How does Healthpeak Properties (DOC) make money?

Healthpeak Properties (DOC) generates revenue primarily from Outpatient Medical Buildings, which accounted for 79.4% of total revenue in TTM through Q1 2026. The company reported $2.87B in revenue and converted 7.7% of it into net profit, equivalent to roughly $222.15M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Healthpeak Properties (DOC)?

Healthpeak Properties (DOC) reported a gross profit margin of 1.9% in TTM through Q1 2026, equivalent to $54.42M in gross profit on $2.87B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Healthpeak Properties (DOC)?

Healthpeak Properties (DOC) reported an operating profit margin of 18.3% in TTM through Q1 2026, equivalent to $526.09M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Healthpeak Properties (DOC)?

Healthpeak Properties (DOC) reported a net profit margin of 7.7% in TTM through Q1 2026, equivalent to $222.15M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Healthpeak Properties (DOC) profitable?

Yes. Healthpeak Properties (DOC) reported $222.15M in net income for TTM through Q1 2026, with a net profit margin of 7.7%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Healthpeak Properties (DOC) spend on capital expenditures?

Healthpeak Properties (DOC) spent $51.22M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.8% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Healthpeak Properties (DOC) generate?

Healthpeak Properties (DOC) generated $1.18B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 41.2%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Healthpeak Properties (DOC)?

Healthpeak Properties (DOC) had an effective tax rate of 2.9% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Healthpeak Properties (DOC)?

Healthpeak Properties (DOC) reports revenue across 3 reportable product segments, led by Outpatient Medical Buildings at 79.4% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Healthpeak Properties (DOC) generate most of its revenue?

Outpatient Medical Buildings is the largest geographic market for Healthpeak Properties (DOC), accounting for 79.4% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Healthpeak Properties Makes Money: 2026 Visual Revenue Map

Healthpeak Properties (DOC) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 6, 2026).

Healthpeak Properties (DOC) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Healthpeak Properties (DOC) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Outpatient Medical Buildings	$2.28B	79.4%
Lab	$304.92M	10.6%
Senior Housing	$287.05M	10%
Total	$2.87B	100%

Outpatient Medical Buildings$2.28B
Lab$304.92M
Senior Housing$287.05M
Total$2.87B

Healthpeak Properties (DOC) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Healthpeak Properties (DOC), TTM through Q1 2026
Region	Revenue (USD)	% of total
Outpatient Medical Buildings	$1.59B	79.4%
Lab	$212.81M	10.6%
Senior Housing	$200.34M	10%
Total	$2.00B	100%

Outpatient Medical Buildings
Lab
Senior Housing
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Healthpeak Properties (DOC) reports revenue across 3 operating segments; the largest segment was Outpatient Medical Buildings at 79.4%, followed by Lab (10.6%) and Senior Housing (10%). Separately, by end-market geography, Outpatient Medical Buildings accounted for 79.4% of revenue, followed by Lab (10.6%) and Senior Housing (10%).

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