Discontinued — last reported Q4 '25
Equity
Non-Controlling Interests
Welltower Non-Controlling Interests increased by 198.8% to $810.22M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 125.0%, from $360.16M to $810.22M. Over 5 years (FY 2020 to FY 2025), Non-Controlling Interests shows a downward trend with a -2.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025Feb 12, 2026
How to read this metric
An increase suggests the company is utilizing joint ventures to fund property acquisitions, while a decrease may signal the buyout of minority partners.
Detailed definition
This represents the portion of equity in a subsidiary that is not attributable, directly or indirectly, to the parent co...
Peer comparison
Common among large REITs that utilize joint venture structures to diversify risk and leverage capital across large property portfolios.
Metric ID:
noncontrolling_interestsHistorical Data
19 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $930.38M | $919.71M | $960.58M | $836.49M | $897.72M | $887.38M | $714.74M | $755.81M | $619.48M | $619.79M | $676.75M | $699.05M | $449.88M | $459.54M | $360.16M | $347.76M | $362.59M | $271.20M | $810.22M |
| QoQ Change | — | -1.1% | +4.4% | -12.9% | +7.3% | -1.2% | -19.5% | +5.7% | -18.0% | +0.0% | +9.2% | +3.3% | -35.6% | +2.1% | -21.6% | -3.4% | +4.3% | -25.2% | +198.8% |
| YoY Change | — | — | — | — | -3.5% | -3.5% | -25.6% | -9.6% | -31.0% | -30.2% | -5.3% | -7.5% | -27.4% | -25.9% | -46.8% | -50.3% | -19.4% | -41.0% | +125.0% |
Range$271.20M – $960.58M
CAGR-3.0%
Avg YoY Growth-13.5%
Median YoY Growth-25.6%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Seniors Housing Operating | $1.15M | $25.79M | $26.51M | $2.55M | $5.62M | $5.62M | — | $782.00K |
| Outpatient Medical | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Triple-net | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $449.88M | $459.54M | $360.16M | $347.76M | $362.59M | $271.20M | $810.22M | — |
Non-Controlling Interests at Other Companies
Frequently Asked Questions
- What is Welltower's non-controlling interests?
- Welltower (WELL) reported non-controlling interests of $810.22M in Q4 2025.
- How has Welltower's non-controlling interests changed year-over-year?
- Welltower's non-controlling interests increased by 125.0% year-over-year, from $360.16M to $810.22M.
- What is the long-term trend for Welltower's non-controlling interests?
- Over 5 years (2020 to 2025), Welltower's non-controlling interests has grown at a -2.3% compound annual growth rate (CAGR), from $908.85M to $810.22M.
- What does non-controlling interests mean?
- The portion of a subsidiary's equity owned by outside partners rather than the parent company.