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) Price to free cash flow
As of 9 October 2026, Welltower Inc. (WELL) trades at a price to free cash flow of 17.4×. Over the past ten years it has ranged from 0.0× (December 2022) to 348× (June 2024); the current reading is higher than 66% of that period. That is in line with the Reit Healthcare Facilities industry median of 17.1× and above the Real Estate sector median of 11.3×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 17.5× | (79.08%) |
| FY2024 | 83.7× | (70.13%) |
| FY2023 | 280× | 280.90% |
| FY2022 | 73.6× | — |
| FY2021 | 0.0× | — |
| FY2020 | 6.2× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 10.1× | (47.98%) |
| FY2016 | 19.4× | — |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 17.4× | 7.11% |
| Mar 2026 | 16.2× | (7.25%) |
| Dec 2025 | 17.5× | (71.99%) |
| Sep 2025 | 62.6× | (1.45%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| DOC Healthpeak Properties, Inc. compare | n/m |
| SBRA Sabra Healthcare REIT, Inc. compare | n/m |
| CTRE CareTrust REIT, Inc. compare | n/m |
| NHI National Health Investors, Inc. compare | n/m |
| HR Healthcare Realty Trust Incorporated compare | 4.2× |
| OHI Omega Healthcare Investors, Inc. compare | 16.0× |
| WELL Welltower Inc. | 17.4× |
| VTR Ventas, Inc. compare | 28.7× |
| AHR American Healthcare REIT, Inc. compare | 45.2× |
| Reit Healthcare Facilities industry median | 17.1× |
| Real Estate sector median | 11.3× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on WELL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- 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