Healthpeak Properties, Inc. (DOC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 752.95M | 719.4M | 705.87M | 694.35M | 702.89M | 697.99M | 700.4M | 695.5M | 606.56M | 553.65M | 556.24M | 545.43M | 525.68M | 524.47M | 520.41M | 517.93M | 498.37M | 483.2M | 481.46M | 476.24M |
| Revenue Growth % | 7.12% | 3.07% | 0.78% | -0.17% | 15.88% | 26.07% | 25.92% | 27.51% | 15.39% | 5.56% | 6.89% | 5.31% | 5.48% | 8.54% | 8.09% | 8.75% | 9.47% | 482.12% | 13.67% | 16.57% |
| Property Operating Expenses | 348.01M | 1.35B | 291.92M | 276.18M | 273.14M | 277.03M | 280.28M | 273.83M | 243.73M | 224.4M | 232.73M | 221.84M | 223.09M | 220.49M | 220.21M | 215.04M | 207.25M | 199.25M | 202.14M | 190.13M |
| Net Operating Income (NOI) | 404.94M | -627.32M | 413.95M | 418.17M | 429.75M | 420.96M | 420.12M | 421.68M | 362.83M | 329.25M | 323.51M | 323.59M | 302.59M | 303.98M | 300.2M | 302.89M | 291.13M | 283.96M | 279.33M | 286.11M |
| NOI Margin % | 53.78% | -87.2% | 58.64% | 60.22% | 61.14% | 60.31% | 59.98% | 60.63% | 59.82% | 59.47% | 58.16% | 59.33% | 57.56% | 57.96% | 57.69% | 58.48% | 58.42% | 58.77% | 58.02% | 60.08% |
| Operating Expenses | 399.34M | -773.15M | 282.22M | 286.68M | 294.66M | 298.4M | 303.24M | 310.22M | 242.52M | 210.1M | 207.65M | 223.51M | 203.77M | 237.03M | 197.74M | 205.27M | 201.56M | 204.16M | 200.44M | 195.55M |
| G&A Expenses | 24.59M | 23.63M | 19.91M | 20.76M | 26.12M | 23.93M | 23.22M | 26.72M | 23.3M | 21.56M | 23.09M | 25.94M | 24.55M | 57.87M | 24.55M | 24.78M | 23.83M | 26.04M | 23.27M | 24.09M |
| EBITDA | 406.77M | 407.92M | 394.04M | 397.4M | 403.63M | 397.03M | 396.9M | 394.96M | 339.53M | 307.69M | 300.42M | 297.66M | 278.04M | 246.1M | 275.65M | 278.11M | 267.29M | 257.92M | 256.06M | 262.02M |
| EBITDA Margin % | 54.02% | 56.7% | 55.82% | 57.23% | 57.42% | 56.88% | 56.67% | 56.79% | 55.98% | 55.58% | 54.01% | 54.57% | 52.89% | 46.92% | 52.97% | 53.7% | 53.63% | 53.38% | 53.18% | 55.02% |
| Depreciation & Amortization | 289.73M | 262.09M | 262.32M | 265.92M | 268.55M | 274.47M | 280.02M | 283.5M | 219.22M | 188.54M | 184.56M | 197.57M | 179.22M | 179.16M | 173.19M | 180.49M | 177.73M | 178.11M | 177.18M | 171.46M |
| D&A / Revenue % | 38.48% | 36.43% | 37.16% | 38.3% | 38.21% | 39.32% | 39.98% | 40.76% | 36.14% | 34.05% | 33.18% | 36.22% | 34.09% | 34.16% | 33.28% | 34.85% | 35.66% | 36.86% | 36.8% | 36% |
| Operating Income | 117.04M | 145.84M | 131.73M | 131.49M | 135.08M | 122.56M | 116.88M | 111.46M | 120.31M | 119.15M | 115.86M | 100.08M | 98.82M | 66.95M | 102.46M | 97.62M | 89.56M | 79.8M | 78.88M | 90.56M |
| Operating Margin % | 15.54% | 20.27% | 18.66% | 18.94% | 19.22% | 17.56% | 16.69% | 16.03% | 19.84% | 21.52% | 20.83% | 18.35% | 18.8% | 12.76% | 19.69% | 18.85% | 17.97% | 16.51% | 16.38% | 19.02% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 3.29x | 1.99x | 1.85x | 1.53x | 1.75x | 0.95x | 2.33x | 3.07x | 1.37x | 2.14x | 2.33x | 2.11x | 3.77x | 1.19x | 9.07x | 2.63x | 2.96x | 1.70x | 2.62x | 5.30x |
| Non-Operating Income | -170.16M | -14.57M | -10.29M | 16.77M | 8.1M | 55.29M | -55.73M | -118.84M | 36.91M | 6.37M | -2M | -3.6M | -82.14M | 8.1M | -297.39M | -12.45M | -21.74M | 17.75M | -15.35M | -114.56M |
