Non-Current Assets

Right of use assets, net

Welltower Right of use assets, net decreased by 6.3% to $2.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 64.4%, from $1.23B to $2.02B. Over 5 years (FY 2020 to FY 2025), Right of use assets, net shows an upward trend with a 35.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase indicates a higher reliance on leased assets rather than owned assets for operations.

Detailed definition

The capitalized value of the company's right to use leased assets over the lease term, recognized under current accounti...

Peer comparison

Standard for any company with significant long-term lease commitments.

Metric ID: non_current_assets_lease_right_of_use_asset

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$453.62M$526.61M$522.80M$404.69M$324.72M$323.23M$323.94M$322.90M$322.32M$338.69M$350.97M$348.89M$360.28M$358.16M$1.20B$1.23B$1.28B$1.25B$2.16B$2.02B
QoQ Change+16.1%-0.7%-22.6%-19.8%-0.5%+0.2%-0.3%-0.2%+5.1%+3.6%-0.6%+3.3%-0.6%+235.4%+2.4%+4.0%-2.2%+72.6%-6.3%
YoY Change-28.4%-38.6%-38.0%-20.2%-0.7%+4.8%+8.3%+8.1%+11.8%+5.7%+242.2%+252.6%+255.0%+249.1%+79.7%+64.4%
Range$322.32M$2.16B
CAGR+37.0%
Avg YoY Growth+66.0%
Median YoY Growth+8.2%

Frequently Asked Questions

What is Welltower's right of use assets, net?
Welltower (WELL) reported right of use assets, net of $2.02B in Q1 2026.
How has Welltower's right of use assets, net changed year-over-year?
Welltower's right of use assets, net increased by 64.4% year-over-year, from $1.23B to $2.02B.
What is the long-term trend for Welltower's right of use assets, net?
Over 5 years (2020 to 2025), Welltower's right of use assets, net has grown at a 35.9% compound annual growth rate (CAGR), from $465.87M to $2.16B.
What does right of use assets, net mean?
The value of the company's right to use leased property.