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Healthpeak Properties, Inc. DOC SPX

Real Estate · REIT - Healthcare Facilities · United States
https://www.healthpeak.com
Company Profile ↓
$21.66
+25.15% 1Y
Mkt Cap$14.93B
P/E67.69
P/B1.84
Div. Yield5.90%
52W High$21.93
52W Low$15.25
Book Value$11.26
EPS (TTM)$0.32

Company Overview

Healthpeak Properties, Inc. is a Standard & Poor's 500 company that owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery in the United States. Our company was originally founded in 1985. We are organized as an umbrella partnership REIT. We hold substantially all our assets and conduct our operations through our operating subsidiary, Healthpeak OP, a consolidated subsidiary of which we are the managing member. We are a Maryland corporation and qualify as a self-administered REIT. We are headquartered in Denver, Colorado, with additional corporate offices in California, Tennessee, Wisconsin, and Massachusetts and property management offices in several locations throughout the U.S. We have a diversified portfolio of high-quality healthcare properties across three core asset classes of outpatient medical, lab, and continuing care retirement community real estate. Under the outpatient medical and lab segments, we own, operate, and develop outpatient medical buildings, hospitals, and lab buildings. Under the CCRC segment, our properties are operated through RIDEA structures. We have other non-reportable segments that are comprised primarily of: (i) an interest in an unconsolidated joint venture that owns 19 senior housing assets, (ii) loans receivable, and (iii) a preferred equity investment. These non-reportable segments have been presented on a combined basis herein. At September 30, 2025, our portfolio of investments, including properties in certain of our unconsolidated joint ventures, consisted of interests in 703 properties: (i) Outpatient medical – 530 properties; (ii) Lab – 139 properties; (iii) CCRC – 15 properties; and (iv) Other non-reportable – 19 properties. Healthpeak Properties, Inc. was incorporated in 1985 in Maryland, USA.

Why Investors Should Care

Dividend Income

Offers a dividend yield of 5.90%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $603.99M (+6.2% YoY); net profit $71.35M.
  • Trailing 12 Months Year-on-year growth — revenue +7.1%, earnings +363.9%.
  • 5-Year Trend Long-term compounding — revenue CAGR -2.5%, profit CAGR -10.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-2.51%
1 Year:7.10%

Compounded Profit Growth

5 Years:-10.86%
1 Year:363.90%

Stock Price Performance

1 Year:+25.15%
6 Months:+34.13%
3 Months:+33.41%
1 Month:+6.18%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 96% of range
$15.25 $21.93
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)62.36 · Neutral
Price Performance
1M+6.18%
3M+33.41%
6M+34.13%
1Y+25.15%
Valuation vs Sector

P/E of 67.69 is above the sector median of 27.36 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Attractive dividend yield of 5.90%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 67.7.
  • Revenue declined at -2.5% CAGR over 5 years.
  • Earnings shrank at -10.9% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
67.69
Industry PE
27.36
Forward P/E
144.40
PEG Ratio
4.32
Book Value
$11.26
Price to Book
1.84
P/S
4.97
EV/EBITDA
16.22
Dividend Yield
5.90%

Growth (CAGR)

Revenue 5Y
-2.51%
Profit 5Y
-10.86%
Revenue (YoY)
7.10%
Earnings (YoY)
363.90%

Profitability & Returns

ROCE
-
ROE
2.80%
ROA
1.50%
Profit Margin
7.73%
Op Margin
12.31%
Gross Margin
58.33%
EPS (Latest Qtr)
$0.28
EPS (TTM)
$0.32

Balance Sheet & Liquidity

Debt/Equity
1.18
Quick Ratio
1.41
Current Ratio
2.04
Debt
$10.71B
Total Assets
$21.62B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.30%
Chg in Prom Hold
-
FII / Inst Holding
102.60%
Chg in FII Hold
-0.07%

Financial Snapshot

Enterprise Value
$14.93B
Total Revenue (TTM)
$2.87B
EBITDA
$1.54B
Free Cash Flow
$1.11B
Operating Cash Flow
$1.23B
Shares Outstanding
689.42M
Gross Margin
58.33%
Payout Ratio
381.26%

