Healthpeak Properties (DOC) Operating Expenses (2009 - 2026)
Healthpeak Properties (DOC) posted quarterly Operating Expenses of $323.9 million for Q1 2026, down 49.59% year-over-year from $642.5 million in Q1 2025, and down 50.99% quarter-over-quarter from $660.8 million in Q4 2025.
Healthpeak Properties (DOC) Operating Expenses (2009 - 2026) Analysis & Trends
Healthpeak Properties (DOC) has reported Operating Expenses for 18 consecutive years, with $323.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 49.59% year-over-year to $323.9 million; the TTM figure through Mar 2026 stood at $2.3 billion (up 117.74% YoY), while the FY2025 annual figure was $2.6 billion, up 142.65% from the prior year.
- Operating Expenses retreated to $323.9 million in Q1 2026 per DOC's latest filing, from $660.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $666.2 million in Q2 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 285.86% — and 2025, when it jumped 171.64%.
- Healthpeak Properties' Operating Expenses stood at $513.5 million in 2022, then decreased by 3.35% to $496.3 million in 2023, then tumbled by 285.86% to -$922.3 million in 2024, then surged by 171.64% to $660.8 million in 2025, then plunged by 50.99% to $323.9 million in 2026.
- Business Quant data shows DOC's Operating Expenses at $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 | 168.28 Bn | 166.31 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Ventas | 45.36 Bn | 45.17 Bn | 1.73 Bn | 1.68 Bn |
| 3 | Healthpeak Properties | 14.65 Bn | 14.65 Bn | - | 739.00 Mn |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | 187.79 Mn |
| 5 | American Healthcare REIT | 10.76 Bn | 10.56 Bn | 149.41 Mn | 631.81 Mn |
| 6 | CareTrust REIT | 9.30 Bn | 9.30 Bn | - | 72.38 Mn |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | 242.88 Mn |
| 8 | Sabra Health Care REIT | 5.18 Bn | 5.18 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 | 739.00 Mn |
| 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 |