vs
Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and UPWORK, INC (UPWK). 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 $198.4M, roughly 1.4× UPWORK, INC). UPWORK, INC runs the higher net margin — 7.9% vs 6.5%, a 1.4% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 3.6%). Over the past eight quarters, UPWORK, INC's revenue compounded faster (1.9% 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...
Upwork Inc. is an American freelancing platform headquartered in Santa Clara and San Francisco, California. The company was formed in 2013 as Elance-oDesk after the merger of Elance Inc. and oDesk Corp. The merged company was subsequently rebranded as Upwork in 2015.
MPW vs UPWK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.3M | $198.4M |
| Net Profit | $17.6M | $15.6M |
| Gross Margin | 95.8% | 78.0% |
| Operating Margin | 9.7% | 14.3% |
| Net Margin | 6.5% | 7.9% |
| Revenue YoY | 16.6% | 3.6% |
| Net Profit YoY | 104.3% | -89.4% |
| EPS (diluted) | $0.03 | $0.12 |
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 | $198.4M | ||
| Q3 25 | $237.5M | $201.7M | ||
| Q2 25 | $240.4M | $194.9M | ||
| Q1 25 | $223.8M | $192.7M | ||
| Q4 24 | $231.8M | $191.5M | ||
| Q3 24 | $225.8M | $193.8M | ||
| Q2 24 | $266.6M | $193.1M | ||
| Q1 24 | $271.3M | $190.9M |
| Q4 25 | $17.6M | $15.6M | ||
| Q3 25 | $-77.7M | $29.3M | ||
| Q2 25 | $-98.4M | $32.7M | ||
| Q1 25 | $-118.3M | $37.7M | ||
| Q4 24 | $-412.3M | $147.2M | ||
| Q3 24 | $-801.2M | $27.8M | ||
| Q2 24 | $-320.6M | $22.2M | ||
| Q1 24 | $-875.6M | $18.4M |
| Q4 25 | 95.8% | 78.0% | ||
| Q3 25 | — | 77.3% | ||
| Q2 25 | 91.8% | 77.7% | ||
| Q1 25 | 63.6% | 78.3% | ||
| Q4 24 | 90.9% | 77.7% | ||
| Q3 24 | 96.5% | 77.6% | ||
| Q2 24 | 98.4% | 77.3% | ||
| Q1 24 | 84.9% | 76.9% |
| Q4 25 | 9.7% | 14.3% | ||
| Q3 25 | -28.0% | 14.8% | ||
| Q2 25 | -36.7% | 16.7% | ||
| Q1 25 | -48.5% | 20.1% | ||
| Q4 24 | -173.7% | 7.1% | ||
| Q3 24 | -350.7% | 10.7% | ||
| Q2 24 | -114.5% | 9.2% | ||
| Q1 24 | -318.6% | 6.8% |
| Q4 25 | 6.5% | 7.9% | ||
| Q3 25 | -32.7% | 14.5% | ||
| Q2 25 | -40.9% | 16.8% | ||
| Q1 25 | -52.8% | 19.6% | ||
| Q4 24 | -177.8% | 76.9% | ||
| Q3 24 | -354.8% | 14.3% | ||
| Q2 24 | -120.3% | 11.5% | ||
| Q1 24 | -322.7% | 9.7% |
| Q4 25 | $0.03 | $0.12 | ||
| Q3 25 | $-0.13 | $0.21 | ||
| Q2 25 | $-0.16 | $0.24 | ||
| Q1 25 | $-0.20 | $0.27 | ||
| Q4 24 | $-0.68 | $1.02 | ||
| Q3 24 | $-1.34 | $0.20 | ||
| Q2 24 | $-0.54 | $0.17 | ||
| Q1 24 | $-1.46 | $0.13 |
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 | $672.8M |
| Total DebtLower is stronger | $9.7B | $359.8M |
| Stockholders' EquityBook value | $4.6B | $630.3M |
| Total Assets | $15.0B | $1.3B |
| Debt / EquityLower = less leverage | 2.11× | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $540.9M | $672.8M | ||
| Q3 25 | $396.6M | $643.1M | ||
| Q2 25 | $509.8M | $634.6M | ||
| Q1 25 | $673.5M | $622.1M | ||
| Q4 24 | $332.3M | $622.1M | ||
| Q3 24 | $275.6M | $601.2M | ||
| Q2 24 | $606.5M | $497.7M | ||
| Q1 24 | $224.3M | $490.6M |
| Q4 25 | $9.7B | $359.8M | ||
| Q3 25 | $9.6B | $359.3M | ||
| Q2 25 | $9.6B | — | ||
| Q1 25 | $9.5B | — | ||
| Q4 24 | $8.8B | $357.9M | ||
| Q3 24 | $9.2B | — | ||
| Q2 24 | $9.4B | — | ||
| Q1 24 | $10.1B | — |
| Q4 25 | $4.6B | $630.3M | ||
| Q3 25 | $4.7B | $628.1M | ||
| Q2 25 | $4.8B | $608.7M | ||
| Q1 25 | $4.8B | $594.3M | ||
| Q4 24 | $4.8B | $575.4M | ||
| Q3 24 | $5.4B | $411.2M | ||
| Q2 24 | $6.2B | $361.1M | ||
| Q1 24 | $6.7B | $348.9M |
| Q4 25 | $15.0B | $1.3B | ||
| Q3 25 | $14.9B | $1.3B | ||
| Q2 25 | $15.2B | $1.3B | ||
| Q1 25 | $14.9B | $1.2B | ||
| Q4 24 | $14.3B | $1.2B | ||
| Q3 24 | $15.2B | $1.1B | ||
| Q2 24 | $16.2B | $1.0B | ||
| Q1 24 | $17.3B | $1.0B |
| Q4 25 | 2.11× | 0.57× | ||
| Q3 25 | 2.06× | 0.57× | ||
| Q2 25 | 2.00× | — | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 1.83× | 0.62× | ||
| 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 | $63.7M |
| Free Cash FlowOCF − Capex | — | $63.2M |
| FCF MarginFCF / Revenue | — | 31.9% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | 13.11× | 4.07× |
| TTM Free Cash FlowTrailing 4 quarters | — | $242.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $230.8M | $63.7M | ||
| Q3 25 | $18.6M | $75.1M | ||
| Q2 25 | $51.7M | $72.5M | ||
| Q1 25 | $384.0K | $37.0M | ||
| Q4 24 | $245.5M | $38.6M | ||
| Q3 24 | $59.2M | $61.0M | ||
| Q2 24 | $35.3M | $39.2M | ||
| Q1 24 | $74.3M | $14.8M |
| Q4 25 | — | $63.2M | ||
| Q3 25 | — | $74.6M | ||
| Q2 25 | — | $70.1M | ||
| Q1 25 | — | $34.5M | ||
| Q4 24 | — | $37.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $38.6M | ||
| Q1 24 | — | $14.6M |
| Q4 25 | — | 31.9% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 36.0% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 30.8% | ||
| Q2 24 | — | 20.0% | ||
| Q1 24 | — | 7.7% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | 13.11× | 4.07× | ||
| Q3 25 | — | 2.56× | ||
| Q2 25 | — | 2.22× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 2.20× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 0.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
