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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and Logistic Properties of the Americas (LPA). 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 $50.1M, roughly 1.6× Logistic Properties of the Americas). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs 32.1%, a 6.7% 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.

Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.

FCPT vs LPA — Head-to-Head

Bigger by revenue
FCPT
FCPT
1.6× larger
FCPT
$78.2M
$50.1M
LPA
Higher net margin
FCPT
FCPT
6.7% more per $
FCPT
38.8%
32.1%
LPA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCPT
FCPT
LPA
LPA
Revenue
$78.2M
$50.1M
Net Profit
$30.4M
$16.1M
Gross Margin
Operating Margin
55.3%
81.7%
Net Margin
38.8%
32.1%
Revenue YoY
9.4%
Net Profit YoY
16.0%
EPS (diluted)
$0.28
$0.33

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
LPA
LPA
Q1 26
$78.2M
Q4 25
$75.7M
$50.1M
Q3 25
$74.1M
$32.7M
Q2 25
$72.8M
$21.5M
Q1 25
$71.5M
$10.5M
Q4 24
$68.3M
Q3 24
$66.8M
$19.2M
Q2 24
$66.5M
Net Profit
FCPT
FCPT
LPA
LPA
Q1 26
$30.4M
Q4 25
$29.4M
$16.1M
Q3 25
$28.8M
Q2 25
$27.9M
Q1 25
$26.2M
Q4 24
$26.2M
Q3 24
$25.6M
Q2 24
$24.7M
Operating Margin
FCPT
FCPT
LPA
LPA
Q1 26
55.3%
Q4 25
81.7%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Net Margin
FCPT
FCPT
LPA
LPA
Q1 26
38.8%
Q4 25
38.9%
32.1%
Q3 25
38.9%
Q2 25
38.3%
Q1 25
36.6%
Q4 24
38.3%
Q3 24
38.3%
Q2 24
37.1%
EPS (diluted)
FCPT
FCPT
LPA
LPA
Q1 26
$0.28
Q4 25
$0.27
$0.33
Q3 25
$0.28
$0.09
Q2 25
$0.28
$-0.06
Q1 25
$0.26
Q4 24
$0.27
Q3 24
$0.27
$-1.26
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
LPA
LPA
Cash + ST InvestmentsLiquidity on hand
$29.6M
$27.3M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$1.7B
$324.6M
Total Assets
$3.0B
$700.8M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
LPA
LPA
Q1 26
$29.6M
Q4 25
$12.1M
$27.3M
Q3 25
$6.7M
Q2 25
$6.0M
Q1 25
$22.3M
Q4 24
$4.1M
Q3 24
$44.5M
Q2 24
$17.2M
Total Debt
FCPT
FCPT
LPA
LPA
Q1 26
Q4 25
$1.2B
$296.8M
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
LPA
LPA
Q1 26
$1.7B
Q4 25
$1.6B
$324.6M
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.3B
Total Assets
FCPT
FCPT
LPA
LPA
Q1 26
$3.0B
Q4 25
$2.9B
$700.8M
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$2.5B
Debt / Equity
FCPT
FCPT
LPA
LPA
Q1 26
Q4 25
0.74×
0.91×
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
LPA
LPA
Operating Cash FlowLast quarter
$21.6M
Free Cash FlowOCF − Capex
$21.4M
FCF MarginFCF / Revenue
42.7%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$12.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
LPA
LPA
Q1 26
Q4 25
$192.3M
$21.6M
Q3 25
$48.9M
$14.4M
Q2 25
$43.8M
$7.2M
Q1 25
$51.6M
$4.4M
Q4 24
$144.1M
Q3 24
$43.4M
$8.3M
Q2 24
$39.7M
Free Cash Flow
FCPT
FCPT
LPA
LPA
Q1 26
Q4 25
$21.4M
Q3 25
$-7.3M
Q2 25
$-3.1M
Q1 25
$966.4K
Q4 24
Q3 24
$-2.4M
Q2 24
FCF Margin
FCPT
FCPT
LPA
LPA
Q1 26
Q4 25
42.7%
Q3 25
-22.2%
Q2 25
-14.4%
Q1 25
9.2%
Q4 24
Q3 24
-12.3%
Q2 24
Capex Intensity
FCPT
FCPT
LPA
LPA
Q1 26
Q4 25
0.3%
Q3 25
66.1%
Q2 25
47.9%
Q1 25
32.5%
Q4 24
Q3 24
55.5%
Q2 24
Cash Conversion
FCPT
FCPT
LPA
LPA
Q1 26
Q4 25
6.53×
1.34×
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%

LPA
LPA

Segment breakdown not available.

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