Welltower's aggressive portfolio expansion, evidenced by a 56.7% year-over-year increase in total assets to $69.9B in 2026Q2, is driving robust revenue growth of 40.9% and NOI margin expansion to 39.3%. The company's strong cash flow generation, with AFFO cove...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue surged 40.9% YoY to $3.5B in 2026Q2, with NOI margin stable at 39.3%, but FFO per share volatility (from $1.87 to $1.34) and thin GAAP operating margins (3.33%) suggest earnings quality may be weaker than headline growth implies.
Welltower is a top-tier REIT with robust FFO growth and disciplined capital allocation, particularly in its senior housing operating segment.
The aging baby boomer population is a significant demand driver for senior housing, positioning Welltower favorably.
Welltower is accelerating its investment pace and has raised its 2026 guidance for normalized FFO, anticipating continued strong performance.
Welltower is trading at a high P/FFO multiple, significantly above its historical average, suggesting potential overvaluation.
A high dividend payout ratio raises concerns about the sustainability of Welltower's dividend payments.
Challenges in integrating recent acquisitions could diminish EBITDA margins amid increasing competition.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 27, 2026 | $0.61-1.1% vs $0.62 | $3.5B+4.2% vs $3.4B |
Q2 2026 Apr 28, 2026 | $1.02+50.2% vs $0.68 | $3.4B+5.5% vs $3.2B |
Q1 2026 Feb 10, 2026 | $0.14-75.7% vs $0.58 | $3.2B+11.3% vs $2.9B |
Q4 2025 Oct 27, 2025 | $0.41-30.5% vs $0.59 | $2.7B+2.8% vs $2.6B |
Two million Americans turn 80 this year, and four REITs are racing to profit from a demographic wave that has barely started while construction sits at historic lows.
QRG Capital Management Inc. raised its position in Welltower Inc. (NYSE: WELL) by 7.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 86,615 shares of the real estate investment trust's stock after purchasing an additional 5,711 shares during the period. QRG Capital Management Inc.'s holdings
Many REITs are repriced to the downside and offer better yields. Yet this is just optics, as the underlying problem is very significant. The issue I see is that at the current valuations and market dynamics, REITs can't (or should not) be considered solid passive income investments.
TOLEDO, Ohio, Sept. 23, 2026 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) today announced it will release third quarter 2026 financial results after the close of trading on the New York Stock Exchange on Monday, October 26, 2026.
Benchmark WELL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Welltower Inc. (WELL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $227.20 | $163.71B | 163.45 | 35.82% | 8.78% | 2.47% | 1.22% | |
| $83.73 | $40.71B | 155.06 | 18.47% | 4.13% | 1.99% | — | |
| $45.23 | $13.47B | 23.31 | 13.95% | 66.43% | 15.76% | — | |
| $19.20 | $4.84B | 30.00 | 10.15% | 7.61% | 2.34% | — | |
| $42.67 | $2.18B | 16.93 | 25.26% | 38.92% | 11.45% | — | |
| $65.08 | $3.15B | 21.55 | 12.93% | 38.47% | 10.85% | — |
Welltower Inc. (WELL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Welltower Inc. (WELL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 28, 2026·SEC
Jul 27, 2026·SEC
Jul 13, 2026·SEC
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Welltower Inc. (WELL) stock FAQ — growth, dividends, profitability & financials explained
Welltower Inc. (WELL) reported $12.61B in revenue for fiscal year 2025. This represents a 23084% increase from $54.4M in 1996.
Welltower Inc. (WELL) grew revenue by 35.8% over the past year. This is strong growth.
Yes, Welltower Inc. (WELL) is profitable, generating $1.35B in net income for fiscal year 2025 (8.8% net margin).
Yes, Welltower Inc. (WELL) pays a dividend with a yield of 1.22%. This makes it attractive for income-focused investors.
Welltower Inc. (WELL) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.
Welltower Inc. (WELL) generated Funds From Operations (FFO) of $3.85B in the trailing twelve months. FFO is the primary profitability metric for REITs.
