Diversified Healthcare Trust (DHCNL) Operating Expenses (2009 - 2026)
Diversified Healthcare Trust's (DHCNL) quarterly Operating Expenses came in at $371.2 million in Q1 2026, down 13.7% YoY from $430.1 million in Q1 2025, and down 5.71% on a QoQ basis from $393.7 million in Q4 2025.
Diversified Healthcare Trust (DHCNL) Operating Expenses (2009 - 2026) Analysis & Trends
Diversified Healthcare Trust (DHCNL) has 18 years of Operating Expenses data on file, last reported at $371.2 million in Q1 2026.
- Quarterly Operating Expenses fell 13.7% year-over-year to $371.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 1.81% YoY) and the FY2025 annual result came in at $1.7 billion, up 7.5% from the prior year.
- Operating Expenses eased to $371.2 million in Q1 2026, from $393.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $497.9 million in Q3 2025 to a low of $332.1 million in Q2 2022.
- A 5-year average of $389.8 million and a median of $387.1 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 33.79% — and 2026, when it dropped 13.7%.
- Tracing DHCNL's Operating Expenses over 5 years: stood at $355.1 million in 2022, then grew by 11.0% to $394.1 million in 2023, then increased by 6.75% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 169.88 Bn | 167.91 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Ventas | 45.73 Bn | 45.53 Bn | 1.73 Bn | 1.68 Bn |
| 3 | Healthpeak Properties | 14.60 Bn | 14.60 Bn | - | 739.00 Mn |
| 4 | Omega Healthcare Investors | 13.94 Bn | 13.94 Bn | - | 187.79 Mn |
| 5 | American Healthcare REIT | 10.72 Bn | 10.53 Bn | 149.41 Mn | 631.81 Mn |
| 6 | CareTrust REIT | 9.28 Bn | 9.28 Bn | - | 72.38 Mn |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | 242.88 Mn |
| 8 | Sabra Health Care REIT | 5.17 Bn | 5.17 Bn | - | 88.62 Mn |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | 365.91 Mn |
| 10 | National Health Investors | 3.58 Bn | 3.58 Bn | - | 87.28 Mn |
Historic Data
Download 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 | 273.72 Mn |
| Sep 30, 2021 | 266.07 Mn |