Healthcare Realty Trust Incorporated (HR) Financial Ratios
30 years of historical data (1996–2025) · Real Estate · REIT - Healthcare Facilities
EV/EBITDA
↓
16.93
-4% vs avg
5yr avg: 17.61
30Y Low15.1·High67.4
P/FCF
↑
55.40
↑+59% vs avg
5yr avg: 34.91
30Y Low7.1·High110.7
P/B Ratio
↓
1.51
↑+24% vs avg
5yr avg: 1.22
30Y Low0.0·High3.7
ROE
↓
-4.9%
↑-60% vs avg
5yr avg: -3.1%
30Y Low-11%·High12%
Debt/EBITDA
↓
6.29
↓-16% vs avg
5yr avg: 7.49
30Y Low3.1·High44.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Healthcare Realty Trust Incorporated currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 55.4x P/FCF, 59% above the 5-year average of 34.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.0B | $5.9B | $6.2B | $6.5B | $4.9B | $4.5B | $6.6B | $7.0B | $6.0B | $6.0B | $4.3B |
| Enterprise Value | $11.2B | $10.1B | $11.1B | $11.8B | $10.5B | $6.4B | $8.3B | $8.5B | $7.3B | $7.2B | $5.5B |
| P/E Ratio → | -28.39 | — | — | — | 128.47 | 70.31 | 123.33 | 238.36 | 27.88 | 91.77 | 91.88 |
| P/S Ratio | 5.96 | 5.02 | 4.89 | 4.86 | 5.25 | 8.44 | 8.93 | 10.08 | 8.59 | 9.71 | 9.24 |
| P/B Ratio | 1.51 | 1.27 | 1.17 | 0.94 | 0.64 | 2.07 | 3.37 | 3.68 | 3.48 | 3.32 | 2.57 |
| P/FCF | 55.40 | 46.71 | 24.53 | 24.29 | 44.80 | 34.22 | 17.44 | 47.11 | 43.43 | 60.02 | 53.27 |
| P/OCF | 15.39 | 12.97 | 12.35 | 13.06 | 17.94 | 19.41 | 13.96 | 32.82 | 28.67 | 33.10 | 28.11 |
P/E links to full P/E history page with 30-year chart
HR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Healthcare Realty Trust Incorporated's enterprise value stands at 16.9x EBITDA, roughly in line with its 5-year average of 17.6x. This is roughly in line with the Real Estate sector median of 17.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.51 | 8.74 | 8.78 | 11.30 | 12.01 | 11.24 | 12.28 | 10.52 | 11.79 | 11.97 |
| EV / EBITDA | 16.93 | 15.25 | 15.58 | 15.12 | 19.81 | 22.27 | 22.11 | 25.04 | 16.63 | 18.85 | 19.46 |
| EV / EBIT | 117.49 | — | — | — | 57.69 | 53.88 | 154.37 | 276.92 | 22.91 | 48.24 | 50.96 |
| EV / FCF | — | 79.17 | 43.88 | 43.91 | 96.48 | 48.68 | 21.96 | 57.37 | 53.16 | 72.91 | 69.03 |
HR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Healthcare Realty Trust Incorporated earns an operating margin of 8.0%, below the Real Estate sector average of 24.8%. Operating margins have expanded from 3.7% to 8.0% over the past 3 years, signaling improving operational efficiency. A negative ROE of -4.9% indicates the company is currently destroying shareholder equity. ROIC of 0.7% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -33.6% | -33.6% | -43.8% | -46.0% | -34.1% | -15.5% | -25.9% | -28.4% | -12.0% | -11.1% | -7.9% |
| Operating Margin | 8.0% | 8.0% | 2.9% | 3.7% | 8.4% | 16.0% | 9.5% | 7.2% | 23.0% | 22.6% | 23.1% |
| Net Profit Margin | -20.8% | -20.8% | -51.6% | -20.7% | 4.4% | 12.5% | 7.2% | 4.3% | 30.7% | 10.4% | 10.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.9% | -4.9% | -10.7% | -3.8% | 0.8% | 3.2% | 2.7% | 1.7% | 12.2% | 3.7% | 3.4% |
| ROA | -2.5% | -2.5% | -5.6% | -2.1% | 0.5% | 1.7% | 1.4% | 0.9% | 6.7% | 2.1% | 1.7% |
| ROIC | 0.7% | 0.7% | 0.2% | 0.3% | 0.7% | 1.7% | 1.5% | 1.2% | 3.9% | 3.5% | 2.9% |
| ROCE | 1.0% | 1.0% | 0.3% | 0.4% | 0.9% | 2.2% | 2.0% | 1.7% | 5.5% | 4.8% | 3.9% |
HR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Healthcare Realty Trust Incorporated carries a Debt/EBITDA ratio of 6.3x, which is highly leveraged (21% below the sector average of 7.9x). Net debt stands at $4.1B ($4.1B total debt minus $26M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.89 | 0.89 | 0.93 | 0.77 | 0.74 | 0.88 | 0.88 | 0.80 | 0.78 | 0.72 | 0.76 |
| Debt / EBITDA | 6.29 | 6.29 | 6.97 | 6.79 | 10.73 | 6.66 | 4.59 | 4.48 | 3.06 | 3.35 | 4.46 |
| Net Debt / Equity | — | 0.88 | 0.92 | 0.76 | 0.73 | 0.87 | 0.87 | 0.80 | 0.78 | 0.71 | 0.76 |
| Net Debt / EBITDA | 6.25 | 6.25 | 6.87 | 6.76 | 10.61 | 6.61 | 4.55 | 4.48 | 3.04 | 3.33 | 4.45 |
