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Welltower Inc. (WELL) stock

WELLNYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 27, 2026Score 10/30171% above fair value
$234.60+1.43 (+0.61%)

Close on Oct 30, 2026Market cap $169.09BP/E 107.6Yield 1.20%

Earnings

Welltower's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 9, 2027
Q4 FY2026 · estimated, during market hours
Revenue, Q3 FY2026
$3.72B
+38.4% on a year earlier
normalized funds from operations attributable to common stockholders, Q3 FY2026
$1.67
$1.34 a year earlier
Latest guidance
Issued
Oct 26, 2026 · 3 items

Quarterly results

Revenue and earnings per share from each of Welltower's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 9, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Oct 26, 2026after the close$3.72B+38.4%$0.54$1.67Release
Q2 FY2026ended Jun 30, 2026Jul 27, 2026during market hours$3.54B–$0.61$1.60Release
Q1 FY2026ended Mar 31, 2026Apr 28, 2026during market hours$3.35B+38.3%$1.02$1.47Release
Q4 FY2025ended Dec 31, 2025Feb 10, 2026during market hours$3.18B+41.3%$0.14$1.45Release
Q3 FY2025ended Sep 30, 2025Oct 27, 2025during market hours$2.69B+30.6%$0.41$1.34Release
Q2 FY2025ended Jun 30, 2025Jul 28, 2025during market hours––$0.45–Release
Q1 FY2025ended Mar 31, 2025Apr 28, 2025during market hours$2.42B+30.3%$0.40$1.20Release
Q4 FY2024ended Dec 31, 2024Feb 11, 2025during market hours$2.25B+28.6%$0.19$1.13Release
Q3 FY2024ended Sep 30, 2024Oct 28, 2024during market hours$2.06B+23.7%$0.73$1.11Release
Q2 FY2024ended Jun 30, 2024Jul 29, 2024during market hours$1.82B+9.6%$0.42$1.05Release
Q1 FY2024ended Mar 31, 2024Apr 29, 2024during market hours$1.86B+19.2%$0.22$1.01Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Welltower's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
average blended SSNOI growthnon-GAAPFY2026+15% – +16.25%–NewOct 26, 2026
Net income attributable to common stockholdersGAAPFY2026$3.31 – $3.37–NewOct 26, 2026
Net income attributable to common stockholdersGAAPFY2026$3.11 – $3.19$3.24 – $3.38LoweredJul 27, 2026
full year normalized FFO attributable to common stockholdersnon-GAAPFY2026$6.47 – $6.53–NewOct 26, 2026
full year normalized FFO attributable to common stockholdersnon-GAAPFY2026$6.36 – $6.44$6.21 – $6.35RaisedJul 27, 2026
funding an additional developmentFY2026$370.00M–NewFeb 10, 2026
average blended SSNOI growthnon-GAAPFY2026+13.75% – +16%+12.25% – +16%RaisedJul 27, 2026
general and administrative expensesFY2026$265.00M – $270.00M$263.00M – $271.00MRaisedJul 27, 2026
Long-Term/Post-Acute Care SSNOI growthnon-GAAPFY2026+2% – +3%–ReaffirmedApr 28, 2026
Outpatient Medical SSNOI growthnon-GAAPFY2026+2% – +3%–LoweredApr 28, 2026
Seniors Housing Operating SSNOI growthnon-GAAPFY2026+16.5% – +21.5%–RaisedApr 28, 2026
Seniors Housing Triple-net SSNOI growthnon-GAAPFY2026+3% – +4%–LoweredApr 28, 2026
stock-based compensation expenseFY2026$60.00M$60.00MLoweredJul 27, 2026

