vs

Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and Paymentus Holdings, Inc. (PAY). Click either name above to swap in a different company.

Paymentus Holdings, Inc. is the larger business by last-quarter revenue ($330.5M vs $270.3M, roughly 1.2× MEDICAL PROPERTIES TRUST INC). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs 6.3%, a 0.3% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs 16.6%). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs -0.2%).

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...

Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.

MPW vs PAY — Head-to-Head

Bigger by revenue
PAY
PAY
1.2× larger
PAY
$330.5M
$270.3M
MPW
Growing faster (revenue YoY)
PAY
PAY
+11.5% gap
PAY
28.1%
16.6%
MPW
Higher net margin
MPW
MPW
0.3% more per $
MPW
6.5%
6.3%
PAY
Faster 2-yr revenue CAGR
PAY
PAY
Annualised
PAY
33.7%
-0.2%
MPW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPW
MPW
PAY
PAY
Revenue
$270.3M
$330.5M
Net Profit
$17.6M
$20.7M
Gross Margin
95.8%
25.4%
Operating Margin
9.7%
7.3%
Net Margin
6.5%
6.3%
Revenue YoY
16.6%
28.1%
Net Profit YoY
104.3%
57.2%
EPS (diluted)
$0.03
$0.16

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
MPW
MPW
PAY
PAY
Q4 25
$270.3M
$330.5M
Q3 25
$237.5M
$310.7M
Q2 25
$240.4M
$280.1M
Q1 25
$223.8M
$275.2M
Q4 24
$231.8M
$257.9M
Q3 24
$225.8M
$231.6M
Q2 24
$266.6M
$197.4M
Q1 24
$271.3M
$184.9M
Net Profit
MPW
MPW
PAY
PAY
Q4 25
$17.6M
$20.7M
Q3 25
$-77.7M
$17.7M
Q2 25
$-98.4M
$14.7M
Q1 25
$-118.3M
$13.8M
Q4 24
$-412.3M
$13.1M
Q3 24
$-801.2M
$14.4M
Q2 24
$-320.6M
$9.4M
Q1 24
$-875.6M
$7.2M
Gross Margin
MPW
MPW
PAY
PAY
Q4 25
95.8%
25.4%
Q3 25
24.1%
Q2 25
91.8%
25.5%
Q1 25
63.6%
24.0%
Q4 24
90.9%
25.6%
Q3 24
96.5%
26.2%
Q2 24
98.4%
29.8%
Q1 24
84.9%
28.5%
Operating Margin
MPW
MPW
PAY
PAY
Q4 25
9.7%
7.3%
Q3 25
-28.0%
6.4%
Q2 25
-36.7%
5.7%
Q1 25
-48.5%
5.7%
Q4 24
-173.7%
5.5%
Q3 24
-350.7%
5.2%
Q2 24
-114.5%
5.2%
Q1 24
-318.6%
4.5%
Net Margin
MPW
MPW
PAY
PAY
Q4 25
6.5%
6.3%
Q3 25
-32.7%
5.7%
Q2 25
-40.9%
5.3%
Q1 25
-52.8%
5.0%
Q4 24
-177.8%
5.1%
Q3 24
-354.8%
6.2%
Q2 24
-120.3%
4.7%
Q1 24
-322.7%
3.9%
EPS (diluted)
MPW
MPW
PAY
PAY
Q4 25
$0.03
$0.16
Q3 25
$-0.13
$0.14
Q2 25
$-0.16
$0.11
Q1 25
$-0.20
$0.11
Q4 24
$-0.68
$0.11
Q3 24
$-1.34
$0.11
Q2 24
$-0.54
$0.07
Q1 24
$-1.46
$0.06

Balance Sheet & Financial Strength

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

Metric
MPW
MPW
PAY
PAY
Cash + ST InvestmentsLiquidity on hand
$540.9M
$320.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$4.6B
$560.4M
Total Assets
$15.0B
$667.9M
Debt / EquityLower = less leverage
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPW
MPW
PAY
PAY
Q4 25
$540.9M
$320.9M
Q3 25
$396.6M
$287.9M
Q2 25
$509.8M
$266.4M
Q1 25
$673.5M
$245.8M
Q4 24
$332.3M
$205.9M
Q3 24
$275.6M
$187.5M
Q2 24
$606.5M
$188.8M
Q1 24
$224.3M
$180.1M
Total Debt
MPW
MPW
PAY
PAY
Q4 25
$9.7B
Q3 25
$9.6B
Q2 25
$9.6B
Q1 25
$9.5B
Q4 24
$8.8B
Q3 24
$9.2B
Q2 24
$9.4B
Q1 24
$10.1B
Stockholders' Equity
MPW
MPW
PAY
PAY
Q4 25
$4.6B
$560.4M
Q3 25
$4.7B
$537.4M
Q2 25
$4.8B
$516.7M
Q1 25
$4.8B
$500.4M
Q4 24
$4.8B
$485.6M
Q3 24
$5.4B
$468.8M
Q2 24
$6.2B
$451.6M
Q1 24
$6.7B
$439.4M
Total Assets
MPW
MPW
PAY
PAY
Q4 25
$15.0B
$667.9M
Q3 25
$14.9B
$644.4M
Q2 25
$15.2B
$609.5M
Q1 25
$14.9B
$590.9M
Q4 24
$14.3B
$576.2M
Q3 24
$15.2B
$552.9M
Q2 24
$16.2B
$527.7M
Q1 24
$17.3B
$514.0M
Debt / Equity
MPW
MPW
PAY
PAY
Q4 25
2.11×
Q3 25
2.06×
Q2 25
2.00×
Q1 25
1.99×
Q4 24
1.83×
Q3 24
1.69×
Q2 24
1.51×
Q1 24
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
MPW
MPW
PAY
PAY
Operating Cash FlowLast quarter
$230.8M
$45.1M
Free Cash FlowOCF − Capex
$45.0M
FCF MarginFCF / Revenue
13.6%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
13.11×
2.18×
TTM Free Cash FlowTrailing 4 quarters
$161.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPW
MPW
PAY
PAY
Q4 25
$230.8M
$45.1M
Q3 25
$18.6M
$35.1M
Q2 25
$51.7M
$31.5M
Q1 25
$384.0K
$50.4M
Q4 24
$245.5M
$27.9M
Q3 24
$59.2M
$6.7M
Q2 24
$35.3M
$18.0M
Q1 24
$74.3M
$11.0M
Free Cash Flow
MPW
MPW
PAY
PAY
Q4 25
$45.0M
Q3 25
$35.0M
Q2 25
$31.4M
Q1 25
$50.4M
Q4 24
$27.8M
Q3 24
$6.7M
Q2 24
$17.8M
Q1 24
$10.8M
FCF Margin
MPW
MPW
PAY
PAY
Q4 25
13.6%
Q3 25
11.3%
Q2 25
11.2%
Q1 25
18.3%
Q4 24
10.8%
Q3 24
2.9%
Q2 24
9.0%
Q1 24
5.9%
Capex Intensity
MPW
MPW
PAY
PAY
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
MPW
MPW
PAY
PAY
Q4 25
13.11×
2.18×
Q3 25
1.98×
Q2 25
2.14×
Q1 25
3.65×
Q4 24
2.12×
Q3 24
0.47×
Q2 24
1.93×
Q1 24
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPW
MPW

Segment breakdown not available.

PAY
PAY

Payment Transaction Processing Revenue$326.9M99%
Other$3.5M1%

Related Comparisons