Medical Properties Trust (MPT) Operating Expenses (2010 - 2026)
Medical Properties Trust's Operating Expenses was $245.19 million in Q1 2026, up 6.9% from $229.32 million a year earlier and up 4.9% from the prior quarter.
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Analysis
Medical Properties Trust (MPT) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Medical Properties Trust's Operating Expenses was $958.48 million through Mar 31, 2026, down 7.3% year-over-year; for FY2025, it was $942.61 million, down 8.2% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $1.03 billion in FY2024 (-14.6%), $1.2 billion in FY2023 (+33.8%), $898.2 million in FY2022 (+2.8%) and $873.38 million in FY2021 (+16.5%).
- Quarterly Operating Expenses has moved between $204.69 million (Q4 2024) and $529.15 million (Q2 2023) over five years.
- Compared with a year earlier, Operating Expenses was higher in four of the last eight quarters, with an average decline of 1.8%.
- The best year-over-year quarter for Operating Expenses over five years was Q2 2023 (growth of 128.0%); the worst was Q2 2024 (a decline of 53.4%).
- Per Business Quant data, MPT's Operating Expenses in the three quarters before Q1 2026 was $233.69 million (Q4 2025), $246.12 million (Q3 2025) and $233.49 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.47 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 900.79 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 766.20 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 566.18 Mn |
| 10 | Medical Properties Trust | 2.07 Bn | 196.88 Mn | - | 245.19 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Medical Properties Trust Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MPT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();