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
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 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