Welltower Inc.

WELL ·Real Estate, REIT - Diversified, United States
Analysis › KPI Dashboard

As of Fiscal Year 2025 (ended December 31, 2025)

Key KPIs at a Glance

Metric Value
Total revenues (FY2025) $10.84 billion, up 35.6% year-over-year
Net income attributable to common stockholders (FY2025) $936.8 million ($1.39 per diluted share)
Normalized FFO (FY2025) $3.59 billion ($5.29 per diluted share), up 22.5% year-over-year
Same-store NOI growth, blended portfolio (Q4 2025) 15.0% (Seniors Housing Operating 20.4%; Seniors Housing Triple-Net 2.6%; Outpatient Medical 2.4%; Long-Term/Post-Acute Care 2.6%)
Portfolio size (as of Q4 2025 supplement) 2,534 properties (2,500+ seniors and wellness housing communities across the U.S., U.K., and Canada)
Total gross investment in real estate (as of Dec 31, 2025) approximately $65.3 billion
Market position (American Seniors Housing Association ASHA 50 list, as of June 1, 2025) ranked the #1 owner of senior living units in the U.S. for the seventh consecutive year, with 112,641 units across 1,067 properties
Diluted weighted average shares outstanding (FY2025) 679.5 million
Employees (as of Dec 31, 2025) 712 (642 in the U.S., 49 in the U.K., 21 in Canada)

Revenue by Type (FY2025)

Total Revenues: $10.84B

Welltower Q4/FY2025 earnings release, twelve months ended December 31, 2025

Net Operating Income by Segment (Annualized In-Place, Q4 2025)

Total Annualized In-Place NOI: $4.16B

Welltower Q4 2025 Business Update supplement; annualized in-place NOI is a forward run-rate based on Q4 2025 results, not a full-year actual figure, reflecting the portfolio's current composition after 2025's active repositioning toward seniors housing

Total Revenue Growth

Welltower annual full-year earnings press releases, fiscal years 2021-2025; growth reflects both organic same-store gains and a large, active acquisition program in seniors housing

Sources: Revenue-by-type figures are from Welltower's Q4/Full Year 2025 earnings release consolidated statement of income (reported February 10, 2026). The NOI-by-segment pie uses annualized in-place NOI (a Q4 2025 run-rate figure), from the accompanying Q4 2025 Business Update supplement, rather than trailing full-year segment NOI -- Welltower's quarterly segment NOI/revenue tables are not directly additive across 2025's quarters because properties were reclassified between segments (Outpatient Medical and Long-Term/Post-Acute Care properties repositioned into Seniors Housing Operating) during the year's active portfolio transformation, so the annualized run-rate snapshot is the cleaner, most comparable segment breakdown. The market-position figure is a third-party ranking from the American Seniors Housing Association's (ASHA) 2025 ASHA 50 list of largest senior living owners, not a Welltower-reported figure.