Please wait while we load the requested 10-K report or click the link below:
Contact: Tim Berryman
Director Investor Relations
Medical Properties Trust, Inc.
MEDICAL PROPERTIES TRUST, INC. REPORTS NORMALIZED FFO PER
DILUTED SHARE OF $0.35 IN FOURTH QUARTER
Represents 25% Increase Compared To Prior Year Quarter
Company Introduces Calendar Year 2016 Normalized FFO Estimate of $1.29 to $1.33
Birmingham, AL February 9, 2016 Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) today announced financial and operating results for the fourth quarter and year ended December 31, 2015.
FOURTH QUARTER AND RECENT HIGHLIGHTS
|||Normalized Funds from Operations (FFO) per diluted share was $0.35 in the fourth quarter, up 25% compared to $0.28 per diluted share reported in the fourth quarter of 2014;|
|||On a full year basis 2015s normalized FFO per share increased 19% to $1.26 compared to $1.06 per diluted share in 2014;|
|||Acquisitions reported in 2015 totaled approximately $1.7 billion compared to approximately $1.4 billion in 2014 and $700 million in 2013;|
|||Total gross assets grew 50% to $5.9 billion in 2015;|
|||Four Adeptus Health freestanding emergency facilities were completed and started paying rent in the fourth quarter; MPT is now receiving rent from 35 Adeptus facilities with eight more under construction.|
Included in the financial tables accompanying this press release is information about the Companys assets and liabilities, net income and reconciliations of net income to FFO and Adjusted Funds from Operations (AFFO), all on a basis comparable to 2014 results.
Over the last three years we have more than doubled MPTs assets to almost $6 billion, increased per share normalized FFO by more than 40%, improved our dividend payout ratio by 20%, reduced our single tenant concentration by 9% and achieved an investment grade rating on our unsecured debt, said Edward K. Aldag, Jr., Chairman, President and CEO of the Company. In addition, our tenants continue to report strong operating and financial results. As of the end
The following information was filed by Medical Properties Trust Inc (MPW) on Tuesday, February 9, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one year to another to evaluate Medical Properties Trust Inc's financial trajectory
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Medical Properties Trust Inc.