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Welltower Inc.

$232.67 +$45.73 (+24.46%)

NYSE · 15 Sep 2026 17:54 UTC

Previous Close

$234.21

Day Range

$229.74$233.81

Year Range

$163.75$255.2

Market Cap

167.66B

AVG Volume

3.26M

Trailing/Forward PE

120.55/71.6

PEG ratio

8.38

Dividend Yield

1.32%

Next Earnings Date

2026-10-26

Primary Exchange

New York Stock Exchange

Revenue (USD)

WELL Revenue (USD) by year
Period	Revenue (USD)
2025	10.67B
2024	7.85B
2023	6.48B
2022	5.78B
2021	4.71B
2020	4.59B
2019	5.1B
2018	4.67B
2017	4.3B
2016	4.25B

Net Income (USD)

WELL Net Income (USD) by year
Period	Net Income (USD)
2025	936.85M
2024	951.68M
2023	340.09M
2022	141.21M
2021	336.14M
2020	978.84M
2019	1.23B
2018	804.95M
2017	522.77M
2016	1.08B

Operating Income (USD)

WELL Operating Income (USD) by year
Period	Operating Income (USD)
2025	355.17M
2024	1.15B
2023	940.45M
2022	746.22M
2021	763.36M
2020	727.45M
2019	1.24B
2018	1.16B
2017	1.11B
2016	1.31B

EBITDA (USD)

WELL EBITDA (USD) by year
Period	EBITDA (USD)
2025	2.31B
2024	2.78B
2023	2.4B
2022	2.04B
2021	1.71B
2020	1.53B
2019	2.14B
2018	1.92B
2017	1.72B
2016	2.14B

Cash Flows (USD)

WELL Cash Flows (USD) by year
Period	Cash Flows (USD)
2025	2.85B
2024	2.2B
2023	1.55B
2022	1.3B
2021	1.26B
2020	1.35B
2019	1.52B
2018	1.58B
2017	1.42B
2016	1.61B

EPS (USD)

WELL EPS (USD) by year
Period	EPS (USD)
2025	1.39
2024	1.56
2023	0.64
2022	0.32
2021	0.78
2020	2.33
2019	3.05
2018	2.01
2017	1.27
2016	2.81

Expenses (USD)

WELL Expenses (USD) by year
Period	Expenses (USD)
2025	1.78B
2024	293.61M
2023	229.79M
2022	180.88M
2021	146.08M
2020	145.87M
2019	141.82M
2018	134.29M
2017	135.5M
2016	172.18M

Cash & Debt (USD)

WELL Cash & Debt (USD) by year
Period	Cash & Debt (USD)
2025	5.03B
2024	3.51B
2023	1.99B
2022	631.68M
2021	269.26M
2020	1.55B
2019	284.92M
2018	215.38M
2017	243.78M
2016	419.38M

Debt ratios

WELL Debt ratios by year
Period	Debt ratios
2025	1.72
2024	1.48
2023	1.84
2022	1.93
2021	1.97
2020	1.73
2019	1.91
2018	1.69

Margins

WELL Margins by year
Period	Margins
2025	39.18%
2024	38.5%
2023	39.06%
2022	38.39%
2021	41.09%
2020	43.36%
2019	47.26%
2018	47.91%
2017	51.53%
2016	55.85%

Return on Capital

WELL Return on Capital by year
Period	Return on Capital
2025	2.17%
2024	2.92%
2023	1.29%
2022	0.66%
2021	1.77%
2020	5.68%
2019	7.26%
2018	5.03%
2017	3.42%
2016	6.87%

Shares Outstanding

WELL Shares Outstanding by year
Period	Shares Outstanding
2025	689.58M
2024	625.67M
2023	548.89M
2022	483.31M
2021	436.91M
2020	417.12M
2019	405.97M
2018	378.24M
2017	370.49M
2016	362.09M

Dividends (USD)

WELL Dividends (USD) by year
Period	Dividends (USD)
2026	2.33
2025	2.82
2024	2.56
2023	2.44
2022	2.44
2021	2.44
2020	2.7
2019	3.48
2018	3.48
2017	3.48

Employee Count

WELL Employee Count by year
Period	Employee Count
2025	712
2024	685
2023	533
2022	514
2021	464
2020	423
2019	443
2018	384
2017	392
2016	466

