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HR logoHealthcare Realty Trust Incorporated(HR)Earnings, Financials & Key Ratios

HR•NYSE•REIT / Real Estate
$20.24
$7.06B mkt cap·Price updated May 6, 2026
SectorReal EstateIndustryHealthcare REITsSub-IndustryOutpatient medical offices and clinics
AboutHealthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion. The Company provided leasing and property management services to 11.9 million square feet nationwide.Show more
  • Revenue$1.18B-6.9%
  • FFO$318M+1438.2%
  • FFO/Share0.91+1507.5%
  • FFO Payout121.71%-94.5%
  • FFO per Share0.91+1507.5%
  • NOI Margin-33.58%+23.3%
  • FFO Margin26.93%+1552.5%
  • ROE-4.93%+53.9%
  • ROA-2.48%+55.9%
  • Debt/Assets45.03%-3.3%
  • Net Debt/EBITDA6.25-9.0%
  • Book Value/Share13.37-7.9%
Technical→

HR Key Insights

Healthcare Realty Trust Incorporated (HR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓FFO growing 31.3% TTM
  • ✓Healthy dividend yield of 5.5%
  • ✓Share count reduced 4.3% through buybacks
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Dividend exceeds FFO - may not be sustainable
  • ✗Low NOI margin of -33.6%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

HR Price & Volume

Healthcare Realty Trust Incorporated (HR) stock price & volume — 10-year historical chart

Loading chart...

HR Growth Metrics

Healthcare Realty Trust Incorporated (HR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years11.34%
5 Years9.94%
3 Years8.17%
TTM-7.36%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM48.2%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM46.75%

Return on Capital

10 Years2.28%
5 Years0.97%
3 Years0.57%
Last Year0.98%

HR Recent Earnings

Healthcare Realty Trust Incorporated (HR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 30, 2026
EPS
$0.41
Est $0.03
+1275.1%
Revenue
$268M
Est $283M
-5.5%
Q1 2026
Feb 12, 2026
EPS
$0.40
Est $0.40
+0.0%
Revenue
$286M
Est $285M
+0.4%
Q4 2025
Oct 30, 2025
EPS
$0.41
Est $0.40
+2.5%
Revenue
$298M
Est $286M
+4.2%
Q3 2025
Jul 31, 2025
EPS
$0.41
Est $0.40
+2.5%
Revenue
$298M
Est $292M
+1.8%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$0.41vs $0.03+1275.1%
$268Mvs $283M-5.5%
Q1 2026Feb 12, 2026
$0.40vs $0.40+0.0%
$286Mvs $285M+0.4%
Q4 2025Oct 30, 2025
$0.41vs $0.40+2.5%
$298Mvs $286M+4.2%
Q3 2025Jul 31, 2025
$0.41vs $0.40+2.5%
$298Mvs $292M+1.8%
Based on last 12 quarters of dataView full earnings history →

HR Peer Comparison

Healthcare Realty Trust Incorporated (HR) competitors in Outpatient medical offices and clinics — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
DOC logoDOCHealthpeak Properties, Inc.Direct Competitor13.56B19.501954.52%7.73%2.6%1.26
VTR logoVTRVentas, Inc.Direct Competitor41.18B86.62160.4118.47%4.25%2.08%1.05
WELL logoWELLWelltower Inc.Direct Competitor151.66B216.47155.7335.82%12.31%3.49%0.49
OHI logoOHIOmega Healthcare Investors, Inc.Direct Competitor13.72B46.0723.7513.95%51.02%11.85%0.78
GMRE logoGMREGlobal Medical REIT Inc.Direct Competitor94.26M35.74115.29-1.79%1.69%0.49%1.18
CHCT logoCHCTCommunity Healthcare Trust IncorporatedDirect Competitor500.29M17.51226.234.67%4.95%1.41%1.25
MPW logoMPWMedical Properties Trust, Inc.Product Competitor3.37B5.65-17.12-2.36%-20.44%-4.31%0.03
NHI logoNHINational Health Investors, Inc.Product Competitor3.58B73.8824.4612.93%36.76%9.78%0.76

Compare HR vs Peers

Healthcare Realty Trust Incorporated (HR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DOC

Most directly comparable listed peer for HR.

Scale Benchmark

vs WELL

Larger-name benchmark to compare HR against a more recognizable public peer.

