Welltower (WELL) Accumulated Expenses (2019 - 2026)
Welltower (WELL) reported Accumulated Expenses of $2.68 billion for Q3 2026, up 32.3% from $2.03 billion a year earlier and up 7.8% from the prior quarter.
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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 eight quarters, with growth averaging 29.1% over the last eight 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 Q3 2026 came in at $2.49 billion (Q2 2026), $2.31 billion (Q1 2026) and $2.72 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.68 Bn |
| 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();