HEALTHPEAK PROPERTIES, INC.

10-K & 10-Q Filings

Healthpeak Properties, Inc. is a self-administered REIT that acquires, develops, owns, leases, and manages healthcare real estate across the United States. The company was founded in 1985 and conducts its operations through the subsidiary, Healthpeak OP, LLC. Healthpeak's strategy is to invest in and manage real estate focused on healthcare discovery and delivery. Its portfolio consists of high-quality properties in desirable locations, with a focus on lab and outpatient medical buildings. The company maintains a strong investment-grade balance sheet and works with leading healthcare providers and systems to meet their real estate needs. Healthpeak's website is www.healthpeak.com, and its ticker symbol is PEAK on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$1725.39
1900.72
2099.88
2266.28
2544.31
2129.29
1848.38
1846.69
1997.38
1644.88
1896.18
2061.18
2181.00
525.68
606.56
1.97%15.39%Cost of Revenue (-)
$220.17
284.00
298.28
384.60
614.38
738.40
666.25
705.04
879.37
782.54
773.28
862.99
902.06
223.09
243.73
12.47%9.25%Gross Profit (+)
$1505.21
1616.72
1801.60
1881.68
1929.94
1390.89
1182.13
1141.65
1118.01
862.33
1122.90
1198.19
1278.94
302.59
362.83
-1.35%19.91%Selling, General & Administrative (-)
$96.15
79.45
109.23
82.17
96.02
103.61
88.77
96.70
92.97
93.24
98.30
131.03
95.13
24.55
23.30
-0.09%-5.08%Depreciation & Amortization (-)
$356.83
358.25
423.31
460.00
510.79
568.11
534.73
549.50
659.99
553.95
684.29
710.57
749.90
179.22
219.22
6.38%22.31%Non-recurring Operating Expenses (-)
$15.40
7.88
17.14
1431.16
9.82
174.35
66.03
234.68
61.25
25.00
4.85
17.52
2.42
107.22
1.08%4321.44%Operating Expenses (-)
$1012.72
862.71
967.80
999.05
2517.57
1145.94
1105.56
978.58
1213.25
926.77
965.57
1026.40
1057.28
251.95
422.10
0.36%67.54%Costs & Expenses (Total) (-)
$1232.89
1146.70
1266.08
1383.66
3131.94
1884.34
1771.81
1683.61
2092.62
1709.31
1738.85
1889.39
1959.34
475.04
665.83
3.94%40.16%Operating Income/Loss (+)
$492.49
754.02
833.80
882.62
-587.63
244.95
76.57
163.08
-95.24
-64.44
157.34
171.78
221.67
50.64
-59.27
-6.44%-217.04%Non-operating Income/Expense (+)
$59.09
57.23
82.65
10.82
20.78
122.33
333.83
895.14
146.66
282.12
-28.97
335.35
93.27
82.35
81.77
3.88%-0.70%Interest Expense (-)
$419.34
417.13
435.25
439.74
479.60
464.40
307.72
266.34
225.62
218.34
157.98
172.94
200.33
47.96
60.91
-5.97%26.99%Earnings before Tax (+)
$504.83
756.79
852.01
893.44
-566.85
367.28
410.40
1058.21
51.42
217.68
128.37
507.13
314.94
132.99
22.50
-3.86%-83.08%Tax Expense (-)
$-1.25
1.64
-5.82
0.25
-9.01
4.47
-1.33
-17.85
-17.26
-9.42
-3.26
-4.42
-9.62
0.30
13.70
4435.76%Income/Loss (Continuing Operations) (+)
$550.33
812.88
910.63
906.85
-546.42
374.17
422.63
1073.47
68.69
160.51
137.73
513.54
334.76
134.51
8.80
-4.06%-93.46%Income/Loss (Discontinued Operations) (+)
$4.16
33.96
74.37
29.75
265.75
267.75
388.20
2.88
Profit/Loss (+)
$554.49
846.84
985.01
936.59
-546.42
639.93
422.63
1073.47
60.06
428.25
525.93
516.42
334.76
134.51
11.18
-4.12%-91.69%Net Income/Loss (NCI) (-)
$-15.60
-14.30
-14.17
14.36
12.82
12.18
8.46
12.38
14.53
Net Income/Loss (+)
$538.89
832.54
970.84
922.23
