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| Date | Value |
|---|---|
| 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 |