vs
Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and DOUGLAS DYNAMICS, INC (PLOW). 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 $184.5M, roughly 1.5× DOUGLAS DYNAMICS, INC). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs 6.5%, a 0.4% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 16.6%). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% 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...
General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...
MPW vs PLOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.3M | $184.5M |
| Net Profit | $17.6M | $12.8M |
| Gross Margin | 95.8% | 26.1% |
| Operating Margin | 9.7% | 10.5% |
| Net Margin | 6.5% | 7.0% |
| Revenue YoY | 16.6% | 28.6% |
| Net Profit YoY | 104.3% | 62.3% |
| EPS (diluted) | $0.03 | $0.54 |
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 | $184.5M | ||
| Q3 25 | $237.5M | $162.1M | ||
| Q2 25 | $240.4M | $194.3M | ||
| Q1 25 | $223.8M | $115.1M | ||
| Q4 24 | $231.8M | $143.5M | ||
| Q3 24 | $225.8M | $129.4M | ||
| Q2 24 | $266.6M | $199.9M | ||
| Q1 24 | $271.3M | $95.7M |
| Q4 25 | $17.6M | $12.8M | ||
| Q3 25 | $-77.7M | $8.0M | ||
| Q2 25 | $-98.4M | $26.0M | ||
| Q1 25 | $-118.3M | $148.0K | ||
| Q4 24 | $-412.3M | $7.9M | ||
| Q3 24 | $-801.2M | $32.3M | ||
| Q2 24 | $-320.6M | $24.3M | ||
| Q1 24 | $-875.6M | $-8.4M |
| Q4 25 | 95.8% | 26.1% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | 91.8% | 31.0% | ||
| Q1 25 | 63.6% | 24.5% | ||
| Q4 24 | 90.9% | 24.9% | ||
| Q3 24 | 96.5% | 23.9% | ||
| Q2 24 | 98.4% | 30.7% | ||
| Q1 24 | 84.9% | 19.8% |
| Q4 25 | 9.7% | 10.5% | ||
| Q3 25 | -28.0% | 8.7% | ||
| Q2 25 | -36.7% | 19.0% | ||
| Q1 25 | -48.5% | 2.8% | ||
| Q4 24 | -173.7% | 9.0% | ||
| Q3 24 | -350.7% | 35.4% | ||
| Q2 24 | -114.5% | 18.2% | ||
| Q1 24 | -318.6% | -6.7% |
| Q4 25 | 6.5% | 7.0% | ||
| Q3 25 | -32.7% | 4.9% | ||
| Q2 25 | -40.9% | 13.4% | ||
| Q1 25 | -52.8% | 0.1% | ||
| Q4 24 | -177.8% | 5.5% | ||
| Q3 24 | -354.8% | 24.9% | ||
| Q2 24 | -120.3% | 12.2% | ||
| Q1 24 | -322.7% | -8.7% |
| Q4 25 | $0.03 | $0.54 | ||
| Q3 25 | $-0.13 | $0.33 | ||
| Q2 25 | $-0.16 | $1.09 | ||
| Q1 25 | $-0.20 | $0.00 | ||
| Q4 24 | $-0.68 | $0.35 | ||
| Q3 24 | $-1.34 | $1.36 | ||
| Q2 24 | $-0.54 | $1.02 | ||
| Q1 24 | $-1.46 | $-0.37 |
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 | — |
| Total DebtLower is stronger | $9.7B | $144.0M |
| Stockholders' EquityBook value | $4.6B | $281.4M |
| Total Assets | $15.0B | $626.7M |
| Debt / EquityLower = less leverage | 2.11× | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $540.9M | — | ||
| Q3 25 | $396.6M | — | ||
| Q2 25 | $509.8M | — | ||
| Q1 25 | $673.5M | — | ||
| Q4 24 | $332.3M | — | ||
| Q3 24 | $275.6M | — | ||
| Q2 24 | $606.5M | — | ||
| Q1 24 | $224.3M | — |
| Q4 25 | $9.7B | $144.0M | ||
| Q3 25 | $9.6B | — | ||
| Q2 25 | $9.6B | — | ||
| Q1 25 | $9.5B | — | ||
| Q4 24 | $8.8B | $147.5M | ||
| Q3 24 | $9.2B | — | ||
| Q2 24 | $9.4B | — | ||
| Q1 24 | $10.1B | — |
| Q4 25 | $4.6B | $281.4M | ||
| Q3 25 | $4.7B | $275.3M | ||
| Q2 25 | $4.8B | $273.3M | ||
| Q1 25 | $4.8B | $258.9M | ||
| Q4 24 | $4.8B | $264.2M | ||
| Q3 24 | $5.4B | $260.8M | ||
| Q2 24 | $6.2B | $236.7M | ||
| Q1 24 | $6.7B | $217.2M |
| Q4 25 | $15.0B | $626.7M | ||
| Q3 25 | $14.9B | $694.9M | ||
| Q2 25 | $15.2B | $671.5M | ||
| Q1 25 | $14.9B | $621.0M | ||
| Q4 24 | $14.3B | $590.0M | ||
| Q3 24 | $15.2B | $665.6M | ||
| Q2 24 | $16.2B | $617.0M | ||
| Q1 24 | $17.3B | $577.1M |
| Q4 25 | 2.11× | 0.51× | ||
| Q3 25 | 2.06× | — | ||
| Q2 25 | 2.00× | — | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 1.83× | 0.56× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $230.8M | $95.9M |
| Free Cash FlowOCF − Capex | — | $92.8M |
| FCF MarginFCF / Revenue | — | 50.3% |
| Capex IntensityCapex / Revenue | — | 1.7% |
| Cash ConversionOCF / Net Profit | 13.11× | 7.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | $63.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $230.8M | $95.9M | ||
| Q3 25 | $18.6M | $-8.5M | ||
| Q2 25 | $51.7M | $-11.4M | ||
| Q1 25 | $384.0K | $-1.3M | ||
| Q4 24 | $245.5M | $74.4M | ||
| Q3 24 | $59.2M | $-14.2M | ||
| Q2 24 | $35.3M | $2.5M | ||
| Q1 24 | $74.3M | $-21.6M |
| Q4 25 | — | $92.8M | ||
| Q3 25 | — | $-11.4M | ||
| Q2 25 | — | $-14.3M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | — | $70.2M | ||
| Q3 24 | — | $-15.2M | ||
| Q2 24 | — | $836.0K | ||
| Q1 24 | — | $-22.4M |
| Q4 25 | — | 50.3% | ||
| Q3 25 | — | -7.1% | ||
| Q2 25 | — | -7.4% | ||
| Q1 25 | — | -3.0% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | -11.8% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -23.4% |
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | 13.11× | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MPW
Segment breakdown not available.
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
