vs

Side-by-side financial comparison of Montrose Environmental Group, Inc. (MEG) 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 $193.3M, roughly 1.4× Montrose Environmental Group, Inc.). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs -4.3%, a 10.8% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 2.2%). Over the past eight quarters, Montrose Environmental Group, Inc.'s revenue compounded faster (11.5% CAGR vs -0.2%).

Montrose Environmental Group, Inc. is an American multinational corporation that provides wide-ranging environmental services. The company is vertically integrated across the environmental industry and supports public and private sector clientele. Montrose is headquartered in Little Rock, Arkansas and incorporated in the U.S. state of Delaware.

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...

MEG vs MPW — Head-to-Head

Bigger by revenue
MPW
MPW
1.4× larger
MPW
$270.3M
$193.3M
MEG
Growing faster (revenue YoY)
MPW
MPW
+14.4% gap
MPW
16.6%
2.2%
MEG
Higher net margin
MPW
MPW
10.8% more per $
MPW
6.5%
-4.3%
MEG
Faster 2-yr revenue CAGR
MEG
MEG
Annualised
MEG
11.5%
-0.2%
MPW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEG
MEG
MPW
MPW
Revenue
$193.3M
$270.3M
Net Profit
$-8.2M
$17.6M
Gross Margin
38.6%
95.8%
Operating Margin
-1.3%
9.7%
Net Margin
-4.3%
6.5%
Revenue YoY
2.2%
16.6%
Net Profit YoY
70.9%
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
MEG
MEG
MPW
MPW
Q4 25
$193.3M
$270.3M
Q3 25
$224.9M
$237.5M
Q2 25
$234.5M
$240.4M
Q1 25
$177.8M
$223.8M
Q4 24
$189.1M
$231.8M
Q3 24
$178.7M
$225.8M
Q2 24
$173.3M
$266.6M
Q1 24
$155.3M
$271.3M
Net Profit
MEG
MEG
MPW
MPW
Q4 25
$-8.2M
$17.6M
Q3 25
$8.4M
$-77.7M
Q2 25
$18.4M
$-98.4M
Q1 25
$-19.4M
$-118.3M
Q4 24
$-28.2M
$-412.3M
Q3 24
$-10.6M
$-801.2M
Q2 24
$-10.2M
$-320.6M
Q1 24
$-13.4M
$-875.6M
Gross Margin
MEG
MEG
MPW
MPW
Q4 25
38.6%
95.8%
Q3 25
39.4%
Q2 25
43.4%
91.8%
Q1 25
39.0%
63.6%
Q4 24
40.8%
90.9%
Q3 24
40.9%
96.5%
Q2 24
39.9%
98.4%
Q1 24
37.8%
84.9%
Operating Margin
MEG
MEG
MPW
MPW
Q4 25
-1.3%
9.7%
Q3 25
4.4%
-28.0%
Q2 25
6.4%
-36.7%
Q1 25
-5.9%
-48.5%
Q4 24
-12.1%
-173.7%
Q3 24
-0.6%
-350.7%
Q2 24
-1.5%
-114.5%
Q1 24
-6.5%
-318.6%
Net Margin
MEG
MEG
MPW
MPW
Q4 25
-4.3%
6.5%
Q3 25
3.7%
-32.7%
Q2 25
7.8%
-40.9%
Q1 25
-10.9%
-52.8%
Q4 24
-14.9%
-177.8%
Q3 24
-5.9%
-354.8%
Q2 24
-5.9%
-120.3%
Q1 24
-8.6%
-322.7%
EPS (diluted)
MEG
MEG
MPW
MPW
Q4 25
$-0.13
$0.03
Q3 25
$0.21
$-0.13
Q2 25
$0.42
$-0.16
Q1 25
$-0.64
$-0.20
Q4 24
$-0.91
$-0.68
Q3 24
$-0.39
$-1.34
Q2 24
$-0.39
$-0.54
Q1 24
$-0.53
$-1.46

