Other
Property taxes
Welltower Property taxes increased by 3.0% to $83.73M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.8%, from $86.14M to $83.73M. Over 3 years (FY 2022 to FY 2025), Property taxes shows an upward trend with a 10.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Increases are typically driven by rising property valuations or tax rate hikes, which directly impact net operating income.
Detailed definition
The total amount of property taxes paid to local and state governments for the real estate assets owned by the company....
Peer comparison
Standard operating expense for all real estate owners, often benchmarked as a percentage of property value.
Metric ID:
other_real_estate_tax_expenseHistorical Data
17 periods
| 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 | $63.48M | $63.48M | $63.48M | $63.48M | $69.24M | $69.24M | $69.24M | $69.24M | $77.47M | $78.35M | $78.74M | $76.01M | $86.14M | $88.59M | $88.85M | $81.26M | $83.73M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.1% | +0.0% | +0.0% | +0.0% | +11.9% | +1.1% | +0.5% | -3.5% | +13.3% | +2.8% | +0.3% | -8.5% | +3.0% |
| YoY Change | — | — | — | — | +9.1% | +9.1% | +9.1% | +9.1% | +11.9% | +13.2% | +13.7% | +9.8% | +11.2% | +13.1% | +12.8% | +6.9% | -2.8% |
Range$63.48M – $88.85M
CAGR+7.2%
Avg YoY Growth+9.7%
Median YoY Growth+9.8%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Seniors Housing Operating | $61.93M | $64.61M | $66.16M | — | $72.70M |
| Triple-net | $5.97M | $6.00M | $5.90M | $5.79M | $5.80M |
| Outpatient Medical | $18.24M | $17.98M | $16.78M | $10.28M | $5.23M |
| Total | $86.14M | $88.59M | $88.85M | $81.26M | $83.73M |
Property taxes at Other Companies
Frequently Asked Questions
- What is Welltower's property taxes?
- Welltower (WELL) reported property taxes of $83.73M in Q1 2026.
- How has Welltower's property taxes changed year-over-year?
- Welltower's property taxes decreased by 2.8% year-over-year, from $86.14M to $83.73M.
- What is the long-term trend for Welltower's property taxes?
- Over 3 years (2022 to 2025), Welltower's property taxes has grown at a 10.7% compound annual growth rate (CAGR), from $253.92M to $344.84M.
- What does property taxes mean?
- The total property taxes paid on the company's real estate holdings.