Medical Properties Trust Reports Q4 Earnings

The REIT posted funds from operations of $106.6 million in the quarter.

Published on Feb. 24, 2026

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Medical Properties Trust Inc. (MPT), a real estate investment trust based in Birmingham, Alabama, reported its fourth quarter earnings on Thursday. The company posted funds from operations of $106.6 million, or 18 cents per share, in the period. For the full year, MPT reported funds from operations of $346.3 million and revenue of $972 million.

Why it matters

As a major healthcare REIT, MPT's quarterly and annual earnings are closely watched by investors to gauge the performance of the company and the broader healthcare real estate market. The funds from operations metric is a key indicator of a REIT's profitability and ability to pay dividends.

The details

In addition to the funds from operations, MPT reported net income of $17.3 million, or 3 cents per share, in the fourth quarter. The company's total revenue for the quarter was $270.3 million.

  • MPT reported its Q4 2025 earnings on Thursday, February 19, 2026.
  • For the full year 2025, MPT reported funds from operations of $346.3 million and revenue of $972 million.

The players

Medical Properties Trust Inc. (MPT)

A real estate investment trust (REIT) that specializes in acquiring and developing healthcare facilities.

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The takeaway

MPT's solid quarterly and annual earnings demonstrate the continued strength of the healthcare real estate market, as the REIT was able to generate strong funds from operations and revenue despite the ongoing challenges facing the broader economy.