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Side-by-side financial comparison of Mirion Technologies, Inc. (MIR) 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 $257.6M, roughly 1.0× Mirion Technologies, Inc.). On growth, Mirion Technologies, Inc. posted the faster year-over-year revenue change (27.5% vs 16.6%). Over the past eight quarters, Mirion Technologies, Inc.'s revenue compounded faster (11.5% CAGR vs -0.2%).

Mirion Technologies, Inc. is a global provider of radiation detection, monitoring, and safety solutions. Its core offerings include personal dosimetry systems, radiation imaging equipment, and risk management software, serving nuclear power, healthcare, defense, and industrial sectors across North America, Europe, and the Asia Pacific.

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...

MIR vs MPW — Head-to-Head

Bigger by revenue
MPW
MPW
1.0× larger
MPW
$270.3M
$257.6M
MIR
Growing faster (revenue YoY)
MIR
MIR
+10.9% gap
MIR
27.5%
16.6%
MPW
Faster 2-yr revenue CAGR
MIR
MIR
Annualised
MIR
11.5%
-0.2%
MPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MIR
MIR
MPW
MPW
Revenue
$257.6M
$270.3M
Net Profit
$17.6M
Gross Margin
46.2%
95.8%
Operating Margin
1.4%
9.7%
Net Margin
6.5%
Revenue YoY
27.5%
16.6%
Net Profit YoY
104.3%
EPS (diluted)
$-0.01
$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
MIR
MIR
MPW
MPW
Q1 26
$257.6M
Q4 25
$277.4M
$270.3M
Q3 25
$223.1M
$237.5M
Q2 25
$222.9M
$240.4M
Q1 25
$202.0M
$223.8M
Q4 24
$254.3M
$231.8M
Q3 24
$206.8M
$225.8M
Q2 24
$207.1M
$266.6M
Net Profit
MIR
MIR
MPW
MPW
Q1 26
Q4 25
$17.3M
$17.6M
Q3 25
$2.9M
$-77.7M
Q2 25
$8.3M
$-98.4M
Q1 25
$300.0K
$-118.3M
Q4 24
$15.0M
$-412.3M
Q3 24
$-13.6M
$-801.2M
Q2 24
$-11.7M
$-320.6M
Gross Margin
MIR
MIR
MPW
MPW
Q1 26
46.2%
Q4 25
48.8%
95.8%
Q3 25
46.8%
Q2 25
46.0%
91.8%
Q1 25
47.6%
63.6%
Q4 24
48.1%
90.9%
Q3 24
44.9%
96.5%
Q2 24
47.0%
98.4%
Operating Margin
MIR
MIR
MPW
MPW
Q1 26
1.4%
Q4 25
9.2%
9.7%
Q3 25
3.3%
-28.0%
Q2 25
4.4%
-36.7%
Q1 25
4.3%
-48.5%
Q4 24
11.4%
-173.7%
Q3 24
-0.8%
-350.7%
Q2 24
1.1%
-114.5%
Net Margin
MIR
MIR
MPW
MPW
Q1 26
Q4 25
6.2%
6.5%
Q3 25
1.3%
-32.7%
Q2 25
3.7%
-40.9%
Q1 25
0.1%
-52.8%
Q4 24
5.9%
-177.8%
Q3 24
-6.6%
-354.8%
Q2 24
-5.6%
-120.3%
EPS (diluted)
MIR
MIR
MPW
MPW
Q1 26
$-0.01
Q4 25
$0.07
$0.03
Q3 25
$0.01
$-0.13
Q2 25
$0.03
$-0.16
Q1 25
$0.00
$-0.20
Q4 24
$0.08
$-0.68
Q3 24
$-0.07
$-1.34
Q2 24
$-0.06
$-0.54

Balance Sheet & Financial Strength

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

Metric
MIR
MIR
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$397.9M
$540.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$1.9B
$4.6B
Total Assets
$3.5B
$15.0B
Debt / EquityLower = less leverage
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MIR
MIR
MPW
MPW
Q1 26
$397.9M
Q4 25
$412.3M
$540.9M
Q3 25
$933.2M
$396.6M
Q2 25
$262.6M
$509.8M
Q1 25
$185.8M
$673.5M
Q4 24
$175.2M
$332.3M
Q3 24
$133.3M
$275.6M
Q2 24
$122.2M
$606.5M
Total Debt
MIR
MIR
MPW
MPW
Q1 26
Q4 25
$9.7B
Q3 25
$444.8M
$9.6B
Q2 25
$444.9M
$9.6B
Q1 25
$686.6M
$9.5B
Q4 24
$686.4M
$8.8B
Q3 24
$685.1M
$9.2B
Q2 24
$684.1M
$9.4B
Stockholders' Equity
MIR
MIR
MPW
MPW
Q1 26
$1.9B
Q4 25
$1.9B
$4.6B
Q3 25
$1.8B
$4.7B
Q2 25
$1.5B
$4.8B
Q1 25
$1.5B
$4.8B
Q4 24
$1.5B
$4.8B
Q3 24
$1.5B
$5.4B
Q2 24
$1.5B
$6.2B
Total Assets
MIR
MIR
MPW
MPW
Q1 26
$3.5B
Q4 25
$3.6B
$15.0B
Q3 25
$3.5B
$14.9B
Q2 25
$2.7B
$15.2B
Q1 25
$2.6B
$14.9B
Q4 24
$2.6B
$14.3B
Q3 24
$2.7B
$15.2B
Q2 24
$2.6B
$16.2B
Debt / Equity
MIR
MIR
MPW
MPW
Q1 26
Q4 25
2.11×
Q3 25
0.24×
2.06×
Q2 25
0.30×
2.00×
Q1 25
0.46×
1.99×
Q4 24
0.46×
1.83×
Q3 24
0.45×
1.69×
Q2 24
0.45×
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
MIR
MIR
MPW
MPW
Operating Cash FlowLast quarter
$18.9M
$230.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MIR
MIR
MPW
MPW
Q1 26
$18.9M
Q4 25
$73.0M
$230.8M
Q3 25
$22.3M
$18.6M
Q2 25
$12.4M
$51.7M
Q1 25
$35.6M
$384.0K
Q4 24
$60.8M
$245.5M
Q3 24
$17.1M
$59.2M
Q2 24
$15.2M
$35.3M
Free Cash Flow
MIR
MIR
MPW
MPW
Q1 26
Q4 25
$63.2M
Q3 25
$13.0M
Q2 25
$3.6M
Q1 25
$27.1M
Q4 24
$49.1M
Q3 24
$3.9M
Q2 24
$4.1M
FCF Margin
MIR
MIR
MPW
MPW
Q1 26
Q4 25
22.8%
Q3 25
5.8%
Q2 25
1.6%
Q1 25
13.4%
Q4 24
19.3%
Q3 24
1.9%
Q2 24
2.0%
Capex Intensity
MIR
MIR
MPW
MPW
Q1 26
Q4 25
3.5%
Q3 25
4.2%
Q2 25
3.9%
Q1 25
4.2%
Q4 24
4.6%
Q3 24
6.4%
Q2 24
5.4%
Cash Conversion
MIR
MIR
MPW
MPW
Q1 26
Q4 25
4.22×
13.11×
Q3 25
7.69×
Q2 25
1.49×
Q1 25
118.67×
Q4 24
4.05×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MIR
MIR

Product$197.0M76%
Service$60.6M24%

MPW
MPW

Segment breakdown not available.

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