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Healthpeak Properties Inc

Real Estate US DOC

23.045USD
0.61(2.74%)

Last update at 2024-10-23T18:54:00Z

Day Range

22.3923.10
LowHigh

52 Week Range

10.5215.53
LowHigh

Fundamentals

  • Previous Close 22.43
  • Market Cap3247.78M
  • Volume3655384
  • P/E Ratio66.10
  • Dividend Yield6.96%
  • EBITDA320.89M
  • Revenue TTM539.68M
  • Revenue Per Share TTM2.29
  • Gross Profit TTM 354.75M
  • Diluted EPS TTM0.20

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 110.04M 86.78M 68.49M 77.19M 58.32M
Minority interest -5.67000M 2.21M 1.80M 2.15M 1.58M
Net income 37.80M 25.40M 10.20M 9.49M 56.23M
Selling general administrative 40.21M 37.76M 33.76M 33.10M 28.82M
Selling and marketing expenses - - - - -
Gross profit 355.54M 320.29M 309.31M 290.46M 299.93M
Reconciled depreciation 189.64M 157.87M 154.27M 151.29M 163.05M
Ebit 124.89M 123.09M 124.70M 110.90M 112.84M
Ebitda 314.54M 280.96M 274.29M 257.33M 271.23M
Depreciation and amortization 189.64M 157.87M 149.59M 146.44M 158.39M
Non operating income net other 56.59M 22.59M 4.58M 31.28M 11.78M
Operating income 124.89M 123.09M 124.70M 110.90M 112.73M
Other operating expenses 400.95M 333.04M 311.55M 304.35M 309.82M
Interest expense 72.23M 60.14M 57.18M 65.02M 66.18M
Tax provision - - - - -
Interest income 0.79M 1.57M 1.26M 10.90M 11.56M
Net interest income -72.23400M -60.13600M -57.17900M -54.12000M -54.62700M
Extraordinary items - - - - -
Non recurring 72.23M 60.48M 62.05M 65.02M 66.18M
Other items - - - - -
Income tax expense 72.23M 61.38M 58.29M 67.70M 11.78M
Total revenue 526.63M 457.70M 437.50M 415.28M 422.55M
Total operating expenses 229.85M 195.63M 183.35M 179.53M 187.21M
Cost of revenue 171.10M 137.41M 128.20M 124.82M 122.62M
Total other income expense net -14.85900M -36.31100M -56.20900M -33.71300M 11.78M
Discontinued operations - - - - -
Net income from continuing ops 110.04M 64.19M 63.90M 45.91M 46.54M
Net income applicable to common shares 104.37M 83.95M 64.88M 73.27M 54.89M
Preferred stock and other adjustments - 0.01M 1.24M 1.21M 1.34M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 5096.88M 5182.71M 4413.95M 4346.58M 4142.83M
Intangible assets 505.33M 498.22M 406.94M 390.45M 452.38M
Earning assets - - - - -
Other current assets 12.57M 12.65M 10.91M 9.89M 21.55M
Total liab 2099.77M 2188.59M 1670.66M 1837.70M 1670.43M
Total stockholder equity 2869.72M 2836.31M 2641.30M 2408.95M 2379.51M
Deferred long term liab 13.23M 11.63M 9.28M 7.99M 6.22M
Other current liab 147.87M 143.50M 144.04M 127.51M 99.06M
Common stock 2.33M 2.25M 2.10M 1.90M 1.82M
Capital stock 2.33M 2.25M 2.10M 1.90M 1.82M
Retained earnings -881.67200M -776.00100M -658.17100M -529.19400M -428.30700M
Other liab 59.98M 21.57M 6.64M 38.39M 42.67M
Good will - - - - -
Other assets 4169.90M 4486.98M 4004.50M 201.68M 78.87M
Cash 7.73M 9.88M 2.52M 2.35M 19.16M
Cash and equivalents 7.73M 9.88M 2.52M 2.35M 19.16M
Total current liabilities 340.59M 417.79M 563.37M 717.18M 581.38M
Current deferred revenue - - - - 21.04M
Net debt 1915.40M 2007.00M 1510.45M 1695.39M 1513.69M
Short term debt 188.33M 267.64M 412.32M 583.32M 457.39M
Short long term debt 188.33M 267.64M 412.32M 583.32M 457.39M
Short long term debt total 1923.13M 2016.88M 1512.97M 1697.74M 1532.85M
Other stockholder equity 3743.88M 3610.95M 3303.23M 2931.92M 2791.55M
Property plant equipment 4748.15M 4348.48M 3986.12M 3724.58M 3588.22M
Total current assets 124.21M 134.63M 206.07M 188.57M 83.70M
Long term investments 77.72M 5036.30M 4262.68M 4201.31M 3970.03M
Net tangible assets 2872.98M 2338.09M 2669.59M 2436.85M 2404.25M
Short term investments 77.72M 69.79M - - -
Net receivables 116.48M 122.79M 203.56M 186.21M 64.54M
Long term debt 1818.12M 1911.92M 1438.85M 1634.45M 1532.85M
Inventory -12.57400M -10.69000M - - -21.55100M
Accounts payable 4.39M 6.65M 7.01M 6.35M 3.89M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 124.13M 150.72M 73.70M 72.04M 68.16M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 5.18M -0.89200M -5.85900M 4.32M 14.43M
Additional paid in capital - - - - -
Common stock total equity 2.33M 2.25M 2.10M 1.90M 1.82M
Preferred stock total equity - - - - -
Retained earnings total equity -881.67200M -776.00100M -658.17100M -529.19400M -428.30700M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 4158.40M 131.58M 144.00M 134.94M 3605.42M
Deferred long term asset charges - - - - -
Non current assets total 4972.67M 5048.08M 4207.88M 4158.01M 4059.13M
Capital lease obligations 105.01M 104.96M 74.12M 63.29M -
Long term debt total 1818.12M 1911.92M 1438.85M 1634.45M 1532.85M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -104.57200M -650.29900M -167.24500M -255.30800M -77.18300M
Change to liabilities -0.80400M -1.06700M 10.50M 2.46M -7.13700M
Total cashflows from investing activities -38.47200M -603.22000M -201.91300M -255.30800M -77.18300M
Net borrowings -97.16800M 469.34M -198.54000M 98.82M 56.98M
Total cash from financing activities -222.07400M 363.03M -31.22400M 37.33M -115.07700M
Change to operating activities -0.86100M 3.47M 2.64M 2.04M 15.89M
Net income 110.04M 86.78M 68.49M 77.19M 58.32M
Change in cash -2.14600M 7.36M 0.16M -16.80600M 16.43M
Begin period cash flow 9.88M 2.52M 2.35M 19.16M 2.73M
End period cash flow 7.73M 9.88M 2.52M 2.35M 19.16M
Total cash from operating activities 258.40M 247.56M 233.30M 201.18M 208.69M
Issuance of capital stock 106.02M 268.13M 364.39M 131.63M 10.76M
Depreciation 189.64M 157.87M 149.59M 146.44M 158.39M
Other cashflows from investing activities 105.97M 79.64M -0.78100M -3.06900M -20.94400M
Dividends paid -209.41700M -198.84400M -187.98900M -172.05600M 168.97M
Change to inventory - - 9.84M 5.00M 16.74M
Change to account receivables -7.65200M -2.86300M -1.40400M -5.90200M 0.23M
Sale purchase of stock -6.74100M -157.43900M -0.51500M -14.02300M -2.20300M
Other cashflows from financing activities 279.16M 1325.05M 355.37M 446.96M 410.36M
Change to netincome -39.70600M -8.32600M 5.71M -26.28100M -22.62700M
Capital expenditures 39.87M 32.57M 33.89M 40.14M 34.64M
Change receivables -7.65200M -2.86300M -1.40400M - -
Cash flows other operating 4.58M 12.89M -6.57200M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -2.14600M 7.36M 0.16M 131.63M -
Change in working capital -10.77300M 0.26M 1.89M -1.39800M 8.98M
Stock based compensation 15.67M 15.03M 12.49M 10.12M 8.68M
Other non cash items -46.17600M -0.26300M -5.49100M -2.20700M -14.30800M
Free cash flow 218.53M 214.99M 199.41M 161.04M 174.06M

