Welltower (WELL) FCF Margin (2009 - 2026)
Welltower's FCF Margin came in at 19.31% for Q2 2026, down 1.77 percentage points from 21.08% a year earlier but up 7.37 percentage points from the prior quarter.
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Analysis
Welltower (WELL) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Welltower reported FCF Margin of 15.83%, down 2.94 percentage points year-over-year; for FY2025, it was 16.90%, down 0.61 percentage points from FY2024.
- FCF Margin carries a five-year change of -7.41 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 17.51% in FY2024 (+8.66 pp), 8.84% in FY2023 (-3.05 pp), 11.89% in FY2022 (-6.19 pp) and 18.08% in FY2021 (-6.23 pp).
- The five-year range for quarterly FCF Margin is 4.93% (Q4 2023) to 24.89% (Q3 2024).
- Year-over-year, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of +2.26 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2024 (a gain of 13.91 percentage points), and the weakest in Q1 2022 (a drop of 8.51 percentage points).
- Business Quant data shows WELL's FCF Margin at 11.94% (Q1 2026), 10.70% (Q4 2025) and 22.17% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 52.96% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 70.29% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 65.90% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 26.29% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Invitation Homes | 15.69 Bn | 15.73 Bn | - | 42.97% |
Historic Data
Download Data
Historic 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 | 5.61% |
| Sep 30, 2022 | 12.14% |
| Jun 30, 2022 | 16.74% |
| Mar 31, 2022 | 13.35% |
| Dec 31, 2021 | 9.83% |
| Sep 30, 2021 | 18.88% |
API Access
Welltower FCF Margin 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=fcf-margin&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();