Peer comparison

Peer companies in the same sector (Real Estate).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DOC Healthpeak Properties, Inc. SPX 21.66 67.69 $14.93B 5.90% - 2.80% -2.51% -10.86%
2 WELL Welltower Inc. SPX 236.00 113.46 $166.60B 1.25% 0.26% 3.67% 22.69% 87.90%
3 PLD Prologis, Inc. SPX 142.49 35.71 $132.85B 2.88% - 6.84% 14.83% 36.55%
4 EQIX Equinix, Inc. SPX 1,023.54 70.74 $100.95B 1.87% 5.10% 10.06% 16.33% 16.02%
5 AMT American Tower Corporation SPX 168.83 27.23 $78.66B 3.73% 7.82% 29.95% 3.34% 12.73%
6 SPG Simon Property Group, Inc. SPX 221.28 15.38 $71.76B 4.02% - 113.59% 3.14% 14.02%
7 DLR Digital Realty Trust, Inc. SPX 173.11 45.80 $60.83B 2.65% - 5.69% 15.18% 18.41%
8 O Realty Income Corporation SPX 63.77 52.27 $59.47B 5.18% - 2.83% 24.73% 13.04%
9 PSA Public Storage SPX 318.93 32.95 $55.99B 3.68% - 20.18% 5.67% 7.85%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue ----------142.81M136.77M137.36M-126.69M177.77M213.04M-91.78M113.93M115.03M-116.13M117.31M119.02M-121.56M125.36M122.14M-127.08M130.18M133.81M138.78M140.89M142.84M148.93M148.85M150.46M200.34M
Net Income 115.36M-598.87M116.12M301.72M151.25M58.66M461.14M19.38M-7.66M-58.70M40.23M89.94M99.37M831.55M61.47M-13.60M-45.86M43.52M279.08M51.51M-63.42M146.39M145.79M276.28M54.71M28.76M71.61M68.34M353.97M6.53M118.95M51.90M64.21M6.68M146.05M85.87M42.83M31.67M-117.12M193.63M
Diluted EPS 0.25-1.290.250.640.320.120.970.04-0.02-0.130.080.190.211.730.13-0.03-0.090.090.540.09-0.12-0.270.510.10-0.130.130.65-0.220.090.120.010.210.120.060.05-0.170.28

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 953.74M1.14B1.15B1.24B1.69B1.88B2.10B1.64B1.94B2.13B524.27M144.22M144.33M436.49M471.32M494.94M527.42M568.48M603.99M
Net Income 565.08M448.50M131.69M330.71M538.89M832.54M970.84M922.23M-559.24M627.75M414.17M1.06B45.53M413.56M505.54M500.45M306.01M243.14M71.35M
Diluted EPS 2.701.790.401.001.291.902.132.00-1.211.340.882.240.090.770.930.920.560.360.10

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --11.85B12.21B13.33B17.41B19.92B20.08B21.33B21.45B15.76B14.09B12.72B14.03B15.92B15.26B15.77B15.70B19.94B20.34B
Total Equity 3.46B4.44B5.20B5.78B7.96B9.03B10.55B10.72B10.74B9.34B5.55B5.30B5.94B6.09B6.73B6.52B6.65B6.35B8.40B7.50B
Cash & Equivalents 58.41M96.27M57.56M112.26M1.04B33.51M247.67M300.56M181.92M340.44M94.73M55.31M53.98M80.40M44.23M158.29M72.03M117.64M119.82M467.46M
Long Term Debt -----7.63B8.61B8.59B9.66B10.97B9.10B7.79B5.48B6.30B6.62B6.17B6.50B6.88B8.72B9.85B
Total Liabilities --6.44B6.25B5.19B8.19B9.16B9.14B10.33B11.70B9.82B8.49B6.21B7.37B8.57B8.11B8.48B8.77B10.88B12.03B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 453.05M568.70M515.63M580.50M724.16M1.03B1.15B1.25B1.22B1.21B847.04M848.71M846.07M758.43M795.25M900.26M956.24M1.07B1.25B
Investing Cash Flow -2.89B427.33M-61.41M-430.93M-4.58B-2.31B-196.65M-1.51B-1.66B-428.97M1.25B1.83B-1.45B-1.01B531.03M-876.34M-576.75M-113.80M-1.03B
Financing Cash Flow 2.47B-1.03B-399.53M774.87M2.85B1.49B-900.42M144.80M614.09M-1.05B-2.15B-2.62B647.27M246.45M-1.29B-116.53M-337.30M-941.42M136.11M
Share Buybacks -------12.70M8.74M8.69M4.79M3.43M5.04M10.53M12.84M67.84M6.52M190.69M97.14M
Dividends Paid 393.57M457.64M517.07M590.74M787.69M865.31M956.68M1.00B1.05B979.54M694.96M696.91M720.12M787.07M650.08M648.05M657.02M794.78M849.10M

