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Side-by-side financial comparison of MALIBU BOATS, INC. (MBUU) 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 $188.6M, roughly 1.4× MALIBU BOATS, 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 -5.8%). Over the past eight quarters, MEDICAL PROPERTIES TRUST INC's revenue compounded faster (-0.2% CAGR vs -3.7%).

Malibu Boats is an American manufacturer of recreational boats, founded in Merced, California in 1982, and currently headquartered in Loudon, Tennessee with additional production facilities in New South Wales, Australia. Malibu is "the world's largest manufacturer of watersports towboats", used both recreationally and in water skiing and wakeboarding events.

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...

MBUU vs MPW — Head-to-Head

Bigger by revenue
MPW
MPW
1.4× larger
MPW
$270.3M
$188.6M
MBUU
Growing faster (revenue YoY)
MPW
MPW
+22.4% gap
MPW
16.6%
-5.8%
MBUU
Higher net margin
MPW
MPW
7.8% more per $
MPW
6.5%
-1.3%
MBUU
Faster 2-yr revenue CAGR
MPW
MPW
Annualised
MPW
-0.2%
-3.7%
MBUU

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MBUU
MBUU
MPW
MPW
Revenue
$188.6M
$270.3M
Net Profit
$-2.5M
$17.6M
Gross Margin
13.3%
95.8%
Operating Margin
-1.9%
9.7%
Net Margin
-1.3%
6.5%
Revenue YoY
-5.8%
16.6%
Net Profit YoY
-204.2%
104.3%
EPS (diluted)
$-0.13
$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
MBUU
MBUU
MPW
MPW
Q4 25
$188.6M
$270.3M
Q3 25
$194.7M
$237.5M
Q2 25
$207.0M
$240.4M
Q1 25
$228.7M
$223.8M
Q4 24
$200.3M
$231.8M
Q3 24
$171.6M
$225.8M
Q2 24
$158.7M
$266.6M
Q1 24
$203.4M
$271.3M
Net Profit
MBUU
MBUU
MPW
MPW
Q4 25
$-2.5M
$17.6M
Q3 25
$-702.0K
$-77.7M
Q2 25
$4.7M
$-98.4M
Q1 25
$12.9M
$-118.3M
Q4 24
$2.4M
$-412.3M
Q3 24
$-5.0M
$-801.2M
Q2 24
$-19.2M
$-320.6M
Q1 24
$-66.8M
$-875.6M
Gross Margin
MBUU
MBUU
MPW
MPW
Q4 25
13.3%
95.8%
Q3 25
14.3%
Q2 25
15.8%
91.8%
Q1 25
20.0%
63.6%
Q4 24
18.7%
90.9%
Q3 24
16.4%
96.5%
Q2 24
7.9%
98.4%
Q1 24
19.8%
84.9%
Operating Margin
MBUU
MBUU
MPW
MPW
Q4 25
-1.9%
9.7%
Q3 25
-0.4%
-28.0%
Q2 25
3.3%
-36.7%
Q1 25
7.6%
-48.5%
Q4 24
1.6%
-173.7%
Q3 24
-3.3%
-350.7%
Q2 24
-15.4%
-114.5%
Q1 24
-36.8%
-318.6%
Net Margin
MBUU
MBUU
MPW
MPW
Q4 25
-1.3%
6.5%
Q3 25
-0.4%
-32.7%
Q2 25
2.3%
-40.9%
Q1 25
5.6%
-52.8%
Q4 24
1.2%
-177.8%
Q3 24
-2.9%
-354.8%
Q2 24
-12.1%
-120.3%
Q1 24
-32.9%
-322.7%
EPS (diluted)
MBUU
MBUU
MPW
MPW
Q4 25
$-0.13
$0.03
Q3 25
$-0.04
$-0.13
Q2 25
$0.23
$-0.16
Q1 25
$0.66
$-0.20
Q4 24
$0.12
$-0.68
Q3 24
$-0.25
$-1.34
Q2 24
$-0.93
$-0.54
Q1 24
$-3.28
$-1.46

