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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and Vitesse Energy, Inc. (VTS). 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 $58.6M, roughly 1.3× Vitesse Energy, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -1.3%, a 40.1% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs 4.8%). Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs -2.1%).
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.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
FCPT vs VTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $58.6M |
| Net Profit | $30.4M | $-739.0K |
| Gross Margin | — | — |
| Operating Margin | 55.3% | -12.0% |
| Net Margin | 38.8% | -1.3% |
| Revenue YoY | 9.4% | 4.8% |
| Net Profit YoY | 16.0% | 85.6% |
| EPS (diluted) | $0.28 | $-0.01 |
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 | $58.6M | ||
| Q3 25 | $74.1M | $67.4M | ||
| Q2 25 | $72.8M | $81.8M | ||
| Q1 25 | $71.5M | $66.2M | ||
| Q4 24 | $68.3M | $55.9M | ||
| Q3 24 | $66.8M | $58.3M | ||
| Q2 24 | $66.5M | $66.6M |
| Q1 26 | $30.4M | — | ||
| Q4 25 | $29.4M | $-739.0K | ||
| Q3 25 | $28.8M | $-1.3M | ||
| Q2 25 | $27.9M | $24.7M | ||
| Q1 25 | $26.2M | $2.7M | ||
| Q4 24 | $26.2M | $-5.1M | ||
| Q3 24 | $25.6M | $17.4M | ||
| Q2 24 | $24.7M | $10.9M |
| Q1 26 | 55.3% | — | ||
| Q4 25 | — | -12.0% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 22.8% | ||
| Q1 25 | — | 8.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 15.4% | ||
| Q2 24 | — | 25.2% |
| Q1 26 | 38.8% | — | ||
| Q4 25 | 38.9% | -1.3% | ||
| Q3 25 | 38.9% | -1.9% | ||
| Q2 25 | 38.3% | 30.2% | ||
| Q1 25 | 36.6% | 4.0% | ||
| Q4 24 | 38.3% | -9.2% | ||
| Q3 24 | 38.3% | 29.9% | ||
| Q2 24 | 37.1% | 16.4% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.27 | $-0.01 | ||
| Q3 25 | $0.28 | $-0.03 | ||
| Q2 25 | $0.28 | $0.60 | ||
| Q1 25 | $0.26 | $0.08 | ||
| Q4 24 | $0.27 | $-0.15 | ||
| Q3 24 | $0.27 | $0.53 | ||
| Q2 24 | $0.27 | $0.33 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $629.3M |
| Total Assets | $3.0B | $893.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.6M | — | ||
| Q4 25 | $12.1M | — | ||
| Q3 25 | $6.7M | — | ||
| Q2 25 | $6.0M | — | ||
| Q1 25 | $22.3M | $4.5M | ||
| Q4 24 | $4.1M | $3.0M | ||
| Q3 24 | $44.5M | — | ||
| Q2 24 | $17.2M | — |
| 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 | — |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.6B | $629.3M | ||
| Q3 25 | $1.5B | $650.3M | ||
| Q2 25 | $1.5B | $671.9M | ||
| Q1 25 | $1.4B | $667.7M | ||
| Q4 24 | $1.5B | $500.3M | ||
| Q3 24 | $1.4B | $520.4M | ||
| Q2 24 | $1.3B | $518.5M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $893.4M | ||
| Q3 25 | $2.8B | $932.9M | ||
| Q2 25 | $2.8B | $951.5M | ||
| Q1 25 | $2.7B | $975.2M | ||
| Q4 24 | $2.7B | $810.9M | ||
| Q3 24 | $2.6B | $791.2M | ||
| Q2 24 | $2.5B | $778.4M |
| 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 | — | $37.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $192.3M | $37.4M | ||
| Q3 25 | $48.9M | $49.4M | ||
| Q2 25 | $43.8M | $66.0M | ||
| Q1 25 | $51.6M | $17.5M | ||
| Q4 24 | $144.1M | $34.7M | ||
| Q3 24 | $43.4M | $45.7M | ||
| Q2 24 | $39.7M | $35.2M |
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.57× | 2.68× | ||
| Q1 25 | 1.97× | 6.56× | ||
| Q4 24 | 5.51× | — | ||
| Q3 24 | 1.70× | 2.62× | ||
| Q2 24 | 1.61× | 3.22× |
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% |
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |
