Four Corners Property Trust, In — Earnings Quality Grade F
FCPT · Real Estate
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 7 days, change +2 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 9.7%, CFFO 33.4%. Cash follows revenue
Expense Quality
Inventory 11.3% vs COGS 5.9%. Normal
Insufficient data
SG&A/Gross Profit = 10.7%, excellent (<30%)
Gross margin 85.4%, change +0.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.71. Profits backed by cash
FCF $0.2B, FCF/NI = 1.71
Accruals ratio = -2.7%. Low accruals
Cash $0.0B covers only 1% of debt $1.2B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 8% of equity. Manageable
Debt/EBITDA = 5.4x (>4x). Financial stress
Other assets 5.4% vs revenue 9.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 5% YoY. Normal
Manipulation Score
M-Score = -2.04 (grey zone)
Portfolio monitoring
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Beneish M-Score
Altman Z-Score — Not Applicable
Four Corners Property Trust, In is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25