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Welltower Inc.

EDGAR

HCN Quarterly report (10-Q) · filed 2026-10-27

Annual consolidated revenue for 2025: about USD 8.453B, using the latest reported figures. The previous period, 2024, was about USD 6.027B.

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Watchlist

Latest quarter

Revenue

3.72 billion USD

2026 Q3 · USD

Exact inputs and evidence

Revenue: 3715777000 USD Source

Operating cash flow

1 billion USD

2026 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: 2676688000 USD Source
Operating Cash Flow: 1673639000 USD Source

Cash and cash equivalents: 2.27 billion USD 2026-09-30 Source
Exact value

2274910000 USD
Long-term debt including current maturities: 18.2 billion USD 2026-09-30 Source
Exact value

18154098000 USD
Shares outstanding: 732 million shares 2026-09-30 Source
Exact value

731995408 shares

Reported share-count change

7.00% · 47.9 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

684108350 shares · 2025-09-30· Source
731995408 shares · 2026-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Operating cash flow

3.33 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Operating cash flow: 2881677000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 2227348000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 670011000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 1673639000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: 670011000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 2676688000 USD · 2026-01-01 – 2026-09-30 Source
Operating cash flow: 1673639000 USD · 2026-01-01 – 2026-06-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-27.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2025-12-31
operating income: No compatible figures in this window
net income: No compatible figures in this window
Operating cash flow: 11 of 11 periods available· newest 2025-12-31
capital expenditure: No compatible figures in this window
Total assets: 11 of 11 periods available· newest 2025-12-31
Total liabilities: 11 of 11 periods available· newest 2025-12-31
current assets: No compatible figures in this window
current liabilities: No compatible figures in this window
Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+40.2%

Prior period

USD 6.03 billion

2024-01-01 – 2024-12-31
Current period

USD 8.45 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

8452996000 − 6027149000 = 2425847000 USD

6027149000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
8452996000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Welltower Inc. · 2025-12-31 Welltower Inc. (edgar:766704) Year-over-year change in Revenue: 2425847000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 8452996000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm#4208205 Filing: 000076670426000010 Input fundies:Revenue: 6027149000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm#4209739 Filing: 000076670426000010
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+27.7%

Prior period

USD 2.26 billion

2024-01-01 – 2024-12-31
Current period

USD 2.88 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

2881677000 − 2256421000 = 625256000 USD

2256421000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
2881677000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · Welltower Inc. · 2025-12-31 Welltower Inc. (edgar:766704) Year-over-year change in Operating cash flow: 625256000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 2881677000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm#2699054 Filing: 000076670426000010 Input fundies:OperatingCashFlow: 2256421000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm#2699684 Filing: 000076670426000010
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Net income, Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 8.45 billion 100% of revenue
Operating costs Derived Unavailable An input is unavailable.
Operating income Unavailable An input is unavailable.
Tax, interest and other Derived Unavailable An input is unavailable.
Net income Unavailable An input is unavailable.

