Other
Redemption of OP Units and DownREIT Units (in shares)
Welltower Redemption of OP Units and DownREIT Units (in shares) decreased by 61.7% to 395.6K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.7%, from 554.7K to 395.6K. Over 4 years (FY 2021 to FY 2025), Redemption of OP Units and DownREIT Units (in shares) shows an upward trend with a 312.6% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 29, 2026
How to read this metric
High conversion activity may indicate unit holders seeking liquidity or exiting their partnership positions, potentially impacting share count.
Detailed definition
The number of shares issued or redeemed related to the conversion of Operating Partnership (OP) units or DownREIT units...
Peer comparison
Standard for REITs utilizing UPREIT structures.
Metric ID:
other_conversion_of_stock_shares_converted1Historical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '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 | 1.4K | 1.4K | 1.4K | 1.4K | 1.4K | 1.4K | 1.4K | 272K | 497 | 62.1K | 980 | 19.1K | 475.8K | 0 | 0 | 554.7K | 2.3K | 3K | 1M | 395.6K |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | >999% | -99.8% | >999% | -98.4% | >999% | >999% | -100.0% | — | — | -99.6% | +32.2% | >999% | -61.7% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | >999% | -63.8% | >999% | -28.7% | -93.0% | >999% | -100.0% | -100.0% | >999% | -99.5% | — | — | -28.7% |
Range0 – 1M
CAGR+229.4%
Avg YoY Growth>999%
Median YoY Growth-14.3%
Redemption of OP Units and DownREIT Units (in shares) at Other Companies
Frequently Asked Questions
- What is Welltower's redemption of op units and downreit units (in shares)?
- Welltower (WELL) reported redemption of op units and downreit units (in shares) of 395.6K in Q1 2026.
- How has Welltower's redemption of op units and downreit units (in shares) changed year-over-year?
- Welltower's redemption of op units and downreit units (in shares) decreased by 28.7% year-over-year, from 554.7K to 395.6K.
- What is the long-term trend for Welltower's redemption of op units and downreit units (in shares)?
- Over 4 years (2021 to 2025), Welltower's redemption of op units and downreit units (in shares) has grown at a 312.6% compound annual growth rate (CAGR), from 5.5K to 1.6M.
- What does redemption of op units and downreit units (in shares) mean?
- Shares issued or redeemed due to the conversion of partnership units into common stock.