Welltower (WELL) Free Cash Flow (2009 - 2026)
Welltower's (WELL) quarterly Free Cash Flow came in at $684.3 million in Q2 2026, up 27.4% year-over-year from $537.2 million in Q2 2025, and up 71.01% quarter-over-quarter from $400.2 million in Q1 2026.
Analysis
Welltower (WELL) Free Cash Flow (2009 - 2026) Analysis & Trends
Welltower (WELL) has reported Free Cash Flow for 18 consecutive years, with $684.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 27.4% year-over-year to $684.3 million in Q2 2026; TTM through Jun 2026 was $2.0 billion, a 16.0% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 30.92% from the prior year.
- Free Cash Flow was $684.3 million for Q2 2026 at Welltower, up from $400.2 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.9 billion in Q4 2022 and troughed at -$475.5 million in Q2 2022.
- A 5-year average of $311.0 million and a median of $337.3 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow sank 375.37% in 2022 and soared 287.32% in 2024, its largest moves.
- Over 5 years, Free Cash Flow stood at $1.9 billion in 2022, then slumped by 95.49% to $86.3 million in 2023, then soared by 287.32% to $334.2 million in 2024, then rose by 1.85% to $340.4 million in 2025, then soared by 101.07% to $684.3 million in 2026.
- The last three Free Cash Flow figures came in at $684.3 million (Q2 2026), $400.2 million (Q1 2026), and $340.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.59 Bn | 165.62 Bn | 1.39 Bn | 684.33 Mn |
| 2 | Ventas | 44.30 Bn | 44.10 Bn | 1.73 Bn | -920.75 Mn |
| 3 | Healthpeak Properties | 14.06 Bn | 14.06 Bn | - | 204.07 Mn |
| 4 | Omega Healthcare Investors | 14.03 Bn | 14.03 Bn | - | 116.61 Mn |
| 5 | American Healthcare REIT | 10.41 Bn | 10.22 Bn | 149.41 Mn | 73.10 Mn |
| 6 | CareTrust REIT | 9.07 Bn | 9.07 Bn | - | -260.65 Mn |
| 7 | Healthcare Realty Trust | 6.46 Bn | 6.46 Bn | - | 72.39 Mn |
| 8 | Sabra Health Care REIT | 5.25 Bn | 5.25 Bn | - | -110.61 Mn |
| 9 | Diversified Healthcare Trust | 4.46 Bn | 4.35 Bn | 298.67 Mn | 14.20 Mn |
| 10 | National Health Investors | 3.40 Bn | 3.40 Bn | - | -59.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 684.33 Mn |
| Mar 31, 2026 | 400.18 Mn |
| Dec 31, 2025 | 340.35 Mn |
| Sep 30, 2025 | 595.30 Mn |
| Jun 30, 2025 | 537.16 Mn |
| Mar 31, 2025 | 358.61 Mn |
| Dec 31, 2024 | 334.18 Mn |
| Sep 30, 2024 | 511.60 Mn |
| Jun 30, 2024 | 378.06 Mn |
| Mar 31, 2024 | 175.04 Mn |
| Dec 31, 2023 | 86.28 Mn |
| Sep 30, 2023 | 182.46 Mn |
| Jun 30, 2023 | 168.36 Mn |
| Mar 31, 2023 | 149.83 Mn |
| Dec 31, 2022 | 1.91 Bn |
| Sep 30, 2022 | -465.24 Mn |
| Jun 30, 2022 | -475.55 Mn |
| Mar 31, 2022 | -276.89 Mn |
| Dec 31, 2021 | -1.07 Bn |
| Sep 30, 2021 | -1.72 Bn |