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Side-by-side financial comparison of Healthpeak Properties (DOC) and EAST WEST BANCORP INC (EWBC). Click either name above to swap in a different company.

EAST WEST BANCORP INC is the larger business by last-quarter revenue ($775.0M vs $719.4M, roughly 1.1× Healthpeak Properties). Healthpeak Properties runs the higher net margin — 73.2% vs 46.2%, a 27.0% gap on every dollar of revenue. On growth, Healthpeak Properties posted the faster year-over-year revenue change (3.1% vs 2.1%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.4% CAGR vs 8.9%).

Healthpeak Properties, Inc. is an American real estate investment trust that invests in real estate related to the healthcare industry including senior housing, life science, and medical offices. It was organized in 2007 in Maryland and headquartered in Denver, Colorado with offices in Irvine, Nashville and San Francisco. As of December 31, 2019, the company owned interests in 617 properties.

East West Bank is an American bank that is the primary subsidiary of East West Bancorp. It is the largest publicly traded bank headquartered in Southern California. The company has been ranked the #1 performing U.S. bank with more than $10 billion in assets by S&P Global Market Intelligence, and the top performing bank in its asset size by Bank Director for three straight years since 2023.

DOC vs EWBC — Head-to-Head

Bigger by revenue
EWBC
EWBC
1.1× larger
EWBC
$775.0M
$719.4M
DOC
Growing faster (revenue YoY)
DOC
DOC
+1.0% gap
DOC
3.1%
2.1%
EWBC
Higher net margin
DOC
DOC
27.0% more per $
DOC
73.2%
46.2%
EWBC
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.4%
8.9%
DOC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DOC
DOC
EWBC
EWBC
Revenue
$719.4M
$775.0M
Net Profit
$114.0M
$358.0M
Gross Margin
Operating Margin
17.4%
Net Margin
73.2%
46.2%
Revenue YoY
3.1%
2.1%
Net Profit YoY
2406.4%
0.4%
EPS (diluted)
$0.16
$2.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOC
DOC
EWBC
EWBC
Q1 26
$775.0M
Q4 25
$719.4M
$657.8M
Q3 25
$705.9M
$677.5M
Q2 25
$694.3M
$617.1M
Q1 25
$702.9M
$600.2M
Q4 24
$698.0M
$587.6M
Q3 24
$700.4M
$572.7M
Q2 24
$695.5M
$553.2M
Net Profit
DOC
DOC
EWBC
EWBC
Q1 26
$358.0M
Q4 25
$114.0M
$356.3M
Q3 25
$-117.1M
$368.4M
Q2 25
$31.7M
$310.3M
Q1 25
$42.8M
$290.3M
Q4 24
$4.5M
$293.1M
Q3 24
$85.9M
$299.2M
Q2 24
$146.0M
$288.2M
Gross Margin
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
Q3 25
58.6%
Q2 25
60.2%
Q1 25
61.1%
Q4 24
60.3%
Q3 24
60.0%
Q2 24
60.6%
Operating Margin
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
17.4%
71.0%
Q3 25
9.2%
68.6%
Q2 25
5.7%
65.2%
Q1 25
7.7%
65.2%
Q4 24
-2.2%
60.6%
Q3 24
14.1%
68.0%
Q2 24
22.3%
65.9%
Net Margin
DOC
DOC
EWBC
EWBC
Q1 26
46.2%
Q4 25
73.2%
54.2%
Q3 25
-16.6%
54.4%
Q2 25
4.6%
50.3%
Q1 25
6.1%
48.4%
Q4 24
0.7%
49.9%
Q3 24
12.3%
52.2%
Q2 24
21.0%
52.1%
EPS (diluted)
DOC
DOC
EWBC
EWBC
Q1 26
$2.57
Q4 25
$0.16
$2.55
Q3 25
$-0.17
$2.65
Q2 25
$0.05
$2.24
Q1 25
$0.06
$2.08
Q4 24
$0.02
$2.10
Q3 24
$0.12
$2.14
Q2 24
$0.21
$2.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOC
DOC
EWBC
EWBC
Cash + ST InvestmentsLiquidity on hand
$467.5M
Total DebtLower is stronger
$9.8B
Stockholders' EquityBook value
$7.5B
$9.0B
Total Assets
$20.3B
$82.9B
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
$467.5M
$4.2B
Q3 25
$91.0M
$4.7B
Q2 25
$89.4M
$4.4B
Q1 25
$70.6M
$3.4B
Q4 24
$119.8M
$5.3B
Q3 24
$180.4M
$4.9B
Q2 24
$106.9M
$4.4B
Total Debt
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
$9.8B
$35.6M
Q3 25
$9.1B
$35.7M
Q2 25
$9.0B
$35.8M
Q1 25
$8.9B
$35.9M
Q4 24
$8.7B
$36.0M
Q3 24
$8.6B
$36.1M
Q2 24
$8.6B
$36.1M
Stockholders' Equity
DOC
DOC
EWBC
EWBC
Q1 26
$9.0B
Q4 25
$7.5B
$8.9B
Q3 25
$7.6B
$8.6B
Q2 25
$7.9B
$8.2B
Q1 25
$8.2B
$7.9B
Q4 24
$8.4B
$7.7B
Q3 24
$8.6B
$7.7B
Q2 24
$8.8B
$7.2B
Total Assets
DOC
DOC
EWBC
EWBC
Q1 26
$82.9B
Q4 25
$20.3B
$80.4B
Q3 25
$19.6B
$79.7B
Q2 25
$19.8B
$78.2B
Q1 25
$19.8B
$76.2B
Q4 24
$19.9B
$76.0B
Q3 24
$20.0B
$74.5B
Q2 24
$20.2B
$72.5B
Debt / Equity
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
1.31×
0.00×
Q3 25
1.20×
0.00×
Q2 25
1.14×
0.00×
Q1 25
1.08×
0.00×
Q4 24
1.04×
0.00×
Q3 24
1.00×
0.00×
Q2 24
0.98×
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOC
DOC
EWBC
EWBC
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$357.0M
FCF MarginFCF / Revenue
49.6%
Capex IntensityCapex / Revenue
124.4%
Cash ConversionOCF / Net Profit
10.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
$1.3B
$713.4M
Q3 25
$315.0M
$231.7M
Q2 25
$363.5M
$278.7M
Q1 25
$279.4M
$277.9M
Q4 24
$1.1B
$500.1M
Q3 24
$318.2M
$386.1M
Q2 24
$316.2M
$259.2M
Free Cash Flow
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
$357.0M
Q3 25
Q2 25
Q1 25
Q4 24
$333.7M
Q3 24
Q2 24
FCF Margin
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
49.6%
Q3 25
Q2 25
Q1 25
Q4 24
47.8%
Q3 24
Q2 24
Capex Intensity
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
124.4%
Q3 25
Q2 25
Q1 25
Q4 24
105.6%
Q3 24
Q2 24
Cash Conversion
DOC
DOC
EWBC
EWBC
Q1 26
Q4 25
10.99×
2.00×
Q3 25
0.63×
Q2 25
11.48×
0.90×
Q1 25
6.52×
0.96×
Q4 24
235.43×
1.71×
Q3 24
3.71×
1.29×
Q2 24
2.17×
0.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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