Healthpeak Properties, Inc. (DOC)
NYSE: DOC · Real-Time Price · USD
20.26
+0.14 (0.70%)
At close: Nov 6, 2026, 4:00 PM EST
20.05
-0.21 (-1.04%)
After-hours: Nov 6, 2026, 7:55 PM EST
Healthpeak Properties Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 377.68 | 71.35 | 243.14 | 306.01 | 500.45 | 505.54 |
Depreciation & Amortization | 1,107 | 1,022 | 996.31 | 725.89 | 688.93 | 665.69 |
Other Amortization | 34.08 | 31.91 | 28.97 | 11.92 | 10.88 | 9.22 |
Gain (Loss) on Sale of Assets | -117.01 | -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 | -4.55 | -4.02 | 15.31 | -7.69 | 7 | 55.9 |
Stock-Based Compensation | 23.04 | 14.41 | 15.54 | 14.48 | 26.46 | 18.2 |
Income (Loss) on Equity Investments | -11.23 | 191.1 | 13.52 | -9.29 | -1.11 | -6.26 |
Change in Accounts Receivable | 1.2 | -16.27 | -40.86 | -21.57 | -17.43 | 18.63 |
Change in Accounts Payable | -21.4 | -25.29 | -28.64 | -40.73 | 136.29 | 7.77 |
Other Operating Activities | -143.18 | -114.54 | -38.5 | -83.41 | -106.66 | 126.92 |
Operating Cash Flow | 1,271 | 1,252 | 1,070 | 956.24 | 900.26 | 795.25 |
Operating Cash Flow Growth | 2.35% | 16.95% | 11.95% | 6.22% | 13.21% | 4.85% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Acquisition of Real Estate Assets | -3,572 | -1,384 | -720.07 | -860.65 | -1,148 | -2,205 |
Sale of Real Estate Assets | 453.59 | 337.72 | 648.55 | 141.65 | 47.89 | 2,399 |
Net Sale / Acq. of Real Estate Assets | -3,119 | -1,047 | -71.52 | -719 | -1,100 | 194.06 |
Cash Acquisition | - | - | -179.22 | - | - | - |
Investment in Marketable & Equity Securities | -222.83 | -58.27 | 86.97 | -67.75 | 117.36 | 12.38 |
Other Investing Activities | 21.8 | 20.04 | 8.71 | 24.98 | 1.45 | - |
Investing Cash Flow | -2,985 | -1,035 | -113.8 | -576.75 | -876.34 | 531.03 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 13,108 | 4,491 | 11,088 | 16,382 | 17,910 |
Total Debt Issued | 25,182 | 13,108 | 4,491 | 11,088 | 16,382 | 17,910 |
Long-Term Debt Repaid | - | -12,000 | -4,338 | -10,710 | -16,058 | -18,211 |
Total Debt Repaid | -23,955 | -12,000 | -4,338 | -10,710 | -16,058 | -18,211 |
Net Debt Issued (Repaid) | 1,227 | 1,109 | 153.22 | 378.08 | 324.58 | -301.01 |
Issuance of Common Stock | 1.64 | 1.15 | 0.32 | 0.28 | 308.1 | 5.04 |
Repurchase of Common Stock | -101.75 | -97.15 | -190.69 | -6.52 | -67.84 | -12.84 |
Common Dividends Paid | -844.4 | -849.1 | -794.78 | -657.02 | -648.05 | -650.08 |
Other Financing Activities | 1,877 | -27.47 | -109.48 | -52.12 | -33.33 | -329.62 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 446.09 | 353.4 | 15.28 | 42.19 | -92.61 | 37.76 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 1,613 | 1,163 | 827.78 | 644.23 | 958.39 | 2,722 |
Unlevered Free Cash Flow | 1,794 | 1,321 | 974.07 | 757.52 | 1,056 | 2,812 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 313.51 | 260.11 | 249.47 | 188.21 | 162.12 | 173.04 |
Cash Income Tax Paid | 6.53 | 3.41 | 7.86 | 1.92 | -1.9 | 4.52 |
Change in Working Capital | 143.66 | 105.75 | 44.78 | 82.95 | 118.86 | 26.39 |