Medical Properties Trust (MPT) Operating Expenses (2010 - 2026)

Medical Properties Trust (MPT) reported 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 17 years of Operating Expenses data on file, last reported at $245.2 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $245.2 million, up 6.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $958.5 million (down 7.25% YoY), and the FY2025 annual result was $942.6 million, down 8.17% from the prior year.
  • Operating Expenses rose to $245.2 million in Q1 2026 per MPT's latest filing, 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.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 128.03% in 2023, then plunged 53.39% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $224.1 million in 2022, then fell by 4.91% to $213.1 million in 2023, then declined by 3.94% to $204.7 million in 2024, then advanced by 14.17% to $233.7 million in 2025, then grew 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Welltower 144.82 Bn 141.05 Bn 1.30 Bn 3.01 Bn
2 Ventas 39.06 Bn 38.93 Bn 1.65 Bn 1.62 Bn
3 Healthpeak Properties 13.76 Bn 14.32 Bn - 747.35 Mn
4 Omega Healthcare Investors 12.86 Bn 13.12 Bn - 5.43 Mn
5 American Healthcare REIT 8.89 Bn 8.81 Bn 97.60 Mn 611.91 Mn
6 CareTrust REIT 8.47 Bn 8.48 Bn - 61.07 Mn
7 Healthcare Realty Trust 6.83 Bn 6.83 Bn - 247.32 Mn
8 National Health Investors 3.40 Bn 3.41 Bn - 78.03 Mn
9 Diversified Healthcare Trust 2.05 Bn 1.93 Bn 304.41 Mn 371.20 Mn
10 Medical Properties Trust - - - 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