Welltower Balance Sheet

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
Period Ending	Sep '25 Sep 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
Property, Plant & Equipment	41,128	41,164	36,538	32,665	30,591	27,502
Cash & Equivalents	6,807	3,507	1,994	631.68	269.27	1,545
Accounts Receivable	-	-	-	322.17	365.64	344.07
Other Receivables	1,699	1,171	1,041	619.76	521.09	374.47
Investment In Debt and Equity Securities	1,612	1,691	1,396	1,283	875.46	658.69
Goodwill	-	149.23	68.32	68.32	68.32	68.32
Other Intangible Assets	383.87	665.94	514.81	461.41	503.37	322.52
Loans Receivable Current	751.18	487.15	634.19	472.55	402.75	384.21
Restricted Cash	134.07	204.87	82.44	90.61	77.49	476
Other Current Assets	5,135	214.15	445.77	354.85	183.21	221.28
Other Long-Term Assets	223.64	249.89	240.08	216.67	163.58	287.55
Total Assets	59,505	51,044	44,012	37,893	34,910	32,484
Current Portion of Long-Term Debt	28.86	1,489	-	-	-	-
Current Portion of Leases	23.16	87.5	-	-	-	-
Long-Term Debt	16,826	14,024	15,736	14,548	14,131	13,799
Long-Term Leases	1,288	1,171	383.23	415.82	545.94	418.27
Accounts Payable	-	229.31	173.22	216.73	174.8	101.59
Accrued Expenses	1,852	568.92	422.16	374.4	387.89	606.62
Current Income Taxes Payable	-	140.7	130.01	144.02	117.01	99.92
Other Current Liabilities	173.7	0.01	96.02	55.73	39.3	118.05
Long-Term Unearned Revenue	-	430.84	374.55	432.94	335.89	115.41
Other Long-Term Liabilities	-	330.59	325.72	311.51	180.66	-
Total Liabilities	20,192	18,472	17,640	16,499	15,912	15,259
Common Stock	684.23	637	565.89	491.92	448.61	418.69
Additional Paid-In Capital	47,055	40,017	32,742	26,743	23,134	20,823
Distributions in Excess of Earnings	-8,751	-8,223	-7,629	-6,709	-5,717	-5,016
Treasury Stock	-14.34	-114.18	-111.58	-111	-107.75	-104.49
Comprehensive Income & Other	-217.45	-359.78	-163.16	-119.71	-121.32	-148.5
Total Common Equity	38,757	31,956	25,404	20,295	17,636	15,973
Minority Interest	555.56	616.38	967.35	1,099	1,362	1,252
Shareholders' Equity	39,312	32,573	26,372	21,394	18,998	17,225
Total Liabilities & Equity	59,505	51,044	44,012	37,893	34,910	32,484
Total Debt	18,167	16,771	16,119	14,964	14,677	14,217
Net Cash (Debt)	-11,360	-13,265	-14,125	-14,332	-14,408	-12,672
Net Cash Per Share	-17.20	-21.79	-27.23	-30.81	-33.75	-30.36
Filing Date Shares Outstanding	686.33	641.31	568.88	490.64	447.28	417.38
Total Common Shares Outstanding	684.11	635.29	564.24	490.51	447.24	417.4
Book Value Per Share	56.65	50.30	45.02	41.38	39.43	38.27
Tangible Book Value	38,373	31,141	24,821	19,765	17,064	15,582
Tangible Book Value Per Share	56.09	49.02	43.99	40.30	38.15	37.33
Land	5,147	5,271	4,698	4,250	3,968	3,441
Buildings	42,497	42,208	37,797	33,651	31,062	28,025
Construction In Progress	511.57	1,220	1,304	1,021	651.39	487.74

Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q