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Welltower Inc.

Data quality: 100%
WELL
NYSE Real Estate REIT - Healthcare Facilities
$196.73
▲ $0.12 (0.06%)
Mkt Cap: 137.27B
Day Range
$195.63 $198.50
52-Week Range
$130.29 $216.43
Volume
1,970,939
50D / 200D Avg
$198.78 / $179.49
Prev Close
$196.61

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (361 peers)

Metric Stock Sector Median
P/E 146.5 11.2
P/B 3.3 0.9
ROE % 2.5 6.1
Net Margin % 8.8 19.9
Rev Growth 5Y % 22.7 7.0
D/E 0.5 0.9

Analyst Price Target

Hold
$221.45 +12.6%
Low: $182.00 High: $246.00
Forward P/E
67.81
Forward EPS
$2.90
EPS Growth (est.)
+0.0%
Est. Revenue
13.10B

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2029 $5.26
$4.79 – $5.73
15.98B 1
FY2028 $3.35
$2.02 – $4.45
16.45B 5
FY2027 $3.27
$3.12 – $3.47
14.57B 6

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-02-10 $0.58 $1.45 +151.3%
2025-10-27 $1.30 $1.34 +3.1%
2025-07-28 $1.22 $1.28 +4.9%
2025-04-28 $1.15 $1.20 +4.3%
2025-02-11 $0.40 $1.13 +182.5%
2024-10-28 $1.04 $1.11 +6.7%
2024-07-29 $1.00 $1.05 +5.0%
2024-04-29 $0.94 $1.01 +7.4%

Insider Trading Activity

20 transactions
Date Insider Type Shares Price Value
Mar 5, 2026
Brown Brian Michael
Chief Legal Officer
grant 11,107 $11.29 $125,398.03
Mar 5, 2026
Brown Brian Michael
Chief Legal Officer
other 12,899 $11.29 $145,629.71
Dec 11, 2025
Lin Lauren
CLO, CCO and Secretary
other 639,495
Dec 11, 2025
Lin Lauren
CLO, CCO and Secretary
sell 30,229 $14.00 $423,206.00
Dec 11, 2025
IYER KAL
VP, Engineering
other 1,504,269
Dec 11, 2025
IYER KAL
VP, Engineering
sell 167,722 $14.00 $2,348,108.00
Dec 11, 2025
Wetterwald Julien
Chief Technology Officer
other 1,845,615
Dec 11, 2025
Wetterwald Julien
Chief Technology Officer
sell 120,000 $14.00 $1,680,000.00
Dec 11, 2025
Imberman Alan
CFO and Treasurer
other 771,587
Dec 11, 2025
Imberman Alan
CFO and Treasurer
sell 100,000 $14.00 $1,400,000.00
Dec 11, 2025
Fortunato David
CEO and President
other 9,293,517
Dec 11, 2025
Fortunato David
CEO and President
sell 860,570 $14.00 $12,047,980.00
Oct 13, 2025
Wetterwald Julien
Chief Technology Officer
grant 304,000
Oct 13, 2025
Imberman Alan
CFO and Treasurer
grant 284,200
Sep 26, 2025
Lin Lauren
CLO, CCO and Secretary
grant 205,550
Sep 16, 2025
Agee Brett T.
sell 36,374 $14.47 $527,001.23
Sep 15, 2025
Agee Brett T.
sell 7,015 $14.32 $100,454.80
Sep 5, 2025
Imberman Alan
CFO and Treasurer
other 80,000 $2.45
Aug 18, 2025
Agee Brett T.
sell 10,000 $12.82 $128,200.00
Aug 15, 2025
Agee Brett T.
sell 11,147 $12.63 $140,786.61

Dividend History

7 yr streak

Yield

0.02%

Payout Ratio

2.00%

Growth (3Y)

4.94%

Growth (5Y)

