Medical Properties Trust Inc (MPW) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Medical Properties Trust reported revenue of $972.0M, down 2.4% from $995.5M the year before. Net income was -$277.0M (a -28.5% net margin), or -$0.46 per diluted share. Gross margin was 90.7% and operating margin was 50.0%. Operating activities generated $230.8M of cash. At fiscal year end, Medical Properties Trust held $15.00B in total assets against $10.39B in total liabilities, including $540.9M of cash and equivalents.
Open the full interactive Medical Properties Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Medical Properties Trust Key Stats
| Share Price | $3.13 |
|---|---|
| Market Cap | $1.87B |
| Revenue YoY Growth | -2.4% |
| 52-Week Range | $3.13 – $5.66 |
| Shares Outstanding | 598.0 million (basic, 2026 Q2) |
Medical Properties Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.25B | $1.54B | $1.54B | $871.8M | $995.5M | $972.0M |
| Cost of Goods Sold | $30.1M | $101.4M | $167.4M | $110.1M | $74.2M | $90.3M |
| Gross Profit | $1.22B | $1.44B | $1.38B | $761.7M | $921.4M | $881.7M |
| Operating Income | $823.2M | $976.3M | $882.0M | $12.8M | $339.9M | $485.9M |
| Pre-Tax Income | $463.3M | $730.9M | $959.7M | -$686.8M | -$2.36B | -$237.3M |
| Income Tax | $31.1M | $73.9M | $55.9M | -$130.7M | $44.1M | $38.6M |
| Net Income | $431.4M | $656.0M | $902.6M | -$556.5M | -$2.41B | -$277.0M |
| Diluted EPS | $0.81 | $1.11 | $1.50 | -$0.93 | -$4.02 | -$0.46 |
Medical Properties Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $237.5M | $270.3M | $252.1M | $259.3M |
| Net Income | -$77.7M | $17.3M | $32.8M | -$2.6M |
| Diluted EPS | -$0.13 | $0.03 | $0.05 | -$0.01 |
Medical Properties Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $549.9M | $459.2M | $235.7M | $250.0M | $332.3M | $540.9M |
| Total Assets | $16.83B | $20.52B | $19.66B | $18.30B | $14.29B | $15.00B |
| Total Long-Term Debt | $8.87B | $11.28B | $10.27B | $10.06B | $8.85B | $9.70B |
| Total Liabilities | $9.49B | $12.07B | $11.06B | $10.67B | $9.46B | $10.39B |
| Shareholders' Equity | $7.34B | $8.44B | $8.59B | $7.63B | $4.83B | $4.61B |
Medical Properties Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $617.6M | $811.7M | $739.0M | $505.8M | $245.5M | $230.8M |
| Cash From Investing | -$2.95B | -$3.86B | $396.1M | $517.6M | $1.32B | -$264.7M |
| Cash From Financing | $1.40B | $2.95B | -$1.34B | -$1.02B | -$1.48B | $228.1M |
Figures from Medical Properties Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Medical Properties Trust financials page for every line item.
Medical Properties Trust Company Profile
| Ticker | MPW |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Birmingham, Alabama |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001287865 |
Frequently Asked Questions
What was Medical Properties Trust's revenue in fiscal 2025?
Medical Properties Trust (MPW) reported revenue of $972.0M for fiscal 2025.
What is Medical Properties Trust's annual revenue history?
Medical Properties Trust's annual revenue by fiscal year: 2020: $1.25B; 2021: $1.54B; 2022: $1.54B; 2023: $871.8M; 2024: $995.5M; 2025: $972.0M.
What was Medical Properties Trust's net income in fiscal 2025?
Medical Properties Trust reported net income of -$277.0M for fiscal 2025.
What was Medical Properties Trust's earnings per share (EPS) in fiscal 2025?
Medical Properties Trust's diluted EPS was -$0.46 for fiscal 2025 (adjusted for any later stock splits).
What was Medical Properties Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Medical Properties Trust reported revenue of $259.3M.
How much debt does Medical Properties Trust have?
Medical Properties Trust reported $9.70B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Medical Properties Trust are outstanding?
Medical Properties Trust reported a weighted average of 598.0 million basic shares outstanding in 2026 Q2.
What is Medical Properties Trust's market cap?
Based on its latest closing price, Medical Properties Trust (MPW) has a market capitalization of about $1.87B.
When does Medical Properties Trust's fiscal year end?
Medical Properties Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Medical Properties Trust headquartered?
Medical Properties Trust lists its business address in Birmingham, Alabama in its SEC filings.