Medical Properties Trust (MPT) Operating Expenses (2010 - 2026)
Medical Properties Trust's (MPT) quarterly Operating Expenses came in at $245.2 million in Q1 2026, up 6.92% year-on-year from $229.3 million in Q1 2025, and up 4.92% on a QoQ basis from $233.7 million in Q4 2025.
Medical Properties Trust (MPT) Operating Expenses (2010 - 2026) Analysis & Trends
Medical Properties Trust (MPT) has 17 years of Operating Expenses data on file, last reported at $245.2 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 6.92% year-over-year to $245.2 million in Q1 2026; TTM through Mar 2026 was $958.5 million, a 7.25% decrease from a year earlier, with the FY2025 full-year figure at $942.6 million, down 8.17% from the prior year.
- Operating Expenses for Q1 2026 stood at $245.2 million, up from $233.7 million in the prior quarter.
- Over the last five years, Operating Expenses for MPT reached as high as $529.2 million in Q2 2023 and fell as low as $204.7 million in Q4 2024.
- Historically, Operating Expenses has averaged $253.8 million across 5 years, with a median of $230.3 million in 2023.
- Across the five-year window, Operating Expenses jumped 128.03% in 2023 and slumped 53.39% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $224.1 million in 2022, then slipped by 4.91% to $213.1 million in 2023, then decreased by 3.94% to $204.7 million in 2024, then increased by 14.17% to $233.7 million in 2025, then gained by 4.92% to $245.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $245.2 million in Q1 2026, $233.7 million in Q4 2025, and $246.1 million in 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 | Medical Properties Trust | 2.88 Bn | 2.08 Bn | - | 245.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 245.19 Mn |
| Dec 31, 2025 | 233.69 Mn |
| Sep 30, 2025 | 246.12 Mn |
| Jun 30, 2025 | 233.49 Mn |
| Mar 31, 2025 | 229.32 Mn |
| Dec 31, 2024 | 204.69 Mn |
| Sep 30, 2024 | 352.74 Mn |
| Jun 30, 2024 | 246.66 Mn |
| Mar 31, 2024 | 222.44 Mn |
| Dec 31, 2023 | 213.08 Mn |
| Sep 30, 2023 | 229.10 Mn |
| Jun 30, 2023 | 529.15 Mn |
| Mar 31, 2023 | 230.35 Mn |
| Dec 31, 2022 | 224.09 Mn |
| Sep 30, 2022 | 215.53 Mn |
| Jun 30, 2022 | 232.06 Mn |
| Mar 31, 2022 | 226.52 Mn |
| Dec 31, 2021 | 224.34 Mn |
| Sep 30, 2021 | 222.99 Mn |
| Jun 30, 2021 | 221.90 Mn |