Four Corners Property TrustFCPT +2.36%81 Return-on-Tangible-Equity is 8.00% as of Mar. 2026, which is 26% below its 10-year median of 10.78. GuruFocus rates FCPT with a GF Score™ of 81/100 and a GF Value™ of $25.52 (Fairly Valued). The stock has 7 warning signs investors should review. Among 933 REITs companies, Four Corners Property Trust ranks better than 63.67% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Four Corners Property Trust's annualized net income for the quarter that ended in Mar. 2026 was $121.3 Mil. Four Corners Property Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,516.9 Mil. Therefore, Four Corners Property Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.00%.
The historical rank and industry rank for Four Corners Property Trust's Return-on-Tangible-Equity or its related term are showing as below:
FCPT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.96 Med: 10.78 Max: 34.66
Current: 8.19
During the past 13 years, Four Corners Property Trust's highest Return-on-Tangible-Equity was 34.66%. The lowest was 7.96%. And the median was 10.78%.
FCPT's Return-on-Tangible-Equity is ranked better than 63.67% of 933
companies
in the REITs industry
Industry Median: 6.26
vs FCPT: 8.19
Four Corners Property Trust (NYSE:FCPT) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Four Corners Property Trust Return-on-Tangible-Equity Related Terms
Four Corners Property Trust Return-on-Tangible-Equity 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.
Four Corners Property Trust Return-on-Tangible-Equity Chart
FCPT vs IVT, AKR, UE: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, Four Corners Property Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Four Corners Property Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Four Corners Property Trust's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.00% mean?
Four Corners Property Trust (FCPT) has a Return-on-Tangible-Equity of 8.00% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Four Corners Property Trust and its competitors. This is 26% below median its historical median of 10.78. Over the past decade, Four Corners Property Trust's Return-on-Tangible-Equity has ranged from 7.96 to 34.66. According to the industry distribution chart, Four Corners Property Trust ranks #339 out of 933 companies in the REITs industry, placing it in the top 36.3%.
Is Four Corners Property Trust's Return-on-Tangible-Equity too high?
Four Corners Property Trust's current Return-on-Tangible-Equity of 8.00% is 26% below median its 10-year median of 10.78. Over the past 10 years, this metric has ranged from a low of 7.96 to a high of 34.66. The REITs industry median Return-on-Tangible-Equity is 6.26. Four Corners Property Trust's value of 8.00% is 27.8% above this industry median. Based on the distribution chart, Four Corners Property Trust ranks #339 out of 933 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 Return-on-Tangible-Equity compare to IVT and AKR?
According to the REITs industry distribution chart, Four Corners Property Trust ranks #339 out of 933 companies for Return-on-Tangible-Equity. This puts Four Corners Property Trust in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.26. Four Corners Property Trust's value of 8.00% is 27.8% above this benchmark. Historically, Four Corners Property Trust's own Return-on-Tangible-Equity has ranged from 7.96 to 34.66 over the past decade. While the company's 10-year median is 10.78 vs. the industry median of 6.26, 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 Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.26, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Four Corners Property Trust's current Return-on-Tangible-Equity of 8.00% is 27.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Four Corners Property Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Four Corners Property Trust's current Return-on-Tangible-Equity is 8.00%, which is 26% below median its own 10-year median of 10.78. 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 $25.52, compared to a current price of $25.11 — trading 1.6% below its estimated fair value. The current Return-on-Tangible-Equity is 8.00%, which is 26% below median its 10-year median of 10.78 and 27.8% above the REITs industry median of 6.26. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Four Corners Property Trust (FCPT), the current Return-on-Tangible-Equity is 8.00% 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 $25.11 is trading 1.6% below its estimated GF Value™ of $25.52.
GuruFocus considers Four Corners Property Trust to be Fairly Valued.
Key valuation signals for FCPT:
Return-on-Tangible-Equity: 8.00% (26% below median its 10-year median of 10.78)
GF Value™: $25.52 vs. price of $25.11 (1.6% below fair value)
Industry Position: 27.8% above the REITs median (#339 of 933)
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.
81GF Score
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