Welltower (WELL) Operating Leases (2018 - 2026)

Welltower (WELL) has 9 years of Operating Leases data on file, last reported at $2.1 billion in Q1 2026.

• Operating Leases for Q1 2026 came in at $2.1 billion, up 59.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 59.54% YoY), and the FY2025 annual result was $2.2 billion, up 73.52% from the prior year.
• Operating Leases slipped to $2.1 billion in Q1 2026 per WELL's latest filing, from $2.2 billion in the prior quarter.
• Over five years, Operating Leases peaked at $2.2 billion in Q4 2025 and troughed at $66.5 million in Q1 2023.
• A 5-year average of $796.6 million and a median of $410.7 million in 2022 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2023 and 2024: Operating Leases tumbled 87.88% in 2023, then surged 473.15% in 2024.
• A 5-year view of Operating Leases shows it stood at $415.8 million in 2022, then retreated by 7.84% to $383.2 million in 2023, then surged by 228.29% to $1.3 billion in 2024, then jumped by 73.52% to $2.2 billion in 2025, then retreated by 6.03% to $2.1 billion in 2026.
• Business Quant data shows WELL's Operating Leases at $2.1 billion in Q1 2026, $2.2 billion in Q4 2025, and $1.3 billion in Q3 2025.