v3.26.1
Earnings Per Share/Unit
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share/Unit

9. Earnings Per Share/Unit

Medical Properties Trust, Inc.

Our earnings per share were calculated based on the following (in thousands):

 

 

 

For the Three Months
Ended June 30,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(2,288

)

 

$

(98,068

)

Non-controlling interests’ share in net income

 

 

(307

)

 

 

(289

)

Participating securities’ share in earnings

 

 

(407

)

 

 

(224

)

Net loss, less participating securities’ share in earnings

 

$

(3,002

)

 

$

(98,581

)

Denominator:

 

 

 

 

 

 

Basic weighted-average common shares

 

 

597,961

 

 

 

600,814

 

Dilutive potential common shares(1)

 

 

 

 

 

 

Diluted weighted-average common shares

 

 

597,961

 

 

 

600,814

 

 

 

 

For the Six Months
Ended June 30,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net income (loss)

 

$

30,819

 

 

$

(216,084

)

Non-controlling interests’ share in net income

 

 

(587

)

 

 

(548

)

Participating securities’ share in earnings

 

 

(868

)

 

 

(341

)

Net income (loss), less participating securities’ share in earnings

 

$

29,364

 

 

$

(216,973

)

Denominator:

 

 

 

 

 

 

Basic weighted-average common shares

 

 

597,838

 

 

 

600,733

 

Dilutive potential common shares(1)

 

 

 

 

 

 

Diluted weighted-average common shares

 

 

597,838

 

 

 

600,733

 

MPT Operating Partnership, L.P.

Our earnings per unit were calculated based on the following (in thousands):

 

 

 

For the Three Months
Ended June 30,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(2,288

)

 

$

(98,068

)

Non-controlling interests’ share in net income

 

 

(307

)

 

 

(289

)

Participating securities’ share in earnings

 

 

(407

)

 

 

(224

)

Net loss, less participating securities’ share in earnings

 

$

(3,002

)

 

$

(98,581

)

Denominator:

 

 

 

 

 

 

Basic weighted-average units

 

 

597,961

 

 

 

600,814

 

Dilutive potential units(1)

 

 

 

 

 

 

Diluted weighted-average units

 

 

597,961

 

 

 

600,814

 

 

 

 

For the Six Months
Ended June 30,

 

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

Net income (loss)

 

$

30,819

 

 

$

(216,084

)

Non-controlling interests’ share in net income

 

 

(587

)

 

 

(548

)

Participating securities’ share in earnings

 

 

(868

)

 

 

(341

)

Net income (loss), less participating securities’ share in earnings

 

$

29,364

 

 

$

(216,973

)

Denominator:

 

 

 

 

 

 

Basic weighted-average units

 

 

597,838

 

 

 

600,733

 

Dilutive potential units(1)

 

 

 

 

 

 

Diluted weighted-average units

 

 

597,838

 

 

 

600,733

 

 

(1)
The above computation of diluted earnings per share/unit does not include 103,820 and 85,032 of potential common shares/units for the three and six months ended June 30, 2025, as inclusion of these shares when a loss exists would be antidilutive. There were no dilutive potential common shares/units for the three and six months ended June 30, 2026.