Healthpeak Properties, Inc. (DOC) vs Kimco Realty Corporation (KIM)
A side-by-side comparison of Healthpeak Properties, Inc. and Kimco Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.
Total return — DOC vs KIM
growth of $100 · dividends reinvested · last 10yDOC vs KIM: by the numbers
- •KIM is the larger company ($16.21B vs $14.25B market cap).
- •KIM converts more revenue to profit (27.73% vs 8.60% net margin).
- •DOC grew revenue faster over the past five years (19.15% vs 14.73% CAGR).
- •DOC pays the higher dividend yield (5.95% vs 4.30%).
Metrics side by side
Valuation
| Metric | DOC | KIM |
|---|---|---|
| P/E ratio | 58.60 | 26.93 |
| Forward P/E | 56.24 | 28.91 |
| P/S ratio | 4.80 | 7.37 |
| P/B ratio | 1.80 | 1.57 |
| EV / EBITDA | 14.13 | 17.24 |
| FCF yield | 2.09% | 5.32% |
For REITs like Healthpeak Properties, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Kimco Realty Corporation, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | DOC | KIM |
|---|---|---|
| Gross margin | 22.48% | 54.85% |
| Operating margin | 17.61% | 35.80% |
| Net margin | 8.60% | 27.73% |
| ROE | 3.23% | 5.91% |
| ROIC | 3.10% | 4.26% |
Dividends
| Metric | DOC | KIM |
|---|---|---|
| Dividend yield | 5.95% | 4.30% |
| Payout ratio | 1220.04% | 124.10% |
Healthpeak Properties, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Kimco Realty Corporation's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | DOC | KIM |
|---|---|---|
| Revenue CAGR (5Y) | 19.15% | 14.73% |
| EPS CAGR (5Y) | -33.52% | -18.16% |
| FCF CAGR (5Y) | 10.55% | 5.82% |
| Total return CAGR (5Y) | -4.77% | 5.98% |
Frequently asked
- Which has grown faster, DOC or KIM?
- Over the past five years, DOC grew revenue faster — DOC at a 19.15% CAGR versus KIM at 14.73%.
- Does DOC or KIM pay a bigger dividend?
- DOC yields 5.95% and KIM yields 4.30% based on trailing dividends and the latest price.
- Is DOC or KIM more profitable?
- KIM runs the higher net margin — DOC at 8.60% versus KIM at 27.73%.
- How have DOC and KIM total returns compared?
- Over the past 10 years, DOC delivered 0.20% and KIM delivered 2.58% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Healthpeak Properties & Kimco Realty appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 12, 2026.