MEDICAL PROPERTIES TRUST INC
Medical Properties Trust, Inc. (NYSE: MPT) is a self-advised real estate investment trust formed in 2003 that acquires, develops, and leases healthcare facilities to operating companies under long-term net leases. The company also originates mortgage loans to healthcare operators and makes selective investments in its… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What MEDICAL PROPERTIES TRUST INC does
In the company’s own words
Medical Properties Trust, Inc. (NYSE: MPT) is a self-advised real estate investment trust formed in 2003 that acquires, develops, and leases healthcare facilities to operating companies under long-term net leases. The company also originates mortgage loans to healthcare operators and makes selective investments in its tenants' operations. MPT operates as a REIT and conducts substantially all business through its operating partnership, MPT Operating Partnership, L.P.
As of December 31, 2025, MPT's portfolio comprised 384 facilities representing approximately 39,000 licensed beds across 31 U.S. states, seven European countries, and Colombia. The portfolio includes 165 general acute care hospitals, 68 behavioral health facilities, 128 post-acute care facilities, and 20 freestanding emergency rooms and urgent care centers. The company's properties are leased to 50 tenants, with the largest being Circle (14.1% of total assets), Priory (8.7%), Healthcare Systems of America (8.0%), Swiss Medical Network (5.8%), and Lifepoint Behavioral (5.4%).
MPT's revenue structure consists primarily of rent billed at 75.8% of total revenues, straight-line rent at 15.6%, income from financing leases at 4.1%, and interest and other income at 4.5%. Total revenues for 2025 were $972.0 million. The company's leases are typically absolute-net arrangements requiring tenants to bear operating expenses, with a weighted-average remaining initial term of 16.7 years. Approximately 99% of leases include annual rent escalations based on Consumer Price Index increases or fixed minimums.
The company maintains geographic and facility-type diversification, with no single property exceeding 2% of total assets. MPT's business model facilitates acquisitions and recapitalizations while enabling healthcare operators to unlock real estate value for facility improvements and operational investments. The company operates internationally through subsidiaries, including a U.K. REIT established in 2023 for its British properties. MPT's website is www.medicalpropertiestrust.com.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- BIRMINGHAM, AL
- Fiscal year end
- December
- CIK
- 1287865
- SIC
- 6798
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns MEDICAL PROPERTIES TRUST INC — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · MEDICAL PROPERTIES TRUST INC’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
MEDICAL PROPERTIES TRUST INC’s bonds, as funds hold them
Funds report holding 5 issues of MEDICAL PROPERTIES TRUST INC’s debt, $1.07B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.59%, maturing 2027 to 2032.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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