FCPT (Four Corners Property Trust) Interest Coverage: 3.30 (As of Mar. 2026) — Near Median


FCPT Four Corners Property Trust Inc FCPT
81 GF Score
Price $25.02
GF Value $25.50
Valuation Fairly Valued
! 7 Warning Signs
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What is Four Corners Property Trust Interest Coverage?

Four Corners Property Trust FCPT -0.52% 81 Interest Coverage is 3.30 as of Mar. 2026, which is 9% below its 10-year median of 3.63. GuruFocus rates FCPT with a GF Score™ of 81/100 and a GF Value™ of $25.50 (Fairly Valued). The stock has 7 warning signs investors should review. Among 700 REITs companies, Four Corners Property Trust ranks better than 51.57% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Four Corners Property Trust's Operating Income for the three months ended in Mar. 2026 was $43.2 Mil. Four Corners Property Trust's Interest Expense for the three months ended in Mar. 2026 was $-13.1 Mil. Four Corners Property Trust's interest coverage for the quarter that ended in Mar. 2026 was 3.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Four Corners Property Trust's Interest Coverage or its related term are showing as below:

FCPT' s Interest Coverage Range Over the Past 10 Years
Min: 3.03   Med: 3.63   Max: 5.03
Current: 3.22


FCPT's Interest Coverage is ranked better than
51.57% of 700 companies
in the REITs industry
Industry Median: 3.095 vs FCPT: 3.22

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Four Corners Property Trust  (NYSE:FCPT) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Four Corners Property Trust Interest Coverage Related Terms


Four Corners Property Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for Four Corners Property Trust's Interest Coverage can be seen below:

* 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Four Corners Property Trust Interest Coverage Chart

Four Corners Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.46 3.07 3.03 3.16

Four Corners Property Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.03 3.14 3.22 3.25 3.30

FCPT vs UE, IVT, AKR: Interest Coverage Comparison

For the REIT - Retail subindustry, Four Corners Property Trust's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Four Corners Property Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Four Corners Property Trust's Interest Coverage falls into.


FCPT
81GF Score
Four Corners Property Trust Inc FCPT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Four Corners Property Trust Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Four Corners Property Trust's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Four Corners Property Trust's Interest Expense was $-51.9 Mil. Its Operating Income was $163.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,210.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*163.864/-51.873
=3.16

Four Corners Property Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Four Corners Property Trust's Interest Expense was $-13.1 Mil. Its Operating Income was $43.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,211.2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*43.243/-13.121
=3.30

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.30 mean?
Four Corners Property Trust (FCPT) has a Interest Coverage of 3.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Four Corners Property Trust and its competitors. This is near median its historical median of 3.63. Over the past decade, Four Corners Property Trust's Interest Coverage has ranged from 3.03 to 5.03. According to the industry distribution chart, Four Corners Property Trust ranks #339 out of 700 companies in the REITs industry, placing it in the top 48.4%.
Is Four Corners Property Trust's Interest Coverage too high?
Four Corners Property Trust's current Interest Coverage of 3.30 is near median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 5.03. The REITs industry median Interest Coverage is 3.10. Four Corners Property Trust's value of 3.30 is 6.6% above this industry median. Based on the distribution chart, Four Corners Property Trust ranks #339 out of 700 companies in the REITs industry, which is above the industry midpoint. Overall, Four Corners Property Trust has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Four Corners Property Trust's Interest Coverage compare to UE and IVT?
According to the REITs industry distribution chart, Four Corners Property Trust ranks #339 out of 700 companies for Interest Coverage. This puts Four Corners Property Trust in the upper half of its industry. The industry median Interest Coverage is 3.10. Four Corners Property Trust's value of 3.30 is 6.6% above this benchmark. Historically, Four Corners Property Trust's own Interest Coverage has ranged from 3.03 to 5.03 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 3.10, Four Corners Property Trust has consistently been above 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Four Corners Property Trust's current Interest Coverage of 3.30 is 6.6% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Four Corners Property Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Four Corners Property Trust's current Interest Coverage is 3.30, which is near median its own 10-year median of 3.63. 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 $25.02 — trading 1.9% below its estimated fair value. The current Interest Coverage is 3.30, which is near median its 10-year median of 3.63 and 6.6% above the REITs industry median of 3.10. Four Corners Property Trust's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Four Corners Property Trust (FCPT), the current Interest Coverage is 3.30 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 undervalued. The current stock price of $25.02 is trading 1.9% below its estimated GF Value™ of $25.50. GuruFocus considers Four Corners Property Trust to be Fairly Valued.

Key valuation signals for FCPT:

  • Interest Coverage: 3.30 (near median its 10-year median of 3.63)
  • GF Value™: $25.50 vs. price of $25.02 (1.9% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 6.6% above the REITs median (#339 of 700)

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 Business Description

Industry Real EstateREITs
Other Exchanges 4Z1:Germany
Address 591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941
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.
81GF Score

Get the complete analysis for FCPT

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.02
Price
$25.50
GF Value