Healthpeak Properties (DOC) Operating Expenses (2009 - 2026)
Healthpeak Properties (DOC) reported Operating Expenses of $747.4 million for Q1 2026, up 16.32% year-over-year from $642.5 million in Q1 2025, and up 191.33% quarter-over-quarter from -$818.3 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 $747.4 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $747.4 million, up 16.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (down 53.29% YoY), and the FY2025 annual result was $1.1 billion, down 57.64% from the prior year.
- Operating Expenses rose to $747.4 million in Q1 2026 per DOC's latest filing, from -$818.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $747.4 million in Q1 2026 and troughed at -$818.3 million in Q4 2025.
- A 5-year average of $431.4 million and a median of $513.5 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 219.09% in 2024, then plunged 222.48% in 2025.
- A 5-year view of Operating Expenses shows it stood at $513.5 million in 2022, then tumbled by 209.26% to -$561.0 million in 2023, then jumped by 219.09% to $668.1 million in 2024, then sank by 222.48% to -$818.3 million in 2025, then jumped by 191.33% to $747.4 million in 2026.
- Business Quant data shows DOC's Operating Expenses at $747.4 million in Q1 2026, -$818.3 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 | 144.82 Bn | 141.05 Bn | 1.30 Bn | 3.01 Bn |
| 2 | Ventas | 39.06 Bn | 38.93 Bn | 1.65 Bn | 1.62 Bn |
| 3 | Healthpeak Properties | 13.76 Bn | 14.32 Bn | - | 747.35 Mn |
| 4 | Omega Healthcare Investors | 12.86 Bn | 13.12 Bn | - | 5.43 Mn |
| 5 | American Healthcare REIT | 8.89 Bn | 8.81 Bn | 97.60 Mn | 611.91 Mn |
| 6 | CareTrust REIT | 8.47 Bn | 8.48 Bn | - | 61.07 Mn |
| 7 | Healthcare Realty Trust | 6.83 Bn | 6.83 Bn | - | 247.32 Mn |
| 8 | National Health Investors | 3.40 Bn | 3.41 Bn | - | 78.03 Mn |
| 9 | Diversified Healthcare Trust | 2.05 Bn | 1.93 Bn | 304.41 Mn | 371.20 Mn |
| 10 | Ltc Properties | 1.75 Bn | 1.82 Bn | - | 70.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 747.35 Mn |
| Dec 31, 2025 | -818.31 Mn |
| Sep 30, 2025 | 653.30 Mn |
| Jun 30, 2025 | 651.64 Mn |
| Mar 31, 2025 | 642.47 Mn |
| Dec 31, 2024 | 668.14 Mn |
| Sep 30, 2024 | 665.19 Mn |
| Jun 30, 2024 | 666.16 Mn |
| Mar 31, 2024 | 665.83 Mn |
| Dec 31, 2023 | -561.02 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 |