DOC vs. KIM: Healthpeak Properties vs. Kimco Realty Stock Comparison

Company Profile

Healthpeak Properties (DOC) and Kimco Realty (KIM) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but DOC is classified in Health Care REITs while KIM is classified in Retail REITs.

Both Healthpeak Properties (DOC) and Kimco Realty (KIM) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Healthpeak Properties (DOC) at 4.42% and Kimco Realty (KIM) at 7.20% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Neither Healthpeak Properties (DOC) in Equity Real Estate Investment Trusts (REITs) nor Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Healthpeak Properties (DOC) in Equity Real Estate Investment Trusts (REITs) and Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both Healthpeak Properties (DOC) at 4.52% and Kimco Realty (KIM) at 5.06% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

EPS growth isn't a meaningful figure for either Healthpeak Properties (DOC) in Equity Real Estate Investment Trusts (REITs) or Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Both Healthpeak Properties (DOC) at 1.48 and Kimco Realty (KIM) at 1.05 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

Both Healthpeak Properties (DOC) at 0.90 and Kimco Realty (KIM) at 0.83 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Healthpeak Properties (DOC) at 6.06% delivers top-quartile income for its industry, while Kimco Realty (KIM) at 4.14% pays a more typical yield — both are credible income propositions, DOC the richer one.

An earnings-based payout ratio fits neither Healthpeak Properties (DOC) in Equity Real Estate Investment Trusts (REITs) nor Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Healthpeak Properties (DOC) in Equity Real Estate Investment Trusts (REITs) or Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

On P/S ratio, both Healthpeak Properties (DOC) at 4.80 and Kimco Realty (KIM) at 7.72 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

On P/B ratio, both Healthpeak Properties (DOC) at 1.78 and Kimco Realty (KIM) at 1.67 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics