Welltower (WELL) Net Margin (2009 - 2026)
Welltower's (WELL) quarterly Net Margin came in at 12.55% in Q2 2026, up 71.0% year-over-year from 7.34% in Q2 2025, and down 42.25% quarter-over-quarter from 21.74% in Q1 2026.
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Welltower (WELL) Net Margin (2009 - 2026) Analysis & Trends
Welltower (WELL) has reported Net Margin for 18 consecutive years, with 12.55% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 71.0% year-over-year to 12.55% in Q2 2026; TTM through Jun 2026 was 12.15%, a 3.0% decrease from a year earlier, with the FY2025 full-year figure at 8.64%, down 327.0% from the prior year.
- Net Margin was 12.55% for Q2 2026 at Welltower, down from 21.74% in the prior quarter.
- Over five years, Net Margin peaked at 21.88% in Q3 2024 and troughed at 0.46% in Q3 2022.
- A 5-year average of 8.24% and a median of 6.51% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 1495 bps in 2022 and soared 1421 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 0.25% in 2022, then surged by 2053 bps to 4.8% in 2023, then gained by 11 bps to 5.33% in 2024, then plunged by 43 bps to 3.03% in 2025, then soared by 314 bps to 12.55% in 2026.
- The last three Net Margin figures came in at 12.55% (Q2 2026), 21.74% (Q1 2026), and 3.03% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.67 Bn | 165.71 Bn | 1.39 Bn | 12.55% |
| 2 | Ventas | 43.73 Bn | 43.53 Bn | 1.73 Bn | 4.08% |
| 3 | Omega Healthcare Investors | 14.11 Bn | 14.11 Bn | - | 114.29% |
| 4 | Healthpeak Properties | 14.09 Bn | 14.09 Bn | - | 6.83% |
| 5 | American Healthcare REIT | 10.39 Bn | 10.19 Bn | 149.41 Mn | 4.59% |
| 6 | CareTrust REIT | 9.12 Bn | 9.12 Bn | - | 54.69% |
| 7 | Healthcare Realty Trust | 6.48 Bn | 6.48 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.25 Bn | 5.25 Bn | - | -11.65% |
| 9 | Diversified Healthcare Trust | 4.46 Bn | 4.34 Bn | 298.67 Mn | -28.83% |
| 10 | National Health Investors | 3.39 Bn | 3.39 Bn | - | 45.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.55% |
| Mar 31, 2026 | 21.74% |
| Dec 31, 2025 | 3.03% |
| Sep 30, 2025 | 10.45% |
| Jun 30, 2025 | 11.85% |
| Mar 31, 2025 | 10.65% |
| Dec 31, 2024 | 5.33% |
| Sep 30, 2024 | 21.88% |
| Jun 30, 2024 | 13.96% |
| Mar 31, 2024 | 6.84% |
| Dec 31, 2023 | 4.80% |
| Sep 30, 2023 | 7.67% |
| Jun 30, 2023 | 6.19% |
| Mar 31, 2023 | 1.64% |
| Dec 31, 2022 | -0.25% |
| Sep 30, 2022 | -0.46% |
| Jun 30, 2022 | 6.10% |
| Mar 31, 2022 | 4.44% |
| Dec 31, 2021 | 4.48% |
| Sep 30, 2021 | 14.49% |