MPT Medical Properties Trust margins

Relative Growth: Rel. Growth: 44

Relative Strength: Rel. Strength: 9

Relative Valuation: Rel. Valuation: 36

Relative Profitability: Rel. Profitability: 75

Gross margin

69.3%

Operating margin

56.6%

EBITDA margin

77.1%

Net margin

-3%

Currently, Medical Properties Trust has a gross margin of 69.3%, an operating margin of 56.6%, an EBITDA margin of 77.1%, and a net margin of -3%; its net margin is negative at -3%. All available margins expanded year over year, led by net margin with an increase of 152.2 percentage points.

MPT margin history

Gross, operating, EBITDA and net margin trends

Medical Properties Trust's margins averaged 50.26% gross, 34.86% operating, -46.34% EBITDA, and -145.15% net during the last 3 years. Currently all four current margins are above their three-year averages.

MPT margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in net margin, which rose by 152.2 percentage points. The other available margins also improved.

Gross margin expansion

16.4pp

Operating margin expansion

18.1pp

EBITDA margin expansion

134.9pp

Net margin expansion

152.2pp

MPT Gross margin

Across the last 3 years, Medical Properties Trust's gross margin came to 50.26%. Compared with its three-year average, Medical Properties Trust's current gross margin is 69.3% and is 19 percentage points above its three-year average. Gross margin was highest at 69.3% in Jun 2026 and lowest at 20% in Mar 2024.

MPT Operating margin

Over the last 3 years, Medical Properties Trust's operating margin averaged 34.86%. The current operating margin of 56.6% is 21.7 percentage points above its three-year average. During this period, operating margin reached a high of 57% in Mar 2026 and a low of 2.7% in Mar 2024.

MPT EBITDA margin

Over the last 3 years, the average EBITDA margin for Medical Properties Trust was -46.34%. The latest EBITDA margin for Medical Properties Trust is 77.1%, 123.4 percentage points above its three-year average. Medical Properties Trust's EBITDA margin ranged from a low of -270.8% in Sep 2024 to a high of 77.1% in Jun 2026.

MPT Net margin

Over the last 3 years, the average net margin for Medical Properties Trust was -145.15%. Medical Properties Trust's current net margin is -3% and is 142.2 percentage points above its three-year average. Medical Properties Trust's net margin ranged from a low of -415% in Sep 2024 to a high of -3% in Jun 2026.

MPT margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 69.3%, MPT stands higher than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 62.8%, Medical Properties Trust's gross margin is 10% higher.

MPT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Medical Properties Trust's gross margin?

For the period ending Jun 30, 2026, MPT recorded a gross margin of 69.3%.

What is Medical Properties Trust's operating margin?

The current operating margin for MPT is 56.6% as of Jun 30, 2026.

What is Medical Properties Trust's EBITDA margin?

For the period ending Jun 30, 2026, MPT recorded an EBITDA margin of 77.1%.

What is Medical Properties Trust's net margin?

As of Jun 30, 2026, MPT has a negative net margin of -3%.

What are the average margins of MPT?

Over the past 3 years, MPT reported average margins of 50.3% gross, 34.9% operating, -46.3% EBITDA, and -145.2% net.

What are the highest historical margins of MPT?

Over this 5-year history, MPT peaked at 76.7% gross in Dec 2021, 67.2% operating in Dec 2021, 127.5% EBITDA in Sep 2022, and 79.5% net in Sep 2022.

What are the lowest historical margins of MPT?

Over this 5-year history, Medical Properties Trust's margins fell as low as 20% gross in Mar 2024, 2.7% operating in Mar 2024, -270.8% EBITDA in Sep 2024, and -415% net in Sep 2024.