Core Insights - Medical Properties Trust, Inc. (MPT) reported fourth-quarter 2025 normalized funds from operations (NFFO) per share of 18 cents, exceeding the Zacks Consensus Estimate of 15 cents, with the figure unchanged from the prior-year quarter [1][7] - The company achieved revenues of $270.3 million in the fourth quarter, surpassing the Zacks Consensus Estimate of $244.7 million, reflecting a 16.6% increase from the year-ago quarter [2][7] - For the full year 2025, MPT reported NFFO per share of 58 cents, down 27.5% from the previous year, but still above the Zacks Consensus Estimate of 55 cents; total revenues for the year were $972 million, a decrease of 2.4% from the previous year, yet beating the consensus estimate of $946.4 million [2] Revenue and Income Analysis - Rent billed in the reported quarter totaled $212.5 million, marking a 27.3% increase from the prior-year quarter [3] - Straight-line rent revenues were reported at $36 million, down 17.7% from the year-ago quarter [3] - Income from financing leases was $10 million, reflecting a 1.5% increase year over year, while interest and other income rose to $11.9 million, up 4.9% from the previous year [3] Expenses and Financial Position - Interest expenses increased by 30.5% year over year to $132.5 million, impacting overall results [3] - The company exited the fourth quarter of 2025 with cash and cash equivalents of $540.9 million, up from $396.6 million as of September 30, 2025 [5] - As of December 31, 2025, MPT had an adjusted net debt to adjusted annualized EBITDA ratio of 8.5 [5] Strategic Moves - During the fourth quarter, MPT acquired one post-acute facility in the U.S. for approximately $32 million and another in Europe for approximately €23 million [4]