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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Healthpeak Properties, Inc. (DOC) Quarterly Financial Ratios

Last 48 quarters of trend data · Real Estate · REIT - Healthcare Facilities

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Healthpeak Properties, Inc.'s quarterly P/E stands at 24.5x, down 97.0% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 11.1% YoY to 12.9x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →176.8024.51—96.4283.42804.3747.6523.33434.0338.0838.2553.1224.97
—-97.0%—+313.2%-80.8%+2012.5%+24.6%-56.1%+1638.5%-93.9%+333.9%+6.6%-62.2%
P/S Ratio4.353.894.724.405.035.085.724.954.654.894.525.045.72
—-23.4%-17.4%-11.3%+8.2%+3.8%+26.5%-1.7%-18.7%-23.9%-24.9%-25.3%-38.5%
P/B Ratio1.481.351.611.421.601.571.741.461.171.571.431.541.66
—-13.9%-7.1%-2.9%+36.1%+0.0%+21.5%-5.2%-29.4%-15.5%-18.6%-23.2%-36.7%
P/FCF9.8211.5610.598.4012.6512.5012.5810.9018.4711.729.929.2317.28
—-7.5%-15.9%-23.0%-31.5%+6.7%+26.8%+18.0%+6.9%-28.1%-22.8%-32.5%-27.6%
EV / EBITDA13.8412.9314.3913.5114.4014.5415.5714.3014.9014.4614.0314.8416.74
—-11.1%-7.6%-5.6%-3.3%+0.5%+11.0%-3.6%-11.0%-29.3%-19.4%-19.7%-28.3%
EV / EBIT40.7832.8839.9246.7945.7785.7835.8124.5360.6539.4635.7542.6125.73
—-61.7%+11.5%+90.8%-24.5%+117.4%+0.1%-42.4%+135.7%-53.9%+197.9%-8.8%-54.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Healthpeak Properties, Inc.'s operating margin was 20.3% in Q4 2025, up 1.6 pp QoQ and up 2.7 pp YoY. Gross margin contracted 244.6% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin22.5%-87.2%58.6%60.2%61.1%60.3%60.0%60.6%59.8%59.5%58.2%59.3%57.6%
—-244.6%-2.2%-0.7%+2.2%+1.4%+3.1%+2.2%+3.9%+2.6%+0.8%+1.4%-1.5%
Operating Margin19.3%20.3%18.7%18.9%19.2%17.6%16.7%16.0%19.8%21.5%20.8%18.3%18.8%
—+15.4%+11.8%+18.2%-3.1%-18.4%-19.9%-12.7%+5.5%+68.6%+5.8%-2.6%+4.6%
Net Margin2.5%15.8%-16.6%4.6%6.1%0.7%12.3%21.0%1.1%12.8%11.5%9.5%22.6%
—+2332.0%-235.3%-78.3%+453.6%-94.9%+6.2%+120.7%-95.1%+929.5%-83.0%-27.9%+57.5%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE0.8%1.4%-1.4%0.4%0.5%0.0%0.9%1.5%0.1%1.0%0.9%0.7%1.6%
—+2668.2%-250.9%-76.3%+492.2%-95.1%+1.6%+112.3%-95.1%+1022.1%-82.0%-25.9%+62.4%
ROA0.4%0.6%-0.6%0.2%0.2%0.0%0.4%0.7%0.0%0.5%0.4%0.3%0.8%
—+2404.4%-239.0%-77.7%+485.6%-95.0%+4.0%+115.7%-95.1%+992.3%-82.0%-25.5%+61.7%
ROIC2.3%0.6%0.6%0.6%0.6%0.5%0.5%0.5%0.6%0.6%0.6%0.5%0.5%
—+19.3%+15.0%+21.2%+1.4%-20.5%-22.9%-16.4%+4.1%+78.0%+11.9%+0.4%+6.8%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Healthpeak Properties, Inc.'s Debt/EBITDA ratio is 25.6x, up from 23.9x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 8 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity1.261.261.141.091.041.000.960.950.941.020.980.950.92
—+26.2%+18.4%+15.0%+10.0%-2.6%-1.3%-0.4%+2.4%+11.2%+2.5%-0.6%-0.6%
Debt / EBITDA6.5125.5923.9423.5322.7522.7322.4022.5826.6923.0222.8722.7523.96
—+12.6%+6.9%+4.2%-14.8%-1.3%-2.0%-0.8%+11.4%-15.5%-7.2%-4.9%-2.1%
Current Ratio1.091.090.870.661.101.130.600.300.270.410.200.230.20
—-3.3%+46.3%+118.0%+304.8%+176.6%+191.2%+30.7%+37.4%+19.3%-27.4%-23.7%-37.1%
Quick Ratio1.091.090.870.661.101.130.600.300.270.410.200.230.20
—-3.3%+46.3%+118.0%+304.8%+176.6%+191.2%+30.7%+37.4%+19.3%-27.4%-23.7%-37.1%
Interest Coverage1.781.811.721.751.861.741.581.491.982.262.292.042.06
—————————————

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Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is Healthpeak Properties, Inc.'s quarterly P/E ratio trend?

Healthpeak Properties, Inc.'s current P/E is 176.8x. The average P/E over the last 3 quarters is 68.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Healthpeak Properties, Inc.'s margins change by quarter?

Healthpeak Properties, Inc.'s current operating margin is 19.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at DOC quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Healthpeak Properties, Inc.'s business trajectory between earnings reports.

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