| Debt / FCF | — | 32.47 | 19.36 | 19.62 | 51.68 | 14.45 | 4.52 | 10.26 | 9.72 | 12.89 | 15.77 |
| Interest Coverage | -0.21 | -0.21 | -1.60 | -0.05 | 1.29 | 2.27 | — | — | 3.14 | 1.78 | 1.91 |
HR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.75x means Healthcare Realty Trust Incorporated can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.90x to 1.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.75 | 1.75 | 2.35 | 0.90 | 0.68 | 0.46 | 1.99 | 0.35 | 0.48 | 0.69 | 1.05 |
| Quick Ratio | 1.75 | 1.75 | 2.35 | 0.90 | 0.68 | 0.46 | 1.99 | 0.35 | 0.48 | 0.69 | 1.05 |
| Cash Ratio | 0.08 | 0.08 | 0.31 | 0.05 | 0.10 | 0.04 | 0.19 | 0.00 | 0.02 | 0.02 | 0.03 |
| Asset Turnover | — | 0.13 | 0.12 | 0.11 | 0.07 | 0.13 | 0.19 | 0.19 | 0.22 | 0.19 | 0.15 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
HR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Healthcare Realty Trust Incorporated returns 5.5% to shareholders annually — split between a 5.5% dividend yield and 0.1% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.5% | 6.5% | 7.4% | 7.2% | 28.8% | 3.9% | 2.5% | 2.2% | 2.5% | 2.4% | 3.1% |
| Payout Ratio | — | — | — | — | 3441.2% | 263.2% | 308.9% | 515.2% | 70.4% | 222.7% | 263.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 0.8% | 1.4% | 0.8% | 0.4% | 3.6% | 1.1% | 1.1% |
| FCF Yield | 1.8% | 2.1% | 4.1% | 4.1% | 2.2% | 2.9% | 5.7% | 2.1% | 2.3% | 1.7% | 1.9% |
| Buyback Yield | 0.1% | 0.1% | 8.4% | 0.0% | 0.1% | 0.1% | 0.0% | 0.1% | 0.1% | 0.0% | 0.0% |
| Total Shareholder Yield | 5.5% | 6.6% | 15.8% | 7.3% | 28.8% | 4.0% | 2.5% | 2.3% | 2.6% | 2.4% | 3.1% |
| Shares Outstanding | — | $350M | $366M | $379M | $254M | $143M | $222M | $210M | $210M | $185M | $140M |
Peer Comparison
Compare HR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 HRYou | $7B | -28.4 | 16.9 | 55.4 | -33.6% | 8.0% | -4.9% | 0.7% | 6.3 |
 DOC | $14B | 199.8 | 14.8 | 12.1 | 22.5% | 19.3% | 0.8% | 2.3% | 6.5 |
 VTR | $39B | 153.8 | 23.6 | 30.0 | -5.9% | 14.2% | 2.1% | 2.5% | 6.0 |
 WELL | $148B | 152.1 | 66.0 | 52.0 | 39.2% | 3.3% | 2.5% | 0.5% | 8.6 |
 OHI | $13B | 23.2 | 16.4 | 15.3 | 44.5% | 62.6% | 11.6% | 6.0% | 4.0 |
 GMRE | $94M | 115.3 | 8.3 | — | — | — | -2.2% | — | — |
 CHCT | $500M | 226.1 | 16.2 | 8.9 | 8.7% | 16.7% | 1.1% | 1.6% | 8.4 |
 MPW | $3B | -17.1 | 105.4 | 14.6 | — | — | -4.2% | — | 4.6 |
 NHI | $3B | 23.5 | 16.4 | 15.6 | 36.7% | 51.5% | 9.7% | 5.6% | 4.2 |
 LTC | $2B | 14.5 | 16.4 | 13.7 | 75.1% | 48.2% | 10.7% | 5.1% | 5.1 |
 SBRA | $5B | 28.5 | 15.7 | 13.2 | 65.0% | 34.1% | 5.6% | 3.8% | 5.7 |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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HR — Frequently Asked Questions
Quick answers to the most common questions about buying HR stock.
What is Healthcare Realty Trust Incorporated's P/E ratio?
Healthcare Realty Trust Incorporated's current P/E ratio is -28.4x. The historical average is 53.2x.
What is Healthcare Realty Trust Incorporated's EV/EBITDA?
Healthcare Realty Trust Incorporated's current EV/EBITDA is 16.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.7x.
What is Healthcare Realty Trust Incorporated's ROE?
Healthcare Realty Trust Incorporated's return on equity (ROE) is -4.9%. The historical average is 2.6%.
Is HR stock overvalued?
Based on historical data, Healthcare Realty Trust Incorporated is trading at a P/E of -28.4x. Compare with industry peers and growth rates for a complete picture.
What is Healthcare Realty Trust Incorporated's dividend yield?
Healthcare Realty Trust Incorporated's current dividend yield is 5.49%.
What are Healthcare Realty Trust Incorporated's profit margins?
Healthcare Realty Trust Incorporated has -33.6% gross margin and 8.0% operating margin.
How much debt does Healthcare Realty Trust Incorporated have?
Healthcare Realty Trust Incorporated's Debt/EBITDA ratio is 6.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.