Medical Properties Trust (MPT) Operating Expenses (2010 - 2026)
Medical Properties Trust (MPT) posted quarterly Operating Expenses of $245.2 million for Q1 2026, up 6.92% year-over-year from $229.3 million in Q1 2025, and up 4.92% quarter-over-quarter from $233.7 million in Q4 2025.
Medical Properties Trust (MPT) Operating Expenses (2010 - 2026) Analysis & Trends
Medical Properties Trust (MPT) has reported Operating Expenses for 17 consecutive years, with $245.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 6.92% year-over-year to $245.2 million; the TTM figure through Mar 2026 stood at $958.5 million (down 7.25% YoY), while the FY2025 annual figure was $942.6 million, down 8.17% from the prior year.
- Operating Expenses climbed to $245.2 million in Q1 2026 per MPT's latest filing, from $233.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $529.2 million in Q2 2023 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 128.03% — and 2024, when it plunged 53.39%.
- Medical Properties Trust's Operating Expenses stood at $224.1 million in 2022, then retreated by 4.91% to $213.1 million in 2023, then fell by 3.94% to $204.7 million in 2024, then climbed by 14.17% to $233.7 million in 2025, then increased by 4.92% to $245.2 million in 2026.
- Business Quant data shows MPT's Operating Expenses at $245.2 million in Q1 2026, $233.7 million in Q4 2025, and $246.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.28 Bn | 166.31 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Ventas | 45.36 Bn | 45.17 Bn | 1.73 Bn | 1.68 Bn |
| 3 | Healthpeak Properties | 14.65 Bn | 14.65 Bn | - | 739.00 Mn |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | 187.79 Mn |
| 5 | American Healthcare REIT | 10.76 Bn | 10.56 Bn | 149.41 Mn | 631.81 Mn |
| 6 | CareTrust REIT | 9.30 Bn | 9.30 Bn | - | 72.38 Mn |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | 242.88 Mn |
| 8 | Sabra Health Care REIT | 5.18 Bn | 5.18 Bn | - | 88.62 Mn |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | 365.91 Mn |
| 10 | Medical Properties Trust | 2.45 Bn | 1.64 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 |