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Side-by-side financial comparison of Mistras Group, Inc. (MG) 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 $181.5M, roughly 1.5× Mistras Group, Inc.). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs 2.1%, a 4.4% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 5.1%). Over the past eight quarters, MEDICAL PROPERTIES TRUST INC's revenue compounded faster (-0.2% CAGR vs -0.8%).

Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.

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...

MG vs MPW — Head-to-Head

Bigger by revenue
MPW
MPW
1.5× larger
MPW
$270.3M
$181.5M
MG
Growing faster (revenue YoY)
MPW
MPW
+11.6% gap
MPW
16.6%
5.1%
MG
Higher net margin
MPW
MPW
4.4% more per $
MPW
6.5%
2.1%
MG
Faster 2-yr revenue CAGR
MPW
MPW
Annualised
MPW
-0.2%
-0.8%
MG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MG
MG
MPW
MPW
Revenue
$181.5M
$270.3M
Net Profit
$3.8M
$17.6M
Gross Margin
28.4%
95.8%
Operating Margin
7.0%
9.7%
Net Margin
2.1%
6.5%
Revenue YoY
5.1%
16.6%
Net Profit YoY
-27.4%
104.3%
EPS (diluted)
$0.12
$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
MG
MG
MPW
MPW
Q4 25
$181.5M
$270.3M
Q3 25
$195.5M
$237.5M
Q2 25
$185.4M
$240.4M
Q1 25
$161.6M
$223.8M
Q4 24
$172.7M
$231.8M
Q3 24
$182.7M
$225.8M
Q2 24
$189.8M
$266.6M
Q1 24
$184.4M
$271.3M
Net Profit
MG
MG
MPW
MPW
Q4 25
$3.8M
$17.6M
Q3 25
$13.1M
$-77.7M
Q2 25
$3.0M
$-98.4M
Q1 25
$-3.2M
$-118.3M
Q4 24
$5.2M
$-412.3M
Q3 24
$6.4M
$-801.2M
Q2 24
$6.4M
$-320.6M
Q1 24
$995.0K
$-875.6M
Gross Margin
MG
MG
MPW
MPW
Q4 25
28.4%
95.8%
Q3 25
29.8%
Q2 25
29.1%
91.8%
Q1 25
25.3%
63.6%
Q4 24
26.5%
90.9%
Q3 24
26.8%
96.5%
Q2 24
27.1%
98.4%
Q1 24
25.0%
84.9%
Operating Margin
MG
MG
MPW
MPW
Q4 25
7.0%
9.7%
Q3 25
10.4%
-28.0%
Q2 25
4.5%
-36.7%
Q1 25
-0.6%
-48.5%
Q4 24
6.1%
-173.7%
Q3 24
6.5%
-350.7%
Q2 24
6.3%
-114.5%
Q1 24
3.0%
-318.6%
Net Margin
MG
MG
MPW
MPW
Q4 25
2.1%
6.5%
Q3 25
6.7%
-32.7%
Q2 25
1.6%
-40.9%
Q1 25
-2.0%
-52.8%
Q4 24
3.0%
-177.8%
Q3 24
3.5%
-354.8%
Q2 24
3.4%
-120.3%
Q1 24
0.5%
-322.7%
EPS (diluted)
MG
MG
MPW
MPW
Q4 25
$0.12
$0.03
Q3 25
$0.41
$-0.13
Q2 25
$0.10
$-0.16
Q1 25
$-0.10
$-0.20
Q4 24
$0.17
$-0.68
Q3 24
$0.20
$-1.34
Q2 24
$0.20
$-0.54
Q1 24
$0.03
$-1.46

Balance Sheet & Financial Strength

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

Metric
MG
MG
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$28.0M
$540.9M
Total DebtLower is stronger
$178.0M
$9.7B
Stockholders' EquityBook value
$235.1M
$4.6B
Total Assets
$578.8M
$15.0B
Debt / EquityLower = less leverage
0.76×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MG
MG
MPW
MPW
Q4 25
$28.0M
$540.9M
Q3 25
$27.8M
$396.6M
Q2 25
$20.0M
$509.8M
Q1 25
$18.5M
$673.5M
Q4 24
$18.3M
$332.3M
Q3 24
$20.4M
$275.6M
Q2 24
$17.2M
$606.5M
Q1 24
$16.9M
$224.3M
Total Debt
MG
MG
MPW
MPW
Q4 25
$178.0M
$9.7B
Q3 25
$202.3M
$9.6B
Q2 25
$189.4M
$9.6B
Q1 25
$171.9M
$9.5B
Q4 24
$169.6M
$8.8B
Q3 24
$189.7M
$9.2B
Q2 24
$199.7M
$9.4B
Q1 24
$198.4M
$10.1B
Stockholders' Equity
MG
MG
MPW
MPW
Q4 25
$235.1M
$4.6B
Q3 25
$227.4M
$4.7B
Q2 25
$215.8M
$4.8B
Q1 25
$198.7M
$4.8B
Q4 24
$198.6M
$4.8B
Q3 24
$205.2M
$5.4B
Q2 24
$193.2M
$6.2B
Q1 24
$187.1M
$6.7B
Total Assets
MG
MG
MPW
MPW
Q4 25
$578.8M
$15.0B
Q3 25
$596.3M
$14.9B
Q2 25
$571.0M
$15.2B
Q1 25
$526.8M
$14.9B
Q4 24
$523.0M
$14.3B
Q3 24
$551.7M
$15.2B
Q2 24
$548.1M
$16.2B
Q1 24
$542.1M
$17.3B
Debt / Equity
MG
MG
MPW
MPW
Q4 25
0.76×
2.11×
Q3 25
0.89×
2.06×
Q2 25
0.88×
2.00×
Q1 25
0.87×
1.99×
Q4 24
0.85×
1.83×
Q3 24
0.92×
1.69×
Q2 24
1.03×
1.51×
Q1 24
1.06×
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
MG
MG
MPW
MPW
Operating Cash FlowLast quarter
$32.1M
$230.8M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
8.55×
13.11×
TTM Free Cash FlowTrailing 4 quarters
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MG
MG
MPW
MPW
Q4 25
$32.1M
$230.8M
Q3 25
$4.5M
$18.6M
Q2 25
$-9.3M
$51.7M
Q1 25
$5.6M
$384.0K
Q4 24
$25.7M
$245.5M
Q3 24
$19.4M
$59.2M
Q2 24
$4.5M
$35.3M
Q1 24
$604.0K
$74.3M
Free Cash Flow
MG
MG
MPW
MPW
Q4 25
$26.0M
Q3 25
$-4.1M
Q2 25
$-14.7M
Q1 25
$1.1M
Q4 24
$22.1M
Q3 24
$14.6M
Q2 24
$-284.0K
Q1 24
$-4.2M
FCF Margin
MG
MG
MPW
MPW
Q4 25
14.3%
Q3 25
-2.1%
Q2 25
-7.9%
Q1 25
0.7%
Q4 24
12.8%
Q3 24
8.0%
Q2 24
-0.1%
Q1 24
-2.3%
Capex Intensity
MG
MG
MPW
MPW
Q4 25
3.4%
Q3 25
4.4%
Q2 25
2.9%
Q1 25
2.8%
Q4 24
2.1%
Q3 24
2.6%
Q2 24
2.5%
Q1 24
2.6%
Cash Conversion
MG
MG
MPW
MPW
Q4 25
8.55×
13.11×
Q3 25
0.34×
Q2 25
-3.07×
Q1 25
Q4 24
4.96×
Q3 24
3.02×
Q2 24
0.71×
Q1 24
0.61×

Financial Flow Comparison

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

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