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Welltower (WELL) Revenue & Revenue Breakdown

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Welltower Revenue Highlights

Latest Revenue (Y)

$7.99B

Latest Revenue (Q)

$2.69B

Main Segment (Y)

Senior Housing - Operating

Main Geography (Y)

UNITED STATES

Welltower Revenue by Period

Welltower Revenue by Year

DateRevenueChange
2024-12-31$7.99B20.49%
2023-12-31$6.63B13.16%
2022-12-31$5.86B23.59%
2021-12-31$4.74B2.96%
2020-12-31$4.61B-10.06%
2019-12-31$5.12B8.95%
2018-12-31$4.70B8.89%
2017-12-31$4.32B0.83%
2016-12-31$4.28B10.92%
2015-12-31$3.86B15.44%
2014-12-31$3.34B16.07%
2013-12-31$2.88B58.44%
2012-12-31$1.82B27.93%
2011-12-31$1.42B108.83%
2010-12-31$680.53M19.61%
2009-12-31$568.97M3.22%
2008-12-31$551.21M13.41%
2007-12-31$486.02M50.55%
2006-12-31$322.82M14.54%
2005-12-31$281.85M24.66%
2004-12-31$226.09M12.47%
2003-12-31$201.03M23.24%
2002-12-31$163.12M20.72%
2001-12-31$135.12M-0.11%
2000-12-31$135.27M5.18%
1999-12-31$128.60M31.24%
1998-12-31$97.99M33.67%
1997-12-31$73.31M34.75%
1996-12-31$54.40M756.48%
1995-12-31$6.35M15.90%
1994-12-31$5.48M-84.78%
1993-12-31$36.00M-

Welltower generated $7.99B in revenue during NA 2024, up 20.49% compared to the previous quarter, and up 156.04% compared to the same period a year ago.

Welltower Revenue by Quarter

DateRevenueChange
2025-09-30$2.69B6.74%
2025-06-30$2.52B5.34%
2025-03-31$2.39B7.63%
2024-12-31$2.22B10.35%
2024-09-30$2.01B12.18%
2024-06-30$1.79B-2.07%
2024-03-31$1.83B6.56%
2023-12-31$1.72B5.62%
2023-09-30$1.63B2.84%
2023-06-30$1.58B1.90%
2023-03-31$1.55B2.84%
2022-12-31$1.51B2.78%
2022-09-30$1.47B4.25%
2022-06-30$1.41B1.36%
2022-03-31$1.39B7.23%
2021-12-31$1.30B5.08%
2021-09-30$1.23B8.77%
2021-06-30$1.13B8.43%
2021-03-31$1.05B-6.34%
2020-12-31$1.12B8.13%
2020-09-30$1.03B-12.62%
2020-06-30$1.18B-5.83%
2020-03-31$1.26B-0.14%
2019-12-31$1.26B-0.39%
2019-09-30$1.26B-4.19%
2019-06-30$1.32B4.15%
2019-03-31$1.26B2.47%
2018-12-31$1.23B0.11%
2018-09-30$1.23B11.01%
2018-06-30$1.11B1.23%
2018-03-31$1.10B-0.66%
2017-12-31$1.10B1.17%
2017-09-30$1.09B3.11%
2017-06-30$1.06B-0.35%
2017-03-31$1.06B-1.49%
2016-12-31$1.08B-0.08%
2016-09-30$1.08B0.23%
2016-06-30$1.08B2.83%
2016-03-31$1.05B2.42%
2015-12-31$1.02B4.65%
2015-09-30$976.92M2.54%
2015-06-30$952.75M7.16%
2015-03-31$889.09M2.90%
2014-12-31$864.03M2.14%
2014-09-30$845.90M2.61%
2014-06-30$824.42M2.88%
2014-03-31$801.31M2.98%
2013-12-31$778.11M-0.94%
2013-09-30$785.49M15.33%
2013-06-30$681.10M7.56%
2013-03-31$633.22M36.68%
2012-12-31$463.27M-2.29%
2012-09-30$474.14M4.65%
2012-06-30$453.08M4.07%
2012-03-31$435.36M8.20%
2011-12-31$402.35M4.57%
2011-09-30$384.79M0.98%
2011-06-30$381.06M49.16%
2011-03-31$255.48M32.27%
2010-12-31$193.15M9.65%
2010-09-30$176.15M7.98%
2010-06-30$163.13M6.79%
2010-03-31$152.76M8.63%
2009-12-31$140.62M-3.08%
2009-09-30$145.10M2.41%
2009-06-30$141.69M-1.83%
2009-03-31$144.33M2.58%
2008-12-31$140.69M-3.04%
2008-09-30$145.10M6.78%
2008-06-30$135.89M-

Welltower generated $2.69B in revenue during Q3 2025, up 6.74% compared to the previous quarter, and up 149.81% compared to the same period a year ago.