-559.24
627.75
414.17
1061.09
45.53
413.56
505.54
500.45
306.01
118.95
6.68
-4.61%-94.39%Preferred & Other Distributions (-)
$-21.13
17.01
Net Income/Loss (Common) (+)
$515.30
812.29
969.10
919.80
-560.55
626.55
413.01
1058.42
43.99
411.15
502.27
497.79
304.28
117.70
6.48
-4.29%-94.50%EPS (Basic)
$1.29
1.90
2.13
2.01
-1.21
1.34
0.88
2.25
0.09
0.77
0.93
0.92
0.56
0.22
0.01
-6.72%-95.45%EPS (Diluted)
$1.29
1.90
2.13
2.00
-1.21
1.34
0.88
2.24
0.09
0.77
0.93
0.92
0.56
0.22
0.01
-6.72%-95.45%Weighted Avg Shares (Basic)
398.45
427.05
455.00
458.43
462.80
467.19
468.76
470.55
486.25
530.55
538.93
538.81
547.01
546.84
600.90
2.68%9.89%Weighted Avg Shares (Diluted)
400.22
428.32
455.70
458.80
462.80
467.40
468.94
475.39
489.33
531.06
539.24
539.15
547.27
547.11
601.19
2.64%9.88%Cash
$75.06
285.52
337.78
232.79
407.12
136.99
82.20
139.85
144.23
44.23
158.29
72.03
117.64
59.23
101.76
3.82%71.80%Receivables
$26.68
34.15
27.49
36.34
48.93
45.12
40.73
48.17
59.42
42.27
48.69
53.44
55.82
57.70
68.57
6.34%18.82%Securities & Long-term Investments
$16223.46
18042.45
10627.25
19074.18
18956.47
11325.83
10731.88
10209.45
11033.06
11315.13
12667.43
13023.48
13028.36
13087.26
16662.99
-1.81%27.32%Property, Plant & Equipment (Net)
$
172.49
192.35
233.94
237.32
240.16
235.59
434.01
84.22%Goodwill & Intangibles
$373.76
552.70
489.84
481.01
614.23
479.81
410.08
305.08
331.69
519.92
519.76
418.06
314.16
391.96
1160.45
-1.44%196.07%Other Assets
$709.51
1000.73
1074.10
1545.62
1423.11
3771.52
2823.56
2016.01
2292.01
3806.19
1629.41
1966.90
1942.72
1770.54
2114.26
8.76%19.41%Assets (Total)
$17408.47
19915.56
20075.87
21369.94
21449.85
15759.26
14088.46
12718.55
14032.89
15920.09
15257.52
15771.23
15698.85
15602.29
20542.04
-0.86%31.66%Accounts Payable
$275.48
293.99
318.43
432.93
436.24
417.36
401.74
582.27
745.83
1537.71
1544.59
1616.56
1562.83
1567.44
1640.87
15.56%4.68%Debt (Non-current)
$7722.62
8693.82
8661.63
9759.77
11069.00
9189.49
7880.47
5567.91
6508.22
6477.87
6169.99
6497.61
6876.30
6453.88
8755.80
-0.96%35.67%Other Liabilities
$189.76
173.96
164.68
180.13
198.29
211.10
211.32
55.79
111.36
559.94
396.84
368.78
334.85
357.34
545.88
4.85%52.76%Liabilities (Total)
$8187.85
9161.78
9144.74
10372.84
11703.53
9817.96
8493.52
6205.96
7365.42
8575.52
8111.41
8482.95
8773.98
8378.65
10942.54
0.58%30.60%AOCI
$-19.58
-14.65
-14.49
-23.89
-30.47
-29.64
-24.02
-4.71
-2.86
-3.69
-3.15
28.13
19.37
18.72
38.54
105.88%Shareholder's Equity
$9220.62
10753.78
10931.13
10997.10
9746.32
5941.31
5594.94
6512.59
6667.47
7344.57
7058.76
7182.60
6876.04
7137.73
9544.65
-2.42%33.72%Liabilities & Equity
$17408.47
19915.56
20075.87
21369.94
21449.85
15759.26
14088.46
12718.55
14032.89
15920.09
15257.52
15771.23
15698.85
15602.29
20542.04
-0.86%31.66%Net Income/Loss
$554.49
846.84
985.01
936.59
-546.42
639.93
422.63
1073.47
60.06
428.25
525.93
516.42
334.76
134.51
11.18
-4.12%-91.69%Depreciation & Amortization
$382.60
374.75
441.85
479.25
531.01
588.12
549.29
562.11
670.85
707.30
693.50
721.45
761.82
182.05
223.74
5.91%22.90%Increase/Decrease in Working Capital
$16.93
-2.98
-54.70
-13.22
52.78
12.16
25.49
-46.31
-21.89
-108.78
-26.39
-118.86
-82.94
35.89
1.75
