← HEALTHPEAK PROPERTIES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $627.7m |
$414.2m
-34.02%
|
$1.1b
+156.20%
|
$45.5m
-95.71%
|
$413.6m
+808.33%
|
$505.5m
+22.24%
|
$500.4m
-1.01%
|
$306.0m
-38.85%
|
$243.1m
-20.54%
|
$71.3m
-70.66%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $626.5m |
$413.0m
-34.08%
|
$1.1b
+156.27%
|
$44.0m
-95.84%
|
$411.1m
+834.70%
|
$502.3m
+22.16%
|
$497.8m
-0.89%
|
$304.3m
-38.87%
|
$242.4m
-20.34%
|
$70.5m
-70.91%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $639.9m | $422.6m | $1.1b | $60.1m | $428.3m | $525.9m | $516.4m | $334.8m | $267.3m | $101.0m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $12.2m | $8.5m | $12.4m | $14.5m | — | — | — | — | — | — | — | |
| Depreciation and amortization | $568.1m | $534.7m | $549.5m | $660.0m | $697.1m | $684.3m | $710.6m | $749.9m | $1.1b | $1.1b | $1.1b | |
| Amortization of Debt Issuance Costs and Discounts | $20.0m | $14.6m | $12.6m | $10.9m | $10.2m | $9.2m | $10.9m | $11.9m | $29.0m | $31.9m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | — | ($25.8m) | ($30.8m) | ($36.7m) | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | — | ($25.8m) | ($30.8m) | ($36.7m) | ($33.1m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $710.6m | $724.1m | $1.0b | $1.0b | $1.1b | |
| Deferred Income Tax Expense (Benefit) | ($13.7m) | ($5.5m) | ($21.4m) | ($18.3m) | ($1.7m) | ($4.4m) | ($5.7m) | ($14.6m) | ($1.7m) | $3.8m | ($1.3m) | |
| Deferred Tax | — | — | — | — | — | — | ($6.0m) | ($14.6m) | ($1.7m) | $3.8m | ($1.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $22.9m | $14.3m | $16.6m | $18.2m | $17.4m | $18.2m | $26.5m | $14.5m | $15.5m | $14.4m | $22.2m | |
| Share-based Payment Arrangement, Expense | $23.0m | $14.0m | $15.0m | $18.0m | $21.0m | $23.0m | $32.0m | $19.0m | $20.0m | $20.0m | $22.2m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | $14.0m | $20.0m | $26.0m | $26.0m | $29.0m | $28.0m | — | — | — | — | $22.2m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $6.0m | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | ($4.6m) | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | $50.9m | $0 | $0 | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $7.0m | ($5.6m) | $23.0m | ($893k) | ($4.6m) | |
| Income (Loss) from Equity Method Investments | $11.4m | $10.9m | ($2.6m) | ($8.6m) | ($66.6m) | $6.1m | $2.0m | $10.2m | ($1.5m) | ($174.0m) | — | |
| Nonoperating Income (Expense) | $122.3m | $333.8m | $895.1m | $146.7m | $282.1m | ($29.0m) | $335.3m | $93.3m | $238.0m | $70.0m | — | |
| Other Nonoperating Income (Expense) | $3.7m | $31.4m | $13.3m | $182.1m | $234.7m | $6.3m | $326.3m | $6.8m | $59.3m | $479k | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($2.0m) | ($10.2m) | $1.5m | $174.0m | $166.8m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $118.9m | $82.9m | $44.8m | $105.7m | $116.8m | |
| Increase (Decrease) in Accounts Receivable | ($3.8m) | — | — | — | — | — | — | — | — | — | ($20.0m) | |
| Change In Receivables | — | — | — | — | — | — | ($17.4m) | ($21.6m) | ($40.9m) | ($16.3m) | ($20.0m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($17.4m) | ($21.6m) | ($40.9m) | ($16.3m) | ($20.0m) | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $6.5m | $2.1m | $7.7m | $3.1m | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.2b |
$847.0m
-30.23%
|
$848.7m
+0.20%
|
$846.1m
-0.31%
|
$758.4m
-10.36%
|
$795.2m
+4.85%
|
$900.3m
+13.21%
|
$956.2m
+6.22%
|
$1.1b
+11.95%
|
$1.3b
+16.95%
|
$1.2b
-1.67%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $458.9m | $471.8m | $607.2m | $744.0m | $788.9m | $759.7m | $962.0m | $774.6m | $736.8m | $894.9m | — | |
| Gain (Loss) on Sale of Investments | $164.7m | $356.6m | $926.0m | $22.9m | $550.5m | $605.3m | $10.4m | $86.5m | $178.7m | $69.5m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($1.8m) | $96.4m | ($65.8m) | ($63.8m) | $289.6m | |
