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Healthpeak Properties DOC Lab — Adjusted Net Operating Income From Continuing Operations

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Other financials

Income statement

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Revenue$753.0M+7.1%
Gross profit$414.0M-1.5%
Net income$193.6M+352%
EPS (diluted)$0.28+367%

Balance sheet

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Cash & equivalents$1.2B+1,558%
Total debt$290.1M-5.4%
Total equity$7.8B-4.4%
Total assets$21.6B+9.1%

Cash flow

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Operating cash flow$260.9M-6.6%

Valuation

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Market cap$15.02B+28.3%
Enterprise value$14.14B+18.5%
P/E67.6×-3.4×
P/S5.2×+1.0×

Profitability

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Gross margin60.1%+0.1pp
Net margin7.7%-2.3pp

Returns & leverage

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Return on equity2.8%-0.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Healthpeak Properties in its filing.

Tagged under the XBRL concept peak:AdjustedNetOperatingIncomeFromContinuingOperations.

The source filing: Healthpeak Properties’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-031287
Line itemOutpatient MedicalLabSenior HousingTotal
Noncontrolling interests’ share of consolidated joint venture NOI(7,695)(54)
NOI - outpatient medical and lab208,846150,113
Adjustments to NOI(2)(10,469)(9,094)
Adjusted NOI - outpatient medical and lab$198,377$141,019339,396
Senior housing net income (loss):
Compensation and property management(91,008)
Food(8,698)
Real estate tax(6,444)

Item 1. Financial Statements (Unaudited)

FAQ

What is Healthpeak Properties's lab — adjusted net operating income from continuing operations?
Healthpeak Properties (DOC) reported lab — adjusted net operating income from continuing operations of $141.02M in Q1 2026.
How has Healthpeak Properties's lab — adjusted net operating income from continuing operations changed year-over-year?
Healthpeak Properties's lab — adjusted net operating income from continuing operations decreased by 3.6% year-over-year, from $146.23M to $141.02M.
What is the long-term trend for Healthpeak Properties's lab — adjusted net operating income from continuing operations?
Over 2 years (2021 to 2023), Healthpeak Properties's lab — adjusted net operating income from continuing operations has grown at a 10.7% compound annual growth rate (CAGR), from $503.93M to $617.54M.
What does lab — adjusted net operating income from continuing operations mean?
The normalized net operating income that removes the impact of non-recurring or non-cash items to provide a clearer view of the segment's recurring cash-generating ability. This is the primary metric used to evaluate the operational performance of the lab portfolio.

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