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MEDICAL PROPERTIES TRUST INC（MPW）与福尼克斯（PLAB）财务数据对比。点击上方公司名可切换其他公司
MEDICAL PROPERTIES TRUST INC的季度营收约是福尼克斯的1.3倍（$270.3M vs $210.4M），福尼克斯净利率更高（10.9% vs 6.5%，领先4.4%），MEDICAL PROPERTIES TRUST INC同比增速更快（16.6% vs -5.5%），过去两年MEDICAL PROPERTIES TRUST INC的营收复合增速更高（-0.2% vs -3.8%）
Medical Properties Trust, Inc.（MPT）是一家总部位于美国阿拉巴马州伯明翰的跨国房地产投资信托基金（REIT），主要在美欧地区收购、投资医疗保健设施与营利性医疗控股公司，资产收购多采用售后回租模式，原业主出售资产后成为其租户，租户通常需签署长期三净租赁协议。
福尼克斯是美国半导体光掩模制造商，2009年时位居全球第三大光掩模供应商，同时也是电子束产业倡议组织的成员，专注于为半导体行业提供关键的掩模产品，支撑芯片制造环节的图形转移需求。
MPW vs PLAB — 直观对比
营收规模更大
MPW
是对方的1.3倍
$210.4M
营收增速更快
MPW
高出22.1%
-5.5%
净利率更高
PLAB
高出4.4%
6.5%
两年增速更快
MPW
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.3M | $210.4M |
| 净利润 | $17.6M | $22.9M |
| 毛利率 | 95.8% | 33.7% |
| 营业利润率 | 9.7% | 22.9% |
| 净利率 | 6.5% | 10.9% |
| 营收同比 | 16.6% | -5.5% |
| 净利润同比 | 104.3% | -32.4% |
| 每股收益（稀释后） | $0.03 | $0.39 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MPWPLAB
| Q4 25 | $270.3M | — | ||
| Q3 25 | $237.5M | $210.4M | ||
| Q2 25 | $240.4M | $211.0M | ||
| Q1 25 | $223.8M | $212.1M | ||
| Q4 24 | $231.8M | $222.6M | ||
| Q3 24 | $225.8M | $211.0M | ||
| Q2 24 | $266.6M | $217.0M | ||
| Q1 24 | $271.3M | $216.3M |
净利润MPWPLAB
| Q4 25 | $17.6M | — | ||
| Q3 25 | $-77.7M | $22.9M | ||
| Q2 25 | $-98.4M | $8.9M | ||
| Q1 25 | $-118.3M | $42.9M | ||
| Q4 24 | $-412.3M | $33.9M | ||
| Q3 24 | $-801.2M | $34.4M | ||
| Q2 24 | $-320.6M | $36.3M | ||
| Q1 24 | $-875.6M | $26.2M |
毛利率MPWPLAB
| Q4 25 | 95.8% | — | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | 91.8% | 36.9% | ||
| Q1 25 | 63.6% | 35.6% | ||
| Q4 24 | 90.9% | 37.0% | ||
| Q3 24 | 96.5% | 35.6% | ||
| Q2 24 | 98.4% | 36.5% | ||
| Q1 24 | 84.9% | 36.6% |
营业利润率MPWPLAB
| Q4 25 | 9.7% | — | ||
| Q3 25 | -28.0% | 22.9% | ||
| Q2 25 | -36.7% | 26.4% | ||
| Q1 25 | -48.5% | 24.6% | ||
| Q4 24 | -173.7% | 25.1% | ||
| Q3 24 | -350.7% | 24.7% | ||
| Q2 24 | -114.5% | 25.8% | ||
| Q1 24 | -318.6% | 26.6% |
净利率MPWPLAB
| Q4 25 | 6.5% | — | ||
| Q3 25 | -32.7% | 10.9% | ||
| Q2 25 | -40.9% | 4.2% | ||
| Q1 25 | -52.8% | 20.2% | ||
| Q4 24 | -177.8% | 15.2% | ||
| Q3 24 | -354.8% | 16.3% | ||
| Q2 24 | -120.3% | 16.7% | ||
| Q1 24 | -322.7% | 12.1% |
每股收益（稀释后）MPWPLAB
| Q4 25 | $0.03 | — | ||
| Q3 25 | $-0.13 | $0.39 | ||
| Q2 25 | $-0.16 | $0.15 | ||
| Q1 25 | $-0.20 | $0.68 | ||
| Q4 24 | $-0.68 | $0.54 | ||
| Q3 24 | $-1.34 | $0.55 | ||
| Q2 24 | $-0.54 | $0.58 | ||
| Q1 24 | $-1.46 | $0.42 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $540.9M | $575.8M |
| 总债务越低越好 | $9.7B | $16.0K |
| 股东权益账面价值 | $4.6B | $1.1B |
