DOC (Healthpeak Properties) Interest Coverage: 1.31 (As of Mar. 2026) — 24% Below Median


DOC Healthpeak Properties Inc DOC
74 GF Score
Price $20.83
GF Value $19.55
Valuation Fairly Valued
! 8 Warning Signs
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What is Healthpeak Properties Interest Coverage?

Healthpeak Properties DOC +1.29% 74 Interest Coverage is 1.31 as of Mar. 2026, which is 24% below its 10-year median of 1.73. GuruFocus rates DOC with a GF Score™ of 74/100 and a GF Value™ of $19.55 (Fairly Valued). The stock has 8 warning signs investors should review. Among 701 REITs companies, Healthpeak Properties ranks worse than 77.32% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Healthpeak Properties's Operating Income for the three months ended in Mar. 2026 was $115 Mil. Healthpeak Properties's Interest Expense for the three months ended in Mar. 2026 was $-87 Mil. Healthpeak Properties's interest coverage for the quarter that ended in Mar. 2026 was 1.31. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Healthpeak Properties's Interest Coverage or its related term are showing as below:

DOC' s Interest Coverage Range Over the Past 10 Years
Min: 0.99   Med: 1.73   Max: 2.17
Current: 1.64


DOC's Interest Coverage is ranked worse than
77.32% of 701 companies
in the REITs industry
Industry Median: 3.12 vs DOC: 1.64

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Healthpeak Properties  (NYSE:DOC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Healthpeak Properties Interest Coverage Related Terms


Healthpeak Properties Interest Coverage Historical Data

* Premium members only.

The historical data trend for Healthpeak Properties's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Healthpeak Properties Interest Coverage Chart

Healthpeak Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.06 2.17 1.68 1.78

Healthpeak Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 1.86 1.75 1.72 1.81 1.31

DOC vs OHI, AHR, CTRE: Interest Coverage Comparison

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Healthpeak Properties's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Healthpeak Properties's Interest Coverage falls into.


DOC
74GF Score
Healthpeak Properties Inc DOC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Healthpeak Properties Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Healthpeak Properties's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Healthpeak Properties's Interest Expense was $-305 Mil. Its Operating Income was $544 Mil. And its Long-Term Debt & Capital Lease Obligation was $9,065 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*544.132/-305.178
=1.78

Healthpeak Properties's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Healthpeak Properties's Interest Expense was $-87 Mil. Its Operating Income was $115 Mil. And its Long-Term Debt & Capital Lease Obligation was $8,961 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*114.766/-87.292
=1.31

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.31 mean?
Healthpeak Properties (DOC) has a Interest Coverage of 1.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Healthpeak Properties and its competitors. This is 24% below median its historical median of 1.73. Over the past decade, Healthpeak Properties' Interest Coverage has ranged from 0.99 to 2.17. According to the industry distribution chart, Healthpeak Properties ranks #542 out of 701 companies in the REITs industry, placing it in the top 77.3%.
Is Healthpeak Properties' Interest Coverage too high?
Healthpeak Properties' current Interest Coverage of 1.31 is 24% below median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 2.17. The REITs industry median Interest Coverage is 3.12. Healthpeak Properties' value of 1.31 is 58% below this industry median. Based on the distribution chart, Healthpeak Properties ranks #542 out of 701 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Healthpeak Properties has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Healthpeak Properties' Interest Coverage compare to OHI and AHR?
According to the REITs industry distribution chart, Healthpeak Properties ranks #542 out of 701 companies for Interest Coverage. This places Healthpeak Properties in the lower half of its industry. The industry median Interest Coverage is 3.12. Healthpeak Properties' value of 1.31 is 58% below this benchmark. Historically, Healthpeak Properties' own Interest Coverage has ranged from 0.99 to 2.17 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 3.12, Healthpeak Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 701 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthpeak Properties's current Interest Coverage of 1.31 is 58% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Healthpeak Properties and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthpeak Properties's current Interest Coverage is 1.31, which is 24% below median its own 10-year median of 1.73. 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 Fairly Valued. The stock's GF Value™ is $19.55, compared to a current price of $20.83 — trading 6.5% above its estimated fair value. The current Interest Coverage is 1.31, which is 24% below median its 10-year median of 1.73 and 58% below the REITs industry median of 3.12. Healthpeak Properties' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current Interest Coverage is 1.31 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 $20.83 is trading 6.5% above its estimated GF Value™ of $19.55. GuruFocus considers Healthpeak Properties to be Fairly Valued.

Key valuation signals for DOC:

  • Interest Coverage: 1.31 (24% below median its 10-year median of 1.73)
  • GF Value™: $19.55 vs. price of $20.83 (6.5% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 58% below the REITs median (#542 of 701)

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 Properties Business Description

Industry Real EstateREITs
Other Exchanges HC5:GermanyP1EA34:Brazil
Address 4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
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.
74GF Score

Get the complete analysis for DOC

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.83
Price
$19.55
GF Value