Other
Payments for Capital Improvements
Welltower Payments for Capital Improvements decreased by 14.1% to $269.83M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.3%, from $240.35M to $269.83M. Over 4 years (FY 2021 to FY 2025), Payments for Capital Improvements shows an upward trend with a 38.8% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Consistent spending is necessary for asset health, while excessive spending relative to revenue may indicate aging assets requiring significant reinvestment.
Detailed definition
Represents cash expenditures made to maintain, renovate, or upgrade existing properties to ensure they remain competitiv...
Peer comparison
Standard 'CapEx' metric for property-owning companies.
Metric ID:
other_payments_for_capital_improvementsHistorical 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 | $65.70M | $71.21M | $116.90M | $90.23M | $109.84M | $115.77M | $160.18M | $91.34M | $113.64M | $129.11M | $183.59M | $132.51M | $165.09M | $241.15M | $318.79M | $240.35M | $232.88M | $263.06M | $313.98M | $269.83M |
| QoQ Change | — | +8.4% | +64.2% | -22.8% | +21.7% | +5.4% | +38.4% | -43.0% | +24.4% | +13.6% | +42.2% | -27.8% | +24.6% | +46.1% | +32.2% | -24.6% | -3.1% | +13.0% | +19.4% | -14.1% |
| YoY Change | — | — | — | — | +67.2% | +62.6% | +37.0% | +1.2% | +3.5% | +11.5% | +14.6% | +45.1% | +45.3% | +86.8% | +73.6% | +81.4% | +41.1% | +9.1% | -1.5% | +12.3% |
Range$65.70M – $318.79M
CAGR+34.6%
Avg YoY Growth+36.9%
Median YoY Growth+39.0%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Seniors Housing Operating | $134.67M | $208.66M | — | $219.24M | $196.39M | $219.32M | — | $246.50M |
| Outpatient Medical | $24.78M | $24.33M | $28.70M | $15.47M | $22.25M | $33.38M | $3.35M | $12.15M |
| Triple-net | $5.64M | $8.16M | $12.96M | $5.64M | $14.24M | $10.36M | $9.12M | $11.18M |
| Total | $165.09M | $241.15M | $318.79M | $240.35M | $232.88M | $263.06M | $313.98M | $269.83M |
Payments for Capital Improvements at Other Companies
Frequently Asked Questions
- What is Welltower's payments for capital improvements?
- Welltower (WELL) reported payments for capital improvements of $269.83M in Q1 2026.
- How has Welltower's payments for capital improvements changed year-over-year?
- Welltower's payments for capital improvements increased by 12.3% year-over-year, from $240.35M to $269.83M.
- What is the long-term trend for Welltower's payments for capital improvements?
- Over 4 years (2021 to 2025), Welltower's payments for capital improvements has grown at a 38.8% compound annual growth rate (CAGR), from $282.59M to $1.05B.
- What does payments for capital improvements mean?
- Cash spent on maintaining and upgrading existing properties.