Welltower Inc. (WELL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4500 DORR STREET TOLEDO, OH 43615 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,502 | 3,507 | 3,565 | 2,777 | 2,388 | 1,994 | |||
| Cash and cash equivalent | 3,502 | 3,507 | 3,565 | 2,777 | 2,388 | 1,994 | |||
| Total current assets: | 3,502 | 3,507 | 3,565 | 2,777 | 2,388 | 1,994 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5,553 | 5,271 | 5,075 | 4,839 | 4,755 | 4,698 | |||
| Long-term investments and receivables | 1,787 | 1,769 | 1,743 | 1,710 | 1,720 | 1,637 | |||
| Long-term investments | 1,787 | 1,769 | 1,743 | 1,710 | 1,720 | 1,637 | |||
| Intangible assets, net (including goodwill) | 894 | 815 | 552 | 518 | 545 | 583 | |||
| Goodwill | 200 | 149 | 68 | 68 | 68 | 68 | |||
| Intangible assets, net (excluding goodwill) | 693 | 666 | 484 | 449 | 477 | 515 | |||
| Regulated entity, other noncurrent assets | 87 | 92 | 97 | 82 | 88 | 93 | |||
| Total noncurrent assets: | 8,321 | 7,948 | 7,468 | 7,148 | 7,107 | 7,011 | |||
| Other undisclosed assets | 41,471 | 39,590 | 37,921 | 35,609 | 35,058 | 35,008 | |||
| TOTAL ASSETS: | 53,294 | 51,044 | 48,954 | 45,534 | 44,554 | 44,012 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 18,712 | 18,472 | 17,890 | 15,845 | 16,006 | 17,640 | |||
| Total liabilities: | 18,712 | 18,472 | 17,890 | 15,845 | 16,006 | 17,640 | |||
| Temporary equity, including noncontrolling interest | 256 | 291 | |||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 33,957 | 31,956 | 30,334 | 28,976 | 27,548 | 25,404 | |||
| Common stock | 652 | 637 | 620 | 610 | 593 | 566 | |||
| Treasury stock, value | (20) | (114) | (115) | (115) | (115) | (112) | |||
| Additional paid in capital | 42,031 | 40,017 | 37,949 | 36,693 | 35,105 | 32,742 | |||
| Accumulated other comprehensive loss | (310) | (360) | (195) | (246) | (181) | (163) | |||
| Retained earnings | 10,355 | 10,097 | 9,977 | 9,527 | 9,272 | 9,145 | |||
| Other undisclosed equity, attributable to parent | (18,751) | (18,320) | (17,902) | (17,492) | (17,126) | (16,774) | |||
| Equity, attributable to noncontrolling interest | 348 | 360 | 460 | 450 | 699 | 677 | |||
| Total equity: | 34,305 | 32,316 | 30,794 | 29,426 | 28,247 | 26,081 | |||
| Other undisclosed liabilities and equity | 277 | 270 | 262 | 301 | |||||
| TOTAL LIABILITIES AND EQUITY: | 53,294 | 51,044 | 48,954 | 45,534 | 44,554 | 44,012 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,423 | 2,251 | 2,056 | 1,825 | 1,860 | 1,750 | ||
| Operating lease, lease income | 462 | 386 | 430 | 336 | 418 | |||
| Cost of revenue | (1,622) | (1,589) | (1,367) | (1,294) | (1,256) | (1,222) | ||
| Cost of product and service sold | (1,462) | (1,409) | (1,213) | (1,111) | (1,097) | (1,036) | ||
| Gross profit: | 801 | 662 | 689 | 530 | 603 | 528 | ||
| Operating expenses | (602) | (553) | (505) | (440) | (463) | (440) | ||
| Other operating expense, net (Other Expenses) | (14) | (34) | (20) | (49) | (14) | (36) | ||
| Operating income: | 185 | 75 | 164 | 42 | 127 | 51 | ||
| Nonoperating expense (Other Nonoperating expense) | (20) | (49) | (14) | (36) | ||||
| Interest and debt expense | (6) | 420 | (139) | (135) | (147) | (155) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 20 | (385) | 180 | 232 | 176 | 227 | ||
| Income from continuing operations before equity method investments, income taxes: | 199 | 109 | 184 | 90 | 141 | 87 | ||
| Income (loss) from equity method investments | 1 | 6 | (4) | 5 | (8) | (2) | ||
| Income from continuing operations before income taxes: | 200 | 116 | 180 | 95 | 133 | 85 | ||
| Income tax expense (benefit) | 6 | (0) | 5 | (1) | (6) | 5 | ||
| Other undisclosed income (loss) from continuing operations | 52 | 8 | 272 | 166 | 5 | (2) | ||
| Net income: | 257 | 124 | 457 | 261 | 132 | 88 | ||
| Net income (loss) attributable to noncontrolling interest | 1 | (4) | (7) | (6) | (4) | (5) | ||
| Net income available to common stockholders, diluted: | 258 | 120 | 450 | 255 | 127 | 84 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 257 | 124 | 457 | 261 | 132 | 88 | ||
| Other comprehensive income (loss) | 50 | (168) | 52 | (19) | (25) | (7) | ||
| Comprehensive income (loss): | 308 | (45) | 509 | 241 | 106 | 81 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1 | (0) | (8) | (5) | 3 | (11) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 308 | (45) | 501 | 236 | 109 | 70 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.