Diversified Healthcare Trust (DHC) Operating Expenses (2009 - 2026)

Diversified Healthcare Trust (DHC) reported Operating Expenses of $371.2 million for Q1 2026, down 13.7% on a YoY basis from $430.1 million in Q1 2025, and down 5.71% quarter-over-quarter from $393.7 million in Q4 2025.

Diversified Healthcare Trust (DHC) Operating Expenses (2009 - 2026) Analysis & Trends

Diversified Healthcare Trust has reported Operating Expenses for 18 years, with the latest figure at $371.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 13.7% year-over-year to $371.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 1.81% YoY), and the FY2025 full-year result was $1.7 billion, up 7.5% from the prior year.
  • Operating Expenses for Q1 2026 stood at $371.2 million, down from $393.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $642.9 million in Q4 2023, with the low at $268.7 million in Q1 2022.
  • Historically, Operating Expenses has averaged $396.0 million across 5 years, with a median of $387.1 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Expenses surged 81.06% — and 2024, when it sank 34.55%.
  • Diversified Healthcare Trust's Operating Expenses stood at $355.1 million in 2022, then soared by 81.06% to $642.9 million in 2023, then slumped by 34.55% to $420.7 million in 2024, then decreased by 6.43% to $393.7 million in 2025, then fell by 5.71% to $371.2 million in 2026.
  • The last three Operating Expenses figures came in at $371.2 million (Q1 2026), $393.7 million (Q4 2025), and $497.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Welltower 144.82 Bn 141.05 Bn 1.30 Bn 3.01 Bn
2 Ventas 39.06 Bn 38.93 Bn 1.65 Bn 1.62 Bn
3 Healthpeak Properties 13.76 Bn 14.32 Bn - 747.35 Mn
4 Omega Healthcare Investors 12.86 Bn 13.12 Bn - 5.43 Mn
5 American Healthcare REIT 8.89 Bn 8.81 Bn 97.60 Mn 611.91 Mn
6 CareTrust REIT 8.47 Bn 8.48 Bn - 61.07 Mn
7 Healthcare Realty Trust 6.83 Bn 6.83 Bn - 247.32 Mn
8 National Health Investors 3.40 Bn 3.41 Bn - 78.03 Mn
9 Diversified Healthcare Trust 2.05 Bn 1.93 Bn 304.41 Mn 371.20 Mn
10 Ltc Properties 1.75 Bn 1.82 Bn - 70.63 Mn

Historic Data

Download Data
DateValue
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 642.86 Mn
Sep 30, 2023 377.45 Mn
Jun 30, 2023 379.25 Mn
Mar 31, 2023 286.08 Mn
Dec 31, 2022 355.06 Mn
Sep 30, 2022 355.97 Mn
Jun 30, 2022 332.14 Mn
Mar 31, 2022 268.74 Mn
Dec 31, 2021 352.98 Mn
Sep 30, 2021 346.75 Mn
Jun 30, 2021 353.72 Mn