vs

Side-by-side financial comparison of MEDICAL PROPERTIES TRUST INC (MPW) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $270.3M, roughly 1.4× MEDICAL PROPERTIES TRUST INC). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs 1.5%, a 5.0% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs -12.5%). Over the past eight quarters, EXPRO GROUP HOLDINGS N.V.'s revenue compounded faster (-0.2% 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...

Expro is an energy services provider headquartered in Houston, Texas, United States.

MPW vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
1.4× larger
XPRO
$382.1M
$270.3M
MPW
Growing faster (revenue YoY)
MPW
MPW
+29.1% gap
MPW
16.6%
-12.5%
XPRO
Higher net margin
MPW
MPW
5.0% more per $
MPW
6.5%
1.5%
XPRO
Faster 2-yr revenue CAGR
XPRO
XPRO
Annualised
XPRO
-0.2%
-0.2%
MPW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPW
MPW
XPRO
XPRO
Revenue
$270.3M
$382.1M
Net Profit
$17.6M
$5.8M
Gross Margin
95.8%
Operating Margin
9.7%
3.1%
Net Margin
6.5%
1.5%
Revenue YoY
16.6%
-12.5%
Net Profit YoY
104.3%
-74.9%
EPS (diluted)
$0.03
$0.05

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
XPRO
XPRO
Q4 25
$270.3M
$382.1M
Q3 25
$237.5M
$411.4M
Q2 25
$240.4M
$422.7M
Q1 25
$223.8M
$390.9M
Q4 24
$231.8M
$436.8M
Q3 24
$225.8M
$422.8M
Q2 24
$266.6M
$469.6M
Q1 24
$271.3M
$383.5M
Net Profit
MPW
MPW
XPRO
XPRO
Q4 25
$17.6M
$5.8M
Q3 25
$-77.7M
$14.0M
Q2 25
$-98.4M
$18.0M
Q1 25
$-118.3M
$13.9M
Q4 24
$-412.3M
$23.0M
Q3 24
$-801.2M
$16.3M
Q2 24
$-320.6M
$15.3M
Q1 24
$-875.6M
$-2.7M
Gross Margin
MPW
MPW
XPRO
XPRO
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
XPRO
XPRO
Q4 25
9.7%
3.1%
Q3 25
-28.0%
6.4%
Q2 25
-36.7%
7.7%
Q1 25
-48.5%
2.6%
Q4 24
-173.7%
7.3%
Q3 24
-350.7%
6.2%
Q2 24
-114.5%
5.9%
Q1 24
-318.6%
2.2%
Net Margin
MPW
MPW
XPRO
XPRO
Q4 25
6.5%
1.5%
Q3 25
-32.7%
3.4%
Q2 25
-40.9%
4.3%
Q1 25
-52.8%
3.6%
Q4 24
-177.8%
5.3%
Q3 24
-354.8%
3.8%
Q2 24
-120.3%
3.3%
Q1 24
-322.7%
-0.7%
EPS (diluted)
MPW
MPW
XPRO
XPRO
Q4 25
$0.03
$0.05
Q3 25
$-0.13
$0.12
Q2 25
$-0.16
$0.16
Q1 25
$-0.20
$0.12
Q4 24
$-0.68
$0.20
Q3 24
$-1.34
$0.14
Q2 24
$-0.54
$0.13
Q1 24
$-1.46
$-0.02

Balance Sheet & Financial Strength

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

Metric
MPW
MPW
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$540.9M
$196.1M
Total DebtLower is stronger
$9.7B
$79.1M
Stockholders' EquityBook value
$4.6B
$1.5B
Total Assets
$15.0B
$2.3B
Debt / EquityLower = less leverage
2.11×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPW
MPW
XPRO
XPRO
Q4 25
$540.9M
$196.1M
Q3 25
$396.6M
$197.9M
Q2 25
$509.8M
$206.8M
Q1 25
$673.5M
$179.3M
Q4 24
$332.3M
$183.0M
Q3 24
$275.6M
$165.7M
Q2 24
$606.5M
$133.5M
Q1 24
$224.3M
$163.2M
Total Debt
MPW
MPW
XPRO
XPRO
Q4 25
$9.7B
$79.1M
Q3 25
$9.6B
$99.1M
Q2 25
$9.6B
$121.1M
Q1 25
$9.5B
$121.1M
Q4 24
$8.8B
$121.1M
Q3 24
$9.2B
$121.1M
Q2 24
$9.4B
$121.1M
Q1 24
$10.1B
$40.0M
Stockholders' Equity
MPW
MPW
XPRO
XPRO
Q4 25
$4.6B
$1.5B
Q3 25
$4.7B
$1.5B
Q2 25
$4.8B
$1.5B
Q1 25
$4.8B
$1.5B
Q4 24
$4.8B
$1.5B
Q3 24
$5.4B
$1.5B
Q2 24
$6.2B
$1.5B
Q1 24
$6.7B
$1.3B
Total Assets
MPW
MPW
XPRO
XPRO
Q4 25
$15.0B
$2.3B
Q3 25
$14.9B
$2.3B
Q2 25
$15.2B
$2.3B
Q1 25
$14.9B
$2.3B
Q4 24
$14.3B
$2.3B
Q3 24
$15.2B
$2.3B
Q2 24
$16.2B
$2.3B
Q1 24
$17.3B
$2.0B
Debt / Equity
MPW
MPW
XPRO
XPRO
Q4 25
2.11×
0.05×
Q3 25
2.06×
0.07×
Q2 25
2.00×
0.08×
Q1 25
1.99×
0.08×
Q4 24
1.83×
0.08×
Q3 24
1.69×
0.08×
Q2 24
1.51×
0.08×
Q1 24
1.51×
0.03×

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
XPRO
XPRO
Operating Cash FlowLast quarter
$230.8M
$57.1M
Free Cash FlowOCF − Capex
$23.2M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
8.9%
Cash ConversionOCF / Net Profit
13.11×
9.89×
TTM Free Cash FlowTrailing 4 quarters
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPW
MPW
XPRO
XPRO
Q4 25
$230.8M
$57.1M
Q3 25
$18.6M
$63.2M
Q2 25
$51.7M
$48.4M
Q1 25
$384.0K
$41.5M
Q4 24
$245.5M
$97.4M
Q3 24
$59.2M
$55.3M
Q2 24
$35.3M
$-13.2M
Q1 24
$74.3M
$29.9M
Free Cash Flow
MPW
MPW
XPRO
XPRO
Q4 25
$23.2M
Q3 25
$39.0M
Q2 25
$27.2M
Q1 25
$8.4M
Q4 24
$53.0M
Q3 24
$23.3M
Q2 24
$-49.5M
Q1 24
$-801.0K
FCF Margin
MPW
MPW
XPRO
XPRO
Q4 25
6.1%
Q3 25
9.5%
Q2 25
6.4%
Q1 25
2.1%
Q4 24
12.1%
Q3 24
5.5%
Q2 24
-10.5%
Q1 24
-0.2%
Capex Intensity
MPW
MPW
XPRO
XPRO
Q4 25
8.9%
Q3 25
5.9%
Q2 25
5.0%
Q1 25
8.5%
Q4 24
10.2%
Q3 24
7.6%
Q2 24
7.7%
Q1 24
8.0%
Cash Conversion
MPW
MPW
XPRO
XPRO
Q4 25
13.11×
9.89×
Q3 25
4.52×
Q2 25
2.69×
Q1 25
2.98×
Q4 24
4.23×
Q3 24
3.40×
Q2 24
-0.86×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPW
MPW

Segment breakdown not available.

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

Related Comparisons