Before Invest
WELLTOWER INC. logo

WELLTOWER INC.

WELL
Real Estate Investment Trusts
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
Export XLSX
Unlock 12 years
Statement
Period
Annual Quarterly
Order
Format
% Change
Rows
USD ($)
$ in Thousands, shares in Thousands		LTMDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015Dec 31, 2014Dec 31, 2013Dec 31, 2012Dec 31, 2011
Revenues:
                
Resident fees and services
$ 10,383,244
$ 8,452,996
$ 6,027,149
$ 4,753,804
Rental income
1,936,910
1,967,935
1,570,278
1,556,073
Interest income
269,956
246,205
256,191
168,354
Other income
173,105
170,898
137,500
159,764
Total revenues
12,763,215
10,838,034
7,991,118
6,637,995
Expenses:
                
Property operating expenses
7,716,523
6,488,081
4,830,211
3,947,776
Depreciation and amortization
2,464,479
2,084,868
1,632,093
1,401,101
Interest expense
740,465
651,955
574,261
607,846
General and administrative expenses
1,755,462
1,748,435
235,491
179,091
Transaction costs
-
-
-
-
Loss (gain) on derivatives and financial instruments, net
(26,026)
(22,407)
27,887
2,120
Loss (gain) on derivatives, net
-
-
-
-
Realized loss of derivatives
-
-
-
-
Loss (gain) on extinguishment of debt, net
(5,800)
(9,245)
(2,130)
(7)
Provision for loan losses, net
(2,481)
(9,416)
10,125
9,809
Impairment of assets
79,605
121,283
92,793
36,097
Other expenses
288,610
201,201
117,459
108,341
Other expenses
-
-
-
-
Total expenses
13,074,489
11,318,059
7,466,676
6,287,948
Income (loss) from continuing operations before income taxes and other items
(311,274)
(480,025)
524,442
350,047
Income tax (expense) benefit
(52,996)
(7,116)
2,700
6,364
Income (loss) from unconsolidated entities
(27,823)
(14,297)
(496)
(53,442)
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net
1,901,353
1,449,043
451,611
67,898
Discontinued operations:
                
Income (loss) from continuing operations
1,615,252
961,837
972,857
358,139
Gain (loss) on sales of properties, net
-
-
-
-
Income (loss) from discontinued operations
-
-
-
-
Income (loss) from discontinued operations
-
-
-
-
Discontinued operations, net
-
-
-
-
Net income
1,615,252
961,837
972,857
358,139
Less:  Preferred stock dividends
-
-
-
-
Less: Preferred stock redemption charge
-
-
-
-
Less: Net income (loss) attributable to noncontrolling interests
64,578
24,992
21,177
18,045
Net income (loss) attributable to common stockholders
1,550,674
936,845
951,680
340,094
Weighted average number of common shares outstanding:
                
Basic (in shares)
704,812
665,639
602,975
515,629
Diluted (in shares)
732,137
679,521
608,750
518,701
Earnings per share:
                
Basic:
                
Income (loss) from continuing operations (in USD per share)
$ 2.3
$ 1.44
$ 1.61
$ 0.69
Discontinued operations, net
-
-
-
-
Net income (loss) attributable to common stockholders (in USD per share)
2.22
1.41
1.58
0.66
Diluted:
                
Income (loss) from continuing operations (in USD per share)
2.23
1.42
1.6
0.69
Discontinued operations, net
-
-
-
-
Net income (loss) attributable to common stockholders (in USD per share)
$ 2.17
$ 1.39
$ 1.57
$ 0.66
Other comprehensive income (loss):
                
Unrecognized actuarial gain (loss)
-
-
-
-
Foreign currency translation gain (loss)
(443,027)
676,953
(327,068)
223,920
Derivative and financial instruments designated as hedges gain (loss)
178,313
(605,892)
166,329
(245,095)
Total other comprehensive income (loss)
(264,714)
71,061
(160,739)
(21,175)
Total comprehensive income (loss)
1,350,538
1,032,898
812,118
336,964
Less: Total comprehensive income (loss) attributable to noncontrolling interests
55,610
23,988
10,091
27,637
Total comprehensive income (loss) attributable to common stockholders
$ 1,294,928
$ 1,008,910
$ 802,027
$ 309,327