DOC vs HR

For growth investors, Healthpeak Properties, Inc.

(DOC) is the stronger pick with 4. 5% revenue growth year-over-year, versus -6. 9% for Healthcare Realty Trust Incorporated (HR). Healthpeak Properties, Inc. (DOC) offers the better valuation at 165. 1x trailing P/E (84. 8x forward), making it the more compelling value choice. Analysts rate Healthpeak Properties, Inc. (DOC) a "Buy" — based on 40 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, Healthcare Realty Trust Incorporated (HR) delivered a total return of +3.

4%, compared to -23. 9% for Healthpeak Properties, Inc. (DOC). Over 10 years, the gap is even starker: HR returned +42. 2% versus DOC's +9. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Healthcare Realty Trust Incorporated (HR) is the lower-risk stock at 0.

13β versus Healthpeak Properties, Inc. 's 0. 52β — meaning DOC is approximately 288% more volatile than HR relative to the S&P 500. On balance sheet safety, Healthcare Realty Trust Incorporated (HR) carries a lower debt/equity ratio of 89% versus 126% for Healthpeak Properties, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Healthpeak Properties, Inc.

(DOC) is pulling ahead at 4. 5% versus -6. 9% for Healthcare Realty Trust Incorporated (HR). On earnings-per-share growth, the picture is similar: Healthcare Realty Trust Incorporated grew EPS 60. 8% year-over-year, compared to -72. 2% for Healthpeak Properties, Inc.. Over a 3-year CAGR, DOC leads at 11. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Healthpeak Properties, Inc.

(DOC) is the more profitable company, earning 2. 5% net margin versus -20. 8% for Healthcare Realty Trust Incorporated — meaning it keeps 2. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DOC leads at 19. 3% versus 8. 0% for HR. At the gross margin level — before operating expenses — DOC leads at 22. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

Analyst consensus price targets imply the most upside for DOC: 8.

2% to $17. 86.

All stocks in this comparison pay dividends.

Healthpeak Properties, Inc. (DOC) offers the highest yield at 7. 4%, versus 5. 6% for Healthcare Realty Trust Incorporated (HR).

For long-horizon retirement investors, Healthcare Realty Trust Incorporated (HR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

13), 5. 6% yield). Both have compounded well over 10 years (HR: +42. 2%, DOC: +9. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.