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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Four Corners Property Trust's Debt-to-EBITDA or its related term are showing as below:
FCPT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.92 Med: 5.47 Max: 5.86
Current: 5.23
During the past 13 years, the highest Debt-to-EBITDA Ratio of Four Corners Property Trust was 5.86. The lowest was 3.92. And the median was 5.47.
FCPT's Debt-to-EBITDA is ranked better than 62.8% of 578
companies
in the REITs industry
Industry Median: 6.51
vs FCPT: 5.23
Four Corners Property Trust (NYSE:FCPT) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Four Corners Property Trust Debt-to-EBITDA Related Terms
Four Corners Property Trust Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Retail subindustry, Four Corners Property Trust's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Four Corners Property Trust Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Four Corners Property Trust's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Four Corners Property Trust's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Four Corners Property Trust (FCPT) has a Debt-to-EBITDA of 5.07 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Four Corners Property Trust. This is near median its historical median of 5.47. Over the past decade, Four Corners Property Trust's Debt-to-EBITDA has ranged from 3.92 to 5.86. According to the industry distribution chart, Four Corners Property Trust ranks #215 out of 578 companies in the REITs industry, placing it in the top 37.2%.
Is Four Corners Property Trust's Debt-to-EBITDA too high?
Four Corners Property Trust's current Debt-to-EBITDA of 5.07 is near median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 5.86. The REITs industry median Debt-to-EBITDA is 6.51. Four Corners Property Trust's value of 5.07 is 22.1% below this industry median. Based on the distribution chart, Four Corners Property Trust ranks #215 out of 578 companies in the REITs industry, which is above the industry midpoint. Overall, Four Corners Property Trust has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Four Corners Property Trust's Debt-to-EBITDA compare to IVT and AKR?
According to the REITs industry distribution chart, Four Corners Property Trust ranks #215 out of 578 companies for Debt-to-EBITDA. This puts Four Corners Property Trust in the upper half of its industry. The industry median Debt-to-EBITDA is 6.51. Four Corners Property Trust's value of 5.07 is 22.1% below this benchmark. Historically, Four Corners Property Trust's own Debt-to-EBITDA has ranged from 3.92 to 5.86 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 6.51, Four Corners Property Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.51, based on 578 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Four Corners Property Trust's current Debt-to-EBITDA of 5.07 is 22.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Four Corners Property Trust. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Four Corners Property Trust's current Debt-to-EBITDA is 5.07, which is near median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Four Corners Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Four Corners Property Trust (FCPT) is currently considered Fairly Valued. The stock's GF Value™ is $25.50, compared to a current price of $25.87 — trading 1.5% above its estimated fair value. The current Debt-to-EBITDA is 5.07, which is near median its 10-year median of 5.47 and 22.1% below the REITs industry median of 6.51. Four Corners Property Trust's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Four Corners Property Trust (FCPT), the current Debt-to-EBITDA is 5.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Four Corners Property Trust (FCPT) Overvalued in 2026?
Based on GuruFocus' analysis, Four Corners Property Trust stock appears to be overvalued.
The current stock price of $25.87 is trading 1.5% above its estimated GF Value™ of $25.50.
GuruFocus considers Four Corners Property Trust to be Fairly Valued.
Key valuation signals for FCPT:
Debt-to-EBITDA: 5.07 (near median its 10-year median of 5.47)
GF Value™: $25.50 vs. price of $25.87 (1.5% above fair value)
Industry Position: 22.1% below the REITs median (#215 of 578)
No single metric tells the full story. See the FCPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Four Corners Property Trust Inc is a real estate investment trust predominantly 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. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates majority of the revenue from the real estate operations segment.
80GF Score
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