Medical Properties Trust (FRA:M3P) Interest Coverage: 1.05 (As of Mar. 2026) — 57% Below Median


FRA:M3P Medical Properties Trust Inc FRA:M3P
64 GF Score
Price €3.81
GF Value €4.57
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Medical Properties Trust Interest Coverage?

Medical Properties Trust FRA:M3P -2.41% 64 Interest Coverage is 1.05 as of Mar. 2026, which is 57% below its 10-year median of 2.43. GuruFocus rates FRA:M3P with a GF Score™ of 64/100 and a GF Value™ of €4.57 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 702 REITs companies, Medical Properties Trust ranks worse than 87.89% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Medical Properties Trust's Operating Income for the three months ended in Mar. 2026 was €121.3 Mil. Medical Properties Trust's Interest Expense for the three months ended in Mar. 2026 was €-115.3 Mil. Medical Properties Trust's interest coverage for the quarter that ended in Mar. 2026 was 1.05. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Medical Properties Trust Inc interest coverage is 1.08, which is low.

The historical rank and industry rank for Medical Properties Trust's Interest Coverage or its related term are showing as below:

FRA:M3P' s Interest Coverage Range Over the Past 10 Years
Min: 0.2   Med: 2.43   Max: 2.91
Current: 1.08


FRA:M3P's Interest Coverage is ranked worse than
87.89% of 702 companies
in the REITs industry
Industry Median: 3.125 vs FRA:M3P: 1.08

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Medical Properties Trust  (FRA:M3P) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Medical Properties Trust Interest Coverage Related Terms


Medical Properties Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for Medical Properties Trust's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Medical Properties Trust Interest Coverage Chart

Medical Properties Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 2.72 0.20 0.92 1.06

Medical Properties Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 1.05 0.94 1.28 1.05

FRA:M3P vs NHI, DHC, LTC: Interest Coverage Comparison

For the REIT - Healthcare Facilities subindustry, Medical Properties Trust's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Medical Properties Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Medical Properties Trust's Interest Coverage falls into.


FRA:M3P
64GF Score
Medical Properties Trust Inc FRA:M3P
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medical Properties Trust Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Medical Properties Trust's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Medical Properties Trust's Interest Expense was €-435.8 Mil. Its Operating Income was €461.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €8,391.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*460.968/-435.849
=1.06

Medical Properties Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Medical Properties Trust's Interest Expense was €-115.3 Mil. Its Operating Income was €121.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €8,446.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*121.276/-115.33
=1.05

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.05 mean?
Medical Properties Trust (FRA:M3P) has a Interest Coverage of 1.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Medical Properties Trust and its competitors. This is 57% below median its historical median of 2.43. Over the past decade, Medical Properties Trust's Interest Coverage has ranged from 0.20 to 2.91. According to the industry distribution chart, Medical Properties Trust ranks #617 out of 702 companies in the REITs industry, placing it in the top 87.9%.
Is Medical Properties Trust's Interest Coverage too high?
Medical Properties Trust's current Interest Coverage of 1.05 is 57% below median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.91. The REITs industry median Interest Coverage is 3.13. Medical Properties Trust's value of 1.05 is 66.4% below this industry median. Based on the distribution chart, Medical Properties Trust ranks #617 out of 702 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Medical Properties Trust has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Properties Trust's Interest Coverage compare to NHI and DHC?
According to the REITs industry distribution chart, Medical Properties Trust ranks #617 out of 702 companies for Interest Coverage. This places Medical Properties Trust in the lower half of its industry. The industry median Interest Coverage is 3.13. Medical Properties Trust's value of 1.05 is 66.4% below this benchmark. Historically, Medical Properties Trust's own Interest Coverage has ranged from 0.20 to 2.91 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 3.13, Medical Properties Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.13, based on 702 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medical Properties Trust's current Interest Coverage of 1.05 is 66.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Medical Properties Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Properties Trust's current Interest Coverage is 1.05, which is 57% below median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Properties Trust stock overvalued right now?
Based on GuruFocus' analysis, Medical Properties Trust (FRA:M3P) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.57, compared to a current price of €3.81 — trading 16.7% below its estimated fair value. The current Interest Coverage is 1.05, which is 57% below median its 10-year median of 2.43 and 66.4% below the REITs industry median of 3.13. Medical Properties Trust's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Medical Properties Trust (FRA:M3P), the current Interest Coverage is 1.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Medical Properties Trust (FRA:M3P) Overvalued in 2026?

Based on GuruFocus' analysis, Medical Properties Trust stock appears to be undervalued. The current stock price of €3.81 is trading 16.7% below its estimated GF Value™ of €4.57. GuruFocus considers Medical Properties Trust to be Modestly Undervalued.

Key valuation signals for FRA:M3P:

  • Interest Coverage: 1.05 (57% below median its 10-year median of 2.43)
  • GF Value™: €4.57 vs. price of €3.81 (16.7% below fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 66.4% below the REITs median (#617 of 702)

No single metric tells the full story. See the FRA:M3P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medical Properties Trust Business Description

Industry Real EstateREITs
Address 10500 Liberty Parkway, Birmingham, AL, USA, 35242
Medical Properties Trust Inc acquires and develops net-leased healthcare facilities. Its investments in healthcare real estate, other loans, and any investments in tenants are considered a single reportable segment. Its business strategy is to acquire and develop healthcare facilities and lease the facilities to healthcare operating companies under long-term net leases, which require the tenant to bear of the costs associated with the property. The group's geographic areas are the United States, the United Kingdom, and All other countries.
64GF Score

Get the complete analysis for FRA:M3P

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.81
Price
€4.57
GF Value