Healthpeak Properties, Inc.DOC

NYSEReal EstateReal Estate Investment Trusts
Price (close)
$20.31
Market cap
$14.0B
P/E
57.6x
Revenue (TTM)
$2.9B
Net income
$243.3M
Dividend yield
6.03%
1-year total return
17.1%
Net margin
8.2%
Revenue growth
5.5%
Debt / equity
1.28x

What Healthpeak Properties, Inc. does.

Healthpeak Properties, Inc. is a Standard & Poor’s (“S&P”) 500 company that owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery in the United States (“U.S.”). Our company was originally founded in 1985. We are organized as an umbrella partnership REIT (“UPREIT”). We hold substantially all of 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 senior housing real estate. Under the outpatient medical and lab segments, we own, operate, and develop outpatient medical buildings, hospitals, and lab buildings. Under the senior housing segment, our properties are operated through RIDEA structures. We have other non-reportable segments that are comprised primarily of: (i) loans receivable, (ii) a preferred equity investment, and (iii) three other properties . These non-reportable segments have been p resented on a combined basis herein.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.6B$1.9B$2.1B$2.2B$2.7B$2.8B
Net income$413.6M$505.5M$500.4M$306.0M$243.1M$71.3M
Free cash flow-$30.5M$35.5M-$61.7M$181.7M$333.7M$357.0M

More on DOC.

Figures from Healthpeak Properties, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.