Welltower (WELL) Net Margin (2009 - 2026)
Welltower (WELL) reported Net Margin of 21.74% for Q1 2026, up 1109.0% year-over-year from 1.8% in Q1 2025, and up 617.04% quarter-over-quarter from 3.03% in Q4 2025.
Welltower (WELL) Net Margin (2009 - 2026) Analysis & Trends
Welltower (WELL) has 18 years of Net Margin data on file, last reported at 21.74% in Q1 2026.
- Net Margin for Q1 2026 came in at 21.74%, up 1109.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.32% (down 19.0% YoY), and the FY2025 annual result was 8.64%, down 327.0% from the prior year.
- Net Margin grew to 21.74% in Q1 2026 per WELL's latest filing, from 3.03% in the prior quarter.
- Over five years, Net Margin peaked at 29.76% in Q3 2024 and troughed at 62.43% in Q4 2023.
- A 5-year average of 5.18% and a median of 6.19% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 6464 bps in 2023, then jumped 6776 bps in 2024.
- A 5-year view of Net Margin shows it stood at 2.21% in 2022, then slumped by 2919 bps to 62.43% in 2023, then surged by 109 bps to 5.33% in 2024, then tumbled by 43 bps to 3.03% in 2025, then soared by 617 bps to 21.74% in 2026.
- Business Quant data shows WELL's Net Margin at 21.74% in Q1 2026, 3.03% in Q4 2025, and 13.61% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 144.82 Bn | 141.05 Bn | 1.30 Bn | 21.74% |
| 2 | Ventas | 39.06 Bn | 38.93 Bn | 1.65 Bn | 3.37% |
| 3 | Healthpeak Properties | 13.76 Bn | 14.32 Bn | - | 25.70% |
| 4 | Omega Healthcare Investors | 12.86 Bn | 13.12 Bn | - | 2,414.02% |
| 5 | American Healthcare REIT | 8.89 Bn | 8.81 Bn | 97.60 Mn | 3.94% |
| 6 | CareTrust REIT | 8.47 Bn | 8.48 Bn | - | 2,063.99% |
| 7 | Healthcare Realty Trust | 6.83 Bn | 6.83 Bn | - | - |
| 8 | National Health Investors | 3.40 Bn | 3.41 Bn | - | 34.76% |
| 9 | Diversified Healthcare Trust | 2.05 Bn | 1.93 Bn | 304.41 Mn | -28.44% |
| 10 | Ltc Properties | 1.75 Bn | 1.82 Bn | - | 24.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.74% |
| Dec 31, 2025 | 3.03% |
| Sep 30, 2025 | 13.61% |
| Jun 30, 2025 | 15.32% |
| Mar 31, 2025 | 10.65% |
| Dec 31, 2024 | 5.33% |
| Sep 30, 2024 | 29.76% |
| Jun 30, 2024 | 13.96% |
| Mar 31, 2024 | 9.35% |
| Dec 31, 2023 | -62.43% |
| Sep 30, 2023 | 7.67% |
| Jun 30, 2023 | 6.19% |
| Mar 31, 2023 | 1.64% |
| Dec 31, 2022 | 2.21% |
| Sep 30, 2022 | -0.46% |
| Jun 30, 2022 | 6.10% |
| Mar 31, 2022 | 4.44% |
| Dec 31, 2021 | -24.90% |
| Sep 30, 2021 | 14.49% |
| Jun 30, 2021 | 2.30% |