AH Realty Trust (AHRT) Operating Expenses (2012 - 2026)
AH Realty Trust's (AHRT) quarterly Operating Expenses came in at $40.5 million in Q1 2026, down 4.2% YoY from $42.3 million in Q1 2025, and up 1.36% on a QoQ basis from $40.0 million in Q4 2025.
AH Realty Trust (AHRT) Operating Expenses (2012 - 2026) Analysis & Trends
AH Realty Trust (AHRT) has 15 years of Operating Expenses data on file, last reported at $40.5 million in 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 grew to $40.5 million in Q1 2026, from $40.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $143.9 million in Q3 2023 to a low of -$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 plunged 262.24% — and 2024, when it jumped 119.05%.
- Tracing AHRT's Operating Expenses over 5 years: stood at $133.7 million in 2022, then sank by 262.24% to -$216.8 million in 2023, then jumped by 119.05% to $41.3 million in 2024, then declined by 3.17% to $40.0 million in 2025, then advanced by 1.36% to $40.5 million in 2026.
- The last three Operating Expenses figures came in at $40.5 million (Q1 2026), $40.0 million (Q4 2025), and $42.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.00 Bn | 28.56 Bn | 1.05 Bn | 315.61 Mn |
| 2 | W. P. Carey | 16.13 Bn | 16.13 Bn | 441.59 Mn | 297.54 Mn |
| 3 | Broadstone Net Lease | 4.03 Bn | 4.02 Bn | - | 70.36 Mn |
| 4 | Global Net Lease | 1.93 Bn | 1.77 Bn | - | 80.99 Mn |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | 83.18 Mn |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 86.39 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 85.94 Mn |
| 8 | Empire State Realty Trust | 824.41 Mn | 824.41 Mn | - | 335.61 Mn |
| 9 | CTO Realty Growth | 765.55 Mn | 765.55 Mn | 32.71 Mn | 32.69 Mn |
| 10 | AH Realty Trust | 499.93 Mn | 499.93 Mn | - | 42.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.05 Mn |
| 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 |