← Back to All US Stocks

Welltower Inc.. (WELL) Fundamental Analysis & AI Grade 2026

WELL NYSE Real Estate Investment Trusts DE CIK: 0000766704
Update Pending • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
66% Confidence
STRONG AGREEMENT
B
60% Conf
B
73% Conf

📊 WELL Key Takeaways

Revenue: $3.4B
Net Margin: 21.7%
Free Cash Flow: $670.0M
Current Ratio: N/A
Debt/Equity: 0.41x
EPS: $1.02
AI Grade: B with 60% confidence
Welltower Inc.. (WELL) receives a B fundamental grade with 66% confidence from our AI analysis based on SEC 10-K filings. With revenue of $3.4B, net profit margin of 21.7%, and return on equity (ROE) of 1.7%, Welltower Inc.. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete WELL stock analysis for 2026.

Is Welltower Inc.. (WELL) a Good Investment?

Claude

WELLTOWER demonstrates robust top-line growth (+28.2% YoY) and strong free cash flow generation (670M, 20% FCF margin), but concerning profitability trends emerge as net income declines (-2.6%) despite revenue expansion, signaling margin compression or integration challenges. Critically low returns on capital (ROE 1.7%, ROA 1.1%) with accelerating EPS dilution (-11.5%) indicate poor capital efficiency that outweighs growth benefits.

ChatGPT

Welltower shows strong top-line momentum, with revenue up 28.2% year over year and operating cash flow of $2.88B, indicating solid demand and cash generation. Balance sheet risk appears manageable given $5.03B of cash and a moderate 0.46x debt-to-equity ratio, but declining net income, lower EPS, and weak ROE/ROA suggest that growth is not fully translating into stronger shareholder profitability. Fundamentally, the company looks financially sound but not cleanly compelling on earnings quality alone.

Welltower Inc.. Key Strengths (WELL)

Claude
  • + Strong revenue growth of 28.2% YoY demonstrating business expansion
  • + Solid free cash flow generation (670M) with 20% FCF margin supporting sustainability
  • + Conservative leverage at 0.41x D/E ratio with adequate cash reserves (4.7B)
ChatGPT
  • + Strong revenue growth of 28.2% year over year
  • + Healthy cash generation with $2.88B operating cash flow and 26.6% FCF margin
  • + Manageable leverage profile with $5.03B cash and 0.46x debt-to-equity

WELL Stock Risks: Welltower Inc.. Investment Risks

Claude
  • ! Net income declining despite significant revenue growth indicates margin compression and deteriorating profitability
  • ! Extremely poor returns on capital (ROE 1.7%, ROA 1.1%) suggest inefficient asset utilization and value destruction
  • ! Accelerating EPS dilution (-11.5% YoY) outpacing net income decline signals aggressive share issuance offsetting earnings
ChatGPT
  • ! Net income declined 2.6% despite strong revenue growth, pointing to margin pressure or higher costs
  • ! Diluted EPS fell 11.5%, indicating weaker per-share earnings quality
  • ! Low profitability returns with 2.2% ROE and 1.4% ROA

Key Metrics to Watch

Claude
  • * Funds From Operations (FFO) trend and payout ratio sustainability
  • * Net operating income margins and portfolio occupancy rates
  • * Capital efficiency trajectory and same-store NOI growth
ChatGPT
  • * Net income margin trend and EPS stabilization
  • * Operating cash flow growth relative to debt levels

Welltower Inc.. (WELL) Financial Metrics & Key Ratios

Revenue
$3.4B
Net Income
$728.7M
EPS (Diluted)
$1.02
Free Cash Flow
$670.0M
Total Assets
$67.2B
Cash Position
$4.7B

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

WELL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin 21.7%
ROE 1.7%
ROA 1.1%
FCF Margin 20.0%

