Non-Current Assets

Accumulated Depreciation

Welltower Accumulated Depreciation increased by 4.6% to $10.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $11.09B to $10.82B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 11.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026
Parent metricPP&E (Net)

How to read this metric

A rising ratio relative to gross assets may indicate an aging portfolio that requires future capital reinvestment.

Detailed definition

This is the cumulative amount of depreciation expense recorded against property, plant, and equipment since acquisition....

Peer comparison

Universal metric; peers use this to assess the remaining useful life of their physical asset base.

Metric ID: ppe_accumulated_depreciation

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$6.42B$6.63B$6.91B$7.22B$7.44B$7.69B$8.08B$8.42B$8.60B$8.87B$9.27B$9.54B$9.91B$10.28B$10.63B$11.09B$11.67B$10.11B$10.35B$10.82B
QoQ Change+3.4%+4.2%+4.4%+3.1%+3.4%+5.1%+4.2%+2.2%+3.1%+4.6%+2.8%+3.9%+3.7%+3.4%+4.4%+5.2%-13.4%+2.4%+4.6%
YoY Change+15.9%+15.9%+16.9%+16.7%+15.6%+15.4%+14.8%+13.3%+15.2%+15.9%+14.6%+16.3%+17.8%-1.6%-2.6%-2.4%
Range$6.42B$11.67B
CAGR+11.6%
Avg YoY Growth+12.3%
Median YoY Growth+15.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Welltower's accumulated depreciation?
Welltower (WELL) reported accumulated depreciation of $10.82B in Q1 2026.
How has Welltower's accumulated depreciation changed year-over-year?
Welltower's accumulated depreciation decreased by 2.4% year-over-year, from $11.09B to $10.82B.
What is the long-term trend for Welltower's accumulated depreciation?
Over 5 years (2020 to 2025), Welltower's accumulated depreciation has grown at a 11.1% compound annual growth rate (CAGR), from $6.10B to $10.35B.
What does accumulated depreciation mean?
The total depreciation taken on physical assets since they were purchased.