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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and READING INTERNATIONAL INC (RDI). 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 $50.3M, roughly 1.6× READING INTERNATIONAL INC). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -5.1%, a 43.9% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs -14.2%). Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs 5.6%).
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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
FCPT vs RDI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $50.3M |
| Net Profit | $30.4M | $-2.6M |
| Gross Margin | — | — |
| Operating Margin | 55.3% | -1.9% |
| Net Margin | 38.8% | -5.1% |
| Revenue YoY | 9.4% | -14.2% |
| Net Profit YoY | 16.0% | -14.5% |
| EPS (diluted) | $0.28 | $-0.11 |
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 | $75.7M | $50.3M | ||
| Q3 25 | $74.1M | $52.2M | ||
| Q2 25 | $72.8M | $60.4M | ||
| Q1 25 | $71.5M | $40.2M | ||
| Q4 24 | $68.3M | $58.6M | ||
| Q3 24 | $66.8M | $60.1M | ||
| Q2 24 | $66.5M | $46.8M |
| Q1 26 | $30.4M | — | ||
| Q4 25 | $29.4M | $-2.6M | ||
| Q3 25 | $28.8M | $-4.2M | ||
| Q2 25 | $27.9M | $-2.7M | ||
| Q1 25 | $26.2M | $-4.8M | ||
| Q4 24 | $26.2M | $-2.2M | ||
| Q3 24 | $25.6M | $-7.0M | ||
| Q2 24 | $24.7M | $-12.8M |
| Q1 26 | 55.3% | — | ||
| Q4 25 | — | -1.9% | ||
| Q3 25 | — | -0.6% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -17.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | — | -16.4% |
| Q1 26 | 38.8% | — | ||
| Q4 25 | 38.9% | -5.1% | ||
| Q3 25 | 38.9% | -8.0% | ||
| Q2 25 | 38.3% | -4.4% | ||
| Q1 25 | 36.6% | -11.8% | ||
| Q4 24 | 38.3% | -3.8% | ||
| Q3 24 | 38.3% | -11.7% | ||
| Q2 24 | 37.1% | -27.4% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.27 | $-0.11 | ||
| Q3 25 | $0.28 | $-0.18 | ||
| Q2 25 | $0.28 | $-0.12 | ||
| Q1 25 | $0.26 | $-0.21 | ||
| Q4 24 | $0.27 | $-0.11 | ||
| Q3 24 | $0.27 | $-0.31 | ||
| Q2 24 | $0.27 | $-0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.6M | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $1.7B | $-18.2M |
| Total Assets | $3.0B | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.6M | — | ||
| Q4 25 | $12.1M | $10.5M | ||
| Q3 25 | $6.7M | $8.1M | ||
| Q2 25 | $6.0M | $9.1M | ||
| Q1 25 | $22.3M | $5.9M | ||
| Q4 24 | $4.1M | $12.4M | ||
| Q3 24 | $44.5M | $10.1M | ||
| Q2 24 | $17.2M | $9.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $185.1M | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | $202.7M | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.6B | $-18.2M | ||
| Q3 25 | $1.5B | $-12.1M | ||
| Q2 25 | $1.5B | $-7.7M | ||
| Q1 25 | $1.4B | $-8.1M | ||
| Q4 24 | $1.5B | $-4.4M | ||
| Q3 24 | $1.4B | $1.6M | ||
| Q2 24 | $1.3B | $6.5M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $434.9M | ||
| Q3 25 | $2.8B | $435.2M | ||
| Q2 25 | $2.8B | $438.1M | ||
| Q1 25 | $2.7B | $441.0M | ||
| Q4 24 | $2.7B | $471.0M | ||
| Q3 24 | $2.6B | $495.7M | ||
| Q2 24 | $2.5B | $494.9M |
| 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 | — | $4.3M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $192.3M | $4.3M | ||
| Q3 25 | $48.9M | $295.0K | ||
| Q2 25 | $43.8M | $1.6M | ||
| Q1 25 | $51.6M | $-7.7M | ||
| Q4 24 | $144.1M | $8.0M | ||
| Q3 24 | $43.4M | $1.3M | ||
| Q2 24 | $39.7M | $-10.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-10.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | — | -22.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 0.5% |
| 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
| Rental revenue | $69.8M | 89% |
| Restaurant revenue | $8.4M | 11% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