Cash

Operating cash flow USD 2.88 billion 34% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 Not shown: operating income or net income is not reported.
2017 Not shown: operating income or net income is not reported.
2018 Not shown: operating income or net income is not reported.
2019 Not shown: operating income or net income is not reported.
2020 Not shown: operating income or net income is not reported.
2021 Not shown: operating income or net income is not reported.
2022 Not shown: operating income or net income is not reported.
2023 Not shown: operating income or net income is not reported.
2024 Not shown: operating income or net income is not reported.
2025 Not shown: operating income or net income is not reported.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	4281160000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2016-01-01 – 2016-12-31: 4281160000 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: 1639064000 USD Inspect Operating Cash Flow Open source
2017 2017-01-01 – 2017-12-31	4316641000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2017-01-01 – 2017-12-31: 4316641000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: 1434177000 USD Inspect Operating Cash Flow Open source
2018 2018-01-01 – 2018-12-31	4700499000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2018-01-01 – 2018-12-31: 4700499000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 1583944000 USD Inspect Operating Cash Flow Open source
2019 2019-01-01 – 2019-12-31	5121306000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2019-01-01 – 2019-12-31: 5121306000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 1535968000 USD Inspect Operating Cash Flow Open source
2020 2020-01-01 – 2020-12-31	4605967000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2020-01-01 – 2020-12-31: 4605967000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: 1364756000 USD Inspect Operating Cash Flow Open source
2021 2021-01-01 – 2021-12-31	3197223000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2021-01-01 – 2021-12-31: 3197223000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 1275325000 USD Inspect Operating Cash Flow Open source
2022 2022-01-01 – 2022-12-31	4173711000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2022-01-01 – 2022-12-31: 4173711000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 1328708000 USD Inspect Operating Cash Flow Open source
2023 2023-01-01 – 2023-12-31	4753804000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2023-01-01 – 2023-12-31: 4753804000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 1601861000 USD Inspect Operating Cash Flow Open source
2024 2024-01-01 – 2024-12-31	6027149000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2024-01-01 – 2024-12-31: 6027149000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 2256421000 USD Inspect Operating Cash Flow Open source
2025 2025-01-01 – 2025-12-31	8452996000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2025-01-01 – 2025-12-31: 8452996000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 2881677000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 8.5B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Revenue	4281160000	Revenue: 4281160000 Open source
20172017-12-31	Revenue	4316641000	Revenue: 4316641000 Open source
20182018-12-31	Revenue	4700499000	Revenue: 4700499000 Open source
20192019-12-31	Revenue	5121306000	Revenue: 5121306000 Open source
20202020-12-31	Revenue	4605967000	Revenue: 4605967000 Open source
20212021-12-31	Revenue	3197223000	Revenue: 3197223000 Open source
20222022-12-31	Revenue	4173711000	Revenue: 4173711000 Open source
20232023-12-31	Revenue	4753804000	Revenue: 4753804000 Open source
20242024-12-31	Revenue	6027149000	Revenue: 6027149000 Open source
20252025-12-31	Revenue	8452996000	Revenue: 8452996000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

40.2% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	10.9%	Revenue: 4281160000 Open source Revenue: 3859826000 Open source
20172017-12-31	Year over year	0.8%	Revenue: 4316641000 Open source Revenue: 4281160000 Open source
20182018-12-31	Year over year	8.9%	Revenue: 4700499000 Open source Revenue: 4316641000 Open source
20192019-12-31	Year over year	9%	Revenue: 5121306000 Open source Revenue: 4700499000 Open source
20202020-12-31	Year over year	-10.1%	Revenue: 4605967000 Open source Revenue: 5121306000 Open source
20212021-12-31	Year over year	-30.6%	Revenue: 3197223000 Open source Revenue: 4605967000 Open source
20222022-12-31	Year over year	30.5%	Revenue: 4173711000 Open source Revenue: 3197223000 Open source
20232023-12-31	Year over year	13.9%	Revenue: 4753804000 Open source Revenue: 4173711000 Open source
20242024-12-31	Year over year	26.8%	Revenue: 6027149000 Open source Revenue: 4753804000 Open source
20252025-12-31	Year over year	40.2%	Revenue: 8452996000 Open source Revenue: 6027149000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Not enough comparable data to show this history.

