MacKenzie Realty Capital (MKZR) Operating Expenses (2019 - 2025)
MacKenzie Realty Capital's (MKZR) quarterly Operating Expenses came in at $10.4 million in Q2 2025, up 46.12% year-on-year from $7.1 million in Q2 2024, and up 3.32% on a QoQ basis from $10.1 million in Q1 2025.
MacKenzie Realty Capital (MKZR) Operating Expenses (2019 - 2025) Analysis & Trends
MacKenzie Realty Capital (MKZR) has 7 years of Operating Expenses data on file, last reported at $10.4 million in Q2 2025.
- On a quarterly basis, Operating Expenses rose 46.12% year-over-year to $10.4 million in Q2 2025; TTM through Mar 2026 was $10.4 million, a 75.28% decrease from a year earlier, with the FY2025 full-year figure at $45.5 million, up 77.45% from the prior year.
- Operating Expenses for Q2 2025 stood at $10.4 million, up from $10.1 million in the prior quarter.
- Over the last five years, Operating Expenses for MKZR reached as high as $14.1 million in Q2 2022 and fell as low as $3.4 million in Q1 2021.
- Historically, Operating Expenses has averaged $8.0 million across 5 years, with a median of $7.2 million in 2021.
- Across the five-year window, Operating Expenses soared 531.75% in 2021 and plunged 50.69% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $4.6 million in 2021, then jumped by 81.36% to $8.4 million in 2022, then fell by 29.04% to $5.9 million in 2023, then surged by 112.03% to $12.6 million in 2024, then declined by 17.05% to $10.4 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $10.4 million in Q2 2025, $10.1 million in Q1 2025, and $12.6 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 15.98 Mn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 255.10 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 58.06 Mn |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 86.87 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 85.31 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 160.87 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 64.12 Mn |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 135.70 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 30.88 Mn |
| 10 | MacKenzie Realty Capital | 3.25 Mn | -4.16 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 10.44 Mn |
| Mar 31, 2025 | 10.10 Mn |
| Dec 31, 2024 | 12.59 Mn |
| Sep 30, 2024 | 12.39 Mn |
| Jun 30, 2024 | 7.14 Mn |
| Mar 31, 2024 | 6.76 Mn |
| Dec 31, 2023 | 5.94 Mn |
| Sep 30, 2023 | 5.82 Mn |
| Jun 30, 2023 | 7.33 Mn |
| Mar 31, 2023 | 13.70 Mn |
| Dec 31, 2022 | 8.36 Mn |
| Sep 30, 2022 | 5.59 Mn |
| Jun 30, 2022 | 14.15 Mn |
| Mar 31, 2022 | 4.39 Mn |
| Dec 31, 2021 | 4.61 Mn |
| Sep 30, 2021 | 3.83 Mn |
| Jun 30, 2021 | 7.20 Mn |
| Mar 31, 2021 | 3.42 Mn |
| Dec 31, 2020 | 1.28 Mn |
| Sep 30, 2020 | 1.15 Mn |