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Welltower Inc.. (WELL) Stock Fundamental Analysis & AI Rating 2026

WELL NYSE Real Estate Investment Trusts DE CIK: 0000766704
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 28, 2026 (in 12 days) • After-hours ET • EPS est. $1.44 (vs $1.20 prior year) • All earnings →
Combined AI Rating
BUY
72% Confidence
AGREEMENT
BUY
72% Conf
HOLD
73% Conf

📊 WELL Key Takeaways

Revenue: $10.8B
Net Margin: 8.6%
Free Cash Flow: $2.9B
Current Ratio: N/A
Debt/Equity: 0.46x
EPS: $1.39
AI Rating: BUY with 72% confidence
Welltower Inc.. (WELL) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $10.8B, net profit margin of 8.6%, and return on equity (ROE) of 2.2%, Welltower Inc.. demonstrates strong 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 solid operational fundamentals with strong 28.2% revenue growth and excellent free cash flow conversion (26.6% FCF margin), supported by a healthy balance sheet with 0.46x debt-to-equity ratio. While profitability metrics show pressure (net margin 8.6%, ROE 2.2%), the substantial $2.9B operating cash flow and conservative leverage position the company well for continued dividend support and capital deployment.

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.

Why Buy Welltower Inc.. Stock? WELL Key Strengths

Claude
  • + Strong revenue growth of 28.2% year-over-year demonstrates operational momentum
  • + Excellent free cash flow margin of 26.6% with $2.9B FCF supports sustainability
  • + Conservative capital structure with 0.46x debt-to-equity and $5.0B cash position
  • + Substantial $67.3B asset base provides diversified healthcare real estate portfolio
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
  • ! Low return metrics (ROE 2.2%, ROA 1.4%) indicate capital efficiency challenges
  • ! Diluted EPS declined 11.5% despite revenue growth, signaling margin compression
  • ! Net income declined 2.6% year-over-year despite 28.2% revenue growth, raising operational concerns
  • ! Real estate sector sensitivity to interest rate environment and occupancy rates
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
  • * Operating cash flow trends and free cash flow consistency
  • * Net margin recovery and diluted EPS trajectory
  • * Debt levels and interest coverage ratio in changing rate environment
  • * Same-property NOI growth and portfolio occupancy rates
ChatGPT
  • * Net income margin trend and EPS stabilization
  • * Operating cash flow growth relative to debt levels

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

Revenue
$10.8B
Net Income
$936.8M
EPS (Diluted)
$1.39
Free Cash Flow
$2.9B
Total Assets
$67.3B
Cash Position
$5.0B

💡 AI Analyst Insight

The 26.6% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. 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 8.6%
ROE 2.2%
ROA 1.4%
FCF Margin 26.6%

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

How Welltower Inc.. compares to Real Estate sector averages

Net Margin
WELL 8.6%
vs
Sector Avg 20.0%
WELL Sector
ROE
WELL 2.2%
vs
Sector Avg 8.0%
WELL Sector
Current Ratio
WELL 0.0x
vs
Sector Avg 1.5x
WELL Sector
Debt/Equity
WELL 0.5x
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
2.2%
Sector avg: 8%
Net Profit Margin
8.6%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.46x
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
0.46x
Debt/Assets
35.8%
Interest Coverage
N/A
Long-term Debt
$19.2B

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
26.6%
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
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
Q2 2018 $1.1B $167.3M $0.41

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
$2.9B
Cash generated from operations
Dividends Paid
$1.9B
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
Apr 10, 2026 DEF 14A well-20260409.htm View →
Mar 10, 2026 8-K d54340d8k.htm View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about WELL

What is the AI rating for WELL?

Welltower Inc.. (WELL) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are WELL's key strengths?

Claude: Strong revenue growth of 28.2% year-over-year demonstrates operational momentum. Excellent free cash flow margin of 26.6% with $2.9B FCF supports 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: Low return metrics (ROE 2.2%, ROA 1.4%) indicate capital efficiency challenges. Diluted EPS declined 11.5% despite revenue growth, signaling margin compression. 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 $10.8B.

Does WELL pay dividends?

Welltower Inc.. pays dividends, with $1,878.0M 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 $1.39.

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 rating reflects both perspectives for balanced insights.

Is WELL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Welltower Inc.. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is WELL stock overvalued or undervalued?

Valuation metrics for WELL: ROE of 2.2% (sector avg: 8%), net margin of 8.6% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy WELL stock in 2026?

Our dual AI analysis gives Welltower Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WELL's free cash flow?

Welltower Inc..'s operating cash flow is $2.9B, with capital expenditures of N/A. FCF margin is 26.6%.

How does WELL compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 8.6% (avg: 20%), ROE 2.2% (avg: 8%), current ratio N/A (avg: 1.5).

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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: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI