Welltower (WELL) FCF Margin (2009 - 2026)
Welltower (WELL) posted quarterly FCF Margin of 19.31% for Q2 2026, down 177.0% year-over-year from 25.07% in Q2 2025, and up 61.71% quarter-over-quarter from 11.94% in Q1 2026.
Welltower (WELL) FCF Margin (2009 - 2026) Analysis & Trends
Welltower (WELL) has reported FCF Margin for 18 consecutive years, with 19.31% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin fell 177.0% year-over-year to 19.31%; the TTM figure through Jun 2026 stood at 15.83% (down 294.0% YoY), while the FY2025 annual figure was 16.9%, down 61.0% from the prior year.
- FCF Margin climbed to 19.31% in Q2 2026 per WELL's latest filing, from 11.94% in the prior quarter.
- Across five years, FCF Margin topped out at 126.09% in Q4 2022 and bottomed at 32.29% in Q2 2022.
- Historically, FCF Margin has averaged 13.77% across 5 years, with a median of 11.46% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin jumped 20748 bps — and 2023, when it sank 12115 bps.
- Welltower's FCF Margin stood at 126.09% in 2022, then sank by 96 bps to 4.93% in 2023, then jumped by 201 bps to 14.85% in 2024, then declined by 28 bps to 10.7% in 2025, then jumped by 80 bps to 19.31% in 2026.
- Business Quant data shows WELL's FCF Margin at 19.31% in Q2 2026, 11.94% in Q1 2026, and 10.7% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.28 Bn | 166.31 Bn | 1.39 Bn | 19.31% |
| 2 | Ventas | 45.36 Bn | 45.17 Bn | 1.73 Bn | -53.23% |
| 3 | Healthpeak Properties | 14.65 Bn | 14.65 Bn | - | 26.45% |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | 35.53% |
| 5 | American Healthcare REIT | 10.76 Bn | 10.56 Bn | 149.41 Mn | 10.84% |
| 6 | CareTrust REIT | 9.30 Bn | 9.30 Bn | - | -161.55% |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | 25.68% |
| 8 | Sabra Health Care REIT | 5.18 Bn | 5.18 Bn | - | -46.89% |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | 3.89% |
| 10 | National Health Investors | 3.58 Bn | 3.58 Bn | - | -48.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.31% |
| Mar 31, 2026 | 11.94% |
| Dec 31, 2025 | 10.70% |
| Sep 30, 2025 | 22.17% |
| Jun 30, 2025 | 21.08% |
| Mar 31, 2025 | 14.80% |
| Dec 31, 2024 | 14.85% |
| Sep 30, 2024 | 24.89% |
| Jun 30, 2024 | 20.72% |
| Mar 31, 2024 | 9.41% |
| Dec 31, 2023 | 4.93% |
| Sep 30, 2023 | 10.98% |
| Jun 30, 2023 | 10.11% |
| Mar 31, 2023 | 9.60% |
| Dec 31, 2022 | 126.09% |
| Sep 30, 2022 | -31.57% |
| Jun 30, 2022 | -32.29% |
| Mar 31, 2022 | -19.84% |
| Dec 31, 2021 | -81.39% |
| Sep 30, 2021 | -138.80% |