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------------
Operating Margin % -------------------
Net Margin % 59.2%39.2%11.5%26.7%31.8%44.3%46.2%56.3%-28.8%29.5%79.0%735.8%31.5%94.7%107.3%101.1%58.0%42.8%11.8%
ROE % 12.7%8.6%2.3%4.2%6.0%7.9%9.1%8.6%-6.0%11.3%7.8%17.9%0.7%6.1%7.8%7.5%4.8%2.9%1.0%
ROCE % -------------------

Shareholding Pattern

Insiders
0.30%
Institutions
102.60%
Public Float
102.90%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 10.64% 73.36M $1.60B
2 Vanguard Portfolio Management LLC 8.43% 58.13M $1.27B
3 State Street Corporation 7.03% 48.50M $1.06B
4 Vanguard Capital Management LLC 6.56% 45.22M $987.81M
5 JPMORGAN CHASE & CO 6.49% 44.73M $977.16M
6 Fuller & Thaler Asset Management Inc. 4.24% 29.20M $637.91M
7 Geode Capital Management, LLC 3.54% 24.40M $533.04M
8 Invesco Ltd. 3.51% 24.17M $527.94M
9 Principal Financial Group, Inc. 2.72% 18.77M $409.94M
10 Bank Of New York Mellon Corporation 2.24% 15.46M $337.65M

Analyst View

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Latest News

Recent headlines for DOC

Google News ue, 14 Jul 2026

Healthpeak Properties' Q2 2026 Earnings: What to Expect - Yahoo Finance

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Google News ue, 14 Jul 2026

(DOC) Volatility Zones as Tactical Triggers - Stock Traders Daily

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Google News hu, 09 Jul 2026

Healthpeak Properties (DOC) Joins Russell 2500 Indexes, Is The Stock Fully Valued? - simplywall.st

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Google News hu, 09 Jul 2026

Healthpeak Properties Declares Monthly Common Stock Cash Dividends for the Third Quarter of 2026 - Business Wire

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Google News Sun, 07 Jun 2026

Alexandria Or Healthpeak? Your Risk Tolerance May Determine The Winner - Seeking Alpha

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Google News Fri, 15 May 2026

Monthly Dividend Stock In Focus: Healthpeak Properties - Sure Dividend

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DOC — Frequently Asked Questions

What is the current share price of Healthpeak Properties, Inc. (DOC)?

As of 2026-07-14 21:23 PDT, Healthpeak Properties, Inc. (DOC) trades at $21.66 on NYSE. Its 52-week range is $15.25 to $21.93.

What is the market capitalisation of DOC?

Healthpeak Properties, Inc. (DOC) has a market capitalisation of $14.93B on NYSE.

What is the P/E ratio of DOC?

DOC trades at a trailing price-to-earnings (P/E) ratio of 67.69. The industry average P/E is 27.36. Its price-to-book (P/B) ratio is 1.84.

Does DOC pay a dividend?

Healthpeak Properties, Inc. (DOC) currently offers a dividend yield of 5.90%.

What is the return on equity (ROE) of DOC?

DOC has a return on equity (ROE) of 2.80%.

Is DOC a good stock to buy?

This page provides a data-driven analysis of Healthpeak Properties, Inc. (DOC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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