We invest and manage our real estate portfolio for the long-term to maximize the benefit to our stockholders and support the growth of our dividends. The core elements of our strategy are to:

  • Acquire, develop, lease, own and manage a diversified portfolio of quality healthcare properties across multiple business segments and geographic locations (including Europe)
  • Align ourselves with leading healthcare companies, operators and service providers, which over the long term should result in higher relative rental rates, net operating cash flows and appreciation of property values
  • Allocate capital targeting a balanced portfolio between longer-term escalating triple-net leases with quality tenants, and operating businesses with shorter-term leases in medical and life science office and senior housing RIDEA
  • Maintain adequate liquidity with long-term fixed rate debt financing with staggered maturities, which supports the longer-term nature of our investments, while reducing our exposure to interest rate volatility and refinancing risk at any point in the interest rate or credit cycles
  • Continually manage our balance sheet with a targeted financial leverage to 40% relative to our assets.

Company Growth (employees)
Type
Public
HQ
Saint Paul, US
Founded
1985
Size (employees)
188 (est)
Website
hcpi.com
HCP was founded in 1985 and is headquartered in Saint Paul, US

HCP Office Locations

HCP has offices in Saint Paul, Irvine, Franklin and Foster City

HCP Data and Metrics

HCP Financial Metrics

HCP's revenue was reported to be $492.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

492.2 m

Net income (Q1, 2017)

464.2 m

Market capitalization (21-Sep-2017)

13.4 b

Cash (31-Mar-2017)

764.1 m
HCP's current market capitalization is $13.4 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.2 b1.7 b1.9 b2.1 b2.3 b2.5 b2.1 b

Revenue growth, %

37%11%12%8%12%(16%)

General and administrative expense

103.6 m

Operating expense total

103.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

536.1 m596.6 m610.8 m607.5 m658 m640.8 m662.2 m654.3 m492.2 m

General and administrative expense

29.1 m25 m24.8 m28.8 m20.5 m25.5 m22.8 m34.8 m22.5 m

Operating expense total

29.1 m25 m24.8 m28.8 m20.5 m25.5 m22.8 m34.8 m22.5 m

Interest expense

106.8 m111.3 m116.8 m118.6 m122.2 m122.1 m121.3 m117.9 m86.7 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

112.3 m1 b33.5 m247.7 m300.6 m183.8 m346.5 m

Accounts Receivable

65.7 m

Total Assets

20.1 b21.4 b21.4 b15.8 b

Accounts Payable

417.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

54.1 m83.5 m137.2 m115.8 m120.5 m94.7 m116.5 m132.9 m764.1 m

Total Assets

20.1 b20.7 b21 b22.3 b22.2 b21.2 b21.1 b21.2 b14.9 b

Accounts Payable

339.4 m329.2 m314.2 m433.6 m401.8 m433.1 m482.1 m487 m344.9 m

Additional Paid-in Capital

11.4 b11.4 b11.5 b11.5 b11.6 b11.7 b11.7 b11.7 b8.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

985 m936.6 m(546.4 m)639.9 m

Depreciation and Amortization

510.8 m568.1 m

Accounts Receivable

6.7 m(8.8 m)(9.6 m)3.8 m

Cash From Operating Activities

1.1 b1.2 b1.2 b1.2 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

222.3 m251.1 m(237.5 m)(69.8 m)48.2 m119.7 m424.6 m578.6 m464.2 m

Depreciation and Amortization

113.1 m123 m114.5 m120.4 m134.7 m141.3 m282.7 m425.6 m136.6 m

Accounts Receivable

(3.8 m)(6.5 m)(10.6 m)3.7 m(2.9 m)7.6 m3.5 m

Cash From Operating Activities

230.1 m594 m867.7 m268.6 m666.9 m998.6 m193.1 m
USDY, 2017

Revenue/Employee

2.6 m

Financial Leverage

2.4 x
Show all financial metrics

HCP Market Value History

Traffic Overview of HCP

HCP Company Life and Culture

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