Welltower
Welltower Inc. is a leading real estate investment trust (REIT) focused on the 'silver economy' through the ownership and management of seniors housing and healthcare infrastructure. The company operates at the intersection of housing, hospitality, and healthcare, leveraging a proprietary data science platform to invest in affluent micro-markets across the United States, United Kingdom, and Canada.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
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View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Seniors Housing Operating
primaryThis primary revenue driver consists of wellness housing and assisted living communities managed by third-party operators under incentive-based contracts. The company utilizes the RIDEA structure to participate in the operating cash flows of these vibrant communities for mature renters.
Wellness Housing, Independent Living, Assisted Living, Alzheimer’s/Dementia Care, Care Homes with or without Nursing (U.K.)
Seniors, Older adults requiring memory care, Mature renters (55+)
Triple-net
majorProperties in this segment are leased to healthcare operators under long-term master leases where the tenant is responsible for all operating costs. These facilities provide a range of services from independent living to high-acuity post-acute care.
Long-Term/Post-Acute Care Facilities, Skilled Nursing Facilities, Continuing Care Retirement Communities (CCRC)
Healthcare operators, Post-acute care providers, Skilled nursing tenants
Outpatient Medical
moderateThis segment focuses on medical office buildings and outpatient facilities affiliated with major health systems. These properties are typically leased to investment-grade healthcare providers and are located on or adjacent to hospital campuses.
Outpatient Medical Buildings, Satellite Health System Locations
Investment-grade health systems, Physician groups, Healthcare providers
Segment Financials
Seniors Housing Operating — Interest Income
View metricSeniors Housing Operating — Other income
View metricSeniors Housing Operating — Number of real estate properties
View metricTriple-net — Compensation
View metricTriple-net — Buildings and improvements
View metricTriple-net — Repairs & maintenance
View metricOutpatient Medical — Number of real estate properties
View metricOutpatient Medical — Buildings and improvements
View metricOutpatient Medical — Total Assets
View metricBusiness Overview
Competitive Position
A dominant S&P 500 healthcare REIT positioned at the center of the silver economy with a significant portfolio of seniors housing and outpatient medical assets.
Geographies
United States, United Kingdom, Canada
Customer Segments
Healthcare Operators, Senior Citizens, Health Systems
Upstream Dependencies
Capital markets (equity and debt), Real estate developers, Construction contractors, Data science and analytics providers
Downstream Customers
Senior residents, Healthcare patients, Health systems, Physician practices
Competitors & Partners
Competitors
Partners
Care UK
Major operating partner in the Seniors Housing Operating segment
Cogir Management Company
Key management partner for seniors housing properties
Sunrise Senior Living
Strategic operating partner for senior housing communities
Integra Healthcare Properties
Significant tenant in the Triple-net lease segment
Subsidiaries
Welltower OP LLC
The primary operating partnership through which substantially all business is conducted
Welltower FAQ
Common questions about Welltower
Welltower Inc. is a leading real estate investment trust (REIT) focused on the 'silver economy' through the ownership and management of seniors housing and healthcare infrastructure. The company operates at the intersection of housing, hospitality, and healthcare, leveraging a proprietary data science platform to invest in affluent micro-markets across the United States, United Kingdom, and Canada.
Welltower (WELL) has a market capitalization of $152.48B and trades on NYSE.
Welltower generated $11.8B in trailing twelve-month revenue with net income of $1.5B, representing a net margin of 12.4%. Gross margin stands at 39.8%, with free cash flow of $1.9B. These figures are based on the Q1 2026 filing.
Welltower's key competitors include Ventas, Inc., Omega Healthcare Investors, Inc., Healthpeak Properties, Inc., and others. These companies compete in similar markets and product categories.
Welltower has approximately 533 employees.