Discontinued — last reported Q4 '25

Operating

D&A

Welltower D&A decreased by 0.4% to $14.22M in Q4 2025 compared to the prior quarter.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025Feb 12, 2026

How to read this metric

Higher levels indicate significant capital investment in infrastructure or acquisitions, while lower levels may suggest aging assets or limited capital expenditure.

Detailed definition

This represents the non-cash expense allocated to the cost of tangible and intangible assets over their useful lives. Be...

Peer comparison

High in capital-intensive industries like manufacturing and healthcare devices; lower in service-based sectors.

Metric ID: depreciation_and_amortization_cf

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$240.89M$267.75M$5.59M$310.30M$353.70M$9.79M$341.95M$339.31M$13.11M$382.05M$403.78M$14.15M$13.73M$14.27M$14.22M
QoQ Change+11.2%-97.9%>999%+14.0%-97.2%>999%-0.8%-96.1%>999%+5.7%-96.5%-3.0%+3.9%-0.4%
YoY Change+28.8%+32.1%+75.1%+10.2%-4.1%+33.8%+11.7%+19.0%+8.0%-96.4%-96.5%
Range$5.59M$403.78M
CAGR-55.4%
Avg YoY Growth+2.0%
Median YoY Growth+11.7%

Business Segments

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Senior Housing Operating$220.41M$220.43M$215.20M$236.80M$253.53M$279.69M
Outpatient Medical$61.96M$64.18M$66.28M$65.92M$66.92M$66.53M$66.75M$66.50M
Triple Net$55.48M$54.53M$55.23M$58.20M$63.07M$62.54M$61.77M$57.58M
Total$9.79M$341.95M$339.31M$13.11M$382.05M$403.78M

Outpatient Medical, Senior Housing Operating, Triple Net were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Welltower's d&a?
Welltower (WELL) reported d&a of $14.22M in Q4 2025.
What does d&a mean?
The non-cash accounting expense for the wear and tear or expiration of assets.