Welltower (WELL) FCF Margin (2009 - 2026)
Welltower's FCF Margin came in at -129.44% for Q2 2026, down 108.91 percentage points from -20.53% a year earlier and down 105.14 percentage points from the prior quarter.
Welltower (WELL) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Welltower reported FCF Margin of -122.56%, down 69.94 percentage points year-over-year; for FY2025, it was -115.52%, down 78.55 percentage points from FY2024.
- FCF Margin carries a five-year change of -115.84 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -36.97% in FY2024 (+15.59 pp), -52.56% in FY2023 (-16.98 pp), -35.58% in FY2022 (+38.43 pp) and -74.00% in FY2021 (-74.32 pp).
- The five-year range for quarterly FCF Margin is -302.94% (Q4 2025) to 2.00% (Q2 2023).
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -34.56 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2022 (a gain of 102.71 percentage points), and the weakest in Q4 2025 (a drop of 222.46 percentage points).
- Business Quant data shows WELL's FCF Margin at -24.30% (Q1 2026), -302.94% (Q4 2025) and -22.50% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 181.70 Bn | 168.77 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 123.65 Bn | 122.03 Bn | - | 8.67% |
| 3 | Simon Property | 80.48 Bn | 78.58 Bn | - | 45.30% |
| 4 | Public Storage | 62.76 Bn | 62.20 Bn | 112.08 Mn | 61.86% |
| 5 | Realty Income | 56.61 Bn | 57.99 Bn | - | -70.50% |
| 6 | Ryman Hospitality Properties | 47.80 Bn | 46.64 Bn | 266.41 Mn | 10.98% |
| 7 | Ventas | 47.78 Bn | 46.95 Bn | -3.39 Bn | -44.56% |
| 8 | Vivmark Residential | 38.23 Bn | 37.98 Bn | - | -58.77% |
| 9 | Extra Space Storage | 33.20 Bn | 32.98 Bn | 650.96 Mn | 42.53% |
| 10 | Vici Properties | 27.53 Bn | 26.31 Bn | 1.06 Bn | 60.78% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -78.67% |
| Jun 30, 2026 | -129.44% |
| Mar 31, 2026 | -24.30% |
| Dec 31, 2025 | -302.94% |
| Sep 30, 2025 | -22.50% |
| Jun 30, 2025 | -20.53% |
| Mar 31, 2025 | -72.49% |
| Dec 31, 2024 | -80.47% |
| Sep 30, 2024 | -38.49% |
| Jun 30, 2024 | -18.18% |
| Mar 31, 2024 | -1.09% |
| Dec 31, 2023 | -147.56% |
| Sep 30, 2023 | -35.87% |
| Jun 30, 2023 | 2.00% |
| Mar 31, 2023 | -22.06% |
| Dec 31, 2022 | -5.80% |
| Sep 30, 2022 | -51.43% |
| Jun 30, 2022 | -49.82% |
| Mar 31, 2022 | -36.20% |
| Dec 31, 2021 | -102.13% |
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_KEY
import 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();