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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›DOC›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

HEALTHPEAK PROPERTIES, INC. (DOC) financials

Income statement

HEALTHPEAK PROPERTIES, INC. (DOC) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$2.13B$524M$144M$144M$436M$471M$495M$527M$568M$604M
Revenue growth—-75.4%-72.5%0.1%202.4%8.0%5.0%6.6%7.8%6.2%
Net income$628M$414M$1.06B$45.5M$414M$506M$500M$306M$243M$71.3M
Net margin29.5%79.0%735.8%31.5%94.7%107.3%101.1%58.0%42.8%11.8%
EPS (diluted)$1.34$0.88$2.24$0.09$0.77$0.93$0.92$0.56$0.36$0.10

Cash flow

HEALTHPEAK PROPERTIES, INC. (DOC) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.21B$847M$849M$846M$758M$795M$900M$956M$1.07B$1.25B
Capital expenditures$459M$472M$561M$677M$789M$760M$962M$775M$737M$895M
Free cash flow$755M$375M$288M$169M-$30.5M$35.5M-$61.7M$182M$334M$357M
Share buybacks$8.69M$4.79M$3.43M$5.04M$10.5M$12.8M$67.8M$6.52M$191M$97.1M
Dividends paid$980M$695M$697M$720M$787M$650M$648M$657M$795M$849M

Balance sheet

HEALTHPEAK PROPERTIES, INC. (DOC) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$94.7M$55.3M$54.0M$80.4M$44.2M$158M$72.0M$118M$120M$467M
Total assets$15.8B$14.1B$12.7B$14.0B$15.9B$15.3B$15.8B$15.7B$19.9B$20.3B
Total liabilities$9.82B$8.49B$6.21B$7.37B$8.57B$8.11B$8.48B$8.77B$10.9B$12.0B
Long-term debt$9.10B$7.79B$5.48B$6.30B$6.62B$6.17B$6.50B$6.88B$8.72B$9.85B
Shareholders' equity$5.55B$5.30B$5.94B$6.09B$6.73B$6.52B$6.65B$6.35B$8.40B$7.50B
Shares (wtd avg diluted)467M469M475M489M531M539M539M547M676M696M

Every figure is extracted from HEALTHPEAK PROPERTIES, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is HEALTHPEAK PROPERTIES, INC.'s annual revenue?
HEALTHPEAK PROPERTIES, INC. (DOC) reported $604M of revenue for fiscal year 2025 — up 6.2% from $568M in FY2024, per its annual report filed with the SEC.
Is HEALTHPEAK PROPERTIES, INC. profitable?
Yes — DOC earned $71.3M of net income in FY2025, a 11.8% net margin, per SEC filings.
What is HEALTHPEAK PROPERTIES, INC.'s free cash flow?
$357M in FY2025 (operating cash flow $1.25B minus $895M of capital expenditures), from the SEC cash-flow statement.
Does DOC pay a dividend?
Yes — HEALTHPEAK PROPERTIES, INC. paid $849M in cash dividends during FY2025, per its SEC cash-flow statement.
Full DOC analysis — verdict, score & filings →Is DOC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.