Welltower (WELL) Net Cash Flow (2009 - 2026)
Welltower (WELL) posted quarterly Net Cash Flow of -$2.7 billion for Q2 2026, down 445.55% year-over-year from $789.4 million in Q2 2025, and down 710.12% quarter-over-quarter from -$336.7 million in Q1 2026.
Welltower (WELL) Net Cash Flow (2009 - 2026) Analysis & Trends
Welltower (WELL) has reported Net Cash Flow for 18 consecutive years, with -$2.7 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Cash Flow fell 445.55% year-over-year to -$2.7 billion; the TTM figure through Jun 2026 stood at -$2.4 billion (down 255.0% YoY), while the FY2025 annual figure was $1.4 billion, down 16.9% from the prior year.
- Net Cash Flow declined to -$2.7 billion in Q2 2026 per WELL's latest filing, from -$336.7 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $2.5 billion in Q3 2025 and bottomed at -$2.7 billion in Q2 2026.
- Historically, Net Cash Flow has averaged $93.3 million across 5 years, with a median of $53.8 million in 2022.
- Annual changes were most pronounced in 2023 — Net Cash Flow surged 3347.71% — and 2025, when it slumped 3047.06%.
- Welltower's Net Cash Flow stood at $291.1 million in 2022, then tumbled by 318.51% to -$636.1 million in 2023, then soared by 91.17% to -$56.2 million in 2024, then plunged by 3047.06% to -$1.8 billion in 2025, then sank by 54.27% to -$2.7 billion in 2026.
- Business Quant data shows WELL's Net Cash Flow at -$2.7 billion in Q2 2026, -$336.7 million in Q1 2026, and -$1.8 billion in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 170.16 Bn | 168.19 Bn | 1.39 Bn | -2.73 Bn |
| 2 | Ventas | 45.72 Bn | 45.52 Bn | 1.73 Bn | 23.37 Mn |
| 3 | Healthpeak Properties | 14.71 Bn | 14.71 Bn | - | 452.78 Mn |
| 4 | Omega Healthcare Investors | 13.94 Bn | 13.94 Bn | - | 130.63 Mn |
| 5 | American Healthcare REIT | 10.81 Bn | 10.62 Bn | 149.41 Mn | 34.74 Mn |
| 6 | CareTrust REIT | 9.28 Bn | 9.28 Bn | - | -173.84 Mn |
| 7 | Healthcare Realty Trust | 6.64 Bn | 6.64 Bn | - | -7.25 Mn |
| 8 | Sabra Health Care REIT | 5.14 Bn | 5.14 Bn | - | 114.96 Mn |
| 9 | Diversified Healthcare Trust | 4.55 Bn | 4.43 Bn | 298.67 Mn | -3.66 Mn |
| 10 | National Health Investors | 3.56 Bn | 3.56 Bn | - | 25.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.73 Bn |
| Jun 30, 2026 | -2.73 Bn |
| Mar 31, 2026 | -336.71 Mn |
| Mar 31, 2026 | -336.71 Mn |
| Dec 31, 2025 | -1.77 Bn |
| Dec 31, 2025 | -1.77 Bn |
| Sep 30, 2025 | 2.47 Bn |
| Sep 30, 2025 | 2.47 Bn |
| Jun 30, 2025 | 789.40 Mn |
| Jun 30, 2025 | 789.40 Mn |
| Mar 31, 2025 | -121.02 Mn |
| Mar 31, 2025 | -121.02 Mn |
| Dec 31, 2024 | -56.19 Mn |
| Dec 31, 2024 | -56.19 Mn |
| Sep 30, 2024 | 913.11 Mn |
| Sep 30, 2024 | 913.11 Mn |
| Jun 30, 2024 | 385.73 Mn |
| Jun 30, 2024 | 385.73 Mn |
| Mar 31, 2024 | 404.44 Mn |
| Mar 31, 2024 | 404.44 Mn |