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Welltower WELL Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin39.8%-0.3pp40.1%+0.3pp39.8%+0.2pp39.7%+0.4pp39.3%-0.3pp
Net margin12.4%+3.5pp8.9%-0.9pp9.8%-2.5pp12.3%-0.5pp12.8%+0.7pp
Returns
Return on equity3.7%+1.2pp2.6%-0.2pp2.8%-0.7pp3.5%-0.1pp3.6%+0.2pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity0.0×0.1×0.0×0.0×0.0×0.0×
Per Share
Book value per share$60.30-2.7%$62.00+9.6%$56.55+5.2%$53.73+3.5%$51.94-1.1%
Valuation
Market capitalization$137.95B+8.3%$127.39B+6.9%$119.14B+18.1%$100.87B+1.5%$99.34B+26.6%
Price / earnings94.7×-37.8×132.4×+9.3×123.1×+34.8×88.3×-2.1×90.4×+9.8×
Price / sales11.7×0.0×11.8×-0.3×12×+1.2×10.9×-0.7×11.6×+1.8×
Price / book3.2×+0.1×-0.1×3.1×+0.3×2.8×-0.1×2.9×+0.5×
Dividend yield1.4%0.0pp1.5%0.0pp1.5%-0.2pp1.7%0.0pp1.6%-0.3pp

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Questions, answered.

Where do Welltower's ratios come from?
Every ratio is computed from Welltower's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.