20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Healthpeak Properties Inc (DOC) operates in the Health Care REITs industry and is headquartered in Denver, United States with about 411 employees. Its market capitalization is roughly $15 billion. In the fiscal year ended 2025-12-31, DOC reported $2.8B in revenue and $71M in net income.
Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery. Healthpeak Properties, Inc. is based in Denver, Colorado. Healthpeak Properties, Inc.
Interactive charts & full statements → Open the DOC valuation workbench →
| Income statement | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.9B | $2.8B | $2.7B | $2.2B | $2.1B | $1.9B | $1.6B | $1.2B | $1.2B | $1.8B | $2.1B | $1.9B | $1.6B | $2.1B | $1.9B | $1.7B | $1.3B | $1.2B | $1.0B | $983M | $619M |
| Gross Profit | $54M | $635M | $1.6B | $1.3B | $1.2B | $1.1B | $862M | $835M | $813M | $1.2B | $1.4B | $1.3B | $1.3B | $1.8B | $1.6B | $1.5B | $1.0B | $971M | $833M | $796M | $530M |
| Gross Margin % | 1.9% | 22.5% | 60.2% | 58.6% | 58.1% | 59.2% | 52.4% | 67.3% | 68.2% | 63.9% | 65.3% | 68.5% | 76.7% | 85.8% | 85.1% | 87.1% | 83.2% | 83.9% | 81.2% | 81.0% | 85.6% |
| Operating Income (EBIT) | $526M | $544M | $471M | $434M | $357M | $340M | $215M | $307M | $311M | $559M | $719M | $729M | $719M | $1.3B | $1.2B | $1.0B | $361M | $471M | $251M | $451M | $338M |
| Operating Margin % | 18.3% | 19.3% | 17.4% | 19.9% | 17.3% | 17.9% | 13.1% | 24.8% | 26.1% | 30.2% | 33.8% | 37.6% | 43.9% | 60.7% | 62.6% | 61.0% | 28.8% | 40.7% | 24.5% | 45.9% | 54.6% |
| Net Income | $222M | $71M | $243M | $306M | $500M | $506M | $414M | $46M | $1.1B | $414M | $628M | ($559M) | $922M | $971M | $833M | $539M | $331M | $130M | $448M | $589M | $418M |
| Net Margin % | 7.7% | 2.5% | 9.0% | 14.0% | 24.3% | 26.7% | 25.1% | 3.7% | 89.1% | 22.4% | 29.5% | -28.8% | 56.3% | 46.2% | 44.3% | 31.8% | 26.4% | 11.2% | 43.7% | 60.0% | 67.5% |
| EBITDA | $1.8B | $1.5B | $1.6B | $1.3B | $1.4B | $971M | $1.1B | $1.1B | $1.6B | $1.3B | $1.4B | $1.1B | $1.2B | $1.7B | $1.5B | $1.3B | $962M | $791M | $914M | $752M | $486M |
| Earnings Per Share (EPS) | $0.32 | $0.10 | $0.36 | $0.56 | $0.93 | $0.94 | $0.78 | $0.09 | $5.66 | $2.46 | $4.81 | $-7.28 | $2.01 | $2.13 | $1.94 | $1.35 | $1.08 | $0.47 | $1.88 | $2.81 | $2.81 |
| Shares Outstanding (M) | 695M | 696M | 676M | 547M | 539M | 539M | 531M | 489M | 188M | 168M | 130M | 77M | 459M | 456M | 428M | 400M | 307M | 275M | 238M | 209M | 149M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $753M | $719M | $706M | $694M | $703M | $698M | $700M | $696M |
| Gross Profit | ($150M) | ($627M) | $414M | $418M | $430M | $421M | $420M | $422M |
| Gross Margin % | -20.0% | -87.2% | 58.6% | 60.2% | 61.1% | 60.3% | 60.0% | 60.6% |
| Operating Income (EBIT) | $117M | $146M | $132M | $131M | $135M | $123M | $117M | $111M |
| Operating Margin % | 15.5% | 20.3% | 18.7% | 18.9% | 19.2% | 17.6% | 16.7% | 16.0% |
