Welltower (WELL) Accumulated Expenses (2019 - 2026)
Welltower (WELL) reported Accumulated Expenses of $2.49 billion for Q2 2026, up 25.8% from $1.98 billion a year earlier and up 8.0% from the prior quarter.
Powered by 
Analysis
Welltower (WELL) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025, Welltower posted Accumulated Expenses of $2.72 billion, up 58.7% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of 21.2% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $1.71 billion in FY2024 (+12.6%), $1.52 billion in FY2023 (-0.9%), $1.54 billion in FY2022 (+24.3%) and $1.24 billion in FY2021 (+18.6%).
- Five-year quarterly Accumulated Expenses spans a low of $1.24 billion in Q4 2021 and a high of $2.72 billion in Q4 2025.
- Year over year, Accumulated Expenses has now increased in each of the last seven quarters, with growth averaging 28.6% over the last seven quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q4 2025 (growth of 58.7%); the low point was Q4 2023 (a decline of 0.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.31 billion (Q1 2026), $2.72 billion (Q4 2025) and $2.03 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 164.76 Bn | 146.25 Bn | 1.39 Bn |
| 2 | Prologis | 121.87 Bn | 116.91 Bn | - |
| 3 | Simon Property | 64.46 Bn | 60.31 Bn | - |
| 4 | Realty Income | 51.43 Bn | 49.65 Bn | - |
| 5 | Public Storage | 50.74 Bn | 49.73 Bn | - |
| 6 | Ventas | 41.30 Bn | 39.99 Bn | - |
| 7 | Extra Space Storage | 28.19 Bn | 28.19 Bn | 642.43 Mn |
| 8 | Vici Properties | 24.97 Bn | 23.08 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.73 Bn | 22.51 Bn | - |
| 10 | Essex Property Trust | 17.29 Bn | 17.05 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.49 Bn |
| Mar 31, 2026 | 2.31 Bn |
| Dec 31, 2025 | 2.72 Bn |
| Sep 30, 2025 | 2.03 Bn |
| Jun 30, 2025 | 1.98 Bn |
| Mar 31, 2025 | 1.70 Bn |
| Dec 31, 2024 | 1.71 Bn |
| Sep 30, 2024 | 1.73 Bn |
| Jun 30, 2024 | 1.52 Bn |
| Mar 31, 2024 | 1.42 Bn |
| Dec 31, 2023 | 1.52 Bn |
| Dec 31, 2022 | 1.54 Bn |
| Dec 31, 2021 | 1.24 Bn |
| Dec 31, 2020 | 1.04 Bn |
| Dec 31, 2019 | 1.01 Bn |
API Access
Welltower Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "WELL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();