Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
During the past 12 months, Healthpeak Properties's average Free Cash Flow per Share Growth Rate was 3.80% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 2.50% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 4.10% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was -3.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Healthpeak Properties was 41.10% per year. The lowest was -182.30% per year. And the median was -0.10% per year.
Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.
Healthpeak Properties 3-Year FCF Growth Rate Related Terms
DOC vs OHI, AHR, CTRE: 3-Year FCF Growth Rate Comparison
For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Healthpeak Properties 3-Year FCF Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Healthpeak Properties's 3-Year FCF Growth Rate distribution charts can be found below:
* The bar in red indicates where Healthpeak Properties's 3-Year FCF Growth Rate falls into.
This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
Healthpeak Properties (DOC) has a 3-Year FCF Growth Rate of 2.50% as of Mar. 2026. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Healthpeak Properties and its competitors. According to the industry distribution chart, Healthpeak Properties ranks #323 out of 658 companies in the REITs industry, placing it in the top 49.1%.
Is Healthpeak Properties' 3-Year FCF Growth Rate too high?
Healthpeak Properties' current 3-Year FCF Growth Rate is 2.50%. The REITs industry median 3-Year FCF Growth Rate is 2.20. Healthpeak Properties' value of 2.50% is 13.6% above this industry median. Based on the distribution chart, Healthpeak Properties ranks #323 out of 658 companies in the REITs industry, which is above the industry midpoint. Overall, Healthpeak Properties has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Healthpeak Properties' 3-Year FCF Growth Rate compare to OHI and AHR?
According to the REITs industry distribution chart, Healthpeak Properties ranks #323 out of 658 companies for 3-Year FCF Growth Rate. This puts Healthpeak Properties in the upper half of its industry. The industry median 3-Year FCF Growth Rate is 2.20. Healthpeak Properties' value of 2.50% is 13.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year FCF Growth Rate for a REITs company?
The median 3-Year FCF Growth Rate among REITs companies is 2.20, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year FCF Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year FCF Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthpeak Properties's current 3-Year FCF Growth Rate of 2.50% is 13.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year FCF Growth Rate mean?
A high 3-Year FCF Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Healthpeak Properties and its competitors. For the REITs industry, the median 3-Year FCF Growth Rate is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthpeak Properties's current 3-Year FCF Growth Rate is 2.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthpeak Properties stock overvalued right now?
Based on GuruFocus' analysis, Healthpeak Properties (DOC) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.73, compared to a current price of $21.83 — trading 10.6% above its estimated fair value. The current 3-Year FCF Growth Rate is 2.50% and 13.6% above the REITs industry median of 2.20. Healthpeak Properties' overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year FCF Growth Rate calculated?
3-Year FCF Growth Rate is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current 3-Year FCF Growth Rate is 2.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Healthpeak Properties (DOC) Overvalued in 2026?
Based on GuruFocus' analysis, Healthpeak Properties stock appears to be overvalued.
The current stock price of $21.83 is trading 10.6% above its estimated GF Value™ of $19.73.
GuruFocus considers Healthpeak Properties to be Modestly Overvalued.
Key valuation signals for DOC:
3-Year FCF Growth Rate: 2.50%
GF Value™: $19.73 vs. price of $21.83 (10.6% above fair value)
Industry Position: 13.6% above the REITs median (#323 of 658)
No single metric tells the full story. See the DOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Healthpeak owns a diversified healthcare portfolio of approximately 700 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.
79GF Score
Get the complete analysis for DOC
3-Year FCF Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DOC has been successfully added to your 
