Healthpeak Properties Inc (DOC)

Name: Healthpeak Properties Inc Financial Statements
Creator: Quarter Results

Real Estate | REIT Healthcare Facilities

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$703M

Net Income

$42.8M

Operating Margin

8.6%

Free Cash Flow

$1.3B

Debt / Assets

59.2%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Healthpeak Properties Inc (DOC).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	702,889,000	697,988,000	700,397,000	695,504,000
Cost of Revenue	541,689,000	277,026,000	280,279,000	557,325,000
Gross Profit	161,200,000	420,962,000	420,118,000	138,179,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	26,118,000	23,929,000	23,216,000	26,718,000
Operating Expenses	100,783,000	298,398,000	420,118,000	310,216,000
Operating Income	60,417,000	122,564,000	116,883,000	112,014,000
Interest Expense	72,693,000	70,508,000	74,105,000	74,910,000
Income Before Tax	54,291,000	-3,234,000	98,510,000	155,393,000
Income Tax Expense	2,080,000	-14,014,000	1,938,000	2,728,000
Net Income	42,828,000	4,547,000	85,675,000	146,047,000
Per Share
EPS	0.06	0.01	0.12	0.21
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Healthpeak Properties Inc (DOC).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	2,822,512,000	2,700,449,000	2,181,003,000	526,635,000	457,699,000
Cost of Revenue	2,187,964,000	1,077,215,000	902,663,000	171,100,000	137,408,000
Gross Profit	634,548,000	1,623,234,000	1,278,340,000	355,535,000	320,291,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	90,416,000	97,162,000	103,132,000	40,209,000	37,757,000
Operating Expenses	90,416,000	1,154,367,000	103,132,000	229,850,000	195,627,000
Operating Income	544,132,000	471,221,000	1,175,208,000	124,895,000	124,664,000
Interest Expense	305,178,000	280,430,000	200,331,000	72,234,000	60,136,000
Income Before Tax	110,310,000	273,168,000	314,936,000	110,036,000	86,783,000
Income Tax Expense	9,283,000	4,350,000	-9,617,000	72,234,000	0
Net Income	71,347,000	243,142,000	306,009,000	37,802,000	83,965,000
Per Share
EPS	0.10	0.36	0.56	0.07	0.39
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Healthpeak Properties Inc (DOC).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	537,702,000	119,818,000	117,635,000	7,730,000
Short Term Investments	0	0	21,359,000	2,045,000
Net Receivables	684,347,000	794,000,000	274,270,000	116,476,000
Inventory	0	0	612,667,000	-12,574,000
Total Current Assets	1,073,477,000	986,145,000	561,279,000	124,206,000
Property Plant Equipment	412,198,000	424,173,000	240,155,000	231,225,000
Goodwill and Intangibles	723,045,000	817,254,000	332,156,000	523,335,000
Total Assets	20,336,018,000	19,938,255,000	15,698,850,000	5,096,877,000
Liabilities
Account Payables	718,509,000	275,972,000	240,258,000	4,391,000
Short Term Debt	0	171,514,000	720,000,000	188,328,000
Total Current Liabilities	985,307,000	875,342,000	1,377,925,000	340,587,000
Long Term Debt	10,440,414,000	8,851,755,000	7,059,068,000	1,734,800,000
Total Liabilities	12,033,567,000	10,880,631,000	8,773,980,000	2,099,768,000
Shareholders Equity
Retained Earnings	-5,952,920,000	0	-1,061,293,000	-881,672,000
Total Shareholders Equity	7,500,094,000	8,401,276,000	6,350,446,000	2,869,720,000

