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.

Welltower WELL Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	39.8%-0.3pp	40.1%+0.3pp	39.8%+0.2pp	39.7%+0.4pp	39.3%-0.3pp
Net margin	12.4%+3.5pp	8.9%-0.9pp	9.8%-2.5pp	12.3%-0.5pp	12.8%+0.7pp
Free cash flow margin	15.9%-1.0pp	16.9%-0.6pp	17.5%+0.4pp	17%-0.3pp	17.3%-0.2pp
Returns
Return on equity	3.7%+1.2pp	2.6%-0.2pp	2.8%-0.7pp	3.5%-0.1pp	3.6%+0.2pp
Return on assets	2.4%+0.8pp	1.6%-0.2pp	1.8%-0.5pp	2.3%0.0pp	2.2%+0.2pp
Efficiency
Asset turnover	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Leverage
Debt-to-equity	0×0.0×	0.1×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	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%
Enterprise value	$135.3B+8.6%	$124.54B+9.6%	$113.65B+16.2%	$97.8B+0.7%	$97.13B+27.4%
Price / earnings	94.7×-37.8×	132.4×+9.3×	123.1×+34.8×	88.3×-2.1×	90.4×+9.8×
Price / sales	11.7×0.0×	11.8×-0.3×	12×+1.2×	10.9×-0.7×	11.6×+1.8×
Price / book	3.2×+0.1×	3×-0.1×	3.1×+0.3×	2.8×-0.1×	2.9×+0.5×
EV / sales	11.5×0.0×	11.5×0.0×	11.5×+0.9×	10.5×-0.8×	11.4×+1.8×
Free cash flow yield	1.4%-0.1pp	1.4%0.0pp	1.5%-0.1pp	1.6%+0.1pp	1.5%-0.3pp
Earnings yield	1.1%+0.3pp	0.8%-0.1pp	0.8%-0.3pp	1.1%0.0pp	1.1%-0.1pp
Dividend yield	1.4%0.0pp	1.5%0.0pp	1.5%-0.2pp	1.7%0.0pp	1.6%-0.3pp
PEG ratio	2.9×—	——	38.1×+37.1×	1×+0.4×	0.7×+0.2×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Welltower.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.