Medical Properties Trust Inc income statement

In fiscal 2025, Medical Properties Trust Inc reported revenue of $972m, down 2.4% on the year before and net income of −$277m, or −$0.46 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Medical Properties Trust Inc: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	114	108	132	198	243	313	442	541	705	785	854	1,249	1,545	1,543	872	996	972	1,019
Cost of revenue	—	—	—	—	—	—	—	—	—	84	168	30	101	167	110	74	90	99
Gross profit	—	—	—	—	—	—	—	—	—	700	686	1,219	1,443	1,375	762	921	882	920
General and administrative	21	27	27	29	30	37	44	49	59	81	96	132	146	160	146	134	130	129
Operating income	68	42	70	130	154	143	263	342	486	—	—	—	—	—	—	—	—	—
Interest expense	38	34	44	58	67	98	121	160	177	223	238	329	367	359	411	418	510	533
Provision for credit losses	—	2	1	—	—	—	—	—	—	—	—	3	42	99	10	1,241	168	153
Income before tax	—	—	—	73	90	51	141	219	294	1,019	374	463	731	960	−687	−2,364	−237	−32
Income tax	0	2	0	0	1	0	2	−7	3	1	−3	31	74	56	−131	44	39	−3
Net income	36	23	27	90	97	51	140	225	290	1,017	375	431	656	903	−556	−2,410	−277	−30
Diluted EPS	$0.45	$0.22	$0.23	$0.67	$0.63	$0.29	$0.63	$0.86	$0.82	$2.76	$0.87	$0.81	$1.11	$1.50	−$0.93	−$4.02	−$0.46	−$0.05
Diluted shares (average)	78m	101m	111m	132m	153m	171m	218m	261m	350m	366m	428m	530m	590m	599m	599m	600m	601m	599m
EBITDA	94	69	106	165	192	198	335	439	618	—	—	—	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Medical Properties Trust Inc: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	226	232	224	240	238	270	252	259
Cost of revenue	8	21	81	20	−22	11	97	12
Gross profit	218	211	142	221	260	259	155	247
General and administrative	37	28	42	26	38	25	32	35
Interest expense	106	101	116	130	132	132	133	135
Provision for credit losses	438	360	66	−13	85	30	15	24
Income before tax	−792	−403	−109	−88	−67	26	0	8
Income tax	9	10	9	10	11	9	−33	10
Net income	−801	−413	−118	−98	−78	17	33	−3
Diluted EPS	−$1.34	−$0.69	−$0.20	−$0.16	−$0.13	$0.03	$0.05	−$0.01

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: MPT vs SBRA HR vs MPT MPT vs OHI DHC vs MPT

More: Health Care REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Medical Properties Trust Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Medical Properties Trust Inc.