Balance sheet annual history for Healthpeak Properties Inc (DOC).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	537,702,000	119,818,000	117,635,000	7,730,000	9,876,000
Short Term Investments	0	0	21,359,000	2,045,000	0
Net Receivables	684,347,000	794,000,000	274,270,000	116,476,000	219,332,000
Inventory	0	0	612,667,000	-12,574,000	0
Total Current Assets	1,073,477,000	986,145,000	561,279,000	124,206,000	241,862,000
Property Plant Equipment	412,198,000	424,173,000	240,155,000	231,225,000	235,483,000
Goodwill and Intangibles	723,045,000	817,254,000	332,156,000	523,335,000	498,221,000
Total Assets	20,336,018,000	19,938,255,000	15,698,850,000	5,096,877,000	5,182,709,000
Liabilities
Account Payables	718,509,000	275,972,000	240,258,000	4,391,000	6,651,000
Short Term Debt	0	171,514,000	720,000,000	188,328,000	267,641,000
Total Current Liabilities	985,307,000	875,342,000	1,377,925,000	340,587,000	379,784,000
Long Term Debt	10,440,414,000	8,851,755,000	7,059,068,000	1,734,800,000	1,749,234,000
Total Liabilities	12,033,567,000	10,880,631,000	8,773,980,000	2,099,768,000	2,188,595,000
Shareholders Equity
Retained Earnings	-5,952,920,000	0	-1,061,293,000	-881,672,000	-776,001,000
Total Shareholders Equity	7,500,094,000	8,401,276,000	6,350,446,000	2,869,720,000	2,836,308,000

Cash flow quarterly history for Healthpeak Properties Inc (DOC).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	101,027,000	267,303,000	334,757,000	110,036,000
Depreciation & Amortization	1,022,118,000	1,057,205,000	749,901,000	189,641,000
Stock Based Compensation	14,410,000	31,766,000	14,480,000	15,672,000
Change in Working Capital	105,745,000	44,775,000	82,945,000	-10,773,000
Operating Cash Flow	1,251,959,000	1,070,497,000	956,242,000	258,400,000
Investing Activities
Capital Expenditure	-133,951,000	0	-113,596,000	-39,869,000
Investments	0	0	-113,596,000	-39,869,000
Investing Cash Flow	-1,034,673,000	-113,799,000	-576,754,000	-38,472,000
Financing Activities
Debt Repayment	1,108,678,000	153,220,000	-378,083,000	-391,094,000
Common Stock Issued/Repurchased	-95,999,000	-190,373,000	-6,246,000	99,278,000
Dividends Paid	-849,095,000	-794,783,000	-657,021,000	-209,417,000
Financing Cash Flow	136,111,000	-941,416,000	-337,788,000	-222,074,000
Summary
Free Cash Flow	1,251,959,000	1,070,497,000	842,646,000	218,531,000
Net Change in Cash	353,397,000	15,282,000	42,189,000	-2,146,000

Cash flow annual history for Healthpeak Properties Inc (DOC).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	101,027,000	267,303,000	334,757,000	110,036,000	86,783,000
Depreciation & Amortization	1,022,118,000	1,057,205,000	749,901,000	189,641,000	157,870,000
Stock Based Compensation	14,410,000	31,766,000	14,480,000	15,672,000	15,032,000
Change in Working Capital	105,745,000	44,775,000	82,945,000	-10,773,000	255,000
Operating Cash Flow	1,251,959,000	1,070,497,000	956,242,000	258,400,000	247,555,000
Investing Activities
Capital Expenditure	-133,951,000	0	-113,596,000	-39,869,000	-32,566,000
Investments	0	0	-113,596,000	-39,869,000	0
Investing Cash Flow	-1,034,673,000	-113,799,000	-576,754,000	-38,472,000	-603,220,000
Financing Activities
Debt Repayment	1,108,678,000	153,220,000	-378,083,000	-391,094,000	-873,868,000
Common Stock Issued/Repurchased	-95,999,000	-190,373,000	-6,246,000	99,278,000	110,687,000
Dividends Paid	-849,095,000	-794,783,000	-657,021,000	-209,417,000	-198,844,000
Financing Cash Flow	136,111,000	-941,416,000	-337,788,000	-222,074,000	363,026,000
Summary
Free Cash Flow	1,251,959,000	1,070,497,000	842,646,000	218,531,000	214,989,000
Net Change in Cash	353,397,000	15,282,000	42,189,000	-2,146,000	7,361,000