Balance Sheet & Financial Strength

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

Metric
MEG
MEG
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$11.2M
$540.9M
Total DebtLower is stronger
$277.1M
$9.7B
Stockholders' EquityBook value
$451.2M
$4.6B
Total Assets
$981.3M
$15.0B
Debt / EquityLower = less leverage
0.61×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEG
MEG
MPW
MPW
Q4 25
$11.2M
$540.9M
Q3 25
$6.7M
$396.6M
Q2 25
$10.5M
$509.8M
Q1 25
$30.3M
$673.5M
Q4 24
$12.9M
$332.3M
Q3 24
$13.0M
$275.6M
Q2 24
$16.9M
$606.5M
Q1 24
$9.5M
$224.3M
Total Debt
MEG
MEG
MPW
MPW
Q4 25
$277.1M
$9.7B
Q3 25
$302.4M
$9.6B
Q2 25
$264.6M
$9.6B
Q1 25
$235.6M
$9.5B
Q4 24
$204.8M
$8.8B
Q3 24
$233.0M
$9.2B
Q2 24
$188.7M
$9.4B
Q1 24
$280.9M
$10.1B
Stockholders' Equity
MEG
MEG
MPW
MPW
Q4 25
$451.2M
$4.6B
Q3 25
$458.7M
$4.7B
Q2 25
$470.3M
$4.8B
Q1 25
$444.1M
$4.8B
Q4 24
$446.3M
$4.8B
Q3 24
$449.2M
$5.4B
Q2 24
$448.8M
$6.2B
Q1 24
$324.5M
$6.7B
Total Assets
MEG
MEG
MPW
MPW
Q4 25
$981.3M
$15.0B
Q3 25
$985.7M
$14.9B
Q2 25
$998.1M
$15.2B
Q1 25
$992.2M
$14.9B
Q4 24
$990.4M
$14.3B
Q3 24
$1.0B
$15.2B
Q2 24
$943.9M
$16.2B
Q1 24
$918.1M
$17.3B
Debt / Equity
MEG
MEG
MPW
MPW
Q4 25
0.61×
2.11×
Q3 25
0.66×
2.06×
Q2 25
0.56×
2.00×
Q1 25
0.53×
1.99×
Q4 24
0.46×
1.83×
Q3 24
0.52×
1.69×
Q2 24
0.42×
1.51×
Q1 24
0.87×
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
MEG
MEG
MPW
MPW
Operating Cash FlowLast quarter
$51.9M
$230.8M
Free Cash FlowOCF − Capex
$46.5M
FCF MarginFCF / Revenue
24.1%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters
$91.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEG
MEG
MPW
MPW
Q4 25
$51.9M
$230.8M
Q3 25
$28.1M
$18.6M
Q2 25
$21.9M
$51.7M
Q1 25
$5.5M
$384.0K
Q4 24
$32.0M
$245.5M
Q3 24
$11.4M
$59.2M
Q2 24
$894.0K
$35.3M
Q1 24
$-22.0M
$74.3M
Free Cash Flow
MEG
MEG
MPW
MPW
Q4 25
$46.5M
Q3 25
$22.3M
Q2 25
$19.9M
Q1 25
$2.4M
Q4 24
$29.7M
Q3 24
$10.2M
Q2 24
$-9.8M
Q1 24
$-29.3M
FCF Margin
MEG
MEG
MPW
MPW
Q4 25
24.1%
Q3 25
9.9%
Q2 25
8.5%
Q1 25
1.3%
Q4 24
15.7%
Q3 24
5.7%
Q2 24
-5.6%
Q1 24
-18.9%
Capex Intensity
MEG
MEG
MPW
MPW
Q4 25
2.8%
Q3 25
2.6%
Q2 25
0.8%
Q1 25
1.8%
Q4 24
1.2%
Q3 24
0.6%
Q2 24
6.1%
Q1 24
4.7%
Cash Conversion
MEG
MEG
MPW
MPW
Q4 25
13.11×
Q3 25
3.36×
Q2 25
1.19×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons