Medical Properties Trust, Inc.

MPWNYSEReal Estate

$5.36

+$0.08(+1.52%)

Market Cap$3.2B

P/E Ratio—

52W High$6.34

52W Low$3.95

Avg Volume7.1M

Open$5.30

Beta1.46

Free Cash Flow Financials Revenue

Medical Properties Trust, Inc. (MPW) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MPW · free cash flow · updated Jun 8, 2026

Core FCF metrics

MPW · FCF · TTM · margin & CAGR

Free cash flow was $230.8M for FY2025 (fiscal year ending 2025-12-31), down 6.0% year-over-year The FCF margin was 23.7%.

FY2025 Free Cash Flow$230.8M▼ -6.0% YoY

Trailing 12M (TTM)−$14.6MTrailing 4Q sum · TTM negative vs latest FY positive

FCF Margin23.7%$230.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MPW · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$230.8M(0M)$230.8M▼ 6.0%23.7%

FY2024$245.5M(0M)$245.5M▼ 51.5%24.7%

FY2023$505.8M(0M)$505.8M▲ +163.1%58.0%

FY2022$739.0M(1.54B)−$801.3M▼ 207.4%-51.9%

FY2021$811.7M(66M)$746.1M▲ +120.3%48.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MPW · P/FCF · FCF yield · FCF per share

Medical Properties Trust, Inc. (MPW) valuation ratios are currently unavailable — market cap, share count, or TTM data could not be retrieved from our data provider.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

Valuation ratios are unavailable — market cap, share count, or TTM data could not be retrieved. Individual metrics are shown where available.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MPW · cash flow statement · operating / investing / financing

For FY2025, Medical Properties Trust, Inc. generated $230.8M in operating cash flow and spent 0M in capital expenditures, yielding $230.8M in free cash flow.

Operating Activities

+$230.8M

Cash from core business operations

2025-12-31

Investing Activities

−$264.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$228.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($230.8M) − |CapEx| (0M) = FCF ($230.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

MPW vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Medical Properties Trust, Inc.YOU

MPW

$230.8M-6.0%23.7%

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Medical Properties Trust, Inc. (MPW) reported free cash flow of $230.8M for FY2025 (fiscal year ending 2025-12-31), down 6.0% year-over-year. The FCF margin was 23.7%.

Based on available data, Medical Properties Trust, Inc. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $746.1M in FY2021.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MPW free cash flow · 8 questions

Medical Properties Trust, Inc. free cash flow was $230.8M for FY2025, down 6.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$14.6M.

MPW free cash flowMPW FCFMPW FCF 2025MPW free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Medical Properties Trust, Inc. · Medical Properties Trust, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026