Welltower's Revenue by Segment
In fiscal year 2025, Welltower's revenue by segment (products & services) are as follows:
- Outpatient Medical: $781.93 M
- Senior Housing - Operating: $8.49 B
- Triple Net: $1.20 B
Learn more about Welltower’s Revenue by Geography
Check out competitors to Welltower in a side-by-side comparison.
Explore additional financial metrics for Welltower.
Welltower's Revenue Share by Segment
| Outpatient Medical | 751155000 |
|---|---|
| Senior Housing - Operating | 4773643000 |
| Triple Net | 1043329000 |
| Outpatient Medical | 802113000 |
|---|---|
| Senior Housing - Operating | 6035461000 |
| Triple Net | 788771000 |
| Outpatient Medical | 781932000 |
|---|---|
| Senior Housing - Operating | 8489095000 |
| Triple Net | 1197042000 |
The above chart shows Welltower's revenue percentage share by segment (products and services).
In fiscal year 2023, Welltower's revenue by segment is as follows:
- Outpatient Medical generated $751.16 M in revenue, representing 11.44% of its total revenue.
- Senior Housing - Operating generated $4.77 B in revenue, representing 72.68% of its total revenue.
- Triple Net generated $1.04 B in revenue, representing 15.88% of its total revenue.
The biggest segment for Welltower is the Senior Housing - Operating, which represents 72.68% of its total revenue.
The smallest segment for Welltower is the Outpatient Medical, which represents 11.44% of its total revenue.
The above chart shows Welltower's revenue percentage share by segment (products and services).
In fiscal year 2024, Welltower's revenue by segment is as follows:
- Outpatient Medical generated $802.11 M in revenue, representing 10.52% of its total revenue.
- Senior Housing - Operating generated $6.04 B in revenue, representing 79.14% of its total revenue.
- Triple Net generated $788.77 M in revenue, representing 10.34% of its total revenue.
The biggest segment for Welltower is the Senior Housing - Operating, which represents 79.14% of its total revenue.
The smallest segment for Welltower is the Triple Net, which represents 10.34% of its total revenue.
The above chart shows Welltower's revenue percentage share by segment (products and services).
In fiscal year 2025, Welltower's revenue by segment is as follows:
- Outpatient Medical generated $781.93 M in revenue, representing 7.47% of its total revenue.
- Senior Housing - Operating generated $8.49 B in revenue, representing 81.1% of its total revenue.
- Triple Net generated $1.20 B in revenue, representing 11.44% of its total revenue.
The biggest segment for Welltower is the Senior Housing - Operating, which represents 81.1% of its total revenue.
The smallest segment for Welltower is the Outpatient Medical, which represents 7.47% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Senior Housing - Operating | 72.68% | 79.14% | 81.1% |
| Outpatient Medical | 11.44% | 10.52% | 7.47% |
| Triple Net | 15.88% | 10.34% | 11.44% |
| Total Revenue | 100% | 100% | 100% |
Welltower's Segments Revenue Trend
The above chart shows the revenue trend of different segments of Welltower.
In fiscal year 2025, the Senior Housing - Operating generated the most revenue ($8.49 B), and the Outpatient Medical generated the least revenue ($781.93 M).
Welltower's Revenue Growth Drivers
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
| Products & Services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outpatient Medical | $751.16 M - |
$802.11 M
6.78%
|
$781.93 M
2.52%
|
| Senior Housing - Operating | $4.77 B - |
$6.04 B
26.43%
|
$8.49 B
40.65%
|
| Triple Net | $1.04 B - |
$788.77 M
24.40%
|
$1.20 B
51.76%
|
| Total Revenue | $6.57 B - |
$7.63 B
16.11%
|
$10.47 B
37.26%
|





