Discontinued — last reported Q3 '24

Business Segments · Net Income

Triple Net — Net Income

Welltower Triple Net — Net Income increased by 251.2% to $483.42M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 208.7%, from $156.58M to $483.42M. Over 2 years (FY 2021 to FY 2023), Triple Net — Net Income shows relatively stable performance with a 2.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ3 2024
Rolls up toNet Income

How to read this metric

Consistent growth in net income indicates a high-performing segment that effectively manages costs and capital, while volatility may indicate exposure to market fluctuations.

Detailed definition

This metric represents the final net income attributable to the Triple-net segment, including all operational, non-opera...

Peer comparison

Standard bottom-line segment reporting metric used across the real estate and healthcare REIT sectors.

Metric ID: well_segment_triple_net_net_income

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$200.25M$270.46M$188.83M$193.57M$177.85M$152.02M$163.53M$176.53M$232.61M$156.58M$201.02M$195.31M$137.63M$483.42M
QoQ Change+35.1%-30.2%+2.5%-8.1%-14.5%+7.6%+8.0%+31.8%-32.7%+28.4%-2.8%-29.5%+251.2%
YoY Change-11.2%-43.8%-13.4%-8.8%+30.8%+3.0%+22.9%+10.6%-40.8%+208.7%
Range$137.63M$483.42M
CAGR+31.2%
Avg YoY Growth+15.8%
Median YoY Growth-2.9%

Frequently Asked Questions

What is Welltower's triple net — net income?
Welltower (WELL) reported triple net — net income of $483.42M in Q3 2024.
How has Welltower's triple net — net income changed year-over-year?
Welltower's triple net — net income increased by 208.7% year-over-year, from $156.58M to $483.42M.
What is the long-term trend for Welltower's triple net — net income?
Over 2 years (2021 to 2023), Welltower's triple net — net income has grown at a 2.0% compound annual growth rate (CAGR), from $736.84M to $766.75M.
What does triple net — net income mean?
The final net profit of the Triple-net segment after all expenses and adjustments.