Opening its yearly report…Finding every part…Pulling out what matters…
DOC yearly report (10-K), explained · candor
DOCHealthpeak Properties, Inc.
The yearly report (10-K), explained
Once a year, every US-listed company files a full report with the SEC called the 10-K. It's longer and more detailed than the glossy annual report sent to shareholders, and its figures are checked by an independent auditor. Here is Healthpeak Properties's latest one, part by part: what each part is, why people read it, and what it says. Filed Feb 3, 2026, covering the period to Dec 31, 2025.
At a glance
AuditorDeloitte & Touche LLPAuditor's opinionClean: the statements are fairly presentedCan it keep going?No going-concern warningMoney controlsManagement says they workedPeople working thereAbout 411Risks it lists59Shareholders of record6,166
Found by candor in the report's own text. Green means the usual, reassuring wording was found; amber means read that part.
Where the pages go
About 182 pages, roughly 9 hours to read in full
Point at or tap a block to see which part it is. The longest parts are usually the risks, the managers' discussion and the financial statements.
What its 59 listed risks are about
Each risk heading sorted by the words it uses. Open “What could go wrong” below to read them all.
Laws and regulators19
Other10
Debt, money and the stock8
Economy and markets7
Deals and investments5
World events and climate3
Competition2
Suppliers and operations2
Reputation and brand1
Products and technology1
Cyber and data1
Every part, explained
The notes behind the numbers
The statements only show totals. The 30 notes explain each one: how Healthpeak Properties counts sales, what it owes and when, its tax bill, its leases, its business segments and more. Open a note to read it and see its tables.
Filed with the SEC on Feb 3, 2026, for the period ending Dec 31, 2025. Open the original report. Plain-English names and explanations are candor's; anything in quotation marks is Healthpeak Properties's own words.