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.
Follow WELL
Welltower Inc. (WELL) Free cash flow
Welltower Inc.'s free cash flow for fiscal 2025 was $7.1B, up 677.1% from $907.5M in fiscal 2024. Over the twelve months to 30 June 2026 it was $9.3B. Over the past ten years it has ranged from −$2.4B (fiscal 2021) to $7.1B (fiscal 2025) — the current reading is the highest in ten years. Welltower Inc. ranks 1st of 16 Reit Healthcare Facilities companies by free cash flow.
Free cash flow, annual
Embed this chart
Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $7.1B | 677.07% |
| FY2024 | $907.5M | 446.74% |
| FY2023 | $166.0M | (60.52%) |
| FY2022 | $420.5M | — |
| FY2021 | −$2.4B | — |
| FY2020 | $4.3B | — |
| FY2019 | −$425.4M | — |
| FY2018 | −$861.4M | — |
| FY2017 | $2.3B | 90.69% |
| FY2016 | $1.2B | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $1.3B | (37.51%) |
| Mar 2026 | $2.0B | (62.53%) |
| Dec 2025 | $5.4B | 779.12% |
| Sep 2025 | $611.2M | 18.00% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| WELL Welltower Inc. | $9.3B |
| HR Healthcare Realty Trust Incorporated compare | $1.4B |
| VTR Ventas, Inc. compare | $1.4B |
| OHI Omega Healthcare Investors, Inc. compare | $832.2M |
| AHR American Healthcare REIT, Inc. compare | $216.6M |
| DOC Healthpeak Properties, Inc. compare | −$19.3M |
| NHI National Health Investors, Inc. compare | −$57.6M |
| SBRA Sabra Healthcare REIT, Inc. compare | −$277.2M |
| CTRE CareTrust REIT, Inc. compare | −$542.9M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on WELL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement