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Side-by-side financial comparison of MGP INGREDIENTS INC (MGPI) 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 $138.3M, roughly 2.0× MGP INGREDIENTS INC). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs -97.3%, a 103.8% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs -23.5%). Over the past eight quarters, MEDICAL PROPERTIES TRUST INC's revenue compounded faster (-0.2% CAGR vs -9.9%).

MGP Ingredients Inc is a leading US-based supplier of premium distilled spirits, specialty wheat and corn-based starch and protein ingredients. It serves food and beverage manufacturing, foodservice, and industrial customer segments across North America and select global markets, delivering tailored ingredient solutions for diverse product use cases.

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...

MGPI vs MPW — Head-to-Head

Bigger by revenue
MPW
MPW
2.0× larger
MPW
$270.3M
$138.3M
MGPI
Growing faster (revenue YoY)
MPW
MPW
+40.1% gap
MPW
16.6%
-23.5%
MGPI
Higher net margin
MPW
MPW
103.8% more per $
MPW
6.5%
-97.3%
MGPI
Faster 2-yr revenue CAGR
MPW
MPW
Annualised
MPW
-0.2%
-9.9%
MGPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MGPI
MGPI
MPW
MPW
Revenue
$138.3M
$270.3M
Net Profit
$-134.6M
$17.6M
Gross Margin
34.9%
95.8%
Operating Margin
-97.7%
9.7%
Net Margin
-97.3%
6.5%
Revenue YoY
-23.5%
16.6%
Net Profit YoY
-220.8%
104.3%
EPS (diluted)
$-6.23
$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
MGPI
MGPI
MPW
MPW
Q4 25
$138.3M
$270.3M
Q3 25
$130.9M
$237.5M
Q2 25
$145.5M
$240.4M
Q1 25
$121.7M
$223.8M
Q4 24
$180.8M
$231.8M
Q3 24
$161.5M
$225.8M
Q2 24
$190.8M
$266.6M
Q1 24
$170.6M
$271.3M
Net Profit
MGPI
MGPI
MPW
MPW
Q4 25
$-134.6M
$17.6M
Q3 25
$15.4M
$-77.7M
Q2 25
$14.4M
$-98.4M
Q1 25
$-3.0M
$-118.3M
Q4 24
$-42.0M
$-412.3M
Q3 24
$23.9M
$-801.2M
Q2 24
$32.1M
$-320.6M
Q1 24
$20.6M
$-875.6M
Gross Margin
MGPI
MGPI
MPW
MPW
Q4 25
34.9%
95.8%
Q3 25
37.8%
Q2 25
40.1%
91.8%
Q1 25
35.6%
63.6%
Q4 24
41.2%
90.9%
Q3 24
40.8%
96.5%
Q2 24
43.6%
98.4%
Q1 24
36.8%
84.9%
Operating Margin
MGPI
MGPI
MPW
MPW
Q4 25
-97.7%
9.7%
Q3 25
16.1%
-28.0%
Q2 25
14.0%
-36.7%
Q1 25
-0.6%
-48.5%
Q4 24
-16.8%
-173.7%
Q3 24
20.2%
-350.7%
Q2 24
22.7%
-114.5%
Q1 24
17.0%
-318.6%
Net Margin
MGPI
MGPI
MPW
MPW
Q4 25
-97.3%
6.5%
Q3 25
11.8%
-32.7%
Q2 25
9.9%
-40.9%
Q1 25
-2.5%
-52.8%
Q4 24
-23.2%
-177.8%
Q3 24
14.8%
-354.8%
Q2 24
16.8%
-120.3%
Q1 24
12.1%
-322.7%
EPS (diluted)
MGPI
MGPI
MPW
MPW
Q4 25
$-6.23
$0.03
Q3 25
$0.71
$-0.13
Q2 25
$0.67
$-0.16
Q1 25
$-0.14
$-0.20
Q4 24
$-1.86
$-0.68
Q3 24
$1.07
$-1.34
Q2 24
$1.43
$-0.54
Q1 24
$0.92
$-1.46

