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Welltower Inc. (NYSE:WELL), a real estate investment trust (REIT) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Welltower is a large U.S. REIT owning healthcare properties such as senior housing, post‑acute facilities and medical office buildings. Growth drivers include aging demographics, a shift toward outpatient care, and contractual cash flows from long leases and operator partnerships that may support steady income. Investors may view it as a diversified, scale‑oriented way to access healthcare real estate and REIT cash distributions.
Principal risks are operator credit and concentration, interest‑rate and leverage sensitivity, and regulatory or reimbursement changes that could weaken operator cash flow and occupancy.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 173.06M | 170.75M | -31.55M | 542.89M | 423.49M |
| Minority interest | -19.35M | -38.34M | 1252.34M | 97.98M | 24.80M |
| Net income | 141.21M | 162.04M | -41.52M | 539.93M | 804.95M |
| Selling general administrative | 150.39M | 126.73M | 128.39M | 126.55M | 126.38M |
| Gross profit | 2301.84M | 1967.55M | 2008.14M | 2431.26M | 2267.48M |
| Reconciled depreciation | 1310.37M | 1037.57M | 1049.78M | 1043.22M | 970.07M |
| Ebit | 729.10M | 754.25M | 676.54M | 1206.34M | 1077.74M |
| Ebitda | 2039.46M | 1791.82M | 1714.98M | 2233.41M | 2028.20M |
| Depreciation and amortization | 1310.37M | 1037.57M | 1038.44M | 1027.07M | 950.46M |
| Non operating income net other | 3.77M | 296.72M | - | 870.23M | 414.93M |
| Operating income | 729.10M | 754.25M | 676.54M | 1206.34M | 1161.23M |
| Other operating expenses | 5029.85M | 3946.12M | 3859.09M | 3862.35M | 3509.86M |
| Interest expense | 529.52M | 489.85M | 514.39M | 555.56M | 526.59M |
| Tax provision | 7.25M | 8.71M | 9.97M | 2.96M | 8.67M |
| Interest income | - | - | - | 551.16M | 55.81M |
| Net interest income | -529.52M | -489.85M | -514.39M | -555.56M | -470.78M |
| Extraordinary items | - | - | - | 748.04M | 415.57M |
| Non recurring | -17.50M | -58.38M | - | -28.13M | -115.58M |
| Income tax expense | 7.25M | 8.71M | 9.97M | 2.96M | 8.67M |
| Total revenue | 5860.61M | 4742.11M | 4605.97M | 5121.31M | 4700.50M |
| Total operating expenses | 1471.08M | 1171.56M | 1261.27M | 1172.31M | 1076.84M |
| Cost of revenue | 3558.77M | 2774.56M | 2597.82M | 2690.04M | 2433.02M |
| Total other income expense net | -556.03M | -583.50M | -708.09M | -663.45M | -240.56M |
| Net income from continuing ops | 160.57M | 374.48M | 1038.85M | 1330.41M | 829.75M |
| Net income applicable to common shares | 141.21M | 336.14M | 978.84M | 1232.43M | 758.25M |
| Preferred stock and other adjustments | - | - | - | - | 46.70M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 37893.23M | 34910.32M | 32483.64M | 33380.75M | 30342.07M |
| Intangible assets | 1945.46M | 1789.63M | 1500.03M | 1617.05M | 1581.16M |
| Other current assets | 415.03M | -961.55M | 476.00M | 100.85M | 100.75M |
| Total liab | 16499.24M | 15912.45M | 15258.58M | 16398.25M | 14331.43M |