| Net Income | $194M | $114M | ($117M) | $32M | $43M | $5M | $86M | $146M |
| Net Margin % | 25.7% | 15.8% | -16.6% | 4.6% | 6.1% | 0.7% | 12.3% | 21.0% |
| EBITDA | $577M | $422M | $404M | $381M | $396M | $342M | $453M | $514M |
| Earnings Per Share (EPS) | $0.28 | $0.16 | $-0.17 | $0.05 | $0.06 | $0.01 | $0.12 | $0.21 |
| Shares Outstanding (M) | 695M | 696M | 696M | 697M | 699M | 700M | 700M | 703M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $1.2B | $1.3B | $1.1B | $956M | $900M | $795M | $758M | $846M | $849M | $847M | $1.2B | $1.2B | $1.2B | $1.1B | $1.0B | $724M | $580M | $516M | $569M | $453M | $334M |
| Capital Expenditures (CapEx) | $135M | $134M | $116M | $114M | $109M | $111M | $639M | $2.0B | $35M | $23M | $11M | $5M | $1M | $126M | $1M | $53M | $305M | $137M | $216M | $887M | $480M |
| Free Cash Flow (FCF) | $1.1B | $1.1B | $955M | $843M | $792M | $684M | $119M | ($1.2B) | $814M | $824M | $1.2B | $1.2B | $1.2B | $1.0B | $1.0B | $671M | $276M | $378M | $353M | ($434M) | ($146M) |
| FCF Margin % | 38.2% | 39.6% | 35.4% | 38.6% | 38.4% | 36.1% | 7.2% | -93.1% | 68.3% | 44.6% | 56.5% | 62.7% | 76.2% | 48.7% | 55.0% | 39.6% | 22.0% | 32.7% | 34.4% | -44.2% | -23.6% |
| Dividends Paid | $848M | $849M | $795M | $657M | $648M | $650M | $787M | $720M | $697M | $695M | $980M | $1.0B | $1.0B | $957M | $865M | $788M | $591M | $533M | $495M | $394M | $267M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $261M | $294M | $315M | $363M | $279M | $284M | $318M | $316M |
| Capital Expenditures (CapEx) | $24M | $58M | $27M | $26M | $204M | $604M | $24M | $36M |
| Free Cash Flow (FCF) | $237M | $236M | $288M | $338M | $76M | ($321M) | $295M | $280M |
| FCF Margin % | 31.5% | 32.8% | 40.8% | 48.6% | 10.8% | -46.0% | 42.1% | 40.3% |
| Dividends Paid | $212M | $212M | $212M | $212M | $213M | $210M | $210M | $211M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.6B | $20.3B | $19.9B | $15.7B | $15.8B | $15.3B | $15.9B | $4.3B | $4.1B | $4.2B | $2.9B | $1.6B | $812M | $293M | $108M | $125M | $13.3B | $12.2B | $11.8B | $12.5B | $10.0B |
| Cash & Cash Equivalents | $1.2B | $538M | $120M | $118M | $72M | $158M | $44M | $2M | $19M | $3M | $15M | $3M | $16M | $56M | $3M | $2M | $1.0B | $112M | $58M | $96M | $61M |
| Total Liabilities | $12.6B | $12.0B | $10.9B | $8.8B | $8.5B | $8.1B | $8.6B | $1.8B | $1.7B | $1.6B | $1.1B | $541M | $242M | $52M | $88M | $102M | $5.2B | $6.3B | $6.4B | $8.1B | $6.6B |
| Total Debt (Short + Long-Term) | $9.6B | $9.8B | $8.7B | $6.9B | $6.5B | $6.2B | $6.4B | $6.9B | $6.0B | $8.2B | $9.8B | $11.5B | $138M | $75M | $0M | $454M | $0M | $0M | $0M | $952M | $1.1B |
| Total Shareholders' Equity | $7.8B | $7.5B | $8.4B | $6.3B | $6.7B | $6.5B | $6.7B | $2.5B | $2.5B | $2.6B | $1.8B | $1.1B | $535M | $212M | $19M | $23M | $8.1B | $6.0B | $5.4B | $4.4B | $3.5B |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive DOC viewer.
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