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Other financials

Income statement

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Revenue$3.4B+38.3%
Gross profit$1.3B+35.0%
Net income$752.3M+192%
EPS (diluted)$0.61+35.6%

Balance sheet

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Cash & equivalents$4.7B+34.3%
Total debt$2.1B+59.5%
Total equity$43.8B+29.0%
Total assets$67.2B+26.1%

Cash flow

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Operating cash flow$670.0M+11.9%
CapEx$269.8M+12.3%
Free cash flow$400.2M+11.6%

Valuation

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Market cap$168.93B+49.6%
Enterprise value$166.28B+51.4%

Profitability

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Gross margin39.8%+0.6pp
Net margin12.4%-0.5pp
FCF margin15.9%-1.4pp

Returns & leverage

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Return on equity3.7%+0.2pp
Debt / equity0.0×

Where this comes from

Calculated from Welltower’s reported figures.

$345.2Mebit+
$622.8MDepreciation Depletion & Amortization
=$968M

The source filing: Welltower’s 10-Q, filed April 29, 2026. Open the filing →

Filed
Apr 29, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000766704-26-000021

FAQ

What is Welltower's EBITDA?
Welltower (WELL) reported EBITDA of $968M in Q1 2026.
How has Welltower's EBITDA changed year-over-year?
Welltower's EBITDA increased by 19.0% year-over-year, from $813.61M to $968M.
What is the long-term trend for Welltower's EBITDA?
Over 3 years (2021 to 2024), Welltower's EBITDA has grown at a 17.4% compound annual growth rate (CAGR), from $1.7B to $2.75B.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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