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
DateValue
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