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Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and PHOTRONICS INC (PLAB). 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 $210.4M, roughly 1.3× PHOTRONICS INC). PHOTRONICS INC runs the higher net margin — 10.9% vs 6.5%, 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 -5.5%). Over the past eight quarters, MEDICAL PROPERTIES TRUST INC's revenue compounded faster (-0.2% CAGR vs -3.8%).
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...
Photronics, Inc. is an American semiconductor photomask manufacturer. It was the third largest photomask supplier globally as of 2009. Photronics is a member of the eBeam Initiative.
MPW vs PLAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $270.3M | $210.4M |
| Net Profit | $17.6M | $22.9M |
| Gross Margin | 95.8% | 33.7% |
| Operating Margin | 9.7% | 22.9% |
| Net Margin | 6.5% | 10.9% |
| Revenue YoY | 16.6% | -5.5% |
| Net Profit YoY | 104.3% | -32.4% |
| EPS (diluted) | $0.03 | $0.39 |
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.
| Q4 25 | $270.3M | — | ||
| Q3 25 | $237.5M | $210.4M | ||
| Q2 25 | $240.4M | $211.0M | ||
| Q1 25 | $223.8M | $212.1M | ||
| Q4 24 | $231.8M | $222.6M | ||
| Q3 24 | $225.8M | $211.0M | ||
| Q2 24 | $266.6M | $217.0M | ||
| Q1 24 | $271.3M | $216.3M |
| Q4 25 | $17.6M | — | ||
| Q3 25 | $-77.7M | $22.9M | ||
| Q2 25 | $-98.4M | $8.9M | ||
| Q1 25 | $-118.3M | $42.9M | ||
| Q4 24 | $-412.3M | $33.9M | ||
| Q3 24 | $-801.2M | $34.4M | ||
| Q2 24 | $-320.6M | $36.3M | ||
| Q1 24 | $-875.6M | $26.2M |
| Q4 25 | 95.8% | — | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | 91.8% | 36.9% | ||
| Q1 25 | 63.6% | 35.6% | ||
| Q4 24 | 90.9% | 37.0% | ||
| Q3 24 | 96.5% | 35.6% | ||
| Q2 24 | 98.4% | 36.5% | ||
| Q1 24 | 84.9% | 36.6% |
| Q4 25 | 9.7% | — | ||
| Q3 25 | -28.0% | 22.9% | ||
| Q2 25 | -36.7% | 26.4% | ||
| Q1 25 | -48.5% | 24.6% | ||
| Q4 24 | -173.7% | 25.1% | ||
| Q3 24 | -350.7% | 24.7% | ||
| Q2 24 | -114.5% | 25.8% | ||
| Q1 24 | -318.6% | 26.6% |
| Q4 25 | 6.5% | — | ||
| Q3 25 | -32.7% | 10.9% | ||
| Q2 25 | -40.9% | 4.2% | ||
| Q1 25 | -52.8% | 20.2% | ||
| Q4 24 | -177.8% | 15.2% | ||
| Q3 24 | -354.8% | 16.3% | ||
| Q2 24 | -120.3% | 16.7% | ||
| Q1 24 | -322.7% | 12.1% |
| Q4 25 | $0.03 | — | ||
| Q3 25 | $-0.13 | $0.39 | ||
| Q2 25 | $-0.16 | $0.15 | ||
| Q1 25 | $-0.20 | $0.68 | ||
| Q4 24 | $-0.68 | $0.54 | ||
| Q3 24 | $-1.34 | $0.55 | ||
| Q2 24 | $-0.54 | $0.58 | ||
| Q1 24 | $-1.46 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $540.9M | $575.8M |
| Total DebtLower is stronger | $9.7B | $16.0K |
| Stockholders' EquityBook value | $4.6B | $1.1B |
| Total Assets | $15.0B | $1.8B |
| Debt / EquityLower = less leverage | 2.11× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $540.9M | — | ||
| Q3 25 | $396.6M | $575.8M | ||
| Q2 25 | $509.8M | $558.4M | ||
| Q1 25 | $673.5M | $642.2M | ||
| Q4 24 | $332.3M | $640.7M | ||
| Q3 24 | $275.6M | $606.4M | ||
| Q2 24 | $606.5M | $559.9M | ||
| Q1 24 | $224.3M | $521.5M |
| Q4 25 | $9.7B | — | ||
| Q3 25 | $9.6B | $16.0K | ||
| Q2 25 | $9.6B | $19.0K | ||
| Q1 25 | $9.5B | $21.0K | ||
| Q4 24 | $8.8B | $25.0K | ||
| Q3 24 | $9.2B | $28.0K | ||
| Q2 24 | $9.4B | $2.5M | ||
| Q1 24 | $10.1B | $2.7M |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.7B | $1.1B | ||
| Q2 25 | $4.8B | $1.1B | ||
| Q1 25 | $4.8B | $1.1B | ||
| Q4 24 | $4.8B | $1.1B | ||
| Q3 24 | $5.4B | $1.1B | ||
| Q2 24 | $6.2B | $1.0B | ||
| Q1 24 | $6.7B | $1.0B |
| Q4 25 | $15.0B | — | ||
| Q3 25 | $14.9B | $1.8B | ||
| Q2 25 | $15.2B | $1.7B | ||
| Q1 25 | $14.9B | $1.7B | ||
| Q4 24 | $14.3B | $1.7B | ||
| Q3 24 | $15.2B | $1.6B | ||
| Q2 24 | $16.2B | $1.6B | ||
| Q1 24 | $17.3B | $1.6B |
| Q4 25 | 2.11× | — | ||
| Q3 25 | 2.06× | 0.00× | ||
| Q2 25 | 2.00× | 0.00× | ||
| Q1 25 | 1.99× | 0.00× | ||
| Q4 24 | 1.83× | 0.00× | ||
| Q3 24 | 1.69× | 0.00× | ||
| Q2 24 | 1.51× | 0.00× | ||
| Q1 24 | 1.51× | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $230.8M | $50.1M |
| Free Cash FlowOCF − Capex | — | $25.2M |
| FCF MarginFCF / Revenue | — | 12.0% |
| Capex IntensityCapex / Revenue | — | 11.8% |
| Cash ConversionOCF / Net Profit | 13.11× | 2.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $64.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $230.8M | — | ||
| Q3 25 | $18.6M | $50.1M | ||
| Q2 25 | $51.7M | $31.5M | ||
| Q1 25 | $384.0K | $78.5M | ||
| Q4 24 | $245.5M | $68.4M | ||
| Q3 24 | $59.2M | $75.1M | ||
| Q2 24 | $35.3M | $76.5M | ||
| Q1 24 | $74.3M | $41.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | $25.2M | ||
| Q2 25 | — | $-29.1M | ||
| Q1 25 | — | $43.3M | ||
| Q4 24 | — | $25.2M | ||
| Q3 24 | — | $50.7M | ||
| Q2 24 | — | $56.5M | ||
| Q1 24 | — | $-1.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | — | -13.8% | ||
| Q1 25 | — | 20.4% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 26.0% | ||
| Q1 24 | — | -0.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | 20.0% |
| Q4 25 | 13.11× | — | ||
| Q3 25 | — | 2.19× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | — | 2.18× | ||
| Q2 24 | — | 2.11× | ||
| Q1 24 | — | 1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MPW
Segment breakdown not available.
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |