Welltower (WELL) Times Interest Earned (2009 - 2024)
Welltower's Times Interest Earned came in at 2.32 for Q3 2024, up 58.9% from 1.46 a year earlier and up 38.4% from the prior quarter.
Welltower (WELL) Times Interest Earned (2009 - 2024) Analysis & Trends
Over the trailing twelve months to Sep 30, 2024, Welltower reported Times Interest Earned of 1.88, up 29.0% year-over-year; for FY2023, it was 1.58, up 18.8% from FY2022.
- Going back by year, Times Interest Earned was 1.33 in FY2022 (-1.6%), 1.35 in FY2021 (+43.7%), 0.94 in FY2020 (-52.5%) and 1.98 in FY2019 (+9.6%).
- The Q3 2024 figure represents the highest quarterly Times Interest Earned since Q2 2017.
- Year-over-year, Times Interest Earned increased in five of the last eight quarters, with growth averaging 18.9%.
- The fastest year-over-year change in Times Interest Earned over five years came in Q3 2021 (growth of 400.4%), and the weakest in Q3 2020 (a decline of 77.8%).
- Business Quant data shows WELL's Times Interest Earned at 1.68 (Q2 2024), 1.96 (Q1 2024) and 1.57 (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | - |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 3.64 |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 2.93 |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 3.09 |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | 2.27 |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 1.33 |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | - |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 2.59 |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | 2.46 |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 5.05 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.32 |
| Jun 30, 2024 | 1.68 |
| Mar 31, 2024 | 1.96 |
| Dec 31, 2023 | 1.57 |
| Sep 30, 2023 | 1.46 |
| Jun 30, 2023 | 2.00 |
| Mar 31, 2023 | 1.26 |
| Dec 31, 2022 | 1.05 |
| Sep 30, 2022 | 1.04 |
| Jun 30, 2022 | 1.86 |
| Mar 31, 2022 | 1.42 |
| Dec 31, 2021 | 1.56 |
| Sep 30, 2021 | 1.74 |
| Jun 30, 2021 | 1.06 |
| Mar 31, 2021 | 1.03 |
| Dec 31, 2020 | 0.75 |
| Sep 30, 2020 | 0.35 |
| Jun 30, 2020 | 1.03 |
| Mar 31, 2020 | 1.53 |
| Dec 31, 2019 | 2.26 |
Welltower Times Interest Earned 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=times-interest-earned&ticker=WELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();