Welltower (WELL) Rental Revenue (2009 - 2026)
Welltower (WELL) posted Rental Revenue of $488.64 million for Q3 2026, down 2.2% from $499.48 million a year earlier but up 6.3% from the prior quarter.
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Analysis
Welltower (WELL) Rental Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Rental Revenue at Welltower was $1.93 billion, up 5.2% year-over-year; for FY2025, it came in at $1.97 billion, up 25.3% from FY2024.
- Annual Rental Revenue has increased for four consecutive years, with a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- In prior years, Welltower's Rental Revenue was $1.57 billion in FY2024 (+0.9%), $1.56 billion in FY2023 (+7.2%), $1.45 billion in FY2022 (+5.6%) and $1.37 billion in FY2021 (-4.8%).
- Quarterly Rental Revenue has run from a low of $335.81 million in Q2 2024 to a high of $523.85 million in Q4 2025 over five years.
- On a year-over-year basis, Rental Revenue has declined in each of the last three quarters, with growth averaging 11.6% over the last eight quarters.
- The strongest year-over-year quarter for Rental Revenue in the past five years was Q2 2025, with growth of 43.8%; the weakest was Q2 2024, with a decline of 12.4%.
- According to Business Quant data, Rental Revenue for the three prior quarters was $459.74 million (Q2 2026), $453.84 million (Q1 2026) and $523.85 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.70 Bn | 166.77 Bn | 1.47 Bn | 488.64 Mn |
| 2 | Prologis | 122.17 Bn | 120.56 Bn | - | 2.21 Bn |
| 3 | Simon Property | 80.16 Bn | 78.26 Bn | - | 1.68 Bn |
| 4 | Public Storage | 62.28 Bn | 61.73 Bn | 112.08 Mn | - |
| 5 | Realty Income | 56.35 Bn | 57.74 Bn | - | 1.48 Bn |
| 6 | Ventas | 47.42 Bn | 46.59 Bn | -3.39 Bn | 362.72 Mn |
| 7 | Ryman Hospitality Properties | 47.10 Bn | 45.93 Bn | 266.41 Mn | 219.41 Mn |
| 8 | Vivmark Residential | 37.16 Bn | 36.91 Bn | - | 1.19 Bn |
| 9 | Extra Space Storage | 33.05 Bn | 32.83 Bn | 650.96 Mn | 760.84 Mn |
| 10 | Vici Properties | 27.32 Bn | 26.10 Bn | 1.06 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 488.64 Mn |
| Jun 30, 2026 | 459.74 Mn |
| Mar 31, 2026 | 453.84 Mn |
| Dec 31, 2025 | 523.85 Mn |
| Sep 30, 2025 | 499.48 Mn |
| Jun 30, 2025 | 483.04 Mn |
| Mar 31, 2025 | 461.57 Mn |
| Dec 31, 2024 | 386.33 Mn |
| Sep 30, 2024 | 430.49 Mn |
| Jun 30, 2024 | 335.81 Mn |
| Mar 31, 2024 | 417.65 Mn |
| Dec 31, 2023 | 404.07 Mn |
| Sep 30, 2023 | 384.51 Mn |
| Jun 30, 2023 | 383.44 Mn |
| Mar 31, 2023 | 384.06 Mn |
| Dec 31, 2022 | 372.00 Mn |
| Sep 30, 2022 | 361.98 Mn |
| Jun 30, 2022 | 361.41 Mn |
| Mar 31, 2022 | 356.39 Mn |
| Dec 31, 2021 | 359.15 Mn |
API Access
Welltower Rental Revenue 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=rental-revenue&ticker=WELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rental-revenue", "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=rental-revenue&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();