Book Value Per Share (USD)

WELL Book Value Per Share (USD) by year
Period	Book Value Per Share (USD)
2025	62.65
2024	52.06
2023	48.05
2022	44.27
2021	43.48
2020	41.29
2019	41.83
2018	42.33
2017	41.3
2016	43.3

Total Assets (USD)

WELL Total Assets (USD) by year
Period	Total Assets (USD)
2025	67.3B
2024	51.04B
2023	44.01B
2022	37.89B
2021	34.91B
2020	32.48B
2019	33.38B
2018	30.34B
2017	27.94B
2016	28.87B

PE Ratio

WELL PE Ratio by year
Period	PE Ratio
Sep 26	122.69
Sep 26	123.38
Sep 26	123.67
Aug 26	124.66
Aug 26	125.27
Aug 26	123.33
Aug 26	124.06
Jul 26	122.76
Jul 26	125.33
Jul 26	120.94
Jul 26	115.15
Jul 26	117.37
Jun 26	113.03
Jun 26	102.75
Jun 26	106.51
Jun 26	102.89
May 26	102.09
May 26	107.48
May 26	106.27
May 26	106.71
May 26	107.85
Apr 26	153.65
Apr 26	154.96
Apr 26	152.8
Apr 26	148.93
Mar 26	144.1
Mar 26	144.23
Mar 26	152.97
Mar 26	150.37
Feb 26	152.45
Feb 26	153.24
Feb 26	155.1
Feb 26	137.17
Jan 26	131.88
Jan 26	128.6
Jan 26	133.99
Jan 26	130.28
Jan 26	130.89
Dec 25	131.53
Dec 25	130.23
Dec 25	130.74
Dec 25	143.05
Nov 25	145.79
Nov 25	139.98
Nov 25	135.7
Nov 25	133.2
Oct 25	126.76
Oct 25	103.42
Oct 25	101.77
Oct 25	96.45
Oct 25	101.74
Sep 25	101.66
Sep 25	96.01
Sep 25	98.3
Sep 25	97.54
Aug 25	97.81
Aug 25	95.57
Aug 25	94.68
Aug 25	97.66
Aug 25	96.62
Jul 25	96.03
Jul 25	94.53
Jul 25	92.22
Jul 25	90.8
Jun 25	90.42
Jun 25	89.89
Jun 25	90.58
Jun 25	91.8
May 25	91.7
May 25	88.66
May 25	88.39
May 25	88.67
May 25	89.58
Apr 25	96.62
Apr 25	96.82
Apr 25	93.8
Apr 25	94.2
Mar 25	100.86
Mar 25	96.33
Mar 25	97.2
Mar 25	96.94
Feb 25	100.92
Feb 25	97.68
Feb 25	98.6
Feb 25	95.2
Jan 25	91.12
Jan 25	91.3
Jan 25	86.35
Jan 25	83.31
Jan 25	84
Dec 24	83.45
Dec 24	83.21
Dec 24	86.2
Dec 24	87.71
Nov 24	92.25
Nov 24	92.07
Nov 24	90.81
Nov 24	92.27
Nov 24	88.97
Oct 24	131.8

