Healthpeak Properties Inc
Healthpeak Properties Inc (DOC) is listed on NYSE and classified in REIT - Healthcare Facilities, part of the Real Estate sector. It is headquartered in Denver, United States and has 411 employees. The company is worth $13.71B and trades at 55.3x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $2.82B in fiscal 2025, up 4.5% from the year before. Net income was $71.35M. The share price is 15.7% below its 52-week high of $22.95. It pays a dividend yielding 6.31%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $122.63M. In that quarter, 3 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -42.2% over 5Y.
today you would have $710.52▼ -28.9%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $16.08 | $20.27 | $19.80 | $25.07 | $36.09 | $30.23 | $34.47 | $27.93 | $26.08 | $29.72 | $34.83 | $40.10 | $33.08 | $41.13 | $37.73 | $33.51 | $27.81 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 6.3% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 29.6 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| NLYAnnaly Capital Management Inc | $18.34 | 12.7x | 1.0x | 16.36% | 7.35% | $13.82B |
| REGRegency Centers Corp | $74.38 | 24.3x | 2.0x | 4.06% | 8.19% | $13.91B |
| UDRUDR, Inc. | $36.18 | 22.2x | 4.0x | 4.81% | 13.74% | $13.29B |
| WYWeyerhaeuser Co | $19.82 |
| $25.29 |
| $31.68 |
| P/E | 29.6x | 160.8x | 56.3x | 35.4x | 27.2x | 38.8x | 39.3x | 383.0x | 12.5x | 29.6x | 22.2x | — | 20.1x | 17.1x | 23.8x | 32.1x | 36.8x | 76.3x | 15.5x | 12.9x |
| P/S | 7.9x | 4.0x | 5.3x | 5.0x | 6.7x | 10.3x | 9.9x | 14.0x | 11.2x | 6.6x | 6.5x | 9.2x | 12.4x | 7.9x | 10.9x | 10.0x | 11.0x | 7.8x | 6.2x | 7.6x |
| P/B | 1.9x | 1.5x | 1.7x | 1.7x | 2.1x | 3.0x | 2.4x | 2.9x | 2.2x | 2.3x | 2.5x | 1.9x | 1.9x | 1.5x | 1.9x | 1.9x | 1.7x | 1.6x | 1.4x | 1.6x |
| EPS | $0.10 | $0.36 | $0.56 | $0.92 | $0.93 | $0.77 | $0.09 | $2.24 | $0.88 | $1.34 | -$1.21 | $2.00 | $1.94 | $1.73 | $1.17 | $0.91 | $0.36 | $1.63 | $2.46 |
| Dividend yield | 5.30% | 7.61% | 5.92% | 6.06% | 4.79% | 3.33% | 4.90% | 4.29% | 5.30% | 5.67% | 6.53% | 5.91% | 4.95% | 5.78% | 4.43% | 4.63% | 5.06% | 6.02% | 6.55% | 5.12% |
| Payout | 146.85% | 1223.00% | 333.33% | 214.29% | 130.43% | 129.03% | 192.21% | 1644.44% | 66.07% | 168.18% | 144.85% | — | 99.27% | 98.59% | 105.26% | 148.84% | 186.00% | 460.00% | 101.68% | 65.93% |
| Profit margin | 26.66% | 2.53% | 9.00% | 14.03% | 24.28% | 26.66% | 25.14% | 3.67% | 89.07% | 22.41% | 29.48% | -28.82% | 56.34% | 46.23% | 44.28% | 31.80% | 26.67% | 11.48% | 39.17% | 64.39% |
| ROE | 7.52% | 0.95% | 2.89% | 4.82% | 7.52% | 7.76% | 6.14% | 0.75% | 17.85% | 7.81% | 11.32% | -5.99% | 8.59% | 9.05% | 7.89% | 5.97% | 4.16% | 2.28% | 8.62% | 13.82% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.3% a year against a 8.9% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
-44.0% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 30.5x |
| 1.5x |
| 4.24% |
| 4.97% |
| $14.28B |
| CSGPCostar Group Inc | $35.45 | 186.6x | 1.8x | 0.00% | 0.89% | $14.36B |
| AMHAmerican Homes 4 Rent | $31.90 | 24.5x | 1.7x | 4.14% | 7.08% | $13.08B |