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Four Corners Property Trust Inc

Real Estate US FCPT

28.53USD
-0.08(0.28%)

Last update at 2024-10-07T18:52:00Z

Day Range

28.3928.64
LowHigh

52 Week Range

20.5128.10
LowHigh

Fundamentals

  • Previous Close 28.61
  • Market Cap2266.09M
  • Volume107449
  • P/E Ratio23.14
  • Dividend Yield5.54%
  • EBITDA183.30M
  • Revenue TTM242.83M
  • Revenue Per Share TTM2.79
  • Gross Profit TTM 187.38M
  • Diluted EPS TTM1.08

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 98.14M 85.21M 77.81M 73.20M 83.19M
Minority interest -0.13600M 0.16M 0.23M 5.69M 7.87M
Net income 97.77M 85.58M 77.33M 72.62M 82.40M
Selling general administrative 20.04M 17.65M 15.05M 13.93M 13.64M
Selling and marketing expenses - - - - -
Gross profit 187.38M 169.78M 151.35M 139.02M 124.62M
Reconciled depreciation 41.47M 34.83M 29.43M 26.31M 22.35M
Ebit 126.41M 117.33M 107.05M 99.72M 89.41M
Ebitda 167.88M 152.16M 136.48M 126.03M 111.76M
Depreciation and amortization 41.47M 34.83M 29.43M 26.31M 22.35M
Non operating income net other 8.68M 0.47M - - 15.27M
Operating income 126.41M 117.33M 107.05M 99.72M 87.10M
Other operating expenses 97.33M 82.08M 64.07M 61.46M 56.54M
Interest expense 36.41M 32.55M 29.23M 26.52M 19.96M
Tax provision 0.24M -0.53400M 0.25M 0.27M 0.26M
Interest income - - - 26.52M -
Net interest income -36.40500M -32.55500M -29.23100M -26.51600M -19.95900M
Extraordinary items - - - - -
Non recurring - - - - 19.96M
Other items - - - - -
Income tax expense 0.24M -0.53400M 0.25M 0.27M 0.26M
Total revenue 223.19M 199.38M 170.94M 160.23M 143.63M
Total operating expenses 61.51M 52.48M 44.48M 40.25M 37.52M
Cost of revenue 35.81M 29.60M 19.59M 21.21M 19.01M
Total other income expense net -28.26600M -32.12400M -29.23100M -26.51600M 16.05M
Discontinued operations - - - - -
Net income from continuing ops 97.91M 85.75M -93.37700M 72.94M 82.93M
Net income applicable to common shares 97.77M 85.58M 77.33M 72.62M 82.40M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2198.59M 1902.98M 1668.18M 1446.07M 1343.10M
Intangible assets 106.21M 104.25M 96.29M 57.92M 19.00M
Earning assets - - - - -
Other current assets 3.38M 4.42M 4.29M 5.06M 3.82M
Total liab 1060.28M 939.09M 823.68M 719.33M 644.13M
Total stockholder equity 1136.05M 961.67M 841.44M 721.05M 691.10M
Deferred long term liab - - - - -
Other current liab 34.70M 29.01M 25.88M 23.29M 21.65M
Common stock 0.00900M 0.00800M 0.00800M 0.00700M 0.00700M
Capital stock 0.00900M 0.00800M 0.00800M 0.00700M 0.00700M
Retained earnings 0.58M 12.75M 26.67M 38.40M 46.02M
Other liab 21.48M 27.32M 27.02M 13.98M 3.89M
Good will - - - - -
Other assets 1921.72M 12.47M 1486.46M 0.71M 0.46M
Cash 26.30M 6.30M 11.06M 5.08M 92.04M
Cash and equivalents - - - - -
Total current liabilities 47.18M 40.87M 38.18M 34.55M 24.25M
Current deferred revenue 11.71M 11.31M 11.93M 10.46M 1.61M
Net debt 974.32M 876.91M 748.87M 669.26M 523.85M
Short term debt 11.71M 11.31M 11.93M 5.00M 1.61M
Short long term debt - - - 5.00M -
Short long term debt total 1000.62M 883.21M 759.94M 674.34M 615.89M
Other stockholder equity 1104.52M 958.74M 840.46M 686.18M 639.12M
Property plant equipment 1949.00M 1721.97M 1497.52M 1351.98M 1190.70M
Total current assets 40.13M 12.29M 19.34M 10.72M 96.82M
Long term investments 42.80M 2.59M 3.52M 1.45M 5.98M
Net tangible assets 1029.85M 857.42M 745.15M 679.20M 672.10M
Short term investments - 2404.41M - - -
Net receivables 2.66M 1.31M 1.03M 0.38M 0.78M
Long term debt 995.48M 885.11M 772.60M 669.94M 615.89M
Inventory 7.80M 0.25M 2.95M 0.20M 0.18M
Accounts payable 0.77M 0.55M 0.38M 0.80M 0.99M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 2.26M 2.22M 3.06M 5.69M -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 30.94M -9.82400M -25.69500M -3.53900M 5.96M
Additional paid in capital - - - - -
Common stock total equity 0.00900M 0.00800M 0.00800M 0.00700M 0.00700M
Preferred stock total equity - - - - -
Retained earnings total equity 0.58M 12.75M 26.67M 38.40M 46.02M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 2046.83M 56.09M 1547.15M 1373.62M 1227.28M
Deferred long term asset charges - - - - -
Non current assets total 2158.45M 1890.69M 1648.84M 1435.35M 1246.27M
Capital lease obligations 5.14M 5.62M 6.06M 4.40M -
Long term debt total 995.49M 885.11M 772.60M 669.94M 615.89M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -270.90000M 0.13M 1.46M -2.19900M 0.08M
Change to liabilities 0.40M -0.61500M 1.46M 8.85M -6.68600M
Total cashflows from investing activities -270.90000M -264.91700M -229.07300M -207.35300M -247.04600M
Net borrowings 115.78M 121.34M 81.81M 52.00M 98.52M
Total cash from financing activities 148.90M 137.74M 143.60M 14.52M 190.03M
Change to operating activities 6.99M 2.90M -15.22100M -0.03500M -0.32200M
Net income 97.91M 85.75M 77.57M 72.94M 82.93M
Change in cash 20.00M -4.76400M 5.98M -88.15900M 23.87M
Begin period cash flow 6.30M 11.06M 5.08M 93.24M 69.37M
End period cash flow 26.30M 6.30M 11.06M 5.08M 93.24M
Total cash from operating activities 142.00M 122.42M 91.46M 104.67M 80.88M
Issuance of capital stock 141.83M 116.51M 151.75M 47.23M 161.86M
Depreciation 41.47M 34.83M 29.43M 26.31M 22.35M
Other cashflows from investing activities 24.99M 3.34M 1.46M -2.19900M 21.14M
Dividends paid -107.54000M -96.90300M -86.32800M -78.48800M 69.49M
Change to inventory - - - - -
Change to account receivables -6.37200M -7.58300M -8.58800M -9.20700M -9.28800M
Sale purchase of stock 141.67M 290.50M 301.50M -2.70200M -0.39300M
Other cashflows from financing activities 178.61M -7.86600M -4.82200M 103.18M 123.06M
Change to netincome -2.65300M 5.53M -4.46300M 3.60M -9.77500M
Capital expenditures 296.27M 268.39M 230.53M 207.35M 247.05M
Change receivables - - - - -
Cash flows other operating 3.17M -6.04900M -13.21100M -0.22600M -16.49000M
Exchange rate changes - - - - -
Cash and cash equivalents changes 20.00M -4.76400M 5.98M -88.15900M 23.87M
Change in working capital 1.65M -5.29500M -22.34600M -0.38800M -16.23300M
Stock based compensation 4.98M 3.95M 3.38M 3.60M 3.97M
Other non cash items -3.88400M 4.06M 3.43M 2.21M 1.83M
Free cash flow 142.00M 122.42M 91.46M 104.67M -166.16400M

