Financials Healthpeak Properties, Inc.

Stocks

DOC

US42250P1030

Specialized REITs

Market Closed - NYSE Other stock markets 21:00:02 14/07/2026 BST			After hours 01:00:00
21.66 ^USD	-0.32%		20.72	-4.36%

07-09	Healthpeak Properties Declares Monthly Common Stock Cash Dividends for the Third Quarter of 2026, Payable on July 31, 2026, August 28, 2026 and September 25, 2026	CI
07-09	Healthpeak Properties Keeps Monthly Dividend at $0.10167 per Share, Payable July 31 to Holders of Record July 20	MT

Projected Income Statement: Healthpeak Properties, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,858	2,038	2,159	2,656	2,761	2,869	2,965	3,013
Change	-	9.66%	5.95%	22.99%	3.96%	3.94%	3.34%	1.6%
EBITDA ¹	986.8	954.1	1,162	1,484	1,541	1,643	1,666	1,797
Change	-	-3.32%	21.79%	27.68%	3.88%	6.62%	1.38%	7.84%
EBIT ¹	302.5	333.3	412.1	426.4	482.4	509.1	496.3	566.3
Change	-	10.16%	23.66%	3.47%	13.11%	5.55%	-2.51%	14.09%
Interest Paid ¹	-158	-172.9	-200.3	-280.4	-305.2	-349.7	-380.5	-428.3
Earnings before Tax (EBT) ¹	128.4	-	314.9	273.2	284.3	255.1	135	187.7
Change	-	-	-	-13.26%	4.07%	-10.27%	-47.07%	39%
Net income ¹	502.3	497.8	304.3	242.4	70.51	224.3	100.6	146
Change	-	-0.89%	-38.87%	-20.34%	-70.91%	218.1%	-55.17%	45.13%
Announcement Date	08/02/22	07/02/23	08/02/24	03/02/25	02/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	460.1	474.7	477.3	492.9	512.4	514.4	518.1	519.5	540.2	550.9	548.7	600.8	687.7	686.1	681.1	687.1	678.5	690.3	704.8	738.8	725.2	729.6	739.4	758.4	741.6	747.1	767.9	-
Change	-	3.17%	0.54%	3.26%	3.97%	0.39%	0.71%	0.27%	3.97%	1.99%	-0.4%	9.5%	14.46%	-0.23%	-0.73%	0.88%	-1.24%	1.74%	2.09%	4.82%	-1.84%	0.61%	1.34%	2.57%	-2.22%	0.74%	2.79%	-
EBITDA ¹	262	256.1	252	261.8	272.6	275.6	220.2	271.9	292.4	295.1	302.7	333.8	387.1	382.6	380.1	387.8	381.6	378.5	393.3	390.3	401.6	398.6	404.2	410.2	416.4	419.8	428.7	445
Change	-	-2.28%	-1.58%	3.88%	4.13%	1.11%	-20.12%	23.48%	7.54%	0.92%	2.6%	10.26%	15.98%	-1.17%	-0.64%	2.02%	-1.6%	-0.81%	3.91%	-0.75%	2.89%	-0.74%	1.39%	1.48%	1.53%	0.82%	2.11%	3.8%
EBIT ¹	-	-	73.9	84.07	92.12	96.5	60.6	92.66	94.8	110.5	114.2	114.6	103.6	102.6	105.7	119.3	115.7	116.2	131.2	100.6	118.9	120.1	124.5	129.2	147.9	153	155	166.4
Change	-	-	-	13.76%	9.59%	4.74%	-37.2%	52.9%	2.32%	16.55%	3.33%	0.34%	-9.54%	-1.01%	3.01%	12.86%	-3%	0.45%	12.92%	-23.33%	18.15%	1.03%	3.7%	3.74%	14.52%	3.39%	1.35%	7.34%
Charge d'intérêts ¹	-38.68	-35.9	-36.55	-37.59	-41.87	-44.08	-49.41	-47.96	-49.07	-50.51	-52.78	-60.91	-74.91	-74.1	-70.51	-72.69	-75.06	-76.78	-80.64	-87.29	-87.2	-85.46	-85.01	-90.94	-94.96	-97.22	-100.2	-108.4
Earnings before Tax (EBT) ¹	166.4	-	-	-	-	-	-	133	54.61	67.34	-	22.5	155.4	98.51	-3.234	54.29	39.65	65.24	125.1	195.6	19.01	16.82	22.33	29.09	33.15	32.99	39.79	46.43
Change	-	-	-	-	-	-	-	-	-58.94%	23.32%	-	-	590.67%	-36.61%	-103.28%	1,778.76%	-26.96%	64.52%	91.78%	56.38%	-90.29%	-11.51%	32.73%	30.29%	13.96%	-0.48%	20.61%	16.69%
