Companies / Real Estate
DOC
Healthpeak Properties
Health Care REITs
Health Care REITsAnalysis in progress
In progress
We are decoding this company's strategy and relationships
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health51
Growth47
Profitability56
Cash generationn/a
Balance sheetn/a
Dilution control52
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)78.3%Revenue growth (FY)6.2%Revenue CAGR (3y)6.9%Gross margin—Operating margin—Net margin11.8%Free cash flow margin59.1%R&D / revenue—Stock comp / revenue2.4%Net debt / operating cash flow7.49xCurrent ratio—Diluted share count change2.9%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $471M | $495M | $527M | $568M | $604M |
| Gross profit | -$302M | -$368M | -$375M | -$506M | — |
| Net income | $506M | $500M | $306M | $243M | $71M |
| Operating cash flow | $795M | $900M | $956M | $1.1B | $1.3B |
| Capital expenditure | $760M | $962M | $775M | $737M | $895M |
| Free cash flow | $36M | -$62M | $182M | $334M | $357M |
| Stock-based comp | $18M | $26M | $14M | $16M | $14M |
| Buybacks | $13M | $68M | $7M | $191M | $97M |
| Dividends | $650M | $648M | $657M | $795M | $849M |
| Cash | $158M | $72M | $118M | $120M | $467M |
| Total debt | $6.2B | $6.5B | $6.9B | $8.7B | $9.8B |
| Equity | $6.5B | $6.7B | $6.4B | $8.4B | $7.5B |
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