| Total stockholder equity | 20294.81M | 17636.00M | 15972.72M | 15540.44M | 14632.33M |
| Other current liab | -11967.44M | 753.44M | 824.59M | 1009.48M | 1034.28M |
| Common stock | 491.92M | 448.61M | 418.69M | 411.00M | 384.46M |
| Capital stock | 491.92M | 448.61M | 418.69M | 411.00M | 1102.96M |
| Retained earnings | -6709.15M | -5717.18M | -5016.12M | -4869.57M | -4697.02M |
| Other liab | 744.45M | 307.32M | 568.36M | 623.73M | - |
| Good will | 68.32M | 68.32M | 68.32M | 68.32M | 68.32M |
| Other assets | 32211.02M | 30675.39M | 29370.24M | 188.06M | 317.44M |
| Cash | 631.68M | 269.26M | 1545.05M | 284.92M | 215.38M |
| Total current liabilities | 1535.33M | 1560.49M | 1041.59M | 2597.08M | 2181.28M |
| Current deferred revenue | 432.94M | 307.32M | 115.41M | - | - |
| Net debt | 14332.23M | 14407.63M | 12671.94M | 15103.85M | 13081.77M |
| Short term debt | 12853.10M | 324.94M | 38189.20M | 1587.60M | 1147.00M |
| Short long term debt | - | 324.94M | - | 1587.60M | 1147.00M |
| Short long term debt total | 14963.91M | 14676.90M | 14216.99M | 15388.76M | 13297.14M |
| Other stockholder equity | 26631.75M | 23025.89M | 20718.65M | 20111.16M | 18356.16M |
| Property plant equipment | 32664.63M | 31084.33M | 27814.96M | 29172.46M | 27116.34M |
| Total current assets | 3076.15M | 2584.53M | 3437.51M | 1880.12M | 1700.41M |
| Long term investments | 1499.79M | 1039.04M | 29421.18M | 31702.69M | 28903.68M |
| Net tangible assets | 20679.26M | 17567.68M | 16247.89M | 15948.00M | 14269.56M |
| Short term investments | 1499.79M | 1039.04M | - | - | - |
| Net receivables | 2353.86M | 2237.78M | 1416.47M | 1494.35M | 1384.28M |
| Long term debt | 14548.09M | 13806.02M | 13798.72M | 13327.48M | 12150.14M |
| Inventory | - | 1039.04M | - | - | - |
| Accounts payable | 216.73M | 174.80M | 101.59M | 58.65M | - |
| Noncontrolling interest in consolidated entity | 714.74M | 960.58M | 908.85M | 966.18M | 954.26M |
| Accumulated other comprehensive income | -119.71M | -121.32M | -148.50M | -112.16M | -129.77M |
| Common stock total equity | 491.92M | 448.61M | 418.69M | 411.00M | 384.46M |
| Preferred stock total equity | - | - | - | - | 718.50M |
| Retained earnings total equity | -6709.15M | -5717.18M | -5016.12M | -4869.57M | -4697.02M |
| Treasury stock | -111.00M | -107.75M | -104.49M | -78.95M | -68.50M |
| Non currrent assets other | 30979.58M | 28906.01M | 26065.68M | 28695.40M | 26509.27M |
| Non current assets total | 34817.09M | 32325.79M | 29046.13M | 31500.63M | 28641.67M |
| Capital lease obligations | 415.82M | 545.94M | 418.27M | 473.69M | 70.67M |
| Long term debt total | 14548.09M | 13806.02M | 13798.72M | 13327.48M | 12150.14M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -391.08M | -775.27M | -609.75M | -79.16M | 58.91M |
| Change to liabilities | 50.86M | 77.55M | 22.76M | -29.07M | 70.76M |
| Total cashflows from investing activities | -3703.82M | -4516.27M | 2347.93M | -2048.79M | -2386.47M |
| Net borrowings | 366.24M | 247.03M | -1237.32M | 1054.99M | 1455.09M |
| Total cash from financing activities | 2761.28M | 1567.66M | -2080.86M | 577.15M | 818.37M |
