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

InvenTrust Properties Corp. is the larger business by last-quarter revenue ($77.4M vs $75.7M, roughly 1.0× Four Corners Property Trust, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.9% vs 3.4%, a 35.5% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (10.7% vs 8.6%). Over the past eight quarters, InvenTrust Properties Corp.'s revenue compounded faster (7.6% CAGR vs 6.7%).

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.

InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.

FCPT vs IVT — Head-to-Head

Bigger by revenue
IVT
IVT
1.0× larger
IVT
$77.4M
$75.7M
FCPT
Growing faster (revenue YoY)
FCPT
FCPT
+2.1% gap
FCPT
10.7%
8.6%
IVT
Higher net margin
FCPT
FCPT
35.5% more per $
FCPT
38.9%
3.4%
IVT
Faster 2-yr revenue CAGR
IVT
IVT
Annualised
IVT
7.6%
6.7%
FCPT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FCPT
FCPT
IVT
IVT
Revenue
$75.7M
$77.4M
Net Profit
$29.4M
$2.7M
Gross Margin
Operating Margin
-11.0%
Net Margin
38.9%
3.4%
Revenue YoY
10.7%
8.6%
Net Profit YoY
12.5%
-72.8%
EPS (diluted)
$0.27
$0.02

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
IVT
IVT
Q4 25
$75.7M
$77.4M
Q3 25
$74.1M
$74.5M
Q2 25
$72.8M
$73.6M
Q1 25
$71.5M
$73.8M
Q4 24
$68.3M
$71.2M
Q3 24
$66.8M
$68.5M
Q2 24
$66.5M
$67.4M
Q1 24
$66.5M
$66.8M
Net Profit
FCPT
FCPT
IVT
IVT
Q4 25
$29.4M
$2.7M
Q3 25
$28.8M
$6.0M
Q2 25
$27.9M
$95.9M
Q1 25
$26.2M
$6.8M
Q4 24
$26.2M
$9.8M
Q3 24
$25.6M
$-539.0K
Q2 24
$24.7M
$1.5M
Q1 24
$24.0M
$2.9M
Operating Margin
FCPT
FCPT
IVT
IVT
Q4 25
-11.0%
Q3 25
-9.8%
Q2 25
Q1 25
-10.5%
Q4 24
-3.6%
Q3 24
-18.7%
Q2 24
-13.6%
Q1 24
-13.1%
Net Margin
FCPT
FCPT
IVT
IVT
Q4 25
38.9%
3.4%
Q3 25
38.9%
8.1%
Q2 25
38.3%
130.4%
Q1 25
36.6%
9.2%
Q4 24
38.3%
13.8%
Q3 24
38.3%
-0.8%
Q2 24
37.1%
2.2%
Q1 24
36.2%
4.3%
EPS (diluted)
FCPT
FCPT
IVT
IVT
Q4 25
$0.27
$0.02
Q3 25
$0.28
$0.08
Q2 25
$0.28
$1.23
Q1 25
$0.26
$0.09
Q4 24
$0.27
$0.14
Q3 24
$0.27
$-0.01
Q2 24
$0.27
$0.02
Q1 24
$0.26
$0.04

Balance Sheet & Financial Strength

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

Metric
FCPT
FCPT
IVT
IVT
Cash + ST InvestmentsLiquidity on hand
$12.1M
Total DebtLower is stronger
$1.2B
$825.9M
Stockholders' EquityBook value
$1.6B
$1.8B
Total Assets
$2.9B
$2.8B
Debt / EquityLower = less leverage
0.74×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
IVT
IVT
Q4 25
$12.1M
Q3 25
$6.7M
Q2 25
$6.0M
Q1 25
$22.3M
Q4 24
$4.1M
Q3 24
$44.5M
Q2 24
$17.2M
Q1 24
$26.1M
Total Debt
FCPT
FCPT
IVT
IVT
Q4 25
$1.2B
$825.9M
Q3 25
$1.2B
$764.6M
Q2 25
$1.2B
$746.3M
Q1 25
$1.2B
$740.7M
Q4 24
$1.1B
$740.4M
Q3 24
$1.1B
$740.1M
Q2 24
$1.2B
$812.2M
Q1 24
$1.1B
$827.5M
Stockholders' Equity
FCPT
FCPT
IVT
IVT
Q4 25
$1.6B
$1.8B
Q3 25
$1.5B
$1.8B
Q2 25
$1.5B
$1.8B
Q1 25
$1.4B
$1.7B
Q4 24
$1.5B
$1.8B
Q3 24
$1.4B
$1.8B
Q2 24
$1.3B
$1.5B
Q1 24
$1.3B
$1.5B
Total Assets
FCPT
FCPT
IVT
IVT
Q4 25
$2.9B
$2.8B
Q3 25
$2.8B
$2.7B
Q2 25
$2.8B
$2.7B
Q1 25
$2.7B
$2.6B
Q4 24
$2.7B
$2.6B
Q3 24
$2.6B
$2.6B
Q2 24
$2.5B
$2.5B
Q1 24
$2.5B
$2.5B
Debt / Equity
FCPT
FCPT
IVT
IVT
Q4 25
0.74×
0.46×
Q3 25
0.79×
0.42×
Q2 25
0.81×
0.41×
Q1 25
0.84×
0.42×
Q4 24
0.78×
0.42×
Q3 24
0.84×
0.42×
Q2 24
0.92×
0.53×
Q1 24
0.89×
0.53×

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
IVT
IVT
Operating Cash FlowLast quarter
$192.3M
$155.4M
Free Cash FlowOCF − Capex
$110.9M
FCF MarginFCF / Revenue
143.3%
Capex IntensityCapex / Revenue
57.5%
Cash ConversionOCF / Net Profit
6.53×
58.41×
TTM Free Cash FlowTrailing 4 quarters
$193.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
IVT
IVT
Q4 25
$192.3M
$155.4M
Q3 25
$48.9M
$43.8M
Q2 25
$43.8M
$48.7M
Q1 25
$51.6M
$20.2M
Q4 24
$144.1M
$136.9M
Q3 24
$43.4M
$38.4M
Q2 24
$39.7M
$46.7M
Q1 24
$27.6M
$14.8M
Free Cash Flow
FCPT
FCPT
IVT
IVT
Q4 25
$110.9M
Q3 25
$31.4M
Q2 25
$38.0M
Q1 25
$12.8M
Q4 24
$100.8M
Q3 24
$29.3M
Q2 24
$37.2M
Q1 24
$7.7M
FCF Margin
FCPT
FCPT
IVT
IVT
Q4 25
143.3%
Q3 25
42.2%
Q2 25
51.6%
Q1 25
17.4%
Q4 24
141.5%
Q3 24
42.8%
Q2 24
55.2%
Q1 24
11.5%
Capex Intensity
FCPT
FCPT
IVT
IVT
Q4 25
57.5%
Q3 25
16.7%
Q2 25
14.6%
Q1 25
10.0%
Q4 24
50.7%
Q3 24
13.3%
Q2 24
14.0%
Q1 24
10.6%
Cash Conversion
FCPT
FCPT
IVT
IVT
Q4 25
6.53×
58.41×
Q3 25
1.70×
7.27×
Q2 25
1.57×
0.51×
Q1 25
1.97×
2.97×
Q4 24
5.51×
13.97×
Q3 24
1.70×
Q2 24
1.61×
31.15×
Q1 24
1.15×
5.10×

Financial Flow Comparison

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

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