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Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and PTC THERAPEUTICS, INC. (PTCT). 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 $164.7M, roughly 1.6× PTC THERAPEUTICS, INC.). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs -82.0%, a 88.5% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs -22.7%). Over the past eight quarters, MEDICAL PROPERTIES TRUST INC's revenue compounded faster (-0.2% CAGR vs -11.5%).

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...

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

MPW vs PTCT — Head-to-Head

Bigger by revenue
MPW
MPW
1.6× larger
MPW
$270.3M
$164.7M
PTCT
Growing faster (revenue YoY)
MPW
MPW
+39.4% gap
MPW
16.6%
-22.7%
PTCT
Higher net margin
MPW
MPW
88.5% more per $
MPW
6.5%
-82.0%
PTCT
Faster 2-yr revenue CAGR
MPW
MPW
Annualised
MPW
-0.2%
-11.5%
PTCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPW
MPW
PTCT
PTCT
Revenue
$270.3M
$164.7M
Net Profit
$17.6M
$-135.0M
Gross Margin
95.8%
Operating Margin
9.7%
-43.3%
Net Margin
6.5%
-82.0%
Revenue YoY
16.6%
-22.7%
Net Profit YoY
104.3%
-104.8%
EPS (diluted)
$0.03
$-1.63

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
PTCT
PTCT
Q4 25
$270.3M
$164.7M
Q3 25
$237.5M
$211.0M
Q2 25
$240.4M
$178.9M
Q1 25
$223.8M
$1.2B
Q4 24
$231.8M
$213.2M
Q3 24
$225.8M
$196.8M
Q2 24
$266.6M
$186.7M
Q1 24
$271.3M
$210.1M
Net Profit
MPW
MPW
PTCT
PTCT
Q4 25
$17.6M
$-135.0M
Q3 25
$-77.7M
$15.9M
Q2 25
$-98.4M
$-64.8M
Q1 25
$-118.3M
$866.6M
Q4 24
$-412.3M
$-65.9M
Q3 24
$-801.2M
$-106.7M
Q2 24
$-320.6M
$-99.2M
Q1 24
$-875.6M
$-91.6M
Gross Margin
MPW
MPW
PTCT
PTCT
Q4 25
95.8%
Q3 25
Q2 25
91.8%
Q1 25
63.6%
Q4 24
90.9%
Q3 24
96.5%
Q2 24
98.4%
Q1 24
84.9%
Operating Margin
MPW
MPW
PTCT
PTCT
Q4 25
9.7%
-43.3%
Q3 25
-28.0%
1.4%
Q2 25
-36.7%
-19.5%
Q1 25
-48.5%
82.5%
Q4 24
-173.7%
-76.2%
Q3 24
-350.7%
-27.7%
Q2 24
-114.5%
-21.5%
Q1 24
-318.6%
-21.6%
Net Margin
MPW
MPW
PTCT
PTCT
Q4 25
6.5%
-82.0%
Q3 25
-32.7%
7.5%
Q2 25
-40.9%
-36.3%
Q1 25
-52.8%
73.7%
Q4 24
-177.8%
-30.9%
Q3 24
-354.8%
-54.2%
Q2 24
-120.3%
-53.1%
Q1 24
-322.7%
-43.6%
EPS (diluted)
MPW
MPW
PTCT
PTCT
Q4 25
$0.03
$-1.63
Q3 25
$-0.13
$0.20
Q2 25
$-0.16
$-0.83
Q1 25
$-0.20
$10.04
Q4 24
$-0.68
$-0.85
Q3 24
$-1.34
$-1.39
Q2 24
$-0.54
$-1.29
Q1 24
$-1.46
$-1.20

Balance Sheet & Financial Strength

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

Metric
MPW
MPW
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$540.9M
$1.9B
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$4.6B
$-205.3M
Total Assets
$15.0B
$2.9B
Debt / EquityLower = less leverage
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPW
MPW
PTCT
PTCT
Q4 25
$540.9M
$1.9B
Q3 25
$396.6M
$1.7B
Q2 25
$509.8M
$2.0B
Q1 25
$673.5M
$2.0B
Q4 24
$332.3M
$1.1B
Q3 24
$275.6M
$1.0B
Q2 24
$606.5M
$1.1B
Q1 24
$224.3M
$884.8M
Total Debt
MPW
MPW
PTCT
PTCT
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
PTCT
PTCT
Q4 25
$4.6B
$-205.3M
Q3 25
$4.7B
$-155.8M
Q2 25
$4.8B
$-206.5M
Q1 25
$4.8B
$-185.8M
Q4 24
$4.8B
$-1.1B
Q3 24
$5.4B
$-1.1B
Q2 24
$6.2B
$-980.2M
Q1 24
$6.7B
$-893.9M
Total Assets
MPW
MPW
PTCT
PTCT
Q4 25
$15.0B
$2.9B
Q3 25
$14.9B
$2.6B
Q2 25
$15.2B
$2.6B
Q1 25
$14.9B
$2.7B
Q4 24
$14.3B
$1.7B
Q3 24
$15.2B
$1.8B
Q2 24
$16.2B
$1.9B
Q1 24
$17.3B
$1.8B
Debt / Equity
MPW
MPW
PTCT
PTCT
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
PTCT
PTCT
Operating Cash FlowLast quarter
$230.8M
$-34.3M
Free Cash FlowOCF − Capex
$-36.6M
FCF MarginFCF / Revenue
-22.3%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPW
MPW
PTCT
PTCT
Q4 25
$230.8M
$-34.3M
Q3 25
$18.6M
$-66.3M
Q2 25
$51.7M
$-58.3M
Q1 25
$384.0K
$870.1M
Q4 24
$245.5M
$-30.0M
Q3 24
$59.2M
$-77.0M
Q2 24
$35.3M
$-71.5M
Q1 24
$74.3M
$70.8M
Free Cash Flow
MPW
MPW
PTCT
PTCT
Q4 25
$-36.6M
Q3 25
$-69.7M
Q2 25
$-59.6M
Q1 25
$868.4M
Q4 24
$-33.8M
Q3 24
$-77.5M
Q2 24
$-78.8M
Q1 24
$61.2M
FCF Margin
MPW
MPW
PTCT
PTCT
Q4 25
-22.3%
Q3 25
-33.1%
Q2 25
-33.3%
Q1 25
73.8%
Q4 24
-15.8%
Q3 24
-39.4%
Q2 24
-42.2%
Q1 24
29.1%
Capex Intensity
MPW
MPW
PTCT
PTCT
Q4 25
1.4%
Q3 25
1.6%
Q2 25
0.7%
Q1 25
0.1%
Q4 24
1.8%
Q3 24
0.3%
Q2 24
4.0%
Q1 24
4.6%
Cash Conversion
MPW
MPW
PTCT
PTCT
Q4 25
13.11×
Q3 25
-4.17×
Q2 25
Q1 25
1.00×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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