Free Cash Flow Yield

WELL Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	1.61%
Sep 26	1.6%
Sep 26	1.6%
Aug 26	1.59%
Aug 26	1.58%
Aug 26	1.6%
Aug 26	1.59%
Jul 26	1.61%
Jul 26	1.44%
Jul 26	1.49%
Jul 26	1.57%
Jul 26	1.54%
Jun 26	1.6%
Jun 26	1.76%
Jun 26	1.7%
Jun 26	1.76%
May 26	1.77%
May 26	1.68%
May 26	1.7%
May 26	1.69%
May 26	1.67%
Apr 26	1.98%
Apr 26	1.96%
Apr 26	1.99%
Apr 26	2.04%
Mar 26	2.11%
Mar 26	2.11%
Mar 26	1.99%
Mar 26	2.02%
Feb 26	1.99%
Feb 26	1.98%
Feb 26	1.96%
Feb 26	2.08%
Jan 26	2.17%
Jan 26	2.22%
Jan 26	2.13%
Jan 26	2.19%
Jan 26	2.18%
Dec 25	2.17%
Dec 25	2.2%
Dec 25	2.19%
Dec 25	2%
Nov 25	1.96%
Nov 25	2.04%
Nov 25	2.11%
Nov 25	2.15%
Oct 25	2.26%
Oct 25	2.19%
Oct 25	2.23%
Oct 25	2.35%
Oct 25	2.23%
Sep 25	2.23%
Sep 25	2.36%
Sep 25	2.31%
Sep 25	2.33%
Aug 25	2.32%
Aug 25	2.37%
Aug 25	2.4%
Aug 25	2.32%
Aug 25	2.35%
Jul 25	2.3%
Jul 25	2.34%
Jul 25	2.4%
Jul 25	2.43%
Jun 25	2.44%
Jun 25	2.46%
Jun 25	2.44%
Jun 25	2.41%
May 25	2.41%
May 25	2.49%
May 25	2.5%
May 25	2.49%
May 25	2.47%
Apr 25	2.39%
Apr 25	2.39%
Apr 25	2.46%
Apr 25	2.45%
Mar 25	2.29%
Mar 25	2.4%
Mar 25	2.38%
Mar 25	2.38%
Feb 25	2.29%
Feb 25	2.36%
Feb 25	2.34%
Feb 25	2.31%
Jan 25	2.41%
Jan 25	2.4%
Jan 25	2.54%
Jan 25	2.63%
Jan 25	2.61%
Dec 24	2.63%
Dec 24	2.64%
Dec 24	2.55%
Dec 24	2.5%
Nov 24	2.38%
Nov 24	2.38%
Nov 24	2.42%
Nov 24	2.38%
Nov 24	2.47%
Oct 24	2.26%

Price to Sales

WELL Price to Sales by year
Period	Price to Sales
Sep 26	13.09
Sep 26	13.17
Sep 26	13.2
Aug 26	13.3
Aug 26	13.37
Aug 26	13.16
Aug 26	13.24
Jul 26	13.1
Jul 26	15.23
Jul 26	14.7
Jul 26	13.99
Jul 26	14.26
Jun 26	13.73
Jun 26	12.48
Jun 26	12.94
Jun 26	12.5
May 26	12.4
May 26	13.06
May 26	12.91
May 26	12.97
May 26	13.1
Apr 26	13.49
Apr 26	13.61
Apr 26	13.42
Apr 26	13.08
Mar 26	12.66
Mar 26	12.67
Mar 26	13.43
Mar 26	13.21
Feb 26	13.39
Feb 26	13.46
Feb 26	13.62
Feb 26	13.51
Jan 26	12.99
Jan 26	12.66
Jan 26	13.2
Jan 26	12.83
Jan 26	12.89
Dec 25	12.95
Dec 25	12.83
Dec 25	12.88
Dec 25	14.09
Nov 25	14.36
Nov 25	13.79
Nov 25	13.36
Nov 25	13.12
Oct 25	12.48
Oct 25	12.79
Oct 25	12.58
Oct 25	11.93
Oct 25	12.58
Sep 25	12.57
Sep 25	11.87
Sep 25	12.16
Sep 25	12.06
Aug 25	12.1
Aug 25	11.82
Aug 25	11.71
Aug 25	12.08
Aug 25	11.95
Jul 25	12.36
Jul 25	12.17
Jul 25	11.87
Jul 25	11.69
Jun 25	11.64
Jun 25	11.57
Jun 25	11.66
Jun 25	11.81
May 25	11.8
May 25	11.41
May 25	11.38
May 25	11.41
May 25	11.53
Apr 25	11.71
Apr 25	11.73
Apr 25	11.37
Apr 25	11.42
Mar 25	12.22
Mar 25	11.67
Mar 25	11.78
Mar 25	11.75
Feb 25	12.23
Feb 25	11.84
Feb 25	11.95
Feb 25	11.86
Jan 25	11.35
Jan 25	11.37
Jan 25	10.75
Jan 25	10.37
Jan 25	10.46
Dec 24	10.39
Dec 24	10.36
Dec 24	10.74
Dec 24	10.92
Nov 24	11.49
Nov 24	11.47
Nov 24	11.31
Nov 24	11.49
Nov 24	11.08
Oct 24	11.22

