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Welltower WELL Triple-net — Interest Costs Capitalized

Other segment segments

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$284K-85.2%

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ASHInterest Costs Incurred Capitalized
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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 triple-net — interest costs capitalized?
Welltower (WELL) reported triple-net — interest costs capitalized of $0 in Q1 2026.
What is the long-term trend for Welltower's triple-net — interest costs capitalized?
Over 3 years (2021 to 2025), Welltower's triple-net — interest costs capitalized has grown at a -100.0% compound annual growth rate (CAGR), from $3.08M to $0.
What does triple-net — interest costs capitalized mean?
The amount of interest expense incurred on debt that is capitalized into the cost of construction projects rather than expensed in the current period. This reflects the financing costs associated with active development projects in the triple-net segment.