Non-Current Assets

Construction in progress

Welltower Construction in progress increased by 3.4% to $764.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.9%, from $1.05B to $764.22M. Over 5 years (FY 2020 to FY 2025), Construction in progress shows an upward trend with a 8.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026
Parent metricPP&E (Net)

How to read this metric

An increase signals active development and future growth potential, while a decrease suggests project completion or a slowdown in expansion.

Detailed definition

This represents costs incurred for capital projects that are currently under development and not yet ready for operation...

Peer comparison

Standard for capital-intensive industries; peers track this to measure the scale of their development pipeline.

Metric ID: ppe_construction_in_progress

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$458.84M$562.49M$651.39M$717.66M$900.63M$1.01B$1.02B$1.12B$1.11B$1.34B$1.30B$1.34B$1.47B$1.37B$1.22B$1.05B$712.12M$511.57M$738.86M$764.22M
QoQ Change+22.6%+15.8%+10.2%+25.5%+12.4%+0.9%+9.8%-1.1%+20.7%-2.5%+2.9%+9.8%-6.7%-11.3%-14.3%-31.9%-28.2%+44.4%+3.4%
YoY Change+96.3%+80.0%+56.8%+56.3%+23.1%+32.2%+27.8%+19.7%+32.9%+2.8%-6.5%-22.1%-51.7%-62.8%-39.4%-26.9%
Range$458.84M$1.47B
CAGR+11.3%
Avg YoY Growth+13.6%
Median YoY Growth+21.4%
Current Streak2 quarters growth

Construction in progress at Other Companies

Frequently Asked Questions

What is Welltower's construction in progress?
Welltower (WELL) reported construction in progress of $764.22M in Q1 2026.
How has Welltower's construction in progress changed year-over-year?
Welltower's construction in progress decreased by 26.9% year-over-year, from $1.05B to $764.22M.
What is the long-term trend for Welltower's construction in progress?
Over 5 years (2020 to 2025), Welltower's construction in progress has grown at a 8.7% compound annual growth rate (CAGR), from $487.74M to $738.86M.
What does construction in progress mean?
The cost of projects currently being built that are not yet operational.