0.87%

Ex-Date Payment Date Amount Yield
Feb 25, 2026 Mar 10, 2026 $0.74 1.39%
Nov 10, 2025 Nov 20, 2025 $0.74 1.48%
Aug 12, 2025 Aug 21, 2025 $0.74 1.67%
May 14, 2025 May 22, 2025 $0.67 1.87%
Feb 25, 2025 Mar 06, 2025 $0.67 1.73%
Nov 13, 2024 Nov 21, 2024 $0.67 1.90%
Aug 12, 2024 Aug 21, 2024 $0.67 2.14%
May 10, 2024 May 22, 2024 $0.61 2.47%
Feb 22, 2024 Mar 07, 2024 $0.61 2.60%
Nov 13, 2023 Nov 22, 2023 $0.61 2.85%
Aug 14, 2023 Aug 23, 2023 $0.61 2.90%
May 15, 2023 May 23, 2023 $0.61 3.05%
Feb 27, 2023 Mar 08, 2023 $0.61 3.29%
Nov 17, 2022 Nov 30, 2022 $0.61 3.66%
Aug 22, 2022 Aug 31, 2022 $0.61 3.08%
May 23, 2022 May 31, 2022 $0.61 2.78%
Feb 28, 2022 Mar 08, 2022 $0.61 2.93%
Nov 15, 2021 Nov 23, 2021 $0.61 2.90%
Aug 11, 2021 Aug 19, 2021 $0.61 2.91%
May 10, 2021 May 20, 2021 $0.61 3.28%

Key Takeaways

Revenue grew 22.68% annually over 5 years — strong growth
ROE of 2.53% is below average
Generating 2.85B in free cash flow
P/E of 146.52 — premium valuation
Revenue growth is accelerating — 1Y growth exceeds 5Y average by 13.14%
Cash machine — converts 303.99% of earnings into free cash flow

Growth

Revenue Growth (5Y)
22.68%
Revenue (1Y)35.82%
Earnings (1Y)-1.56%
FCF Growth (3Y)35.50%

Quality

Return on Equity
2.53%
ROIC0.42%
Net Margin8.78%
Op. Margin3.33%

Safety

Debt / Equity
0.51
Current Ratio5.34
Interest Coverage0.54

Valuation

P/E Ratio
146.52
Forward P/E67.81
P/B Ratio3.26
EV/EBITDA432.51
Dividend Yield0.02%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 35.82% Revenue Growth (3Y) 28.32%
Earnings Growth (1Y) -1.56% Earnings Growth (3Y) 65.97%
Revenue Growth (5Y) 22.68% Earnings Growth (5Y) 29.21%
Profitability
Revenue (TTM) 10.67B Net Income (TTM) 936.85M
ROE 2.53% ROA 1.39%
Gross Margin 39.18% Operating Margin 3.33%
Net Margin 8.78% Free Cash Flow (TTM) 2.85B
ROIC 0.42% FCF Growth (3Y) 35.50%
Safety
Debt / Equity 0.51 Current Ratio 5.34
Interest Coverage 0.54
Dividends
Dividend Yield 0.02% Payout Ratio 2.00%
Dividend Growth (3Y) 4.94% Dividend Growth (5Y) 0.87%
Consecutive Div Years 7 yrs
Valuation
P/E Ratio 146.52 Forward P/E 67.81
P/B Ratio 3.26 P/S Ratio 12.87
PEG Ratio -12.26 Forward PEG N/A
EV/EBITDA 432.51 Fwd EV/EBITDA 35.35
Forward P/S 10.47 Fwd Earnings Yield 1.47%
FCF Yield 2.07%
Market Cap 137.27B Enterprise Value 153.62B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 10.67B 7.85B 6.48B 5.78B 4.71B
Net Income 936.85M 951.68M 340.09M 141.21M 336.14M
EPS (Diluted) 1.39 1.57 0.66 0.30 0.78
Gross Profit 4.18B 3.02B 2.53B 2.22B 1.93B
Operating Income 355.17M 1.15B 940.45M 746.22M 763.36M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 67.30B 51.04B 44.01B 37.89B 34.91B
Total Liabilities 24.10B 18.47B 17.64B 16.50B 15.91B
Shareholders' Equity 42.13B 31.96B 25.40B 20.29B 17.64B
Total Debt 21.38B 16.76B 16.12B 14.96B 14.68B
Cash & Equivalents 5.03B 3.51B 1.99B 631.68M 269.27M
Current Assets 9.91B 7.23B 4.96B 3.08B 2.58B
Current Liabilities 1.86B 1.37B 1.10B 1.17B 1.34B