Healthpeak Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Rental Revenue	1,964	1,632	1,542	1,378	1,182	1,070	Upgrade
Other Revenue	558.85	527.42	494.94	471.33	436.49	144.33	Upgrade
Total Revenue	2,556	2,181	2,061	1,896	1,645	1,240	Upgrade
Revenue Growth (YoY	18.79%	5.81%	8.70%	15.28%	32.61%	4.11%	Upgrade
Property Expenses	1,020	900.58	859.94	767.12	794.88	407.21	Upgrade
Selling, General & Administrative	102.79	103.13	99.93	106.3	99.24	92.97	Upgrade
Depreciation & Amortization	971.28	749.9	710.57	684.29	553.95	435.19	Upgrade
Provision for Loan Losses	-9.24	-2.09	-6.53	-	-	-	Upgrade
Total Operating Expenses	2,103	1,756	1,677	1,558	1,448	935.36	Upgrade
Operating Income	453.04	425.31	384.2	338.48	196.81	304.98	Upgrade
Interest Expense	-262.71	-200.33	-172.94	-157.98	-218.34	-217.61	Upgrade
Income (Loss) on Equity Investments	2.15	10.2	1.99	6.1	-66.6	-6.33	Upgrade
Other Non-Operating Income	5.55	3.39	-9.63	8.81	48.49	-2.95	Upgrade
EBT Excluding Unusual Items	198.04	238.57	203.61	195.41	-39.64	78.08	Upgrade
Merger & Restructuring Charges	-131	-11	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	77.31	-	-	-	170	161	Upgrade
Gain (Loss) on Sale of Assets	187.62	86.46	343.21	190.59	90.35	-0.04	Upgrade
Total Insurance Settlements	3	3	-	-	-	-	Upgrade
Asset Writedown	3.34	7.69	-0.47	-23.16	-42.91	-17.71	Upgrade
Other Unusual Items	0.23	0.42	-30.24	-228.37	-26.71	-51.34	Upgrade
Pretax Income	338.55	325.14	509.12	134.47	151.08	169.99	Upgrade
Income Tax Expense	6.52	-9.62	-4.43	-3.26	-9.42	-5.48	Upgrade
Earnings From Continuing Operations	332.03	334.76	513.54	137.73	160.51	175.47	Upgrade
Earnings From Discontinued Operations	-	-	2.88	385.66	267.45	-115.38	Upgrade
Net Income to Company	332.03	334.76	516.42	523.39	427.96	60.09	Upgrade
Minority Interest in Earnings	-22.49	-28.75	-15.98	-17.85	-14.39	-14.56	Upgrade
Net Income	309.54	306.01	500.45	505.54	413.56	45.53	Upgrade
Preferred Dividends & Other Adjustments	0.77	1.73	2.66	3.27	2.42	1.54	Upgrade
Net Income to Common	308.77	304.28	497.79	502.27	411.15	43.99	Upgrade
Net Income Growth	28.12%	-38.85%	-1.01%	22.24%	808.33%	-95.71%	Upgrade
Basic Shares Outstanding	637	547	539	539	531	486	Upgrade
Diluted Shares Outstanding	638	547	539	539	531	489	Upgrade
Shares Change (YoY)	17.11%	1.51%	-0.02%	1.54%	8.53%	2.93%	Upgrade
EPS (Basic)	0.48	0.56	0.92	0.93	0.77	0.09	Upgrade
EPS (Diluted)	0.48	0.56	0.92	0.93	0.77	0.09	Upgrade
EPS Growth	11.87%	-39.79%	-0.87%	20.47%	755.21%	-95.98%	Upgrade
Dividend Per Share	1.200	1.200	1.200	1.200	1.480	1.480	Upgrade
Dividend Growth	0%	0%	0%	-18.92%	0%	0%	Upgrade
Operating Margin	17.72%	19.50%	18.64%	17.85%	11.96%	24.59%	Upgrade
Profit Margin	12.08%	13.95%	24.15%	26.49%	25.00%	3.55%	Upgrade
Free Cash Flow Margin	39.83%	43.84%	43.68%	41.94%	46.11%	68.21%	Upgrade
EBITDA	1,400	1,151	1,073	1,004	741.04	735.85	Upgrade
EBITDA Margin	54.78%	52.78%	52.06%	52.96%	45.05%	59.33%	Upgrade
D&A For Ebitda	947.27	725.89	688.93	665.69	544.23	430.87	Upgrade
EBIT	453.04	425.31	384.2	338.48	196.81	304.98	Upgrade
EBIT Margin	17.72%	19.50%	18.64%	17.85%	11.96%	24.59%	Upgrade
Funds From Operations (FFO)	1,047	985.18	895.17	604.73	693.37	780.31	Upgrade
FFO Per Share	1.63	1.79	1.66	-	1.30	1.59	Upgrade
Adjusted Funds From Operations (AFFO)	-	978.31	940.93	870.65	874.19	864.35	Upgrade
AFFO Per Share	1.80	1.78	1.74	-	1.64	1.76	Upgrade
FFO Payout Ratio	71.52%	66.69%	72.39%	107.50%	113.51%	92.29%	Upgrade
Effective Tax Rate	1.93%	-	-	-	-	-	Upgrade
Revenue as Reported	2,556	2,181	2,061	1,896	1,645	1,240	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.