FCPT vs EPRT Stock Comparison

Four Corners Property Trust and Essential Properties Realty Trust Prices as of Oct 23, 2026 Peers: Industry group

Head to Head

11 decided of 12

Four Corners Property Trust leads on 6 of the 12 questions below (Four Corners Property Trust 6, Essential Properties Realty Trust 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFCPTEPRTLeader
Larger companyMarket capitalisation $2.45B $5.88B EPRT
Cheaper on earningsLower P/E, profitable companies only 20.7x 22.4x FCPT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.5x 19.2x EPRT
Faster revenue growthRevenue growth, trailing twelve months +9.6% +20.4% EPRT
More profitableNet margin, trailing twelve months 38.7% 41.0% EPRT
Better return on capitalReturn on invested capital 5.6% 5.2% FCPT
Less leveragedLower net debt / EBITDA 3.1x 5.1x FCPT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -10.1% -16.4% FCPT
Better 5-year returnAnnualised price return, 5 years -5.3%/yr -1.9%/yr EPRT
Less volatileAnnualised volatility, 1 year 19.9% 21.1% FCPT
Higher overall scoreMean of the five percentile scores vs peers 58/100 51/100 FCPT

Percentile Scorecard

FCPTEPRT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFCPTEPRT
Valuation 39 #89 of 145 17 #120 of 145
Growth 78 #32 of 144 83 #26 of 144
Profitability 68 #45 of 140 71 #41 of 140
Financial Health 87 #20 of 146 78 #33 of 146
Shareholder Returns 17 #110 of 132 5 #125 of 132
Overall 58 51
  • FCPT ranked among 149 companies in Property REITs
  • EPRT ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFCPTEPRTSPY
1 month -0.5%-0.8% -1.0%
3 months -15.1%-17.6% +2.9%
6 months -12.9%-15.2% +6.4%
Year to date -4.0%-10.1% +11.4%
1 year -10.1%-16.4% +13.1%
3 years +5.4%+27.3% +79.4%
3 years, per year +1.8%+8.4% +21.5%
5 years -23.8%-9.3% +67.7%
5 years, per year -5.3%-1.9% +10.9%
10 years +6.5%— +255.2%
10 years, per year +0.6%— +13.5%

Risk

MeasureFCPTEPRTSPY
Volatility, 1Y 19.9%21.1% 12.7%
Downside volatility, 1Y 19.8%21.6% 12.7%
Beta vs S&P 500, 1Y -0.10-0.30 1.00
Return / volatility, 1Y -0.51-0.77 1.03
Max drawdown, 5Y -31.3%-37.6% -25.4%
From 52-week high -16.4%-23.0% -2.5%
52-week high $26.49$34.59 $779.14
52-week low $21.03$24.88 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFCPTEPRT
P/E now vs peer median 20.4xmedian 27.0x 22.0xmedian 27.0x
P/S now vs peer median 7.9xmedian 4.1x 9.2xmedian 4.1x
EV/EBITDA now vs peer median 15.7xmedian 14.5x 15.4xmedian 14.5x
P/FCF now vs peer median -33.8xmedian 23.7x -8.8xmedian 23.7x
P/B now vs peer median 1.5xmedian 1.3x 1.3xmedian 1.3x
PEG now vs peer median 135.16median 2.07 10.65median 2.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFCPTEPRT
Revenue $306.40M $639.22M
Gross profit $262.29M –
Operating income $126.57M $387.32M
Net income $118.71M $263.37M
Free cash flow -$71.90M -$669.26M
EPS (diluted) $1.08 $1.20
Cash & equivalents $24.79M $25.22M
Total debt $2.50B $10.99B
Shares (diluted) 109.79M 219.12M
Enterprise value $2.38B $5.65B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFCPTEPRT
P/E 20.4x 22.0x
P/FCF -33.8x -8.8x
P/Operating cash flow 12.5x 13.6x
P/S 7.9x 9.2x
P/B 1.5x 1.3x
P/Tangible book 1.6x 1.3x
EV/EBITDA 15.7x 15.4x
EV/EBIT 24.0x 22.7x
EV/Revenue 9.9x 13.8x
EV/FCF -42.2x -13.2x
EV/Operating cash flow 15.6x 20.3x
PEG (3Y EPS CAGR) 135.16 10.65

