Welltower's Revenue
- Welltower's annual revenue was $10.67 B in fiscal year 2025. The annual revenue increased $2.81 B from $7.85 B (in 2024) to $10.67 B (in 2025), representing a 35.82% year-over-year growth.
- Welltower's quarterly revenue was $3.13 B in the quarter ending Dec 2025. The quarterly revenue increased $915.11 M from $2.22 B (in Q4: Sept 2024) to $3.13 B (in Q4: Sept 2025), representing a 41.24% year-over-year growth.
- The highest annual revenue for Welltower was $10.67 B in fiscal year 2025.
- The lowest annual revenue was $4.25 B in fiscal year 2016.
- The average revenue was $5.84 B.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2016 - 2025):
Learn more about Welltower's Revenue by Segment and Revenue by Region.
Check out competitors to Welltower in a side-by-side comparison.
Explore additional financial metrics for Welltower.
Definition of Revenue :
Welltower's Revenue Trend
| 2015 | 3841120000.00 |
|---|---|
| 2016 | 4251509000.00 |
| 2017 | 4299105000.00 |
| 2018 | 4671088000.00 |
| 2019 | 5100405000.00 |
| 2020 | 4586538000.00 |
| 2021 | 4709481000.00 |
| 2022 | 5776068000.00 |
| 2023 | 6478231000.00 |
| 2024 | 7853618000.00 |
| 2025 | 10667136000.00 |
| Mar 2016 | 1043000000.00 |
|---|---|
| Jun 2016 | 1061855000.00 |
| Sep 2016 | 1076249000.00 |
| Dec 2016 | 1070406000.00 |
| Mar 2017 | 1058226000.00 |
| Jun 2017 | 1053540000.00 |
| Sep 2017 | 1085447000.00 |
| Dec 2017 | 1101891000.00 |
| Mar 2018 | 1093951000.00 |
| Jun 2018 | 1110408000.00 |
| Sep 2018 | 1232680000.00 |
| Dec 2018 | 1234049000.00 |
| Mar 2019 | 1264488000.00 |
| Jun 2019 | 1317027000.00 |
| Sep 2019 | 1261905000.00 |
| Dec 2019 | 1256985000.00 |
| Mar 2020 | 1255173000.00 |
| Jun 2020 | 1181934000.00 |
| Sep 2020 | 1032752000.00 |
| Dec 2020 | 1116679000.00 |
| Mar 2021 | 1045886000.00 |
| Jun 2021 | 1134062000.00 |
| Sep 2021 | 1233465000.00 |
| Dec 2021 | 1296068000.00 |
| Mar 2022 | 1389719000.00 |
| Jun 2022 | 1408550000.00 |
| Sep 2022 | 1468480000.00 |
| Dec 2022 | 1509319000.00 |
| Mar 2023 | 1552149000.00 |
| Jun 2023 | 1581598000.00 |
| Sep 2023 | 1626535000.00 |
| Dec 2023 | 1717949000.00 |
| Mar 2024 | 1830590000.00 |
| Jun 2024 | 1792737000.00 |
| Sep 2024 | 2011056000.00 |
| Dec 2024 | 2219235000.00 |
| Mar 2025 | 2388587000.00 |
| Jun 2025 | 2516141000.00 |
| Sep 2025 | 2628061000.00 |
| Dec 2025 | 3134347000.00 |
2025
Welltower's annual revenue was $10.67 B in fiscal year 2025.
Welltower's quarterly revenue was $2.39 B(Q1: Mar 2025), $2.52 B(Q2: Jun 2025), $2.63 B(Q3: Sep 2025), $3.13 B(Q4: Dec 2025) in fiscal year 2025.
2024
Welltower's annual revenue was $7.85 B in fiscal year 2024.
Welltower's quarterly revenue was $1.83 B(Q1: Mar 2024), $1.79 B(Q2: Jun 2024), $2.01 B(Q3: Sep 2024), $2.22 B(Q4: Dec 2024) in fiscal year 2024.
2023
Welltower's annual revenue was $6.48 B in fiscal year 2023.
Welltower's quarterly revenue was $1.55 B(Q1: Mar 2023), $1.58 B(Q2: Jun 2023), $1.63 B(Q3: Sep 2023), $1.72 B(Q4: Dec 2023) in fiscal year 2023.
2022
Welltower's annual revenue was $5.78 B in fiscal year 2022.
Welltower's quarterly revenue was $1.39 B(Q1: Mar 2022), $1.41 B(Q2: Jun 2022), $1.47 B(Q3: Sep 2022), $1.51 B(Q4: Dec 2022) in fiscal year 2022.
2021
Welltower's annual revenue was $4.71 B in fiscal year 2021.
