30 years of historical data (1996–2025) · Real Estate · REIT - Healthcare Facilities
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
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 14.2x P/FCF, 64% below the 5-year average of 39.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.5B | $5.9B | $6.2B | $6.5B | $7.3B | $8.8B | $6.6B | $4.4B | $3.5B | $3.8B | $3.3B |
| Enterprise Value | $6.7B | $6.1B | $11.1B | $11.8B | $13.0B | $10.7B | $8.3B | $6.0B | $4.8B | $5.1B | $4.6B |
| P/E Ratio → | -25.99 | — | — | — | — | 611.99 | 341.80 | — | 49.89 | 178.44 | 38.87 |
| P/S Ratio | 5.70 | 5.21 | 4.96 | 4.92 | 7.96 | 16.70 | 13.13 | 9.42 | 7.79 | 8.93 | 8.05 |
| P/B Ratio | 1.38 | 1.27 | 1.17 | 0.94 | 0.95 | 4.01 | 3.37 | 2.33 | 2.04 | 2.11 | 2.00 |
| P/FCF | 14.19 | 12.97 | 24.53 | 24.29 | 67.00 | 66.39 | 17.44 | 29.83 | 25.50 | 38.23 | 41.54 |
| P/OCF | 14.19 | 12.97 | 12.35 | 13.06 | 26.83 | 37.65 | 13.96 | 20.78 | 16.84 | 21.09 | 21.92 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Healthcare Realty Trust Incorporated's enterprise value stands at 5.7x EBITDA, 70% below its 5-year average of 18.7x. The Real Estate sector median is 13.6x, placing the stock at a 58% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.39 | 8.88 | 8.90 | 14.10 | 20.34 | 16.53 | 12.66 | 10.76 | 11.94 | 11.11 |
| EV / EBITDA | 5.68 | 5.21 | 14.61 | 14.22 | 23.12 | 36.51 | 25.56 | 13.61 | 6.96 | 8.20 | 9.83 |
| EV / EBIT | 10.90 | — | — | — | 68.60 | 89.04 | 64.34 | 75.63 | 39.53 | 65.96 | 32.69 |
| EV / FCF | — | 13.43 | 43.88 | 43.91 | 118.69 | 80.84 | 21.96 | 40.09 | 35.23 | 51.12 | 57.31 |
Margins and return-on-capital ratios measuring operating efficiency
Healthcare Realty Trust Incorporated earns an operating margin of 54.0%, significantly above the Real Estate sector average of 22.0%. Operating margins have expanded from 4.1% to 54.0% 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 6.1% represents adequate returns on invested capital.
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 | 60.4% | 60.4% | 62.1% | 62.3% | 62.6% | 59.5% | 60.7% | 61.3% | 62.1% | 63.0% | 64.4% |
| Operating Margin | 54.0% | 54.0% | 2.9% | 4.1% | 9.0% | 16.3% | — | 54.5% | 35.7% | 33.8% | 27.1% |
| Net Profit Margin | -21.6% | -21.6% | -52.4% | -21.0% | 4.5% | 12.7% | 14.4% | 8.3% | 15.5% | 5.4% | 20.8% |
| 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% | 3.8% | 2.2% | 4.0% | 1.3% | 5.9% |
| ROA | -2.5% | -2.5% | -5.6% | -2.1% | 0.5% | 1.7% | 2.0% | 1.2% | 2.2% | 0.7% | 2.9% |
| ROIC | 6.1% | 6.1% | 0.2% | 0.3% | 0.7% | 1.7% | — | 5.9% | 3.9% | 3.6% | 3.0% |
| ROCE | 6.3% | 6.3% | 0.3% | 0.4% | 1.0% | 2.2% | — | 8.1% | 5.3% | 5.0% | 4.1% |
Solvency and debt-coverage ratios — lower is generally safer
Healthcare Realty Trust Incorporated carries a Debt/EBITDA ratio of 0.2x, which is very conservative (97% below the sector average of 6.7x). Net debt stands at $210M ($236M 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 | 0.05 | 0.05 | 0.93 | 0.77 | 0.74 | 0.88 | 0.88 | 0.80 | 0.78 | 0.71 | 0.76 |
| Debt / EBITDA | 0.20 | 0.20 | 6.54 | 6.38 | 10.18 | 6.57 | 5.30 | 3.48 | 1.93 | 2.08 | 2.72 |
