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 and up 3.1% 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 30.4% from FY2024.
- Annual Invested Capital has increased for four straight years, with a five-year compound annual growth rate of 16.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $45.48 billion in FY2024 (+14.7%), $39.63 billion in FY2023 (+18.5%), $33.45 billion in FY2022 (+76.8%) and $18.92 billion in FY2021 (-33.1%).
- The Q2 2026 figure is the highest quarterly Invested Capital in data going back to Q4 2009.
- On a year-over-year basis, Invested Capital has increased for five consecutive quarters, with growth averaging 37.8% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 90.6% in Q1 2024, against a decline of 33.1% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $59.89 billion (Q1 2026), $59.32 billion (Q4 2025) and $53.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.25 Bn | 146.74 Bn | 1.39 Bn | 61.73 Bn |
| 2 | Prologis | 124.09 Bn | 119.13 Bn | - | 94.56 Bn |
| 3 | Simon Property | 64.79 Bn | 60.64 Bn | - | 34.32 Bn |
| 4 | Realty Income | 51.71 Bn | 49.93 Bn | - | 46.09 Bn |
| 5 | Public Storage | 50.81 Bn | 49.80 Bn | - | 19.47 Bn |
| 6 | Ventas | 41.44 Bn | 40.13 Bn | - | 27.39 Bn |
| 7 | Extra Space Storage | 28.30 Bn | 28.30 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.09 Bn | 23.21 Bn | 1.05 Bn | 46.53 Bn |
| 9 | Vivmark Residential | 22.72 Bn | 22.50 Bn | - | 13.79 Bn |
| 10 | Essex Property Trust | 17.34 Bn | 17.10 Bn | - | 11.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.73 Bn |
| Mar 31, 2026 | 59.89 Bn |
| Dec 31, 2025 | 59.32 Bn |
| Sep 30, 2025 | 53.39 Bn |
| Jun 30, 2025 | 36.26 Bn |
| Mar 31, 2025 | 34.30 Bn |
| Dec 31, 2024 | 45.48 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 |
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();