Financials Healthcare Realty Trust Incorporated

Equities

HR

US42226K1051

Specialized REITs

End-of-day quote Nyse Other stock markets 03/09/2024			5-day change	1st Jan Change
17.94 ^USD	+0.79%		+0.79%	+4.12%

26/08	Healthcare Realty Trust Adds $118 Million of New Properties to JV With KKR	MT
02/08	Transcript : Healthcare Realty Trust Incorporated, Q2 2024 Earnings Call, Aug 02, 2024

Projected Income Statement: Healthcare Realty Trust Incorporated

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	470.3	499.6	534.8	932.6	1,344	1,272	1,268	1,325
Change	-	6.24%	7.04%	74.38%	44.08%	-5.38%	-0.31%	4.5%
EBITDA ¹	253.7	269.8	288.4	535.9	784.9	746.1	749.8	767.4
Change	-	6.36%	6.87%	85.84%	46.46%	-4.95%	0.5%	2.35%
EBIT ¹	75.87	79.42	85.68	82.78	54.22	56.74	83.58	91.77
Change	-	4.68%	7.89%	-3.38%	-34.51%	4.65%	47.31%	9.8%
Interest Paid ¹	-55.44	-56.17	-53.12	-146.7	-258.6	-238.5	-220.7	-262.6
Earnings before Tax (EBT) ¹	-	-	66.66	-	-282.1	-459.3	-172.6	-163.5
Change	-	-	-	-100%	-	-62.82%	62.42%	5.26%
Net income ¹	39.18	72.2	66.66	40.9	-278.3	-478.3	-160.5	-178
Change	-	84.24%	-7.67%	-38.65%	-	-71.89%	66.44%	-10.9%
Announcement Date	12/02/20	10/02/21	22/02/22	01/03/23	16/02/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	119.8	121.5	124.8	123.7	125.3	125.9	130.3	131.4	136.6	136.4	142.9	145.3	306.4	338.1	332.9	338.1	342.3	330.4	326.8	316.3	311	306.3	309.6	309.9	313.3	313.2	327.6	327.6
Change	-	1.44%	2.7%	-0.89%	1.26%	0.5%	3.54%	0.83%	3.96%	-0.15%	4.74%	1.7%	110.8%	10.35%	-1.52%	1.57%	1.22%	-3.45%	-1.1%	-3.21%	-1.68%	-1.51%	1.09%	0.08%	1.1%	-0.03%	4.6%	0%
EBITDA ¹	61.72	67.12	66.57	69.81	67.79	65.68	68.88	71.11	72.91	74.49	74.39	77.78	177.1	206.6	196	197.3	197.2	194.5	190.9	184.6	181.1	184.2	185.5	187.2	187.6	189.6	189.8	191.7
Change	-	8.76%	-0.83%	4.87%	-2.89%	-3.11%	4.88%	3.23%	2.53%	2.17%	-0.13%	4.55%	127.75%	16.65%	-5.17%	0.68%	-0.03%	-1.4%	-1.82%	-3.32%	-1.91%	1.71%	0.72%	0.94%	0.21%	1.03%	0.11%	1%
EBIT ¹	-	-	-	-	-	-	-	-	-	22.68	20.35	22.05	19.02	21.36	11.47	14.09	14.24	14.42	12.82	11.12	8.681	14.83	15.51	17.86	22.22	18.57	19.18	21.68
Change	-	-	-	-	-	-	-	-	-	-	-10.26%	8.32%	-13.71%	12.29%	-46.3%	22.84%	1.03%	1.3%	-11.09%	-13.24%	-21.96%	70.83%	4.61%	15.14%	24.41%	-16.46%	3.33%	13.01%
Charge d'intérêts ¹	-14.18	-13.82	-13.96	-14.44	-14.15	-13.62	-13.26	-13.26	-13.33	-13.27	-13.66	-15.54	-53.04	-64.44	-63.76	-65.33	-66.3	-63.19	-61.05	-62.46	-59.39	-55.92	-57.57	-57.73	-57.11	-56.88	-64.6	-65.3
Earnings before Tax (EBT) ¹	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41.68	-315.2	-145.9	-50.45	-46.16	-46.33	-45.01	-38.69	-42.57	-42.14	-40.33
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	656.36%	-53.7%	65.43%	8.5%	-0.37%	2.86%	14.05%	-10.03%	1%	4.29%
Net income ¹	2.601	27.21	4.315	75.51	8.23	-15.86	24.02	23.1	-2.066	21.61	42.23	6.13	28.3	-35.76	-87.12	-82.76	-67.84	-40.53	-310.8	-143.8	-48.59	-28.93	-44.19	-42.69	-41.67	-39.59	-44.97	-43.82
Change	-	946.14%	-84.14%	1,650.01%	-89.1%	-	-	-3.85%	-	-	95.43%	-85.48%	361.73%	-	143.61%	-5.01%	-18.02%	-40.26%	666.87%	-53.74%	66.21%	40.45%	-52.73%	3.39%	2.39%	4.99%	-13.58%	2.56%
Announcement Date	04/11/19	12/02/20	06/05/20	05/08/20	04/11/20	10/02/21	05/05/21	04/08/21	03/11/21	22/02/22	05/05/22	09/08/22	09/11/22	01/03/23	09/05/23	08/08/23	03/11/23	16/02/24	07/05/24	02/08/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Healthcare Realty Trust Incorporated

