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Welltower WELL Seniors Housing Operating — Interest Costs Capitalized

Other segment segments

Outpatient Medical
$284K-85.2%
Triple-net
$0

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Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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 us-gaap:InterestCostsCapitalized.

The official record: Welltower’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Welltower's seniors housing operating — interest costs capitalized?
Welltower (WELL) reported seniors housing operating — interest costs capitalized of $8.17M in Q1 2026.
How has Welltower's seniors housing operating — interest costs capitalized changed year-over-year?
Welltower's seniors housing operating — interest costs capitalized decreased by 14.9% year-over-year, from $9.6M to $8.17M.
What is the long-term trend for Welltower's seniors housing operating — interest costs capitalized?
Over 4 years (2021 to 2025), Welltower's seniors housing operating — interest costs capitalized has grown at a 21.0% compound annual growth rate (CAGR), from $13.83M to $29.68M.
What does seniors housing operating — interest costs capitalized mean?
The portion of interest expense incurred during the construction of senior housing assets that is capitalized into the cost of the asset rather than expensed. This reflects the financing costs directly attributable to development projects. It is an important accounting adjustment that impacts reported net income during the development phase.