EV/EBITDA

WELL EV/EBITDA by year
Period	EV/EBITDA
Sep 26	60.63
Sep 26	60.94
Sep 26	61.07
Aug 26	61.51
Aug 26	61.78
Aug 26	60.91
Aug 26	61.24
Jul 26	60.66
Jul 26	72.68
Jul 26	70.34
Jul 26	67.25
Jul 26	68.43
Jun 26	66.12
Jun 26	60.63
Jun 26	62.64
Jun 26	60.7
May 26	60.28
May 26	63.16
May 26	62.51
May 26	62.75
May 26	63.35
Apr 26	69.38
Apr 26	69.91
Apr 26	69.03
Apr 26	67.46
Mar 26	65.5
Mar 26	65.56
Mar 26	69.1
Mar 26	68.05
Feb 26	68.89
Feb 26	69.21
Feb 26	69.97
Feb 26	40.67
Jan 26	39.23
Jan 26	38.33
Jan 26	39.81
Jan 26	38.79
Jan 26	38.96
Dec 25	39.13
Dec 25	38.78
Dec 25	38.92
Dec 25	42.28
Nov 25	43.02
Nov 25	41.44
Nov 25	40.27
Nov 25	39.59
Oct 25	37.83
Oct 25	39.54
Oct 25	38.97
Oct 25	37.14
Oct 25	38.96
Sep 25	38.93
Sep 25	36.99
Sep 25	37.77
Sep 25	37.51
Aug 25	37.6
Aug 25	36.83
Aug 25	36.53
Aug 25	37.55
Aug 25	37.2
Jul 25	39.75
Jul 25	39.21
Jul 25	38.36
Jul 25	37.84
Jun 25	37.7
Jun 25	37.51
Jun 25	37.76
Jun 25	38.21
May 25	38.17
May 25	37.06
May 25	36.96
May 25	37.06
May 25	37.39
Apr 25	37.86
Apr 25	37.93
Apr 25	36.9
Apr 25	37.04
Mar 25	39.32
Mar 25	37.77
Mar 25	38.06
Mar 25	37.98
Feb 25	39.34
Feb 25	38.23
Feb 25	38.54
Feb 25	37.44
Jan 25	36.04
Jan 25	36.1
Jan 25	34.4
Jan 25	33.35
Jan 25	33.59
Dec 24	33.41
Dec 24	33.32
Dec 24	34.35
Dec 24	34.87
Nov 24	36.43
Nov 24	36.37
Nov 24	35.93
Nov 24	36.43
Nov 24	35.3
Oct 24	35.88

Price/Operating Cashflow

WELL Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	48.81
Sep 26	49.09
Sep 26	49.2
Aug 26	49.6
Aug 26	49.84
Aug 26	49.07
Aug 26	49.36
Jul 26	48.84
Jul 26	59.74
Jul 26	57.65
Jul 26	54.89
Jul 26	55.95
Jun 26	53.88
Jun 26	48.98
Jun 26	50.78
Jun 26	49.05
May 26	48.67
May 26	51.24
May 26	50.66
May 26	50.87
May 26	51.41
Apr 26	49.95
Apr 26	50.38
Apr 26	49.68
Apr 26	48.42
Mar 26	46.85
Mar 26	46.89
Mar 26	49.73
Mar 26	48.89
Feb 26	49.56
Feb 26	49.82
Feb 26	50.43
Feb 26	47.28
Jan 26	45.45
Jan 26	44.32
Jan 26	46.18
Jan 26	44.9
Jan 26	45.11
Dec 25	45.33
Dec 25	44.88
Dec 25	45.06
Dec 25	49.3
Nov 25	50.24
Nov 25	48.24
Nov 25	46.77
Nov 25	45.91
Oct 25	43.69
Oct 25	44.71
Oct 25	43.99
Oct 25	41.69
Oct 25	43.98
Sep 25	43.95
Sep 25	41.51
Sep 25	42.5
Sep 25	42.17
Aug 25	42.28
Aug 25	41.31
Aug 25	40.93
Aug 25	42.22
Aug 25	41.77
Jul 25	42.45
Jul 25	41.79
Jul 25	40.77
Jul 25	40.14
Jun 25	39.97
Jun 25	39.74
Jun 25	40.04
Jun 25	40.58
May 25	40.54
May 25	39.2
May 25	39.08
May 25	39.2
May 25	39.6
Apr 25	40.75
Apr 25	40.84
Apr 25	39.56
Apr 25	39.73
Mar 25	42.54
Mar 25	40.63
Mar 25	40.99
Mar 25	40.89
Feb 25	42.57
Feb 25	41.2
Feb 25	41.58
Feb 25	42.15
Jan 25	40.35
Jan 25	40.43
Jan 25	38.24
Jan 25	36.89
Jan 25	37.2
Dec 24	36.95
Dec 24	36.85
Dec 24	38.17
Dec 24	38.84
Nov 24	40.85
Nov 24	40.77
Nov 24	40.21
Nov 24	40.86
Nov 24	39.4
Oct 24	42.92