Peer Set

Compare Top 5

vs DOC, VTR, WELL, OHI

HR Income Statement

Healthcare Realty Trust Incorporated (HR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue613.11M695.3M693.63M735.07M534.82M932.64M1.34B1.27B1.18B1.15B
Revenue Growth %33.15%13.4%-0.24%5.97%-27.24%74.38%44.08%-5.62%-6.92%-7.36%
Property Operating Expenses681.24M778.75M890.47M925.23M617.7M1.25B1.96B1.82B1.58B1.26B
Net Operating Income (NOI)
-68.13M▲ 0%
-83.45M▼ 22.5%
-196.84M▼ 135.9%
-190.16M▲ 3.4%
-82.88M▲ 56.4%
-317.56M▼ 283.1%
-618.09M▼ 94.6%
-555.43M▲ 10.1%
-396.46M▲ 28.6%
-111.96M▲ 0%
NOI Margin %-11.11%-12%-28.38%-25.87%-15.5%-34.05%-46%-43.79%-33.58%-9.74%
Operating Expenses-206.58M-243.43M-246.67M-259.89M-168.56M-396.29M-667.89M-591.84M-491.4M-336.62M
G&A Expenses00000000017.34M
EBITDA383.44M439.61M340.22M373.56M288.39M531.81M780.51M711.56M658.9M766.64M
EBITDA Margin %62.54%63.23%49.05%50.82%53.92%57.02%58.08%56.1%55.81%66.71%
Depreciation & Amortization244.99M279.63M290.38M303.83M202.71M453.08M730.71M675.15M563.97M541.98M
D&A / Revenue %39.96%40.22%41.86%41.33%37.9%48.58%54.38%53.23%47.77%47.16%
Operating Income
138.45M▲ 0%
159.98M▲ 15.5%
49.84M▼ 68.8%
69.73M▲ 39.9%
85.68M▲ 22.9%
78.73M▼ 8.1%
49.81M▼ 36.7%
36.41M▼ 26.9%
94.94M▲ 160.7%
224.66M▲ 0%
Operating Margin %22.58%23.01%7.18%9.49%16.02%8.44%3.71%2.87%8.04%19.55%
Interest Expense84.27M101.56M0052.53M141.93M268.66M255.38M205.48M2M
Interest Coverage1.78x3.14x--2.27x1.29x-0.05x-1.60x-0.21x-
Non-Operating Income-11.39M-159.21M19.08M16.22M-33.51M-103.9M63.23M444.94M138.94M129.67M
Pretax Income
65.58M▲ 0%
217.63M▲ 231.9%
30.76M▼ 85.9%
53.51M▲ 74.0%
66.66M▲ 24.6%
40.69M▼ 39.0%
-282.08M▼ 793.2%
-663.9M▼ 135.4%
-249.49M▲ 62.4%
-202.19M▲ 0%
Pretax Margin %10.7%31.3%4.43%7.28%12.46%4.36%-20.99%-52.35%-21.13%-17.6%
Income Tax0000000000
Effective Tax Rate %0%0%0%0%0%0%0%0%0%0%
Net Income
63.92M▲ 0%
213.46M▲ 234.0%
30.15M▼ 85.9%
52.62M▲ 74.5%
66.66M▲ 26.7%
40.9M▼ 38.6%
-278.26M▼ 780.4%
-654.49M▼ 135.2%
-246.07M▲ 62.4%
-201.25M▲ 0%
Net Margin %10.42%30.7%4.35%7.16%12.46%4.39%-20.71%-51.6%-20.84%-17.51%
Net Income Growth %27.96%233.97%-85.87%74.5%26.68%-38.65%-780.39%-135.21%62.4%48.2%
Funds From Operations (FFO)
308.9M▲ 0%
493.09M▲ 59.6%
320.54M▼ 35.0%
356.45M▲ 11.2%
269.37M▼ 24.4%
493.98M▲ 83.4%
452.45M▼ 8.4%
20.67M▼ 95.4%
317.89M▲ 1438.2%
340.73M▲ 0%
FFO Margin %50.38%70.92%46.21%48.49%50.37%52.97%33.67%1.63%26.93%29.65%
FFO Growth %36.19%59.63%-34.99%11.2%-24.43%83.38%-8.41%-95.43%1438.18%66.73%
FFO per Share1.672.351.531.611.891.951.190.060.910.98
FFO Payout Ratio %46.08%30.47%48.47%45.6%65.14%284.9%104.37%2215.38%121.71%81.62%
EPS (Diluted)
0.35▲ 0%
1.02▲ 191.4%
0.14▼ 86.3%
0.24▲ 71.4%
0.45▲ 87.5%
0.15▼ 66.7%
-0.74▼ 593.3%
-1.81▼ 144.6%
-0.71▲ 60.8%
-0.58▲ 0%
EPS Growth %6.06%191.43%-86.27%71.43%87.5%-66.67%-593.33%-144.59%60.77%46.75%
EPS (Basic)0.351.040.150.240.450.15-0.74-1.81-0.71-
Diluted Shares Outstanding185.28M210.06M209.6M221.67M142.71M253.87M378.93M365.55M349.8M347.44M

