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Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and XPLR Infrastructure, LP (XIFR). 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 $249.0M, roughly 1.1× XPLR Infrastructure, LP). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs 6.5%, a 4.7% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs -15.3%). Over the past eight quarters, MEDICAL PROPERTIES TRUST INC's revenue compounded faster (-0.2% CAGR vs -1.6%).

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...

XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.

MPW vs XIFR — Head-to-Head

Bigger by revenue
MPW
MPW
1.1× larger
MPW
$270.3M
$249.0M
XIFR
Growing faster (revenue YoY)
MPW
MPW
+31.9% gap
MPW
16.6%
-15.3%
XIFR
Higher net margin
XIFR
XIFR
4.7% more per $
XIFR
11.2%
6.5%
MPW
Faster 2-yr revenue CAGR
MPW
MPW
Annualised
MPW
-0.2%
-1.6%
XIFR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPW
MPW
XIFR
XIFR
Revenue
$270.3M
$249.0M
Net Profit
$17.6M
$28.0M
Gross Margin
95.8%
Operating Margin
9.7%
-19.3%
Net Margin
6.5%
11.2%
Revenue YoY
16.6%
-15.3%
Net Profit YoY
104.3%
124.3%
EPS (diluted)
$0.03

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
XIFR
XIFR
Q4 25
$270.3M
$249.0M
Q3 25
$237.5M
$315.0M
Q2 25
$240.4M
$342.0M
Q1 25
$223.8M
$282.0M
Q4 24
$231.8M
$294.0M
Q3 24
$225.8M
$319.0M
Q2 24
$266.6M
$360.0M
Q1 24
$271.3M
$257.0M
Net Profit
MPW
MPW
XIFR
XIFR
Q4 25
$17.6M
$28.0M
Q3 25
$-77.7M
$-37.0M
Q2 25
$-98.4M
$79.0M
Q1 25
$-118.3M
$-98.0M
Q4 24
$-412.3M
$-115.0M
Q3 24
$-801.2M
$-40.0M
Q2 24
$-320.6M
$62.0M
Q1 24
$-875.6M
$70.0M
Gross Margin
MPW
MPW
XIFR
XIFR
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
XIFR
XIFR
Q4 25
9.7%
-19.3%
Q3 25
-28.0%
1.6%
Q2 25
-36.7%
26.3%
Q1 25
-48.5%
-82.6%
Q4 24
-173.7%
-188.1%
Q3 24
-350.7%
15.4%
Q2 24
-114.5%
18.3%
Q1 24
-318.6%
-8.2%
Net Margin
MPW
MPW
XIFR
XIFR
Q4 25
6.5%
11.2%
Q3 25
-32.7%
-11.7%
Q2 25
-40.9%
23.1%
Q1 25
-52.8%
-34.8%
Q4 24
-177.8%
-39.1%
Q3 24
-354.8%
-12.5%
Q2 24
-120.3%
17.2%
Q1 24
-322.7%
27.2%
EPS (diluted)
MPW
MPW
XIFR
XIFR
Q4 25
$0.03
Q3 25
$-0.13
$-0.40
Q2 25
$-0.16
$0.84
Q1 25
$-0.20
$-1.05
Q4 24
$-0.68
Q3 24
$-1.34
$-0.43
Q2 24
$-0.54
$0.66
Q1 24
$-1.46
$0.75

Balance Sheet & Financial Strength

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

Metric
MPW
MPW
XIFR
XIFR
Cash + ST InvestmentsLiquidity on hand
$540.9M
$960.0M
Total DebtLower is stronger
$9.7B
$6.2B
Stockholders' EquityBook value
$4.6B
$10.9B
Total Assets
$15.0B
$19.6B
Debt / EquityLower = less leverage
2.11×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPW
MPW
XIFR
XIFR
Q4 25
$540.9M
$960.0M
Q3 25
$396.6M
$711.0M
Q2 25
$509.8M
$880.0M
Q1 25
$673.5M
$1.5B
Q4 24
$332.3M
$283.0M
Q3 24
$275.6M
$290.0M
Q2 24
$606.5M
$281.0M
Q1 24
$224.3M
$245.0M
Total Debt
MPW
MPW
XIFR
XIFR
Q4 25
$9.7B
$6.2B
Q3 25
$9.6B
Q2 25
$9.6B
Q1 25
$9.5B
Q4 24
$8.8B
$5.3B
Q3 24
$9.2B
Q2 24
$9.4B
Q1 24
$10.1B
Stockholders' Equity
MPW
MPW
XIFR
XIFR
Q4 25
$4.6B
$10.9B
Q3 25
$4.7B
$11.0B
Q2 25
$4.8B
$11.3B
Q1 25
$4.8B
$12.6B
Q4 24
$4.8B
$12.9B
Q3 24
$5.4B
$13.6B
Q2 24
$6.2B
$13.9B
Q1 24
$6.7B
$14.0B
Total Assets
MPW
MPW
XIFR
XIFR
Q4 25
$15.0B
$19.6B
Q3 25
$14.9B
$19.1B
Q2 25
$15.2B
$20.5B
Q1 25
$14.9B
$21.4B
Q4 24
$14.3B
$20.3B
Q3 24
$15.2B
$20.9B
Q2 24
$16.2B
$21.7B
Q1 24
$17.3B
$22.3B
Debt / Equity
MPW
MPW
XIFR
XIFR
Q4 25
2.11×
0.57×
Q3 25
2.06×
Q2 25
2.00×
Q1 25
1.99×
Q4 24
1.83×
0.41×
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
XIFR
XIFR
Operating Cash FlowLast quarter
$230.8M
$186.0M
Free Cash FlowOCF − Capex
$-88.0M
FCF MarginFCF / Revenue
-35.3%
Capex IntensityCapex / Revenue
110.0%
Cash ConversionOCF / Net Profit
13.11×
6.64×
TTM Free Cash FlowTrailing 4 quarters
$-219.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPW
MPW
XIFR
XIFR
Q4 25
$230.8M
$186.0M
Q3 25
$18.6M
$231.0M
Q2 25
$51.7M
$232.0M
Q1 25
$384.0K
$90.0M
Q4 24
$245.5M
$283.0M
Q3 24
$59.2M
$208.0M
Q2 24
$35.3M
$231.0M
Q1 24
$74.3M
$78.0M
Free Cash Flow
MPW
MPW
XIFR
XIFR
Q4 25
$-88.0M
Q3 25
$-283.0M
Q2 25
$151.0M
Q1 25
$1.0M
Q4 24
$231.0M
Q3 24
$152.0M
Q2 24
$162.0M
Q1 24
$14.0M
FCF Margin
MPW
MPW
XIFR
XIFR
Q4 25
-35.3%
Q3 25
-89.8%
Q2 25
44.2%
Q1 25
0.4%
Q4 24
78.6%
Q3 24
47.6%
Q2 24
45.0%
Q1 24
5.4%
Capex Intensity
MPW
MPW
XIFR
XIFR
Q4 25
110.0%
Q3 25
163.2%
Q2 25
23.7%
Q1 25
31.6%
Q4 24
17.7%
Q3 24
17.6%
Q2 24
19.2%
Q1 24
24.9%
Cash Conversion
MPW
MPW
XIFR
XIFR
Q4 25
13.11×
6.64×
Q3 25
Q2 25
2.94×
Q1 25
Q4 24
Q3 24
Q2 24
3.73×
Q1 24
1.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPW
MPW

Segment breakdown not available.

XIFR
XIFR

Renewable Energy Sales$238.0M96%
Related Party$8.0M3%

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