Skip to content
OpenCapital
Get started

iREIT MarketVector Quality REIT Index IRET Property operating expenses, excluding real estate taxes

Property operating expenses, excluding real estate taxes at other companies

BNL
Broadstone Net LeaseBNL
$6.18M+12.6%
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$367.44M+3.9%
Empire State Realty Trust logo
Empire State Realty TrustESRT
$47.74M+6.0%
COPT Defense Properties logo
COPT Defense PropertiesCDP
$75.54M+9.2%
Global Net Lease logo
Global Net LeaseGNL
$3.99M-16.6%
CareTrust logo
CareTrustCTRE
$296K+182%

Other financials

Income statement

See full
Revenue$65.1M-3.0%
Gross profit$62.7M-3.0%
Operating income-$5.4M-214%
Net income-$15.0M-301%
EPS (diluted)-$0.77-250%

Balance sheet

See full
Cash & equivalents$10.3M-43.2%
Total debt$1.1B+0.7%
Total equity$695.0M+9.1%
Total assets$1.9B-0.3%

Cash flow

See full
Operating cash flow$21.4M-15.8%
CapEx$5.3M+5.4%
Free cash flow$16.1M-21.0%

Valuation

See full
Market cap$0-11.0%

Profitability

See full
Gross margin96.5%0.0pp
Operating margin28.5%+21.7pp
Net margin11.1%—
FCF margin22.1%-0.4pp

Returns & leverage

See full
Return on equity4.3%—
Debt / equity1.5×-0.1×

Where this comes from

Reported directly by iREIT MarketVector Quality REIT Index in its filing.

Tagged under the XBRL concept csr:PropertyOperatingExpensesExcludingRealEstateTaxes.

The official record: iREIT MarketVector Quality REIT Index’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

Ask your AI about iREIT MarketVector Quality REIT Index's property operating expenses, excluding real estate taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is iREIT MarketVector Quality REIT Index's property operating expenses, excluding real estate taxes?
iREIT MarketVector Quality REIT Index (IRET) reported property operating expenses, excluding real estate taxes of $18.24M in Q1 2026.
How has iREIT MarketVector Quality REIT Index's property operating expenses, excluding real estate taxes changed year-over-year?
iREIT MarketVector Quality REIT Index's property operating expenses, excluding real estate taxes decreased by 4.3% year-over-year, from $19.07M to $18.24M.
What is the long-term trend for iREIT MarketVector Quality REIT Index's property operating expenses, excluding real estate taxes?
Over 4 years (2021 to 2025), iREIT MarketVector Quality REIT Index's property operating expenses, excluding real estate taxes has grown at a 7.7% compound annual growth rate (CAGR), from $57.75M to $77.63M.
What does property operating expenses, excluding real estate taxes mean?
This metric represents the direct costs associated with the daily operation and maintenance of apartment communities, excluding property tax obligations. It typically includes expenses such as on-site personnel salaries, utilities, landscaping, and routine repairs. Monitoring this figure helps investors assess the efficiency of property management and the underlying cost structure of the real estate portfolio.