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MEDICAL PROPERTIES TRUST INC（MPW）与Rocket Lab Corp（RKLB）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Rocket Lab Corp的1.5倍（$270.3M vs $179.7M），MEDICAL PROPERTIES TRUST INC净利率更高（6.5% vs -29.5%，领先36.0%），Rocket Lab Corp同比增速更快（35.7% vs 16.6%），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -0.2%）
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。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
MPW vs RKLB — 直观对比
营收规模更大
MPW
是对方的1.5倍
$179.7M
营收增速更快
RKLB
高出19.1%
16.6%
净利率更高
MPW
高出36.0%
-29.5%
两年增速更快
RKLB
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.3M | $179.7M |
| 净利润 | $17.6M | $-52.9M |
| 毛利率 | 95.8% | 38.0% |
| 营业利润率 | 9.7% | -28.4% |
| 净利率 | 6.5% | -29.5% |
| 营收同比 | 16.6% | 35.7% |
| 净利润同比 | 104.3% | -1.1% |
| 每股收益（稀释后） | $0.03 | $-0.09 |
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MPWRKLB
| Q4 25 | $270.3M | $179.7M | ||
| Q3 25 | $237.5M | $155.1M | ||
| Q2 25 | $240.4M | $144.5M | ||
| Q1 25 | $223.8M | $122.6M | ||
| Q4 24 | $231.8M | $132.4M | ||
| Q3 24 | $225.8M | $104.8M | ||
| Q2 24 | $266.6M | $106.3M | ||
| Q1 24 | $271.3M | $92.8M |
净利润MPWRKLB
| Q4 25 | $17.6M | $-52.9M | ||
| Q3 25 | $-77.7M | $-18.3M | ||
| Q2 25 | $-98.4M | $-66.4M | ||
| Q1 25 | $-118.3M | $-60.6M | ||
| Q4 24 | $-412.3M | $-52.3M | ||
| Q3 24 | $-801.2M | $-51.9M | ||
| Q2 24 | $-320.6M | $-41.6M | ||
| Q1 24 | $-875.6M | $-44.3M |
毛利率MPWRKLB
| Q4 25 | 95.8% | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | 91.8% | 32.1% | ||
| Q1 25 | 63.6% | 28.8% | ||
| Q4 24 | 90.9% | 27.8% | ||
| Q3 24 | 96.5% | 26.7% | ||
| Q2 24 | 98.4% | 25.6% | ||
| Q1 24 | 84.9% | 26.1% |
营业利润率MPWRKLB
| Q4 25 | 9.7% | -28.4% | ||
| Q3 25 | -28.0% | -38.0% | ||
| Q2 25 | -36.7% | -41.3% | ||
| Q1 25 | -48.5% | -48.3% | ||
| Q4 24 | -173.7% | -38.9% | ||
| Q3 24 | -350.7% | -49.5% | ||
| Q2 24 | -114.5% | -40.7% | ||
| Q1 24 | -318.6% | -46.4% |
净利率MPWRKLB
| Q4 25 | 6.5% | -29.5% | ||
| Q3 25 | -32.7% | -11.8% | ||
| Q2 25 | -40.9% | -46.0% | ||
| Q1 25 | -52.8% | -49.5% | ||
| Q4 24 | -177.8% | -39.5% | ||
| Q3 24 | -354.8% | -49.6% | ||
| Q2 24 | -120.3% | -39.2% | ||
| Q1 24 | -322.7% | -47.7% |
每股收益（稀释后）MPWRKLB
| Q4 25 | $0.03 | $-0.09 | ||
| Q3 25 | $-0.13 | $-0.03 | ||
| Q2 25 | $-0.16 | $-0.13 | ||
| Q1 25 | $-0.20 | $-0.12 | ||
| Q4 24 | $-0.68 | $-0.11 | ||
| Q3 24 | $-1.34 | $-0.10 | ||
| Q2 24 | $-0.54 | $-0.08 | ||
| Q1 24 | $-1.46 | $-0.09 |
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 | $1.0B |
| 总债务越低越好 | $9.7B | $152.4M |
| 股东权益账面价值 | $4.6B | $1.7B |