Balance Sheet & Financial Strength

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

Metric
MBUU
MBUU
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$28.2M
$540.9M
Total DebtLower is stronger
$20.0M
$9.7B
Stockholders' EquityBook value
$495.0M
$4.6B
Total Assets
$715.7M
$15.0B
Debt / EquityLower = less leverage
0.04×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBUU
MBUU
MPW
MPW
Q4 25
$28.2M
$540.9M
Q3 25
$44.1M
$396.6M
Q2 25
$37.0M
$509.8M
Q1 25
$38.7M
$673.5M
Q4 24
$35.1M
$332.3M
Q3 24
$27.7M
$275.6M
Q2 24
$26.9M
$606.5M
Q1 24
$47.1M
$224.3M
Total Debt
MBUU
MBUU
MPW
MPW
Q4 25
$20.0M
$9.7B
Q3 25
$23.0M
$9.6B
Q2 25
$18.0M
$9.6B
Q1 25
$28.0M
$9.5B
Q4 24
$23.0M
$8.8B
Q3 24
$28.0M
$9.2B
Q2 24
$0
$9.4B
Q1 24
$15.0M
$10.1B
Stockholders' Equity
MBUU
MBUU
MPW
MPW
Q4 25
$495.0M
$4.6B
Q3 25
$516.4M
$4.7B
Q2 25
$515.5M
$4.8B
Q1 25
$513.0M
$4.8B
Q4 24
$509.8M
$4.8B
Q3 24
$517.7M
$5.4B
Q2 24
$530.0M
$6.2B
Q1 24
$557.2M
$6.7B
Total Assets
MBUU
MBUU
MPW
MPW
Q4 25
$715.7M
$15.0B
Q3 25
$755.6M
$14.9B
Q2 25
$734.6M
$15.2B
Q1 25
$758.8M
$14.9B
Q4 24
$738.7M
$14.3B
Q3 24
$759.1M
$15.2B
Q2 24
$739.6M
$16.2B
Q1 24
$797.6M
$17.3B
Debt / Equity
MBUU
MBUU
MPW
MPW
Q4 25
0.04×
2.11×
Q3 25
0.04×
2.06×
Q2 25
0.03×
2.00×
Q1 25
0.05×
1.99×
Q4 24
0.05×
1.83×
Q3 24
0.05×
1.69×
Q2 24
0.00×
1.51×
Q1 24
0.03×
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
MBUU
MBUU
MPW
MPW
Operating Cash FlowLast quarter
$12.6M
$230.8M
Free Cash FlowOCF − Capex
$8.2M
FCF MarginFCF / Revenue
4.4%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBUU
MBUU
MPW
MPW
Q4 25
$12.6M
$230.8M
Q3 25
$6.5M
$18.6M
Q2 25
$21.0M
$51.7M
Q1 25
$15.5M
$384.0K
Q4 24
$28.4M
$245.5M
Q3 24
$-8.4M
$59.2M
Q2 24
$16.3M
$35.3M
Q1 24
$23.5M
$74.3M
Free Cash Flow
MBUU
MBUU
MPW
MPW
Q4 25
$8.2M
Q3 25
$2.2M
Q2 25
$14.1M
Q1 25
$8.8M
Q4 24
$22.8M
Q3 24
$-17.0M
Q2 24
$4.5M
Q1 24
$11.5M
FCF Margin
MBUU
MBUU
MPW
MPW
Q4 25
4.4%
Q3 25
1.1%
Q2 25
6.8%
Q1 25
3.8%
Q4 24
11.4%
Q3 24
-9.9%
Q2 24
2.8%
Q1 24
5.7%
Capex Intensity
MBUU
MBUU
MPW
MPW
Q4 25
2.3%
Q3 25
2.2%
Q2 25
3.4%
Q1 25
2.9%
Q4 24
2.8%
Q3 24
5.0%
Q2 24
7.5%
Q1 24
5.9%
Cash Conversion
MBUU
MBUU
MPW
MPW
Q4 25
13.11×
Q3 25
Q2 25
4.50×
Q1 25
1.20×
Q4 24
12.02×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MBUU
MBUU

Boatand Trailer Sales$68.1M36%
Saltwater Fishing$65.3M35%
Cobalt$52.6M28%
Part And Other Sales$2.6M1%

MPW
MPW

Segment breakdown not available.

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