HR Balance Sheet

Healthcare Realty Trust Incorporated (HR) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets3.19B3.19B3.56B3.81B4.26B13.85B12.64B10.65B9.21B9.15B
Asset Growth %5.03%-0.07%11.68%6.97%11.72%225.19%-8.75%-15.72%-13.52%-51.97%
Real Estate & Other Assets2.98B3B3.28B3.44B3.8B12.47B11.22B9.35B7.92B0
PP&E (Net)00138.84M125.2M128.39M336.98M275.98M261.44M204.91M277.41M
Investment Securities1000K1000K1000K1000K1000K1000K1000K1000K1000K0
Total Current Assets178.66M163.05M128.49M164.05M156.71M404.93M504.67M525.86M606.12M26.23M
Cash & Equivalents6.21M8.38M657K15.3M13.18M60.96M25.7M68.92M26.17M26.23M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K0
Other Current Assets33.15M9.27M37K20.65M57K18.89M8.83M12.9M143.58M0
Intangible Assets19.6M18.5M3.7M3.8M6.14M81.84M67.76M33.24M20.42M424.5M
Total Liabilities1.4B1.47B1.66B1.86B2.07B6.17B5.71B5.35B4.53B4.65B
Total Debt1.28B1.35B1.52B1.71B1.92B5.7B5.3B4.96B4.15B236.06M
Net Debt1.28B1.34B1.52B1.7B1.91B5.64B5.27B4.89B4.12B209.82M
Long-Term Debt1.09B1.08B1.12B1.6B1.59B5B4.65B4.66B3.79B0
Short-Term Borrowings189M262M293M0210M349.11M349.8M0120M236.06M
Capital Lease Obligations00109.61M111.11M118.69M352.83M304.22M296.85M236.05M751.63M
Total Current Liabilities260.09M343M371.66M82.39M341.53M593.58M562.09M223.79M346.23M236.06M
Accounts Payable000017.04M57.35M0000
Deferred Revenue000045.13M87.33M0000
Other Liabilities48.73M47.62M61.5M67.61M22.26M218.67M202.98M161.64M160.53M4.42B
Total Equity
1.79B▲ 0%
1.72B▼ 4.1%
1.9B▲ 10.7%
1.95B▲ 2.5%
2.19B▲ 12.2%
7.68B▲ 251.6%
6.92B▼ 9.9%
5.31B▼ 23.4%
4.68B▼ 11.9%
4.49B▲ 0%
Equity Growth %8.25%-4.09%10.68%2.55%12.15%251.55%-9.88%-23.36%-11.86%-58.11%
Shareholders Equity1.79B1.72B1.9B1.95B2.19B7.57B6.82B5.23B4.62B4.44B
Minority Interest00000110.76M100.12M71.01M59.73M3.34M
Common Stock1.25M1.25M1.35M1.4M1.5M3.81M3.81M3.5M3.52M131.65M
Additional Paid-in Capital3.17B3.18B3.49B3.64B3.97B9.59B9.6B9.12B9.14B0
Retained Earnings1.02B1.09B1.13B1.2B1.27B1.31B1.03B374.31M128.24M0
Preferred Stock0000000000
Return on Assets (ROA)2.05%6.69%0.89%1.43%1.65%0.45%-2.1%-5.62%-2.48%-2.09%
Return on Equity (ROE)3.71%12.18%1.67%2.73%3.23%0.83%-3.81%-10.7%-4.93%-4.28%
Debt / Assets40.2%42.18%42.75%44.96%45.08%41.19%41.93%46.57%45.03%2.58%
Debt / Equity0.72x0.78x0.80x0.88x0.88x0.74x0.77x0.93x0.89x0.89x
Net Debt / EBITDA3.33x3.04x4.48x4.55x6.61x10.61x6.76x6.87x6.25x6.25x
Book Value per Share9.668.179.068.7915.3130.2618.2714.5113.3712.93

