Four Corners Property Trust, Inc. (FCPT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
FCPT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FCPT Revenue Analysis (2014–2025)
As of February 28, 2026, Four Corners Property Trust, Inc. (FCPT) generated trailing twelve-month (TTM) revenue of $294.1 million, reflecting strong growth of +10.7% year-over-year. The most recent quarter (Q4 2025) recorded $75.7 million in revenue, up 2.0% sequentially.
Looking at the longer-term picture, FCPT's 5-year compound annual growth rate (CAGR) stands at +11.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $294.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows FCPT's business is primarily driven by Real Estate Operations (89%), Restaurant Operations (11%), and Other (0%). With over half of revenue concentrated in Real Estate Operations, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including O (+9.1% YoY), NNN (+6.6% YoY), and GTY (+8.2% YoY), FCPT has underperformed the peer group in terms of revenue growth. Compare FCPT vs O →
Peer Comparison
Compare FCPT's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FCPTCurrent | $294M | +10.7% | +11.5% | 55.7% | |
| O | $5.7B | +9.1% | +28.4% | 28.3% | |
| NNN | $926M | +6.6% | +7.0% | 63.6% | |
| GTY | $222M | +8.2% | +8.5% | 54.9% | |
| NTST | $195M | +20.3% | +42.0% | 25.7% | |
| PINE | $61M | +15.9% | +25.8% | 21.7% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $294.1M | +9.7% | $280.6M | 95.4% | $163.9M | 55.7% |
| 2024 | $268.1M | +7.0% | $227.5M | 84.9% | $149.2M | 55.6% |
| 2023 | $250.6M | +12.3% | $210.3M | 83.9% | $136.9M | 54.6% |
| 2022 | $223.2M | +11.9% | $187.4M | 84.0% | $125.9M | 56.4% |
| 2021 | $199.4M | +16.6% | $169.8M | 85.2% | $117.3M | 58.9% |
| 2020 | $170.9M | +6.7% | $151.4M | 88.5% | $106.9M | 62.5% |
| 2019 | $160.2M | +11.6% | $139.0M | 86.8% | $98.8M | 61.6% |
| 2018 | $143.6M | +7.8% | $124.6M | 86.8% | $87.1M | 60.6% |
| 2017 | $133.2M | +7.4% | $114.6M | 86.0% | $61.0M | 45.8% |
| 2016 | $124.0M | +270.7% | $106.2M | 85.6% | $59.8M | 48.2% |
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Start ComparisonFrequently Asked Questions
Is FCPT's revenue growth accelerating or slowing?
FCPT maintains +10.7% revenue growth, in line with its 5-year CAGR of +11.5%. TTM revenue stands at $294M. Growth rate remains consistent with historical average.
What is FCPT's long-term revenue growth rate?
Four Corners Property Trust, Inc.'s 5-year revenue CAGR of +11.5% reflects the sustained expansion pattern. Current YoY growth of +10.7% is near this long-term average.
How is FCPT's revenue distributed by segment?
FCPT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.