Guidance vs results

The last range Welltower gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025EPS (GAAP)$0.82 – $0.88$1.40Σ4QAbove range
Q4 FY2022EPS (GAAP)$0.08 – $0.13-$0.01Below range
Q4 FY2022normalized FFO attributable to common stockholders$0.80 – $0.85$0.83Within range
Q3 FY2022EPS (GAAP)$0.12 – $0.17-$0.01Below range
Q3 FY2022normalized FFO attributable to common stockholders$0.82 – $0.87$0.84Within range
Q2 FY2022EPS (GAAP)$0.20 – $0.25$0.20Within range
Q2 FY2022normalized FFO attributable to common stockholders$0.82 – $0.87$0.86Within range
Q1 FY2022EPS (GAAP)$0.17 – $0.22$0.14Below range
Q1 FY2022normalized FFO attributable to common stockholders$0.79 – $0.84$0.82Within range
Q4 FY2021EPS (GAAP)$0.20 – $0.25$0.13Below range
Q4 FY2021normalized FFO attributable to common stockholders$0.78 – $0.83$0.83Within range

Guidance history

Every forecast Welltower put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 26, 2026average blended SSNOI growthFY2026+15% – +16.25%New
Oct 26, 2026full year normalized FFO attributable to common stockholdersFY2026$6.47 – $6.53New
Oct 26, 2026Net income attributable to common stockholdersFY2026$3.31 – $3.37New
Jul 27, 2026full year normalized FFO attributable to common stockholdersFY2026$6.36 – $6.44Raised
Jul 27, 2026Net income attributable to common stockholdersFY2026$3.11 – $3.19Lowered
Jul 27, 2026general and administrative expensesFY2026$265.00M – $270.00MRaised
Jul 27, 2026average blended SSNOI growthFY2026+13.75% – +16%Raised
Jul 27, 2026stock-based compensation expenseFY2026$60.00MLowered
Apr 28, 2026full year normalized FFO attributable to common stockholders per diluted shareFY2026$6.21 – $6.35Raised
Apr 28, 2026Net income attributable to common stockholders per diluted shareFY2026$3.24 – $3.38Raised
Apr 28, 2026pro rata disposition proceedsthe next twelve months$1.40B–
Apr 28, 2026average blended SSNOI growthFY2026+12.25% – +16%Raised
Apr 28, 2026Seniors Housing Operating SSNOI growthFY2026+16.5% – +21.5%Raised
Apr 28, 2026Seniors Housing Triple-net SSNOI growthFY2026+3% – +4%Lowered
Apr 28, 2026Outpatient Medical SSNOI growthFY2026+2% – +3%Lowered
Apr 28, 2026Long-Term/Post-Acute Care SSNOI growthFY2026+2% – +3%Reaffirmed
Apr 28, 2026general and administrative expensesFY2026$263.00M – $271.00MRaised
Apr 28, 2026stock-based compensation expenseFY2026$60.00MLowered
Feb 10, 2026funding an additional developmentFY2026$370.00MNew
Feb 10, 2026normalized FFO attributable to common stockholders per diluted shareFY2026$6.09 – $6.25New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Welltower filed with the SEC as exhibits to Form 8-K or 6-K

  1. Welltower Reports Third Quarter 2026 Results
    Results
  2. Atlanta, GA 3Q26 Earnings Release and Supplemental Information Well tower Welltower Inc. NYSE: WELL
    Results
  3. Welltower Reports Second Quarter 2026 Results
    Results
  4. Forward Looking Statements and Risk Factors
    Results
  5. Welltower Board of Directors Approves 15% Increase in Quarterly Dividend to $0.85 per Share
    Update
  6. Welltower Reports First Quarter 2026 Results
    Results
  7. Forward Looking Statements and Risk Factors
    Results
  8. Welltower Reports Fourth Quarter 2025 Results
    Results
  9. Forward Looking Statements and Risk Factors
    Results
  10. Welltower Announces a Transformative New Era to Maximize Long-Term Shareholder Returns
    Update
  11. Welltower Reports Third Quarter 2025 Results
    Results
  12. Forward Looking Statements and Risk Factors
    Results
  13. Welltower Announces $23 Billion of Transactions and Intensified Focus on Seniors Housing to Amplify Long-Term Growth Profile
    Results
  14. Welltower Reports Second Quarter 2025 Results
    Results
  15. Forward Looking Statements and Risk Factors
    Results