Welltower Inc. (WELL) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Welltower owns a diversified healthcare portfolio of 2,950 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes o...
Welltower Inc.'s revenue increased 35.6% year over year, from $7.99B to $10.84B.
Net income decreased 1.6% over the same period, from $951.7M to $936.8M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 153% in total.
Operating cash flow grew 27.7% to $2.88B.
Welltower Inc. maintains a moderate net profit margin of 8.6%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Equity |
|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $2.06B+12.6% | $449.8M | $843.0M | $765.1M | $685.0M | $48.95B | $30.33B |
| Q4 FY2024 | $2.25B+9.5% | $120.0M | $841.5M | $792.8M | $559.2M | $51.04B | $31.96B |
| Q1 FY2025 | $2.42B+7.7% | $258.0M | $960.7M | $896.9M | $599.0M | $53.29B | $33.96B |
| Q2 FY2025 | $2.55B+5.2% | $301.9M | $1.03B | $969.4M | $770.0M | $55.83B | $35.90B |
| Q3 FY2025 | $2.69B+5.4% | $280.6M | $1.11B | $1.05B | $858.4M | $59.50B | $38.76B |
| Q4 FY2025 | $3.18B+18.4% | $96.4M | $1.25B | $-310.3M | $654.3M | $67.30B | $42.13B |
| Q1 FY2026 | $3.35B+5.4% | $728.7M | $1.30B | $1.23B | $670.0M | N/A | N/A |
| Q2 FY2026 | $3.54B+5.7% | $445.0M | $1.39B | $1.33B | $1.00B | N/A | N/A |
Balance Sheet Summary (FY2025)
Welltower Inc. (WELL) Financial Statements & Revenue History
Welltower Inc. (WELL) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry trading at $234.85 with a market capitalization of $169. This page provides 42 historical financial statements for Welltower Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Welltower Inc. reported revenue of $10.8 billion, representing 35.6% year-over-year growth. The net profit margin of 8.6% indicates moderate profitability..
WELL Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Welltower Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether WELL is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track WELL's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Welltower Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of WELL's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use WELL Financial Data
Investors use Welltower Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare WELL's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how WELL's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View WELL's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Welltower Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.WELL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.