Diversified Healthcare Trust (DHC) Operating Expenses (2009 - 2026)
Diversified Healthcare Trust's Operating Expenses came in at $365.91 million for Q2 2026, down 13.1% from $421.09 million a year earlier and down 1.4% from the prior quarter.
Diversified Healthcare Trust (DHC) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Diversified Healthcare Trust reported Operating Expenses of $1.63 billion, down 3.5% year-over-year; for FY2025, it came in at $1.74 billion, up 7.5% from FY2024.
- Operating Expenses has increased in each of the last three years, with a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $1.62 billion in FY2024 (+7.1%), $1.51 billion in FY2023 (+9.9%), $1.38 billion in FY2022 (-2.6%) and $1.41 billion in FY2021 (-14.0%).
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q1 2023.
- Year-over-year, Operating Expenses has declined for three consecutive quarters, with growth averaging 2.6% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2025 (growth of 19.7%), and the weakest in Q3 2021 (a decline of 23.6%).
- Business Quant data shows DHC's Operating Expenses at $371.2 million (Q1 2026), $393.68 million (Q4 2025) and $497.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 1.47 Bn |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | 900.79 Mn |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 766.20 Mn |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 566.18 Mn |
| 10 | Diversified Healthcare Trust | 1.93 Bn | 1.38 Bn | - | 365.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 365.91 Mn |
| Mar 31, 2026 | 371.20 Mn |
| Dec 31, 2025 | 393.68 Mn |
| Sep 30, 2025 | 497.90 Mn |
| Jun 30, 2025 | 421.09 Mn |
| Mar 31, 2025 | 430.15 Mn |
| Dec 31, 2024 | 420.72 Mn |
| Sep 30, 2024 | 415.95 Mn |
| Jun 30, 2024 | 387.06 Mn |
| Mar 31, 2024 | 397.53 Mn |
| Dec 31, 2023 | 394.13 Mn |
| Sep 30, 2023 | 377.45 Mn |
| Jun 30, 2023 | 379.25 Mn |
| Mar 31, 2023 | 362.77 Mn |
| Dec 31, 2022 | 355.06 Mn |
| Sep 30, 2022 | 355.97 Mn |
| Jun 30, 2022 | 332.14 Mn |
| Mar 31, 2022 | 334.21 Mn |
| Dec 31, 2021 | 352.98 Mn |
| Sep 30, 2021 | 346.75 Mn |
Diversified Healthcare Trust Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();