Healthpeak Properties, Inc. (DOC)
NYSE: DOC · Real-Time Price · USD
22.27
+0.19 (0.86%)
At close: Jul 24, 2026, 4:00 PM EDT
22.26
-0.01 (-0.04%)
After-hours: Jul 24, 2026, 7:34 PM EDT

Healthpeak Properties Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,8732,8232,7002,1812,0611,896
Revenue Growth
2.71%4.52%23.82%5.81%8.70%15.28%
Gross Profit
1,6931,6931,6261,2791,1981,123
Operating Income
479.29519.51315.56422344.73315.32
Net Income
221.6370.51242.38304.28497.79502.27
Earnings Per Share
0.320.100.360.560.920.93
EPS Growth
-20.00%-72.22%-35.71%-39.13%-1.07%190.63%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Outpatient Medical
1,2941,2741,185732.28725.37671.24
Lab
855.29860.02881.45878.33817.57715.84
CCRC
655.41603.99568.48527.42494.94471.33
Other Non-Reportable
62.4561.7844.7821.7823.337.77
Revenue (Total)
2,8732,8232,7002,1812,0611,896

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,171467.46119.82117.6472.03158.29
Total Debt
10,71310,1449,0237,0836,7066,375
Net Cash (Debt)
-9,542-9,677-8,903-6,965-6,634-6,216
Net Cash Growth
------
Net Cash Per Share
-13.73-13.90-13.17-12.73-12.30-11.53

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
939.331,2521,070956.24900.26795.25
Capital Expenditures
-874.52-897.61-713.28-844.8-970.15-722.04
Free Cash Flow
64.81354.35357.22111.44-69.8973.21
Free Cash Flow Growth
-52.33%-0.80%220.55%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
58.93%60.00%60.20%58.64%58.13%59.22%
Operating Margin
16.68%18.41%11.69%19.35%16.72%16.63%
Pretax Margin
8.98%3.91%10.06%14.91%24.70%7.09%
Profit Margin
8.72%3.58%9.90%15.35%24.91%7.26%
FCF Margin
2.26%12.55%13.23%5.11%-3.39%3.86%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.2201.2201.2001.2001.2001.200
Dividend Per Share Growth
9.58%1.67%0%0%0%-18.92%
Dividend Yield
5.48%7.59%5.80%6.07%4.80%3.34%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
69.84160.8056.3135.3627.2538.81
P/FCF Ratio
-31.5439.6997.22-265.75
PS Ratio
5.453.965.254.976.6510.26