FY2025 · ended Dec 31, 2025 · Revenue $8.45B, +40.2% YoY · Filed Feb 12, 2026
Welltower Inc. (WELL) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $8.5 billion and net income of $961.8 million. As of Sep 30, 2026 it held $2.3 billion in cash and investments and $20.1 billion in total debt.
Revenue (TTM)
$11.44B
+49.4% vs year-ago TTM
Net income (TTM)
$1.75B
+80.6% vs year-ago TTM
Operating cash flow (TTM)
$3.33B
+19.5% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$2.28
+56.5% vs year-ago TTM
Dividend per share (TTM)
$3.07
+11.6% vs year-ago TTM
Shares outstanding
697.75M
+8.8% vs prior year
Net cash
$-17.85B
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- WELL (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Toledo, OH
- SEC filer status
- Large accelerated filer
- SEC CIK
- 766704
- Former names
- HEALTH CARE REIT INC /DE/ (until Sep 25, 2015)
Other Real Estate Investment Trusts companies
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
- Vivmark Residential VMRK
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $8.5B | $6.0B | $4.8B | $5.9B | $4.7B |
| Net income | $961.8M | $972.9M | $358.1M | $160.6M | $374.5M |
| Diluted EPS | $1.39 | $1.57 | $0.66 | $0.30 | $0.78 |
| Operating cash flow | $2.9B | $2.3B | $1.6B | $1.3B | $1.3B |
| Total assets | $67.3B | $51.0B | $44.0B | $37.9B | $34.9B |
| Total liabilities | $24.1B | $18.5B | $17.6B | $16.5B | $15.9B |
| Stockholders' equity | $42.1B | $32.0B | $25.4B | $20.3B | $17.6B |
| Cash and investments | $5.0B | $3.5B | $2.0B | $631.7M | $269.3M |
| Total debt | $21.4B | $16.8B | $16.1B | $15.1B | $14.5B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Oct 27, 2026 | Oct 27, 2026 |
| 10-Q | Quarterly report | Oct 27, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 26, 2026 | Oct 26, 2026 |
| 8-K |
Current report
Other events
|
Jul 28, 2026 | Jul 28, 2026 |
| 10-Q | Quarterly report | Jul 28, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 27, 2026 | Jul 27, 2026 |
All 1001 Welltower Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.