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Side-by-side financial comparison of EXPONENT INC (EXPO) and MEDICAL PROPERTIES TRUST INC (MPW). Click either name above to swap in a different company.

MEDICAL PROPERTIES TRUST INC is the larger business by last-quarter revenue ($270.3M vs $166.3M, roughly 1.6× EXPONENT INC). EXPONENT INC runs the higher net margin — 17.8% vs 6.5%, a 11.3% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 14.3%). Over the past eight quarters, EXPONENT INC's revenue compounded faster (8.8% CAGR vs -0.2%).

Exponent, Inc. is an American engineering and scientific consulting firm. Exponent has a team of scientists, physicians, engineers, and business consultants which performs research and analysis in more than 90 technical disciplines. The company operates 20 offices in the United States and five offices overseas.

Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...

EXPO vs MPW — Head-to-Head

Bigger by revenue
MPW
MPW
1.6× larger
MPW
$270.3M
$166.3M
EXPO
Growing faster (revenue YoY)
MPW
MPW
+2.3% gap
MPW
16.6%
14.3%
EXPO
Higher net margin
EXPO
EXPO
11.3% more per $
EXPO
17.8%
6.5%
MPW
Faster 2-yr revenue CAGR
EXPO
EXPO
Annualised
EXPO
8.8%
-0.2%
MPW

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
EXPO
EXPO
MPW
MPW
Revenue
$166.3M
$270.3M
Net Profit
$29.6M
$17.6M
Gross Margin
95.8%
Operating Margin
24.9%
9.7%
Net Margin
17.8%
6.5%
Revenue YoY
14.3%
16.6%
Net Profit YoY
11.0%
104.3%
EPS (diluted)
$0.59
$0.03

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.

Revenue
EXPO
EXPO
MPW
MPW
Q1 26
$166.3M
Q4 25
$147.1M
$270.3M
Q3 25
$142.0M
$237.5M
Q2 25
$145.5M
$240.4M
Q1 25
$136.8M
$223.8M
Q4 24
$231.8M
Q3 24
$136.3M
$225.8M
Q2 24
$140.5M
$266.6M
Net Profit
EXPO
EXPO
MPW
MPW
Q1 26
$29.6M
Q4 25
$28.0M
$17.6M
Q3 25
$26.6M
$-77.7M
Q2 25
$26.6M
$-98.4M
Q1 25
$23.6M
$-118.3M
Q4 24
$-412.3M
Q3 24
$26.0M
$-801.2M
Q2 24
$29.2M
$-320.6M
Gross Margin
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
95.8%
Q3 25
Q2 25
91.8%
Q1 25
63.6%
Q4 24
90.9%
Q3 24
96.5%
Q2 24
98.4%
Operating Margin
EXPO
EXPO
MPW
MPW
Q1 26
24.9%
Q4 25
19.7%
9.7%
Q3 25
12.1%
-28.0%
Q2 25
30.5%
-36.7%
Q1 25
19.9%
-48.5%
Q4 24
-173.7%
Q3 24
19.0%
-350.7%
Q2 24
25.4%
-114.5%
Net Margin
EXPO
EXPO
MPW
MPW
Q1 26
17.8%
Q4 25
19.1%
6.5%
Q3 25
18.7%
-32.7%
Q2 25
18.3%
-40.9%
Q1 25
17.2%
-52.8%
Q4 24
-177.8%
Q3 24
19.1%
-354.8%
Q2 24
20.8%
-120.3%
EPS (diluted)
EXPO
EXPO
MPW
MPW
Q1 26
$0.59
Q4 25
$0.55
$0.03
Q3 25
$0.52
$-0.13
Q2 25
$0.52
$-0.16
Q1 25
$0.45
$-0.20
Q4 24
$-0.68
Q3 24
$0.50
$-1.34
Q2 24
$0.57
$-0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPO
EXPO
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$118.6M
$540.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$338.3M
$4.6B
Total Assets
$687.4M
$15.0B
Debt / EquityLower = less leverage
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPO
EXPO
MPW
MPW
Q1 26
$118.6M
Q4 25
$207.4M
$540.9M
Q3 25
$231.8M
$396.6M
Q2 25
$245.1M
$509.8M
Q1 25
$258.9M
$673.5M
Q4 24
$332.3M
Q3 24
$219.7M
$275.6M
Q2 24
$203.3M
$606.5M
Total Debt
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
$9.7B
Q3 25
$9.6B
Q2 25
$9.6B
Q1 25
$9.5B
Q4 24
$8.8B
Q3 24
$9.2B
Q2 24
$9.4B
Stockholders' Equity
EXPO
EXPO
MPW
MPW
Q1 26
$338.3M
Q4 25
$402.9M
$4.6B
Q3 25
$427.8M
$4.7B
Q2 25
$441.4M
$4.8B
Q1 25
$421.1M
$4.8B
Q4 24
$4.8B
Q3 24
$410.3M
$5.4B
Q2 24
$393.2M
$6.2B
Total Assets
EXPO
EXPO
MPW
MPW
Q1 26
$687.4M
Q4 25
$761.4M
$15.0B
Q3 25
$759.4M
$14.9B
Q2 25
$763.2M
$15.2B
Q1 25
$777.3M
$14.9B
Q4 24
$14.3B
Q3 24
$744.1M
$15.2B
Q2 24
$709.2M
$16.2B
Debt / Equity
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
2.11×
Q3 25
2.06×
Q2 25
2.00×
Q1 25
1.99×
Q4 24
1.83×
Q3 24
1.69×
Q2 24
1.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPO
EXPO
MPW
MPW
Operating Cash FlowLast quarter
$230.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
$32.7M
$230.8M
Q3 25
$36.2M
$18.6M
Q2 25
$7.3M
$51.7M
Q1 25
$56.1M
$384.0K
Q4 24
$245.5M
Q3 24
$29.7M
$59.2M
Q2 24
$48.3M
$35.3M
Free Cash Flow
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
$30.0M
Q3 25
$33.9M
Q2 25
$5.5M
Q1 25
$53.5M
Q4 24
Q3 24
$28.0M
Q2 24
$47.2M
FCF Margin
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
20.4%
Q3 25
23.9%
Q2 25
3.8%
Q1 25
39.1%
Q4 24
Q3 24
20.5%
Q2 24
33.6%
Capex Intensity
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
1.8%
Q3 25
1.6%
Q2 25
1.2%
Q1 25
1.9%
Q4 24
Q3 24
1.3%
Q2 24
0.8%
Cash Conversion
EXPO
EXPO
MPW
MPW
Q1 26
Q4 25
1.16×
13.11×
Q3 25
1.36×
Q2 25
0.27×
Q1 25
2.38×
Q4 24
Q3 24
1.14×
Q2 24
1.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPO
EXPO

Revenues before reimbursements$151.8M91%
Reimbursements$14.5M9%

MPW
MPW

Segment breakdown not available.

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