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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and TSS, Inc. (TSSI). 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 $60.9M, roughly 1.3× TSS, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs 20.0%, a 18.9% gap on every dollar of revenue. On growth, TSS, Inc. posted the faster year-over-year revenue change (21.8% vs 9.4%). Over the past eight quarters, TSS, Inc.'s revenue compounded faster (95.8% 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.

FCPT vs TSSI — Head-to-Head

Bigger by revenue
FCPT
FCPT
1.3× larger
FCPT
$78.2M
$60.9M
TSSI
Growing faster (revenue YoY)
TSSI
TSSI
+12.4% gap
TSSI
21.8%
9.4%
FCPT
Higher net margin
FCPT
FCPT
18.9% more per $
FCPT
38.8%
20.0%
TSSI
Faster 2-yr revenue CAGR
TSSI
TSSI
Annualised
TSSI
95.8%
8.4%
FCPT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCPT
FCPT
TSSI
TSSI
Revenue
$78.2M
$60.9M
Net Profit
$30.4M
$12.2M
Gross Margin
17.6%
Operating Margin
55.3%
1.5%
Net Margin
38.8%
20.0%
Revenue YoY
9.4%
21.8%
Net Profit YoY
16.0%
535.7%
EPS (diluted)
$0.28
$0.44

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
TSSI
TSSI
Q1 26
$78.2M
Q4 25
$75.7M
$60.9M
Q3 25
$74.1M
$41.9M
Q2 25
$72.8M
$44.0M
Q1 25
$71.5M
$99.0M
Q4 24
$68.3M
$50.0M
Q3 24
$66.8M
$70.1M
Q2 24
$66.5M
$12.2M
Net Profit
FCPT
FCPT
TSSI
TSSI
Q1 26
$30.4M
Q4 25
$29.4M
$12.2M
Q3 25
$28.8M
$-1.5M
Q2 25
$27.9M
$1.5M
Q1 25
$26.2M
$3.0M
Q4 24
$26.2M
$1.9M
Q3 24
$25.6M
$2.6M
Q2 24
$24.7M
$1.4M
Gross Margin
FCPT
FCPT
TSSI
TSSI
Q1 26
Q4 25
17.6%
Q3 25
11.1%
Q2 25
17.8%
Q1 25
9.3%
Q4 24
14.4%
Q3 24
11.3%
Q2 24
37.3%
Operating Margin
FCPT
FCPT
TSSI
TSSI
Q1 26
55.3%
Q4 25
1.5%
Q3 25
-2.2%
Q2 25
5.1%
Q1 25
4.2%
Q4 24
0.0%
Q3 24
5.4%
Q2 24
14.0%
Net Margin
FCPT
FCPT
TSSI
TSSI
Q1 26
38.8%
Q4 25
38.9%
20.0%
Q3 25
38.9%
-3.6%
Q2 25
38.3%
3.4%
Q1 25
36.6%
3.0%
Q4 24
38.3%
3.8%
Q3 24
38.3%
3.8%
Q2 24
37.1%
11.5%
EPS (diluted)
FCPT
FCPT
TSSI
TSSI
Q1 26
$0.28
Q4 25
$0.27
$0.44
Q3 25
$0.28
$-0.06
Q2 25
$0.28
$0.06
Q1 25
$0.26
$0.12
Q4 24
$0.27
$0.08
Q3 24
$0.27
$0.10
Q2 24
$0.27
$0.06

Balance Sheet & Financial Strength

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

Metric
FCPT
FCPT
TSSI
TSSI
Cash + ST InvestmentsLiquidity on hand
$29.6M
$85.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$76.6M
Total Assets
$3.0B
$184.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
TSSI
TSSI
Q1 26
$29.6M
Q4 25
$12.1M
$85.5M
Q3 25
$6.7M
$70.7M
Q2 25
$6.0M
Q1 25
$22.3M
Q4 24
$4.1M
$23.2M
Q3 24
$44.5M
$46.4M
Q2 24
$17.2M
$8.3M
Total Debt
FCPT
FCPT
TSSI
TSSI
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
TSSI
TSSI
Q1 26
$1.7B
Q4 25
$1.6B
$76.6M
Q3 25
$1.5B
$63.4M
Q2 25
$1.5B
$9.5M
Q1 25
$1.4B
$9.4M
Q4 24
$1.5B
$7.1M
Q3 24
$1.4B
$7.7M
Q2 24
$1.3B
$5.2M
Total Assets
FCPT
FCPT
TSSI
TSSI
Q1 26
$3.0B
Q4 25
$2.9B
$184.9M
Q3 25
$2.8B
$165.4M
Q2 25
$2.8B
$139.5M
Q1 25
$2.7B
$113.5M
Q4 24
$2.7B
$96.6M
Q3 24
$2.6B
$67.3M
Q2 24
$2.5B
$28.9M
Debt / Equity
FCPT
FCPT
TSSI
TSSI
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
TSSI
TSSI
Operating Cash FlowLast quarter
$16.3M
Free Cash FlowOCF − Capex
$15.8M
FCF MarginFCF / Revenue
25.9%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$2.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
TSSI
TSSI
Q1 26
Q4 25
$192.3M
$16.3M
Q3 25
$48.9M
$-18.4M
Q2 25
$43.8M
$16.3M
Q1 25
$51.6M
$20.6M
Q4 24
$144.1M
$-21.6M
Q3 24
$43.4M
$38.6M
Q2 24
$39.7M
$-4.3M
Free Cash Flow
FCPT
FCPT
TSSI
TSSI
Q1 26
Q4 25
$15.8M
Q3 25
$-24.9M
Q2 25
$5.4M
Q1 25
$5.8M
Q4 24
$-28.4M
Q3 24
$38.6M
Q2 24
$-6.0M
FCF Margin
FCPT
FCPT
TSSI
TSSI
Q1 26
Q4 25
25.9%
Q3 25
-59.3%
Q2 25
12.3%
Q1 25
5.8%
Q4 24
-56.7%
Q3 24
55.1%
Q2 24
-49.4%
Capex Intensity
FCPT
FCPT
TSSI
TSSI
Q1 26
Q4 25
0.9%
Q3 25
15.3%
Q2 25
24.8%
Q1 25
15.0%
Q4 24
13.4%
Q3 24
0.1%
Q2 24
13.8%
Cash Conversion
FCPT
FCPT
TSSI
TSSI
Q1 26
Q4 25
6.53×
1.34×
Q3 25
1.70×
Q2 25
1.57×
11.02×
Q1 25
1.97×
6.93×
Q4 24
5.51×
-11.32×
Q3 24
1.70×
14.60×
Q2 24
1.61×
-3.09×

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%

TSSI
TSSI

Procurement Revenues Segment$43.2M71%
System Integration Services Segment$14.2M23%
Facilities Segment$3.5M6%

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