| Net Cash Provided by (Used in) Investing Activities | ($410.6m) | $1.2b | $1.8b | ($1.4b) | ($1.0b) | $531.0m | ($876.3m) | ($576.8m) | ($113.8m) | ($1.0b) | ($1.1b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($46.0m) | ($54.2m) | ($44.2m) | ($58.4m) | ($42.9m) | ($225.8m) | $0 | $0 | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $16.4b | $11.1b | $4.5b | $13.1b | $12.6b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $16.4b | $11.1b | $4.5b | $13.1b | $12.6b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($16.1b) | ($10.7b) | ($4.3b) | ($12.0b) | ($11.4b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $324.6m | $378.1m | $153.2m | $1.1b | $967.4m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $324.6m | $378.1m | $153.2m | $1.1b | $1.2b | |
| Net Short Term Debt Issuance | — | — | — | — | — | $1.0b | ($170.4m) | ($275.6m) | — | — | ($424.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($16.1b) | ($10.7b) | ($4.3b) | ($12.0b) | ($11.4b) | |
| Short Term Debt Issuance | — | — | — | — | — | $16.8b | $15.9b | $10.3b | — | — | $5.7b | |
| Short Term Debt Payments | — | — | — | — | — | ($15.8b) | ($16.1b) | ($10.6b) | — | — | ($6.1b) | |
| Payments for Repurchase of Common Stock | $8.7m | $4.8m | $3.4m | $5.0m | $10.5m | $12.8m | $67.8m | $6.5m | $190.7m | $97.1m | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($648.0m) | ($657.0m) | ($794.8m) | ($849.1m) | ($846.0m) | |
| Common Stock Issuance | — | — | — | — | — | — | $308.1m | $278k | $317k | $1.1m | $1.6b | |
| Common Stock Payments | — | — | — | — | — | — | ($67.8m) | ($6.5m) | ($190.7m) | ($97.1m) | ($101.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $308.1m | $278k | $317k | $1.1m | $1.6b | |
| Net Common Stock Issuance | — | — | — | — | — | — | $240.3m | ($6.2m) | ($190.4m) | ($96.0m) | $1.5b | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($67.8m) | ($6.5m) | ($190.7m) | ($97.1m) | ($101.7m) | |
| Dividends paid | $979.5m | $695.0m | $696.9m | $720.1m | $787.1m | $650.1m | $648.0m | $657.0m | $794.8m | $849.1m | ($846.0m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($648.0m) | ($657.0m) | ($794.8m) | ($849.1m) | ($846.0m) | |
| Dividend Received CFO | — | — | — | — | — | — | $943k | $910k | $12.0m | $17.1m | $8.3m | |
| Dividends Received CFI | — | — | — | — | — | — | $12.5m | $20.6m | $22.9m | $28.5m | $28.9m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($33.3m) | ($52.1m) | ($109.5m) | ($27.5m) | ($189.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($1.1b) |
($2.1b)
-103.79%
|
($2.6b)
-21.97%
|
$647.3m
+124.70%
|
$246.4m
-61.92%
|
($1.3b)
-622.83%
|
($116.5m)
+90.96%
|
($337.3m)
-189.45%
|
($941.4m)
-179.10%
|
$136.1m
+114.46%
|
$1.4b
+946.25%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($54.8m) | $57.6m | $44.8m | ($3.0m) | $37.8m | ($92.6m) | $42.2m | $15.3m | $353.4m | $1.7b | |
| Beginning Cash Position | — | — | — | — | — | — | $219.4m | $126.8m | $169.0m | $184.3m | $163.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $82.2m | $139.8m | $184.7m | $111.4m | $211.7m | $126.8m | $169.0m | $184.3m | — | $1.7b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $245k | ($153k) | $0 | $0 | — | — | — | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $489.5m | $309.1m | $275.7m | $201.8m | $209.8m | $173.0m | $162.1m | $188.2m | $249.5m | $260.1m | — | |
| Income Taxes Paid, Net | $13.7m | $10.0m | $4.5m | $1.4m | ($786k) | $4.5m | ($1.9m) | $1.9m | $7.9m | $3.4m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | $311.0m | — | $78.0m | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $400.7m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($188k) | — | — | — | — | — | — | — | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | $164.7m | $356.6m | $926.0m | $22.9m | $90.3m | $190.6m | $9.1m | $86.5m | $178.7m | $69.5m | — | |
| General and Administrative Expense | $103.6m | $88.8m | $96.7m | $93.0m | $93.2m | $98.3m | $131.0m | $95.1m | $97.2m | $90.4m | — | |
