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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and RE/MAX Holdings, Inc. (RMAX). 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 $71.1M, roughly 1.1× RE/MAX Holdings, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs 2.0%, a 36.8% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs -1.8%). Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs -4.7%).

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.

RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.

FCPT vs RMAX — Head-to-Head

Bigger by revenue
FCPT
FCPT
1.1× larger
FCPT
$78.2M
$71.1M
RMAX
Growing faster (revenue YoY)
FCPT
FCPT
+11.2% gap
FCPT
9.4%
-1.8%
RMAX
Higher net margin
FCPT
FCPT
36.8% more per $
FCPT
38.8%
2.0%
RMAX
Faster 2-yr revenue CAGR
FCPT
FCPT
Annualised
FCPT
8.4%
-4.7%
RMAX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCPT
FCPT
RMAX
RMAX
Revenue
$78.2M
$71.1M
Net Profit
$30.4M
$1.4M
Gross Margin
Operating Margin
55.3%
13.1%
Net Margin
38.8%
2.0%
Revenue YoY
9.4%
-1.8%
Net Profit YoY
16.0%
-75.2%
EPS (diluted)
$0.28

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
RMAX
RMAX
Q1 26
$78.2M
Q4 25
$75.7M
$71.1M
Q3 25
$74.1M
$73.2M
Q2 25
$72.8M
$72.8M
Q1 25
$71.5M
$74.5M
Q4 24
$68.3M
$72.5M
Q3 24
$66.8M
$78.5M
Q2 24
$66.5M
$78.5M
Net Profit
FCPT
FCPT
RMAX
RMAX
Q1 26
$30.4M
Q4 25
$29.4M
$1.4M
Q3 25
$28.8M
$4.0M
Q2 25
$27.9M
$4.7M
Q1 25
$26.2M
$-2.0M
Q4 24
$26.2M
$5.8M
Q3 24
$25.6M
$966.0K
Q2 24
$24.7M
$3.7M
Operating Margin
FCPT
FCPT
RMAX
RMAX
Q1 26
55.3%
Q4 25
13.1%
Q3 25
25.0%
Q2 25
19.3%
Q1 25
7.2%
Q4 24
5.9%
Q3 24
19.4%
Q2 24
20.6%
Net Margin
FCPT
FCPT
RMAX
RMAX
Q1 26
38.8%
Q4 25
38.9%
2.0%
Q3 25
38.9%
5.4%
Q2 25
38.3%
6.4%
Q1 25
36.6%
-2.6%
Q4 24
38.3%
8.0%
Q3 24
38.3%
1.2%
Q2 24
37.1%
4.7%
EPS (diluted)
FCPT
FCPT
RMAX
RMAX
Q1 26
$0.28
Q4 25
$0.27
Q3 25
$0.28
Q2 25
$0.28
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
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$29.6M
$118.7M
Total DebtLower is stronger
$432.2M
Stockholders' EquityBook value
$1.7B
$452.4M
Total Assets
$3.0B
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
RMAX
RMAX
Q1 26
$29.6M
Q4 25
$12.1M
$118.7M
Q3 25
$6.7M
$107.5M
Q2 25
$6.0M
$94.3M
Q1 25
$22.3M
$89.1M
Q4 24
$4.1M
$96.6M
Q3 24
$44.5M
$83.8M
Q2 24
$17.2M
$66.1M
Total Debt
FCPT
FCPT
RMAX
RMAX
Q1 26
Q4 25
$1.2B
$432.2M
Q3 25
$1.2B
$433.3M
Q2 25
$1.2B
$434.4M
Q1 25
$1.2B
$435.3M
Q4 24
$1.1B
$436.2M
Q3 24
$1.1B
$437.2M
Q2 24
$1.2B
$438.1M
Stockholders' Equity
FCPT
FCPT
RMAX
RMAX
Q1 26
$1.7B
Q4 25
$1.6B
$452.4M
Q3 25
$1.5B
$448.1M
Q2 25
$1.5B
$442.4M
Q1 25
$1.4B
$433.5M
Q4 24
$1.5B
$429.5M
Q3 24
$1.4B
$423.1M
Q2 24
$1.3B
$418.4M
Total Assets
FCPT
FCPT
RMAX
RMAX
Q1 26
$3.0B
Q4 25
$2.9B
$582.5M
Q3 25
$2.8B
$582.2M
Q2 25
$2.8B
$574.8M
Q1 25
$2.7B
$571.4M
Q4 24
$2.7B
$581.6M
Q3 24
$2.6B
$578.6M
Q2 24
$2.5B
$571.4M
Debt / Equity
FCPT
FCPT
RMAX
RMAX
Q1 26
Q4 25
0.74×
0.96×
Q3 25
0.79×
0.97×
Q2 25
0.81×
0.98×
Q1 25
0.84×
1.00×
Q4 24
0.78×
1.02×
Q3 24
0.84×
1.03×
Q2 24
0.92×
1.05×

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
RMAX
RMAX
Operating Cash FlowLast quarter
$40.9M
Free Cash FlowOCF − Capex
$33.5M
FCF MarginFCF / Revenue
47.1%
Capex IntensityCapex / Revenue
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
RMAX
RMAX
Q1 26
Q4 25
$192.3M
$40.9M
Q3 25
$48.9M
$17.7M
Q2 25
$43.8M
$4.6M
Q1 25
$51.6M
$5.7M
Q4 24
$144.1M
$59.7M
Q3 24
$43.4M
$17.6M
Q2 24
$39.7M
$15.9M
Free Cash Flow
FCPT
FCPT
RMAX
RMAX
Q1 26
Q4 25
$33.5M
Q3 25
$16.4M
Q2 25
$2.9M
Q1 25
$4.0M
Q4 24
$53.0M
Q3 24
$16.3M
Q2 24
$14.0M
FCF Margin
FCPT
FCPT
RMAX
RMAX
Q1 26
Q4 25
47.1%
Q3 25
22.4%
Q2 25
4.0%
Q1 25
5.3%
Q4 24
73.2%
Q3 24
20.8%
Q2 24
17.8%
Capex Intensity
FCPT
FCPT
RMAX
RMAX
Q1 26
Q4 25
10.4%
Q3 25
1.8%
Q2 25
2.2%
Q1 25
2.3%
Q4 24
9.1%
Q3 24
1.7%
Q2 24
2.4%
Cash Conversion
FCPT
FCPT
RMAX
RMAX
Q1 26
Q4 25
6.53×
28.39×
Q3 25
1.70×
4.45×
Q2 25
1.57×
0.97×
Q1 25
1.97×
Q4 24
5.51×
10.28×
Q3 24
1.70×
18.22×
Q2 24
1.61×
4.29×

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%

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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