Price to Book

WELL Price to Book by year
Period	Price to Book
Sep 26	3.48
Sep 26	3.5
Sep 26	3.51
Aug 26	3.54
Aug 26	3.55
Aug 26	3.5
Aug 26	3.52
Jul 26	3.48
Jul 26	3.93
Jul 26	3.79
Jul 26	3.61
Jul 26	3.68
Jun 26	3.54
Jun 26	3.22
Jun 26	3.34
Jun 26	3.22
May 26	3.2
May 26	3.37
May 26	3.33
May 26	3.34
May 26	3.38
Apr 26	3.33
Apr 26	3.36
Apr 26	3.31
Apr 26	3.23
Mar 26	3.12
Mar 26	3.13
Mar 26	3.32
Mar 26	3.26
Feb 26	3.31
Feb 26	3.32
Feb 26	3.36
Feb 26	3.35
Jan 26	3.22
Jan 26	3.14
Jan 26	3.27
Jan 26	3.18
Jan 26	3.2
Dec 25	3.21
Dec 25	3.18
Dec 25	3.19
Dec 25	3.49
Nov 25	3.56
Nov 25	3.42
Nov 25	3.32
Nov 25	3.25
Oct 25	3.1
Oct 25	3.2
Oct 25	3.15
Oct 25	2.98
Oct 25	3.14
Sep 25	3.14
Sep 25	2.97
Sep 25	3.04
Sep 25	3.02
Aug 25	3.02
Aug 25	2.95
Aug 25	2.93
Aug 25	3.02
Aug 25	2.99
Jul 25	3.01
Jul 25	2.96
Jul 25	2.89
Jul 25	2.84
Jun 25	2.83
Jun 25	2.81
Jun 25	2.84
Jun 25	2.87
May 25	2.87
May 25	2.78
May 25	2.77
May 25	2.78
May 25	2.8
Apr 25	2.82
Apr 25	2.83
Apr 25	2.74
Apr 25	2.75
Mar 25	2.95
Mar 25	2.81
Mar 25	2.84
Mar 25	2.83
Feb 25	2.95
Feb 25	2.85
Feb 25	2.88
Feb 25	2.81
Jan 25	2.69
Jan 25	2.69
Jan 25	2.55
Jan 25	2.46
Jan 25	2.48
Dec 24	2.46
Dec 24	2.45
Dec 24	2.54
Dec 24	2.59
Nov 24	2.72
Nov 24	2.71
Nov 24	2.68
Nov 24	2.72
Nov 24	2.62
Oct 24	2.63

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News: WELL

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Key Reasons to Add Welltower Stock to Your Portfolio Right Now

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seekingalpha.com · 28 Aug 2026

Welltower: Put On Your Running Shoes (Rating Downgrade)

WELL is trading at historically high valuations, now over 3x the sector average FFO multiple. WELL's shift to the SHOP model and strong senior housing demand have driven double-digit dividend and NOI growth, with Q2 SHOP NOI up 20.5%. Despite operational strength and raised guidance, WELL faces significant downside risk if market sentiment or growth expectations falter.

seekingalpha.com · 21 Aug 2026

REITs Are Mispriced: Where I See Opportunity Today

Temporary headwinds can create major REIT upside. The market often overreacts to short-term problems. Buying quality REITs during downturns can pay off.