Business Segments · Capital improvements to existing properties
Triple-net — Capital improvements to existing properties
Welltower Triple-net — Capital improvements to existing properties decreased by 11.9% to $9.12M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 29.6%, from $12.96M to $9.12M. Over 4 years (FY 2021 to FY 2025), Triple-net — Capital improvements to existing properties shows relatively stable performance with a 1.3% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2025
How to read this metric
Higher spending may indicate proactive asset management or necessary repairs, while lower spending could suggest deferred maintenance or a newer portfolio.
Detailed definition
Represents the capital expenditures invested in maintaining or enhancing the physical condition and value of existing re...
Peer comparison
Commonly reported by REITs as recurring or non-recurring capital expenditures (CapEx).
Metric ID:
well_segment_triple_net_capital_improvements_to_existing_propertiesHistorical Data
19 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.34M | $9.34M | $9.34M | $8.29M | $16.72M | $14.51M | $8.53M | $4.43M | $7.36M | $6.15M | $15.66M | $6.06M | $5.64M | $8.16M | $12.96M | $5.64M | $14.24M | $10.36M | $9.12M |
| QoQ Change | — | +0.0% | +0.0% | -11.2% | +101.6% | -13.2% | -41.2% | -48.1% | +66.2% | -16.4% | +154.7% | -61.3% | -7.0% | +44.7% | +58.8% | -56.5% | +152.4% | -27.2% | -11.9% |
| YoY Change | — | — | — | — | +79.1% | +55.4% | -8.7% | -46.6% | -56.0% | -57.6% | +83.7% | +37.0% | -23.3% | +32.8% | -17.2% | -7.0% | +152.3% | +26.9% | -29.6% |
Range$4.43M – $16.72M
CAGR-0.5%
Avg YoY Growth+14.7%
Median YoY Growth-7.0%
Current Streak2 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Welltower's triple-net — capital improvements to existing properties?
- Welltower (WELL) reported triple-net — capital improvements to existing properties of $9.12M in Q4 2025.
- How has Welltower's triple-net — capital improvements to existing properties changed year-over-year?
- Welltower's triple-net — capital improvements to existing properties decreased by 29.6% year-over-year, from $12.96M to $9.12M.
- What is the long-term trend for Welltower's triple-net — capital improvements to existing properties?
- Over 4 years (2021 to 2025), Welltower's triple-net — capital improvements to existing properties has grown at a 1.3% compound annual growth rate (CAGR), from $37.35M to $39.36M.
- What does triple-net — capital improvements to existing properties mean?
- The amount spent on upgrading and maintaining current properties in the triple-net portfolio.