| Change to operating activities | 50.86M | 77.55M | 22.76M | -29.07M | 70.76M |
| Net income | 160.57M | 374.48M | 1038.85M | 1330.41M | 829.75M |
| Change in cash | 375.54M | -1674.29M | 1635.28M | 69.64M | 6.83M |
| Begin period cash flow | 346.75M | 2021.04M | 385.77M | 316.13M | 309.30M |
| End period cash flow | 722.29M | 346.75M | 2021.04M | 385.77M | 316.13M |
| Total cash from operating activities | 1328.71M | 1275.33M | 1364.76M | 1535.97M | 1583.94M |
| Issuance of capital stock | 3667.85M | 2348.20M | 595.31M | 1056.12M | 789.58M |
| Depreciation | 1336.91M | 1053.18M | 1049.78M | 1043.22M | 970.07M |
| Other cashflows from investing activities | 101.04M | 1043.73M | 4307.75M | 2642.37M | 1541.87M |
| Dividends paid | -1131.53M | -1035.91M | -1119.23M | -1400.71M | 1348.86M |
| Change to account receivables | -191.44M | -122.12M | -54.58M | -63.42M | 5.83M |
| Sale purchase of stock | 3534.10M | 2052.13M | -7.66M | 4758.85M | 3297.62M |
| Other cashflows from financing activities | 1007.07M | -1599.14M | 733.31M | -3552.68M | -1557.13M |
| Change to netincome | -28.19M | -107.77M | -692.06M | -745.18M | -292.46M |
| Capital expenditures | 30.49M | 19.35M | 17.47M | 15.27M | 7.91M |
| Cash flows other operating | -191.44M | -122.12M | -54.58M | -63.42M | 5.83M |
| Cash and cash equivalents changes | 386.17M | -1673.28M | 1631.83M | 64.33M | 15.84M |
| Change in working capital | -140.58M | -44.56M | -31.82M | -92.49M | 76.59M |
| Stock based compensation | 26.15M | 17.81M | 28.32M | 25.05M | 27.65M |
| Other non cash items | -47.09M | -30.82M | 60.25M | -106.33M | -32.86M |
| Free cash flow | 1298.22M | 1255.97M | 1347.28M | 1520.70M | 1576.04M |
Sector: Real Estate Industry: REIT - Healthcare Facilities
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| WELL Welltower Inc |
-2.56 1.03% |
245.43 | 170.68 | 72.46 | 7.75 | 2.13 | 9.77 | 27.67 |
| VTR Ventas Inc |
-0.16 0.18% |
89.04 | 161.02 | 131.58 | 7.08 | 3.12 | 9.07 | 24.46 |
| OHI Omega Healthcare Investors Inc |
- -% |
47.99 | 16.83 | 10.13 | 11.78 | 2.66 | 14.30 | 12.72 |
| DOC Healthpeak Properties Inc |
-0.05 0.25% |
20.12 | 164.70 | 113.64 | 4.06 | 1.58 | 7.64 | 13.08 |
| AHR American Healthcare REIT, Inc. |
-0.33 0.59% |
56.04 | 117.90 | 61.73 | 4.21 | 2.90 | 4.96 | 31.16 |
Welltower Inc. (NYSE:WELL), a real estate investment trust (REIT) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.
| Name | Title | Year Born |
|---|---|---|
| Mr. Shankh S. Mitra | CEO, Chief Investment Officer & Director | 1981 |
| Mr. Timothy G. McHugh | Exec. VP & CFO | 1985 |
| Mr. John F. Burkart | Exec. VP & COO | 1964 |
| Mr. Matthew Grant McQueen J.D. | Exec. VP, Gen. Counsel & Corp. Sec. | 1973 |
| Ms. Ayesha M. Menon | Sr. VP of Wellness Housing and Devel. | 1981 |
| Mr. Joshua T. Fieweger | Sr. VP & Chief Accounting Officer | 1981 |
| Krishna Soma | VP of Corp. Fin. | NA |
| Jack Rahner | Sr. VP of Technology | NA |
| Ms. Mary Ellen Pisanelli J.D. | Sr. VP of Legal & Admin. | NA |
| Mr. Nicholas Rumanes | Head of Devel. | NA |
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