Welltower (WELL) FCF Payout Ratio (2009 - 2026)
Welltower (WELL) posted quarterly FCF Payout Ratio of 0.77 for Q2 2026, down 6.25% year-over-year from 0.82 in Q2 2025, and down 41.09% quarter-over-quarter from 1.3 in Q1 2026.
Welltower (WELL) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Welltower (WELL) has reported FCF Payout Ratio for 18 consecutive years, with 0.77 the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 6.25% year-over-year to 0.77; the TTM figure through Jun 2026 stood at 1.02 (up 4.13% YoY), while the FY2025 annual figure was 1.03, down 7.17% from the prior year.
- FCF Payout Ratio eased to 0.77 in Q2 2026 per WELL's latest filing, from 1.3 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 3.92 in Q4 2023 and bottomed at 0.99 in Q1 2022.
- Historically, FCF Payout Ratio has averaged 1.05 across 5 years, with a median of 1.09 in 2025.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio slumped 302.02% — and 2023, when it soared 2417.21%.
- Welltower's FCF Payout Ratio stood at 0.16 in 2022, then jumped by 2417.21% to 3.92 in 2023, then tumbled by 68.08% to 1.25 in 2024, then gained by 19.64% to 1.5 in 2025, then sank by 48.82% to 0.77 in 2026.
- Business Quant data shows WELL's FCF Payout Ratio at 0.77 in Q2 2026, 1.3 in Q1 2026, and 1.5 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 170.69 Bn | 168.72 Bn | 1.39 Bn | 0.77 |
| 2 | Ventas | 45.97 Bn | 45.77 Bn | 1.73 Bn | -0.28 |
| 3 | Healthpeak Properties | 14.69 Bn | 14.69 Bn | - | 1.03 |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | 1.72 |
| 5 | American Healthcare REIT | 10.75 Bn | 10.55 Bn | 149.41 Mn | 0.67 |
| 6 | CareTrust REIT | 9.28 Bn | 9.28 Bn | - | -0.35 |
| 7 | Healthcare Realty Trust | 6.67 Bn | 6.67 Bn | - | 1.14 |
| 8 | Sabra Health Care REIT | 5.17 Bn | 5.17 Bn | - | -0.68 |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | 0.17 |
| 10 | National Health Investors | 3.59 Bn | 3.59 Bn | - | -0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.77 |
| Mar 31, 2026 | 1.30 |
| Dec 31, 2025 | 1.50 |
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 1.21 |
| Dec 31, 2024 | 1.25 |
| Sep 30, 2024 | 0.80 |
| Jun 30, 2024 | 0.97 |
| Mar 31, 2024 | 2.01 |
| Dec 31, 2023 | 3.92 |
| Sep 30, 2023 | 1.75 |
| Jun 30, 2023 | 1.80 |
| Mar 31, 2023 | 2.00 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | -0.61 |
| Jun 30, 2022 | -0.58 |
| Mar 31, 2022 | -0.99 |
| Dec 31, 2021 | -0.25 |
| Sep 30, 2021 | -0.15 |