Medical Properties Trust, Inc. (MPT) has released its financial and operating results for the fourth quarter and full-year ended December 31, 2025. The company reported a net income of $0.03 for the 2025 fourth quarter and a net loss of ($0.46) for the full-year 2025. Normalized funds from operations (NFFO) were reported at $0.18 for the 2025 fourth quarter and $0.58 for the full year, all on a per share basis.
In terms of portfolio updates, MPT has total assets of approximately $15 billion, including $8.9 billion of general acute facilities, $2.4 billion of behavioral health facilities, and $1.7 billion of post-acute facilities. The portfolio includes 384 properties and approximately 39,000 licensed beds leased to or mortgaged by 52 hospital operating companies across the United States as well as in the United Kingdom, Switzerland, Germany, Spain, Finland, Colombia, Italy, and Portugal.
MPT reported a net income (loss) of $17 million ($0.03 per share) for the fourth quarter of 2025, compared to a net loss of ($413 million) (($0.69) per share) in the year-earlier period. For the full year ended December 31, 2025, the net loss was ($277 million) (($0.46) per share), compared to a net loss of ($2.4 billion) (($4.02) per share) in the year-earlier period. NFFO for the fourth quarter and year ended December 31, 2025 was $107 million ($0.18 per share) and $346 million ($0.58 per share), respectively, compared to $108 million ($0.18 per share) and $483 million ($0.80 per share) in the year-earlier periods.
The company also announced the completion of a restructuring transaction with Vibra Healthcare, entering into a new 20-year master lease agreement and receiving an approximately $18 million one-time rent payment for past obligations.
MPT's goal is to drive pro forma annualized cash rent from its current portfolio to at least $1 billion by the end of 2026. The company also declared a regular quarterly dividend of $0.09 per share in February 2026 and repurchased approximately 4.5 million shares for $23.4 million under the previously announced common stock repurchase program.
MPT remains focused on strengthening its balance sheet and positioning its platform for future growth, and the company is optimistic about demonstrating progress throughout the year.
Investors can access the company's supplemental information package for the current period on the investor relations section of MPT's website. The company also scheduled a conference call and webcast for February 19, 2026, at 11:00 a.m. Eastern Time to present its financial and operating results for the quarter and year ended December 31, 2025. Following these announcements, the company's shares moved 0.78%, and are now trading at a price of $5.20. For the full picture, make sure to review MEDICAL PROPERTIES TRUST INC's 8-K report.
