Saturday 31 October 2026 Export DOC’s income statement to Excel — free account

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%

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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

Overview Business Profile Earnings & Analysis Segments Filings

Healthpeak Properties, Inc. (DOC) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2016: revenue by segment, and margins
Senior Housing Operating Portfolio	687	32.26%
Outpatient medical	446	20.96%
Senior Housing Triple Net	423	19.87%
Lab	359	16.84%
Other Non-Reporting Segment	215	10.08%
Gross margin		65.32%
Operating margin		33.31%
Pre-tax margin		17.25%

Revenue by segment $m

Line	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Senior Housing Operating Portfolio	687 32.26%	518 26.71%	244 14.88%	—	—	—	—	—	—
Outpatient medical	446 20.96%	415 21.40%	368 22.49%	354 16.87%	335 17.81%	320 18.91%	312 25.13%	309 26.98%	309 26.96%
Senior Housing Triple Net	423 19.87%	428 22.07%	538 32.88%	—	—	—	—	—	—
Lab	359 16.84%	343 17.68%	314 19.19%	297 14.14%	290 15.41%	288 17.01%	277 22.32%	255 22.24%	242 21.17%
Other Non-Reporting Segment	215 10.08%	236 12.14%	173 10.57%	—	—	—	—	—	—
Senior housing	—	—	—	760 36.21%	624 33.20%	519 30.61%	372 30.03%	341 29.77%	349 30.44%
Post Acute And Skilled Nursing	—	—	—	615 29.31%	550 29.26%	487 28.75%	158 12.72%	119 10.40%	120 10.52%
Hospital	—	—	—	73 3.48%	81 4.32%	80 4.73%	122 9.80%	122 10.61%	125 10.92%
Revenue	2,129	1,940	1,637	2,100	1,880	1,694	1,240	1,147	1,145

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
AFFO a share	Q2 FY2026	$0.46	$0.44	+4.55%
FFO a share	Q2 FY2026	$0.46	$0.43	+6.98%
Lab new and renewal lease executions	Q3 FY2025	339.0K	465.0K	−27.10%
Lab rent mark-to-market on renewals	Q1 FY2026	3.50%	5.00%	—
New and renewal lease executions	Q2 FY2026	1.6M	1.5M	+6.67%
Outpatient Medical new and renewal lease executions	Q3 FY2025	1.2M	3.0M	−60.00%
Outpatient Medical rent mark-to-market on renewals	Q1 FY2026	5.40%	4.00%	—

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023
AFFO a share	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
FFO a share	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Lab new and renewal lease executions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Lab rent mark-to-market on renewals	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New and renewal lease executions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Outpatient Medical new and renewal lease executions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Outpatient Medical rent mark-to-market on renewals	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.