Welltower Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.32B | $4.28B | $3.86B | $3.34B | $2.88B | $1.81B | $1.31B | $578.6M |
| Seniors Housing Operating | $2.78B | $2.53B | — | — | — | — | — | — |
| Triple-net | $967.1M | $1.21B | — | — | — | — | — | — |
| Outpatient Medical | $563.4M | $545.4M | — | — | — | — | — | — |
| Non-segment/Corporate | $1.5M | $939.0K | — | — | — | — | — | — |
| Cost of Revenue | $2.08B | — | — | — | — | — | — | — |
| Gross Profit | $2.23B | — | — | — | — | — | — | — |
| Gross Margin | 51.7% | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $122.0M | $155.2M | $147.4M | $142.9M | $108.3M | $97.3M | $77.2M | $54.6M |
| Operating Income | $784.2M | $1.23B | $1.13B | $865.3M | $560.6M | $547.5M | $403.2M | $170.5M |
| Operating Margin | 18.2% | 28.7% | 29.2% | 25.9% | 19.5% | 30.3% | 30.7% | 29.5% |
| Interest Expense | $484.6M | $521.3M | $492.2M | $481.0M | $458.4M | $361.6M | $291.0M | $134.0M |
| Pretax Income | $299.6M | $709.3M | $636.1M | $384.2M | $102.2M | $185.9M | $112.2M | $36.5M |
| Income Tax Expense | $20.1M | $-19.1M | $6.5M | $-1.3M | $7.5M | $7.6M | $-1.4M | $364.0K |
| Net Income | $540.6M | $1.08B | $888.5M | $512.3M | $138.3M | $294.8M | $217.6M | $128.5M |
| Net Margin | 12.5% | 25.3% | 23.0% | 15.3% | 4.8% | 16.3% | 16.6% | 22.2% |
| EPS (Basic) | $1.26 | $2.83 | $2.35 | $1.46 | $0.28 | $0.99 | $0.90 | $0.84 |
| EPS (Diluted) | $1.26 | $2.81 | $2.34 | $1.45 | $0.28 | $0.98 | $0.90 | $0.83 |
| Shares Outstanding (Basic) | 367.2M | 358.3M | 348.2M | 306.3M | 276.9M | 224.3M | 173.7M | 127.7M |
| Shares Outstanding (Diluted) | 369.0M | 360.2M | 349.4M | 307.7M | 278.8M | 226.0M | 174.4M | 128.2M |
| Dividends Per Share | $3.48 | $3.44 | $3.30 | $3.18 | $3.06 | $2.96 | $2.84 | $2.74 |