Business Segments · Property operating expenses
Seniors Housing Operating — Property operating expenses
Welltower Seniors Housing Operating — Property operating expenses increased by 7.3% to $2.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 45.5%, from $1.38B to $2.02B. Over 4 years (FY 2021 to FY 2025), Seniors Housing Operating — Property operating expenses shows an upward trend with a 25.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 29, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
An increase relative to revenue suggests margin compression, while a decrease relative to revenue suggests improved operational efficiency.
Detailed definition
The total costs associated with running the properties, including staffing, utilities, maintenance, and property taxes....
Peer comparison
Standard 'Operating Expenses' (OPEX) for property management.
Metric ID:
well_segment_seniors_housing_operating_property_operating_expensesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $582.36M | $666.61M | $724.41M | $789.93M | $789.30M | $841.91M | $870.90M | $883.78M | $885.19M | $918.99M | $967.55M | $1.02B | $1.03B | $1.14B | $1.33B | $1.38B | $1.44B | $1.50B | $1.88B | $2.02B |
| QoQ Change | — | +14.5% | +8.7% | +9.0% | -0.1% | +6.7% | +3.4% | +1.5% | +0.2% | +3.8% | +5.3% | +5.4% | +1.5% | +9.8% | +17.4% | +3.8% | +3.9% | +4.2% | +25.2% | +7.3% |
| YoY Change | — | — | — | — | +35.5% | +26.3% | +20.2% | +11.9% | +12.1% | +9.2% | +11.1% | +15.3% | +16.9% | +23.6% | +37.8% | +35.8% | +39.0% | +32.0% | +40.8% | +45.5% |
Range$582.36M – $2.02B
CAGR+29.9%
Avg YoY Growth+25.8%
Median YoY Growth+24.9%
Current Streak15 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Welltower's seniors housing operating — property operating expenses?
- Welltower (WELL) reported seniors housing operating — property operating expenses of $2.02B in Q1 2026.
- How has Welltower's seniors housing operating — property operating expenses changed year-over-year?
- Welltower's seniors housing operating — property operating expenses increased by 45.5% year-over-year, from $1.38B to $2.02B.
- What is the long-term trend for Welltower's seniors housing operating — property operating expenses?
- Over 4 years (2021 to 2025), Welltower's seniors housing operating — property operating expenses has grown at a 25.1% compound annual growth rate (CAGR), from $2.53B to $6.20B.
- What does seniors housing operating — property operating expenses mean?
- The total cost to operate and maintain the properties.