Welltower Inc. (WELL)
NYSE: WELL · Real-Time Price · USD
243.57
-4.77 (-1.92%)
At close: Jul 28, 2026, 4:00 PM EDT
243.58
+0.01 (0.00%)
After-hours: Jul 28, 2026, 7:53 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 1,937 | 1,968 | 1,570 | 1,556 | 1,452 | 1,375 |
Service and Other Revenue | 10,826 | 8,870 | 6,421 | 5,082 | 4,409 | 3,367 |
| 12,763 | 10,838 | 7,991 | 6,638 | 5,861 | 4,742 | |
Revenue Growth | 37.57% | 35.63% | 20.39% | 13.26% | 23.59% | 2.96% |
Property Expenses | 7,717 | 6,488 | 4,830 | 3,948 | 3,559 | 2,775 |
Total Property Expenses | 7,717 | 6,488 | 4,830 | 3,948 | 3,559 | 2,775 |
Gross Profit | 5,047 | 4,350 | 3,161 | 2,690 | 2,302 | 1,968 |
Selling, General & Admin | 1,755 | 1,748 | 235.49 | 179.09 | 150.39 | 126.73 |
Depreciation & Amortization Expenses | 2,464 | 2,085 | 1,632 | 1,401 | 1,310 | 1,038 |
Other Operating Expenses | 365.73 | 313.07 | 220.38 | 154.25 | 129.49 | 100.12 |
Operating Income | 461.02 | 203.58 | 1,073 | 955.78 | 711.6 | 703.14 |
Net Gains on Disposal of Properties | 1,901 | 1,449 | 451.61 | 67.9 | 16.04 | 235.38 |
Interest Income | -27.82 | -14.3 | -0.5 | -53.44 | -21.29 | -22.93 |
Interest Expense | -740.47 | -651.96 | -574.26 | -607.85 | -529.52 | -489.85 |
Other Non-Operating Income (Expense) | -31.83 | -31.65 | 25.76 | 2.11 | -9.01 | -42.54 |
Total Non-Operating Income (Expense) | 1,101 | 751.14 | -97.39 | -591.28 | -543.78 | -319.95 |
Pretax Income | 1,562 | 954.72 | 975.56 | 364.5 | 167.82 | 383.19 |
Provision for Income Taxes | -53 | -7.12 | 2.7 | 6.36 | 7.25 | 8.71 |
Net Income | 1,615 | 961.84 | 972.86 | 358.14 | 160.57 | 374.48 |
Minority Interest in Earnings | 64.58 | 24.99 | 21.18 | 18.05 | 19.35 | 38.34 |
Net Income to Common | 1,551 | 936.85 | 951.68 | 340.09 | 141.21 | 336.14 |
Net Income Growth | 37.27% | -1.56% | 179.83% | 140.84% | -57.99% | -65.66% |
Shares Outstanding (Basic) | 693 | 666 | 603 | 516 | 462 | 425 |
Shares Outstanding (Diluted) | 715 | 680 | 609 | 519 | 465 | 427 |
Shares Change | 11.08% | 11.63% | 17.36% | 11.51% | 8.98% | 2.27% |
EPS (Basic) | 2.23 | 1.41 | 1.58 | 0.66 | 0.31 | 0.88 |
EPS (Diluted) | 2.18 | 1.39 | 1.57 | 0.66 | 0.30 | 0.88 |
EPS Growth | 23.16% | -11.46% | 137.88% | 120.00% | -65.91% | -62.23% |
Free Cash Flow | 1,623 | 1,360 | 512.86 | 18.55 | 190.46 | 555.42 |
Free Cash Flow Growth | 75.92% | 165.16% | 2665.49% | -90.26% | -65.71% | -38.35% |
Free Cash Flow Per Share | 2.27 | 2.00 | 0.84 | 0.04 | 0.41 | 1.30 |
Dividends Per Share | 3.070 | 2.890 | 2.620 | 2.440 | 2.440 | 2.440 |
Dividend Growth | 11.64% | 10.30% | 7.38% | 0% | 0% | 0% |
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% |
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% |
EBITDA | 2,975 | 2,345 | 2,753 | 2,400 | 2,050 | 1,760 |
EBITDA Margin | 23.31% | 21.64% | 34.45% | 36.15% | 34.98% | 37.11% |
EBIT | 461.02 | 203.58 | 1,073 | 955.78 | 711.6 | 703.14 |
EBIT Margin | 3.61% | 1.88% | 13.43% | 14.40% | 12.14% | 14.83% |
Effective Tax Rate | -3.39% | -0.75% | 0.28% | 1.75% | 4.32% | 2.27% |