Welltower's quarterly revenue was $1.05 B(Q1: Mar 2021), $1.13 B(Q2: Jun 2021), $1.23 B(Q3: Sep 2021), $1.30 B(Q4: Dec 2021) in fiscal year 2021.
2020
Welltower's annual revenue was $4.59 B in fiscal year 2020.
Welltower's quarterly revenue was $1.26 B(Q1: Mar 2020), $1.18 B(Q2: Jun 2020), $1.03 B(Q3: Sep 2020), $1.12 B(Q4: Dec 2020) in fiscal year 2020.
2019
Welltower's annual revenue was $5.10 B in fiscal year 2019.
Welltower's quarterly revenue was $1.26 B(Q1: Mar 2019), $1.32 B(Q2: Jun 2019), $1.26 B(Q3: Sep 2019), $1.26 B(Q4: Dec 2019) in fiscal year 2019.
2018
Welltower's annual revenue was $4.67 B in fiscal year 2018.
Welltower's quarterly revenue was $1.09 B(Q1: Mar 2018), $1.11 B(Q2: Jun 2018), $1.23 B(Q3: Sep 2018), $1.23 B(Q4: Dec 2018) in fiscal year 2018.
2017
Welltower's annual revenue was $4.30 B in fiscal year 2017.
Welltower's quarterly revenue was $1.06 B(Q1: Mar 2017), $1.05 B(Q2: Jun 2017), $1.09 B(Q3: Sep 2017), $1.10 B(Q4: Dec 2017) in fiscal year 2017.
2016
Welltower's annual revenue was $4.25 B in fiscal year 2016.
Welltower's quarterly revenue was $1.04 B(Q1: Mar 2016), $1.06 B(Q2: Jun 2016), $1.08 B(Q3: Sep 2016), $1.07 B(Q4: Dec 2016) in fiscal year 2016.
Welltower's Revenue (Year-over-Year Change)
| 2015 | 0 |
|---|---|
| 2016 | +10.68 |
| 2017 | +1.12 |
| 2018 | +8.65 |
| 2019 | +9.19 |
| 2020 | -10.08 |
| 2021 | +2.68 |
| 2022 | +22.65 |
| 2023 | +12.16 |
| 2024 | +21.23 |
| 2025 | +35.82 |
| Q1: Mar 16 | 17.31 |
|---|---|
| Q2: Jun 16 | 11.45 |
| Q3: Sep 16 | 10.17 |
| Q4: Dec 16 | 4.70 |
| Q1: Mar 17 | 1.46 |
| Q2: Jun 17 | -0.78 |
| Q3: Sep 17 | 0.85 |
| Q4: Dec 17 | 2.94 |
| Q1: Mar 18 | 3.38 |
| Q2: Jun 18 | 5.40 |
| Q3: Sep 18 | 13.56 |
| Q4: Dec 18 | 11.99 |
| Q1: Mar 19 | 15.59 |
| Q2: Jun 19 | 18.61 |
| Q3: Sep 19 | 2.37 |
| Q4: Dec 19 | 1.86 |
| Q1: Mar 20 | -0.74 |
| Q2: Jun 20 | -10.26 |
| Q3: Sep 20 | -18.16 |
| Q4: Dec 20 | -11.16 |
| Q1: Mar 21 | -16.67 |
| Q2: Jun 21 | -4.05 |
| Q3: Sep 21 | 19.43 |
| Q4: Dec 21 | 16.06 |
| Q1: Mar 22 | 32.87 |
| Q2: Jun 22 | 24.20 |
| Q3: Sep 22 | 19.05 |
| Q4: Dec 22 | 16.45 |
| Q1: Mar 23 | 11.69 |
| Q2: Jun 23 | 12.29 |
| Q3: Sep 23 | 10.76 |
| Q4: Dec 23 | 13.82 |
| Q1: Mar 24 | 17.94 |
| Q2: Jun 24 | 13.35 |
| Q3: Sep 24 | 23.64 |
| Q4: Dec 24 | 29.18 |
| Q1: Mar 25 | 30.48 |
| Q2: Jun 25 | 40.35 |
| Q3: Sep 25 | 30.68 |
| Q4: Dec 25 | 41.24 |
2025
Welltower’s annual revenue increased +35.82% during fiscal year 2025 compared to 2024. It represents a growth of $2.81 B from $7.85 B (in 2024) to $10.67 B (in 2025).
2024
Welltower’s annual revenue increased +21.23% during fiscal year 2024 compared to 2023. It represents a growth of $1.38 B from $6.48 B (in 2023) to $7.85 B (in 2024).
