Healthpeak Properties, Inc. DOC NYSE

Healthpeak Properties, Inc. (DOC) reported moderate year-over-year revenue growth of +4.5% through 2025-12 (TTM revenue vs prior-year TTM). Net income showed earnings decline of -70.6% YoY, reaching $114M in the latest quarter. The net profit margin is 15.8%, which is high. the company was profitable in 3 out of the last 4 quarters. The gross margin is 13.6% (low), down 27.4pp vs the prior year. With a $12B market cap, MOAT composite score of 37/100 (low competitive position).

Criteria proven by this page:

• GROWTH (100/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Partial) — profitability has been inconsistent. Looking at the full 15-year annual history, the company was profitable in 11 of 15 years — a solid long-term record with occasional losses
• INCOME (30/100, Pass) — proves strong profitability and pricing power
• MOAT (37/100, Fail) — limited competitive moat based on margins and scale

Overall SharesGrow Score: 57/100 with 2/7 criteria passed.