Healthpeak PropertiesDOC +1.26%74 Return-on-Tangible-Equity is 11.24% as of Mar. 2026, which is 49% above its 10-year median of 7.53. 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 932 REITs companies, Healthpeak Properties ranks worse than 68.56% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Healthpeak Properties's annualized net income for the quarter that ended in Mar. 2026 was $775 Mil. Healthpeak Properties's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,888 Mil. Therefore, Healthpeak Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.24%.
The historical rank and industry rank for Healthpeak Properties's Return-on-Tangible-Equity or its related term are showing as below:
DOC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.79 Med: 7.53 Max: 20.15
Current: 3.13
During the past 13 years, Healthpeak Properties's highest Return-on-Tangible-Equity was 20.15%. The lowest was 0.79%. And the median was 7.53%.
DOC's Return-on-Tangible-Equity is ranked worse than 68.56% of 932
companies
in the REITs industry
Industry Median: 6.34
vs DOC: 3.13
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Healthpeak Properties Return-on-Tangible-Equity Related Terms
Healthpeak Properties Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Healthpeak Properties's Return-on-Tangible-Equity 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.
DOC vs OHI, AHR, CTRE: Return-on-Tangible-Equity Comparison
For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Healthpeak Properties's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Healthpeak Properties's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.24% mean?
Healthpeak Properties (DOC) has a Return-on-Tangible-Equity of 11.24% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Healthpeak Properties and its competitors. This is 49% above median its historical median of 7.53. Over the past decade, Healthpeak Properties' Return-on-Tangible-Equity has ranged from 0.79 to 20.15. According to the industry distribution chart, Healthpeak Properties ranks #639 out of 932 companies in the REITs industry, placing it in the top 68.6%.
Is Healthpeak Properties' Return-on-Tangible-Equity too high?
Healthpeak Properties' current Return-on-Tangible-Equity of 11.24% is 49% above median its 10-year median of 7.53. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 20.15. The REITs industry median Return-on-Tangible-Equity is 6.34. Healthpeak Properties' value of 11.24% is 77.3% above this industry median. Based on the distribution chart, Healthpeak Properties ranks #639 out of 932 companies in the REITs industry, which is below the industry midpoint. 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' Return-on-Tangible-Equity compare to OHI and AHR?
According to the REITs industry distribution chart, Healthpeak Properties ranks #639 out of 932 companies for Return-on-Tangible-Equity. This places Healthpeak Properties in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.34. Healthpeak Properties' value of 11.24% is 77.3% above this benchmark. Historically, Healthpeak Properties' own Return-on-Tangible-Equity has ranged from 0.79 to 20.15 over the past decade. While the company's 10-year median is 7.53 vs. the industry median of 6.34, Healthpeak Properties has consistently been above 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 Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.34, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthpeak Properties's current Return-on-Tangible-Equity of 11.24% is 77.3% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Healthpeak Properties and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthpeak Properties's current Return-on-Tangible-Equity is 11.24%, which is 49% above median its own 10-year median of 7.53. 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 $20.82 — trading 6.5% above its estimated fair value. The current Return-on-Tangible-Equity is 11.24%, which is 49% above median its 10-year median of 7.53 and 77.3% above the REITs industry median of 6.34. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current Return-on-Tangible-Equity is 11.24% 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 $20.82 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:
Return-on-Tangible-Equity: 11.24% (49% above median its 10-year median of 7.53)
GF Value™: $19.55 vs. price of $20.82 (6.5% above fair value)
Industry Position: 77.3% above the REITs median (#639 of 932)
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.
74GF Score
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