2023
Welltower’s annual revenue increased +12.16% during fiscal year 2023 compared to 2022. It represents a growth of $702.16 M from $5.78 B (in 2022) to $6.48 B (in 2023).
2022
Welltower’s annual revenue increased +22.65% during fiscal year 2022 compared to 2021. It represents a growth of $1.07 B from $4.71 B (in 2021) to $5.78 B (in 2022).
2021
Welltower’s annual revenue increased +2.68% during fiscal year 2021 compared to 2020. It represents a growth of $122.94 M from $4.59 B (in 2020) to $4.71 B (in 2021).
2020
Welltower’s annual revenue decreased -10.08% during fiscal year 2020 compared to 2019. It represents a decline of -$513.87 M from $5.10 B (in 2019) to $4.59 B (in 2020).
2019
Welltower’s annual revenue increased +9.19% during fiscal year 2019 compared to 2018. It represents a growth of $429.32 M from $4.67 B (in 2018) to $5.10 B (in 2019).
2018
Welltower’s annual revenue increased +8.65% during fiscal year 2018 compared to 2017. It represents a growth of $371.98 M from $4.30 B (in 2017) to $4.67 B (in 2018).
2017
Welltower’s annual revenue increased +1.12% during fiscal year 2017 compared to 2016. It represents a growth of $47.60 M from $4.25 B (in 2016) to $4.30 B (in 2017).
2016
Welltower’s annual revenue increased +10.68% during fiscal year 2016 compared to 2015. It represents a growth of $410.39 M from $3.84 B (in 2015) to $4.25 B (in 2016).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2025 | $10.67 B | +35.82% |
| 2024 | $7.85 B | +21.23% |
| 2023 | $6.48 B | +12.16% |
| 2022 | $5.78 B | +22.65% |
| 2021 | $4.71 B | +2.68% |
| 2020 | $4.59 B | -10.08% |
| 2019 | $5.10 B | +9.19% |
| 2018 | $4.67 B | +8.65% |
| 2017 | $4.30 B | +1.12% |
| 2016 | $4.25 B | +10.68% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q4: Dec 25 | $3.13 B | 41.24% |
| Q3: Sep 25 | $2.63 B | 30.68% |
| Q2: Jun 25 | $2.52 B | 40.35% |
| Q1: Mar 25 | $2.39 B | 30.48% |
| Q4: Dec 24 | $2.22 B | 29.18% |
| Q3: Sep 24 | $2.01 B | 23.64% |
| Q2: Jun 24 | $1.79 B | 13.35% |
| Q1: Mar 24 | $1.83 B | 17.94% |
| Q4: Dec 23 | $1.72 B | 13.82% |
| Q3: Sep 23 | $1.63 B | 10.76% |
| Q2: Jun 23 | $1.58 B | 12.29% |
| Q1: Mar 23 | $1.55 B | 11.69% |
| Q4: Dec 22 | $1.51 B | 16.45% |
| Q3: Sep 22 | $1.47 B | 19.05% |
| Q2: Jun 22 | $1.41 B | 24.20% |
| Q1: Mar 22 | $1.39 B | 32.87% |
| Q4: Dec 21 | $1.30 B | 16.06% |
| Q3: Sep 21 | $1.23 B | 19.43% |
| Q2: Jun 21 | $1.13 B | -4.05% |
| Q1: Mar 21 | $1.05 B | -16.67% |
| Q4: Dec 20 | $1.12 B | -11.16% |
| Q3: Sep 20 | $1.03 B | -18.16% |
| Q2: Jun 20 | $1.18 B | -10.26% |
| Q1: Mar 20 | $1.26 B | -0.74% |
| Q4: Dec 19 | $1.26 B | 1.86% |
| Q3: Sep 19 | $1.26 B | 2.37% |
| Q2: Jun 19 | $1.32 B | 18.61% |
| Q1: Mar 19 | $1.26 B | 15.59% |
| Q4: Dec 18 | $1.23 B | 11.99% |
| Q3: Sep 18 | $1.23 B | 13.56% |
| Q2: Jun 18 | $1.11 B | 5.40% |
| Q1: Mar 18 | $1.09 B | 3.38% |
| Q4: Dec 17 | $1.10 B | 2.94% |
| Q3: Sep 17 | $1.09 B | 0.85% |
| Q2: Jun 17 | $1.05 B | -0.78% |
| Q1: Mar 17 | $1.06 B | 1.46% |
| Q4: Dec 16 | $1.07 B | 4.70% |
| Q3: Sep 16 | $1.08 B | 10.17% |
| Q2: Jun 16 | $1.06 B | 11.45% |
| Q1: Mar 16 | $1.04 B | 17.31% |





