Welltower (WELL) Construction in Progress (2009 - 2026)
Welltower (WELL) posted quarterly Construction in Progress of $848.3 million for Q2 2026, up 19.13% year-over-year from $712.1 million in Q2 2025, and up 11.01% quarter-over-quarter from $764.2 million in Q1 2026.
Welltower (WELL) Construction in Progress (2009 - 2026) Analysis & Trends
Welltower (WELL) has reported Construction in Progress for 18 consecutive years, with $848.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Construction in Progress rose 19.13% year-over-year to $848.3 million; the TTM figure through Jun 2026 stood at $848.3 million (up 19.13% YoY), while the FY2025 annual figure was $738.9 million, down 39.42% from the prior year.
- Construction in Progress climbed to $848.3 million in Q2 2026 per WELL's latest filing, from $764.2 million in the prior quarter.
- Across five years, Construction in Progress topped out at $1.5 billion in Q2 2024 and bottomed at $511.6 million in Q3 2025.
- Historically, Construction in Progress has averaged $1.0 billion across 5 years, with a median of $1.0 billion in 2022.
- Annual changes were most pronounced in 2022 — Construction in Progress surged 96.28% — and 2025, when it tumbled 62.79%.
- Welltower's Construction in Progress stood at $1.0 billion in 2022, then increased by 27.75% to $1.3 billion in 2023, then fell by 6.49% to $1.2 billion in 2024, then plunged by 39.42% to $738.9 million in 2025, then rose by 14.82% to $848.3 million in 2026.
- Business Quant data shows WELL's Construction in Progress at $848.3 million in Q2 2026, $764.2 million in Q1 2026, and $738.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.76 Bn | 166.80 Bn | 1.39 Bn | 848.35 Mn |
| 2 | Ventas | 45.45 Bn | 45.25 Bn | 1.73 Bn | 253.90 Mn |
| 3 | Healthpeak Properties | 14.55 Bn | 14.55 Bn | - | 969.50 Mn |
| 4 | Omega Healthcare Investors | 13.90 Bn | 13.90 Bn | - | 16.79 Mn |
| 5 | American Healthcare REIT | 10.67 Bn | 10.48 Bn | 149.41 Mn | - |
| 6 | CareTrust REIT | 9.24 Bn | 9.24 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.64 Bn | 6.64 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.15 Bn | 5.15 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | - |
| 10 | National Health Investors | 3.56 Bn | 3.56 Bn | - | 19.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 562.49 Mn |