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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and SANDRIDGE ENERGY INC (SD). 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 $39.4M, roughly 2.0× SANDRIDGE ENERGY INC). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs 38.8%, a 16.1% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs 1.1%). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% CAGR vs 8.4%).

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.

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

FCPT vs SD — Head-to-Head

Bigger by revenue
FCPT
FCPT
2.0× larger
FCPT
$78.2M
$39.4M
SD
Growing faster (revenue YoY)
FCPT
FCPT
+8.3% gap
FCPT
9.4%
1.1%
SD
Higher net margin
SD
SD
16.1% more per $
SD
54.9%
38.8%
FCPT
Faster 2-yr revenue CAGR
SD
SD
Annualised
SD
14.1%
8.4%
FCPT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCPT
FCPT
SD
SD
Revenue
$78.2M
$39.4M
Net Profit
$30.4M
$21.6M
Gross Margin
Operating Margin
55.3%
38.5%
Net Margin
38.8%
54.9%
Revenue YoY
9.4%
1.1%
Net Profit YoY
16.0%
23.1%
EPS (diluted)
$0.28
$0.59

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
SD
SD
Q1 26
$78.2M
Q4 25
$75.7M
$39.4M
Q3 25
$74.1M
$39.8M
Q2 25
$72.8M
$34.5M
Q1 25
$71.5M
$42.6M
Q4 24
$68.3M
$39.0M
Q3 24
$66.8M
$30.1M
Q2 24
$66.5M
$26.0M
Net Profit
FCPT
FCPT
SD
SD
Q1 26
$30.4M
Q4 25
$29.4M
$21.6M
Q3 25
$28.8M
$16.0M
Q2 25
$27.9M
$19.6M
Q1 25
$26.2M
$13.0M
Q4 24
$26.2M
$17.6M
Q3 24
$25.6M
$25.5M
Q2 24
$24.7M
$8.8M
Operating Margin
FCPT
FCPT
SD
SD
Q1 26
55.3%
Q4 25
38.5%
Q3 25
37.8%
Q2 25
53.7%
Q1 25
28.6%
Q4 24
25.9%
Q3 24
28.3%
Q2 24
23.9%
Net Margin
FCPT
FCPT
SD
SD
Q1 26
38.8%
Q4 25
38.9%
54.9%
Q3 25
38.9%
40.1%
Q2 25
38.3%
56.6%
Q1 25
36.6%
30.6%
Q4 24
38.3%
45.1%
Q3 24
38.3%
84.8%
Q2 24
37.1%
33.9%
EPS (diluted)
FCPT
FCPT
SD
SD
Q1 26
$0.28
Q4 25
$0.27
$0.59
Q3 25
$0.28
$0.43
Q2 25
$0.28
$0.53
Q1 25
$0.26
$0.35
Q4 24
$0.27
$0.46
Q3 24
$0.27
$0.69
Q2 24
$0.27
$0.24

Balance Sheet & Financial Strength

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

Metric
FCPT
FCPT
SD
SD
Cash + ST InvestmentsLiquidity on hand
$29.6M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$510.9M
Total Assets
$3.0B
$644.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
SD
SD
Q1 26
$29.6M
Q4 25
$12.1M
$111.0M
Q3 25
$6.7M
$101.2M
Q2 25
$6.0M
$102.8M
Q1 25
$22.3M
$99.7M
Q4 24
$4.1M
$98.1M
Q3 24
$44.5M
$92.7M
Q2 24
$17.2M
$209.9M
Total Debt
FCPT
FCPT
SD
SD
Q1 26
Q4 25
$1.2B
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
SD
SD
Q1 26
$1.7B
Q4 25
$1.6B
$510.9M
Q3 25
$1.5B
$492.4M
Q2 25
$1.5B
$480.2M
Q1 25
$1.4B
$464.9M
Q4 24
$1.5B
$460.5M
Q3 24
$1.4B
$446.8M
Q2 24
$1.3B
$424.8M
Total Assets
FCPT
FCPT
SD
SD
Q1 26
$3.0B
Q4 25
$2.9B
$644.0M
Q3 25
$2.8B
$619.0M
Q2 25
$2.8B
$602.3M
Q1 25
$2.7B
$588.3M
Q4 24
$2.7B
$581.5M
Q3 24
$2.6B
$565.2M
Q2 24
$2.5B
$529.6M
Debt / Equity
FCPT
FCPT
SD
SD
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
FCPT
FCPT
SD
SD
Operating Cash FlowLast quarter
$31.7M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
36.6%
Capex IntensityCapex / Revenue
43.8%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
SD
SD
Q1 26
Q4 25
$192.3M
$31.7M
Q3 25
$48.9M
$25.3M
Q2 25
$43.8M
$22.9M
Q1 25
$51.6M
$20.3M
Q4 24
$144.1M
$26.0M
Q3 24
$43.4M
$20.8M
Q2 24
$39.7M
$11.4M
Free Cash Flow
FCPT
FCPT
SD
SD
Q1 26
Q4 25
$14.4M
Q3 25
$5.9M
Q2 25
$7.3M
Q1 25
$13.9M
Q4 24
$13.2M
Q3 24
$10.8M
Q2 24
$9.0M
FCF Margin
FCPT
FCPT
SD
SD
Q1 26
Q4 25
36.6%
Q3 25
14.9%
Q2 25
21.0%
Q1 25
32.7%
Q4 24
33.8%
Q3 24
36.1%
Q2 24
34.5%
Capex Intensity
FCPT
FCPT
SD
SD
Q1 26
Q4 25
43.8%
Q3 25
48.6%
Q2 25
45.2%
Q1 25
15.0%
Q4 24
32.9%
Q3 24
33.3%
Q2 24
9.4%
Cash Conversion
FCPT
FCPT
SD
SD
Q1 26
Q4 25
6.53×
1.46×
Q3 25
1.70×
1.58×
Q2 25
1.57×
1.17×
Q1 25
1.97×
1.56×
Q4 24
5.51×
1.48×
Q3 24
1.70×
0.82×
Q2 24
1.61×
1.30×

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%

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

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