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
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