| 总资产 | $15.0B | $2.3B |
| 负债/权益比越低杠杆越低 | 2.11× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资MPWRKLB
| Q4 25 | $540.9M | $1.0B | ||
| Q3 25 | $396.6M | $976.7M | ||
| Q2 25 | $509.8M | $688.1M | ||
| Q1 25 | $673.5M | $428.4M | ||
| Q4 24 | $332.3M | $419.0M | ||
| Q3 24 | $275.6M | $442.4M | ||
| Q2 24 | $606.5M | $496.8M | ||
| Q1 24 | $224.3M | $492.5M |
总债务MPWRKLB
| Q4 25 | $9.7B | $152.4M | ||
| Q3 25 | $9.6B | $347.0M | ||
| Q2 25 | $9.6B | $346.5M | ||
| Q1 25 | $9.5B | $345.9M | ||
| Q4 24 | $8.8B | $345.4M | ||
| Q3 24 | $9.2B | $61.2M | ||
| Q2 24 | $9.4B | $64.2M | ||
| Q1 24 | $10.1B | $66.8M |
股东权益MPWRKLB
| Q4 25 | $4.6B | $1.7B | ||
| Q3 25 | $4.7B | $1.3B | ||
| Q2 25 | $4.8B | $688.5M | ||
| Q1 25 | $4.8B | $431.3M | ||
| Q4 24 | $4.8B | $382.5M | ||
| Q3 24 | $5.4B | $419.8M | ||
| Q2 24 | $6.2B | $455.2M | ||
| Q1 24 | $6.7B | $478.9M |
总资产MPWRKLB
| Q4 25 | $15.0B | $2.3B | ||
| Q3 25 | $14.9B | $2.2B | ||
| Q2 25 | $15.2B | $1.6B | ||
| Q1 25 | $14.9B | $1.3B | ||
| Q4 24 | $14.3B | $1.2B | ||
| Q3 24 | $15.2B | $1.2B | ||
| Q2 24 | $16.2B | $1.2B | ||
| Q1 24 | $17.3B | $1.2B |
负债/权益比MPWRKLB
| Q4 25 | 2.11× | 0.09× | ||
| Q3 25 | 2.06× | 0.27× | ||
| Q2 25 | 2.00× | 0.50× | ||
| Q1 25 | 1.99× | 0.80× | ||
| Q4 24 | 1.83× | 0.90× | ||
| Q3 24 | 1.69× | 0.15× | ||
| Q2 24 | 1.51× | 0.14× | ||
| Q1 24 | 1.51× | 0.14× |
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 | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-114.2M |
| 自由现金流率自由现金流/营收 | — | -63.6% |
| 资本支出强度资本支出/营收 | — | 27.6% |
| 现金转化率经营现金流/净利润 | 13.11× | — |
| 过去12个月自由现金流最近4个季度 | — | $-321.8M |
8季度趋势，按日历期对齐
经营现金流MPWRKLB
| Q4 25 | $230.8M | $-64.5M | ||
| Q3 25 | $18.6M | $-23.5M | ||
| Q2 25 | $51.7M | $-23.2M | ||
| Q1 25 | $384.0K | $-54.2M | ||
| Q4 24 | $245.5M | $-2.4M | ||
| Q3 24 | $59.2M | $-30.9M | ||
| Q2 24 | $35.3M | $-13.0M | ||
| Q1 24 | $74.3M | $-2.6M |
自由现金流MPWRKLB
| Q4 25 | — | $-114.2M | ||
| Q3 25 | — | $-69.4M | ||
| Q2 25 | — | $-55.3M | ||
| Q1 25 | — | $-82.9M | ||
| Q4 24 | — | $-23.9M | ||
| Q3 24 | — | $-41.9M | ||
| Q2 24 | — | $-28.3M | ||
| Q1 24 | — | $-21.8M |
自由现金流率MPWRKLB
| Q4 25 | — | -63.6% | ||
| Q3 25 | — | -44.8% | ||
| Q2 25 | — | -38.3% | ||
| Q1 25 | — | -67.6% | ||
| Q4 24 | — | -18.1% | ||
| Q3 24 | — | -40.0% | ||
| Q2 24 | — | -26.7% | ||
| Q1 24 | — | -23.5% |
资本支出强度MPWRKLB
| Q4 25 | — | 27.6% | ||
| Q3 25 | — | 29.6% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | — | 14.4% | ||
| Q1 24 | — | 20.7% |
现金转化率MPWRKLB
| Q4 25 | 13.11× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
