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Welltower Inc.
WELLReal EstateGenerated Jul 5, 2026, 08:09 PM UTC
WELL (Welltower Inc.) analytical snapshot. Revenue grew +13.3% YoY to $6.64B. 5-year revenue CAGR +5.3%; 10y CAGR +7.9%. Net margin at 0.00% (contracting ▼). Market cap $166.64B at $236.06 per share. Trailing P/E 357.67, P/S 25.10, P/B 3.81. Graham number $30.35 (trades above intrinsic). Risk: Moderate. Macro: Risk-on · Supportive. Composite analytical score -1 (data confidence 74%). Descriptive analytics from public filings — not investment advice.
Market cap
$166.64B
705.91M shares
Price
$236.06
NYQ
P/E (ttm)
357.67
Revenue (FY)
$6.64B
YoY +13.3%
Net margin
0.00%
▼ 0.00pp
Free cash flow
—
Risk level
Moderate
Free SEC analysis
— computed from SEC filings, free to readFree previewFundamentals Analyst
Fundamentals
Fundamentals Analyst
score 15Improving
60% conf
Revenue grew +13.3% YoY to $6.64B. 5-year revenue CAGR +5.3%; 10y CAGR +7.9%. Net margin at 0.00% (contracting ▼).
- Revenue grew +13.3% YoY to $6.64B.
- 5-year revenue CAGR +5.3%; 10y CAGR +7.9%.
- Net margin at 0.00% (contracting ▼).
- Return on equity 0.00%, ROA 0.00%, ROIC 0.00%.
- Gross margin 0.00%, operating margin 0.00%.
- Debt/equity 0.41, current ratio —, net debt $13.23B.
- Asset turnover 0.10 — capital efficiency.
Revenue (FY)
$6.64B
YoY +13.3%
Net margin
0.00%
▼ 0.00pp
ROE
0.00%
ROA 0.00%
ROIC
0.00%
EPS (diluted)
$0.66
FY2025
Free cash flow
—
Debt / equity
0.41
Cash $4.70B
Current ratio
—
Equity $43.79B
Annual fundamentals — up to 10 years (SEC 10-K, US-GAAP)
| FY | Revenue | Rev YoY | Gross% | Op% | Net% | FCF | ROE% |
|---|---|---|---|---|---|---|---|
| 2016 | $3.34B | — | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2017 | $3.86B | +15.4% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2018 | $4.28B | +10.9% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2019 | $4.32B | +0.8% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2020 | $4.70B | +8.9% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2021 | $5.12B | +9.0% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2022 | $4.61B | -10.1% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2023 | $4.74B | +3.0% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2024 | $5.86B | +23.6% | 0.00 | 0.00 | 0.00 | — | 0.00 |
| 2025 | $6.64B | +13.3% | 0.00 | 0.00 | 0.00 | — | 0.00 |
Quarterly revenue trend (last 6 quarters, SEC 10-Q)
| Quarter end | Revenue | YoY | QoQ | Net margin |
|---|---|---|---|---|
| Mar 31, 2025 | $2.42B | +30.3% | — | — |
| Jun 30, 2025 | $4.97B | +34.9% | +105.2% | — |
| Jun 30, 2025 | $2.55B | -30.8% | -48.7% | — |
| Sep 30, 2025 | $7.66B | +33.4% | +200.5% | — |
| Sep 30, 2025 | $2.69B | -53.2% | -64.9% | — |
| Mar 31, 2026 | $3.35B | +38.3% | +24.8% | — |
Revenue (annual, SEC 10-K)
2016: 3,344
2017: 3,860
2018: 4,281
2019: 4,317
2020: 4,700
2021: 5,121
2022: 4,606
2023: 4,742
2024: 5,861
2025: 6,638
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Profitability trends (%)
GrossOperatingNet
Sources:SEC EDGAR — Company Facts (XBRL)
Free previewRegulatory Analyst
Filings & Ownership
Regulatory Analyst
score 20Improving
80% conf
Latest annual report (10-K) filed Feb 12, 2026. Latest quarterly report (10-Q) filed Apr 29, 2026. 16 recent 8-K material-event filings in the index.
- Latest annual report (10-K) filed Feb 12, 2026.
- Latest quarterly report (10-Q) filed Apr 29, 2026.
- 16 recent 8-K material-event filings in the index.
- Recent insider Form 4s: 0 buy vs 0 sell transactions.
- ~10,000+ recent 13F-HR filings reference Welltower Inc.; broad institutional reporting.
- Recent filers include AEW CAPITAL MANAGEMENT L P, AEW CAPITAL MANAGEMENT L P, AEW CAPITAL MANAGEMENT L P.
