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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and Heartflow, Inc. (HTFL). Click either name above to swap in a different company.

Four Corners Property Trust, Inc. is the larger business by last-quarter revenue ($78.2M vs $46.3M, roughly 1.7× Heartflow, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -109.9%, a 148.7% gap on every dollar of revenue.

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.

HeartFlow, Inc. develops non-invasive cardiovascular diagnostic solutions for global healthcare providers. Its core product uses CT scan data to build 3D coronary artery models, assess blood flow to detect blockages, and support clinicians in making personalized heart disease treatment decisions without invasive procedures.

FCPT vs HTFL — Head-to-Head

Bigger by revenue
FCPT
FCPT
1.7× larger
FCPT
$78.2M
$46.3M
HTFL
Higher net margin
FCPT
FCPT
148.7% more per $
FCPT
38.8%
-109.9%
HTFL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FCPT
FCPT
HTFL
HTFL
Revenue
$78.2M
$46.3M
Net Profit
$30.4M
$-50.9M
Gross Margin
76.5%
Operating Margin
55.3%
-32.6%
Net Margin
38.8%
-109.9%
Revenue YoY
9.4%
Net Profit YoY
16.0%
EPS (diluted)
$0.28
$-1.04

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.

Revenue
FCPT
FCPT
HTFL
HTFL
Q1 26
$78.2M
Q4 25
$75.7M
Q3 25
$74.1M
$46.3M
Q2 25
$72.8M
$43.4M
Q1 25
$71.5M
Q4 24
$68.3M
Q3 24
$66.8M
Q2 24
$66.5M
Net Profit
FCPT
FCPT
HTFL
HTFL
Q1 26
$30.4M
Q4 25
$29.4M
Q3 25
$28.8M
$-50.9M
Q2 25
$27.9M
$-9.2M
Q1 25
$26.2M
Q4 24
$26.2M
Q3 24
$25.6M
Q2 24
$24.7M
Gross Margin
FCPT
FCPT
HTFL
HTFL
Q1 26
Q4 25
Q3 25
76.5%
Q2 25
75.5%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
FCPT
FCPT
HTFL
HTFL
Q1 26
55.3%
Q4 25
Q3 25
-32.6%
Q2 25
-31.6%
Q1 25
Q4 24
Q3 24
Q2 24
Net Margin
FCPT
FCPT
HTFL
HTFL
Q1 26
38.8%
Q4 25
38.9%
Q3 25
38.9%
-109.9%
Q2 25
38.3%
-21.2%
Q1 25
36.6%
Q4 24
38.3%
Q3 24
38.3%
Q2 24
37.1%
EPS (diluted)
FCPT
FCPT
HTFL
HTFL
Q1 26
$0.28
Q4 25
$0.27
Q3 25
$0.28
$-1.04
Q2 25
$0.28
$-1.46
Q1 25
$0.26
Q4 24
$0.27
Q3 24
$0.27
Q2 24
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCPT
FCPT
HTFL
HTFL
Cash + ST InvestmentsLiquidity on hand
$29.6M
$291.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$254.6M
Total Assets
$3.0B
$364.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
HTFL
HTFL
Q1 26
$29.6M
Q4 25
$12.1M
Q3 25
$6.7M
$291.2M
Q2 25
$6.0M
$80.2M
Q1 25
$22.3M
Q4 24
$4.1M
Q3 24
$44.5M
Q2 24
$17.2M
Total Debt
FCPT
FCPT
HTFL
HTFL
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
Stockholders' Equity
FCPT
FCPT
HTFL
HTFL
Q1 26
$1.7B
Q4 25
$1.6B
Q3 25
$1.5B
$254.6M
Q2 25
$1.5B
$-894.8M
Q1 25
$1.4B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.3B
Total Assets
FCPT
FCPT
HTFL
HTFL
Q1 26
$3.0B
Q4 25
$2.9B
Q3 25
$2.8B
$364.4M
Q2 25
$2.8B
$159.4M
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$2.5B
Debt / Equity
FCPT
FCPT
HTFL
HTFL
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
FCPT
FCPT
HTFL
HTFL
Operating Cash FlowLast quarter
$-3.0M
Free Cash FlowOCF − Capex
$-4.2M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
HTFL
HTFL
Q1 26
Q4 25
$192.3M
Q3 25
$48.9M
$-3.0M
Q2 25
$43.8M
$-40.5M
Q1 25
$51.6M
Q4 24
$144.1M
Q3 24
$43.4M
Q2 24
$39.7M
Free Cash Flow
FCPT
FCPT
HTFL
HTFL
Q1 26
Q4 25
Q3 25
$-4.2M
Q2 25
$-42.4M
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
FCPT
FCPT
HTFL
HTFL
Q1 26
Q4 25
Q3 25
-9.1%
Q2 25
-97.6%
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
FCPT
FCPT
HTFL
HTFL
Q1 26
Q4 25
Q3 25
2.7%
Q2 25
4.4%
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
FCPT
FCPT
HTFL
HTFL
Q1 26
Q4 25
6.53×
Q3 25
1.70×
Q2 25
1.57×
Q1 25
1.97×
Q4 24
5.51×
Q3 24
1.70×
Q2 24
1.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FCPT
FCPT

Rental revenue$69.8M89%
Restaurant revenue$8.4M11%

HTFL
HTFL

Segment breakdown not available.

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