Healthcare Realty Trust Incorporated

Healthcare Realty Trust Incorporated reported a challenging fiscal year 2025, characterized by a significant net loss of $249.5 million, compared to a net income of $128.2 million cumulative attributable to common stockholders reported in the balance sheet equity section. Total revenue reached $1.18 billion, driven primarily by $1.14 billion in rental income. The net loss was heavily impacted by substantial non-cash charges, including $364.6 million in impairment of real estate properties and credit loss reserves, alongside $564.0 million in depreciation and amortization. These charges overshadowed a strong gain of $235.4 million from the sale of real estate properties. Operationally, the company maintained solid cash generation with net cash provided by operating activities totaling $457.1 million. However, financing activities utilized $1.21 billion in cash, primarily due to $650.1 million in term loan repayments and $386.9 million in dividends paid. The company’s liquidity position tightened, with cash and cash equivalents decreasing to $26.2 million from $68.9 million at the beginning of the period.

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