Medical Properties Trust (Medical Properties Trust) Earnings Yield (Joel Greenblatt) %

: 0.63% (As of Dec. 2023)

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Medical Properties Trust's Enterprise Value for the quarter that ended in Dec. 2023 was $12,914.1 Mil. Medical Properties Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $81.3 Mil. Medical Properties Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.63%.

The historical rank and industry rank for Medical Properties Trust's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MPW' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.07 Med: 4.42 Max: 14.84
Current: 0.63

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Medical Properties Trust was 14.84%. The lowest was -1.07%. And the median was 4.42%.

MPW's Earnings Yield (Joel Greenblatt) % is ranked worse than
62.6% of 893 companies
in the REITs industry
Industry Median: 2.85 vs MPW: 0.63

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Medical Properties Trust's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.

Medical Properties Trust Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Medical Properties Trust's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medical Properties Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

3.50

4.09

4.14

5.96

0.63

Medical Properties Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings Yield (Joel Greenblatt) %																5.96	2.65	0.18	-0.50	0.63

Competitive Comparison

For the REIT - Healthcare Facilities subindustry, Medical Properties Trust's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Medical Properties Trust Earnings Yield (Joel Greenblatt) % Distribution

For the REITs industry and Real Estate sector, Medical Properties Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Medical Properties Trust's Earnings Yield (Joel Greenblatt) % falls into.

Medical Properties Trust Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Medical Properties Trusts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	81.284	/	12914.13381
	=	0.63 %

Medical Properties Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $81.3 Mil.

Medical Properties Trust (NYSE:MPW) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.

Be Aware

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Medical Properties Trust Earnings Yield (Joel Greenblatt) % Related Terms

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Medical Properties Trust (Medical Properties Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Medical Properties Trust Inc (NYSE:MPW) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

MPW:Mexico M3P:Germany M3P:Germany M2PW34:Brazil

Address

1000 Urban Center Drive, Suite 501, Birmingham, AL, USA, 35242

Website

https://www.medicalpropertiestrust.com

Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical's revenue is generated in the United States, followed by Germany and the United Kingdom. The company considers merger and acquisition investment as a component of its operational growth strategy. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.

Executives

Aldag Edward K Jr	director, officer: Chairman, President & CEO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
R Steven Hamner	director, officer: Executive Vice President & CFO
Larry H Portal	officer: SVP, Senior Advisor to the CEO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Rosa Handley Hooper	officer: SVP of Operations & Asst. Sec.	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
James Kevin Hanna	officer: Senior VP, Controller & CAO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Michael G Stewart	officer: Exec. VP, Gen Counsel, Sec	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Emily Webster Murphy	director	601 N FAIRFAX ST, ALEXANDRIA VA 22314
Emmett E Mclean	officer: EVP, Secretary, and COO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Caterina Ardon Mozingo	director	PO BOX 33, MONTGOMERY AL 36101-0033
G Steven Dawson	director	CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Elizabeth N Pitman	director	1901 SIXTH AVE NORTH, SUITE 1400, BIRMINGHAM AL 35203
William G Mckenzie	director, officer: Vice Chairman of the Board	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Thompson C Reynolds Iii	director	227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Sherry A Kellett	director
Daniel Paul Sparks	director	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242