Healthpeak Properties, Inc. (DOC) vs Regency Centers Corporation (REGCO)
A side-by-side comparison of Healthpeak Properties, Inc. and Regency Centers Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — DOC vs REGCO
growth of $100 · dividends reinvested · last 3yDOC vs REGCO: by the numbers
- •REGCO is the larger company ($14.09B vs $13.10B market cap).
- •REGCO converts more revenue to profit (38.24% vs 8.60% net margin).
- •DOC grew revenue faster over the past five years (19.15% vs 9.52% CAGR).
- •REGCO pays the higher dividend yield (7.24% vs 6.42%).
Metrics side by side
Valuation
| Metric | DOC | REGCO |
|---|---|---|
| P/E ratio | 54.29 | 5.89 |
| Forward P/E | 42.39 | 8.32 |
| PEG ratio | N/A | 0.10 |
| P/S ratio | 4.44 | 8.18 |
| P/B ratio | 1.67 | 2.12 |
| EV / EBITDA | 13.48 | 17.34 |
| FCF yield | 2.26% | 3.67% |
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 Regency Centers 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 | REGCO |
|---|---|---|
| Gross margin | 22.48% | 44.66% |
| Operating margin | 17.61% | 40.33% |
| Net margin | 8.60% | 38.24% |
| ROE | 3.23% | 9.58% |
| ROIC | 2.36% | 5.29% |
Dividends
| Metric | DOC | REGCO |
|---|---|---|
| Dividend yield | 6.42% | 7.24% |
| Payout ratio | 348.58% | 41.61% |
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.
Regency Centers 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 | REGCO |
|---|---|---|
| Revenue CAGR (5Y) | 19.15% | 9.52% |
| EPS CAGR (5Y) | -33.52% | 61.10% |
| FCF CAGR (5Y) | 10.55% | -3.16% |
| Total return CAGR (5Y) | -4.06% | N/A |
Frequently asked
- Which has grown faster, DOC or REGCO?
- Over the past five years, DOC grew revenue faster — DOC at a 19.15% CAGR versus REGCO at 9.52%.
- Does DOC or REGCO pay a bigger dividend?
- DOC yields 6.42% and REGCO yields 7.24% based on trailing dividends and the latest price.
- Is DOC or REGCO more profitable?
- REGCO runs the higher net margin — DOC at 8.60% versus REGCO at 38.24%.
Go deeper
Dig into the metrics
Healthpeak Properties & Regency Centers 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 October 6, 2026.