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Operating margin	Not reported	Revenue: 4281160000 Open source
2017-12-31	Operating margin	Not reported	Revenue: 4316641000 Open source
2018-12-31	Operating margin	Not reported	Revenue: 4700499000 Open source
2019-12-31	Operating margin	Not reported	Revenue: 5121306000 Open source
2020-12-31	Operating margin	Not reported	Revenue: 4605967000 Open source
2021-12-31	Operating margin	Not reported	Revenue: 3197223000 Open source
2022-12-31	Operating margin	Not reported	Revenue: 4173711000 Open source
2023-12-31	Operating margin	Not reported	Revenue: 4753804000 Open source
2024-12-31	Operating margin	Not reported	Revenue: 6027149000 Open source
2025-12-31	Operating margin	Not reported	Revenue: 8452996000 Open source
2016-12-31	Net margin	Not reported	Revenue: 4281160000 Open source
2017-12-31	Net margin	Not reported	Revenue: 4316641000 Open source
2018-12-31	Net margin	Not reported	Revenue: 4700499000 Open source
2019-12-31	Net margin	Not reported	Revenue: 5121306000 Open source
2020-12-31	Net margin	Not reported	Revenue: 4605967000 Open source
2021-12-31	Net margin	Not reported	Revenue: 3197223000 Open source
2022-12-31	Net margin	Not reported	Revenue: 4173711000 Open source
2023-12-31	Net margin	Not reported	Revenue: 4753804000 Open source
2024-12-31	Net margin	Not reported	Revenue: 6027149000 Open source
2025-12-31	Net margin	Not reported	Revenue: 8452996000 Open source
20162016-12-31	Free cash flow margin	Not reported	Revenue: 4281160000 Open source Operating Cash Flow: 1639064000 Open source
20172017-12-31	Free cash flow margin	Not reported	Revenue: 4316641000 Open source Operating Cash Flow: 1434177000 Open source
20182018-12-31	Free cash flow margin	Not reported	Revenue: 4700499000 Open source Operating Cash Flow: 1583944000 Open source
20192019-12-31	Free cash flow margin	Not reported	Revenue: 5121306000 Open source Operating Cash Flow: 1535968000 Open source
20202020-12-31	Free cash flow margin	Not reported	Revenue: 4605967000 Open source Operating Cash Flow: 1364756000 Open source
20212021-12-31	Free cash flow margin	Not reported	Revenue: 3197223000 Open source Operating Cash Flow: 1275325000 Open source
20222022-12-31	Free cash flow margin	Not reported	Revenue: 4173711000 Open source Operating Cash Flow: 1328708000 Open source
20232023-12-31	Free cash flow margin	Not reported	Revenue: 4753804000 Open source Operating Cash Flow: 1601861000 Open source
20242024-12-31	Free cash flow margin	Not reported	Revenue: 6027149000 Open source Operating Cash Flow: 2256421000 Open source
20252025-12-31	Free cash flow margin	Not reported	Revenue: 8452996000 Open source Operating Cash Flow: 2881677000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 2.9B 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Operating cash flow	1639064000	Operating Cash Flow: 1639064000 Open source
20172017-12-31	Operating cash flow	1434177000	Operating Cash Flow: 1434177000 Open source
20182018-12-31	Operating cash flow	1583944000	Operating Cash Flow: 1583944000 Open source
20192019-12-31	Operating cash flow	1535968000	Operating Cash Flow: 1535968000 Open source
20202020-12-31	Operating cash flow	1364756000	Operating Cash Flow: 1364756000 Open source
20212021-12-31	Operating cash flow	1275325000	Operating Cash Flow: 1275325000 Open source
20222022-12-31	Operating cash flow	1328708000	Operating Cash Flow: 1328708000 Open source
20232023-12-31	Operating cash flow	1601861000	Operating Cash Flow: 1601861000 Open source
20242024-12-31	Operating cash flow	2256421000	Operating Cash Flow: 2256421000 Open source
20252025-12-31	Operating cash flow	2881677000	Operating Cash Flow: 2881677000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1639064000 Open source
20172017-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1434177000 Open source
20182018-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1583944000 Open source
20192019-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1535968000 Open source
20202020-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1364756000 Open source
20212021-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1275325000 Open source
20222022-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1328708000 Open source
20232023-12-31	Free cash flow	Unavailable	Operating Cash Flow: 1601861000 Open source
20242024-12-31	Free cash flow	Unavailable	Operating Cash Flow: 2256421000 Open source
20252025-12-31	Free cash flow	Unavailable	Operating Cash Flow: 2881677000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

