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

MediaAlpha, Inc. is the larger business by last-quarter revenue ($291.2M vs $270.3M, roughly 1.1× MEDICAL PROPERTIES TRUST INC). MediaAlpha, Inc. runs the higher net margin — 10.8% vs 6.5%, a 4.3% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs -3.2%). Over the past eight quarters, MediaAlpha, Inc.'s revenue compounded faster (51.6% CAGR vs -0.2%).

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

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...

MAX vs MPW — Head-to-Head

Bigger by revenue
MAX
MAX
1.1× larger
MAX
$291.2M
$270.3M
MPW
Growing faster (revenue YoY)
MPW
MPW
+19.8% gap
MPW
16.6%
-3.2%
MAX
Higher net margin
MAX
MAX
4.3% more per $
MAX
10.8%
6.5%
MPW
Faster 2-yr revenue CAGR
MAX
MAX
Annualised
MAX
51.6%
-0.2%
MPW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAX
MAX
MPW
MPW
Revenue
$291.2M
$270.3M
Net Profit
$31.4M
$17.6M
Gross Margin
15.4%
95.8%
Operating Margin
7.7%
9.7%
Net Margin
10.8%
6.5%
Revenue YoY
-3.2%
16.6%
Net Profit YoY
576.9%
104.3%
EPS (diluted)
$0.50
$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
MAX
MAX
MPW
MPW
Q4 25
$291.2M
$270.3M
Q3 25
$306.5M
$237.5M
Q2 25
$251.6M
$240.4M
Q1 25
$264.3M
$223.8M
Q4 24
$300.6M
$231.8M
Q3 24
$259.1M
$225.8M
Q2 24
$178.3M
$266.6M
Q1 24
$126.6M
$271.3M
Net Profit
MAX
MAX
MPW
MPW
Q4 25
$31.4M
$17.6M
Q3 25
$14.9M
$-77.7M
Q2 25
$-18.7M
$-98.4M
Q1 25
$-1.9M
$-118.3M
Q4 24
$4.6M
$-412.3M
Q3 24
$9.5M
$-801.2M
Q2 24
$3.6M
$-320.6M
Q1 24
$-1.1M
$-875.6M
Gross Margin
MAX
MAX
MPW
MPW
Q4 25
15.4%
95.8%
Q3 25
14.2%
Q2 25
15.0%
91.8%
Q1 25
15.8%
63.6%
Q4 24
16.3%
90.9%
Q3 24
15.1%
96.5%
Q2 24
17.8%
98.4%
Q1 24
18.7%
84.9%
Operating Margin
MAX
MAX
MPW
MPW
Q4 25
7.7%
9.7%
Q3 25
6.4%
-28.0%
Q2 25
-8.0%
-36.7%
Q1 25
0.0%
-48.5%
Q4 24
6.1%
-173.7%
Q3 24
6.0%
-350.7%
Q2 24
3.6%
-114.5%
Q1 24
1.9%
-318.6%
Net Margin
MAX
MAX
MPW
MPW
Q4 25
10.8%
6.5%
Q3 25
4.9%
-32.7%
Q2 25
-7.4%
-40.9%
Q1 25
-0.7%
-52.8%
Q4 24
1.5%
-177.8%
Q3 24
3.7%
-354.8%
Q2 24
2.0%
-120.3%
Q1 24
-0.9%
-322.7%
EPS (diluted)
MAX
MAX
MPW
MPW
Q4 25
$0.50
$0.03
Q3 25
$0.26
$-0.13
Q2 25
$-0.33
$-0.16
Q1 25
$-0.04
$-0.20
Q4 24
$0.09
$-0.68
Q3 24
$0.17
$-1.34
Q2 24
$0.07
$-0.54
Q1 24
$-0.02
$-1.46

