Welltower Inc. (WELL) Net Margin (2009 - 2026)
Welltower (WELL) recorded Net Margin of 12.55% in Q2 2026, up 0.71 percentage points from 11.85% a year earlier but down 9.18 percentage points from the prior quarter.
Welltower Inc. (WELL) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Welltower's Net Margin came in at 12.15% as of Jun 30, 2026, down 0.03 percentage points year-over-year; for FY2025, it was 8.64%, down 3.27 percentage points from FY2024.
- Annual Net Margin has a five-year change of -12.61 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 11.91% in FY2024 (+6.79 pp), 5.12% in FY2023 (+2.71 pp), 2.41% in FY2022 (-4.68 pp) and 7.09% in FY2021 (-14.16 pp).
- Quarterly Net Margin has ranged from -0.46% in Q3 2022 to 21.88% in Q3 2024 over the past five years.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +1.81 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 14.21 percentage points in Q3 2024, against a drop of 16.91 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.74% (Q1 2026), 3.03% (Q4 2025) and 10.45% (Q3 2025).
Peer Comparison
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% |
Welltower Inc. Net Margin 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=net-margin&ticker=WELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();