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Healthpeak Properties (Healthpeak Properties) Degree of Financial Leverage : 1.48 (As of Mar. 2024)


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What is Healthpeak Properties Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Healthpeak Properties's Degree of Financial Leverage for the quarter that ended in Mar. 2024 was 1.48. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Healthpeak Properties's Degree of Financial Leverage or its related term are showing as below:

DOC's Degree of Financial Leverage is ranked worse than
68.3% of 675 companies
in the REITs industry
Industry Median: 1.08 vs DOC: 1.48

Healthpeak Properties Degree of Financial Leverage Historical Data

The historical data trend for Healthpeak Properties's Degree of Financial Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Healthpeak Properties Degree of Financial Leverage Chart

Healthpeak Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 63.65 -0.56 -0.01 1.61

Healthpeak Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Degree of Financial Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 1.41 1.67 1.61 1.48

Competitive Comparison of Healthpeak Properties's Degree of Financial Leverage

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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's Degree of Financial Leverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthpeak Properties's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Healthpeak Properties's Degree of Financial Leverage falls into.



Healthpeak Properties Degree of Financial Leverage Calculation

Healthpeak Properties's Degree of Financial Leverage for the quarter that ended in Mar. 2024 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.35 (Mar. 2024) / 1.01 (Mar. 2023) - 1 )/( 417.717 (Mar. 2024) / 749.725 (Mar. 2023) - 1 )
=-0.6535/-0.4428
=1.48***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Healthpeak Properties  (NYSE:DOC) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Healthpeak Properties Degree of Financial Leverage Related Terms

Thank you for viewing the detailed overview of Healthpeak Properties's Degree of Financial Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthpeak Properties (Healthpeak Properties) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 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.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
James B. Connor director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Thomas Klaritch officer: Executive Vice President 3760 KILROY AIRPORT WAY, LONG BEACH CA 90806
Scott M Brinker officer: EVP and CIO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Ankit B. Patadia officer: EVP and Treasurer 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Adam G Mabry officer: CIO 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Scott R Bohn officer: EVP, Co-Head of Life Science 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Lisa A Alonso officer: EVP and Chief HR Officer 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Jeffrey H Miller officer: EVP - Senior Housing WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Thomas M Herzog director, officer: President and CEO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Glenn T Preston officer: SVP and SMD 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614