Net income ¹	276	54.44	28.49	69.64	68.06	353.4	6.388	117.7	51.75	64.05	70.79	6.477	145.8	85.68	4.4	42.36	31.56	-117.3	113.8	193.5	20.17	17.77	19.08	24.37	34.14	33.24	29.75	47.82
Change	-	-80.27%	-47.66%	144.4%	-2.27%	419.22%	-98.19%	1,742.49%	-56.03%	23.76%	10.52%	-90.85%	2,151.55%	-41.25%	-94.86%	862.82%	-25.51%	-471.56%	197.09%	69.95%	-89.58%	-11.9%	7.37%	27.76%	40.07%	-2.64%	-10.5%	60.72%
Announcement Date	03/08/21	02/11/21	08/02/22	03/05/22	02/08/22	01/11/22	07/02/23	27/04/23	27/07/23	30/10/23	08/02/24	25/04/24	25/07/24	24/10/24	03/02/25	24/04/25	24/07/25	23/10/25	02/02/26	05/05/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Healthpeak Properties, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	6,012	6,426	6,707	8,367	9,135	9,105	9,446	9,601
Change	-	6.89%	4.37%	24.75%	9.18%	-0.32%	3.75%	1.64%
Announcement Date	08/02/22	07/02/23	08/02/24	03/02/25	02/02/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Healthpeak Properties, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	722	970.1	844.8	713.3	897.6	483.9	372.7	485.1
Change	-	34.36%	-12.92%	-15.57%	25.84%	-46.09%	-22.99%	30.17%
Free Cash Flow (FCF) ¹	73.21	-	-	357.2	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	08/02/22	07/02/23	08/02/24	03/02/25	02/02/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Healthpeak Properties, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	53.1%	46.82%	53.82%	55.87%	55.83%	57.27%	56.18%	59.63%
EBIT Margin (%)	16.28%	16.35%	19.09%	16.06%	17.47%	17.74%	16.74%	18.79%
EBT Margin (%)	6.91%	-	14.59%	10.29%	10.3%	8.89%	4.55%	6.23%
Net margin (%)	27.03%	24.43%	14.09%	9.13%	2.55%	7.82%	3.39%	4.84%
FCF margin (%)	3.94%	-	-	13.45%	-	-	-	-
FCF / Net Income (%)	14.58%	-	-	147.38%	-	-	-	-
Profitability
ROA	3.22%	3.21%	1.93%	1.36%	0.35%	0.76%	0.49%	0.2%
ROE	2.67%	7.56%	4.68%	2.98%	0.89%	2.39%	1.63%	2.44%
Financial Health
Leverage (Debt/EBITDA)	6.09x	6.73x	5.77x	5.64x	5.93x	5.54x	5.67x	5.34x
Debt / Free cash flow	82.11x	-	-	23.42x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	38.85%	47.61%	39.13%	26.86%	32.51%	16.86%	12.57%	16.1%
CAPEX / EBITDA (%)	73.17%	101.68%	72.7%	48.08%	58.24%	29.45%	22.37%	27%
CAPEX / FCF (%)	986.21%	-	-	199.68%	-	-	-	-
Items per share
Cash flow per share ¹	1.475	1.67	1.747	1.583	1.762	1.836	1.892	-
Change	-	13.23%	4.64%	-9.4%	11.31%	4.21%	3.03%	-
Dividend per Share ¹	1.2	1.2	1.2	1.2	1.22	1.228	1.25	1.256
Change	-	0%	0%	0%	1.67%	0.68%	1.75%	0.48%
Book Value Per Share ¹	12.09	12.17	11.61	12.01	10.79	10.83	9.531	7.78
Change	-	0.73%	-4.66%	3.48%	-10.16%	0.38%	-12.01%	-18.37%
EPS ¹	0.93	0.92	0.56	0.36	0.1	0.3242	0.1816	0.2631
Change	-	-1.08%	-39.13%	-35.71%	-72.22%	224.16%	-43.97%	44.88%
Nbr of stocks (in thousands)	539,072	537,540	547,074	699,443	694,950	689,420	689,420	689,420
Announcement Date	08/02/22	07/02/23	08/02/24	03/02/25	02/02/26	-	-	-