Welltower (WELL) Invested Capital (2009 - 2026)
Welltower's (WELL) quarterly Invested Capital came in at $61.7 billion in Q2 2026, up 70.24% year-over-year from $36.3 billion in Q2 2025, and down 1.49% quarter-over-quarter from $62.7 billion in Q1 2026.
Welltower (WELL) Invested Capital (2009 - 2026) Analysis & Trends
Welltower (WELL) has reported Invested Capital for 18 consecutive years, with $61.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 70.24% year-over-year to $61.7 billion in Q2 2026; TTM through Jun 2026 was $61.7 billion, a 70.24% increase from a year earlier, with the FY2025 full-year figure at $62.1 billion, up 29.95% from the prior year.
- Invested Capital was $61.7 billion for Q2 2026 at Welltower, down from $62.7 billion in the prior quarter.
- Over five years, Invested Capital peaked at $62.7 billion in Q1 2026 and troughed at $21.2 billion in Q1 2023.
- A 5-year average of $38.5 billion and a median of $33.9 billion in 2022 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital sank 31.68% in 2023 and jumped 90.62% in 2024, its largest moves.
- Over 5 years, Invested Capital stood at $33.4 billion in 2022, then increased by 18.5% to $39.6 billion in 2023, then climbed by 20.65% to $47.8 billion in 2024, then climbed by 29.95% to $62.1 billion in 2025, then declined by 0.65% to $61.7 billion in 2026.
- The last three Invested Capital figures came in at $61.7 billion (Q2 2026), $62.7 billion (Q1 2026), and $62.1 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 61.73 Bn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 94.56 Bn |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 34.90 Bn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 68.43 Bn |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 19.47 Bn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | - |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 23.64 Bn |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 46.53 Bn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | 18.20 Bn |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 13.50 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.73 Bn |
| Mar 31, 2026 | 62.67 Bn |
| Dec 31, 2025 | 62.14 Bn |
| Sep 30, 2025 | 53.39 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 | 40.42 Bn |
| Dec 31, 2023 | 39.63 Bn |
| Sep 30, 2023 | 23.57 Bn |
| Jun 30, 2023 | 21.82 Bn |
| Mar 31, 2023 | 21.20 Bn |
| Dec 31, 2022 | 33.45 Bn |
| Sep 30, 2022 | 32.38 Bn |
| Jun 30, 2022 | 31.94 Bn |
| Mar 31, 2022 | 30.87 Bn |
| Dec 31, 2021 | 18.92 Bn |
| Sep 30, 2021 | 28.90 Bn |
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_KEY
import 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();