Balance Sheet & Financial Strength

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

Metric
MGPI
MGPI
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$18.5M
$540.9M
Total DebtLower is stronger
$245.9M
$9.7B
Stockholders' EquityBook value
$718.4M
$4.6B
Total Assets
$1.2B
$15.0B
Debt / EquityLower = less leverage
0.34×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGPI
MGPI
MPW
MPW
Q4 25
$18.5M
$540.9M
Q3 25
$13.4M
$396.6M
Q2 25
$17.3M
$509.8M
Q1 25
$20.1M
$673.5M
Q4 24
$25.3M
$332.3M
Q3 24
$20.8M
$275.6M
Q2 24
$21.0M
$606.5M
Q1 24
$19.5M
$224.3M
Total Debt
MGPI
MGPI
MPW
MPW
Q4 25
$245.9M
$9.7B
Q3 25
$262.3M
$9.6B
Q2 25
$290.7M
$9.6B
Q1 25
$290.7M
$9.5B
Q4 24
$317.1M
$8.8B
Q3 24
$283.6M
$9.2B
Q2 24
$303.0M
$9.4B
Q1 24
$294.4M
$10.1B
Stockholders' Equity
MGPI
MGPI
MPW
MPW
Q4 25
$718.4M
$4.6B
Q3 25
$855.2M
$4.7B
Q2 25
$841.8M
$4.8B
Q1 25
$828.3M
$4.8B
Q4 24
$834.2M
$4.8B
Q3 24
$914.5M
$5.4B
Q2 24
$894.5M
$6.2B
Q1 24
$867.0M
$6.7B
Total Assets
MGPI
MGPI
MPW
MPW
Q4 25
$1.2B
$15.0B
Q3 25
$1.4B
$14.9B
Q2 25
$1.4B
$15.2B
Q1 25
$1.4B
$14.9B
Q4 24
$1.4B
$14.3B
Q3 24
$1.4B
$15.2B
Q2 24
$1.4B
$16.2B
Q1 24
$1.4B
$17.3B
Debt / Equity
MGPI
MGPI
MPW
MPW
Q4 25
0.34×
2.11×
Q3 25
0.31×
2.06×
Q2 25
0.35×
2.00×
Q1 25
0.35×
1.99×
Q4 24
0.38×
1.83×
Q3 24
0.31×
1.69×
Q2 24
0.34×
1.51×
Q1 24
0.34×
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
MGPI
MGPI
MPW
MPW
Operating Cash FlowLast quarter
$29.1M
$230.8M
Free Cash FlowOCF − Capex
$24.3M
FCF MarginFCF / Revenue
17.5%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters
$76.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGPI
MGPI
MPW
MPW
Q4 25
$29.1M
$230.8M
Q3 25
$36.1M
$18.6M
Q2 25
$11.7M
$51.7M
Q1 25
$44.7M
$384.0K
Q4 24
$28.8M
$245.5M
Q3 24
$43.9M
$59.2M
Q2 24
$5.0M
$35.3M
Q1 24
$24.6M
$74.3M
Free Cash Flow
MGPI
MGPI
MPW
MPW
Q4 25
$24.3M
Q3 25
$27.6M
Q2 25
$-557.0K
Q1 25
$24.8M
Q4 24
$10.4M
Q3 24
$24.5M
Q2 24
$-1.4M
Q1 24
$-2.4M
FCF Margin
MGPI
MGPI
MPW
MPW
Q4 25
17.5%
Q3 25
21.1%
Q2 25
-0.4%
Q1 25
20.4%
Q4 24
5.8%
Q3 24
15.2%
Q2 24
-0.7%
Q1 24
-1.4%
Capex Intensity
MGPI
MGPI
MPW
MPW
Q4 25
3.5%
Q3 25
6.5%
Q2 25
8.4%
Q1 25
16.4%
Q4 24
10.1%
Q3 24
12.0%
Q2 24
3.3%
Q1 24
15.8%
Cash Conversion
MGPI
MGPI
MPW
MPW
Q4 25
13.11×
Q3 25
2.34×
Q2 25
0.81×
Q1 25
Q4 24
Q3 24
1.84×
Q2 24
0.15×
Q1 24
1.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGPI
MGPI

Branded Spirits$63.4M46%
Ingredient Solutions$31.3M23%
Specialty Wheat Starches$16.8M12%
Mid Spirits$16.1M12%
Other Branded Spirits$8.0M6%
Commodity Wheat Starch$2.3M2%

MPW
MPW

Segment breakdown not available.

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