Earnings Per Share/Unit

3 Months Ended

Mar. 31, 2024

8. 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 March 31,
	2024			2023
Numerator:
Net (loss) income	$	(875,377	)	$	33,030
Non-controlling interests’ share in earnings		(248	)		(236	)
Participating securities’ share in earnings		—			(515	)
Net (loss) income, less participating securities’ share in earnings	$	(875,625	)	$	32,279
Denominator:
Basic weighted-average common shares		600,304			598,302
Dilutive potential common shares		—			8
Diluted weighted-average common shares		600,304			598,310

MPT Operating Partnership, L.P.

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


	For the Three Months Ended March 31,
	2024			2023
Numerator:
Net (loss) income	$	(875,377	)	$	33,030
Non-controlling interests’ share in earnings		(248	)		(236	)
Participating securities’ share in earnings		—			(515	)
Net (loss) income, less participating securities’ share in earnings	$	(875,625	)	$	32,279
Denominator:
Basic weighted-average units		600,304			598,302
Dilutive potential units		—			8
Diluted weighted-average units		600,304			598,310