WELL vs Real Estate Sector: How Welltower Inc.. Compares

How Welltower Inc.. compares to Real Estate sector averages

Net Margin
WELL 21.7%
vs
Sector Avg 20.0%
WELL Sector
ROE
WELL 1.7%
vs
Sector Avg 8.0%
WELL Sector
Current Ratio
WELL 0.0x
vs
Sector Avg 1.5x
WELL Sector
Debt/Equity
WELL 0.4x
vs
Sector Avg 1.5x
WELL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Welltower Inc.. Stock Overvalued? WELL Valuation Analysis 2026

Based on fundamental analysis, Welltower Inc.. has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
1.7%
Sector avg: 8%
Net Profit Margin
21.7%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.41x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Welltower Inc.. Balance Sheet: WELL Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.41x
Debt/Assets
33.2%
Interest Coverage
N/A
Long-term Debt
$17.9B

WELL Revenue & Earnings Growth: 5-Year Financial Trend

WELL 5-year financial data: Year 2023: Revenue $4.8B, Net Income $374.5M, EPS $0.78. Year 2024: Revenue $6.0B, Net Income $160.6M, EPS $0.30. Year 2025: Revenue $8.5B, Net Income $358.1M, EPS $0.66.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Welltower Inc..'s revenue has grown significantly by 78% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.66 reflects profitable operations.

WELL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
20.0%
Free cash flow / Revenue

WELL Quarterly Earnings & Performance

Quarterly financial performance data for Welltower Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.9B $257.3M $0.40
Q3 2025 $1.5B $282.2M $0.41
Q2 2025 $1.4B $260.7M $0.42
Q1 2025 $1.4B $131.6M $0.22
Q3 2024 $1.2B $134.7M $0.24
Q2 2024 $1.2B $106.3M $0.20
Q1 2024 $1.1B $28.6M $0.05
Q3 2018 $1.1B $84.2M $0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Welltower Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$670.0M
Cash generated from operations
Dividends Paid
$520.5M
Returned to shareholders

WELL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Welltower Inc.. (CIK: 0000766704)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 8-K d127740d8k.htm View →
May 27, 2026 4 xslF345X06/ownership.xml View →
May 26, 2026 4 xslF345X06/ownership.xml View →
May 22, 2026 8-K d113025d8k.htm View →
May 5, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about WELL

What is the AI rating for WELL?

Welltower Inc.. (WELL) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 66% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are WELL's key strengths?

Claude: Strong revenue growth of 28.2% YoY demonstrating business expansion. Solid free cash flow generation (670M) with 20% FCF margin supporting sustainability. ChatGPT: Strong revenue growth of 28.2% year over year. Healthy cash generation with $2.88B operating cash flow and 26.6% FCF margin.

What are the risks of investing in WELL?

Claude: Net income declining despite significant revenue growth indicates margin compression and deteriorating profitability. Extremely poor returns on capital (ROE 1.7%, ROA 1.1%) suggest inefficient asset utilization and value destruction. ChatGPT: Net income declined 2.6% despite strong revenue growth, pointing to margin pressure or higher costs. Diluted EPS fell 11.5%, indicating weaker per-share earnings quality.

What is WELL's revenue and growth?

Welltower Inc.. reported revenue of $3.4B.

Does WELL pay dividends?

Welltower Inc.. pays dividends, with $520.5M distributed to shareholders in the trailing twelve months.

Where can I find WELL SEC filings?

Official SEC filings for Welltower Inc.. (CIK: 0000766704) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WELL's EPS?

Welltower Inc.. has a diluted EPS of $1.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is WELL's fundamental grade?

Based on our AI fundamental analysis in June 2026, Welltower Inc.. has a B grade with 66% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is WELL stock overvalued or undervalued?

Valuation metrics for WELL: ROE of 1.7% (sector avg: 8%), net margin of 21.7% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

What is WELL's AI grade for 2026?

Our dual AI analysis gives Welltower Inc.. a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is WELL's free cash flow?

Welltower Inc..'s operating cash flow is $670.0M, with capital expenditures of N/A. FCF margin is 20.0%.

How does WELL compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 21.7% (avg: 20%), ROE 1.7% (avg: 8%), current ratio N/A (avg: 1.5).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% AVGO 87% DECK 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI