CTO Realty Growth (CTO) Operating Expenses (2010 - 2026)
CTO Realty Growth's (CTO) quarterly Operating Expenses came in at $30.9 million in Q1 2026, up 10.53% year-on-year from $27.9 million in Q1 2025, and up 4.24% quarter-over-quarter from $29.6 million in Q4 2025.
CTO Realty Growth (CTO) Operating Expenses (2010 - 2026) Analysis & Trends
CTO Realty Growth's Operating Expenses history runs 17 years deep, the most recent figure standing at $30.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 10.53% year-over-year to $30.9 million in Q1 2026; TTM through Mar 2026 was $119.5 million, a 0.76% decrease from a year earlier, with the FY2025 full-year figure at $116.5 million, up 1.14% from the prior year.
- Operating Expenses improved to $30.9 million in Q1 2026 per CTO's latest filing, from $29.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $43.0 million in Q4 2024 and bottomed at $13.5 million in Q1 2022.
- The 5-year median for Operating Expenses is $23.4 million (2024), against an average of $24.6 million.
- Across the five-year window, Operating Expenses slumped 47.56% in 2022 and jumped 81.76% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $19.4 million in 2022, then grew by 22.36% to $23.7 million in 2023, then jumped by 81.76% to $43.0 million in 2024, then tumbled by 31.18% to $29.6 million in 2025, then increased by 4.24% to $30.9 million in 2026.
- Per Business Quant, the three latest CTO Operating Expenses figures stand at $30.9 million (Q1 2026), $29.6 million (Q4 2025), and $29.1 million (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 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | 25.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.88 Mn |
| Dec 31, 2025 | 29.62 Mn |
| Sep 30, 2025 | 29.05 Mn |
| Jun 30, 2025 | 29.92 Mn |
| Mar 31, 2025 | 27.94 Mn |
| Dec 31, 2024 | 43.05 Mn |
| Sep 30, 2024 | 25.99 Mn |
| Jun 30, 2024 | 23.41 Mn |
| Mar 31, 2024 | 22.77 Mn |
| Dec 31, 2023 | 23.68 Mn |
| Sep 30, 2023 | 23.25 Mn |
| Jun 30, 2023 | 21.47 Mn |
| Mar 31, 2023 | 21.76 Mn |
| Dec 31, 2022 | 19.36 Mn |
| Sep 30, 2022 | 17.33 Mn |
| Jun 30, 2022 | 14.44 Mn |
| Mar 31, 2022 | 13.48 Mn |
| Dec 31, 2021 | 20.83 Mn |
| Sep 30, 2021 | 12.48 Mn |
| Jun 30, 2021 | 27.54 Mn |