Welltower (WELL) Interest Coverage Ratio (2009 - 2026)
Welltower's Interest Coverage Ratio was 2.32 in Q3 2024, up 58.9% from 1.46 a year earlier and up 38.4% from the prior quarter.
Welltower (WELL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Welltower's Interest Coverage Ratio was 1.88 through Sep 30, 2024, up 29.0% year-over-year; for FY2023, it was 1.58, up 18.8% from FY2022.
- In earlier years, Interest Coverage Ratio was 1.33 in FY2022 (-1.6%), 1.35 in FY2021 (+43.7%), 0.94 in FY2020 (-52.5%) and 1.98 in FY2019 (+9.6%).
- The Q3 2024 figure marks the highest quarterly Interest Coverage Ratio since Q2 2017.
- Compared with a year earlier, Interest Coverage Ratio was higher in five of the last eight quarters, with growth averaging 18.9%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2021 (growth of 400.4%); the worst was Q3 2020 (a decline of 77.8%).
- Per Business Quant data, WELL's Interest Coverage Ratio in the three quarters before Q3 2024 was 1.68 (Q2 2024), 1.96 (Q1 2024) and 1.57 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 2.75 |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 3.64 |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 2.80 |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 3.09 |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 2.37 |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 4.48 |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 1.38 |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -5.04 |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 2.59 |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn | 2.59 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.75 |
| Jun 30, 2026 | 2.76 |
| Mar 31, 2026 | 2.79 |
| Dec 31, 2025 | -5.23 |
| Sep 30, 2025 | 2.81 |
| Jun 30, 2025 | 3.11 |
| Mar 31, 2025 | 2.37 |
| Dec 31, 2024 | 1.71 |
| Sep 30, 2024 | 2.32 |
| Jun 30, 2024 | 1.68 |
| Mar 31, 2024 | 1.96 |
| Dec 31, 2023 | 1.57 |
| Sep 30, 2023 | 1.46 |
| Jun 30, 2023 | 2.00 |
| Mar 31, 2023 | 1.26 |
| Dec 31, 2022 | 1.05 |
| Sep 30, 2022 | 1.04 |
| Jun 30, 2022 | 1.86 |
| Mar 31, 2022 | 1.42 |
| Dec 31, 2021 | 1.56 |
Welltower Interest Coverage Ratio 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=interest-coverage-ratio&ticker=WELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();