenants who cover most property expenses. The company's competitive advantage lies in its specialized focus on restaurant real estate and its portfolio of properties leased to creditworthy national brands with strong unit economics.
Alpine Income Property Trust is a real estate investment trust that acquires and operates single-tenant commercial properties leased to creditworthy tenants under long-term net lease agreements. It generates revenue primarily through rental income from its portfolio of retail and commercial properties — with over 90% of its properties occupied by national or regional tenants. The company's moat lies in its focus on essential-service retail properties with long-term leases to recession-resistant tenants, providing stable cash flows.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
FCPT leads in 3 of 6 categories (Financial Metrics, Profitability & Efficiency). PINE leads in 2 (Valuation Metrics, Total Returns). 1 tied.
Financial Metrics (TTM)
FCPT is the larger business by revenue, generating $294M annually — 4.9x PINE's $61M. FCPT is the more profitable business, keeping 38.2% of every revenue dollar as net income compared to PINE's -5.3%. On growth, PINE holds the edge at +22.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | FCPTFour Corners Prop… | PINEAlpine Income Pro… |
|---|---|---|
| RevenueTrailing 12 months | $294M | $61M |
| EBITDAEarnings before interest/tax | $224M | $41M |
| Net IncomeAfter-tax profit | $112M | -$3M |
| Free Cash FlowCash after capex | $144M | -$4M |
| Gross MarginGross profit ÷ Revenue | +95.4% | +85.1% |
| Operating MarginEBIT ÷ Revenue | +55.7% | +21.7% |
| Net MarginNet income ÷ Revenue | +38.2% | -5.3% |
| FCF MarginFCF ÷ Revenue | +49.0% | -6.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +10.7% | +22.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +3.7% | +190.4% |
Valuation Metrics
On an enterprise value basis, PINE's 7.1x EV/EBITDA is more attractive than FCPT's 17.6x.
| Metric | FCPTFour Corners Prop… | PINEAlpine Income Pro… |
|---|---|---|
| Market CapShares × price | $2.8B | $292M |
| Enterprise ValueMkt cap + debt − cash | $4.0B | $287M |
| Trailing P/EPrice ÷ TTM EPS | 23.41x | -89.64x |
| Forward P/EPrice ÷ next-FY EPS est. | 21.74x | 49.80x |
| PEG RatioP/E ÷ EPS growth rate | 117.82x | — |
| EV / EBITDAEnterprise value multiple | 17.62x | 7.08x |
| Price / SalesMarket cap ÷ Revenue | 9.39x | 4.82x |
| Price / BookPrice ÷ Book value/share | 1.61x | 0.95x |
| Price / FCFMarket cap ÷ FCF | 14.36x | 11.32x |
Profitability & Efficiency
FCPT delivers a 6.9% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-1 for PINE. On the Piotroski fundamental quality scale (0–9), FCPT scores 6/9 vs PINE's 3/9, reflecting solid financial health.
| Metric | FCPTFour Corners Prop… | PINEAlpine Income Pro… |
|---|---|---|
| ROE (TTM)Return on equity | +6.9% | -1.0% |
| ROA (TTM)Return on assets | +3.8% | -0.4% |
| ROICReturn on invested capital | +4.5% | +2.2% |
| ROCEReturn on capital employed | +5.9% | +2.0% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 |
| Debt / EquityFinancial leverage | 0.74x | — |
| Net DebtTotal debt minus cash | $1.2B | -$5M |
| Cash & Equiv.Liquid assets | $12M | $5M |
| Total DebtShort + long-term debt | $1.2B | $0 |
| Interest CoverageEBIT ÷ Interest expense | 3.16x | — |
Total Returns (with DRIP)
A $10,000 investment in PINE five years ago would be worth $13,697 today (with dividends reinvested), compared to $11,868 for FCPT. Over the past 12 months, PINE leads with a +25.8% total return vs FCPT's -6.3%. The 3-year compound annual growth rate (CAGR) favors PINE at 8.2% vs FCPT's 3.0% — a key indicator of consistent wealth creation.
| Metric | FCPTFour Corners Prop… | PINEAlpine Income Pro… |
|---|---|---|
| YTD ReturnYear-to-date | +9.8% | +17.5% |
| 1-Year ReturnPast 12 months | -6.3% | +25.8% |
| 3-Year ReturnCumulative with dividends | +9.4% | +26.5% |
| 5-Year ReturnCumulative with dividends | +18.7% | +37.0% |
| 10-Year ReturnCumulative with dividends | +130.4% | +37.1% |
| CAGR (3Y)Annualised 3-year return | +3.0% | +8.2% |
Risk & Volatility
FCPT is the less volatile stock with a 0.22 beta — it tends to amplify market swings less than PINE's 0.25 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PINE currently trades 94.8% from its 52-week high vs FCPT's 85.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | FCPTFour Corners Prop… | PINEAlpine Income Pro… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.22x | 0.25x |
| 52-Week HighHighest price in past year | $29.81 | $20.80 |
| 52-Week LowLowest price in past year | $22.78 | $13.10 |
| % of 52W HighCurrent price vs 52-week peak | +85.6% | +94.8% |
| RSI (14)Momentum oscillator 0–100 | 64.8 | 61.5 |
| Avg Volume (50D)Average daily shares traded | 791K | 136K |
Analyst Outlook
Wall Street rates FCPT as "Hold" and PINE as "Buy". Consensus price targets imply 5.8% upside for FCPT (target: $27) vs 4.0% for PINE (target: $21). PINE is the only dividend payer here at 0.18% yield — a key consideration for income-focused portfolios.
