Business Wire·Apr 30, 2026, 8:00 AM ET

MPT Reports First Quarter Results

MPT

Medical Properties Trust reported net income of $33 million ($0.05 per share) & NFFO of $82 million ($0.14 per share) for the first quarter ended March 31, 2026.
The Company sold two facilities in Idaho & Texas for approximately $31 million in aggregate proceeds.
MPT acquired one post-acute facility in Europe for €23 million.
HSA tenants are fully current on contractual rent, with monthly rent reaching 75% of fully stabilized rent as of March 2026.
The Company paid a regular quarterly dividend of $0.09 per share in April 2026.
CEO Edward K. Aldag, Jr. stated that rent ramp-up is continuing in Florida, Louisiana & Texas, with cash rent collection from NOR expected to begin in California during the second quarter of 2026.
MPT aims to collect annualized cash rent of at least $1 billion by the end of 2026 & expects to flexibly address upcoming debt maturities.
Total assets stood at approximately $15 billion, comprising $8.8 billion in general acute facilities, $2.4 billion in behavioral health facilities, & $1.7 billion in post-acute facilities.
The portfolio included 378 properties with approximately 38,000 licensed beds leased to 51 hospital operating companies across the United States & eight international countries.
Consolidated balance sheets show total assets of $14.76 billion & total liabilities of $10.22 billion as of March 31, 2026.
Revenues for the quarter totaled $252 million, compared to $224 million in the same period in 2025.
A conference call & webcast to present these results was scheduled for April 30, 2026, at 11:00 a.m. Eastern Time.