Medical Properties Trust, Inc. (MPW) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MPW Revenue Growth
Revenue Breakdown
MPW's revenue distribution by segment and geography
By Geography
MPW Revenue Analysis (2014–2025)
As of May 6, 2026, Medical Properties Trust, Inc. (MPW) generated trailing twelve-month (TTM) revenue of $972.0 million, reflecting strong growth of +14.9% year-over-year. The most recent quarter (Q4 2025) recorded $270.3 million in revenue, up 13.8% sequentially.
Looking at the longer-term picture, MPW's 5-year compound annual growth rate (CAGR) stands at -4.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $1.54 billion in 2021.
When compared to Real Estate sector peers including GMRE (+8.5% YoY), HR (-7.4% YoY), and OHI (+14.2% YoY), MPW has underperformed the peer group in terms of revenue growth. Compare MPW vs GMRE →
MPW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MPWCurrent | $972M | +14.9% | -4.9% | - | |
 GMRE | $138M | +8.5% | +14.4% | 23.6% | |
 HR | $1.2B | -7.4% | +9.9% | 8.0% | |
 OHI | $1.2B | +14.2% | +6.1% | 62.6% | |
 SBRA | $775M | +12.9% | +5.3% | 34.1% | |
 LTC | $263M | +25.3% | +10.5% | 79.4% |
MPW Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $972.0M | -2.4% | $0 | - | $0 | - |
| 2024 | $995.5M | +14.2% | $968.3M | 97.3% | $386.8M | 38.9% |
| 2023 | $871.8M | -43.5% | $830.2M | 95.2% | $81.3M | 9.3% |
| 2022 | $1.54B | -0.1% | $1.50B | 97.0% | $1.00B | 65.1% |
| 2021 | $1.54B | +23.6% | $1.51B | 97.5% | $1.04B | 67.2% |
| 2020 | $1.25B | +43.5% | $1.22B | 98.0% | $0 | - |
| 2019 | $870.2M | +10.9% | $846.3M | 97.2% | $749.8M | 86.2% |
| 2018 | $784.5M | +11.3% | $775.3M | 98.8% | $561.2M | 71.5% |
| 2017 | $704.7M | +30.2% | $698.9M | 99.2% | $485.6M | 68.9% |
| 2016 | $541.1M | +22.5% | $538.4M | 99.5% | $341.6M | 63.1% |
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Start ComparisonMPW — Frequently Asked Questions
Quick answers to the most common questions about buying MPW stock.
Is MPW's revenue growth accelerating or slowing?
MPW maintains +14.9% revenue growth, in line with its 5-year CAGR of -4.9%. TTM revenue stands at $972M. Growth rate remains consistent with historical average.
What is MPW's long-term revenue growth rate?
Medical Properties Trust, Inc.'s 5-year revenue CAGR of -4.9% reflects the sustained expansion pattern. Current YoY growth of +14.9% is near this long-term average.
How is MPW's revenue distributed by segment?
MPW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.