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