35.8% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Liabilities / assets	45.7%	Total Liabilities: 13185279000 Open source Total Assets: 28865184000 Open source
20172017-12-31	Liabilities / assets	45.2%	Total Liabilities: 12643799000 Open source Total Assets: 27944445000 Open source
20182018-12-31	Liabilities / assets	47.2%	Total Liabilities: 14331427000 Open source Total Assets: 30342072000 Open source
20192019-12-31	Liabilities / assets	49.1%	Total Liabilities: 16398247000 Open source Total Assets: 33380751000 Open source
20202020-12-31	Liabilities / assets	47%	Total Liabilities: 15258580000 Open source Total Assets: 32483642000 Open source
20212021-12-31	Liabilities / assets	45.6%	Total Liabilities: 15912452000 Open source Total Assets: 34910325000 Open source
20222022-12-31	Liabilities / assets	43.5%	Total Liabilities: 16499237000 Open source Total Assets: 37893233000 Open source
20232023-12-31	Liabilities / assets	40.1%	Total Liabilities: 17640439000 Open source Total Assets: 44012166000 Open source
20242024-12-31	Liabilities / assets	36.2%	Total Liabilities: 18471722000 Open source Total Assets: 51044308000 Open source
20252025-12-31	Liabilities / assets	35.8%	Total Liabilities: 24100108000 Open source Total Assets: 67303047000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Current assets / current liabilities	Not reported	No source recorded
2017-12-31	Current assets / current liabilities	Not reported	No source recorded
2018-12-31	Current assets / current liabilities	Not reported	No source recorded
2019-12-31	Current assets / current liabilities	Not reported	No source recorded
2020-12-31	Current assets / current liabilities	Not reported	No source recorded
2021-12-31	Current assets / current liabilities	Not reported	No source recorded
2022-12-31	Current assets / current liabilities	Not reported	No source recorded
2023-12-31	Current assets / current liabilities	Not reported	No source recorded
2024-12-31	Current assets / current liabilities	Not reported	No source recorded
2025-12-31	Current assets / current liabilities	Not reported	No source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	Unavailable Not reported for this period.	USD 1.64 billion Exact value Exact value: 1639064000 USD 2016-01-01 – 2016-12-31: 1639064000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2016-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1639064000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1639064000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670419000014/a201810-k.htm#4765974 Filing: 000076670419000014 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2017 2017-01-01 – 2017-12-31	Unavailable Not reported for this period.	USD 1.43 billion Exact value Exact value: 1434177000 USD 2017-01-01 – 2017-12-31: 1434177000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2017-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1434177000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1434177000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670420000015/a201910-k.htm#4751964 Filing: 000076670420000015 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2018 2018-01-01 – 2018-12-31	Unavailable Not reported for this period.	USD 1.58 billion Exact value Exact value: 1583944000 USD 2018-01-01 – 2018-12-31: 1583944000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2018-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1583944000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1583944000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670421000018/well-20201231.htm#3769145 Filing: 000076670421000018 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2019 2019-01-01 – 2019-12-31	Unavailable Not reported for this period.	USD 1.54 billion Exact value Exact value: 1535968000 USD 2019-01-01 – 2019-12-31: 1535968000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2019-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1535968000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1535968000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670422000013/well-20211231.htm#3805274 Filing: 000076670422000013 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2020 2020-01-01 – 2020-12-31	Unavailable Not reported for this period.	USD 1.36 billion Exact value Exact value: 1364756000 USD 2020-01-01 – 2020-12-31: 1364756000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2020-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1364756000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1364756000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670423000010/well-20221231.htm#3890676 Filing: 000076670423000010 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2021 2021-01-01 – 2021-12-31	Unavailable Not reported for this period.	USD 1.28 billion Exact value Exact value: 1275325000 USD 2021-01-01 – 2021-12-31: 1275325000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2021-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1275325000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1275325000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670424000008/well-20231231.htm#3667258 Filing: 000076670424000008 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2022 2022-01-01 – 2022-12-31	Unavailable Not reported for this period.	USD 1.33 billion Exact value Exact value: 1328708000 USD 2022-01-01 – 2022-12-31: 1328708000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2022-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1328708000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1328708000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670425000009/well-20241231.htm#3701632 Filing: 000076670425000009 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2023 2023-01-01 – 2023-12-31	Unavailable Not reported for this period.	USD 1.6 billion Exact value Exact value: 1601861000 USD 2023-01-01 – 2023-12-31: 1601861000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2023-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 1601861000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1601861000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm#2700339 Filing: 000076670426000010 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2024 2024-01-01 – 2024-12-31	Unavailable Not reported for this period.	USD 2.26 billion Exact value Exact value: 2256421000 USD 2024-01-01 – 2024-12-31: 2256421000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2024-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 2256421000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2256421000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm#2699684 Filing: 000076670426000010 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2025 2025-01-01 – 2025-12-31	Unavailable Not reported for this period.	USD 2.88 billion Exact value Exact value: 2881677000 USD 2025-01-01 – 2025-12-31: 2881677000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Welltower Inc. · 2025-12-31 Welltower Inc. (edgar:766704) Operating Cash Flow: 2881677000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T23:10:10Z Snapshot: a761e8718591215bedcbb53b4e666fe119d3c64db77e6c66b792f81a00c8fc3c Dimensions: Consolidated View: https://fundies.io/companies/edgar/766704/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2881677000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm#2699054 Filing: 000076670426000010 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

168 filings · 8,724 latest values · 8,663 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000766704, 766704, HCN, WELL, edgar:766704

Also known as HEALTH CARE REIT INC /DE/, WELLTOWER INC., WELLTOWER INC. /DE/, Welltower Inc.

Welltower Inc.

Latest quarter

Revenue

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Reported share-count change

Trailing twelve months

Operating cash flow

Company performance

What changed year over year

Revenue

Operating cash flow

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

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Cash generation