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) Price to free cash flow

Alert me on Price to free cash flow

Healthpeak Properties, Inc. has no meaningful price to free cash flow: its trailing twelve-month free cash flow is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 340× (June 2026) — the current reading is the lowest in ten years.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 33.0× 168.46%
FY2024 12.3× (60.66%)
FY2023 31.2× —
FY2022 0.0× —
FY2021 17.7× (89.08%)
FY2020 162× —
FY2019 0.0× —
FY2018 6.7× (32.02%)
FY2017 9.9× (30.75%)
FY2016 14.3× (64.44%)

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 0.0× —
Mar 2026 255× 674.21%
Dec 2025 33.0× 26.26%
Sep 2025 26.1× 70.01%
42 more quarters

Against its own ten years

Low 0.0× High 340×
Ten-year median 13.4×
Current reading's percentile 24

Price to free cash flow against peers

Company Price to free cash flow
LTC LTC Properties, Inc. compare n/m
CTRE CareTrust REIT, Inc. compare n/m
NHI National Health Investors, Inc. compare n/m
DOC Healthpeak Properties, Inc. n/m
SBRA Sabra Healthcare REIT, Inc. compare n/m
HR Healthcare Realty Trust Incorporated compare 4.5×
OHI Omega Healthcare Investors, Inc. compare 16.9×
VTR Ventas, Inc. compare 29.7×
AHR American Healthcare REIT, Inc. compare 47.6×
Reit Healthcare Facilities industry median 17.6×
Real Estate sector median 12.1×
Market median 14.3×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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