DOC

Physicians Realty Trust

Halal Rating :
Uncomfortable
Last Price $17.9
Market Cap $12.47b
Price Last Updated Nov 03, 2025 01:07
1D Change

2.17 %

1 Year Change

-20.13 %

Next Earnings Date

Yet to be announced

Company Overview

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and Senior Housing.

Revenue Sources

Pass

Based on analysis of their revenue streams, Physicians Realty Trust generates its income primarily from leasing medical office buildings and healthcare facilities. This is a halal business model as it involves providing real estate services to healthcare providers. There are no identified haram revenue sources in their business model.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2025 $629.09m $76.78m $-61,000,000.0 $76.78m 9.74% 100.00%
June 30, 2025 $619.28m $75.06m $-59,000,000.0 $75.06m 9.57% 100.00%
March 31, 2025 $630.2m $72.69m $-57,000,000.0 $72.69m 9.02% 100.00%
Dec. 31, 2024 $627.48m $70.51m $-54,000,000.0 $70.51m 8.54% 100.00%

Examining the financial data for the last four quarters: Interest expense comprises a significant portion of total expenses, consistently exceeding 11% of total expenses across all quarters. This indicates that interest plays a material role in the company's operations and financing structure, which is typical for REITs but problematic from an Islamic finance perspective.

Operational Ethics

Pass

Based on available information from SEC filings and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations, including the state of Israel or the Chinese Communist Party.

Rating Justification

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