• Healthpeak Properties average return on tangible equity for 2023 was 6.09, a 4.25% decline from 2022.
• Healthpeak Properties average return on tangible equity for 2022 was 6.36, a 8.62% decline from 2021.
• Healthpeak Properties average return on tangible equity for 2021 was 6.96, a 46.22% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.