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Stocks/Real Estate/Health Care REITs

WelltowerWELL

Health Care REITs · Toledo, Ohio · In the S&P 500
Solid businessPricier than peers
$234.60+0.61%After hours: $234.60 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 32.6% over 1 year
Welltower over 1 yearDaily close, $, to 30 Oct 2026
$175$200$225$250Nov2026MarMayJulSep$234.60$200$250NovMarJul$234.60
Source: Nasdaq daily closes
Market value$172B
Price to earnings–
Forward P/E82.7x
Dividend yield1.36%
Year to date+26.4%
One year+32.6%
Next earningsNot scheduled
52-week range (closes)
$180.88$252.07

Quality and valuation

How Welltower compares with other real estate stocks. A description, not a recommendation.

Welltower and 7 health care reits peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among real estate companies, priced above most of them.

Welltower trades at 82.7 times the next 12 months of expected earnings, against a median of 35.1x for the 30 real estate stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +39.2% vs +5.5%
  • Keeps less of its revenue as profit (net margin): 12.7% vs 22.2%
WELL trades at 82.7x forward earnings, above the sector medianForward p/e, Health Care REITs peers
AMT27.8xSPG31.4xPSA33.0xO34.7xPLD40.2xEQIX57.0xDLR76.9xWELL82.7xSector median 35.1xAMT27.8xSPG31.4xPSA33.0xO34.7xPLD40.2xEQIX57.0xDLR76.9xWELL82.7xSector median 35.1x
Source: CNBC quotes; Mostly Markets
At 101.6x earnings, WELL is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
80x120x140xAverage 107.2x20252026101.6x150xAverage 107.2x20252026101.6x
Source: Nasdaq prices; SEC filings

Financials

From Welltower's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 38.4% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$1bn$2bn$3bnQ4 ’24Q2 ’25Q4 ’25$3.7bnQ3 ’26$0bn$2bnQ4 ’24Q2 ’25Q4 ’25$3.7bnQ3 ’26
Source: SEC filings
Growth slowed to +38.4% last quarterRevenue growth, year on year, %
0%20%40%Q4 ’24Q2 ’25Q4 ’2538.4%Q3 ’260%20%40%Q4 ’24Q2 ’25Q4 ’2538.4%Q3 ’26
Source: SEC filings
Diluted EPS was $0.54 last quarterQuarterly diluted earnings per share, $
$0.0$0.5$1.0Q4 ’24Q2 ’25Q4 ’25$0.54Q3 ’26$0.0$0.5$1.0Q4 ’24Q2 ’25Q4 ’25$0.54Q3 ’26
Source: SEC filings
Last 12 monthsWELLSector median
Revenue growth+39.2%+5.5%

Stories on Welltower

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Similar companies

Health Care REITs, by market value.

CompanyPriceTodayYTDValue
PLDPrologis$127.98−0.03%+0.3%$122B
EQIXEquinix$1,013.70−2.22%+32.3%$100B
AMTAmerican Tower$187.78+1.02%+7.0%$87.09B
SPGSimon Property Group$217.75+0.94%+17.6%$70.45B
DLRDigital Realty$180.70−1.21%+16.8%$67.04B
PSAPublic Storage$324.77+2.43%+25.2%$60.68B
ORealty Income$56.930.00%+1.0%$53.87B
VMRKVivmark Residential$61.90+0.24%−1.8%$47.90B