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.
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Analysis
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 Set
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
Download Data
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 |
API Access
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_KEYimport 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();