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) Net margin
Welltower Inc.'s net margin over the twelve months to 30 June 2026 was 12.2%, up 3.5 percentage points from fiscal 2025 (8.64%). Over the past ten years it has ranged from 2.41% (fiscal 2022) to 24.1% (fiscal 2019); the current reading is higher than 36% of that period. That is above the Reit Healthcare Facilities industry median of 10.2% and above the Real Estate sector median of 7.83%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 8.64% | (3.27) |
| FY2024 | 11.9% | 6.79 |
| FY2023 | 5.12% | 2.71 |
| FY2022 | 2.41% | (4.68) |
| FY2021 | 7.09% | (14.16) |
| FY2020 | 21.3% | (2.81) |
| FY2019 | 24.1% | 7.93 |
| FY2018 | 16.1% | 5.39 |
| FY2017 | 10.7% | (12.91) |
| FY2016 | 23.7% | 2.45 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 12.6% | (9.19) |
| Mar 2026 | 21.7% | 18.71 |
| Dec 2025 | 3.03% | (7.42) |
| Sep 2025 | 10.5% | (1.40) |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| OHI Omega Healthcare Investors, Inc. compare | 68.5% |
| CTRE CareTrust REIT, Inc. compare | 62.1% |
| NHI National Health Investors, Inc. compare | 38.5% |
| WELL Welltower Inc. | 12.2% |
| DOC Healthpeak Properties, Inc. compare | 8.23% |
| SBRA Sabra Healthcare REIT, Inc. compare | 7.61% |
| AHR American Healthcare REIT, Inc. compare | 4.84% |
| VTR Ventas, Inc. compare | 4.08% |
| HR Healthcare Realty Trust Incorporated compare | −7.59% |
| Reit Healthcare Facilities industry median | 10.2% |
| Real Estate sector median | 7.83% |
| Market median | 0.44% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on WELL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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