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Four Corners Property Trust FCPT Real Estate Operations — Depreciation And Amortization Adjustment

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Other financials

Income statement

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Revenue$78.2M+9.4%
Net income$30.3M+16.0%
EPS (diluted)$0.28+7.7%

Balance sheet

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Cash & equivalents$29.6M+33.2%
Total debt$5.5M+38.5%
Total assets$3.0B+8.9%

Cash flow

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Operating cash flow$47.2M-8.5%
CapEx$74.1M+10.4%
Free cash flow-$38.6M-5.7%

Valuation

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Market cap$2.74B-9.5%
Enterprise value$2.71B-9.8%
P/E23.5×-6.0×
P/S9.1×-2.0×

Profitability

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Net margin38.7%+1.2pp
FCF margin-69.1%-3.7pp

Returns & leverage

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Return on equity13.5%
Debt / equity

Where this comes from

Reported directly by Four Corners Property Trust in its filing.

Tagged under the XBRL concept fcpt:DepreciationAndAmortizationAdjustment.

The official record: Four Corners Property Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Four Corners Property Trust's real estate operations — depreciation and amortization adjustment?
Four Corners Property Trust (FCPT) reported real estate operations — depreciation and amortization adjustment of -$15.98M in Q1 2026.
How has Four Corners Property Trust's real estate operations — depreciation and amortization adjustment changed year-over-year?
Four Corners Property Trust's real estate operations — depreciation and amortization adjustment decreased by 12.4% year-over-year, from -$14.22M to -$15.98M.
What is the long-term trend for Four Corners Property Trust's real estate operations — depreciation and amortization adjustment?
Over 3 years (2022 to 2025), Four Corners Property Trust's real estate operations — depreciation and amortization adjustment has grown at a 13.5% compound annual growth rate (CAGR), from -$40.76M to -$59.63M.
What does real estate operations — depreciation and amortization adjustment mean?
This represents the non-cash accounting charges related to the wear and tear of real estate assets, which are added back to net income to calculate funds from operations. It highlights the difference between accounting profit and the actual cash flow generated by the property portfolio.