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

PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $78.2M, roughly 1.8× Four Corners Property Trust, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -20.7%, a 59.5% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs -15.1%). Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs -12.0%).

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.

FCPT vs PAMT — Head-to-Head

Bigger by revenue
PAMT
PAMT
1.8× larger
PAMT
$141.3M
$78.2M
FCPT
Growing faster (revenue YoY)
FCPT
FCPT
+24.5% gap
FCPT
9.4%
-15.1%
PAMT
Higher net margin
FCPT
FCPT
59.5% more per $
FCPT
38.8%
-20.7%
PAMT
Faster 2-yr revenue CAGR
FCPT
FCPT
Annualised
FCPT
8.4%
-12.0%
PAMT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCPT
FCPT
PAMT
PAMT
Revenue
$78.2M
$141.3M
Net Profit
$30.4M
$-29.3M
Gross Margin
Operating Margin
55.3%
-27.0%
Net Margin
38.8%
-20.7%
Revenue YoY
9.4%
-15.1%
Net Profit YoY
16.0%
7.4%
EPS (diluted)
$0.28
$-1.38

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
PAMT
PAMT
Q1 26
$78.2M
Q4 25
$75.7M
$141.3M
Q3 25
$74.1M
$150.3M
Q2 25
$72.8M
$151.1M
Q1 25
$71.5M
$155.3M
Q4 24
$68.3M
$166.5M
Q3 24
$66.8M
$182.6M
Q2 24
$66.5M
$182.9M
Net Profit
FCPT
FCPT
PAMT
PAMT
Q1 26
$30.4M
Q4 25
$29.4M
$-29.3M
Q3 25
$28.8M
$-5.6M
Q2 25
$27.9M
$-9.6M
Q1 25
$26.2M
$-8.1M
Q4 24
$26.2M
$-31.6M
Q3 24
$25.6M
$2.4M
Q2 24
$24.7M
$-2.9M
Operating Margin
FCPT
FCPT
PAMT
PAMT
Q1 26
55.3%
Q4 25
-27.0%
Q3 25
-3.8%
Q2 25
-7.3%
Q1 25
-5.9%
Q4 24
-22.6%
Q3 24
1.3%
Q2 24
-0.4%
Net Margin
FCPT
FCPT
PAMT
PAMT
Q1 26
38.8%
Q4 25
38.9%
-20.7%
Q3 25
38.9%
-3.7%
Q2 25
38.3%
-6.4%
Q1 25
36.6%
-5.2%
Q4 24
38.3%
-19.0%
Q3 24
38.3%
1.3%
Q2 24
37.1%
-1.6%
EPS (diluted)
FCPT
FCPT
PAMT
PAMT
Q1 26
$0.28
Q4 25
$0.27
$-1.38
Q3 25
$0.28
$-0.27
Q2 25
$0.28
$-0.46
Q1 25
$0.26
$-0.37
Q4 24
$0.27
$-1.44
Q3 24
$0.27
$0.11
Q2 24
$0.27
$-0.13

Balance Sheet & Financial Strength

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

Metric
FCPT
FCPT
PAMT
PAMT
Cash + ST InvestmentsLiquidity on hand
$29.6M
$83.7M
Total DebtLower is stronger
$333.9M
Stockholders' EquityBook value
$1.7B
$210.5M
Total Assets
$3.0B
$697.9M
Debt / EquityLower = less leverage
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
PAMT
PAMT
Q1 26
$29.6M
Q4 25
$12.1M
$83.7M
Q3 25
$6.7M
$115.6M
Q2 25
$6.0M
$117.3M
Q1 25
$22.3M
$102.7M
Q4 24
$4.1M
$110.7M
Q3 24
$44.5M
$92.3M
Q2 24
$17.2M
$114.0M
Total Debt
FCPT
FCPT
PAMT
PAMT
Q1 26
Q4 25
$1.2B
$333.9M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.1B
$325.6M
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
FCPT
FCPT
PAMT
PAMT
Q1 26
$1.7B
Q4 25
$1.6B
$210.5M
Q3 25
$1.5B
$239.5M
Q2 25
$1.5B
$244.9M
Q1 25
$1.4B
$269.6M
Q4 24
$1.5B
$277.5M
Q3 24
$1.4B
$308.9M
Q2 24
$1.3B
$306.7M
Total Assets
FCPT
FCPT
PAMT
PAMT
Q1 26
$3.0B
Q4 25
$2.9B
$697.9M
Q3 25
$2.8B
$715.2M
Q2 25
$2.8B
$707.9M
Q1 25
$2.7B
$712.6M
Q4 24
$2.7B
$741.7M
Q3 24
$2.6B
$756.7M
Q2 24
$2.5B
$733.5M
Debt / Equity
FCPT
FCPT
PAMT
PAMT
Q1 26
Q4 25
0.74×
1.59×
Q3 25
0.79×
Q2 25
0.81×
Q1 25
0.84×
Q4 24
0.78×
1.17×
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
PAMT
PAMT
Operating Cash FlowLast quarter
$-5.8M
Free Cash FlowOCF − Capex
$-25.0M
FCF MarginFCF / Revenue
-17.7%
Capex IntensityCapex / Revenue
13.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
PAMT
PAMT
Q1 26
Q4 25
$192.3M
$-5.8M
Q3 25
$48.9M
$5.9M
Q2 25
$43.8M
$12.2M
Q1 25
$51.6M
$5.0M
Q4 24
$144.1M
$15.2M
Q3 24
$43.4M
$15.5M
Q2 24
$39.7M
$18.7M
Free Cash Flow
FCPT
FCPT
PAMT
PAMT
Q1 26
Q4 25
$-25.0M
Q3 25
$2.5M
Q2 25
$5.9M
Q1 25
$-6.8M
Q4 24
$-39.9M
Q3 24
$-33.6M
Q2 24
$4.1M
FCF Margin
FCPT
FCPT
PAMT
PAMT
Q1 26
Q4 25
-17.7%
Q3 25
1.7%
Q2 25
3.9%
Q1 25
-4.4%
Q4 24
-24.0%
Q3 24
-18.4%
Q2 24
2.2%
Capex Intensity
FCPT
FCPT
PAMT
PAMT
Q1 26
Q4 25
13.6%
Q3 25
2.3%
Q2 25
4.2%
Q1 25
7.6%
Q4 24
33.1%
Q3 24
26.9%
Q2 24
8.0%
Cash Conversion
FCPT
FCPT
PAMT
PAMT
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×
6.44×
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%

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

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