HEALTHPEAK PROPERTIES, INC.

DOC · XNYS

CIK 765880fmd_1V84QKZR85J0CRD5GQJF693F3MFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Rental revenue	1,160	1,214	1,020	1,070	1,182	1,378	1,542	1,632	2,087	2,157
Total revenues	2,129	1,848	1,191	1,240	1,645	1,896	2,061	2,181	2,700	2,823
Cost of revenue	738	666	379	405	783	773	863	902	1,075	–
Realized investment gains (losses)	–	–	–	–	–	–	–	–	–	–
Provision for credit losses	–	–	–	–	17	2	–	–	–	–
Gross profit	1,391	1,182	813	835	862	1,123	1,198	1,279	1,626	–
Depreciation and amortization	568	535	405	435	554	684	711	750	1,057	1,059
Gain on sale of real estate	165	357	831	(0)	90	191	9	86	179	69
Impairment of real estate	–	–	–	–	–	–	0	0	–	0
Total operating expenses	738	666	379	405	783	773	863	902	–	–
Funds from operations (NAREIT definition, derived)	1,031	592	634	481	877	999	1,202	969	1,122	1,061
Operating income	652	516	434	430	80	350	335	377	–	–
Interest expense	464	308	261	218	218	158	173	200	280	305
Other non-operating income (expense)	122	334	801	107	282	(29)	335	93	238	70
Income before taxes	11	11	(3)	(9)	218	128	507	315	273	284
Income tax expense	4	(1)	(4)	(5)	(9)	(3)	(4)	(10)	4	9
Net income from continuing operations	374	423	837	175	161	138	514	335	267	101
Net income	628	414	1,061	46	414	506	500	306	243	71
Net income to common shareholders	627	413	1,058	44	411	502	498	304	242	71