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Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and Tecnoglass Inc. (TGLS). 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 $245.3M, roughly 1.1× Tecnoglass Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs 6.5%, a 4.1% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% 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...

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

MPW vs TGLS — Head-to-Head

Bigger by revenue
MPW
MPW
1.1× larger
MPW
$270.3M
$245.3M
TGLS
Growing faster (revenue YoY)
MPW
MPW
+14.2% gap
MPW
16.6%
2.4%
TGLS
Higher net margin
TGLS
TGLS
4.1% more per $
TGLS
10.6%
6.5%
MPW
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
-0.2%
MPW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPW
MPW
TGLS
TGLS
Revenue
$270.3M
$245.3M
Net Profit
$17.6M
$26.1M
Gross Margin
95.8%
40.0%
Operating Margin
9.7%
18.3%
Net Margin
6.5%
10.6%
Revenue YoY
16.6%
2.4%
Net Profit YoY
104.3%
-44.5%
EPS (diluted)
$0.03
$0.57

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
TGLS
TGLS
Q4 25
$270.3M
$245.3M
Q3 25
$237.5M
$260.5M
Q2 25
$240.4M
$255.5M
Q1 25
$223.8M
$222.3M
Q4 24
$231.8M
$239.6M
Q3 24
$225.8M
$238.3M
Q2 24
$266.6M
$219.7M
Q1 24
$271.3M
$192.6M
Net Profit
MPW
MPW
TGLS
TGLS
Q4 25
$17.6M
$26.1M
Q3 25
$-77.7M
$47.2M
Q2 25
$-98.4M
$44.1M
Q1 25
$-118.3M
$42.2M
Q4 24
$-412.3M
$47.0M
Q3 24
$-801.2M
$49.5M
Q2 24
$-320.6M
$35.0M
Q1 24
$-875.6M
$29.7M
Gross Margin
MPW
MPW
TGLS
TGLS
Q4 25
95.8%
40.0%
Q3 25
42.7%
Q2 25
91.8%
44.7%
Q1 25
63.6%
43.9%
Q4 24
90.9%
44.5%
Q3 24
96.5%
45.8%
Q2 24
98.4%
40.8%
Q1 24
84.9%
38.8%
Operating Margin
MPW
MPW
TGLS
TGLS
Q4 25
9.7%
18.3%
Q3 25
-28.0%
25.1%
Q2 25
-36.7%
24.0%
Q1 25
-48.5%
26.7%
Q4 24
-173.7%
28.0%
Q3 24
-350.7%
28.4%
Q2 24
-114.5%
23.3%
Q1 24
-318.6%
21.3%
Net Margin
MPW
MPW
TGLS
TGLS
Q4 25
6.5%
10.6%
Q3 25
-32.7%
18.1%
Q2 25
-40.9%
17.3%
Q1 25
-52.8%
19.0%
Q4 24
-177.8%
19.6%
Q3 24
-354.8%
20.8%
Q2 24
-120.3%
15.9%
Q1 24
-322.7%
15.4%
EPS (diluted)
MPW
MPW
TGLS
TGLS
Q4 25
$0.03
$0.57
Q3 25
$-0.13
$1.01
Q2 25
$-0.16
$0.94
Q1 25
$-0.20
$0.90
Q4 24
$-0.68
$1.00
Q3 24
$-1.34
$1.05
Q2 24
$-0.54
$0.75
Q1 24
$-1.46
$0.63

Balance Sheet & Financial Strength

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

Metric
MPW
MPW
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$540.9M
$104.1M
Total DebtLower is stronger
$9.7B
$174.4M
Stockholders' EquityBook value
$4.6B
$713.1M
Total Assets
$15.0B
$1.3B
Debt / EquityLower = less leverage
2.11×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPW
MPW
TGLS
TGLS
Q4 25
$540.9M
$104.1M
Q3 25
$396.6M
$127.1M
Q2 25
$509.8M
$140.9M
Q1 25
$673.5M
$160.2M
Q4 24
$332.3M
$137.5M
Q3 24
$275.6M
$124.8M
Q2 24
$606.5M
$129.5M
Q1 24
$224.3M
$138.8M
Total Debt
MPW
MPW
TGLS
TGLS
Q4 25
$9.7B
$174.4M
Q3 25
$9.6B
$114.7M
Q2 25
$9.6B
$110.6M
Q1 25
$9.5B
$110.6M
Q4 24
$8.8B
$111.1M
Q3 24
$9.2B
$126.8M
Q2 24
$9.4B
$144.7M
Q1 24
$10.1B
$160.9M
Stockholders' Equity
MPW
MPW
TGLS
TGLS
Q4 25
$4.6B
$713.1M
Q3 25
$4.7B
$764.0M
Q2 25
$4.8B
$736.0M
Q1 25
$4.8B
$685.1M
Q4 24
$4.8B
$631.2M
Q3 24
$5.4B
$613.3M
Q2 24
$6.2B
$574.8M
Q1 24
$6.7B
$573.6M
Total Assets
MPW
MPW
TGLS
TGLS
Q4 25
$15.0B
$1.3B
Q3 25
$14.9B
$1.2B
Q2 25
$15.2B
$1.2B
Q1 25
$14.9B
$1.1B
Q4 24
$14.3B
$1.0B
Q3 24
$15.2B
$996.3M
Q2 24
$16.2B
$942.5M
Q1 24
$17.3B
$981.6M
Debt / Equity
MPW
MPW
TGLS
TGLS
Q4 25
2.11×
0.24×
Q3 25
2.06×
0.15×
Q2 25
2.00×
0.15×
Q1 25
1.99×
0.16×
Q4 24
1.83×
0.18×
Q3 24
1.69×
0.21×
Q2 24
1.51×
0.25×
Q1 24
1.51×
0.28×

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
TGLS
TGLS
Operating Cash FlowLast quarter
$230.8M
$31.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
13.11×
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPW
MPW
TGLS
TGLS
Q4 25
$230.8M
$31.0M
Q3 25
$18.6M
$40.0M
Q2 25
$51.7M
$17.9M
Q1 25
$384.0K
$46.9M
Q4 24
$245.5M
$61.1M
Q3 24
$59.2M
$41.5M
Q2 24
$35.3M
$34.5M
Q1 24
$74.3M
$33.4M
Free Cash Flow
MPW
MPW
TGLS
TGLS
Q4 25
$11.4M
Q3 25
$21.2M
Q2 25
$-14.7M
Q1 25
$16.5M
Q4 24
$35.4M
Q3 24
$17.8M
Q2 24
$14.2M
Q1 24
$23.6M
FCF Margin
MPW
MPW
TGLS
TGLS
Q4 25
4.7%
Q3 25
8.2%
Q2 25
-5.7%
Q1 25
7.4%
Q4 24
14.8%
Q3 24
7.5%
Q2 24
6.5%
Q1 24
12.2%
Capex Intensity
MPW
MPW
TGLS
TGLS
Q4 25
8.0%
Q3 25
7.2%
Q2 25
12.7%
Q1 25
13.7%
Q4 24
10.7%
Q3 24
9.9%
Q2 24
9.2%
Q1 24
5.1%
Cash Conversion
MPW
MPW
TGLS
TGLS
Q4 25
13.11×
1.19×
Q3 25
0.85×
Q2 25
0.41×
Q1 25
1.11×
Q4 24
1.30×
Q3 24
0.84×
Q2 24
0.98×
Q1 24
1.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPW
MPW

Segment breakdown not available.

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

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