Welltower Inc. (WELL)
NYSE: WELL · Real-Time Price · USD
236.92
+0.92 (0.39%)
At close: Aug 7, 2026, 4:00 PM EDT
236.02
-0.90 (-0.38%)
After-hours: Aug 7, 2026, 7:58 PM EDT

Welltower Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
12,76310,8387,9916,6385,8614,742
Revenue Growth
37.57%35.63%20.39%13.26%23.59%2.96%
Gross Profit
5,0474,3503,1612,6902,3021,968
Operating Income
461.02203.581,073955.78711.6703.14
Net Income
1,551936.85951.68340.09141.21336.14
Earnings Per Share
2.181.391.570.660.300.88
EPS Growth
23.16%-11.46%137.88%120.00%-65.91%-62.23%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22
Seniors Housing Operating
10,4318,4896,0354,7644,238
Triple-Net
1,4751,197788.77887.11790.71
Outpatient Medical
476.01781.93802.11750.49678.46
Corporate & Other
380.8369.97364.77236.85153.9
Revenue (Total)
12,76310,8387,9916,6385,861

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,9655,0343,5071,994631.68269.27
Total Debt
19,72121,38016,75816,11916,49914,677
Net Cash (Debt)
-17,756-16,347-13,252-14,125-15,868-14,408
Net Cash Growth
------
Net Cash Per Share
-24.83-24.06-21.77-27.23-34.11-33.75

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,1862,8822,2561,6021,3291,275
Capital Expenditures
-1,563-1,522-1,744-1,583-1,138-719.9
Free Cash Flow
1,6231,360512.8618.55190.46555.42
Free Cash Flow Growth
75.92%165.16%2665.49%-90.26%-65.71%-38.35%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
39.54%40.14%39.56%40.53%39.28%41.49%
Operating Margin
3.61%1.88%13.43%14.40%12.14%14.83%
Pretax Margin
12.24%8.81%12.21%5.49%2.86%8.08%
Profit Margin
12.66%8.87%12.17%5.40%2.74%7.90%
FCF Margin
12.72%12.55%6.42%0.28%3.25%11.71%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.4002.8902.6202.4402.4402.440
Dividend Per Share Growth
11.64%10.30%7.38%0%0%0%
Dividend Yield
1.44%1.52%2.03%2.71%3.73%2.84%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
107.39133.5380.27136.62218.5097.47
P/FCF Ratio
105.2095.07156.122743.47168.7769.06
PS Ratio
13.3811.9310.027.665.488.09