Healthpeak Properties (DOC) Operating Expenses (2009 - 2026)

Healthpeak Properties' (DOC) quarterly Operating Expenses came in at $323.9 million in Q1 2026, down 49.59% year-on-year from $642.5 million in Q1 2025, and down 50.99% on a QoQ basis from $660.8 million in Q4 2025.

Healthpeak Properties (DOC) Operating Expenses (2009 - 2026) Analysis & Trends

Healthpeak Properties (DOC) has 18 years of Operating Expenses data on file, last reported at $323.9 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 49.59% year-over-year to $323.9 million in Q1 2026; TTM through Mar 2026 was $2.3 billion, a 117.74% increase from a year earlier, with the FY2025 full-year figure at $2.6 billion, up 142.65% from the prior year.
  • Operating Expenses for Q1 2026 stood at $323.9 million, down from $660.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for DOC reached as high as $666.2 million in Q2 2024 and fell as low as -$922.3 million in Q4 2024.
  • Historically, Operating Expenses has averaged $462.1 million across 5 years, with a median of $497.7 million in 2023.
  • Across the five-year window, Operating Expenses tumbled 285.86% in 2024 and surged 171.64% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $513.5 million in 2022, then dropped by 3.35% to $496.3 million in 2023, then tumbled by 285.86% to -$922.3 million in 2024, then jumped by 171.64% to $660.8 million in 2025, then plunged by 50.99% to $323.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $323.9 million in Q1 2026, $660.8 million in Q4 2025, and $653.3 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 323.86 Mn
Dec 31, 2025 660.78 Mn
Sep 30, 2025 653.30 Mn
Jun 30, 2025 651.64 Mn
Mar 31, 2025 642.47 Mn
Dec 31, 2024 -922.32 Mn
Sep 30, 2024 665.19 Mn
Jun 30, 2024 666.16 Mn
Mar 31, 2024 665.83 Mn
Dec 31, 2023 496.26 Mn
Sep 30, 2023 490.38 Mn
Jun 30, 2023 497.66 Mn
Mar 31, 2023 475.04 Mn
Dec 31, 2022 513.48 Mn
Sep 30, 2022 466.16 Mn
Jun 30, 2022 462.93 Mn
Mar 31, 2022 446.83 Mn
Dec 31, 2021 459.08 Mn
Sep 30, 2021 438.77 Mn
Jun 30, 2021 425.91 Mn