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Side-by-side financial comparison of Ellington Financial Inc. (EFC) and Four Corners Property Trust, Inc. (FCPT). Click either name above to swap in a different company.
Ellington Financial Inc. is the larger business by last-quarter revenue ($78.2M vs $78.2M, roughly 1.0× Four Corners Property Trust, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs 28.9%, a 9.9% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs 8.7%). Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs 1.8%).
Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.
Four Corners Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns, and manages a portfolio of high-quality net-leased commercial properties. Its assets are primarily restaurant and retail locations across the United States, with tenants largely operating in stable consumer-facing industry segments with proven operational performance.
EFC vs FCPT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $78.2M |
| Net Profit | $22.6M | $30.4M |
| Gross Margin | — | — |
| Operating Margin | 7.4% | 55.3% |
| Net Margin | 28.9% | 38.8% |
| Revenue YoY | 8.7% | 9.4% |
| Net Profit YoY | -26.2% | 16.0% |
| EPS (diluted) | $0.10 | $0.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $78.2M | ||
| Q4 25 | $78.2M | $75.7M | ||
| Q3 25 | $82.8M | $74.1M | ||
| Q2 25 | $92.5M | $72.8M | ||
| Q1 25 | $82.9M | $71.5M | ||
| Q4 24 | $72.0M | $68.3M | ||
| Q3 24 | $67.0M | $66.8M | ||
| Q2 24 | $91.2M | $66.5M |
| Q1 26 | — | $30.4M | ||
| Q4 25 | $22.6M | $29.4M | ||
| Q3 25 | $29.5M | $28.8M | ||
| Q2 25 | $42.9M | $27.9M | ||
| Q1 25 | $31.6M | $26.2M | ||
| Q4 24 | $30.7M | $26.2M | ||
| Q3 24 | $16.2M | $25.6M | ||
| Q2 24 | $52.3M | $24.7M |
| Q1 26 | — | 55.3% | ||
| Q4 25 | 7.4% | — | ||
| Q3 25 | 31.1% | — | ||
| Q2 25 | 38.3% | — | ||
| Q1 25 | 37.3% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 24.0% | — | ||
| Q2 24 | 52.8% | — |
| Q1 26 | — | 38.8% | ||
| Q4 25 | 28.9% | 38.9% | ||
| Q3 25 | 35.7% | 38.9% | ||
| Q2 25 | 46.4% | 38.3% | ||
| Q1 25 | 38.2% | 36.6% | ||
| Q4 24 | 42.6% | 38.3% | ||
| Q3 24 | 24.1% | 38.3% | ||
| Q2 24 | 57.4% | 37.1% |
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.10 | $0.27 | ||
| Q3 25 | $0.29 | $0.28 | ||
| Q2 25 | $0.45 | $0.28 | ||
| Q1 25 | $0.35 | $0.26 | ||
| Q4 24 | $0.23 | $0.27 | ||
| Q3 24 | $0.19 | $0.27 | ||
| Q2 24 | $0.62 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $201.9M | $29.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $1.7B |
| Total Assets | $19.4B | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $29.6M | ||
| Q4 25 | $201.9M | $12.1M | ||
| Q3 25 | $184.8M | $6.7M | ||
| Q2 25 | $211.0M | $6.0M | ||
| Q1 25 | $203.3M | $22.3M | ||
| Q4 24 | $192.4M | $4.1M | ||
| Q3 24 | $217.7M | $44.5M | ||
| Q2 24 | $198.5M | $17.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.8B | $1.6B | ||
| Q3 25 | $1.8B | $1.5B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.6B | $1.3B |
| Q1 26 | — | $3.0B | ||
| Q4 25 | $19.4B | $2.9B | ||
| Q3 25 | $17.8B | $2.8B | ||
| Q2 25 | $17.1B | $2.8B | ||
| Q1 25 | $16.6B | $2.7B | ||
| Q4 24 | $16.3B | $2.7B | ||
| Q3 24 | $16.0B | $2.6B | ||
| Q2 24 | $15.1B | $2.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.79× | ||
| Q2 25 | — | 0.81× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 0.78× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.92× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-925.5M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | -40.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-925.5M | $192.3M | ||
| Q3 25 | $-290.4M | $48.9M | ||
| Q2 25 | $-210.5M | $43.8M | ||
| Q1 25 | $-126.4M | $51.6M | ||
| Q4 24 | $-430.5M | $144.1M | ||
| Q3 24 | $-141.7M | $43.4M | ||
| Q2 24 | $-88.6M | $39.7M |
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | -40.92× | 6.53× | ||
| Q3 25 | -9.84× | 1.70× | ||
| Q2 25 | -4.90× | 1.57× | ||
| Q1 25 | -3.99× | 1.97× | ||
| Q4 24 | -14.04× | 5.51× | ||
| Q3 24 | -8.76× | 1.70× | ||
| Q2 24 | -1.69× | 1.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EFC
Segment breakdown not available.
FCPT
| Rental revenue | $69.8M | 89% |
| Restaurant revenue | $8.4M | 11% |
