vs

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

Hillman Solutions Corp. is the larger business by last-quarter revenue ($370.1M vs $270.3M, roughly 1.4× MEDICAL PROPERTIES TRUST INC). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs -1.3%, a 7.8% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 3.0%). Over the past eight quarters, MEDICAL PROPERTIES TRUST INC's revenue compounded faster (-0.2% CAGR vs -1.2%).

Hillman Solutions is an American hardware manufacturing, distribution and consumer fabrication services company.

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...

HLMN vs MPW — Head-to-Head

Bigger by revenue
HLMN
HLMN
1.4× larger
HLMN
$370.1M
$270.3M
MPW
Growing faster (revenue YoY)
MPW
MPW
+13.6% gap
MPW
16.6%
3.0%
HLMN
Higher net margin
MPW
MPW
7.8% more per $
MPW
6.5%
-1.3%
HLMN
Faster 2-yr revenue CAGR
MPW
MPW
Annualised
MPW
-0.2%
-1.2%
HLMN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HLMN
HLMN
MPW
MPW
Revenue
$370.1M
$270.3M
Net Profit
$-4.7M
$17.6M
Gross Margin
95.8%
Operating Margin
1.9%
9.7%
Net Margin
-1.3%
6.5%
Revenue YoY
3.0%
16.6%
Net Profit YoY
104.3%
EPS (diluted)
$-0.02
$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
HLMN
HLMN
MPW
MPW
Q1 26
$370.1M
Q4 25
$365.1M
$270.3M
Q3 25
$424.9M
$237.5M
Q2 25
$402.8M
$240.4M
Q1 25
$359.3M
$223.8M
Q4 24
$349.6M
$231.8M
Q3 24
$393.3M
$225.8M
Q2 24
$379.4M
$266.6M
Net Profit
HLMN
HLMN
MPW
MPW
Q1 26
$-4.7M
Q4 25
$1.6M
$17.6M
Q3 25
$23.2M
$-77.7M
Q2 25
$15.8M
$-98.4M
Q1 25
$-317.0K
$-118.3M
Q4 24
$-1.2M
$-412.3M
Q3 24
$7.4M
$-801.2M
Q2 24
$12.5M
$-320.6M
Gross Margin
HLMN
HLMN
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
HLMN
HLMN
MPW
MPW
Q1 26
1.9%
Q4 25
4.6%
9.7%
Q3 25
10.8%
-28.0%
Q2 25
9.0%
-36.7%
Q1 25
4.2%
-48.5%
Q4 24
4.0%
-173.7%
Q3 24
6.8%
-350.7%
Q2 24
8.3%
-114.5%
Net Margin
HLMN
HLMN
MPW
MPW
Q1 26
-1.3%
Q4 25
0.4%
6.5%
Q3 25
5.5%
-32.7%
Q2 25
3.9%
-40.9%
Q1 25
-0.1%
-52.8%
Q4 24
-0.3%
-177.8%
Q3 24
1.9%
-354.8%
Q2 24
3.3%
-120.3%
EPS (diluted)
HLMN
HLMN
MPW
MPW
Q1 26
$-0.02
Q4 25
$0.00
$0.03
Q3 25
$0.12
$-0.13
Q2 25
$0.08
$-0.16
Q1 25
$0.00
$-0.20
Q4 24
$-0.00
$-0.68
Q3 24
$0.04
$-1.34
Q2 24
$0.06
$-0.54

Balance Sheet & Financial Strength

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

Metric
HLMN
HLMN
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$27.7M
$540.9M
Total DebtLower is stronger
$714.1M
$9.7B
Stockholders' EquityBook value
$1.2B
$4.6B
Total Assets
$2.4B
$15.0B
Debt / EquityLower = less leverage
0.59×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLMN
HLMN
MPW
MPW
Q1 26
$27.7M
Q4 25
$27.3M
$540.9M
Q3 25
$37.7M
$396.6M
Q2 25
$34.2M
$509.8M
Q1 25
$36.3M
$673.5M
Q4 24
$44.5M
$332.3M
Q3 24
$59.8M
$275.6M
Q2 24
$54.0M
$606.5M
Total Debt
HLMN
HLMN
MPW
MPW
Q1 26
$714.1M
Q4 25
$668.3M
$9.7B
Q3 25
$683.2M
$9.6B
Q2 25
$683.1M
$9.6B
Q1 25
$713.5M
$9.5B
Q4 24
$691.7M
$8.8B
Q3 24
$730.7M
$9.2B
Q2 24
$732.1M
$9.4B
Stockholders' Equity
HLMN
HLMN
MPW
MPW
Q1 26
$1.2B
Q4 25
$1.2B
$4.6B
Q3 25
$1.2B
$4.7B
Q2 25
$1.2B
$4.8B
Q1 25
$1.2B
$4.8B
Q4 24
$1.2B
$4.8B
Q3 24
$1.2B
$5.4B
Q2 24
$1.2B
$6.2B
Total Assets
HLMN
HLMN
MPW
MPW
Q1 26
$2.4B
Q4 25
$2.4B
$15.0B
Q3 25
$2.4B
$14.9B
Q2 25
$2.4B
$15.2B
Q1 25
$2.3B
$14.9B
Q4 24
$2.3B
$14.3B
Q3 24
$2.4B
$15.2B
Q2 24
$2.4B
$16.2B
Debt / Equity
HLMN
HLMN
MPW
MPW
Q1 26
0.59×
Q4 25
0.54×
2.11×
Q3 25
0.56×
2.06×
Q2 25
0.57×
2.00×
Q1 25
0.60×
1.99×
Q4 24
0.59×
1.83×
Q3 24
0.62×
1.69×
Q2 24
0.62×
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
HLMN
HLMN
MPW
MPW
Operating Cash FlowLast quarter
$230.8M
Free Cash FlowOCF − Capex
$-34.3M
FCF MarginFCF / Revenue
-9.3%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters
$22.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLMN
HLMN
MPW
MPW
Q1 26
Q4 25
$30.9M
$230.8M
Q3 25
$26.2M
$18.6M
Q2 25
$48.7M
$51.7M
Q1 25
$-655.0K
$384.0K
Q4 24
$43.1M
$245.5M
Q3 24
$63.7M
$59.2M
Q2 24
$64.8M
$35.3M
Free Cash Flow
HLMN
HLMN
MPW
MPW
Q1 26
$-34.3M
Q4 25
$16.1M
Q3 25
$9.1M
Q2 25
$31.2M
Q1 25
$-21.3M
Q4 24
$22.1M
Q3 24
$39.6M
Q2 24
$42.5M
FCF Margin
HLMN
HLMN
MPW
MPW
Q1 26
-9.3%
Q4 25
4.4%
Q3 25
2.1%
Q2 25
7.7%
Q1 25
-5.9%
Q4 24
6.3%
Q3 24
10.1%
Q2 24
11.2%
Capex Intensity
HLMN
HLMN
MPW
MPW
Q1 26
4.0%
Q4 25
4.0%
Q3 25
4.0%
Q2 25
4.3%
Q1 25
5.7%
Q4 24
6.0%
Q3 24
6.1%
Q2 24
5.9%
Cash Conversion
HLMN
HLMN
MPW
MPW
Q1 26
Q4 25
19.33×
13.11×
Q3 25
1.13×
Q2 25
3.08×
Q1 25
Q4 24
Q3 24
8.57×
Q2 24
5.17×

Financial Flow Comparison

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

Related Comparisons