Healthcare Realty Trust Incorporated (HR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HR Revenue Growth
Revenue Breakdown (FY 2025)
HR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
HR Revenue Analysis (2014–2025)
As of May 6, 2026, Healthcare Realty Trust Incorporated (HR) generated trailing twelve-month (TTM) revenue of $1.15 billion, reflecting significant decline in growth of -10.5% year-over-year. The most recent quarter (Q1 2026) recorded $267.6 million in revenue, down 6.5% sequentially.
Looking at the longer-term picture, HR's 5-year compound annual growth rate (CAGR) stands at +9.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $1.34 billion in 2023.
Revenue diversification analysis shows HR's business is primarily driven by Management Fee Income (70%), and Parking Income (30%). With over half of revenue concentrated in Management Fee Income, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including DOC (+2.7% YoY), VTR (+20.7% YoY), and WELL (+38.3% YoY), HR has underperformed the peer group in terms of revenue growth. Compare HR vs DOC →
HR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HRCurrent | $1.1B | -10.5% | +9.9% | 8.0% | |
 DOC | $2.8B | +2.7% | +11.4% | 19.3% | |
 VTR | $5.8B | +20.7% | +9.0% | 14.2% | |
 WELL | $10.7B | +38.3% | +18.4% | 3.3% | |
 OHI | $1.2B | +14.2% | +6.1% | 62.6% | |
 GMRE | $138M | +8.5% | +14.4% | 23.6% |
HR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.18B | -6.9% | $-396,461,000 | -33.6% | $94.9M | 8.0% |
| 2024 | $1.27B | -5.6% | $-555,432,000 | -43.8% | $36.4M | 2.9% |
| 2023 | $1.34B | +44.1% | $-618,086,000 | -46.0% | $49.8M | 3.7% |
| 2022 | $932.6M | +74.4% | $-317,565,000 | -34.1% | $78.7M | 8.4% |
| 2021 | $534.8M | -27.2% | $-82,884,000 | -15.5% | $85.7M | 16.0% |
| 2020 | $735.1M | +6.0% | $-190,163,000 | -25.9% | $69.7M | 9.5% |
| 2019 | $693.6M | -0.2% | $-196,839,000 | -28.4% | $49.8M | 7.2% |
| 2018 | $695.3M | +13.4% | $-83,451,000 | -12.0% | $160.0M | 23.0% |
| 2017 | $613.1M | +33.1% | $-68,129,000 | -11.1% | $138.5M | 22.6% |
| 2016 | $460.5M | +14.1% | $-36,555,000 | -7.9% | $106.3M | 23.1% |
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Start ComparisonHR — Frequently Asked Questions
Quick answers to the most common questions about buying HR stock.
Is HR's revenue growth accelerating or slowing?
HR revenue declined -10.5% year-over-year, contrasting with the 5-year CAGR of +9.9%. TTM revenue fell to $1.1B. This reverses the prior growth trend.
What is HR's long-term revenue growth rate?
Healthcare Realty Trust Incorporated's 5-year revenue CAGR of +9.9% reflects the variable expansion pattern. Current YoY growth of -10.5% is below this long-term average.
How is HR's revenue distributed by segment?
HR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.