HR Cash Flow Statement

Healthcare Realty Trust Incorporated (HR) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations179.77M208.35M213.14M470.09M232.63M272.75M499.82M501.62M457.1M457.1M
Operating CF Growth %18.84%15.9%2.3%120.56%-50.51%17.25%83.25%0.36%-8.88%-1.05%
Operating CF / Revenue %29.32%29.97%30.73%63.95%43.5%29.24%37.2%39.55%38.72%39.78%
Net Income23.09M69.77M39.19M72.19M66.66M40.69M-282.08M-663.9M-246.07M-201.25M
Depreciation & Amortization146.35M167.2M180.87M194.82M206.51M477.78M775.89M722.32M567.32M578.11M
Stock-Based Compensation10.03M10.69M12.28M9.92M10.73M20.35M14.29M31.82M22.39M24.79M
Other Non-Cash Items-4.58M-2.76M-1.46M242.21M-42.74M-233.26M62.62M437.25M145.75M50.67M
Working Capital Changes-6.13M4.88M1.35M-851K-8.53M-32.81M-70.89M-25.86M-32.29M12.89M
Cash from Investing-259.45M-105.03M-418.53M-555.17M-562.47M1.63B349.14M900.92M710.83M704.35M
Acquisitions (Net)-8.7M01.23M-65.66M-89.6M1.06B-3.82M00-694K
Purchase of Investments-2.48B-51.66M-581.36M-268.36M-186.43M00000
Sale of Investments93.02M305.84M5.62M23.85M000000
Other Investing-170.13M-34.22M220.65M-151.02M-185.75M738.04M583.99M1.15B710.83M966.07M
Cash from Financing31.39M-101.16M197.67M99.72M327.72M-1.86B-884.22M-1.36B-1.21B-1.17B
Dividends Paid-142.33M-150.27M-256.12M-275.82M-175.46M-1.41B-472.24M-457.85M-386.92M-362.01M
Common Dividends-142.33M-150.27M-155.36M-162.56M-175.46M-1.41B-472.24M-457.85M-386.92M-278.11M
Debt Issuance (Net)-1000K1000K1000K1000K1000K-1000K-1000K-1000K-1000K-3M
Share Repurchases-1.69M-4.53M-5.1M-1.44M-3.8M-3.19M-2.3M-519.3M-4.01M-103.79M
Other Financing244.55M-6.95M-38.86M245.06M-405K-14.45M-5.65M-6.78M-23.17M54.87M
Net Change in Cash
-48.29M▲ 0%
2.17M▲ 104.5%
-7.72M▼ 456.6%
14.65M▲ 289.6%
-2.13M▼ 114.5%
47.79M▲ 2345.6%
-35.26M▼ 173.8%
43.22M▲ 222.6%
-42.74M▼ 198.9%
361K▲ 0%
Exchange Rate Effect141.81M12.8M0000000-152K
Cash at Beginning54.51M6.21M8.38M657K15.3M13.18M60.96M25.7M68.92M26.17M
Cash at End6.21M8.38M657K15.3M13.18M60.96M25.7M68.92M26.17M26.23M
Free Cash Flow
99.15M▲ 0%
137.55M▲ 38.7%
148.47M▲ 7.9%
376.13M▲ 153.3%
131.94M▼ 64.9%
109.2M▼ 17.2%
268.79M▲ 146.1%
252.64M▼ 6.0%
126.94M▼ 49.8%
201.16M▲ 0%
FCF Growth %24.19%38.72%7.94%153.34%-64.92%-17.23%146.14%-6.01%-49.75%-2.13%
FCF / Revenue %16.17%19.78%21.4%51.17%24.67%11.71%20%19.92%10.75%17.51%

HR Key Ratios

Healthcare Realty Trust Incorporated (HR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
FFO per Share1.672.351.531.611.891.951.190.060.910.98
FFO Payout Ratio46.08%30.47%48.47%45.6%65.14%284.9%104.37%2215.38%121.71%81.62%
NOI Margin-11.11%-12%-28.38%-25.87%-15.5%-34.05%-46%-43.79%-33.58%-9.74%
Net Debt / EBITDA3.33x3.04x4.48x4.55x6.61x10.61x6.76x6.87x6.25x6.25x
Debt / Assets40.2%42.18%42.75%44.96%45.08%41.19%41.93%46.57%45.03%2.58%
Interest Coverage1.78x3.14x--2.27x1.29x-0.05x-1.60x-0.21x-
Book Value / Share9.668.179.068.7915.3130.2618.2714.5113.3712.93
Revenue Growth33.15%13.4%-0.24%5.97%-27.24%74.38%44.08%-5.62%-6.92%-7.36%

HR SEC Filings & Documents

Healthcare Realty Trust Incorporated (HR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 30, 2026·SEC

Material company update

Feb 27, 2026·SEC

Material company update

Feb 23, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 13, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 1, 2026·SEC

FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 1, 2025·SEC

HR Frequently Asked Questions

Healthcare Realty Trust Incorporated (HR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Healthcare Realty Trust Incorporated (HR) reported $1.15B in revenue for fiscal year 2025. This represents a 3571% increase from $31.3M in 1996.

Healthcare Realty Trust Incorporated (HR) saw revenue decline by 6.9% over the past year.

Healthcare Realty Trust Incorporated (HR) reported a net loss of $201.3M for fiscal year 2025.

Dividend & Returns

Yes, Healthcare Realty Trust Incorporated (HR) pays a dividend with a yield of 5.46%. This makes it attractive for income-focused investors.

Healthcare Realty Trust Incorporated (HR) has a return on equity (ROE) of -4.9%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Healthcare Realty Trust Incorporated (HR) generated Funds From Operations (FFO) of $340.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Healthcare Realty Trust Incorporated (HR) offers a 5.46% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

Explore More HR

Healthcare Realty Trust Incorporated (HR) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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