FCF Payout Ratio: 71.70%
The FCF payout ratio is 71.70%.
DOC FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
DOC Average FCF Payout Ratio Chart
DOC Current vs Average FCF Payout Ratio Chart
DOC FCF Payout Ratio Metrics
FCF PAYOUT RATIO
71.70%
FCF PAYOUT RATIO AVG TTM
69.84%
FCF PAYOUT RATIO AVG 3Y
71.10%
FCF PAYOUT RATIO AVG 5Y
71.49%
FCF PAYOUT RATIO AVG 10Y
79.58%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+2.67%
CURRENT VS 3Y AVG
+0.84%
CURRENT VS 5Y AVG
+0.29%
CURRENT VS 10Y AVG
-9.90%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio TTM
71.7%
Earnings Payout Ratio
1220.0%
Dividend Yield
5.66%
FCF Yield
7.89%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.25B | $849.10M | 67.8% |
| 2024 | $1.07B | $794.78M | 74.2% |
| 2023 | $956.24M | $657.02M | 68.7% |
| 2022 | $900.26M | $648.05M | 72.0% |
| 2021 | $795.25M | $650.08M | 81.7% |
| 2020 | $758.43M | $787.07M | 103.8% |
| 2019 | $846.07M | $720.12M | 85.1% |
| 2018 | $848.71M | $696.91M | 82.1% |
| 2017 | $847.04M | $694.96M | 82.0% |
| 2016 | $1.21B | $979.54M | 80.7% |
| 2015 | $1.22B | $1.05B | 85.6% |
| 2014 | $1.25B | $1.00B | 80.2% |
| 2013 | $1.15B | $956.68M | 83.3% |
| 2012 | $1.03B | $865.31M | 83.6% |
| 2011 | $671.26M | $787.69M | 117.3% |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FCF Payout Ratio FAQ
- What is the FCF payout ratio for Healthpeak Properties, Inc. (DOC)?
- The FCF payout ratio for DOC stock is 71.70%.
- What is the TTM average FCF payout ratio for Healthpeak Properties, Inc. (DOC)?
- The TTM average FCF payout ratio for DOC stock is 69.84%.
- What is the 3Y average FCF payout ratio for Healthpeak Properties, Inc. (DOC)?
- The 3Y average FCF payout ratio for DOC stock is 71.10%.
- What is the 5Y average FCF payout ratio for Healthpeak Properties, Inc. (DOC)?
- The 5Y average FCF payout ratio for DOC stock is 71.49%.
- What is the 10Y average FCF payout ratio for Healthpeak Properties, Inc. (DOC)?
- The 10Y average FCF payout ratio for DOC stock is 79.58%.
DOC FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 71.70% |
| 2025-12-31 | 69.33% |
| 2025-09-30 | 69.77% |
| 2025-06-30 | 67.89% |
| 2025-03-31 | 70.49% |
| 2024-12-31 | 74.24% |
| 2024-09-30 | 73.56% |
| 2024-06-30 | 73.77% |
| 2024-03-31 | 70.20% |
| 2023-12-31 | 68.71% |
| 2023-09-30 | 70.18% |
| 2023-06-30 | 70.66% |
| 2023-03-31 | 73.82% |
| 2022-12-31 | 71.98% |
| 2022-09-30 | 70.75% |
| 2022-06-30 | 73.34% |
| 2022-03-31 | 74.93% |
| 2021-12-31 | 81.75% |
| 2021-09-30 | 87.03% |
| 2021-06-30 | 90.84% |
| 2021-03-31 | 97.02% |
| 2020-12-31 | 103.78% |
| 2020-09-30 | 101.83% |
| 2020-06-30 | 95.96% |
| 2020-03-31 | 93.46% |
| 2019-12-31 | 85.11% |
| 2019-09-30 | 84.20% |
| 2019-06-30 | 89.04% |
| 2019-03-31 | 86.31% |
| 2018-12-31 | 82.11% |
| 2018-09-30 | 82.74% |
| 2018-06-30 | 81.42% |
| 2018-03-31 | 81.81% |
| 2017-12-31 | 82.05% |
| 2017-09-30 | 81.33% |
| 2017-06-30 | 80.67% |
| 2017-03-31 | 77.72% |
| 2016-12-31 | 80.68% |
| 2016-09-30 | 79.03% |
| 2016-06-30 | 81.99% |
| 2016-03-31 | 83.62% |
| 2015-12-31 | 85.64% |
| 2015-09-30 | 83.87% |
| 2015-06-30 | 82.85% |
| 2015-03-31 | 82.18% |
| 2014-12-31 | 80.21% |
| 2014-09-30 | 83.37% |
| 2014-06-30 | 82.66% |
| 2014-03-31 | 81.94% |
| 2013-12-31 | 83.26% |
| 2013-09-30 | 111.76% |
| 2013-06-30 | 160.45% |
| 2013-03-31 | 173.97% |
| 2012-12-31 | 178.31% |
About Healthpeak Properties, Inc.
Healthpeak Properties, Inc. is an S&P 500 constituent operating as a fully integrated real estate investment trust (REIT). The firm is dedicated to the acquisition, management, and development of premier properties essential for both medical research and the provision of healthcare services.
- Sector
- Real Estate
- Industry
- REIT - Healthcare Facilities
- CEO
- Scott Brinker