Balance Sheet & Financial Strength

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

Metric
MAX
MAX
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$46.9M
$540.9M
Total DebtLower is stronger
$153.4M
$9.7B
Stockholders' EquityBook value
$4.2M
$4.6B
Total Assets
$383.8M
$15.0B
Debt / EquityLower = less leverage
36.88×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAX
MAX
MPW
MPW
Q4 25
$46.9M
$540.9M
Q3 25
$38.8M
$396.6M
Q2 25
$85.4M
$509.8M
Q1 25
$63.6M
$673.5M
Q4 24
$43.3M
$332.3M
Q3 24
$32.3M
$275.6M
Q2 24
$28.7M
$606.5M
Q1 24
$14.5M
$224.3M
Total Debt
MAX
MAX
MPW
MPW
Q4 25
$153.4M
$9.7B
Q3 25
$155.7M
$9.6B
Q2 25
$158.0M
$9.6B
Q1 25
$160.2M
$9.5B
Q4 24
$162.4M
$8.8B
Q3 24
$164.7M
$9.2B
Q2 24
$166.9M
$9.4B
Q1 24
$172.1M
$10.1B
Stockholders' Equity
MAX
MAX
MPW
MPW
Q4 25
$4.2M
$4.6B
Q3 25
$-29.8M
$4.7B
Q2 25
$-3.8M
$4.8B
Q1 25
$7.9M
$4.8B
Q4 24
$2.4M
$4.8B
Q3 24
$-8.4M
$5.4B
Q2 24
$-24.4M
$6.2B
Q1 24
$-19.1M
$6.7B
Total Assets
MAX
MAX
MPW
MPW
Q4 25
$383.8M
$15.0B
Q3 25
$266.2M
$14.9B
Q2 25
$249.4M
$15.2B
Q1 25
$240.0M
$14.9B
Q4 24
$262.4M
$14.3B
Q3 24
$236.1M
$15.2B
Q2 24
$198.2M
$16.2B
Q1 24
$153.0M
$17.3B
Debt / Equity
MAX
MAX
MPW
MPW
Q4 25
36.88×
2.11×
Q3 25
2.06×
Q2 25
2.00×
Q1 25
20.23×
1.99×
Q4 24
68.31×
1.83×
Q3 24
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
MAX
MAX
MPW
MPW
Operating Cash FlowLast quarter
$-7.4M
$230.8M
Free Cash FlowOCF − Capex
$-7.5M
FCF MarginFCF / Revenue
-2.6%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-0.24×
13.11×
TTM Free Cash FlowTrailing 4 quarters
$65.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAX
MAX
MPW
MPW
Q4 25
$-7.4M
$230.8M
Q3 25
$23.6M
$18.6M
Q2 25
$25.7M
$51.7M
Q1 25
$23.7M
$384.0K
Q4 24
$14.5M
$245.5M
Q3 24
$8.1M
$59.2M
Q2 24
$21.6M
$35.3M
Q1 24
$1.7M
$74.3M
Free Cash Flow
MAX
MAX
MPW
MPW
Q4 25
$-7.5M
Q3 25
$23.6M
Q2 25
$25.5M
Q1 25
$23.6M
Q4 24
$14.5M
Q3 24
$8.0M
Q2 24
$21.5M
Q1 24
$1.6M
FCF Margin
MAX
MAX
MPW
MPW
Q4 25
-2.6%
Q3 25
7.7%
Q2 25
10.2%
Q1 25
8.9%
Q4 24
4.8%
Q3 24
3.1%
Q2 24
12.0%
Q1 24
1.3%
Capex Intensity
MAX
MAX
MPW
MPW
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
MAX
MAX
MPW
MPW
Q4 25
-0.24×
13.11×
Q3 25
1.58×
Q2 25
Q1 25
Q4 24
3.13×
Q3 24
0.85×
Q2 24
5.97×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAX
MAX

Property And Casualty Insurance$264.8M91%
Health Insurance$20.8M7%
Sales Channel Through Intermediary$7.2M2%

MPW
MPW

Segment breakdown not available.

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