Healthpeak Properties, Inc. (DOC)
Real Estate · REIT - Healthcare Facilities · NYSE
Healthpeak Properties, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.13B | $1.85B | $1.19B | $1.24B | $1.64B | $1.90B | $2.04B | $2.16B | $2.66B | $2.76B |
| Gross profit | $1.39B | $1.18B | $812.66M | $835.10M | $862.33M | $1.12B | $1.17B | $1.26B | $1.58B | — |
| Net income | $627.75M | $414.17M | $1.06B | $45.53M | $413.56M | $505.54M | $497.79M | $304.28M | $242.38M | $70.51M |
| Net margin | 29.5% | 22.4% | 89.1% | 3.7% | 25.1% | 26.7% | 24.4% | 14.1% | 9.1% | 2.6% |
Source: Healthpeak Properties, Inc. SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into DOC stock?
At today's market cap of $14.13B, Healthpeak Properties, Inc. is priced for free-cash-flow growth of about 17% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $357.01M from the FY ending 2025-12-31). For comparison, revenue 10.9%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Healthpeak Properties, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Healthpeak Properties, Inc. financial history by metric
About Healthpeak Properties, Inc.
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.
Healthpeak Properties, Inc. — frequently asked questions
What is Healthpeak Properties, Inc.'s revenue?
Healthpeak Properties, Inc. (DOC) reported revenue of $2.76B for fiscal year 2025, up 4.0% from the prior year, according to its SEC filings.
Is Healthpeak Properties, Inc. profitable?
Yes. DOC earned net income of $70.51M in fiscal 2025, a net margin of 2.6%.
What is DOC's P/E ratio?
Healthpeak Properties, Inc. trades at a price-to-earnings ratio of about 64.1 based on the latest data in our nightly-refreshed cache.
How fast is Healthpeak Properties, Inc. growing?
DOC's revenue grew at roughly 10.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Healthpeak Properties, Inc. have?
As of fiscal year 2025, DOC carried roughly $9.85B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Healthpeak Properties, Inc.'s market cap?
Healthpeak Properties, Inc. (DOC) has a market capitalization of about $14.13B, based on the latest data in our nightly-refreshed cache.
When does Healthpeak Properties, Inc.'s fiscal year end?
DOC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into DOC stock?
At today's market cap of $14.13B, Healthpeak Properties, Inc. is priced for free-cash-flow growth of about 17% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $357.01M from the FY ending 2025-12-31). For comparison, revenue 10.9%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Healthpeak Properties, Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.