Business Segments · Property taxes
Outpatient Medical — Property taxes
Welltower Outpatient Medical — Property taxes decreased by 38.7% to $10.28M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 34.5%, from $15.70M to $10.28M. Over 3 years (FY 2022 to FY 2025), Outpatient Medical — Property taxes shows relatively stable performance with a -0.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025
How to read this metric
Rising taxes can compress net operating income margins, while stable or decreasing taxes support profitability.
Detailed definition
The total tax liability assessed by local or regional government authorities on outpatient medical real estate assets. T...
Peer comparison
Common line item in property operating statements for all commercial real estate firms.
Metric ID:
well_segment_outpatient_medical_property_taxesHistorical Data
16 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.05M | $16.05M | $16.05M | $16.05M | $17.86M | $17.86M | $17.86M | $17.86M | $18.81M | $18.10M | $18.01M | $15.70M | $18.24M | $17.98M | $16.78M | $10.28M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +11.3% | +0.0% | +0.0% | +0.0% | +5.3% | -3.8% | -0.5% | -12.8% | +16.2% | -1.4% | -6.7% | -38.7% |
| YoY Change | — | — | — | — | +11.3% | +11.3% | +11.3% | +11.3% | +5.3% | +1.3% | +0.8% | -12.1% | -3.0% | -0.7% | -6.8% | -34.5% |
Range$10.28M – $18.81M
CAGR-11.2%
Avg YoY Growth-0.4%
Median YoY Growth+1.1%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Welltower's outpatient medical — property taxes?
- Welltower (WELL) reported outpatient medical — property taxes of $10.28M in Q4 2025.
- How has Welltower's outpatient medical — property taxes changed year-over-year?
- Welltower's outpatient medical — property taxes decreased by 34.5% year-over-year, from $15.70M to $10.28M.
- What is the long-term trend for Welltower's outpatient medical — property taxes?
- Over 3 years (2022 to 2025), Welltower's outpatient medical — property taxes has grown at a -0.5% compound annual growth rate (CAGR), from $64.21M to $63.29M.
- What does outpatient medical — property taxes mean?
- The annual property tax expense associated with the outpatient medical real estate portfolio.