Welltower (WELL) Depreciation and Amortization (2009 - 2026)
Welltower's Depreciation and Amortization was $737.76 million in Q2 2026, up 49.0% from $495.04 million a year earlier and up 18.5% from the prior quarter.
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Analysis
Welltower (WELL) Depreciation and Amortization (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Welltower's Depreciation and Amortization was $2.46 billion through Jun 30, 2026, up 32.1% year-over-year; for FY2025, it came in at $2.08 billion, up 27.7% from FY2024.
- Depreciation and Amortization has now increased for four consecutive years, with a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
- In earlier years, Depreciation and Amortization was $1.63 billion in FY2024 (+16.5%), $1.4 billion in FY2023 (+6.9%), $1.31 billion in FY2022 (+26.3%) and $1.04 billion in FY2021 (-0.1%).
- The Q2 2026 figure marks the highest quarterly Depreciation and Amortization in data going back to Q1 2011.
- Compared with a year earlier, Depreciation and Amortization has increased for 11 straight quarters, with growth averaging 29.3% over the last eight quarters.
- The best year-over-year quarter for Depreciation and Amortization over five years was Q2 2026 (growth of 49.0%); the worst was Q3 2023 (a decline of 4.1%).
- Per Business Quant data, WELL's Depreciation and Amortization in the three quarters before Q2 2026 was $622.75 million (Q1 2026), $594.15 million (Q4 2025) and $509.81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | D&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 181.70 Bn | 168.77 Bn | 1.47 Bn | 706.79 Mn |
| 2 | Prologis | 123.65 Bn | 122.03 Bn | - | 710.30 Mn |
| 3 | Simon Property | 80.48 Bn | 78.58 Bn | - | 510.77 Mn |
| 4 | Public Storage | 62.76 Bn | 62.20 Bn | 112.08 Mn | 412.61 Mn |
| 5 | Realty Income | 56.61 Bn | 57.99 Bn | - | 647.56 Mn |
| 6 | Ryman Hospitality Properties | 47.80 Bn | 46.64 Bn | 266.41 Mn | 83.16 Mn |
| 7 | Ventas | 47.78 Bn | 46.95 Bn | -3.39 Bn | 446.01 Mn |
| 8 | Vivmark Residential | 38.23 Bn | 37.98 Bn | - | 897.98 Mn |
| 9 | Extra Space Storage | 33.20 Bn | 32.98 Bn | 650.96 Mn | 189.60 Mn |
| 10 | Vici Properties | 27.53 Bn | 26.31 Bn | 1.06 Bn | 876,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 706.79 Mn |
| Jun 30, 2026 | 737.76 Mn |
| Mar 31, 2026 | 622.75 Mn |
| Dec 31, 2025 | 594.15 Mn |
| Sep 30, 2025 | 509.81 Mn |
| Jun 30, 2025 | 495.04 Mn |
| Mar 31, 2025 | 485.87 Mn |
| Dec 31, 2024 | 480.41 Mn |
| Sep 30, 2024 | 403.78 Mn |
| Jun 30, 2024 | 382.05 Mn |
| Mar 31, 2024 | 365.86 Mn |
| Dec 31, 2023 | 380.73 Mn |
| Sep 30, 2023 | 339.31 Mn |
| Jun 30, 2023 | 341.95 Mn |
| Mar 31, 2023 | 339.11 Mn |
| Dec 31, 2022 | 342.29 Mn |
| Sep 30, 2022 | 353.70 Mn |
| Jun 30, 2022 | 310.30 Mn |
| Mar 31, 2022 | 304.09 Mn |
| Dec 31, 2021 | 284.50 Mn |
API Access
Welltower Depreciation and Amortization 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=depreciation-and-amortization&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization", "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=depreciation-and-amortization&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();