5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Healthpeak Properties's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Healthpeak Properties's 5-Year ROIIC % or its related term are showing as below:
DOC's 5-Year ROIIC % is ranked better than 65.09% of 636
companies
in the REITs industry
Industry Median: 4.07
vs DOC: 6.21
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Healthpeak Properties 5-Year ROIIC % Related Terms
Healthpeak Properties 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Healthpeak Properties's 5-Year ROIIC % 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.
For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 5-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Healthpeak Properties's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Healthpeak Properties's 5-Year ROIIC % falls into.
Healthpeak Properties's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( 526.3388836 (Dec. 2025) - 215.148 (Dec. 2020) )
/
( 20124.098 (Dec. 2025) - 15115.246 (Dec. 2020) )
=
311.1908836
/
5008.852
=
6.21%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) 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 (DOC) has a 5-Year ROIIC % of 6.21 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Healthpeak Properties and its competitors. According to the industry distribution chart, Healthpeak Properties ranks #222 out of 636 companies in the REITs industry, placing it in the top 34.9%.
Is Healthpeak Properties' 5-Year ROIIC % too high?
Healthpeak Properties' current 5-Year ROIIC % is 6.21. The REITs industry median 5-Year ROIIC % is 4.07. Healthpeak Properties' value of 6.21 is 52.6% above this industry median. Based on the distribution chart, Healthpeak Properties ranks #222 out of 636 companies in the REITs industry, which is above 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' 5-Year ROIIC % compare to OHI and AHR?
According to the REITs industry distribution chart, Healthpeak Properties ranks #222 out of 636 companies for 5-Year ROIIC %. This puts Healthpeak Properties in the upper half of its industry. The industry median 5-Year ROIIC % is 4.07. Healthpeak Properties' value of 6.21 is 52.6% 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 5-Year ROIIC % for a REITs company?
The median 5-Year ROIIC % among REITs companies is 4.07, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthpeak Properties's current 5-Year ROIIC % of 6.21 is 52.6% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Healthpeak Properties and its competitors. For the REITs industry, the median 5-Year ROIIC % is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthpeak Properties's current 5-Year ROIIC % is 6.21. 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 5-Year ROIIC % is 6.21 and 52.6% above the REITs industry median of 4.07. 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 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current 5-Year ROIIC % is 6.21 as of Dec. 2025. 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:
5-Year ROIIC %: 6.21
GF Value™: $19.55 vs. price of $20.82 (6.5% above fair value)
Industry Position: 52.6% above the REITs median (#222 of 636)
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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