Peer Comparison

Sector: Real Estate Industry: REIT - Retail

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FCPT
Four Corners Property Trust Inc
-0.08 0.28% 28.53 23.14 23.47 9.33 1.80 13.92 18.33
SPG
Simon Property Group Inc
-2.58 1.52% 167.00 21.31 24.69 9.77 16.15 12.96 14.98
O
Realty Income Corporation
-0.325 0.52% 61.69 43.10 43.67 10.55 1.30 15.84 18.03
LKREF
Link Real Estate Investment Trust
- -% 5.20 - 15.77 1.14 0.61 1.54 26.84
KIM
Kimco Realty Corporation
-0.17 0.74% 22.77 30.65 29.76 7.61 1.41 11.27 15.81

Reports Covered

Stock Research & News

Profile

FCPT, headquartered in Mill Valley, CA, 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

591 Redwood Highway, Mill Valley, CA, United States, 94941

Key Executives

Name Title Year Born
Mr. William Howard Lenehan IV Pres, CEO & Director 1977
Mr. Gerald R. Morgan Jr. Chief Financial Officer 1963
Mr. James L. Brat Chief Transaction Officer, Gen. Counsel & Sec. 1971
Mr. Matt Kolker Director of Operations NA
Ms. Niccole M. Stewart Chief Accounting Officer NA
Mr. Drake Nylund C.F.A. Mang. of Corp. Fin. NA
Ena Portuguez HR Mang. NA
Mr. Patrick L. Wernig Managing Director of Acquisitions NA
Mr. Warren Smith Controller of Fin. & Reporting NA
Ms. Kelly Egli Controller NA

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