- 20 recent 13G passive institutional ownership notices.
Latest 10-K
Feb 12, 2026
Annual report
Latest 10-Q
Apr 29, 2026
8-K (recent)
16
Insider net
—
0B/0S
13F filers
10k+
Activist 13D
0
Recent 13F institutional filers (SEC EDGAR full-text)
| Filer | Form | Filed |
|---|---|---|
| AEW CAPITAL MANAGEMENT L P | 13F-HR | Apr 28, 2026 |
| AEW CAPITAL MANAGEMENT L P | 13F-HR | Feb 6, 2026 |
| AEW CAPITAL MANAGEMENT L P | 13F-HR | Nov 14, 2024 |
| AEW CAPITAL MANAGEMENT L P | 13F-HR | Feb 5, 2025 |
| AEW CAPITAL MANAGEMENT L P | 13F-HR | Nov 10, 2025 |
Recent 8-K material events
| Date | Form | Description |
|---|---|---|
| Jun 1, 2026 | 8-K | 8-K |
| May 22, 2026 | 8-K | 8-K |
| Apr 29, 2026 | 8-K | 8-K |
| Apr 28, 2026 | 8-K | 8-K |
| Mar 10, 2026 | 8-K | 8-K |
| Feb 10, 2026 | 8-K | 8-K |
| Oct 28, 2025 | 8-K | 8-K |
| Oct 27, 2025 | 8-K | 8-K |
Free previewSEC Filing Analyst
SEC Filing Deep-Analysis
SEC Filing Analyst
score -57Deteriorating
62% conf
4 risk signal(s), 1 positive signal(s) detected from XBRL filing diff analysis. 4 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- Going concern doubt: The term "going concern" appears in 6 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
- Material weakness in internal controls: The term "material weakness" appears in 22 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
- Substantial doubt about ability to continue: The term "substantial doubt" "ability to continue" appears in 5 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
- NEW: Restatement of financial statements in latest filing: The term "restate" "financial statements" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 2 filing(s).
- Operating cash flow exceeds net income: OCF is 8.29x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
- Endogenous analysis: 4 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- 3 new XBRL disclosure(s) in latest filing — expanding reporting scope.
- 20 disclosure(s) dropped from prior year — reduced reporting granularity.
- 1 new risk-language term(s) detected in filing text: Restatement of financial statements.
- Ongoing high-severity risk language: Going concern doubt, Material weakness in internal controls, Substantial doubt about ability to continue.
Revenue
$6.64B
+13.3% YoY
Net income
$193.3M
-31.8% YoY
Operating cash flow
$1.60B
+20.6% YoY
Total assets
$51.04B
+16.0% YoY
Total liabilities
$18.47B
+4.7% YoY
Long-term debt
$19.20B
+23.9% YoY
Cash & equivalents
$3.51B
+75.9% YoY
Stockholders equity
$31.96B
+25.8% YoY
Filing quality score
76/100
3 new disclosures
SEC XBRL metric changes (latest annual vs prior)
| Metric | Prior year | Latest year | Change | % Change |
|---|---|---|---|---|
| Revenue | $5.86B | $6.64B | $777.4M | +13.3% |
| Net income | $283.3M | $193.3M | $-90.0M | -31.8% |
| Operating cash flow | $1.33B | $1.60B | $273.2M | +20.6% |
| Total assets | $44.01B | $51.04B | $7.03B | +16.0% |
| Total liabilities | $17.64B | $18.47B | $831.3M | +4.7% |
| Long-term debt | $15.50B | $19.20B | $3.70B | +23.9% |
| Cash & equivalents | $1.99B | $3.51B | $1.51B | +75.9% |
| Stockholders equity | $25.40B | $31.96B | $6.55B | +25.8% |
| Accounts receivable | $330.1M | $222.5M | $-107.6M | -32.6% |
| SG&A expense | $150.4M | $179.1M | $28.7M | +19.1% |
| Interest expense | $514.4M | $489.9M | $-24.5M | -4.8% |
XBRL disclosure changes (new vs dropped concepts)
| Type | Concepts |
|---|---|
| Added | BusinessAcquisitionProFormaEarningsPerShareDiluted, BusinessAcquisitionsProFormaNetIncomeLoss, BusinessAcquisitionsProFormaRevenue |
| Removed | AccountsPayableCurrentAndNoncurrent, BelowMarketLeaseAmortizationIncomeAfterYearFive, BelowMarketLeaseAmortizationIncomeNextTwelveMonths, BelowMarketLeaseAmortizationIncomeYearFive, BelowMarketLeaseAmortizationIncomeYearFour, BelowMarketLeaseAmortizationIncomeYearThree, BelowMarketLeaseAmortizationIncomeYearTwo, BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents, BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt, CommonStockDividendsPerShareCashPaid |
Risk language in filing text (EDGAR full-text search)
| Term | Severity | Recent | Prior | Status |
|---|---|---|---|---|
| Going concern doubt | high | 6 | 1 | Ongoing |
| Material weakness in internal controls | high | 22 | 2 | Ongoing |
| Substantial doubt about ability to continue | high | 5 | 1 | Ongoing |
| Restatement of financial statements | high | 2 | 0 | NEW |
| Impairment charge | medium | 76 | 7 | Ongoing |
| Restructuring | medium | 32 | 2 | Ongoing |
| Off-balance sheet arrangements | medium | 97 | 8 | Ongoing |
| Related party transactions | low | 64 | 6 | Ongoing |
Filing signal breakdown
Red flags: 4
Positive: 1
Watch: 0
Red flags
Positive
Watch
Unlock the rest
- ProValuationMarket cap $166.64B at $236.06 per share.