Growth

14 metrics
MetricFCPTEPRT
Revenue growth (1Y) 9.6% 20.4%
Revenue CAGR (3Y) 9.4% 23.9%
Gross profit growth (1Y) 10.2% –
Gross profit CAGR (3Y) 10.3% –
Operating income growth (1Y) 10.7% 13.8%
Operating income CAGR (3Y) 12.1% 20.0%
Net income growth (1Y) 12.0% 9.3%
Net income CAGR (3Y) 8.0% 14.0%
EPS growth (1Y) 3.2% -0.4%
EPS CAGR (3Y) 0.2% 2.1%
Operating cash flow growth (1Y) 13.2% 19.3%
Operating cash flow CAGR (3Y) 6.3% 22.0%
Free cash flow growth (1Y) 60.4% 6.9%
Free cash flow CAGR (3Y) 32.1% -1.1%

Profitability

14 metrics
MetricFCPTEPRT
Gross margin 85.6% –
EBITDA margin 63.0% 89.6%
Operating margin 41.3% 60.6%
Pretax margin 24.0% 41.4%
Net margin 38.7% 41.0%
FCF margin -23.5% -104.7%
Operating cash flow margin 63.6% 67.8%
Return on equity 7.2% 5.8%
Return on assets 4.0% 3.5%
Return on invested capital 5.6% 5.2%
Return on capital employed – –
Asset turnover 0.1x 0.1x
Cash conversion (OCF / net income) 1.6x 1.6x
Stock comp / revenue 3.0% 2.3%

Financial Health

11 metrics
MetricFCPTEPRT
Debt / assets 21.1% 38.6%
Debt / equity 0.4x 0.6x
Net debt / EBITDA 3.1x 5.1x
Debt / FCF -8.8x -4.4x
Liabilities / assets 45.9% 40.4%
Equity / assets 54.1% 59.6%
Interest coverage 2.4x 3.1x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricFCPTEPRT
Dividend yield 6.6% 4.7%
Net buyback yield -8.3% -11.4%
Shareholder yield -1.7% -6.7%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFCPTEPRT
Forward P/E 20.5xFY2026 19.2xFY2026
EPS, next fiscal year $1.08FY2026 $1.39FY2026
EPS growth, next FY -0.9%FY2026 +8.6%FY2026
EPS growth, the year after +10.2% -10.1%
Revenue, next fiscal year $341.61MFY2026 $653.11MFY2026
Revenue growth, next FY +16.1%FY2026 +23.8%FY2026
Revenue growth, the year after -6.7% +3.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFCPTEPRT
Held by institutions 100.0% 100.0%
Institutions holding 350 377
Change in shares held, QoQ +0.4% +19.1%
Institutions buying 179 211
Institutions selling 98 113
Buyers to sellers 1.83 1.87

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FCPTEPRT
FCPT 1.00 0.79
EPRT 0.79 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FCPT and EPRT?

Essential Properties Realty Trust (EPRT) is the largest by market capitalisation: Four Corners Property Trust (FCPT) $2.45B, Essential Properties Realty Trust (EPRT) $5.88B.

Which stock is cheaper, FCPT and EPRT?

Four Corners Property Trust (FCPT) trades on the lowest price-to-earnings ratio (Four Corners Property Trust (FCPT) 20.7x, Essential Properties Realty Trust (EPRT) 22.4x). On next year's consensus earnings, Essential Properties Realty Trust (EPRT) is cheapest (Four Corners Property Trust (FCPT) 20.5x, Essential Properties Realty Trust (EPRT) 19.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Essential Properties Realty Trust (EPRT) grew revenue fastest over the trailing twelve months: Four Corners Property Trust (FCPT) +9.6%, Essential Properties Realty Trust (EPRT) +20.4%.

Which company is more profitable?

Essential Properties Realty Trust (EPRT) has the highest net margin (Four Corners Property Trust (FCPT) 38.7%, Essential Properties Realty Trust (EPRT) 41.0%). On return on invested capital, Four Corners Property Trust (FCPT) leads (Four Corners Property Trust (FCPT) 5.6%, Essential Properties Realty Trust (EPRT) 5.2%).

Which stock has performed better?

Over the past year Four Corners Property Trust (FCPT) returned the most: Four Corners Property Trust (FCPT) -10.1%, Essential Properties Realty Trust (EPRT) -16.4%. Over five years, Essential Properties Realty Trust (EPRT) compounded fastest (Four Corners Property Trust (FCPT) -5.3%/yr, Essential Properties Realty Trust (EPRT) -1.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Four Corners Property Trust (FCPT) has been the steadiest (Four Corners Property Trust (FCPT) 19.9%, Essential Properties Realty Trust (EPRT) 21.1%). Volatility measures how widely the price swings, not the risk of the business.

Do FCPT and EPRT move together?

Their daily returns over the past year have a correlation of 0.79, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, FCPT and EPRT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Four Corners Property Trust (FCPT) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.