Welltower (WELL) revenue breakdown

Real Estate · REIT - Healthcare Facilities · Market cap $157.6B

By segment, Seniors Housing Operating is the largest at 81% of fiscal 2025 revenue, growing 14% a year over 9 years.

By region, United States is the largest at 73% of fiscal 2025 revenue; United Kingdom grew fastest, 21% a year over 9 years.

Revenue by segment

Fiscal years, as Welltower reports them in its 10-K filings; fiscal 2025 total $10.5B.

Segments2016201720182019202020212022202320242025Share
Seniors Housing Operating$2.5B$2.8B$3.2B$3.5B$3.1B$3.2B$4.2B$4.8B$6.0B$8.5B 81%
Triple-net$1.2B$967M$901M$973M$801M$891M$791M$887M$789M$1.2B 11%
Outpatient Medical$545M$563M$557M$688M$720M$635M$678M$750M$802M$782M 7%

Revenue by region

Fiscal years, as Welltower reports them in its 10-K filings; fiscal 2025 total $10.8B.

Regions2016201720182019202020212022202320242025Share
United States$3.5B$3.5B$3.8B$4.2B$3.7B$3.8B$4.8B$5.5B$6.6B$7.9B 73%
United Kingdom$388M$407M$453M$453M$451M$553M$558M$607M$872M$2.2B 20%
Canada$439M$445M$470M$463M$434M$423M$459M$509M$555M$734M 7%
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Questions

Where does Welltower make its money?

In fiscal 2025, by segment: Seniors Housing Operating $8.5B, Triple-net $1.2B, Outpatient Medical $782M.

From Welltower's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.