Healthpeak Properties DOC
NYSE DOC
$21.22 +0.47 (+2.27%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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