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Side-by-side financial comparison of Innovex International, Inc. (INVX) and MEDICAL PROPERTIES TRUST INC (MPW). Click either name above to swap in a different company.
Innovex International, Inc. is the larger business by last-quarter revenue ($273.6M vs $270.3M, roughly 1.0× MEDICAL PROPERTIES TRUST INC). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs 5.1%, a 1.4% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 9.1%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs -0.2%).
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...
INVX vs MPW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $273.6M | $270.3M |
| Net Profit | $14.0M | $17.6M |
| Gross Margin | 28.9% | 95.8% |
| Operating Margin | 9.4% | 9.7% |
| Net Margin | 5.1% | 6.5% |
| Revenue YoY | 9.1% | 16.6% |
| Net Profit YoY | -56.1% | 104.3% |
| EPS (diluted) | $0.20 | $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.
| Q4 25 | $273.6M | $270.3M | ||
| Q3 25 | $240.0M | $237.5M | ||
| Q2 25 | $224.2M | $240.4M | ||
| Q1 25 | $240.4M | $223.8M | ||
| Q4 24 | $250.7M | $231.8M | ||
| Q3 24 | $151.8M | $225.8M | ||
| Q2 24 | $130.3M | $266.6M | ||
| Q1 24 | $128.0M | $271.3M |
| Q4 25 | $14.0M | $17.6M | ||
| Q3 25 | $39.2M | $-77.7M | ||
| Q2 25 | $15.3M | $-98.4M | ||
| Q1 25 | $14.8M | $-118.3M | ||
| Q4 24 | $31.8M | $-412.3M | ||
| Q3 24 | $82.6M | $-801.2M | ||
| Q2 24 | $9.5M | $-320.6M | ||
| Q1 24 | $16.4M | $-875.6M |
| Q4 25 | 28.9% | 95.8% | ||
| Q3 25 | 31.6% | — | ||
| Q2 25 | 32.0% | 91.8% | ||
| Q1 25 | 31.8% | 63.6% | ||
| Q4 24 | 33.9% | 90.9% | ||
| Q3 24 | 34.7% | 96.5% | ||
| Q2 24 | 35.3% | 98.4% | ||
| Q1 24 | 38.4% | 84.9% |
| Q4 25 | 9.4% | 9.7% | ||
| Q3 25 | 26.0% | -28.0% | ||
| Q2 25 | 10.1% | -36.7% | ||
| Q1 25 | 9.1% | -48.5% | ||
| Q4 24 | 10.7% | -173.7% | ||
| Q3 24 | -8.7% | -350.7% | ||
| Q2 24 | 10.0% | -114.5% | ||
| Q1 24 | 17.4% | -318.6% |
| Q4 25 | 5.1% | 6.5% | ||
| Q3 25 | 16.3% | -32.7% | ||
| Q2 25 | 6.8% | -40.9% | ||
| Q1 25 | 6.1% | -52.8% | ||
| Q4 24 | 12.7% | -177.8% | ||
| Q3 24 | 54.4% | -354.8% | ||
| Q2 24 | 7.3% | -120.3% | ||
| Q1 24 | 12.8% | -322.7% |
| Q4 25 | $0.20 | $0.03 | ||
| Q3 25 | $0.57 | $-0.13 | ||
| Q2 25 | $0.22 | $-0.16 | ||
| Q1 25 | $0.21 | $-0.20 | ||
| Q4 24 | $-0.03 | $-0.68 | ||
| Q3 24 | $1.99 | $-1.34 | ||
| Q2 24 | $0.30 | $-0.54 | ||
| Q1 24 | $0.51 | $-1.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $540.9M |
| Total DebtLower is stronger | $18.9M | $9.7B |
| Stockholders' EquityBook value | $1.1B | $4.6B |
| Total Assets | $1.3B | $15.0B |
| Debt / EquityLower = less leverage | 0.02× | 2.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $540.9M | ||
| Q3 25 | — | $396.6M | ||
| Q2 25 | — | $509.8M | ||
| Q1 25 | — | $673.5M | ||
| Q4 24 | — | $332.3M | ||
| Q3 24 | — | $275.6M | ||
| Q2 24 | $185.6M | $606.5M | ||
| Q1 24 | $202.2M | $224.3M |
| Q4 25 | $18.9M | $9.7B | ||
| Q3 25 | $20.1M | $9.6B | ||
| Q2 25 | $34.8M | $9.6B | ||
| Q1 25 | $19.7M | $9.5B | ||
| Q4 24 | $24.9M | $8.8B | ||
| Q3 24 | $12.4M | $9.2B | ||
| Q2 24 | — | $9.4B | ||
| Q1 24 | — | $10.1B |
| Q4 25 | $1.1B | $4.6B | ||
| Q3 25 | $1.0B | $4.7B | ||
| Q2 25 | $995.6M | $4.8B | ||
| Q1 25 | $978.4M | $4.8B | ||
| Q4 24 | $958.2M | $4.8B | ||
| Q3 24 | $904.4M | $5.4B | ||
| Q2 24 | $352.5M | $6.2B | ||
| Q1 24 | $344.3M | $6.7B |
| Q4 25 | $1.3B | $15.0B | ||
| Q3 25 | $1.3B | $14.9B | ||
| Q2 25 | $1.2B | $15.2B | ||
| Q1 25 | $1.2B | $14.9B | ||
| Q4 24 | $1.2B | $14.3B | ||
| Q3 24 | $1.1B | $15.2B | ||
| Q2 24 | $1.0B | $16.2B | ||
| Q1 24 | $1.0B | $17.3B |
| Q4 25 | 0.02× | 2.11× | ||
| Q3 25 | 0.02× | 2.06× | ||
| Q2 25 | 0.03× | 2.00× | ||
| Q1 25 | 0.02× | 1.99× | ||
| Q4 24 | 0.03× | 1.83× | ||
| Q3 24 | 0.01× | 1.69× | ||
| Q2 24 | — | 1.51× | ||
| Q1 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $52.2M | $230.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.74× | 13.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.2M | $230.8M | ||
| Q3 25 | $48.4M | $18.6M | ||
| Q2 25 | $59.2M | $51.7M | ||
| Q1 25 | $31.1M | $384.0K | ||
| Q4 24 | $36.3M | $245.5M | ||
| Q3 24 | $21.7M | $59.2M | ||
| Q2 24 | $22.8M | $35.3M | ||
| Q1 24 | $12.6M | $74.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $16.6M | — | ||
| Q1 24 | $7.8M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 12.7% | — | ||
| Q1 24 | 6.1% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 3.7% | — |
| Q4 25 | 3.74× | 13.11× | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | 1.14× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 2.39× | — | ||
| Q1 24 | 0.77× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INVX
| Products | $202.7M | 74% |
| Leasing | $42.3M | 15% |
| Services | $28.6M | 10% |
MPW
Segment breakdown not available.
