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    Medical - Care Facilities
Medical Facilities Corporation

Medical Facilities Corporation

DR.TO
Medical Facilities CorporationCA flagToronto Stock Exchange
18.27
CAD
-0.04
- -
320.64MMarket Cap
Medical Facilities Corporation
DR.TO
(Toronto Stock Exchange)

Recent

price

18.27

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.68
7.63
8.45
10.14
9.49
9.94
10.93
12.43
12.61
12.81
11.7
12.82
14.46
13.45
10.25
13.05
12.62
Revenue per Share
-0.24
-0.54
1.16
0.36
0.74
1.52
0.31
0.67
0.68
0.32
0.28
0.5
-0.15
0.73
3.06
1.09
2.23
Basic EPS, GAAP
1.16
2.04
2.35
2.38
2.54
2.35
1.11
2.22
1.92
2.08
3.4
2.16
1.71
2.24
3.18
2.07
2.01
Free Cash Flow per Basic Share
1.24
0.74
1.11
1.09
1.02
0.89
0.85
0.86
0.87
0.78
0.19
0.22
0.26
0.24
0.25
0.26
0.25
Dividend per Share
-2.71
4.71
4.76
5.17
4.73
5.34
4.78
4.55
4.4
3.98
4.05
4.04
2.65
3.38
5.06
3.85
5.07
Book Value per Share
-4.93
-0.67
-1.27
0.08
0.2
1.35
-0.81
-0.35
-1.34
0.23
0.56
0.73
-0.65
-0.54
2.07
1.06
1.99
Tangible Book Value per Share
28
28
28
30
31
31
31
31
31
31
31
31
29
25
24
19
19
Basic Weighted Avg Shares
218
216
239
309
297
309
339
385
391
398
364
399
425
340
246
254
240
Sales/Revenue/Turnover
28.34
29.11
27.56
23.7
22.42
24.19
20.05
17.36
18.55
16.72
18.63
19.41
12.13
14.48
21.28
18.36
19.22
Operating Margin (%)
20
19
20
27
26
25
23
28
26
35
28
27
21
22
19
16
14
Depreciation Expense
-7
-15
33
11
23
47
10
21
21
10
9
16
-4
19
73
21
42
Net Income, GAAP
6.88
42.29
- -
- -
21.88
26.05
- -
12.3
14.8
16.78
10.43
8.64
29.75
17.37
- -
12.56
19.89
Effective Tax Rate (%)
-3.12
-7.1
13.71
3.56
7.84
15.26
2.87
5.36
5.35
2.47
2.42
3.89
-1.04
5.45
29.86
8.36
17.64
Profit Margin (%)
63
50
16
45
62
86
74
34
33
72
45
61
33
20
76
54
67
Working Capital
247
75
70
59
72
58
136
81
119
185
134
126
123
93
55
50
48
LT Debt
43
152
190
212
200
215
214
201
196
173
175
173
115
118
147
101
117
Total Equity
19.58
13.49
- -
- -
18.71
20.31
- -
16.71
17.75
14.89
16.93
22.12
12.96
16.93
- -
21.01
19.74
Return on Invested Capital (%)
-1.62
-13.49
- -
- -
0.43
3.85
- -
2.12
0.89
2.5
-1.43
2.48
-4.24
2.53
- -
3.11
14.97
Return on Capital (%)
- -
- -
24.44
7.54
15.24
30
6.21
14.25
15.08
7.55
7.06
12.32
-4.33
22.67
71.07
21.63
47.92
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
12
9
9
LT Borrowings
28
27
26
LT Finance Leases
25
23
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
208
237
228

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
97
123
129
Cash, Cash Equivalents & STI
47
43
86
Accounts Receivable, Net
40
35
33
Inventories
6
6
6
Total Current Liabilities
54
69
62
Payables & Accruals
35
32
38
ST Debt
12
9
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.83%
-7.78%
-31.8%
Free Cash Flow
4.33%
-12.32%
-47.15%
Net Income, GAAP
-37.62%
-69.3%
-71.08%
Sales/Revenue/Turnover
-1.01%
-5.64%
3.28%
Total Cash Common Dividend
-9.83%
-1.91%
-16.58%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
82
77
13
246
2025
61
81
83
9
254
2026
67
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
-0.02
0.3
- -
3.06
2025
0.17
0.22
0.44
- -
1.09
2026
1.4
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.06
0.07
- -
0.25
2025
0.06
0.06
0.07
- -
0.26
2026
0.07
- -
- -
- -
- -
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Business
Medical Facilities Corporation (DR.TO) owns and operates, in partnership with physicians, a portfolio of specialty surgical hospitals and an ambulatory surgery center focused on high-volume, non-emergency procedures in the United States. The company holds controlling interests in three specialty surgical hospitals—Arkansas Surgical Hospital in North Little Rock, Arkansas (orthopedics, neurosurgery; 13 operating rooms, 41 overnight rooms); Oklahoma Spine Hospital in Oklahoma City, Oklahoma (neurosurgery, pain management; 7 operating rooms, 25 overnight rooms); Sioux Falls Specialty Hospital in Sioux Falls, South Dakota (orthopedics, pain management, gastroenterology/urology, ear/nose/throat; 15 operating rooms, 33 overnight rooms)—and Newport Center Surgical, an ambulatory surgery center in Newport Beach, California (orthopedics, obstetrics/gynecology, pain management, gastroenterology/urology; 2 operating rooms, 1 procedure room). These facilities provide inpatient and outpatient surgical, imaging, diagnostic, and pain management services; ancillary offerings including primary care, urgent care, and occupational health; facility fees for infrastructure, equipment, nursing, drugs, supplies, and support services; with orthopedic and neurosurgical cases comprising a significant portion of volumes. Founded in 2004 and headquartered in Toronto, Canada, with operations exclusively in the US, Medical Facilities generates nearly all revenue from facility service income targeting surgeons, patients, and insurers seeking efficient alternatives to traditional hospitals. Recent developments include the completion of a substantial issuer bid on March 12, 2025, under which the company purchased and cancelled 3,374,313 common shares for C$60.7 million at C$18.00 per share; entry into a new $40 million credit agreement on August 6, 2025; renewal of its normal course issuer bid on November 27, 2025; divestiture of Black Hills Surgical Hospital on November 15, 2024; board changes announced on March 3, 2025; and a strategic shift announced September 13, 2022, away from acquisitions toward divestitures of non-core assets, cost reductions, and capital returns to shareholders.