Welltower (WELL) Invested Capital (2009 - 2026)
Welltower (WELL) recorded Invested Capital of $61.73 billion in Q2 2026, up 70.2% from $36.26 billion a year earlier but down 1.5% from the prior quarter.
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Analysis
Welltower (WELL) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Welltower reported Invested Capital of $59.32 billion, up 24.1% from FY2024.
- Annual Invested Capital has increased for four straight years, with a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $47.82 billion in FY2024 (+14.3%), $41.82 billion in FY2023 (+17.6%), $35.56 billion in FY2022 (+87.9%) and $18.92 billion in FY2021 (-38.3%).
- Quarterly Invested Capital has ranged from $18.92 billion in Q4 2021 to $62.67 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Invested Capital has increased for five consecutive quarters, with growth averaging 38.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 100.2% in Q1 2024, against a decline of 38.3% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $62.67 billion (Q1 2026), $59.32 billion (Q4 2025) and $55.88 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 65.35 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 97.17 Bn |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 34.27 Bn |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 27.21 Bn |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | 71.22 Bn |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 28.30 Bn |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 27.17 Bn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 46.36 Bn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | 19.79 Bn |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 11.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 65.35 Bn |
| Jun 30, 2026 | 61.73 Bn |
| Mar 31, 2026 | 62.67 Bn |
| Dec 31, 2025 | 59.32 Bn |
| Sep 30, 2025 | 55.88 Bn |
| Jun 30, 2025 | 36.26 Bn |
| Mar 31, 2025 | 34.30 Bn |
| Dec 31, 2024 | 47.82 Bn |
| Sep 30, 2024 | 30.79 Bn |
| Jun 30, 2024 | 29.43 Bn |
| Mar 31, 2024 | 42.45 Bn |
| Dec 31, 2023 | 41.82 Bn |
| Sep 30, 2023 | 23.57 Bn |
| Jun 30, 2023 | 21.82 Bn |
| Mar 31, 2023 | 21.20 Bn |
| Dec 31, 2022 | 35.56 Bn |
| Sep 30, 2022 | 35.16 Bn |
| Jun 30, 2022 | 34.49 Bn |
| Mar 31, 2022 | 33.27 Bn |
| Dec 31, 2021 | 18.92 Bn |
API Access
Welltower Invested Capital 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=invested-capital&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();