Healthcare Realty Trust (HR) Operating Expenses (2010 - 2026)

Healthcare Realty Trust's (HR) quarterly Operating Expenses came in at $247.3 million in Q1 2026, down 11.82% year-on-year from $280.5 million in Q1 2025, and down 1.94% quarter-over-quarter from $252.2 million in Q4 2025.

Healthcare Realty Trust (HR) Operating Expenses (2010 - 2026) Analysis & Trends

Healthcare Realty Trust's Operating Expenses history runs 17 years deep, the most recent figure standing at $247.3 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 11.82% year-over-year to $247.3 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 12.19% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 11.92% from the prior year.
  • Operating Expenses slipped to $247.3 million in Q1 2026 per HR's latest filing, from $252.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $367.2 million in Q3 2022 and bottomed at $130.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $305.6 million (2024), against an average of $283.3 million.
  • Biggest YoY gain for Operating Expenses was 217.39% in 2022; the steepest drop was 23.33% in 2022.
  • Year by year, Operating Expenses stood at $327.6 million in 2022, then slipped by 3.0% to $317.7 million in 2023, then declined by 2.27% to $310.5 million in 2024, then decreased by 18.78% to $252.2 million in 2025, then slipped by 1.94% to $247.3 million in 2026.
  • Per Business Quant, the three latest HR Operating Expenses figures stand at $247.3 million (Q1 2026), $252.2 million (Q4 2025), and $273.2 million (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
DateValue
Mar 31, 2026 247.32 Mn
Dec 31, 2025 252.23 Mn
Sep 30, 2025 273.19 Mn
Jun 30, 2025 281.75 Mn
Mar 31, 2025 280.47 Mn
Dec 31, 2024 310.53 Mn
Sep 30, 2024 304.30 Mn
Jun 30, 2024 305.63 Mn
Mar 31, 2024 314.38 Mn
Dec 31, 2023 317.74 Mn
Sep 30, 2023 336.24 Mn
Jun 30, 2023 309.05 Mn
Mar 31, 2023 326.60 Mn
Dec 31, 2022 327.57 Mn
Sep 30, 2022 367.22 Mn
Jun 30, 2022 131.72 Mn
Mar 31, 2022 129.96 Mn
Dec 31, 2021 115.29 Mn
Sep 30, 2021 115.70 Mn
Jun 30, 2021 110.55 Mn