Welltower Inc. (WELL)
NYSE: WELL · Real-Time Price · USD
167.40
-0.35 (-0.21%)
At close: Aug 28, 2025, 4:00 PM
167.93
+0.53 (0.32%)
After-hours: Aug 28, 2025, 7:34 PM EDT
Welltower Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2016 - 2020 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2016 - 2020 |
Rental Revenue | 1,761 | 1,570 | 1,556 | 1,452 | 1,375 | 1,443 | Upgrade |
Other Revenue | 7,252 | 6,165 | 4,848 | 4,200 | 3,225 | 3,074 | Upgrade |
| 9,278 | 7,991 | 6,573 | 5,802 | 4,737 | 4,587 | Upgrade | |
Revenue Growth (YoY | 31.96% | 21.58% | 13.28% | 22.47% | 3.29% | -10.44% | Upgrade |
Property Expenses | 5,599 | 4,830 | 3,948 | 3,559 | 2,677 | 2,455 | Upgrade |
Selling, General & Administrative | 254.54 | 235.49 | 179.09 | 150.39 | 126.73 | 128.39 | Upgrade |
Depreciation & Amortization | 1,865 | 1,632 | 1,401 | 1,310 | 1,038 | 1,038 | Upgrade |
Provision for Loan Losses | -0.83 | -10.13 | -9.81 | -10.32 | -7.27 | -94.44 | Upgrade |
Total Operating Expenses | 7,720 | 6,708 | 5,538 | 5,030 | 3,848 | 3,716 | Upgrade |
Operating Income | 1,558 | 1,283 | 1,035 | 772.15 | 889.28 | 870.09 | Upgrade |
Interest Expense | -579.64 | -574.26 | -607.85 | -529.52 | -489.85 | -514.39 | Upgrade |
Income (Loss) on Equity Investments | -3.74 | -0.5 | -53.44 | -21.29 | -22.93 | -8.08 | Upgrade |
Other Non-Operating Income | -62.68 | -89.57 | -106.22 | -110 | -34.41 | -64.97 | Upgrade |
EBT Excluding Unusual Items | 912.21 | 618.87 | 267.22 | 111.33 | 342.09 | 282.65 | Upgrade |
Gain (Loss) on Sale of Assets | 347.09 | 451.61 | 133.38 | 16.04 | 235.38 | 1,088 | Upgrade |
Asset Writedown | -119.35 | -92.79 | -36.1 | -17.5 | -51.11 | -135.61 | Upgrade |
Other Unusual Items | -6.58 | -2.13 | -0.01 | 57.94 | -143.17 | -186.68 | Upgrade |
Pretax Income | 1,133 | 975.56 | 364.5 | 167.82 | 383.19 | 1,049 | Upgrade |
Income Tax Expense | -9.06 | 2.7 | 6.36 | 7.25 | 8.71 | 9.97 | Upgrade |
Earnings From Continuing Operations | 1,142 | 972.86 | 358.14 | 160.57 | 374.48 | 1,039 | Upgrade |
Net Income to Company | 1,142 | 972.86 | 358.14 | 160.57 | 374.48 | 1,039 | Upgrade |
Minority Interest in Earnings | -12.77 | -21.18 | -18.05 | -19.35 | -38.34 | -60.01 | Upgrade |
Net Income | 1,130 | 951.68 | 340.09 | 141.21 | 336.14 | 978.84 | Upgrade |
Net Income to Common | 1,130 | 951.68 | 340.09 | 141.21 | 336.14 | 978.84 | Upgrade |
Net Income Growth | 90.42% | 179.83% | 140.84% | -57.99% | -65.66% | -20.58% | Upgrade |
Basic Shares Outstanding | 634 | 603 | 516 | 462 | 425 | 415 | Upgrade |
Diluted Shares Outstanding | 644 | 609 | 519 | 465 | 427 | 417 | Upgrade |
Shares Change (YoY) | 13.94% | 17.36% | 11.51% | 8.98% | 2.27% | 3.36% | Upgrade |
EPS (Basic) | 1.78 | 1.58 | 0.66 | 0.31 | 0.79 | 2.36 | Upgrade |
EPS (Diluted) | 1.76 | 1.57 | 0.66 | 0.30 | 0.78 | 2.33 | Upgrade |
EPS Growth | 67.69% | 139.07% | 115.53% | -61.06% | -66.51% | -23.69% | Upgrade |
Dividend Per Share | 2.750 | 2.620 | 2.440 | 2.440 | 2.440 | 2.440 | Upgrade |
Dividend Growth | 10.00% | 7.38% | - | - | - | -29.89% | Upgrade |
Operating Margin | 16.80% | 16.06% | 15.74% | 13.31% | 18.77% | 18.97% | Upgrade |
Profit Margin | 12.18% | 11.91% | 5.17% | 2.43% | 7.09% | 21.34% | Upgrade |
EBITDA | 3,470 | 2,963 | 2,478 | 2,109 | 1,942 | 1,920 | Upgrade |
EBITDA Margin | 37.40% | 37.08% | 37.70% | 36.35% | 41.00% | 41.86% | Upgrade |
D&A For Ebitda | 1,912 | 1,680 | 1,443 | 1,337 | 1,053 | 1,050 | Upgrade |
EBIT | 1,558 | 1,283 | 1,035 | 772.15 | 889.28 | 870.09 | Upgrade |
EBIT Margin | 16.80% | 16.06% | 15.74% | 13.31% | 18.77% | 18.97% | Upgrade |
Funds From Operations (FFO) | 2,864 | 2,323 | 1,763 | 1,478 | 1,221 | 1,103 | Upgrade |
FFO Per Share | 4.45 | 3.82 | 3.40 | 3.18 | 2.86 | 2.64 | Upgrade |
Adjusted Funds From Operations (AFFO) | - | 2,323 | 1,763 | 1,478 | 1,221 | 1,103 | Upgrade |
AFFO Per Share | - | 3.82 | 3.40 | 3.18 | 2.86 | 2.64 | Upgrade |
FFO Payout Ratio | 59.30% | 66.51% | 71.49% | 76.55% | 84.86% | 101.51% | Upgrade |
Effective Tax Rate | - | 0.28% | 1.75% | 4.32% | 2.27% | 0.95% | Upgrade |
Revenue as Reported | 9,278 | 7,991 | 6,638 | 5,861 | 4,742 | 4,606 | Upgrade |
Updated Jul 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.