vs
Fat Brands, Inc（FAT）与Four Corners Property Trust, Inc.（FCPT）财务数据对比。点击上方公司名可切换其他公司
Fat Brands, Inc的季度营收约是Four Corners Property Trust, Inc.的1.9倍（$140.0M vs $75.7M），Four Corners Property Trust, Inc.净利率更高（38.9% vs -41.6%，领先80.5%），Four Corners Property Trust, Inc.同比增速更快（10.7% vs -2.3%），过去两年Four Corners Property Trust, Inc.的营收复合增速更高（6.7% vs -6.1%）
FAT Brands是来自美国的多品牌餐饮与体育酒吧连锁运营商，总部位于加利福尼亚州比弗利山庄，主要开展餐饮品牌的连锁加盟运营业务，旗下涵盖多个餐饮及休闲体育酒吧品牌。
Four Corners Property Trust是一家上市房地产投资信托公司，核心业务为收购、持有及运营高品质净租赁商业地产，资产以美国各地的餐厅与零售物业为主，租户多为经营表现稳定的消费赛道企业。
FAT vs FCPT — 直观对比
营收规模更大
FAT
是对方的1.9倍
$75.7M
营收增速更快
FCPT
高出13.1%
-2.3%
净利率更高
FCPT
高出80.5%
-41.6%
两年增速更快
FCPT
近两年复合增速
-6.1%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $140.0M | $75.7M |
| 净利润 | $-58.2M | $29.4M |
| 毛利率 | — | — |
| 营业利润率 | -12.4% | — |
| 净利率 | -41.6% | 38.9% |
| 营收同比 | -2.3% | 10.7% |
| 净利润同比 | -30.1% | 12.5% |
| 每股收益（稀释后） | $-3.39 | $0.27 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FATFCPT
| Q4 25 | — | $75.7M | ||
| Q3 25 | $140.0M | $74.1M | ||
| Q2 25 | $146.8M | $72.8M | ||
| Q1 25 | $142.0M | $71.5M | ||
| Q4 24 | $145.3M | $68.3M | ||
| Q3 24 | $143.4M | $66.8M | ||
| Q2 24 | $152.0M | $66.5M | ||
| Q1 24 | $152.0M | $66.5M |
净利润FATFCPT
| Q4 25 | — | $29.4M | ||
| Q3 25 | $-58.2M | $28.8M | ||
| Q2 25 | $-54.2M | $27.9M | ||
| Q1 25 | $-46.0M | $26.2M | ||
| Q4 24 | $-67.4M | $26.2M | ||
| Q3 24 | $-44.8M | $25.6M | ||
| Q2 24 | $-39.4M | $24.7M | ||
| Q1 24 | $-38.3M | $24.0M |
营业利润率FATFCPT
| Q4 25 | — | — | ||
| Q3 25 | -12.4% | — | ||
| Q2 25 | -10.6% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | -27.1% | — | ||
| Q3 24 | -6.2% | — | ||
| Q2 24 | -1.8% | — | ||
| Q1 24 | -0.9% | — |
净利率FATFCPT
| Q4 25 | — | 38.9% | ||
| Q3 25 | -41.6% | 38.9% | ||
| Q2 25 | -36.9% | 38.3% | ||
| Q1 25 | -32.4% | 36.6% | ||
| Q4 24 | -46.4% | 38.3% | ||
| Q3 24 | -31.2% | 38.3% | ||
| Q2 24 | -25.9% | 37.1% | ||
| Q1 24 | -25.2% | 36.2% |
每股收益（稀释后）FATFCPT
| Q4 25 | — | $0.27 | ||
| Q3 25 | $-3.39 | $0.28 | ||
| Q2 25 | $-3.17 | $0.28 | ||
| Q1 25 | $-2.73 | $0.26 | ||
| Q4 24 | $-4.06 | $0.27 | ||
| Q3 24 | $-2.74 | $0.27 | ||
| Q2 24 | $-2.43 | $0.27 | ||
| Q1 24 | $-2.37 | $0.26 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $12.1M |
| 总债务越低越好 | $1.3B | $1.2B |
| 股东权益账面价值 | $-585.8M | $1.6B |
| 总资产 | $1.2B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资FATFCPT
| Q4 25 | — | $12.1M | ||
| Q3 25 | — | $6.7M | ||
| Q2 25 | — | $6.0M | ||
| Q1 25 | — | $22.3M | ||
| Q4 24 | — | $4.1M | ||
| Q3 24 | — | $44.5M | ||
| Q2 24 | — | $17.2M | ||
| Q1 24 | — | $26.1M |
总债务FATFCPT
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.3B | $1.1B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.1B |
股东权益FATFCPT
| Q4 25 | — | $1.6B | ||
| Q3 25 | $-585.8M | $1.5B | ||
| Q2 25 | $-536.5M | $1.5B | ||
| Q1 25 | $-493.9M | $1.4B | ||
| Q4 24 | $-455.7M | $1.5B | ||
| Q3 24 | $-386.1M | $1.4B | ||
| Q2 24 | $-338.6M | $1.3B | ||
| Q1 24 | $-296.8M | $1.3B |
总资产FATFCPT
| Q4 25 | — | $2.9B | ||
| Q3 25 | $1.2B | $2.8B | ||
| Q2 25 | $1.2B | $2.8B | ||
| Q1 25 | $1.3B | $2.7B | ||
| Q4 24 | $1.3B | $2.7B | ||
| Q3 24 | $1.3B | $2.6B | ||
| Q2 24 | $1.4B | $2.5B | ||
| Q1 24 | $1.4B | $2.5B |
负债/权益比FATFCPT
| 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× | ||
| Q1 24 | — | 0.89× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-14.5M | $192.3M |
| 自由现金流经营现金流 - 资本支出 | $-16.9M | — |
| 自由现金流率自由现金流/营收 | -12.1% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | — | 6.53× |
| 过去12个月自由现金流最近4个季度 | $-75.0M | — |
8季度趋势，按日历期对齐
经营现金流FATFCPT
| Q4 25 | — | $192.3M | ||
| Q3 25 | $-14.5M | $48.9M | ||
| Q2 25 | $-26.9M | $43.8M | ||
| Q1 25 | $-13.2M | $51.6M | ||
| Q4 24 | $-10.4M | $144.1M | ||
| Q3 24 | $-3.2M | $43.4M | ||
| Q2 24 | $-14.2M | $39.7M | ||
| Q1 24 | $-28.4M | $27.6M |
自由现金流FATFCPT
| Q4 25 | — | — | ||
| Q3 25 | $-16.9M | — | ||
| Q2 25 | $-29.3M | — | ||
| Q1 25 | $-17.8M | — | ||
| Q4 24 | $-11.0M | — | ||
| Q3 24 | $-11.1M | — | ||
| Q2 24 | $-24.4M | — | ||
| Q1 24 | $-32.5M | — |
自由现金流率FATFCPT
| Q4 25 | — | — | ||
| Q3 25 | -12.1% | — | ||
| Q2 25 | -20.0% | — | ||
| Q1 25 | -12.5% | — | ||
| Q4 24 | -7.6% | — | ||
| Q3 24 | -7.7% | — | ||
| Q2 24 | -16.1% | — | ||
| Q1 24 | -21.4% | — |
资本支出强度FATFCPT
| Q4 25 | — | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | 6.7% | — | ||
| Q1 24 | 2.7% | — |
现金转化率FATFCPT
| 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× | ||
| Q1 24 | — | 1.15× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
FCPT
暂无分部数据
