National Healthcare Properties (HLTC) Operating Expenses (2013 - 2026)
National Healthcare Properties (HLTC) posted Operating Expenses of $82.4 million for Q2 2026, down 8.99% on a QoQ basis from $90.6 million in Q4 2025, and down 11.83% year-over-year from $93.5 million in Q2 2025.
Analysis
National Healthcare Properties (HLTC) Operating Expenses (2013 - 2026) Analysis & Trends
National Healthcare Properties has reported Operating Expenses for 14 years, with the latest figure at $82.4 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 11.83% year-over-year to $82.4 million in Q2 2026; TTM through Jun 2026 was $350.8 million, a 12.32% decrease from a year earlier, with the FY2025 full-year figure at $366.8 million, down 24.63% from the prior year.
- Operating Expenses was $82.4 million for Q2 2026 at National Healthcare Properties, down from $90.6 million in the prior quarter.
- The five-year high for Operating Expenses was $189.0 million in Q2 2024, with the low at $82.4 million in Q2 2026.
- Average Operating Expenses over 5 years is $97.3 million, with a median of $90.6 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 122.43% in 2024, then slumped 50.54% in 2025.
- Over 5 years, Operating Expenses stood at $89.5 million in 2022, then rose by 4.31% to $93.4 million in 2023, then increased by 3.58% to $96.7 million in 2024, then fell by 6.36% to $90.6 million in 2025, then fell by 8.99% to $82.4 million in 2026.
- The last three Operating Expenses figures came in at $82.4 million (Q2 2026), $90.6 million (Q4 2025), and $84.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.67 Bn | 165.71 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Ventas | 43.73 Bn | 43.53 Bn | 1.73 Bn | 1.68 Bn |
| 3 | Omega Healthcare Investors | 14.11 Bn | 14.11 Bn | - | 187.79 Mn |
| 4 | Healthpeak Properties | 14.09 Bn | 14.09 Bn | - | 739.00 Mn |
| 5 | American Healthcare REIT | 10.39 Bn | 10.19 Bn | 149.41 Mn | 631.81 Mn |
| 6 | CareTrust REIT | 9.12 Bn | 9.12 Bn | - | 72.38 Mn |
| 7 | Healthcare Realty Trust | 6.48 Bn | 6.48 Bn | - | 242.88 Mn |
| 8 | Sabra Health Care REIT | 5.25 Bn | 5.25 Bn | - | 88.62 Mn |
| 9 | Diversified Healthcare Trust | 4.46 Bn | 4.34 Bn | 298.67 Mn | 365.91 Mn |
| 10 | National Healthcare Properties | 668.33 Mn | 425.73 Mn | - | 82.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.44 Mn |
| Dec 31, 2025 | 90.59 Mn |
| Sep 30, 2025 | 84.28 Mn |
| Jun 30, 2025 | 93.50 Mn |
| Mar 31, 2025 | 98.41 Mn |
| Dec 31, 2024 | 96.75 Mn |
| Sep 30, 2024 | 111.45 Mn |
| Jun 30, 2024 | 189.03 Mn |
| Mar 31, 2024 | 89.42 Mn |
| Dec 31, 2023 | 93.40 Mn |
| Sep 30, 2023 | 86.43 Mn |
| Jun 30, 2023 | 84.99 Mn |
| Mar 31, 2023 | 85.53 Mn |
| Dec 31, 2022 | 89.55 Mn |
| Sep 30, 2022 | 92.00 Mn |
| Jun 30, 2022 | 89.76 Mn |
| Mar 31, 2022 | 95.95 Mn |
| Dec 31, 2021 | 91.69 Mn |
| Sep 30, 2021 | 110.61 Mn |
| Jun 30, 2021 | 85.73 Mn |