Welltower Inc. (WELL)
NYSE: WELL · Real-Time Price · USD
214.23
+4.23 (2.01%)
At close: Apr 28, 2026, 4:00 PM EDT
215.80
+1.57 (0.73%)
After-hours: Apr 28, 2026, 7:56 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 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 2020 - 2016 |
| Rental Revenue | 1,960 | 1,968 | 1,570 | 1,556 | 1,452 | 1,375 | Upgrade
|
| Other Revenue | 9,552 | 8,624 | 6,165 | 4,848 | 4,258 | 3,225 | Upgrade
|
| Total Revenue | 11,767 | 10,838 | 7,991 | 6,573 | 5,861 | 4,737 | Upgrade
|
| Revenue Growth (YoY | 37.55% | 35.63% | 21.58% | 12.15% | 23.71% | 3.29% | Upgrade
|
| Property Expenses | 7,081 | 6,488 | 4,830 | 3,948 | 3,559 | 2,677 | Upgrade
|
| Selling, General & Administrative | 1,752 | 1,748 | 235.49 | 179.09 | 150.39 | 126.73 | Upgrade
|
| Depreciation & Amortization | 2,222 | 2,085 | 1,632 | 1,401 | 1,310 | 1,038 | Upgrade
|
| Provision for Loan Losses | 5.78 | 9.42 | -10.13 | -9.81 | -10.32 | -7.27 | Upgrade
|
| Total Operating Expenses | 11,049 | 10,312 | 6,708 | 5,538 | 5,030 | 3,848 | Upgrade
|
| Operating Income | 717.64 | 526.07 | 1,283 | 1,035 | 830.77 | 889.28 | Upgrade
|
| Interest Expense | -699.71 | -651.96 | -574.26 | -607.85 | -529.52 | -489.85 | Upgrade
|
| Income (Loss) on Equity Investments | -17.25 | -14.3 | -0.5 | -53.44 | -21.29 | -22.93 | Upgrade
|
| Other Non-Operating Income | -273.9 | -223.61 | -89.57 | -106.22 | -110 | -34.41 | Upgrade
|
| EBT Excluding Unusual Items | -273.21 | -363.79 | 618.87 | 267.22 | 169.95 | 342.09 | Upgrade
|
| Gain (Loss) on Sale of Assets | 1,818 | 1,449 | 451.61 | 133.38 | 16.04 | 235.38 | Upgrade
|
| Asset Writedown | -73.71 | -121.28 | -92.79 | -36.1 | -17.5 | -51.11 | Upgrade
|
| Other Unusual Items | -3.82 | -9.25 | -2.13 | -0.01 | -0.68 | -143.17 | Upgrade
|
| Pretax Income | 1,467 | 954.72 | 975.56 | 364.5 | 167.82 | 383.19 | Upgrade
|
| Income Tax Expense | 10.04 | -7.12 | 2.7 | 6.36 | 7.25 | 8.71 | Upgrade
|
| Earnings From Continuing Operations | 1,457 | 961.84 | 972.86 | 358.14 | 160.57 | 374.48 | Upgrade
|
| Minority Interest in Earnings | -49.34 | -24.99 | -21.18 | -18.05 | -19.35 | -38.34 | Upgrade
|
| Net Income | 1,408 | 936.85 | 951.68 | 340.09 | 141.21 | 336.14 | Upgrade
|
| Net Income to Common | 1,408 | 936.85 | 951.68 | 340.09 | 141.21 | 336.14 | Upgrade
|
| Net Income Growth | 30.03% | -1.56% | 179.83% | 140.84% | -57.99% | -65.66% | Upgrade
|
| Basic Shares Outstanding | 680 | 666 | 603 | 516 | 462 | 425 | Upgrade
|
| Diluted Shares Outstanding | 698 | 680 | 609 | 519 | 465 | 427 | Upgrade
|
| Shares Change (YoY) | 11.12% | 11.63% | 17.36% | 11.51% | 8.98% | 2.27% | Upgrade
|
| EPS (Basic) | 2.07 | 1.41 | 1.58 | 0.66 | 0.31 | 0.79 | Upgrade
|
| EPS (Diluted) | 2.04 | 1.39 | 1.57 | 0.66 | 0.30 | 0.78 | Upgrade
|
| EPS Growth | 18.00% | -11.29% | 139.07% | 115.53% | -61.06% | -66.51% | Upgrade
|
| Dividend Per Share | 2.960 | 2.890 | 2.620 | 2.440 | 2.440 | 2.440 | Upgrade
|
| Dividend Growth | 10.45% | 10.30% | 7.38% | - | - | - | Upgrade
|
| Operating Margin | 6.10% | 4.85% | 16.06% | 15.74% | 14.17% | 18.77% | Upgrade
|
| Profit Margin | 11.96% | 8.64% | 11.91% | 5.17% | 2.41% | 7.09% | Upgrade
|
| EBITDA | 2,891 | 2,665 | 2,963 | 2,478 | 2,168 | 1,942 | Upgrade
|
| EBITDA Margin | 24.57% | 24.59% | 37.08% | 37.70% | 36.99% | 41.00% | Upgrade
|
| D&A For Ebitda | 2,174 | 2,139 | 1,680 | 1,443 | 1,337 | 1,053 | Upgrade
|
| EBIT | 717.64 | 526.07 | 1,283 | 1,035 | 830.77 | 889.28 | Upgrade
|
| EBIT Margin | 6.10% | 4.85% | 16.06% | 15.74% | 14.17% | 18.77% | Upgrade
|
| Funds From Operations (FFO) | 1,818 | 1,818 | 2,323 | 1,763 | 1,478 | 1,221 | Upgrade
|
| FFO Per Share | - | 2.68 | 3.82 | 3.40 | 3.18 | 2.86 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 1,818 | 2,323 | 1,763 | 1,478 | 1,221 | Upgrade
|
| AFFO Per Share | - | 2.68 | 3.82 | 3.40 | 3.18 | 2.86 | Upgrade
|
| FFO Payout Ratio | - | 103.30% | 66.51% | 71.49% | 76.55% | 84.86% | Upgrade
|
| Effective Tax Rate | 0.68% | - | 0.28% | 1.75% | 4.32% | 2.27% | Upgrade
|
| Revenue as Reported | 11,767 | 10,838 | 7,991 | 6,638 | 5,861 | 4,742 | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.