| Goodwill | $42.4m | $47.0m | $47.0m | $47.0m | $18.0m | $18.0m | $18.0m | $18.0m | $68.5m | $68.5m | ($4.6m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $362.0m | $414.2m | $1.1b | $45.5m | $146.1m | $119.9m | $497.6m | $306.0m | $243.1m | $71.3m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $374.2m | $422.6m | $1.1b | $60.1m | $160.5m | $137.7m | $513.5m | $334.8m | $267.3m | $101.0m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $265.8m | $0 | $0 | — | $267.7m | $388.2m | $2.9m | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $4.5m | ($1.3m) | ($17.9m) | ($17.3m) | ($9.4m) | ($3.3m) | ($4.4m) | ($9.6m) | $4.3m | $9.3m | — | |
| Insured Event, Gain (Loss) | — | ($12.1m) | $0 | $3.7m | ($469k) | ($1.6m) | ($7.2m) | $3.1m | ($29.1m) | ($621k) | — | |
| Noncash Merger Related Costs | — | — | — | — | — | — | — | — | $16.2m | $0 | — | |
| Operating Costs and Expenses | — | — | — | — | — | — | — | — | — | $1.1b | — | |
| Operating Expenses | $738.4m | $666.3m | $705.0m | $879.4m | $782.5m | $773.3m | $863.0m | $902.1m | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $1.2b | $1.2b | $1.4b | $1.5b | $1.6b | $2.1b | $2.2b | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($707k) | ($799k) | ($18.1m) | ($1.0m) | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | $1.6m | $299.7m | $33.3m | $0 | $640k | $1.4m | $489k | $12k | $13.1m | — | |
| Proceeds from (Payments to) Noncontrolling Interests | $11.8m | — | — | — | — | — | — | — | — | — | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $8.9m | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | $1.7m | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($116.5m) | ($337.3m) | ($941.4m) | $136.1m | $1.4b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($876.3m) | ($576.8m) | ($113.8m) | ($1.0b) | ($1.1b) | |
| Change In Account Payable | — | — | — | — | — | — | $136.3m | ($40.7m) | ($28.6m) | ($25.3m) | ($86.3m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($92.6m) | $42.2m | $15.3m | $353.4m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | — | $145.2m | $114.3m | $147.3m | $223.1m | |
| Change In Payable | — | — | — | — | — | — | $136.3m | ($40.7m) | ($28.6m) | ($25.3m) | ($86.3m) | |
| Changes In Cash | — | — | — | — | — | — | ($92.6m) | $42.2m | $15.3m | $353.4m | $1.6b | |
| End Cash Position | — | — | — | — | — | — | $126.8m | $169.0m | $184.3m | $537.7m | $1.7b | |
| Financing Cash Flow | — | — | — | — | — | — | ($116.5m) |
($337.3m)
-189.45%
|
($941.4m)
-179.10%
|
$136.1m
+114.46%
|
$1.4b
+946.25%
|
|
| Free Cash Flow | — | — | — | — | — | — | $900.3m | $956.2m | $1.1b | $1.3b | $1.2b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($33.1m) | ($86.5m) | ($178.7m) | ($69.5m) | ($128.5m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($311.4m) | ($234k) | ($77.5m) | $0 | ($138.3m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($876.3m) | ($576.8m) | ($113.8m) | ($1.0b) | ($1.1b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $104.8m | ($88.4m) | ($115.2m) | ($86.8m) | ($167.8m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($991.9m) | ($605.4m) | $44.3m | ($912.6m) | ($1.3b) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Operating Gains Losses | — | — | — | — | — | — | ($346.6m) | ($96.9m) | ($254.7m) | $104.5m | ($99.6m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($127.4m) | ($83.9m) | ($78.4m) | ($115.9m) | — | |
| Purchase Of Business | — | — | — | — | — | — | ($21.1m) | ($88.4m) | ($240.8m) | ($86.8m) | ($330.6m) | |
| Purchase Of Investment | — | — | — | — | — | $0 | $0 | — | — | — | ($1.7b) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($1.0b) | ($747.1m) | ($604.3m) | ($1.3b) | ($1.7b) | |
| Sale Of Business | — | — | — | — | — | — | $126.0m | $0 | $125.7m | $0 | $162.8m | |
| Sale Of Investment Properties | — | — | — | — | — | — | $47.9m | $141.7m | $648.5m | $337.7m | $479.6m | |
| Stock Based Compensation | — | — | — | — | — | — | $26.5m | $14.5m | $31.8m | $14.4m | $22.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.