Business Segments · Capital improvements to existing properties
Triple-net — Capital improvements to existing properties
Welltower Triple-net — Capital improvements to existing properties increased by 22.6% to $11.18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 98.3%, from $5.64M to $11.18M. Over 3 years (FY 2022 to FY 2025), Triple-net — Capital improvements to existing properties shows a downward trend with a -6.4% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026Apr 29, 2026
Rolls up toPayments for Capital Improvements
How to read this metric
Higher spending may indicate proactive asset management or necessary repairs, while lower spending could suggest deferred maintenance or a newer portfolio.
Detailed definition
Represents the capital expenditures invested in maintaining or enhancing the physical condition and value of existing re...
Peer comparison
Commonly reported by REITs as recurring or non-recurring capital expenditures (CapEx).
Metric ID:
well_segment_triple_net_capital_improvements_to_existing_propertiesHistorical Data
19 periods
| 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 | $10.93M | $10.85M | $8.29M | $16.72M | $14.51M | $8.53M | $4.43M | $7.36M | $6.15M | $15.66M | $6.06M | $5.64M | $8.16M | $12.96M | $5.64M | $14.24M | $10.36M | $9.12M | $11.18M |
| QoQ Change | — | -0.7% | -23.6% | +101.6% | -13.2% | -41.2% | -48.1% | +66.2% | -16.4% | +154.7% | -61.3% | -7.0% | +44.7% | +58.8% | -56.5% | +152.4% | -27.2% | -11.9% | +22.6% |
| YoY Change | — | — | — | — | +32.8% | -21.4% | -46.6% | -56.0% | -57.6% | +83.7% | +37.0% | -23.3% | +32.8% | -17.2% | -7.0% | +152.3% | +26.9% | -29.6% | +98.3% |
Range$4.43M – $16.72M
CAGR+0.5%
Avg YoY Growth+13.7%
Median YoY Growth-7.0%
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Frequently Asked Questions
- What is Welltower's triple-net — capital improvements to existing properties?
- Welltower (WELL) reported triple-net — capital improvements to existing properties of $11.18M in Q1 2026.
- How has Welltower's triple-net — capital improvements to existing properties changed year-over-year?
- Welltower's triple-net — capital improvements to existing properties increased by 98.3% year-over-year, from $5.64M to $11.18M.
- What is the long-term trend for Welltower's triple-net — capital improvements to existing properties?
- Over 3 years (2022 to 2025), Welltower's triple-net — capital improvements to existing properties has grown at a -6.4% compound annual growth rate (CAGR), from $48.05M to $39.36M.
- What does triple-net — capital improvements to existing properties mean?
- The amount spent on upgrading and maintaining current properties in the triple-net portfolio.