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

Healthcare Realty Trust (HR) recorded quarterly Operating Expenses of $247.3 million in Q1 2026, down 1.94% quarter-over-quarter from $252.2 million in Q4 2025, and down 11.82% on a YoY basis from $280.5 million in Q1 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.

  • In Q1 2026, Operating Expenses fell 11.82% year-over-year to $247.3 million; the TTM figure through Mar 2026 stood at $1.1 billion (down 12.19% YoY), while the FY2025 annual figure was $1.1 billion, down 11.92% from the prior year.
  • Operating Expenses was $247.3 million for Q1 2026 at Healthcare Realty Trust, down from $252.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $367.2 million in Q3 2022 to a low of $130.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $283.3 million across 5 years, with a median of $305.6 million in 2024.
  • Biggest YoY gain for Operating Expenses was 217.39% in 2022; the steepest drop was 23.33% in 2022.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $247.3 million (Q1 2026), $252.2 million (Q4 2025), and $273.2 million (Q3 2025), per Business Quant data.

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
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