Operating
Straight Line Rent
Welltower Straight Line Rent decreased by 1.7% to $75.98M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 73.1%, from $43.89M to $75.98M. Over 3 years (FY 2021 to FY 2025), Straight Line Rent shows an upward trend with a 94.1% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Positive values indicate that current accounting revenue exceeds cash collected, often due to back-loaded rent structures.
Detailed definition
This adjustment reconciles the difference between the actual cash rent received and the average rent recognized over the...
Peer comparison
Standard for all commercial real estate owners and REITs.
Metric ID:
operating_straight_line_rentHistorical 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $20.88M | $19.30M | $21.21M | $22.22M | $29.23M | $28.13M | $29.31M | $36.83M | $35.17M | $24.35M | $39.41M | $30.50M | -$44.20M | $45.50M | $43.89M | $48.75M | $55.30M | $77.31M | $75.98M |
| QoQ Change | — | -7.6% | +9.9% | +4.7% | +31.6% | -3.8% | +4.2% | +25.6% | -4.5% | -30.8% | +61.9% | -22.6% | -244.9% | +202.9% | -3.5% | +11.1% | +13.4% | +39.8% | -1.7% |
| YoY Change | — | — | — | — | +40.0% | +45.8% | +38.2% | +65.8% | +20.3% | -13.4% | +34.5% | -17.2% | -225.7% | +86.9% | +43.9% | +210.3% | +21.5% | — | +73.1% |
Range-$44.20M – $77.31M
CAGR+33.3%
Avg YoY Growth+30.3%
Median YoY Growth+39.1%
Straight Line Rent at Other Companies
Frequently Asked Questions
- What is Welltower's straight line rent?
- Welltower (WELL) reported straight line rent of $75.98M in Q1 2026.
- How has Welltower's straight line rent changed year-over-year?
- Welltower's straight line rent increased by 73.1% year-over-year, from $43.89M to $75.98M.
- What is the long-term trend for Welltower's straight line rent?
- Over 3 years (2021 to 2025), Welltower's straight line rent has grown at a 94.1% compound annual growth rate (CAGR), from $30.82M to $225.26M.
- What does straight line rent mean?
- The non-cash adjustment to normalize rent revenue over the lease term.