Medical Properties Trust MPT
NYSE MPT
$3.90 -0.09 (-2.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

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-over-year from $229.3 million in Q1 2025, and up 4.92% quarter-over-quarter from $233.7 million in Q4 2025.

Analysis

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.

  • 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 was $245.2 million for Q1 2026 at Medical Properties Trust, up from $233.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $529.2 million in Q2 2023 and troughed at $204.7 million in Q4 2024.
  • A 5-year average of $253.8 million and a median of $230.3 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 128.03% in 2023 and sank 53.39% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $224.1 million in 2022, then declined by 4.91% to $213.1 million in 2023, then dropped by 3.94% to $204.7 million in 2024, then gained by 14.17% to $233.7 million in 2025, then climbed by 4.92% to $245.2 million in 2026.
  • The last three Operating Expenses figures came in at $245.2 million (Q1 2026), $233.7 million (Q4 2025), and $246.1 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Welltower 170.25 Bn 169.31 Bn 1.39 Bn 3.22 Bn
2 Ventas 46.29 Bn 46.60 Bn 1.73 Bn 1.68 Bn
3 Healthpeak Properties 14.22 Bn 15.84 Bn - 739.00 Mn
4 Omega Healthcare Investors 13.87 Bn 14.12 Bn - 187.79 Mn
5 American Healthcare REIT 10.65 Bn 10.51 Bn 149.41 Mn 631.81 Mn
6 CareTrust REIT 9.21 Bn 9.22 Bn - 72.38 Mn
7 Healthcare Realty Trust 6.55 Bn 6.61 Bn - 242.88 Mn
8 Sabra Health Care REIT 5.31 Bn 5.31 Bn - 88.62 Mn
9 Diversified Healthcare Trust 4.63 Bn 4.51 Bn 298.67 Mn 365.91 Mn
10 Medical Properties Trust 2.40 Bn 1.59 Bn - 245.19 Mn
Historic Data

Historic Data

Download Data
DateValue
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