DOCHealthpeak Properties

$21.56

Is it safe?

Can DOC take a bad year?

Healthpeak Properties carries $9.25B of net debt at 7.46× EBITDA: a heavy load to carry through a bad year.

$9.25B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
7.46×

Net debt / EBITDA · 5.33× a year ago · the load is going up

Interest cover
0.50×

Interest cover · operating profit barely covers the interest bill

Annualised volatility
27%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$10.4B
Cash and short-term investments
$1.17B
Net debt
$9.25B
EBITDA, trailing twelve months
$1.24B
Operating profit, trailing twelve months
$160M
Debt / equity
1.33×
Total debt / EBITDA
8.41×
Annualised volatilitytwo years of daily moves
27%
Worst drawdown on file
−54%
Below its 52-week high
−5.6%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.