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| 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 |