Welltower Financials
WELL Stock  USD 99.96 1.91 1.87% 
Current Value  Last Year  Change From Last Year  10 Year Trend  

Debt Equity Ratio  1.08  0.6204 

 
Operating Income  1.2 B  1.1 B 

 
Current Ratio  4.67  4.4485 


The financial analysis of Welltower is a critical element in measuring its lifeblood. The essential information of the daytoday investment outlook for Welltower includes many different criteria found on its balance sheet. For example, investors should never minimize Welltower's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to reinvest extra cash. Any individual investor needs to monitor Welltower's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Welltower.
Net Income 

With this module, you can analyze Welltower financials for your investing period. You should be able to track the changes in Welltower individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Welltower  Select Account or Indicator 
Understanding current and past Welltower Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Welltower's financial statements are interrelated, with each one affecting the others. For example, an increase in Welltower's assets may result in an increase in income on the income statement.
Welltower Earnings Geography
The data published in Welltower's official financial statements usually reflect Welltower's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Welltower. For example, before you start analyzing numbers published by Welltower accountants, it's critical to develop an understanding of what Welltower's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of Welltower's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Welltower's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Welltower's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Welltower. Please utilize our Beneish M Score to check the likelihood of Welltower's management manipulating its earnings.
Welltower Stock Summary
Welltower competes with Healthpeak Properties, Community Healthcare, and Global Medical. , an SP 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower, a real estate investment trust , owns interests in properties concentrated in major, highgrowth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and postacute communities and outpatient medical properties. Welltower operates under REITHealthcare Facilities classification in the United States and is traded on New York Stock Exchange. It employs 464 people.Foreign Associate  Canada 
Specialization  Real Estate, Equity Real Estate Investment Trusts (REITs) 
Instrument  USA Stock View All 
Exchange  New York Stock Exchange 
ISIN  US95040Q1040 
CUSIP  95040Q104 42217K106 
Location  Ohio; U.S.A 
Business Address  4500 Dorr Street, 
Sector  Diversified REITs 
Industry  Real Estate 
Benchmark  NYSE Composite 
Website  www.welltower.com 
Phone  419 247 2800 
Currency  USD  US Dollar 
You should never invest in Welltower without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Welltower Stock, because this is throwing your money away. Analyzing the key information contained in Welltower's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Welltower Key Financial Ratios
Generally speaking, Welltower's financial ratios allow both analysts and investors to convert raw data from Welltower's financial statements into concise, actionable information that can be used to evaluate the performance of Welltower over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Welltower reports annually and quarterly.Return On Equity  0.0184  
Profit Margin  0.06 %  
Operating Margin  0.18 % 
Welltower Key Balance Sheet Accounts
2019  2020  2021  2022  2023  2024 (projected)  
Total Assets  33.4B  32.5B  34.9B  37.9B  44.0B  46.2B  
Net Debt  15.1B  12.7B  14.4B  14.3B  14.0B  14.7B  
Retained Earnings  (4.9B)  (5.0B)  (5.7B)  (6.7B)  (7.6B)  (7.2B)  
Total Liab  16.4B  15.3B  15.9B  16.5B  17.6B  18.5B  
Total Current Assets  1.9B  3.4B  2.6B  3.1B  4.9B  5.1B  
Other Current Liab  1.0B  373.6M  753.4M  (12.0B)  (1.2B)  (1.2B)  
Short Term Debt  1.6B  451.0M  324.9M  12.9B  1.8B  1.5B  
Cash  284.9M  1.5B  269.3M  631.7M  2.1B  2.2B  
Other Assets  188.1M  29.4B  30.7B  32.2B  37.6B  39.5B  
Net Receivables  1.5B  1.4B  2.2B  2.4B  475.6M  719.8M  
Common Stock  411.0M  418.7M  448.6M  491.9M  565.9M  594.2M  
Long Term Debt  13.3B  13.8B  13.8B  14.5B  15.7B  8.0B  
Treasury Stock  (79.0M)  (104.5M)  (107.8M)  (111.0M)  (99.9M)  (94.9M)  
Other Current Assets  (852.0M)  (2.4B)  (739.1M)  (1.1B)  (2.6B)  (2.4B)  
Intangible Assets  1.6B  1.5B  1.8B  1.9B  2.2B  1.2B  
Net Tangible Assets  15.9B  16.2B  17.6B  20.7B  23.8B  14.9B  
Warrants  475.9M  343.5M  401.3M  384.4M  442.1M  288.4M  
Long Term Debt Total  13.3B  13.8B  13.8B  14.5B  16.7B  12.5B  
Capital Surpluse  20.2B  20.8B  23.1B  26.7B  30.8B  18.6B 
Welltower Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out noncash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Welltower's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
2019  2020  2021  2022  2023  2024 (projected)  
Total Revenue  5.1B  4.6B  4.7B  5.9B  6.6B  7.0B  
Gross Profit  2.4B  2.0B  2.0B  2.3B  1.3B  823.8M  
Operating Income  1.2B  676.5M  754.3M  729.1M  1.1B  1.2B  
Ebit  1.2B  676.5M  754.3M  729.1M  1.1B  1.2B  
Ebitda  2.2B  1.7B  1.8B  2.0B  2.5B  2.6B  
Net Income  539.9M  (41.5M)  162.0M  141.2M  340.1M  205.0M  
Income Tax Expense  3.0M  10.0M  8.7M  7.2M  6.4M  6.0M  
Income Before Tax  542.9M  (31.6M)  170.8M  173.1M  350.0M  209.7M  
Interest Expense  555.6M  514.4M  489.9M  529.5M  675.2M  709.0M  
Cost Of Revenue  2.7B  2.6B  2.8B  3.6B  5.3B  5.6B  
Minority Interest  98.0M  1.3B  (38.3M)  (19.4M)  (19.0M)  (18.1M)  
Non Recurring  (115.6M)  (28.1M)  (58.4M)  (17.5M)  (20.1M)  (21.1M)  
Tax Provision  3.0M  10.0M  8.7M  7.2M  7.0M  6.4M  
Net Interest Income  (555.6M)  (514.4M)  (489.9M)  (529.5M)  (593.7M)  (623.3M) 
Welltower Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Welltower. It measures of how well Welltower is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Welltower brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Welltower had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Welltower has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in nonbusiness activities like paying off debt or making acquisitions.
2019  2020  2021  2022  2023  2024 (projected)  
Change In Cash  69.6M  1.6B  (1.7B)  375.5M  1.4B  1.4B  
Free Cash Flow  1.5B  1.3B  1.3B  1.3B  1.2B  1.3B  
Depreciation  1.0B  1.0B  1.1B  1.3B  1.4B  1.5B  
Other Non Cash Items  (106.3M)  60.3M  (30.8M)  (47.1M)  2.9B  3.0B  
Dividends Paid  1.4B  1.1B  1.0B  1.1B  1.3B  1.3B  
Capital Expenditures  15.3M  17.5M  19.4M  30.5M  517.7M  450.5M  
Net Income  1.3B  1.0B  374.5M  160.6M  340.1M  294.5M  
End Period Cash Flow  385.8M  2.0B  346.8M  722.3M  2.1B  2.2B  
Investments  (79.2M)  (609.7M)  (775.3M)  (391.1M)  (3.0B)  (2.8B)  
Net Borrowings  1.1B  (1.2B)  247.0M  366.2M  329.6M  315.8M  
Change To Netincome  (745.2M)  (692.1M)  (107.8M)  (28.2M)  (25.4M)  (26.6M) 
Welltower Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Welltower's current stock value. Our valuation model uses many indicators to compare Welltower value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Welltower competition to find correlations between indicators driving Welltower's intrinsic value. More Info.Welltower is rated fourth in return on equity category among related companies. It is rated second in return on asset category among related companies reporting about 1.02 of Return On Asset per Return On Equity. At this time, Welltower's Return On Equity is quite stable compared to the past year.Comparative valuation analysis is a catchall model that can be used if you cannot value Welltower by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Welltower's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the pricetoearnings (P/E), pricetobook (P/B), pricetosales (P/S), pricetocash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Welltower's earnings, one of the primary drivers of an investment's value.Welltower's Earnings Breakdown by Geography
Welltower Systematic Risk
Welltower's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a welldiversified portfolio. Welltower volatility which cannot be eliminated through diversification, requires returns over the riskfree rate. Over the long run, a welldiversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a tradeoff between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twentyfour with a total number of output elements of thirtyseven. The Beta measures systematic risk based on how returns on Welltower correlated with the market. If Beta is less than 0 Welltower generally moves in the opposite direction as compared to the market. If Welltower Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Welltower is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Welltower is generally in the same direction as the market. If Beta > 1 Welltower moves generally in the same direction as, but more than the movement of the benchmark.
About Welltower Financials
What exactly are Welltower Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Welltower's income statement, its balance sheet, and the statement of cash flows. Potential Welltower investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Welltower investors may use each financial statement separately, they are all related. The changes in Welltower's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Welltower's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Welltower Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debttoequity ratio because this number will tell you how much risk it has. If a company such as Welltower is not taking on any additional risks, its debttoequity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Welltower has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Welltower's financials are consistent with your investment objective using the following steps: Review Welltower's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
 Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
 Study the cash flow inflows and outflows to understand Welltower's liquidity and solvency.
 Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
 Compare Welltower's financials to those of its peers to see how it stacks up and identify any potential red flags.
 Use valuation ratios to evaluate the company's financials using commonly used ratios such as the pricetoearnings (P/E) ratio, pricetosales (P/S) ratio, and enterprise valuetoearnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Welltower's stock is overvalued or undervalued.
Today, most investors in Welltower Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Welltower's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Welltower growth as a starting point in their analysis.
Price Earnings To Growth Ratio 

