Business Segments · Utilities

Triple-net — Utilities

Welltower Triple-net — Utilities decreased by 15.3% to $83.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.7%, from $94.00K to $83.00K. Over 3 years (FY 2022 to FY 2025), Triple-net — Utilities shows a downward trend with a -3.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 29, 2026
Rolls up toUtilities

How to read this metric

Rising costs may indicate energy inefficiency or changes in lease terms, while lower costs suggest better tenant pass-through arrangements.

Detailed definition

Represents the costs for electricity, water, gas, and other utility services for properties within the triple-net segmen...

Peer comparison

Standard property-level expense; peers report this to demonstrate operational cost control.

Metric ID: well_segment_triple_net_utilities

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$110.00K$110.00K$110.00K$110.00K$95.00K$95.00K$95.00K$95.00K$89.00K$98.00K$52.00K$27.00K$94.00K$115.00K$83.00K$98.00K$83.00K
QoQ Change+0.0%+0.0%+0.0%-13.6%+0.0%+0.0%+0.0%-6.3%+10.1%-46.9%-48.1%+248.1%+22.3%-27.8%+18.1%-15.3%
YoY Change-13.6%-13.6%-13.6%-13.6%-6.3%+3.2%-45.3%-71.6%+5.6%+17.3%+59.6%+263.0%-11.7%
Range$27.00K$115.00K
CAGR-6.8%
Avg YoY Growth+12.3%
Median YoY Growth-11.7%

Frequently Asked Questions

What is Welltower's triple-net — utilities?
Welltower (WELL) reported triple-net — utilities of $83.00K in Q1 2026.
How has Welltower's triple-net — utilities changed year-over-year?
Welltower's triple-net — utilities decreased by 11.7% year-over-year, from $94.00K to $83.00K.
What is the long-term trend for Welltower's triple-net — utilities?
Over 3 years (2022 to 2025), Welltower's triple-net — utilities has grown at a -3.9% compound annual growth rate (CAGR), from $440.00K to $390.00K.
What does triple-net — utilities mean?
Utility costs incurred by the company for properties within the triple-net segment.