NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP
Welltower Inc. WELL
18 fiscal years on record · USD · FY2025 reported · SEC filings only
In brief
What this company does
Written from the business description in WELLTOWER INC.'s annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.
Growth
USD 8.5B
Revenue, FY2025 · full 18-year series below
Revenue $B
Net income $B
FY2025 · Revenue 8.5 · Net income 1.0
Compound annual growth
+26.5%
+12.9%
+8.2%
+19.6%
+81.6%
−1.5%
+0.8%
+14.3%
+66.7%
−9.8%
−5.1%
+3.5%
+4.9%
+0.9%
−1.6%
+0.2%
+18.3%
+10.7%
+5.1%
+11.9%
3 yrs
5 yrs
10 yrs
15 yrs
Revenue compounded at +12.9% a year over five years.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
11 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2025 · Net 11.4%
ROE
FY2025 · ROE 2.6%
Each USD of equity produced 3 cents of profit this year.
The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 8.5 | 6.0 | 4.8 | 4.2 | 3.2 | 4.6 | 5.1 | 4.7 | 4.3 | 4.3 | 3.9 | 3.3 | 2.9 | 1.8 | 1.3 | 0.6 | 0.5 | 0.5 |
| Operating income $B | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| EBITDA $B | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| Income tax $B | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | 0.0 | −0.0 | 0.0 | −0.0 | −0.0 | 0.0 | 0.0 | 0.0 |
| Net income $B | 1.0 | 1.0 | 0.4 | 0.2 | 0.4 | 1.0 | 1.3 | 0.8 | 0.5 | 1.1 | 0.9 | 0.5 | 0.1 | 0.3 | 0.2 | 0.1 | 0.2 | 0.3 |
| Free cash flow $B | · | · | · | · | · | 1.0 | · | −2.0 | 0.6 | −0.5 | −2.0 | −1.1 | −2.6 | 3.7 | 5.1 | −1.7 | −0.2 | −0.7 |
| EPS, diluted $ | 1.39 | 1.57 | 0.66 | 0.30 | 0.78 | 2.33 | 3.05 | 2.02 | 1.26 | 2.81 | 2.34 | 1.45 | 0.28 | 0.98 | 0.90 | 0.83 | 1.49 | 2.76 |
| Dividend / sh $ | 2.82 | 2.56 | 2.44 | 2.44 | 2.44 | 2.70 | 3.48 | 3.48 | 3.48 | 3.44 | 3.30 | 3.18 | 3.06 | 2.96 | 2.83 | 2.74 | 2.72 | 2.70 |
| Payout % | 195 | 159 | 352 | 706 | 277 | 108 | 106 | 157 | 236 | 114 | 129 | 189 | 607 | 222 | 222 | 271 | 161 | 90 |
| ROE % | 2.6 | 3.4 | 1.6 | 0.8 | 2.2 | 6.6 | 8.8 | 5.7 | 3.7 | 7.4 | 6.4 | 4.2 | 1.3 | 3.4 | 3.7 | 3.1 | 5.1 | · |
| Shares out B | 0.70 | 0.64 | 0.56 | 0.49 | 0.45 | 0.42 | 0.41 | 0.38 | 0.37 | 0.36 | 0.35 | 0.33 | 0.29 | 0.26 | 0.19 | 0.15 | 0.12 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Compare
This company against its peers
Welltower Inc.vsEquinix Inc.Same industry: Real Estate Investment TrustsWelltower Inc.vsPrologis, Inc.Same industry: Real Estate Investment TrustsWelltower Inc.vsWeyerhaeuser Co.Same industry: Real Estate Investment TrustsWelltower Inc.vsIron Mountain Inc.Same industry: Real Estate Investment TrustsWelltower Inc.vsSimon Property Group Inc.Same industry: Real Estate Investment TrustsWelltower Inc.vsHost Hotels & Resorts, Inc.Same industry: Real Estate Investment TrustsWelltower Inc.vsVentas, Inc.Same industry: Real Estate Investment Trusts
Provenance
Company facts, as filed
How we verify · 0 failures in 53 reconciliationsAUDITED
Reconciled in 18 of 19 fiscal years. 5 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Investment Trusts
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2008