Welltower (WELL) Interest Expenses (2009 - 2024)
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.
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Analysis
Welltower (WELL) Interest Expenses (2009 - 2024) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.83 Bn | 147.32 Bn | 1.39 Bn | - |
| 2 | Prologis | 124.12 Bn | 119.16 Bn | - | 276.31 Mn |
| 3 | Simon Property | 64.65 Bn | 60.50 Bn | - | 275.66 Mn |
| 4 | Realty Income | 51.61 Bn | 49.83 Bn | - | 312.08 Mn |
| 5 | Public Storage | 50.87 Bn | 49.86 Bn | - | 84.78 Mn |
| 6 | Ventas | 41.57 Bn | 40.26 Bn | - | 160.03 Mn |
| 7 | Extra Space Storage | 28.33 Bn | 28.33 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.05 Bn | 23.16 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.76 Bn | 22.54 Bn | - | 82.46 Mn |
| 10 | Essex Property Trust | 17.36 Bn | 17.12 Bn | - | 66.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 139.05 Mn |
| Jun 30, 2024 | 133.42 Mn |
| Mar 31, 2024 | 147.32 Mn |
| Dec 31, 2023 | 154.57 Mn |
| Sep 30, 2023 | 156.53 Mn |
| Jun 30, 2023 | 152.34 Mn |
| Mar 31, 2023 | 144.40 Mn |
| Dec 31, 2022 | 140.39 Mn |
| Sep 30, 2022 | 139.68 Mn |
| Jun 30, 2022 | 127.75 Mn |
| Mar 31, 2022 | 121.70 Mn |
| Dec 31, 2021 | 121.85 Mn |
| Sep 30, 2021 | 122.52 Mn |
| Jun 30, 2021 | 122.34 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 |
| Dec 31, 2019 | 131.65 Mn |
API Access
Welltower Interest Expenses 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-expenses&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();