Diversified Healthcare Trust (DHC) Total Operating Expenses (2009 - 2026)
Diversified Healthcare Trust's Operating Expenses came in at $382.26 million for Q3 2026, down 23.2% from $497.9 million a year earlier but up 4.5% from the prior quarter.
Powered by 
Analysis
Diversified Healthcare Trust (DHC) Total Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Diversified Healthcare Trust reported Operating Expenses of $1.51 billion, down 14.5% 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 five-year range for quarterly Operating Expenses is $332.14 million (Q2 2022) to $497.9 million (Q3 2025).
- Year-over-year, Operating Expenses has declined for four consecutive quarters, with an average decline of 1.6% 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 2026 (a decline of 23.2%).
- Business Quant data shows DHC's Operating Expenses at $365.91 million (Q2 2026), $371.2 million (Q1 2026) and $393.68 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | Diversified Healthcare Trust | 1.75 Bn | 1.30 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 382.26 Mn |
| 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 |
API Access
Diversified Healthcare Trust Total 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=total-operating-expenses&ticker=DHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-operating-expenses&ticker=DHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();