-95.12%Share-based Compensation
$20.03
23.28
39.98
21.89
26.13
22.88
14.26
16.56
18.16
17.37
18.20
26.46
14.48
3.29
3.37
-2.67%2.40%Adjustments to Reconcile Net Income
$169.67
188.03
163.98
312.03
1768.56
574.21
424.41
-224.76
786.01
330.18
269.32
383.84
621.49
39.41
141.39
11.43%258.72%Net Cash (Operating)
$724.16
1034.87
1148.99
1248.62
1222.14
1214.13
847.04
848.71
846.07
758.43
795.25
900.26
956.24
173.92
152.56
2.34%-12.28%Capital Expenditure
$4421.39
166.99
-290.81
956.44
912.63
252.22
-796.00
-1438.26
1801.50
2395.51
2118.84
1060.91
835.44
224.75
133.67
-12.96%-40.52%Net Cash (Investing)
$-4580.48
-2314.15
-196.65
-1511.88
-1672.01
-410.62
1246.26
1829.28
-1448.78
-1007.70
531.03
-876.34
-576.75
56.34
-97.78
-273.54%Increase/Decrease in Debt
$2731.52
1001.57
1658.92
1095.85
1065.39
-57.09
-1369.46
-2313.11
653.67
63.00
-301.01
324.58
378.08
-41.40
212.14
-15.19%612.43%Increase/Decrease in Equity
$1284.10
2060.72
121.38
67.34
177.74
49.52
23.34
214.22
790.54
1058.35
-7.80
240.26
-6.25
-6.62
-101.90
-1439.76%Dividends Paid
$787.69
865.31
-956.68
1001.56
1046.64
979.54
694.96
696.91
720.12
787.07
650.08
648.05
657.02
164.98
164.20
-1.50%-0.47%Net Cash (Financing)
$2853.13
1493.45
-900.42
144.80
614.09
-1054.27
-2148.46
-2620.54
647.27
246.45
-1288.52
-116.53
-337.30
-239.88
-66.65
72.22%Effect of Exchange Rate
$
0.96
1.72
-1.54
-1.02
0.38
0.19
0.24
-0.15
Increase/Decrease in Cash
$-1003.20
214.17
52.88
-116.75
162.69
-251.77
-54.79
57.64
44.81
-2.97
37.76
-92.61
42.19
-9.61
-11.87
-23.48%Cash (Beginning)
$1036.70
33.51
247.67
300.56
183.81
346.50
136.99
82.20
139.85
184.66
181.69
219.45
126.83
126.83
169.02
-16.06%33.26%Cash (Ending)
$33.51
247.67
300.56
183.81
346.50
94.73
82.20
139.85
184.66
181.69
219.45
126.83
169.02
117.22
157.16
14.44%34.07%NOPAT
$492.49
754.02
833.80
882.62
-587.63
244.95
76.57
163.08
-95.24
-64.44
157.34
171.78
221.67
50.64
-59.27
-6.44%-217.04%Gross Margin %
87.24%
85.06%
85.80%
83.03%
75.85%
65.32%
63.95%
61.82%
55.97%
52.43%
59.22%
58.13%
58.64%
57.56%
59.82%
Operating Margin %
28.54%
39.67%
39.71%
38.95%
-23.10%
11.50%
4.14%
8.83%
-4.77%
-3.92%
8.30%
8.33%
10.16%
9.63%
-9.77%
NOPAT Margin %
28.54%
39.67%
39.71%
38.95%
-23.10%
11.50%
4.14%
8.83%
-4.77%
-3.92%
8.30%
8.33%
10.16%
9.63%
-9.77%
Net Margin %
31.23%
43.80%
46.23%
40.69%
-21.98%
29.48%
22.41%
57.46%
2.28%
25.14%
26.66%
24.28%
14.03%
22.63%
1.10%
ROA
2.83%
3.79%
4.15%
4.13%
-2.74%
1.55%
0.54%
1.28%
-0.68%
-0.40%
1.03%
1.09%
1.41%
0.32%
-0.29%
ROE
5.34%
7.01%
7.63%
8.03%
-6.03%
4.12%
1.37%
2.50%
-1.43%
-0.88%
2.23%
2.39%
3.22%
0.71%
-0.62%
Equity Multiplier
1.89
1.85
1.84
1.94
2.20
2.65
2.52
1.95
2.10
2.17
2.16
2.20
2.28
2.19
2.15
Debt/Equity Ratio
0.84
0.81
0.79
0.89
1.14
1.55
1.41
0.85
0.98
0.88
0.87
0.90
1.00
0.90
0.92
Dividend Payout Ratio %
159.94%
114.76%
-114.74%
113.48%
178.11%
399.89%
907.65%
427.36%
756.11%
1221.42%
413.18%
377.25%
296.40%
325.76%
277.03%
Total Payout
$-3227.93
-2196.98
-2736.98
-161.63
-196.49
987.12
2041.08
2795.80
-724.09
-334.27
958.90
83.20
285.18
212.99
53.96
-74.66%Payout Ratio %
-655.43%
-291.37%
-328.25%
-18.31%
-33.44%
402.98%
2665.77%
1714.42%
-760.27%
-518.74%
609.46%
48.43%
128.66%
420.58%
91.04%