Capital Expenditures for Welltower (WELL)
According to Welltower's latest reported financial statements, the company's current capital expenditures (TTM) is $33.80M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
WELL
Currently viewingCapital ExpendituresSwitch metric
Latest period
$33.80M
YoY change
-41.8%
5Y CAGR
+14.1%
Peak year (2011)
$4.92B
Cumulative capital expenditures
$13.96B
CapEx history chart for Welltower (WELL) from 1989 to 2025
CapEx history table for Welltower (WELL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $33.80M | -41.8% | ||
| 2024 | $58.12M | +14.6% | ||
| 2023 | $50.70M | +66.3% | ||
| 2022 | $30.49M | +57.6% | ||
| 2021 | $19.35M | +10.8% | ||
| 2020 | $17.47M | +14.4% | ||
| 2019 | $15.27M | +93.2% | ||
| 2018 | $7.91M | -41.4% | ||
| 2017 | $13.49M | -20.4% | ||
| 2016 | $16.94M | +95.4% | ||
| 2015 | $8.67M | +21.3% | ||
| 2014 | $7.15M | +6.7% | ||
| 2013 | $6.70M | -31.5% | ||
| 2012 | $9.78M | -99.8% | ||
| 2011 | $4.92B | +134.8% | ||
| 2010 | $2.09B | +227.3% | ||
| 2009 | $640.13M | -40.3% | ||
| 2008 | $1.07B | +69.9% | ||
| 2007 | $631.21M | +47.1% | ||
| 2006 | $429.18M | -28.4% | ||
| 2005 | $599.29M | -61.4% | ||
| 2004 | $1.55B | +278.3% | ||
| 2003 | $410.41M | +0.2% | ||
| 2002 | $409.71M | +178.6% | ||
| 2001 | $147.08M | +216.7% | ||
| 2000 | $46.45M | -78.4% | ||
| 1999 | $215.49M | -20.2% | ||
| 1998 | $270.01M | +98.8% | ||
| 1997 | $135.84M | +105.6% | ||
| 1996 | $66.08M | +2120.5% | ||
| 1995 | $2.98M | -80.6% | ||
| 1994 | $15.35M | — | ||
| 1993 | $0 | -100.0% | ||
| 1992 | $5.70M | — | ||
| 1991 | $0 | — | ||
| 1990 | $0 | — | ||
| 1989 | $0 | — |
CapEx values are taken from Welltower's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Welltower (WELL) capital expenditures totalled $33.80M – plunged 41.8% year-over-year.
Welltower capital expenditures compound annual growth for the 2020–2025 (5 years) window is +14.1%, with the latest reading among the more recent periods of the dataset.
Welltower capital expenditures peaked at $4.92B in 2011; the latest annual figure is $33.80M in 2025 (99.3% below peak).
$4.92B stands as the all-time-high annual capital expenditures, posted in 2011, against a low of $0 during 1989.
Among 8 Real Estate peers, Welltower (WELL) ranks 7th; the peer median for capital expenditures is $327.69M.
Welltower Capital Expenditures by Year
Welltower Capital Expenditures 2025: $33.80M
Welltower capital expenditures in 2025 was $33.80M, plunged 41.8% below 2024.
Welltower Capital Expenditures 2024: $58.12M
Welltower capital expenditures in 2024 was $58.12M, grew 14.6% from 2023.
Welltower Capital Expenditures 2023: $50.70M
Welltower capital expenditures in 2023 was $50.70M, surged 66.3% from 2022.
Welltower Capital Expenditures 2022: $30.49M
Welltower capital expenditures in 2022 was $30.49M, surged 57.6% from 2021.
Welltower Capital Expenditures 2021: $19.35M
Welltower capital expenditures in 2021 was $19.35M.
See more financial history for Welltower (WELL).
Sector peers — CapEx
Companies in the same sector as Welltower, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Equinix, Inc. (EQIX) | $4.31B | Real Estate |
| American Tower Corporation (AMT) | $1.68B | Real Estate |
| Simon Property Group, Inc. (SPG) | $912.35M | Real Estate |
| CBRE Group, Inc. (CBRE) | $366.00M | Real Estate |
| Public Storage (PSA) | $289.38M | Real Estate |
| Realty Income Corporation (O) | $131.80M | Real Estate |
| Prologis, Inc. (PLD) | $0 | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $0 | Real Estate |
Frequently asked questions
What is Welltower's capital expenditures?
- Latest reported capital expenditures for Welltower (WELL) is $33.80M (period ending December 31, 2025).
How has Welltower capital expenditures changed year-over-year?
- Welltower (WELL) capital expenditures changed -41.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Welltower capital expenditures?
- Welltower (WELL) capital expenditures compound annual growth rate is +14.1% over the most recent 5 years available.
When did Welltower capital expenditures hit its highest annual value?
- Welltower capital expenditures reached its highest annual value of $4.92B in 2011.
What was Welltower capital expenditures in 2024?
- Welltower (WELL) capital expenditures in 2024 was $58.12M.
What was Welltower capital expenditures in 2025?
- Welltower (WELL) capital expenditures in 2025 was $33.80M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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