Free cash flow
Welltower Free cash flow increased by 17.6% to $400.18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.6%, from $358.61M to $400.18M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 16.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $269.55M | $281.87M | $166.43M | $234.29M | $284.97M | $240.23M | $93.21M | $284.72M | $302.61M | $309.94M | $186.91M | $274.30M | $440.33M | $443.83M | $240.42M | $358.61M | $537.16M | $595.30M | $340.35M | $400.18M |
| QoQ Change | — | +4.6% | -41.0% | +40.8% | +21.6% | -15.7% | -61.2% | +205.5% | +6.3% | +2.4% | -39.7% | +46.8% | +60.5% | +0.8% | -45.8% | +49.2% | +49.8% | +10.8% | -42.8% | +17.6% |
| YoY Change | — | — | — | — | +5.7% | -14.8% | -44.0% | +21.5% | +6.2% | +29.0% | +100.5% | -3.7% | +45.5% | +43.2% | +28.6% | +30.7% | +22.0% | +34.1% | +41.6% | +11.6% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Welltower's free cash flow?
- Welltower (WELL) reported free cash flow of $400.18M in Q1 2026.
- How has Welltower's free cash flow changed year-over-year?
- Welltower's free cash flow increased by 11.6% year-over-year, from $358.61M to $400.18M.
- What is the long-term trend for Welltower's free cash flow?
- Over 4 years (2021 to 2025), Welltower's free cash flow has grown at a 16.5% compound annual growth rate (CAGR), from $992.74M to $1.83B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.