Welltower May 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Welltower help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Welltower. We use our internallydeveloped statistical techniques to arrive at the intrinsic value of Welltower based on widely used predictive technical indicators. In general, we focus on analyzing Welltower Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Welltower's daily price indicators and compare them against related drivers.
Downside Deviation  1.01  
Information Ratio  0.0583  
Maximum Drawdown  3.91  
Value At Risk  (1.67)  
Potential Upside  1.57 
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welltower. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Welltower Stock please use our How to buy in Welltower Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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When running Welltower's price analysis, check to measure Welltower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Welltower is operating at the current time. Most of Welltower's value examination focuses on studying past and present price action to predict the probability of Welltower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welltower's price. Additionally, you may evaluate how the addition of Welltower to your portfolios can decrease your overall portfolio volatility.
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Is Welltower's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Welltower. If investors know Welltower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Welltower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.231  Dividend Share 2.44  Earnings Share 0.86  Revenue Per Share 12.939  Quarterly Revenue Growth 0.192 
The market value of Welltower is measured differently than its book value, which is the value of Welltower that is recorded on the company's balance sheet. Investors also form their own opinion of Welltower's value that differs from its market value or its book value, called intrinsic value, which is Welltower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Welltower's market value can be influenced by many factors that don't directly affect Welltower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Welltower's value and its price as these two are different measures arrived at by different means. Investors typically determine if Welltower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Welltower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.