- ProPrice & TechnicalsPrice $236.06 — uptrend (above 200-DMA); 1-month momentum positive.
- ProMacro & RatesMarket regime: Risk-on · Supportive.
- ProRisk ScorecardComposite risk: Moderate.
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3 sections free · 4 Pro sections locked · composite -1
Macro exposure
Rate-sensitive · High sensitivityMacro regime: Risk-on · Supportive. Welltower Inc. is a rate-sensitive name (high macro sensitivity) — a supportive backdrop, though defensives lag risk-on tapes.
Macro regime
Risk-on · Supportive
Yield curve
Normal
VIX
16.59
Fed funds
3.63%
CPI YoY
+4.2%
Analytical read
deterministic previewRevenue grew **+13.3%** YoY to $6.64B..
Risk
Moderate
Macro regime
Risk-on · Supportive
Macro exposure
Neutral
Descriptive analytics from public filings and macro data — not investment advice.
Peer comparison
Rate-sensitive groupHow WELL stacks up against tracked peers with similar macro sensitivity — by analytical score and macro exposure.
| Company | Score | Macro |
|---|---|---|
| Chubb Ltd. CB | 23 | Neutral |
| U.S. Bancorp USB | 17 | Neutral |
| Prologis Inc. PLD | 14 | Neutral |
| JPMorgan Chase & Co. JPM | 13 | Neutral |
| Bank of America Corp. BAC | 13 | Neutral |
| American Express Co. AXP | 11 | Neutral |
| Visa Inc. V | 8 | Neutral |
| Mastercard Inc. MA | 8 | Neutral |
| Public Storage PSA | 8 | Neutral |
| Dominion Energy D | 6 | Neutral |
| Charles Schwab Corp. SCHW | 6 | Neutral |
| Realty Income Corp. O | 4 | Neutral |
| NextEra Energy NEE | 0 | Neutral |
| Duke Energy Corp. DUK | 0 | Neutral |
| Wells Fargo & Co. WFC | -1 | Neutral |
| Welltower Inc. WELL● you | -1 | Neutral |
| Digital Realty Trust DLR | -6 | Neutral |
| Allstate Corp. ALL | -7 | Neutral |
| S&P Global SPGI | -8 | Neutral |
| American Water Works AWK | -9 | Neutral |
| Goldman Sachs Group GS | -10 | Neutral |
| Citigroup Inc. C | -11 | Neutral |
| Morgan Stanley MS | -13 | Neutral |
| BlackRock Inc. BLK | -15 | Neutral |
| American Electric Power AEP | -18 | Neutral |
| Crown Castle Inc. CCI | -18 | Neutral |
| American Tower Corp. AMT | -35 | Neutral |
| Moody's Corp. MCO | — | Neutral |
| PNC Financial Services PNC | — | Neutral |
| MetLife Inc. MET | — | Neutral |
| American International Group AIG | — | Neutral |
| Southern Company SO | — | Neutral |
| Equinix Inc. EQIX | — | Neutral |
| Simon Property Group SPG | — | Neutral |
| Truist Financial TFC | — | Neutral |
| Bank of New York Mellon BK | — | Neutral |
| Capital One Financial COF | — | Neutral |
| Travelers Cos. TRV | — | Neutral |
| Marsh & McLennan MMC | — | Neutral |
| CME Group Inc. CME | — | Neutral |
| Exelon Corp. EXC | — | Neutral |
| Xcel Energy XEL | — | Neutral |
| Equity Residential EQR | — | Neutral |