Skip to content

Welltower WELL Outpatient Medical — Net Operating Income

Other segment segments

Seniors Housing Operating
$872.89M+62.4%
Triple-net
$192.55M-27.4%

Similar metrics at other companies

Healthpeak Properties logo
DOCOutpatient medical — Net Operating Income From Continuing Operations
$208.85M-0.2%
American Healthcare REIT logo
AHROutpatient Medical — Operating Income
$18.72M-8.7%
Healthpeak Properties logo
DOCOutpatient medical — Adjusted Net Operating Income From Continuing Operations
$198.38M+0.5%
Cousins Properties logo
CUZOffice — Net Operating Income
$177.75M+8.5%
Healthcare Realty Trust logo
HRMedial Outpatient Properties Segment — Net income (loss)
$21K+100%
Cousins Properties logo
CUZNon-Office — Net Operating Income
$2.31M+62.0%

Other financials

Income statement

See full
Revenue$3.4B+38.3%
Gross profit$1.3B+35.0%
Net income$752.3M+192%
EPS (diluted)$0.61+35.6%

Balance sheet

See full
Cash & equivalents$4.7B+34.3%
Total debt$2.1B+59.5%
Total equity$43.8B+29.0%
Total assets$67.2B+26.1%

Cash flow

See full
Operating cash flow$670.0M+11.9%
CapEx$269.8M+12.3%
Free cash flow$400.2M+11.6%

Valuation

See full
Market cap$177.94B+71.9%
Enterprise value$175.29B+74.5%

Profitability

See full
Gross margin39.8%+0.6pp
Net margin12.4%-0.5pp
FCF margin15.9%-1.4pp

Returns & leverage

See full
Return on equity3.7%+0.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Welltower in its filing.

Tagged under the XBRL concept well:NetOperatingIncome.

The official record: Welltower’s 8-K, filed July 27, 2026, on SEC EDGAR. View the filing →

Ask your AI about Welltower's outpatient medical — net operating income.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Welltower's outpatient medical — net operating income?
Welltower (WELL) reported outpatient medical — net operating income of $41.52M in Q2 2026.
How has Welltower's outpatient medical — net operating income changed year-over-year?
Welltower's outpatient medical — net operating income decreased by 72.1% year-over-year, from $148.98M to $41.52M.
What is the long-term trend for Welltower's outpatient medical — net operating income?
Over 4 years (2021 to 2025), Welltower's outpatient medical — net operating income has grown at a 5.2% compound annual growth rate (CAGR), from $448.35M to $548.7M.
What does outpatient medical — net operating income mean?
A key performance indicator calculated as total segment revenues minus property operating expenses. It measures the profitability of the properties before accounting for corporate overhead, interest, taxes, and depreciation.