Peer Comparison

Sector: Real Estate Industry: REIT - Healthcare Facilities

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
DOC
Healthpeak Properties Inc
0.61 2.74% 23.05 66.10 24.39 6.04 1.11 9.32 15.76
WELL
Welltower Inc
1.80 1.38% 131.89 170.68 72.46 7.75 2.13 9.77 27.67
VTR
Ventas Inc
1.13 1.74% 65.98 2524.00 25.51 4.47 1.98 7.44 17.76
OHI
Omega Healthcare Investors Inc
0.41 1.01% 41.66 31.33 10.13 9.06 2.05 14.35 15.26
HR
Healthcare Realty Trust Incorporated
0.27 1.50% 18.25 - 10.83 4.82 0.93 8.92 15.95

Reports Covered

Stock Research & News

Profile

Physicians Realty Trust is a self-managed health care real estate company organized to acquire, selectively develop, own, and manage health care properties that are leased to physicians, hospitals, and health care delivery systems. The Company invests in real estate that is integral to providing high quality health care. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the "operating partnership"), directly or through limited partnerships, limited liability companies or other subsidiaries. The Company is the sole general partner of the operating partnership and, as of June 30, 2023, owned approximately 96.0% of OP Units.

Healthpeak Properties Inc

309 North Water Street, Milwaukee, WI, United States, 53202

Key Executives

Name Title Year Born
Mr. John T. Thomas Pres, CEO & Trustee 1966
Mr. Jeffrey Nelson Theiler Exec. VP, CFO & Head of Investor Relations 1974
Mr. Del Mar Deeni Taylor Exec. VP & Chief Investment Officer 1957
Mr. John W. Lucey Chief Accounting & Admin. Officer 1962
Mr. Mark D. Theine Exec. VP of Asset Management 1983
Mr. Bradley D. Page J.D. Sr. VP & Gen. Counsel 1961
Mr. Daniel M. Klein J.D. Sr. VP & Deputy Chief Investment Officer 1965
Mr. W. Mark Dukes C.C.I.M. Sr. VP of Asset Management 1963
Ms. Amy M. Hall Sr. VP of Leasing & Physician Strategy 1983
Ms. Laurie P. Becker Sr. VP & Controller 1980

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