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
Total Revenue $2.1b $1.8b $1.8b $728.0m $436.5m $471.3m $494.9m $527.4m $568.5m $604.0m
Revenues:
Cost of Revenue $2.0b $1.7b $705.0m $452.9m $108.6m $366.8m $37.6m $425.5m $412.0m $513.1m
Gross Profit (Calculated) (derived) $107.3m $120.2m $1.1b ($151.4m) ($346.0m) ($302.0m) ($368.1m) ($374.6m) ($506.4m) $90.9m
Operating Expenses $738.4m $666.3m $705.0m $879.4m $782.5m $773.3m $863.0m $902.1m
Additional Financial Items
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)
Operating Lease, Lease Income $1.2b $1.2b $1.4b $1.5b $1.6b $2.1b $2.2b
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
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $151.0m $134.0m $509.0m $325.0m $272.0m
Income (Loss) from Continuing Operations, Per Basic Share $1 $1 $2 $0 $0 $0 $1 $1 $0
Income (Loss) from Continuing Operations, Per Diluted Share $1 $1 $2 $0 $0 $0 $1 $1 $0
Interest Income, Operating $88.8m $56.2m $10.4m $9.8m $16.6m $37.8m $23.3m $21.8m $44.8m $61.8m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $11.4m $10.9m ($2.6m) ($8.6m) ($66.6m) $6.1m $2.0m $10.2m ($1.5m) ($174.0m)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $400.7m $0 $0
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
Net Income (Loss) Attributable to Parent $627.7m $414.2m $1.1b $45.5m $413.6m $505.5m $500.4m $306.0m $243.1m $71.3m
Net Income (Loss) Available to Common Stockholders, Basic $626.5m $413.0m $1.1b $44.0m $411.1m $502.3m $497.8m $304.3m $242.4m $70.5m
Net Income (Loss) Attributable to Noncontrolling Interest $12.2m $8.5m $12.4m $14.5m
Earnings Per Share, Basic $1.34 $0.88 $2.25 $0.09 $0.77 $0.93 $0.92 $0.56 $0.36 $0.10
Earnings Per Share, Diluted $1.34 $0.88 $2.24 $0.09 $0.77 $0.93 $0.92 $0.56 $0.36 $0.10
Common Stock, Dividends, Per Share, Declared $2.10 $1.48 $1.48 $1.48 $1.48 $1.20 $1.20 $1.20 $1.20 $1.22
Weighted Average Number of Shares Outstanding, Basic 467.2m 468.8m 470.6m 486.3m 530.6m 538.9m 538.8m 547.0m 675.7m 696.0m
Weighted Average Number of Shares Outstanding, Diluted 467.4m 468.9m 475.4m 489.3m 531.1m 539.2m 539.1m 547.3m 676.2m 696.0m
General and Administrative Expense $103.6m $88.8m $96.7m $93.0m $93.2m $98.3m $131.0m $95.1m $97.2m $90.4m
Other Nonoperating Income (Expense) $3.7m $31.4m $13.3m $182.1m $234.7m $6.3m $326.3m $6.8m $59.3m $479k
Business Combination, Acquisition Related Costs $9.8m $8.0m $10.8m $8.7m $18.3m $1.8m $4.9m $17.5m $132.7m $25.5m
Current Income Tax Expense (Benefit) $18.2m $4.2m $3.5m $990k ($7.7m) $1.1m $1.3m $5.0m $6.0m $5.4m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $6.5m $2.1m $7.7m $3.1m
Interest Expense $464.4m $307.7m $266.3m $225.6m $218.3m $158.0m $172.9m $200.3m $280.4m $305.2m
Share-based Payment Arrangement, Expensed and Capitalized, Amount $14.0m $20.0m $26.0m $26.0m $29.0m $28.0m
Income Tax Expense (Benefit) $4.5m ($1.3m) ($17.9m) ($17.3m) ($9.4m) ($3.3m) ($4.4m) ($9.6m) $4.3m $9.3m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.