Welltower Inc.
WELL Real Estate Reit Healthcare Facilities
Welltower Inc.’s revenue for fiscal 2025 (year ended December 2025) was $10.8 billion, up 35.6% from fiscal 2024. In the quarter to June 2026, revenue grew 39.1%, EPS grew 37.0%, free cash flow grew 142.9% and total debt rose 11.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.
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Welltower Inc. (WELL) Debt to equity
Welltower Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.4×, down 0.1× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.4× (fiscal 2025) to 0.9× (fiscal 2019) — the current reading is the lowest in ten years. That is below the Reit Healthcare Facilities industry median of 0.8× and below the Real Estate sector median of 0.8×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.4× | (6.78%) |
| FY2024 | 0.5× | (20.50%) |
| FY2023 | 0.6× | (12.88%) |
| FY2022 | 0.7× | (8.87%) |
| FY2021 | 0.8× | (7.03%) |
| FY2020 | 0.8× | (9.54%) |
| FY2019 | 0.9× | 6.48% |
| FY2018 | 0.8× | 7.96% |
| FY2017 | 0.8× | (2.81%) |
| FY2016 | 0.8× | (5.36%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.4× | (6.78%) |
| Mar 2026 | 0.4× | (10.33%) |
| Dec 2025 | 0.4× | 3.54% |
| Sep 2025 | 0.4× | (1.95%) |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| OHI Omega Healthcare Investors, Inc. compare | 0.0× |
| HR Healthcare Realty Trust Incorporated compare | 0.0× |
| CTRE CareTrust REIT, Inc. compare | 0.3× |
| WELL Welltower Inc. | 0.4× |
| AHR American Healthcare REIT, Inc. compare | 0.4× |
| NHI National Health Investors, Inc. compare | 0.8× |
| VTR Ventas, Inc. compare | 0.9× |
| SBRA Sabra Healthcare REIT, Inc. compare | 1.0× |
| DOC Healthpeak Properties, Inc. compare | 1.1× |
| Reit Healthcare Facilities industry median | 0.8× |
| Real Estate sector median | 0.8× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on WELL
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