Welltower (WELL) Construction in Progress (2009 - 2026)
Welltower's Construction in Progress came in at $1.24 billion for Q3 2026, up 142.3% from $511.57 million a year earlier and up 46.1% from the prior quarter.
Welltower (WELL) Construction in Progress (2009 - 2026) Analysis & Trends
At the end of FY2025, Welltower's Construction in Progress was $738.86 million, down 39.4% from FY2024.
- Construction in Progress carries a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- Going back by year, Construction in Progress was $1.22 billion in FY2024 (-6.5%), $1.3 billion in FY2023 (+27.8%), $1.02 billion in FY2022 (+56.8%) and $651.39 million in FY2021 (+33.6%).
- The Q3 2026 figure represents the highest quarterly Construction in Progress since Q3 2024.
- Year-over-year, Construction in Progress increased in two of the last eight quarters, with an average decline of 6.0%.
- The fastest year-over-year change in Construction in Progress over five years came in Q3 2026 (growth of 142.3%), and the weakest in Q3 2025 (a decline of 62.8%).
- Business Quant data shows WELL's Construction in Progress at $848.35 million (Q2 2026), $764.22 million (Q1 2026) and $738.86 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 1.24 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 | - | 322.29 Mn |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 248.74 Mn |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 110.15 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 25.50 Mn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | 58.31 Mn |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 269.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.24 Bn |
| Jun 30, 2026 | 848.35 Mn |
| Mar 31, 2026 | 764.22 Mn |
| Dec 31, 2025 | 738.86 Mn |
| Sep 30, 2025 | 511.57 Mn |
| Jun 30, 2025 | 712.12 Mn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.22 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.47 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.30 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.11 Bn |
| Mar 31, 2023 | 1.12 Bn |
| Dec 31, 2022 | 1.02 Bn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 900.63 Mn |
| Mar 31, 2022 | 717.66 Mn |
| Dec 31, 2021 | 651.39 Mn |
Welltower Construction in Progress 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=construction-in-progress&ticker=WELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();