| Pretax Income | 199.91M | 127.82M | -111.05M | 41.4M | 52.14M | -3.34M | 94.68M | 155.44M | 22.5M | 63.55M | 69.44M | 57.34M | 134.81M | 9.28M | 355.45M | 68.58M | 75.8M | 27.09M | 60.66M | 167.3M |
| Pretax Margin % | 26.55% | 17.77% | -15.73% | 5.96% | 7.42% | -0.48% | 13.52% | 22.35% | 3.71% | 11.48% | 12.48% | 10.51% | 25.64% | 1.77% | 68.3% | 13.24% | 15.21% | 5.61% | 12.6% | 35.13% |
| Income Tax | 254K | 6.03M | -1.21M | 2.38M | 2.08M | -14.01M | 1.94M | 2.73M | 11.32M | -11.84M | 787K | 1.14M | 302K | -650K | -3.83M | -718K | 777K | -1.86M | -649K | -763K |
| Effective Tax Rate % | 0.13% | 4.72% | 1.09% | 5.75% | 3.99% | 419.33% | 2.05% | 1.75% | 50.32% | -18.63% | 1.13% | 1.98% | 0.22% | -7.01% | -1.08% | -1.05% | 1.03% | -6.86% | -1.07% | -0.46% |
| Net Income | 193.63M | 113.97M | -117.12M | 31.67M | 42.83M | 4.55M | 85.87M | 146.05M | 6.68M | 70.94M | 64.21M | 51.9M | 118.95M | 6.53M | 353.97M | 68.34M | 71.61M | 28.76M | 54.71M | 276.28M |
| Net Margin % | 25.72% | 15.84% | -16.59% | 4.56% | 6.09% | 0.65% | 12.26% | 21% | 1.1% | 12.81% | 11.54% | 9.52% | 22.63% | 1.24% | 68.02% | 13.19% | 14.37% | 5.95% | 11.36% | 58.01% |
| Net Income Growth % | 352.12% | 2406.44% | -236.39% | -78.31% | 541.52% | -93.59% | 33.73% | 181.41% | -94.39% | 986.76% | -81.86% | -24.06% | 66.1% | -77.3% | 546.98% | -75.26% | -50.88% | -80.35% | 186.27% | 436.4% |
| Funds From Operations (FFO) | 483.37M | 376.05M | 145.19M | 297.59M | 311.37M | 279.02M | 365.89M | 429.55M | 225.9M | 259.49M | 248.77M | 249.47M | 298.18M | 185.69M | 527.16M | 248.83M | 249.35M | 206.88M | 231.89M | 447.74M |
| FFO Margin % | 64.2% | 52.27% | 20.57% | 42.86% | 44.3% | 39.97% | 52.24% | 61.76% | 37.24% | 46.87% | 44.72% | 45.74% | 56.72% | 35.4% | 101.3% | 48.04% | 50.03% | 42.81% | 48.16% | 94.02% |
| FFO Growth % | 55.24% | 34.78% | -60.32% | -30.72% | 37.84% | 7.53% | 47.08% | 72.18% | -24.24% | 39.75% | -52.81% | 0.26% | 19.58% | -10.24% | 127.34% | -44.43% | -17.8% | -31.53% | 110.4% | 94.67% |
| FFO per Share | 0.70 | 0.54 | 0.21 | 0.43 | 0.45 | 0.40 | 0.52 | 0.61 | 0.38 | 0.47 | 0.45 | 0.46 | 0.55 | 0.34 | 0.97 | 0.46 | 0.46 | 0.38 | 0.43 | 0.82 |
| FFO Payout Ratio % | 0% | 56.34% | 145.92% | 71.2% | 68.56% | 75.2% | 57.35% | 49.11% | 72.69% | 63.23% | 65.93% | 65.72% | 55.33% | 86.75% | 30.67% | 65.04% | 65.55% | 78.31% | 69.86% | 36.18% |
| EPS (Diluted) | 0.28 | 0.16 | -0.17 | 0.05 | 0.06 | 0.01 | 0.12 | 0.21 | 0.01 | 0.13 | 0.12 | 0.09 | 0.22 | 0.01 | 0.65 | 0.13 | 0.13 | 0.05 | 0.10 | 0.51 |
| EPS Growth % | 362.05% | - | -241.67% | -78.38% | 461.11% | -95.15% | 0% | 121.99% | -95.09% | 1200% | -81.54% | -27.23% | 69.23% | -78.31% | 550% | -74.51% | -51.85% | -82.93% | 183.33% | 454.35% |
| EPS (Basic) | 0.28 | 0.16 | -0.17 | 0.05 | 0.06 | 0.01 | 0.12 | 0.21 | 0.01 | 0.13 | 0.12 | 0.09 | 0.22 | 0.01 | 0.66 | 0.13 | 0.13 | 0.05 | 0.10 | 0.51 |
| Diluted Shares Outstanding | 695.17M | 696.04M | 696.38M | 697.15M | 699.12M | 699.6M | 700.15M | 703.27M | 601.19M | 547.36M | 547.33M | 547.29M | 547.11M | 538.4M | 546.01M | 539.82M | 539.59M | 539.5M | 539.39M | 544.69M |