Welltower Inc. (WELL) Gross Margin (2018 - 2026)
Welltower (WELL) recorded Gross Margin of 39.34% in Q2 2026, down 1.22 percentage points from 40.56% a year earlier but up 0.66 percentage points from the prior quarter.
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Welltower Inc. (WELL) Gross Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Welltower's Gross Margin came in at 39.54% as of Jun 30, 2026, down 0.11 percentage points year-over-year; for FY2025, it came in at 40.14%, up 0.58 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -3.46 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 39.56% in FY2024 (-0.97 pp), 40.53% in FY2023 (+1.25 pp), 39.28% in FY2022 (-2.21 pp) and 41.49% in FY2021 (-2.11 pp).
- Quarterly Gross Margin has ranged from 37.39% in Q4 2024 to 42.44% in Q2 2023 over the past five years.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -0.32 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.61 percentage points in Q4 2023, against a drop of 4.66 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 38.68% (Q1 2026), 39.20% (Q4 2025) and 41.28% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.34% |
| Mar 31, 2026 | 38.68% |
| Dec 31, 2025 | 39.20% |
| Sep 30, 2025 | 41.28% |
| Jun 30, 2025 | 40.56% |
| Mar 31, 2025 | 39.65% |
| Dec 31, 2024 | 37.39% |
| Sep 30, 2024 | 41.01% |
| Jun 30, 2024 | 39.10% |
| Mar 31, 2024 | 41.02% |
| Dec 31, 2023 | 40.79% |
| Sep 30, 2023 | 40.12% |
| Jun 30, 2023 | 42.44% |
| Mar 31, 2023 | 38.63% |
| Dec 31, 2022 | 38.17% |
| Sep 30, 2022 | 38.11% |
| Jun 30, 2022 | 42.00% |
| Mar 31, 2022 | 38.84% |
| Dec 31, 2021 | 40.03% |
| Sep 30, 2021 | 41.17% |
API Access
Welltower Inc. Gross 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=gross-margin&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();