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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 Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
3,5453,3523,1812,6862,5482,4232,2512,0561,8251,8601,7501,6621,6651,5611,5191,4741,4731,3961,3091,240
Revenue Growth
39.10%38.33%41.33%30.65%39.64%30.29%28.63%23.69%9.57%19.16%15.23%12.77%13.10%11.82%15.98%18.88%29.06%32.66%16.69%19.57%
Gross Profit
1,3941,2971,2471,1091,034960.7841.53842.96713.59762.83713.7666.74706.81602.98579.69561.66618.45542.04524.09510.4
Operating Income
504.33538.69-1,069486.84438.96346.62254.61313.43219.74285.17234.82231.65305.96183.34147.52152.83236.27174.98188.67205.59
Net Income
445728.6796.44280.56301.89257.96119.97449.85254.71127.1583.91127.47103.0425.67-3.73-6.7789.7861.9358.67179.66
Earnings Per Share
0.611.020.140.410.450.400.190.730.420.220.150.240.200.05-0.01-0.010.200.140.130.42
EPS Growth
35.56%155.00%-26.32%-43.84%7.14%81.82%26.67%204.17%110.00%340.00%--0%-64.29%--81.82%-17.65%-66.67%-45.45%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24
Seniors Housing Operating
2,9952,7902,5752,0701,9761,8681,7641,5141,3951,362
Triple-Net
414.84392.11381.62286.64273.75255.03195.1228.65142.08222.94
Outpatient Medical
45.7771.13143.93215.17211.81211.02201.57205197.24198.31
Corporate & Other
88.6498.3180.08113.7786.9589.1789.8310890.1976.75
Revenue (Total)
3,5453,3523,1812,6862,5482,4232,2512,0561,8251,860

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
1,9654,7045,0346,8074,4103,5023,5073,5652,7772,3881,9942,5822,204571.9631.68343.45363.34301.09269.27303.98
Total Debt
19,72119,98521,38018,16419,28717,01016,75816,15615,84514,58616,11917,83616,34015,37616,49915,51115,44515,09114,67714,214
Net Cash (Debt)
-17,756-15,281-16,347-11,357-14,877-13,508-13,252-12,591-13,069-12,198-14,125-15,254-14,136-14,804-15,868-15,168-15,082-14,790-14,408-13,910
Net Cash Growth
--------------------
Net Cash Per Share
-24.06-21.04-23.02-16.57-22.27-20.66-20.89-20.36-21.62-21.12-25.57-29.05-28.16-29.94-32.83-32.73-33.00-32.88-32.84-32.35

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
1,004670.01654.33858.36770.03598.96559.21684.98605.42406.81370.5439.06416.25376.06253.39355.99394.81324.52283.33353.08
Capital Expenditures
-390.29-383.05-425.2-364.63-353.91-378.06-528.34-430.21-406.93-378.08-482.36-399.66-373.4-327.9-338.22-301.67-264.51-233.85-276.86-194.86
Free Cash Flow
613.34286.96229.13493.73416.13220.930.87254.78198.4928.73-111.8639.442.8548.16-84.8354.32130.390.676.47158.22
Free Cash Flow Growth
47.39%29.90%642.26%93.79%109.65%669.02%-546.64%363.25%-40.35%--27.47%-67.12%-46.89%--65.67%-32.82%-53.92%-94.36%-20.54%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
39.34%38.68%39.20%41.28%40.56%39.65%37.39%41.01%39.10%41.02%40.79%40.12%42.44%38.63%38.17%38.11%42.00%38.84%40.03%41.17%
Operating Margin
14.23%16.07%-33.60%18.13%17.23%14.30%11.31%15.25%12.04%15.33%13.42%13.94%18.37%11.75%9.71%10.37%16.05%12.54%14.41%16.58%
Pretax Margin
11.31%22.79%3.55%10.59%12.00%10.39%5.50%21.99%14.34%7.41%4.78%8.38%6.60%2.03%-0.15%0.04%6.71%5.07%5.21%15.75%
Profit Margin
13.06%22.44%3.70%10.51%11.95%10.62%5.50%22.22%14.28%7.08%5.05%8.11%6.39%1.83%0.12%-0.18%6.50%4.71%5.06%15.35%
FCF Margin
17.30%8.56%7.20%18.38%16.33%9.12%1.37%12.39%10.88%1.54%-6.39%2.37%2.57%3.09%-5.59%3.69%8.85%6.50%0.49%12.76%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
0.8500.7400.7400.7400.7400.6700.6700.6700.6700.6100.6100.6100.6100.6100.6100.6100.6100.6100.6100.610
Dividend Per Share Growth
14.87%10.45%10.45%10.45%10.45%9.84%9.84%9.84%9.84%0%0%0%0%0%0%0%0%0%0%0%
Dividend Yield
0.33%0.38%0.40%0.41%0.43%0.44%0.53%0.52%0.58%0.66%0.68%0.75%0.75%0.85%0.94%0.95%0.74%0.63%0.71%0.74%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
104.1297.88133.53122.8686.8588.0580.2784.23101.21115.36136.62170.67351.70311.70218.50139.8392.53120.1897.4775.60
P/FCF Ratio
100.5397.7195.07104.93110.82141.66156.12213.91409.68-2743.47956.72679.42240.48168.77107.8798.9497.1369.0654.05
PS Ratio
12.7811.8411.9312.3011.0211.6810.0210.578.937.967.666.816.615.905.485.387.048.588.097.87