Welltower (WELL) Capital Expenditures (2009 - 2026)
Welltower (WELL) recorded Capital Expenditures of $319.29 million in Q2 2026, up 37.1% from $232.88 million a year earlier and up 18.3% from the prior quarter.
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Analysis
Welltower (WELL) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Welltower's Capital Expenditures came in at $1.17 billion as of Jun 30, 2026, up 33.8% year-over-year; for FY2025, it came in at $1.05 billion, up 22.5% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 33.8% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $857.55 million in FY2024 (-15.5%), $1.01 billion in FY2023 (+60.7%), $631.74 million in FY2022 (+51.1%) and $417.96 million in FY2021 (+70.6%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures since Q3 2018.
- On a year-over-year basis, Capital Expenditures has increased for six consecutive quarters, with growth averaging 11.7% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 150.8% in Q4 2021, against a decline of 32.4% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $269.83 million (Q1 2026), $313.98 million (Q4 2025) and $263.06 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 319.29 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 254.90 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 57.19 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 56.02 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 101.83 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 31.76 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 21.69 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Invitation Homes | 15.55 Bn | 15.59 Bn | - | 62.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 319.29 Mn |
| Mar 31, 2026 | 269.83 Mn |
| Dec 31, 2025 | 313.98 Mn |
| Sep 30, 2025 | 263.06 Mn |
| Jun 30, 2025 | 232.88 Mn |
| Mar 31, 2025 | 240.35 Mn |
| Dec 31, 2024 | 225.04 Mn |
| Sep 30, 2024 | 173.39 Mn |
| Jun 30, 2024 | 227.36 Mn |
| Mar 31, 2024 | 231.76 Mn |
| Dec 31, 2023 | 284.22 Mn |
| Sep 30, 2023 | 256.60 Mn |
| Jun 30, 2023 | 247.89 Mn |
| Mar 31, 2023 | 226.23 Mn |
| Dec 31, 2022 | 168.27 Mn |
| Sep 30, 2022 | 177.04 Mn |
| Jun 30, 2022 | 148.29 Mn |
| Mar 31, 2022 | 138.14 Mn |
| Dec 31, 2021 | 154.64 Mn |
| Sep 30, 2021 | 118.98 Mn |
API Access
Welltower Capital Expenditures 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=capital-expenditures&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();