AH Realty Trust (AHRT) Operating Expenses (2012 - 2026)
AH Realty Trust (AHRT) posted Operating Expenses of $40.5 million for Q1 2026, up 1.36% on a QoQ basis from $40.0 million in Q4 2025, and down 4.2% year-over-year from $42.3 million in Q1 2025.
AH Realty Trust (AHRT) Operating Expenses (2012 - 2026) Analysis & Trends
AH Realty Trust's Operating Expenses history runs 15 years deep, the most recent figure standing at $40.5 million for Q1 2026.
- Quarterly Operating Expenses fell 4.2% year-over-year to $40.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $159.6 million (down 6.27% YoY) and the FY2025 annual result came in at $161.4 million, down 3.08% from the prior year.
- Operating Expenses was $40.5 million for Q1 2026 at AH Realty Trust, up from $40.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $143.9 million in Q3 2023 and bottomed at -$216.8 million in Q4 2023.
- A 5-year average of $56.0 million and a median of $42.3 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 262.24% — and 2024, when it jumped 119.05%.
- AH Realty Trust's Operating Expenses stood at $133.7 million in 2022, then tumbled by 262.24% to -$216.8 million in 2023, then soared by 119.05% to $41.3 million in 2024, then retreated by 3.17% to $40.0 million in 2025, then grew by 1.36% to $40.5 million in 2026.
- Business Quant data shows AHRT's Operating Expenses at $40.5 million in Q1 2026, $40.0 million in Q4 2025, and $42.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 15.98 Mn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 255.10 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 58.06 Mn |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 86.87 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 85.31 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 160.87 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 64.12 Mn |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 135.70 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 30.88 Mn |
| 10 | AH Realty Trust | 553.29 Mn | 735.62 Mn | - | 40.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.55 Mn |
| Dec 31, 2025 | 40.00 Mn |
| Sep 30, 2025 | 41.97 Mn |
| Jun 30, 2025 | 37.10 Mn |
| Mar 31, 2025 | 42.33 Mn |
| Dec 31, 2024 | 41.31 Mn |
| Sep 30, 2024 | 41.73 Mn |
| Jun 30, 2024 | 44.93 Mn |
| Mar 31, 2024 | 38.55 Mn |
| Dec 31, 2023 | -216.83 Mn |
| Sep 30, 2023 | 143.90 Mn |
| Jun 30, 2023 | 142.67 Mn |
| Mar 31, 2023 | 123.84 Mn |
| Dec 31, 2022 | 133.65 Mn |
| Sep 30, 2022 | 106.11 Mn |
| Jun 30, 2022 | 84.93 Mn |
| Mar 31, 2022 | 65.50 Mn |
| Dec 31, 2021 | 75.74 Mn |
| Sep 30, 2021 | 54.83 Mn |
| Jun 30, 2021 | 56.05 Mn |