Welltower Revenue Breakdown

Welltower Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Senior Housing - Operating$6.04B$4.77B---
Outpatient Medical$802.11M$751.15M---
Triple Net$788.77M$1.04B---
Product and Service, Other--$84.55M$32.63M$19.43M
Management Service---$3.20B$3.07B
Interest Revenue--$150.57M$137.56M$69.16M

Welltower's latest annual revenue breakdown by segment (product or service), as of Dec 24: Senior Housing - Operating (79.14%), Outpatient Medical (10.52%), and Triple Net (10.34%).

Quarterly Revenue by Product

Product/ServiceSep 25Jun 25Mar 25Sep 24Jun 24Mar 24Sep 23Jun 23Mar 22
Management Service$2.06B$1.97B$1.86B$1.51B$1.39B$1.36B$1.20B--
Interest Revenue------$42.22M$38.71M$38.99M
Product and Service, Other------$35.48M$83.88M$5.99M

Welltower's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Management Service (100.00%).

Welltower Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
UNITED STATES$6.56B$5.52B$4.84B--
CANADA$554.56M$509.31M$458.89M--
Product and Service, Other--$84.55M$32.63M$19.43M
Management Service---$3.20B$3.07B
Interest Revenue--$150.57M$137.56M$69.16M

Welltower's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (92.21%), and CANADA (7.79%).

Quarterly Revenue by Country

CountrySep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 22
UNITED STATES$2.04B$1.94B$1.89B$1.74B$1.75B$1.53B$1.55B$1.45B$1.38B$1.39B$1.14B
UNITED KINGDOM$448.02M$416.81M---------
CANADA$193.01M$187.03M$158.25M$136.35M$135.43M$131.45M$151.34M$149.68M$123.87M$118.94M$112.20M
Interest Revenue---------$38.71M-
Management Service-----------
Product and Service, Other---------$83.88M-

Welltower's latest quarterly revenue breakdown by geography, as of Sep 25: UNITED STATES (76.13%), UNITED KINGDOM (16.68%), and CANADA (7.19%).

Welltower Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
AMTAmerican Tower$10.13B$2.72B
EQIXEquinix$8.75B$2.26B
PLDPrologis$8.20B$2.21B
WELLWelltower$7.99B$2.69B
DLRDigital Realty Trust$5.55B$256.18M
ORealty Income$5.27B$1.41B
VTRVentas$4.92B$1.42B
DOCHealthpeak Properties$543.46M$973.67M
LTCLTC Properties$209.85M$60.24M
GMREGlobal Medical REIT$138.78M$37.97M

WELL Revenue FAQ

What is Welltower’s yearly revenue?

Welltower's yearly revenue for 2024 was $7.99B, representing an increase of 20.49% compared to 2023. The company's yearly revenue for 2023 was $6.63B, representing an increase of 13.16% compared to 2022. WELL's yearly revenue for 2022 was $5.86B, representing an increase of 23.59% compared to 2021.

What is Welltower’s quarterly revenue?

Welltower's quarterly revenue for Q3 2025 was $2.69B, a 6.74% increase from the previous quarter (Q2 2025), and a 33.55% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $2.52B, a 5.34% increase from the previous quarter (Q1 2025), and a 40.35% increase year-over-year (Q2 2024). WELL's quarterly revenue for Q1 2025 was $2.39B, a 7.63% increase from the previous quarter (Q4 2024), and a 30.48% increase year-over-year (Q1 2024).

What is Welltower’s revenue growth rate?

Welltower's revenue growth rate for the last 3 years (2022-2024) was 36.35%, and for the last 5 years (2020-2024) was 73.49%.

What are Welltower’s revenue streams?

Welltower's revenue streams in c 24 are Senior Housing - Operating, Outpatient Medical, and Triple Net. Senior Housing - Operating generated $6.04B in revenue, accounting 79.14% of the company's total revenue, up 26.43% year-over-year. Outpatient Medical generated $802.11M in revenue, accounting 10.52% of the company's total revenue, up 6.78% year-over-year. Triple Net generated $788.77M in revenue, accounting 10.34% of the company's total revenue, down -24.40% year-over-year.

What is Welltower’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Welltower was Senior Housing - Operating. This segment made a revenue of $6.04B, representing 79.14% of the company's total revenue.