Healthpeak Properties, Inc. (DOC)

Healthpeak Properties Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	250.62	101.03	267.3	334.76	516.42	525.93
Depreciation & Amortization	1,053	923.21	937.46	749.9	710.57	684.29
Stock-Based Compensation	19.16	14.41	31.77	14.48	26.46	18.2
Other Adjustments	-172.59	107.57	-210.8	-225.84	-472.05	-459.56
Change in Receivables	-22.59	-16.27	-40.86	-21.57	-17.43	18.63
Changes in Accounts Payable	29.01	-25.29	-28.64	104.51	136.29	7.77
Changes in Unearned Revenue	36.96	147.3	114.28	-	-	-
Operating Cash Flow	939.33	1,252	1,071	956.24	900.26	795.25
Operating Cash Flow Growth	2.79%	16.95%	11.95%	6.22%	13.21%	4.85%
Capital Expenditures	-874.52	-897.61	-713.28	-844.8	-970.15	-722.04
Sale of Property, Plant & Equipment	428.08	337.72	648.55	141.65	47.89	2,399
Purchases of Investments	-136.15	-184.93	-113.79	-108.24	-31.89	-43.09
Proceeds from Sale of Investments	119.09	176.8	116.35	225.51	128.51	380.06
Payments for Business Acquisitions	-1,168	-486.7	-186	-15.85	-178.13	-1,483
Proceeds from Business Divestments	162.8	-	125.66	-	125.99	-
Other Investing Activities	26.5	20.04	8.71	24.98	1.45	-
Investing Cash Flow	-1,443	-1,035	-113.8	-576.75	-876.34	531.03
Short-Term Debt Issued	13,730	12,121	3,741	10,345	15,882	16,822
Short-Term Debt Repaid	-12,142	-11,192	-4,311	-10,620	-16,053	-15,785
Net Short-Term Debt Issued (Repaid)	1,587	928.85	-570	-275.61	-170.37	1,036
Long-Term Debt Issued	492.77	987.26	750	743.78	500	1,089
Long-Term Debt Repaid	-556.8	-807.43	-26.78	-90.09	-5.05	-2,426
Net Long-Term Debt Issued (Repaid)	-64.03	179.83	723.22	653.69	494.95	-1,337
Issuance of Common Stock	1.18	1.15	0.32	0.28	308.1	5.04
Repurchase of Common Stock	-73.56	-97.15	-190.69	-6.52	-67.84	-12.84
Net Common Stock Issued (Repurchased)	-72.38	-96	-190.37	-6.25	240.26	-7.81
Common Dividends Paid	-847.61	-849.1	-794.78	-657.02	-648.05	-650.08
Other Financing Activities	729.35	-27.47	-109.48	-52.12	-33.33	-329.62
Financing Cash Flow	846.95	136.11	-941.42	-337.3	-116.53	-1,289
Net Cash Flow	343.71	353.4	15.28	42.19	-92.61	37.76
Free Cash Flow	64.81	354.35	357.22	111.44	-69.89	73.21
Free Cash Flow Growth	-81.71%	-0.80%	220.55%	-	-	-
FCF Margin	2.26%	12.55%	13.23%	5.11%	-3.39%	3.86%
Free Cash Flow Per Share	0.09	0.51	0.53	0.20	-0.13	0.14
Levered Free Cash Flow	1,989	1,327	705.42	691.98	699.09	171.28
Unlevered Free Cash Flow	709.74	623.4	620.32	444.09	224.44	292.98

Updated May 6, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q