MPT Medical Properties Trust margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 83

Gross margin

69.1%

Operating margin

57.4%

EBITDA margin

105.7%

Net margin

24.1%

Currently, Medical Properties Trust has a gross margin of 69.1%, an operating margin of 57.4%, an EBITDA margin of 105.7%, and a net margin of 24.1%. All available margins expanded year over year, led by net margin with an increase of 99.9 percentage points.

MPT margin history

Gross, operating, EBITDA and net margin trends

Medical Properties Trust's margins averaged 51.83% gross, 36.74% operating, -33.67% EBITDA, and -131.05% 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 99.9 percentage points. The other available margins also improved.

Gross margin expansion

1.2pp

Operating margin expansion

3.9pp

EBITDA margin expansion

97pp

Net margin expansion

99.9pp

MPT Gross margin

Across the last 3 years, Medical Properties Trust's gross margin came to 51.83%. Compared with its three-year average, Medical Properties Trust's current gross margin is 69.1% and is 17.3 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 36.74%. The current operating margin of 57.4% is 20.7 percentage points above its three-year average. During this period, operating margin reached a high of 57.4% in Sep 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 -33.67%. The latest EBITDA margin for Medical Properties Trust is 105.7%, 139.4 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 105.7% in Sep 2026.

MPT Net margin

Over the last 3 years, the average net margin for Medical Properties Trust was -131.05%. Medical Properties Trust's current net margin is 24.1% and is 155.2 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 24.1% in Sep 2026.

MPT margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 69.1%, MPT stands higher than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 60.8%, Medical Properties Trust's gross margin is 14% 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 Sep 30, 2026, MPT recorded a gross margin of 69.1%.

What is Medical Properties Trust's operating margin?

The current operating margin for MPT is 57.4% as of Sep 30, 2026.

What is Medical Properties Trust's EBITDA margin?

For the period ending Sep 30, 2026, MPT recorded an EBITDA margin of 105.7%.

What is Medical Properties Trust's net margin?

The current net margin for MPT is 24.1% as of Sep 30, 2026.

What are the average margins of MPT?

Over the past 3 years, MPT reported average margins of 51.8% gross, 36.7% operating, -33.7% EBITDA, and -131.1% 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.