Welltower Payments for Capital Improvements increased by 12.3% to $269.83M in Q1 2026 compared to the prior quarter.
Higher spending may indicate a strategic push to modernize infrastructure or expand capacity, while lower spending may suggest maintenance-only investment.
Represents cash outflows for the acquisition or upgrade of physical assets, such as office equipment, technology infrast...
Standard capital expenditure (CapEx) metric used to assess asset-light vs. asset-heavy business models.
investing_payments_for_capital_improvements| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $240.35M | $269.83M |
| QoQ Change | — | +12.3% |
| YoY Change | — | +12.3% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Seniors Housing Operating | $134.67M | $208.66M | — | $219.24M | $196.39M | $219.32M | — | $246.50M |
| Outpatient Medical | $24.78M | $24.33M | $28.70M | $15.47M | $22.25M | $33.38M | $3.35M | $12.15M |
| Triple-net | $5.64M | $8.16M | $12.96M | $5.64M | $14.24M | $10.36M | $9.12M | $11.18M |
| Total | — | — | — | $240.35M | — | — | — | $269.83M |