| Metric | FCPTFour Corners Prop… | PINEAlpine Income Pro… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $27.00 | $20.50 |
| # AnalystsCovering analysts | 14 | 12 |
| Dividend YieldAnnual dividend ÷ price | — | +0.2% |
| Dividend StreakConsecutive years of raises | 7 | 0 |
| Dividend / ShareAnnual DPS | — | $0.04 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +3.0% |
Historical Charts
Charts are rendered on first load. Hover for details.
Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Mar 20 | Feb 26 | Change |
|---|---|---|---|
| Four Corners Proper… (FCPT) | 100 | 82.97 | -17.0% |
| Alpine Income Prope… (PINE) | 100 | 97.68 | -2.3% |
Alpine Income Prope… (PINE) returned +37% over 5 years vs Four Corners Proper… (FCPT)'s +19%. A $10,000 investment in PINE 5 years ago would be worth $13,697 today (including dividends reinvested).
Chart 2Revenue Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| Four Corners Proper… (FCPT) | $124M | $294M | +137.2% |
| Alpine Income Prope… (PINE) | $8M | $61M | +616.0% |
Four Corners Property Trust, Inc.'s revenue grew from $124M (2016) to $294M (2025) — a 10.1% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| Four Corners Proper… (FCPT) | 126.4% | 38.2% | -69.8% |
| Alpine Income Prope… (PINE) | 33.3% | -5.3% | -115.9% |
Four Corners Property Trust, Inc.'s net margin went from 126% (2016) to 38% (2025).
Chart 4P/E Ratio History — 9 Years
| Stock | 2017 | 2025 | Change |
|---|---|---|---|
| Four Corners Proper… (FCPT) | 21.8 | 21.2 | -2.8% |
| Alpine Income Prope… (PINE) | 42.3 | 119.9 | +183.5% |
Four Corners Property Trust, Inc. has traded in a 21x–28x P/E range over 9 years; current trailing P/E is ~23x. Alpine Income Property Trust, Inc. has traded in a 9x–136x P/E range over 6 years; current trailing P/E is ~-90x.
Chart 5EPS Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| Four Corners Proper… (FCPT) | 2.63 | 1.09 | -58.6% |
| Alpine Income Prope… (PINE) | 0.31 | -0.22 | -171.0% |
Four Corners Property Trust, Inc.'s EPS grew from $2.63 (2016) to $1.09 (2025) — a -9% CAGR.
Chart 6Free Cash Flow — 5 Years
Four Corners Property Trust, Inc. generated $192M FCF in 2025 (+57% vs 2021). Alpine Income Property Trust, Inc. generated $26M FCF in 2025 (+50% vs 2021).
FCPT vs PINE: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is FCPT or PINE a better buy right now?
Four Corners Property Trust, Inc. (FCPT) offers the better valuation at 23.4x trailing P/E (21.7x forward), making it the more compelling value choice. Analysts rate Alpine Income Property Trust, Inc. (PINE) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FCPT or PINE?
On forward P/E, Four Corners Property Trust, Inc. is actually cheaper at 21.7x.
03Which is the better long-term investment — FCPT or PINE?
Over the past 5 years, Alpine Income Property Trust, Inc. (PINE) delivered a total return of +37.0%, compared to +18.7% for Four Corners Property Trust, Inc. (FCPT). A $10,000 investment in PINE five years ago would be worth approximately $14K today (assuming dividends reinvested). Over 10 years, the gap is even starker: FCPT returned +130.4% versus PINE's +37.1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FCPT or PINE?
By beta (market sensitivity over 5 years), Four Corners Property Trust, Inc. (FCPT) is the lower-risk stock at 0.22β versus Alpine Income Property Trust, Inc.'s 0.25β — meaning PINE is approximately 15% more volatile than FCPT relative to the S&P 500.
05Which has better profit margins — FCPT or PINE?
Four Corners Property Trust, Inc. (FCPT) is the more profitable company, earning 38.2% net margin versus -5.3% for Alpine Income Property Trust, Inc. — meaning it keeps 38.2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FCPT leads at 55.7% versus 21.7% for PINE. At the gross margin level — before operating expenses — FCPT leads at 95.4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is FCPT or PINE more undervalued right now?
On forward earnings alone, Four Corners Property Trust, Inc. (FCPT) trades at 21.7x forward P/E versus 49.8x for Alpine Income Property Trust, Inc. — 28.1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for FCPT: 5.8% to $27.00.
07Which pays a better dividend — FCPT or PINE?
In this comparison, PINE (0.2% yield) pays a dividend. FCPT does not pay a meaningful dividend and should not be held primarily for income.
08Is FCPT or PINE better for a retirement portfolio?
For long-horizon retirement investors, Four Corners Property Trust, Inc. (FCPT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.22), +130.4% 10Y return). Both have compounded well over 10 years (FCPT: +130.4%, PINE: +37.1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between FCPT and PINE?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that beat both.