US · USD
DOC
Healthpeak Properties Inc
- Day's range
- $18.79 – $19.58
- Day's volume
- $126.5M
- 52-week range
- $15.03 – $22.59
Follow DOC in the Fuolio
See how DOC weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountDOC in numbers
- Market cap
- $13B
- P/E
- 53.39
- P/B
- 1.66
- Dividend yield (12m)
- 6.50%
The 12-month dividend yield of DOC is 6.50%, above its 5-year average of 5.54%.
DOC price history
DOC risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +9.00% | +29.79% | -24.45% |
| Volatility (annualized) | 29.54% | 24.85% | 27.85% |
| Largest drawdown | -12.83% | -23.76% | -53.25% |
| Positive months | 5/12 | 17/36 | 26/60 |
How much did investing in DOC return?
$1,000.00 invested on 11/01/2021 would be worth $755.49 today.
- Value today in DOC
- $755.49
- Return over the period
- -24.45%
- Return per year
- -5.53%
- In the S&P 500
- $1,702.20
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
DOC fundamentals
Valuation
- P/E53.39
- P/B1.66
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue29.59
- P/EBIT—
- P/S17.97
- P/OCF10.55
- P/FCF—
- Earnings yield—
- PEG ratio—
- Earnings per share$0.35
- Book value per share$11.38
Debt
- Net debt$8.4B
- Net debt/EBITDA—
- Net debt/Equity1.07
- Debt/Equity1.28
- Current ratio—
- Quick ratio—
- Cash ratio—
Efficiency
- Gross margin—
- EBITDA margin—
- Operating margin—
- Net margin33.65%
- Asset turnover0.03
Profitability
- ROE3.10%
- ROA1.12%
- ROIC—
- Payout346.89%
Growth
- Revenue CAGR (5 years)-1.51%
- Earnings CAGR (5 years)-13.59%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is DOC's fair price?
Two classic value formulas, with today's numbers. The current price is $18.84.
- Graham's fair price
- $9.50
- 49.56% below the price
√(22.50 × $0.35 × $11.38)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $20.08
- 6.56% above the price
$1.20 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
DOC's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 156.65 | 58.32 | 35.40 | 27.39 | 38.50 | 39.38 | 382.64 | 12.58 |
| P/B | 1.49 | 1.69 | 1.71 | 2.06 | 2.99 | 2.42 | 2.86 | 2.24 |
| Dividend yield | 7.61% | 5.92% | 6.06% | 4.79% | 3.33% | 4.90% | 4.29% | 5.30% |
| Earnings per share | $0.10 | $0.35 | $0.56 | $0.92 | $0.94 | $0.77 | $0.09 | $2.22 |
| Book value per share | $10.79 | $12.01 | $11.61 | $12.17 | $12.08 | $12.50 | $12.04 | $12.44 |
| ROE | 0.95% | 2.89% | 4.82% | 7.52% | 7.76% | 6.14% | 0.75% | 17.85% |
| Gross margin | — | -89.08% | -71.03% | -74.36% | -64.06% | -79.28% | -180.78% | -162.56% |
| Net margin | 11.81% | 42.77% | 58.02% | 101.11% | 107.26% | 94.75% | 31.55% | 735.76% |
DOC's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $604M | $568.5M | $527.4M | $494.9M | $471.3M | $436.5M |
| Cost of revenue | — | -$1.1B | -$902.1M | -$863M | -$773.3M | -$782.5M |
| Gross profit | — | -$506.4M | -$374.6M | -$368.1M | -$302M | -$346M |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | $70M | $238M | $93.3M | $335.3M | -$29M | $282.1M |
| Income before tax | $284.3M | $273.2M | $314.9M | $507.1M | $128.4M | $217.7M |
| Income tax | -$9.3M | -$4.4M | $9.6M | $4.4M | $3.3M | $9.4M |
| Net income | $71.3M | $243.1M | $306M | $500.4M | $505.5M | $413.6M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does DOC pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 10/16/2026 | 10/30/2026 | $0.10 |
