vs

Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and TRIMAS CORP (TRS). 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 $256.5M, roughly 1.1× TRIMAS CORP). TRIMAS CORP runs the higher net margin — 31.9% vs 6.5%, a 25.3% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 3.8%). Over the past eight quarters, TRIMAS CORP's revenue compounded faster (3.3% 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...

Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.

MPW vs TRS — Head-to-Head

Bigger by revenue
MPW
MPW
1.1× larger
MPW
$270.3M
$256.5M
TRS
Growing faster (revenue YoY)
MPW
MPW
+12.8% gap
MPW
16.6%
3.8%
TRS
Higher net margin
TRS
TRS
25.3% more per $
TRS
31.9%
6.5%
MPW
Faster 2-yr revenue CAGR
TRS
TRS
Annualised
TRS
3.3%
-0.2%
MPW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MPW
MPW
TRS
TRS
Revenue
$270.3M
$256.5M
Net Profit
$17.6M
$81.7M
Gross Margin
95.8%
12.8%
Operating Margin
9.7%
5.7%
Net Margin
6.5%
31.9%
Revenue YoY
16.6%
3.8%
Net Profit YoY
104.3%
236.9%
EPS (diluted)
$0.03
$2.03

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
TRS
TRS
Q1 26
$256.5M
Q4 25
$270.3M
$-140.0M
Q3 25
$237.5M
$269.3M
Q2 25
$240.4M
$274.8M
Q1 25
$223.8M
$241.7M
Q4 24
$231.8M
$-66.2M
Q3 24
$225.8M
$229.4M
Q2 24
$266.6M
$240.5M
Net Profit
MPW
MPW
TRS
TRS
Q1 26
$81.7M
Q4 25
$17.6M
$81.7M
Q3 25
$-77.7M
$9.3M
Q2 25
$-98.4M
$16.7M
Q1 25
$-118.3M
$12.4M
Q4 24
$-412.3M
$5.6M
Q3 24
$-801.2M
$2.5M
Q2 24
$-320.6M
$10.9M
Gross Margin
MPW
MPW
TRS
TRS
Q1 26
12.8%
Q4 25
95.8%
Q3 25
12.8%
Q2 25
91.8%
13.8%
Q1 25
63.6%
13.6%
Q4 24
90.9%
Q3 24
96.5%
15.4%
Q2 24
98.4%
14.4%
Operating Margin
MPW
MPW
TRS
TRS
Q1 26
5.7%
Q4 25
9.7%
Q3 25
-28.0%
6.2%
Q2 25
-36.7%
9.9%
Q1 25
-48.5%
9.0%
Q4 24
-173.7%
Q3 24
-350.7%
3.6%
Q2 24
-114.5%
7.4%
Net Margin
MPW
MPW
TRS
TRS
Q1 26
31.9%
Q4 25
6.5%
-58.4%
Q3 25
-32.7%
3.5%
Q2 25
-40.9%
6.1%
Q1 25
-52.8%
5.1%
Q4 24
-177.8%
-8.5%
Q3 24
-354.8%
1.1%
Q2 24
-120.3%
4.5%
EPS (diluted)
MPW
MPW
TRS
TRS
Q1 26
$2.03
Q4 25
$0.03
$2.01
Q3 25
$-0.13
$0.23
Q2 25
$-0.16
$0.41
Q1 25
$-0.20
$0.30
Q4 24
$-0.68
$0.14
Q3 24
$-1.34
$0.06
Q2 24
$-0.54
$0.27

Balance Sheet & Financial Strength

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

Metric
MPW
MPW
TRS
TRS
Cash + ST InvestmentsLiquidity on hand
$540.9M
$30.0M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$4.6B
$705.6M
Total Assets
$15.0B
$1.5B
Debt / EquityLower = less leverage
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPW
MPW
TRS
TRS
Q1 26
$30.0M
Q4 25
$540.9M
$30.0M
Q3 25
$396.6M
$33.6M
Q2 25
$509.8M
$30.3M
Q1 25
$673.5M
$32.7M
Q4 24
$332.3M
$23.1M
Q3 24
$275.6M
$26.9M
Q2 24
$606.5M
$35.0M
Total Debt
MPW
MPW
TRS
TRS
Q1 26
Q4 25
$9.7B
$469.2M
Q3 25
$9.6B
$407.1M
Q2 25
$9.6B
$424.5M
Q1 25
$9.5B
$434.2M
Q4 24
$8.8B
$398.1M
Q3 24
$9.2B
$409.9M
Q2 24
$9.4B
$427.4M
Stockholders' Equity
MPW
MPW
TRS
TRS
Q1 26
$705.6M
Q4 25
$4.6B
$705.6M
Q3 25
$4.7B
$725.0M
Q2 25
$4.8B
$715.3M
Q1 25
$4.8B
$686.6M
Q4 24
$4.8B
$667.3M
Q3 24
$5.4B
$682.8M
Q2 24
$6.2B
$675.9M
Total Assets
MPW
MPW
TRS
TRS
Q1 26
$1.5B
Q4 25
$15.0B
$1.5B
Q3 25
$14.9B
$1.4B
Q2 25
$15.2B
$1.4B
Q1 25
$14.9B
$1.4B
Q4 24
$14.3B
$1.3B
Q3 24
$15.2B
$1.4B
Q2 24
$16.2B
$1.4B
Debt / Equity
MPW
MPW
TRS
TRS
Q1 26
Q4 25
2.11×
0.66×
Q3 25
2.06×
0.56×
Q2 25
2.00×
0.59×
Q1 25
1.99×
0.63×
Q4 24
1.83×
0.60×
Q3 24
1.69×
0.60×
Q2 24
1.51×
0.63×

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
TRS
TRS
Operating Cash FlowLast quarter
$230.8M
$117.5M
Free Cash FlowOCF − Capex
$36.8M
FCF MarginFCF / Revenue
14.4%
Capex IntensityCapex / Revenue
18.9%
Cash ConversionOCF / Net Profit
13.11×
1.44×
TTM Free Cash FlowTrailing 4 quarters
$109.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPW
MPW
TRS
TRS
Q1 26
$117.5M
Q4 25
$230.8M
$41.5M
Q3 25
$18.6M
$36.5M
Q2 25
$51.7M
$30.3M
Q1 25
$384.0K
$9.2M
Q4 24
$245.5M
$27.1M
Q3 24
$59.2M
$22.0M
Q2 24
$35.3M
$18.4M
Free Cash Flow
MPW
MPW
TRS
TRS
Q1 26
$36.8M
Q4 25
$36.8M
Q3 25
$22.8M
Q2 25
$13.2M
Q1 25
$-3.8M
Q4 24
$12.1M
Q3 24
$10.2M
Q2 24
$7.5M
FCF Margin
MPW
MPW
TRS
TRS
Q1 26
14.4%
Q4 25
-26.3%
Q3 25
8.5%
Q2 25
4.8%
Q1 25
-1.6%
Q4 24
-18.3%
Q3 24
4.4%
Q2 24
3.1%
Capex Intensity
MPW
MPW
TRS
TRS
Q1 26
18.9%
Q4 25
-3.4%
Q3 25
5.1%
Q2 25
6.2%
Q1 25
5.4%
Q4 24
-22.6%
Q3 24
5.2%
Q2 24
4.5%
Cash Conversion
MPW
MPW
TRS
TRS
Q1 26
1.44×
Q4 25
13.11×
0.51×
Q3 25
3.92×
Q2 25
1.81×
Q1 25
0.74×
Q4 24
4.80×
Q3 24
8.71×
Q2 24
1.68×

Financial Flow Comparison

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

Related Comparisons