Other
Construction In Progress Conversions
Welltower Construction In Progress Conversions decreased by 59.9% to $78.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 74.6%, from $307.36M to $78.01M. Over 3 years (FY 2022 to FY 2025), Construction In Progress Conversions shows an upward trend with a 63.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026Apr 29, 2026
How to read this metric
High conversion rates indicate efficient project management and timely delivery of new assets to the portfolio.
Detailed definition
This metric tracks the movement of assets from the 'construction in progress' account to other asset categories, typical...
Peer comparison
Standard for real estate and construction; comparable to 'Transfers from CIP to Fixed Assets'.
Metric ID:
other_construction_in_progress_conversionsHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $160.71M | $14.75M | $73.46M | $61.10M | $47.86M | $108.43M | $53.31M | $276.00M | $184.53M | $352.97M | $183.01M | $137.83M | $324.34M | $382.40M | $307.36M | $467.29M | $304.71M | $194.69M | $78.01M |
| QoQ Change | — | -90.8% | +398.2% | -16.8% | -21.7% | +126.6% | -50.8% | +417.7% | -33.1% | +91.3% | -48.2% | -24.7% | +135.3% | +17.9% | -19.6% | +52.0% | -34.8% | -36.1% | -59.9% |
| YoY Change | — | — | — | -62.0% | +224.6% | — | -27.4% | +351.7% | +285.6% | +225.5% | +243.3% | -50.1% | +75.8% | +8.3% | +67.9% | +239.0% | -6.1% | -49.1% | -74.6% |
Range$14.75M – $467.29M
CAGR-14.8%
Avg YoY Growth+96.8%
Median YoY Growth+67.9%
Current Streak3 quarters decline
Construction In Progress Conversions at Other Companies
Frequently Asked Questions
- What is Welltower's construction in progress conversions?
- Welltower (WELL) reported construction in progress conversions of $78.01M in Q1 2026.
- How has Welltower's construction in progress conversions changed year-over-year?
- Welltower's construction in progress conversions decreased by 74.6% year-over-year, from $307.36M to $78.01M.
- What is the long-term trend for Welltower's construction in progress conversions?
- Over 3 years (2022 to 2025), Welltower's construction in progress conversions has grown at a 63.6% compound annual growth rate (CAGR), from $290.85M to $1.27B.
- What does construction in progress conversions mean?
- The transfer of costs from construction projects to completed asset accounts.