| Dividend | 11/12/2026 | 11/25/2026 | $0.10 |
| Dividend | 12/17/2026 | 12/30/2026 | $0.10 |
Dividend yield per year
- 5.67%2017
- 5.30%2018
- 4.29%2019
- 4.90%2020
- 3.33%2021
- 4.79%2022
- 6.06%2023
- 5.92%2024
- 7.61%2025
- 4.87%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/11/2026 | 09/25/2026 | $0.10 |
| Dividend | 08/14/2026 | 08/28/2026 | $0.10 |
| Dividend | 07/17/2026 | 07/31/2026 | $0.10 |
| Dividend | 06/12/2026 | 06/26/2026 | $0.10 |
| Dividend | 05/15/2026 | 05/29/2026 | $0.10 |
| Dividend | 04/16/2026 | 04/30/2026 | $0.10 |
| Dividend | 03/16/2026 | 03/31/2026 | $0.10 |
| Dividend | 02/12/2026 | 02/27/2026 | $0.10 |
| Dividend | 01/15/2026 | 01/30/2026 | $0.10 |
| Dividend | 12/18/2025 | 12/30/2025 | $0.10 |
| Dividend | 11/13/2025 | 11/26/2025 | $0.10 |
| Dividend | 10/16/2025 | 10/30/2025 | $0.10 |
See all 52 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/18/2025 | 09/30/2025 | $0.10 |
| Dividend | 08/15/2025 | 08/29/2025 | $0.10 |
| Dividend | 07/17/2025 | 07/31/2025 | $0.10 |
| Dividend | 06/13/2025 | 06/27/2025 | $0.10 |
| Dividend | 05/16/2025 | 05/30/2025 | $0.10 |
| Dividend | 04/16/2025 | 04/30/2025 | $0.10 |
| Dividend | 02/13/2025 | 02/26/2025 | $0.31 |
| Dividend | 11/01/2024 | 11/15/2024 | $0.30 |
| Dividend | 08/02/2024 | 08/16/2024 | $0.30 |
| Dividend | 05/02/2024 | 05/17/2024 | $0.30 |
| Dividend | 02/12/2024 | 02/26/2024 | $0.30 |
| Dividend | 11/03/2023 | 11/20/2023 | $0.30 |
| Dividend | 08/03/2023 | 08/18/2023 | $0.30 |
| Dividend | 05/04/2023 | 05/19/2023 | $0.30 |
| Dividend | 02/07/2023 | 02/23/2023 | $0.30 |
| Dividend | 11/03/2022 | 11/18/2022 | $0.30 |
| Dividend | 08/04/2022 | 08/19/2022 | $0.30 |
| Dividend | 05/05/2022 | 05/20/2022 | $0.30 |
| Dividend | 02/09/2022 | 02/22/2022 | $0.30 |
| Dividend | 11/04/2021 | 11/19/2021 | $0.30 |
| Dividend | 08/05/2021 | 08/20/2021 | $0.30 |
| Dividend | 05/06/2021 | 05/21/2021 | $0.30 |
| Dividend | 02/18/2021 | 03/05/2021 | $0.30 |
| Dividend | 11/09/2020 | 11/23/2020 | $0.37 |
| Dividend | 08/12/2020 | 08/25/2020 | $0.37 |
| Dividend | 05/06/2020 | 05/19/2020 | $0.37 |
| Dividend | 02/13/2020 | 02/28/2020 | $0.37 |
| Dividend | 10/31/2019 | 11/19/2019 | $0.37 |
| Dividend | 08/01/2019 | 08/20/2019 | $0.37 |
| Dividend | 05/02/2019 | 05/21/2019 | $0.37 |
| Dividend | 02/14/2019 | 02/28/2019 | $0.37 |
| Dividend | 11/01/2018 | 11/20/2018 | $0.37 |
| Dividend | 08/02/2018 | 08/21/2018 | $0.37 |
| Dividend | 05/03/2018 | 05/22/2018 | $0.37 |
| Dividend | 02/13/2018 | 03/02/2018 | $0.37 |
| Dividend | 11/02/2017 | 11/21/2017 | $0.37 |
| Dividend | 08/02/2017 | 08/22/2017 | $0.37 |
| Dividend | 05/03/2017 | 05/23/2017 | $0.37 |
| Dividend | 02/10/2017 | 03/02/2017 | $0.37 |
| Dividend | 11/07/2016 | 11/25/2016 | $0.37 |
About Healthpeak Properties
- Sector
- Finance, insurance and real estate
Questions about DOC
How much is DOC today?
DOC is at $18.84 (-3.34% on the day), last traded on 10/05/2026.
How much did DOC pay in dividends in 2025?
DOC paid $1.22 per share in 2025, a dividend yield of 7.61%.
When is the next DOC dividend?
The next announced payment is $0.10 per share on 10/30/2026.
What are the P/E and P/B of DOC?
DOC trades at a P/E of 53.39 and a P/B of 1.66.
How much did DOC return in 12 months?
DOC returned 9.00% in 12 months, with annualized volatility of 29.54% and a largest drawdown of -12.83%.