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Welltower WELL Triple-net — Construction in progress additions

Other segment segments

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$103.3M+3.1%
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$354K-98.9%

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AHRTriple Net Leased Properties — Operating Lease Lease Income
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VTRTriple-Net Leased Properties — Property-level operating expenses
$2.9M-17.7%
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AHRTriple Net Leased Properties — Revenue
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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 well:ConstructionInProcessAdditions.

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 triple-net — construction in progress additions?
Welltower (WELL) reported triple-net — construction in progress additions of $0 in Q1 2026.
What does triple-net — construction in progress additions mean?
The value of capital expenditures added to construction projects currently underway within the triple-net segment. This tracks the ongoing investment in development and renovation projects before they are placed into service.