Diversified Healthcare Trust vs Medical Properties Trust
Diversified Healthcare Trust is the larger business, with $1.54bn of revenue in fiscal 2025 against $972m for Medical Properties Trust (1.6 times as much). Diversified Healthcare Trust grew faster (2.8% against -2.4%). Diversified Healthcare Trust kept more of each dollar of sales as profit: a net margin of -18.6% against -28.5%. Diversified Healthcare Trust carries less debt relative to equity (146.7% against 213.4%).
| Latest fiscal year | Diversified Healthcare TrustDHC, 2025 | Medical Properties TrustMPT, 2025 |
|---|---|---|
| Revenue | $1.54bn | $972m |
| Revenue growth | 2.8% | -2.4% |
| Net income | −$286m | −$277m |
| Operating margin | — | — |
| Net margin | -18.6% | -28.5% |
| Return on equity | -15.8% | -5.9% |
| Free cash flow | −$166m | — |
| Cash | $105m | $541m |
| Total debt | $2.44bn | $9.83bn |
| Debt to equity | 146.7% | 213.4% |
| Dividend per share | $0.04 | $0.33 |
| Dividend yield | 0.5% | 15.9% |
| Share buybacks | $1.1m | $23.4m |
| Employees | — | 121 |
| Market value | $1.80bn | $1.22bn |
| Price vs our value range | — | — |
| Moat score | 50 (Moderate) | 67 (Moderate) |
| Insider trades, 12 months | 1 buys, 0 sales | 1 buys, 2 sales |