Welltower (WELL) Interest Expense (2009 - 2026)
Welltower (WELL) recorded Interest Expenses of $139.05 million in Q3 2024, down 11.2% from $156.53 million a year earlier but up 4.2% from the prior quarter.
Welltower (WELL) Interest Expense (2009 - 2026) Analysis & Trends
On a TTM basis, Welltower's Interest Expenses came in at $574.37 million as of Sep 30, 2024, down 3.3% year-over-year; for FY2023, it came in at $607.85 million, up 14.8% from FY2022.
- Annual Interest Expenses has a five-year compound annual growth rate of 2.9% (FY2018 to FY2023).
- Across earlier years, Interest Expenses came in at $529.52 million in FY2022 (+8.1%), $489.85 million in FY2021 (-4.8%), $514.39 million in FY2020 (-7.4%) and $555.56 million in FY2019 (+5.5%).
- Quarterly Interest Expenses has ranged from $121.17 million in Q4 2020 to $156.53 million in Q3 2023 over the past five years.
- On a year-over-year basis, Interest Expenses rose in six of the last eight quarters, with growth averaging 6.7%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 19.2% in Q2 2023, against a decline of 13.3% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $133.42 million (Q2 2024), $147.32 million (Q1 2024) and $154.57 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 181.70 Bn | 168.77 Bn | 1.47 Bn | - |
| 2 | Prologis | 123.65 Bn | 122.03 Bn | - | 286.96 Mn |
| 3 | Simon Property | 80.48 Bn | 78.58 Bn | - | 287.59 Mn |
| 4 | Public Storage | 62.76 Bn | 62.20 Bn | 112.08 Mn | - |
| 5 | Realty Income | 56.61 Bn | 57.99 Bn | - | - |
| 6 | Ryman Hospitality Properties | 47.80 Bn | 46.64 Bn | 266.41 Mn | 68.28 Mn |
| 7 | Ventas | 47.78 Bn | 46.95 Bn | -3.39 Bn | - |
| 8 | Vivmark Residential | 38.23 Bn | 37.98 Bn | - | - |
| 9 | Extra Space Storage | 33.20 Bn | 32.98 Bn | 650.96 Mn | - |
| 10 | Vici Properties | 27.53 Bn | 26.31 Bn | 1.06 Bn | 214.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 192.72 Mn |
| Dec 31, 2025 | 203.78 Mn |
| Sep 30, 2024 | 139.05 Mn |
| Jun 30, 2024 | 133.42 Mn |
| Sep 30, 2021 | 122.52 Mn |
| Mar 31, 2021 | 123.14 Mn |
| Dec 31, 2020 | 121.17 Mn |
| Sep 30, 2020 | 124.85 Mn |
| Jun 30, 2020 | 126.36 Mn |
| Mar 31, 2020 | 142.01 Mn |
| Sep 30, 2019 | 137.34 Mn |
| Mar 31, 2019 | 145.23 Mn |
| Mar 31, 2018 | 122.78 Mn |
| Mar 31, 2017 | 118.60 Mn |
| Dec 31, 2016 | 126.36 Mn |
| Sep 30, 2016 | 129.70 Mn |
| Jun 30, 2015 | 118.86 Mn |
| Mar 31, 2015 | 121.08 Mn |
| Dec 31, 2014 | 120.71 Mn |
| Mar 31, 2013 | 108.84 Mn |
Welltower Interest Expense 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-expense&ticker=WELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "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-expense&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();