Healthpeak Properties, Inc. (DOC)
NYSE: DOC · Real-Time Price · USD
20.79
-0.02 (-0.10%)
At close: Aug 14, 2026, 4:00 PM EDT
20.89
+0.10 (0.48%)
After-hours: Aug 14, 2026, 7:57 PM EDT

Healthpeak Properties Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
243.371.35243.14306.01500.45505.54
Depreciation & Amortization
1,0681,022996.31725.89688.93665.69
Other Amortization
33.4431.9128.9711.9210.889.22
Gain (Loss) on Sale of Assets
-128.51-69.49-178.7-86.46-33.12-605.31
Gain (Loss) on Sale of Investments
-138.34--77.55-0.23-311.44-1.04
Asset Writedown
-4.53-4.0215.31-7.69755.9
Stock-Based Compensation
22.2314.4115.5414.4826.4618.2
Income (Loss) on Equity Investments
175.11191.113.52-9.29-1.11-6.26
Change in Accounts Receivable
-20.02-16.27-40.86-21.57-17.4318.63
Change in Accounts Payable
-86.32-25.29-28.64-40.73136.297.77
Other Operating Activities
-156.83-114.54-38.5-83.41-106.66126.92
Operating Cash Flow
1,2311,2521,070956.24900.26795.25
Operating Cash Flow Growth
-1.09%16.95%11.95%6.22%13.21%4.85%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Acquisition of Real Estate Assets
-1,881-1,384-720.07-860.65-1,148-2,205
Sale of Real Estate Assets
479.6337.72648.55141.6547.892,399
Net Sale / Acq. of Real Estate Assets
-1,402-1,047-71.52-719-1,100194.06
Cash Acquisition
---179.22---
Investment in Marketable & Equity Securities
-138.95-58.2786.97-67.75117.3612.38
Other Investing Activities
32.3420.048.7124.981.45-
Investing Cash Flow
-1,100-1,035-113.8-576.75-876.34531.03

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-13,1084,49111,08816,38217,910
Total Debt Issued
19,62213,1084,49111,08816,38217,910
Long-Term Debt Repaid
--12,000-4,338-10,710-16,058-18,211
Total Debt Repaid
-18,655-12,000-4,338-10,710-16,058-18,211
Net Debt Issued (Repaid)
967.351,109153.22378.08324.58-301.01
Issuance of Common Stock
1.711.150.320.28308.15.04
Repurchase of Common Stock
-101.67-97.15-190.69-6.52-67.84-12.84
Common Dividends Paid
-845.99-849.1-794.78-657.02-648.05-650.08
Other Financing Activities
1,403-27.47-109.48-52.12-33.33-329.62

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
1,555353.415.2842.19-92.6137.76

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
1,6451,163827.78644.23958.392,722
Unlevered Free Cash Flow
1,8221,321974.07757.521,0562,812

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
292.53260.11249.47188.21162.12173.04
Cash Income Tax Paid
5.763.417.861.92-1.94.52
Change in Working Capital
116.79105.7544.7882.95118.8626.39
SEC Filings: 10-K · 10-Q