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Welltower WELL Property taxes

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Segments

By segment

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Seniors Housing Operating$72.7M+17.4%
Triple-net$5.8M-2.7%
Outpatient Medical$5.23M-71.3%

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$177.94B+71.9%
Enterprise value$175.29B+74.5%

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

Reported directly by Welltower in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.

The official record: Welltower’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Welltower's property taxes?
Welltower (WELL) reported property taxes of $83.73M in Q1 2026.
How has Welltower's property taxes changed year-over-year?
Welltower's property taxes decreased by 2.8% year-over-year, from $86.14M to $83.73M.
What is the long-term trend for Welltower's property taxes?
Over 3 years (2022 to 2025), Welltower's property taxes has grown at a 10.7% compound annual growth rate (CAGR), from $253.92M to $344.84M.
What does property taxes mean?
The total amount of property taxes paid to local and state governments for the real estate assets owned by the company. These taxes are generally non-discretionary and vary based on property location and assessed value.