| Net Debt / Equity | — | 0.04 | 0.92 | 0.76 | 0.73 | 0.87 | 0.87 | 0.80 | 0.78 | 0.71 | 0.76 |
| Net Debt / EBITDA | 0.18 | 0.18 | 6.44 | 6.35 | 10.07 | 6.53 | 5.26 | 3.48 | 1.92 | 2.07 | 2.70 |
| Debt / FCF | — | 0.46 | 19.36 | 19.62 | 51.68 | 14.45 | 4.52 | 10.26 | 9.72 | 12.89 | 15.77 |
| Interest Coverage | — | — | 0.15 | 0.22 | 0.56 | 1.61 | — | 4.57 | 3.05 | 2.66 | 2.04 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.11x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.90x to 0.11x 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 | 0.11 | 0.11 | 2.35 | 0.90 | 0.68 | 0.46 | 1.99 | 0.35 | 0.22 | 0.69 | 1.05 |
| Quick Ratio | 0.11 | 0.11 | 2.35 | 0.90 | 0.68 | 0.46 | 1.99 | 0.35 | 1.94 | 0.60 | 0.79 |
| Cash Ratio | 0.11 | 0.11 | 0.31 | 0.05 | 0.10 | 0.04 | 0.19 | 0.00 | 0.10 | 0.02 | 0.03 |
| Asset Turnover | — | 0.12 | 0.12 | 0.10 | 0.07 | 0.12 | 0.13 | 0.13 | 0.14 | 0.13 | 0.14 |
| Inventory Turnover | 7.22 | — | — | — | — | — | — | — | — | 7.22 | 3.10 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Healthcare Realty Trust Incorporated returns 6.0% to shareholders annually primarily through 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 | 6.0% | 6.5% | 7.4% | 7.2% | 19.2% | 2.0% | 2.5% | 3.5% | 4.3% | 3.8% | 4.0% |
| Payout Ratio | — | — | — | — | 3441.2% | 263.2% | 225.2% | 396.5% | 215.4% | 616.3% | 154.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 0.2% | 0.3% | — | 2.0% | 0.6% | 2.6% |
| FCF Yield | 7.0% | 7.7% | 4.1% | 4.1% | 1.5% | 1.5% | 5.7% | 3.4% | 3.9% | 2.6% | 2.4% |
| Buyback Yield | 0.0% | 0.0% | 8.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.1% |
| Total Shareholder Yield | 6.0% | 6.5% | 15.8% | 7.3% | 19.3% | 2.0% | 2.5% | 3.6% | 4.4% | 3.8% | 4.0% |
| Shares Outstanding | — | $350M | $366M | $379M | $380M | $277M | $222M | $133M | $123M | $118M | $109M |
Compare HR with 2 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| HRYou | $6B | -26.0 | 5.7 | 14.2 | 60.4% | 54.0% | -4.9% | 6.1% | 0.2 |
| GMRE | $499M | 120.0 | 12.9 | — | 78.9% | 23.6% | 1.1% | 2.0% | 7.4 |
| CHCT | $487M | 220.8 | 8.8 | 8.6 | 80.5% | 59.9% | 1.1% | 5.6% | 4.7 |
| Real Estate Median | — | 23.4 | 13.6 | 13.7 | 60.4% | 22.0% | 3.3% | 2.6% | 6.7 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonHealthcare Realty Trust Incorporated's current P/E ratio is -26.0x. The historical average is 43.5x.
Healthcare Realty Trust Incorporated's current EV/EBITDA is 5.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.3x.
Healthcare Realty Trust Incorporated's return on equity (ROE) is -4.9%. The historical average is 3.7%.
Based on historical data, Healthcare Realty Trust Incorporated is trading at a P/E of -26.0x. Compare with industry peers and growth rates for a complete picture.
Healthcare Realty Trust Incorporated's current dividend yield is 6.00%.
Healthcare Realty Trust Incorporated has 60.4% gross margin and 54.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Healthcare Realty Trust Incorporated's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.