Healthpeak Properties, Inc.

DOC Real Estate Reit Healthcare Facilities

Healthpeak Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 4.52% from fiscal 2024. In the quarter to June 2026, revenue grew 11.1%, EPS grew 60.0%, free cash flow fell 30.5% and total debt rose 11.0%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for five.

19.03 0.09 +0.48%
Market cap
$13.4B
P/E
54.5×
Fwd P/E
40.2×
Dividend yield
7.46%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Healthpeak Properties, Inc. (DOC) Operating margin

Alert me on Operating margin

Healthpeak Properties, Inc.'s operating margin over the twelve months to 30 June 2026 was 16.5%, down 1.9 percentage points from fiscal 2025 (18.4%). Over the past ten years it has ranged from 9.36% (fiscal 2020) to 33.3% (fiscal 2016); the current reading is higher than 45% of that period. That is below the Reit Healthcare Facilities industry median of 18.2% and below the Real Estate sector median of 18.9%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 18.4% 6.72
FY2024 11.7% (7.66)
FY2023 19.4% 2.63
FY2022 16.7% 0.09
FY2021 16.6% 7.27
FY2020 9.36% (13.80)
FY2019 23.2% (1.96)
FY2018 25.1% 4.33
FY2017 20.8% (12.52)
FY2016 33.3% 2.74

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 16.2% 3.84
Mar 2026 12.3% (7.02)
Dec 2025 19.4% 1.03
Sep 2025 18.3% 1.37
42 more quarters

Against its own ten years

Low 9.36% High 33.3%
Ten-year median 19.4%
Current reading's percentile 43

Operating margin against peers

Company Operating margin
CTRE CareTrust REIT, Inc. compare 65.8%
OHI Omega Healthcare Investors, Inc. compare 61.9%
NHI National Health Investors, Inc. compare 45.9%
LTC LTC Properties, Inc. compare 39.8%
SBRA Sabra Healthcare REIT, Inc. compare 18.2%
DOC Healthpeak Properties, Inc. 16.5%
VTR Ventas, Inc. compare 13.9%
HR Healthcare Realty Trust Incorporated compare 11.3%
AHR American Healthcare REIT, Inc. compare 6.40%
Reit Healthcare Facilities industry median 18.2%
Real Estate sector median 18.9%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on DOC