| 总资产 | $15.0B | $1.8B |
| 负债/权益比越低杠杆越低 | 2.11× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资MPWPLAB
| Q4 25 | $540.9M | — | ||
| Q3 25 | $396.6M | $575.8M | ||
| Q2 25 | $509.8M | $558.4M | ||
| Q1 25 | $673.5M | $642.2M | ||
| Q4 24 | $332.3M | $640.7M | ||
| Q3 24 | $275.6M | $606.4M | ||
| Q2 24 | $606.5M | $559.9M | ||
| Q1 24 | $224.3M | $521.5M |
总债务MPWPLAB
| Q4 25 | $9.7B | — | ||
| Q3 25 | $9.6B | $16.0K | ||
| Q2 25 | $9.6B | $19.0K | ||
| Q1 25 | $9.5B | $21.0K | ||
| Q4 24 | $8.8B | $25.0K | ||
| Q3 24 | $9.2B | $28.0K | ||
| Q2 24 | $9.4B | $2.5M | ||
| Q1 24 | $10.1B | $2.7M |
股东权益MPWPLAB
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.7B | $1.1B | ||
| Q2 25 | $4.8B | $1.1B | ||
| Q1 25 | $4.8B | $1.1B | ||
| Q4 24 | $4.8B | $1.1B | ||
| Q3 24 | $5.4B | $1.1B | ||
| Q2 24 | $6.2B | $1.0B | ||
| Q1 24 | $6.7B | $1.0B |
总资产MPWPLAB
| Q4 25 | $15.0B | — | ||
| Q3 25 | $14.9B | $1.8B | ||
| Q2 25 | $15.2B | $1.7B | ||
| Q1 25 | $14.9B | $1.7B | ||
| Q4 24 | $14.3B | $1.7B | ||
| Q3 24 | $15.2B | $1.6B | ||
| Q2 24 | $16.2B | $1.6B | ||
| Q1 24 | $17.3B | $1.6B |
负债/权益比MPWPLAB
| Q4 25 | 2.11× | — | ||
| Q3 25 | 2.06× | 0.00× | ||
| Q2 25 | 2.00× | 0.00× | ||
| Q1 25 | 1.99× | 0.00× | ||
| Q4 24 | 1.83× | 0.00× | ||
| Q3 24 | 1.69× | 0.00× | ||
| Q2 24 | 1.51× | 0.00× | ||
| Q1 24 | 1.51× | 0.00× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $230.8M | $50.1M |
| 自由现金流经营现金流 - 资本支出 | — | $25.2M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | — | 11.8% |
| 现金转化率经营现金流/净利润 | 13.11× | 2.19× |
| 过去12个月自由现金流最近4个季度 | — | $64.5M |
8季度趋势，按日历期对齐
经营现金流MPWPLAB
| Q4 25 | $230.8M | — | ||
| Q3 25 | $18.6M | $50.1M | ||
| Q2 25 | $51.7M | $31.5M | ||
| Q1 25 | $384.0K | $78.5M | ||
| Q4 24 | $245.5M | $68.4M | ||
| Q3 24 | $59.2M | $75.1M | ||
| Q2 24 | $35.3M | $76.5M | ||
| Q1 24 | $74.3M | $41.5M |
自由现金流MPWPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | $25.2M | ||
| Q2 25 | — | $-29.1M | ||
| Q1 25 | — | $43.3M | ||
| Q4 24 | — | $25.2M | ||
| Q3 24 | — | $50.7M | ||
| Q2 24 | — | $56.5M | ||
| Q1 24 | — | $-1.8M |
自由现金流率MPWPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | — | -13.8% | ||
| Q1 25 | — | 20.4% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 26.0% | ||
| Q1 24 | — | -0.8% |
资本支出强度MPWPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | 20.0% |
现金转化率MPWPLAB
| Q4 25 | 13.11× | — | ||
| Q3 25 | — | 2.19× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | — | 2.18× | ||
| Q2 24 | — | 2.11× | ||
| Q1 24 | — | 1.59× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MPW
暂无分部数据
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
