American Healthcare Reit vs Healthpeak Properties
Healthpeak Properties is the larger business, with $2.82bn of revenue in fiscal 2025 against $2.26bn for American Healthcare Reit (1.2 times as much). American Healthcare Reit grew faster (9.1% against 4.5%). American Healthcare Reit kept more of each dollar of sales as profit: a net margin of 3.1% against 2.5%. American Healthcare Reit carries less debt relative to equity (29.7% against 133.0%).
| Latest fiscal year | American Healthcare ReitAHR, 2025 | Healthpeak PropertiesDOC, 2025 |
|---|---|---|
| Revenue | $2.26bn | $2.82bn |
| Revenue growth | 9.1% | 4.5% |
| Net income | $69.8m | $71.3m |
| Operating margin | 18.4% | — |
| Net margin | 3.1% | 2.5% |
| Return on equity | 2.5% | 0.9% |
| Free cash flow | $294m | $357m |
| Cash | $115m | $467m |
| Total debt | $986m | $9.98bn |
| Debt to equity | 29.7% | 133.0% |
| Dividend per share | $1.00 | $1.22 |
| Dividend yield | 1.7% | 6.3% |
| Share buybacks | $0 | $97.1m |
| Employees | 121 | 411 |
| Market value | $10.68bn | $13.49bn |
| Price vs our value range | — | — |
| Moat score | 27 (Weak) | 49 (Moderate) |
| Insider trades, 12 months | 0 buys, 10 sales | 0 buys, 1 sales |