HEALTHPEAK PROPERTIES, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.8B | $2.7B | $2.2B | $2.1B | $1.9B |
| Cost of revenue | — | $1.1B | $902.1M | $863.0M | $773.3M |
| Operating expenses | — | — | $902.1M | $863.0M | $773.3M |
| Interest expense | $305.2M | $280.4M | $200.3M | $172.9M | $158.0M |
| Pretax income | $284.3M | $273.2M | $314.9M | $507.1M | $128.4M |
| Income tax expense | $9.3M | $4.3M | -$9.6M | -$4.4M | -$3.3M |
| Net income | $71.3M | $243.1M | $306.0M | $500.4M | $505.5M |
| Balance Sheet | |||||
| Cash and equivalents | $467.5M | $119.8M | $117.6M | $72.0M | $158.3M |
| Total assets | $20.3B | $19.9B | $15.7B | $15.8B | $15.3B |
| Total liabilities | $12.0B | $10.9B | $8.8B | $8.5B | $8.1B |
| Total debt | $10.0B | $8.9B | $6.9B | $6.5B | $6.2B |
| Stockholders' equity | $7.5B | $8.4B | $6.4B | $6.7B | $6.5B |
| Cash Flow Statement | |||||
| Cash from operations | $1.3B | $1.1B | $956.2M | $900.3M | $795.2M |
| Depreciation and amortization | $1.1B | $1.1B | $749.9M | $710.6M | $684.3M |
| Stock-based compensation | $14.4M | $15.5M | $14.5M | $26.5M | $18.2M |
| Capital expenditure | $894.9M | $736.8M | $774.6M | $962.0M | $759.7M |
| Free cash flow | $357.0M | $333.7M | $181.7M | -$61.7M | $35.5M |
| Dividends paid | $849.1M | $794.8M | $657.0M | $648.0M | $650.1M |
| Share repurchases | $97.1M | $190.7M | $6.5M | $67.8M | $12.8M |
| Impairments | $893,000 | $23.0M | $5.6M | $7.0M | $55.9M |
Shares outstanding 689.4M · Free float 15.9%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.