Diversified Healthcare Trust (DHCNL) Operating Expenses (2009 - 2026)
Diversified Healthcare Trust (DHCNL) posted Operating Expenses of $371.2 million for Q1 2026, down 5.71% on a QoQ basis from $393.7 million in Q4 2025, and down 13.7% year-over-year from $430.1 million in Q1 2025.
Diversified Healthcare Trust (DHCNL) Operating Expenses (2009 - 2026) Analysis & Trends
Diversified Healthcare Trust's Operating Expenses history runs 18 years deep, the most recent figure standing at $371.2 million for 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 was $371.2 million for Q1 2026 at Diversified Healthcare Trust, down from $393.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $497.9 million in Q3 2025 and bottomed at $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 retreated 13.7%.
- Diversified Healthcare Trust's Operating Expenses stood at $355.1 million in 2022, then rose by 11.0% to $394.1 million in 2023, then gained by 6.75% to $420.7 million in 2024, then dropped by 6.43% to $393.7 million in 2025, then decreased by 5.71% to $371.2 million in 2026.
- Business Quant data shows DHCNL's Operating Expenses at $371.2 million in Q1 2026, $393.7 million in Q4 2025, and $497.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 172.91 Bn | 168.34 Bn | 1.30 Bn | 3.01 Bn |
| 2 | Ventas | 46.62 Bn | 46.50 Bn | 1.65 Bn | 1.62 Bn |
| 3 | Healthpeak Properties | 15.34 Bn | 16.55 Bn | - | 323.86 Mn |
| 4 | Omega Healthcare Investors | 15.14 Bn | 15.41 Bn | - | 167.14 Mn |
| 5 | American Healthcare REIT | 10.71 Bn | 10.59 Bn | 97.60 Mn | 611.91 Mn |
| 6 | CareTrust REIT | 9.45 Bn | 9.46 Bn | - | 3.11 Mn |
| 7 | Healthcare Realty Trust | 7.33 Bn | 7.33 Bn | - | 247.32 Mn |
| 8 | Sabra Health Care REIT | 5.09 Bn | 5.09 Bn | - | 3.77 Mn |
| 9 | Diversified Healthcare Trust | 4.51 Bn | 4.39 Bn | 295.29 Mn | 371.20 Mn |
| 10 | National Health Investors | 3.86 Bn | 3.87 Bn | - | 78.03 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 | 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 |
| Jun 30, 2021 | 264.63 Mn |