Stock · WELL · Real Estate

Welltower Inc

United States · Large Cap · listed since 2001 · Revenue 12 mo. $13.7B

Price as of 11/06/2026

StockScorer score
3.6
of 10 4 of 11 points Not rated To the score
Price
$245.01
1 Y +20.9%
Market cap
$176.4B
Phase
Growth
revenue growing, core business profitable
Revenue +22.7% a year (3 years)EBIT margin 3.3%Payout 76.7% of operating cash flow

Welltower Inc., an S&P 500 company, is positioned at the center of the silver economy, focusing on rental housing for aging seniors across the United States, United Kingdom, and Canada.

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Welltower Inc., an S&P 500 company, is positioned at the center of the silver economy, focusing on rental housing for aging seniors across the United States, United Kingdom, and Canada. Their portfolio of 2,500+ seniors and wellness housing communities are positioned at the intersection of housing and hospitality, creating vibrant communities for mature renters and older adults. They believe our real estate portfolio is unmatched, located in highly attractive micro markets with stunning built environments. Yet, Welltower is an unusual real estate organization as they view themselves as an operating company in a real estate wrapper, driven by highly aligned partnerships and an unconventional culture. Through their disciplined approach to capital allocation powered by their Data Science platform and superior operating results driven by the Welltower Business System - their end-to-end operating platform - they aspire to deliver long-term compounding of per share growth for their existing investors, North Star. Welltower Inc. was incorporated in 1970 in Delaware and is based in Toledo, Ohio.

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Summary

Welltower Inc is around the middle of the Real Estate sector overall

44.3 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 24.0% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €2.6B (2025), it supports €28.4B. The remaining €129.9B of the market value assume it grows 24.0% a year for 10 years and not at all afterwards.

Required FCF growth per year

24.0%

no growth afterwards

Market value breakdown€158.3B market value, price as of 11/06/2026

€28.4B without growth
€129.9B priced-in growth
  • 5 yrs achieved 19.1%
  • 10 yrs achieved 5.2%
  • priced in 24.0%

Valuation against its own history

Price to operating cash flow 53.0×, above its usual range.

Middle half of 19 quarters: 29.0× to 40.1×, median 33.4×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 3 speak against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 0.4% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 24.0%, achieved at most 19.1%
  • Volatile earnings 3 drops or sign changes in up to 10 years
  • Profit well above operating result 2.36 times EBIT, last 12 months

Since the last quarter

Q2 → Q3 2026

Mostly better than the previous quarter: 2 of 3 changes for the better.

  • Revenue, 12 mo.$12.6B → $13.7B+8.6%better
  • Net debt$17.8B → $1.2B−93.3%better
  • Shares outstanding732M → 755M+3.1%worse

2 more unchanged: EBIT margin, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability19.3below the middleEarns less than the sector: EBIT margin 3.33%, sector 45.85%.
MetricStockSector medianPosition in sector
Return on equity2.22%7.47%Rank 16
Return on capital (Greenblatt)3.48%30.55%Rank 5
EBIT margin3.33%45.85%Rank 2
FCF margin26.70%37.62%Rank 40
Gross margin39.18%55.39%Rank 34
Growth58.2around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year35.82%6.62%Rank 96
Earnings growth, 3 years per year65.60%3.56%Rank 94
Earnings growth, 5 years per year−10.08%4.17%Rank 18
Sustainable growth (ROE × retained earnings)0.32%2.49%Rank 25
Valuation10.8below the middleValued higher than the sector: EV/EBIT 542.78, sector 23.23.
MetricStockSector medianPosition in sector
Earnings yield0.56%5.58%Rank 9
FCF yield1.61%4.79%Rank 24
EV/saleslower is better18.0712.03Rank 10
EV/EBITlower is better542.7823.23Rank 1
Momentum92.1above the middleShare price doing better than the sector: Share price, 1 year 20.88%, sector −13.68%.
MetricStockSector medianPosition in sector
Share price, 1 year20.88%−13.68%Rank 97
Share price, 6 months14.64%−6.91%Rank 94
Share price, 3 months8.55%0.34%Rank 83
Distance from 52-week high−2.80%−18.73%Rank 94
Quality18.2below the middleQuality below the sector: Price reaction to results, market-adjusted −6.44%, sector −0.47%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better14.48%3.12%Rank 4
Change in share countlower is better11.63%0.26%Rank 6
Dividend streak in years44Rank 63
Price reaction to results, market-adjusted−6.44%−0.47%Rank 1
Balance sheet & risk67.3above the middleLess risk than the sector: Equity ratio 62.60%, sector 46.36%.
MetricStockSector medianPosition in sector
Equity ratio62.60%46.36%Rank 86
Net debt/EBITDAlower is better7.086.62Rank 42
Debt to equitylower is better0.510.92Rank 81
Volatility, 1 yearlower is better23.28%25.05%Rank 61

Ten years in figures

Revenue from $4.3B (2016) to $10.7B (2025), 10.8% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $BSharesNet debt, $B
20164.330.8%1.6360M11.9
20174.325.8%1.4369M11.5
20184.724.9%1.6375M13.1
20195.124.3%1.5404M15.1
20204.615.9%1.3417M12.7
20214.716.2%1.3427M14.4
20225.812.9%1.3465M14.3
20236.514.5%1.6519M14.1
20247.914.6%2.2609M13.3
202510.73.3%2.8680M16.3
3.6 / 10Not ratedStockScorer score4 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

Welltower Inc mainly meets criteria in the Growth category. Result from 18 strategies checked.

This stock · Profitability: 0%This stock · Growth: 100%This stock · Valuation: 0%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Welltower Inc's score is built

This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Welltower Inc. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

3 of 7 rules met

4 of 11 points

The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksapplies

Detail data

How does Welltower Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Defensive: Low Volatility
  • Moat Quality
  • Altman Z-Score: Stress Test
  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Balanced GARP
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

Welltower Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Welltower Inc.

MetricStockSector
P/E ratio177.716.4
P/B ratio4.01.0
Return on equity (ROE)2.2%7.5%
Equity ratio62.6%46.4%
Debt-to-equity (D/E)0.510.92
Dividend yield1.3%4.2%

Similar stocks in Real Estate

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
WELLWelltower Incthis page
VTRVentas IncLow1.8
OHIOmega Healthcare Investors Inclocked
DOCHealthpeak Properties IncLow5.5
AHRAmerican Healthcare REIT, Inc.locked
PLDPrologis Inclocked

Frequently asked questions about Welltower Inc stock

How does Welltower Inc stock (WELL) score in the StockScorer model?
Welltower Inc stock reaches a StockScorer score of 3.6 out of 10, but is not rated (exclusion rule: Exclusion: financial and real estate stocks).
What is Welltower Inc's P/E ratio?
Welltower Inc's P/E ratio is 177.7. The Real Estate sector median is 16.4.
What sector is Welltower Inc in?
Welltower Inc is assigned to the Real Estate sector. Its rank within the sector is 44.3 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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