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,431	1,606	1,811	-	4,969	4,928	4,993	5,056
Change	-	12.23%	12.76%	-	-	-0.83%	1.32%	1.26%
Announcement Date	12/02/20	10/02/21	22/02/22	01/03/23	16/02/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Healthcare Realty Trust Incorporated

Fiscal Period: December	2023	2024	2025	2026
CAPEX ¹	231	720	100	100
Change	-	211.65%	-86.11%	0%
Free Cash Flow (FCF) ¹	-	-	-	-
Change	-	-	-	-
Announcement Date	16/02/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Healthcare Realty Trust Incorporated

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	53.95%	54.01%	53.92%	57.47%	58.41%	58.67%	59.15%	57.93%
EBIT Margin (%)	16.13%	15.89%	16.02%	8.88%	4.03%	4.46%	6.59%	6.93%
EBT Margin (%)	-	-	12.46%	-	-20.99%	-36.12%	-13.62%	-12.34%
Net margin (%)	8.33%	14.45%	12.46%	4.39%	-20.71%	-37.62%	-12.66%	-13.44%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	1.16%	1.96%	1.65%	-	-2.1%	-3.83%	-1.64%	-1.64%
ROE	2.17%	3.75%	3.23%	0.84%	-2.17%	-5.12%	-3.02%	-3.25%
Financial Health
Leverage (Debt/EBITDA)	5.64x	5.95x	6.28x	-	6.33x	6.61x	6.66x	6.59x
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	17.19%	56.63%	7.89%	7.55%
CAPEX / EBITDA (%)	-	-	-	-	29.43%	96.51%	13.34%	13.03%
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	1.63	1.074	-	-	-	-
Change	-	-	-	-34.09%	-	-	-	-
Dividend per Share ¹	1.2	1.2	1.21	1.24	1.24	1.24	1.24	1.24
Change	-	0%	0.83%	2.48%	0%	0%	0%	0%
Book Value Per Share ¹	14.1	13.97	14.52	19.89	17.91	14.98	13.42	-
Change	-	-0.97%	3.97%	36.97%	-9.97%	-16.38%	-10.36%	-
EPS ¹	0.29	0.52	0.45	0.15	-0.74	-1.282	-0.4445	-0.4718
Change	-	79.31%	-13.46%	-66.67%	-593.33%	73.26%	-65.33%	6.13%
Nbr of stocks (in thousands)	1,33,736	1,36,054	1,47,542	3,80,572	3,80,874	3,63,030	3,63,030	3,63,030
Announcement Date	12/02/20	10/02/21	22/02/22	01/03/23	16/02/24	-	-	-