Business Segments · Capital improvements to existing properties

Outpatient Medical — Capital improvements to existing properties

Welltower Outpatient Medical — Capital improvements to existing properties increased by 263.2% to $12.15M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.4%, from $15.47M to $12.15M. Over 3 years (FY 2022 to FY 2025), Outpatient Medical — Capital improvements to existing properties shows relatively stable performance with a -0.6% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Higher spending may indicate proactive asset management or necessary repairs, while lower spending could signal deferred maintenance or a newer portfolio.

Detailed definition

Represents the cash expenditures directed toward maintaining, renovating, or upgrading existing outpatient medical real...

Peer comparison

Commonly reported by REITs as recurring or non-recurring capital expenditures (CapEx).

Metric ID: well_segment_outpatient_medical_capital_improvements_to_existing_properties

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$9.60M$23.33M$13.32M$15.68M$14.69M$32.17M$17.13M$10.88M$26.22M$30.74M$21.63M$24.78M$24.33M$28.70M$15.47M$22.25M$33.38M$3.35M$12.15M
QoQ Change+143.0%-42.9%+17.7%-6.3%+119.0%-46.8%-36.5%+141.0%+17.3%-29.6%+14.5%-1.8%+18.0%-46.1%+43.9%+50.0%-90.0%+263.2%
YoY Change+53.0%+37.9%+28.6%-30.6%+78.5%-4.5%+26.3%+127.8%-7.2%-6.6%-28.5%-10.2%+37.2%-88.3%-21.4%
Range$3.35M$33.38M
CAGR+5.4%
Avg YoY Growth+12.8%
Median YoY Growth-4.5%

Frequently Asked Questions

What is Welltower's outpatient medical — capital improvements to existing properties?
Welltower (WELL) reported outpatient medical — capital improvements to existing properties of $12.15M in Q1 2026.
How has Welltower's outpatient medical — capital improvements to existing properties changed year-over-year?
Welltower's outpatient medical — capital improvements to existing properties decreased by 21.4% year-over-year, from $15.47M to $12.15M.
What is the long-term trend for Welltower's outpatient medical — capital improvements to existing properties?
Over 3 years (2022 to 2025), Welltower's outpatient medical — capital improvements to existing properties has grown at a -0.6% compound annual growth rate (CAGR), from $75.87M to $74.44M.
What does outpatient medical — capital improvements to existing properties mean?
The amount spent on maintaining and upgrading current medical properties.