Diversified Healthcare Trust (DHCNL) Operating Expenses (2009 - 2026)
Diversified Healthcare Trust (DHCNL) 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 (DHCNL) 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 | Diversified Healthcare Trust | - | - | 304.41 Mn | 371.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |