Latest period
$790M
YoY change
-41.8%
5Y CAGR
+14.1%
Peak year (FY2011)
$4.92B
Cumulative CapEx
$14.7B
CapEx history chart for Welltower (WELL) from 2016 to 2025
Latest: $33.8M
CapEx growth chart for Welltower (WELL) from 2016 to 2025
Latest: -41.8%
CapEx history table for Welltower (WELL) from 1989 to 2025
| FY2025 | $33.8M | -41.8% | -$24.3M | ||
| FY2024 | $58.1M | +14.6% | +$7.42M | ||
| FY2023 | $50.7M | +66.3% | +$20.2M | ||
| FY2022 | $30.5M | +57.6% | +$11.1M | ||
| FY2021 | $19.4M | +10.8% | +$1.88M | ||
| FY2020 | $17.5M | +14.4% | +$2.2M | ||
| FY2019 | $15.3M | +93.2% | +$7.37M | ||
| FY2018 | $7.91M | -41.4% | -$5.58M | ||
| FY2017 | $13.5M | -20.4% | -$3.45M | ||
| FY2016 | $16.9M | +95.4% | +$8.27M | ||
| FY2015 | $8.67M | +21.3% | +$1.52M | ||
| FY2014 | $7.15M | +6.7% | +$450K | ||
| FY2013 | $6.7M | -31.5% | -$3.08M | ||
| FY2012 | $9.78M | -99.8% | -$4.91B | ||
| FY2011 | $4.92B | +134.8% | +$2.82B | ||
| FY2010 | $2.09B | +227.3% | +$1.45B | ||
| FY2009 | $640M | -40.3% | -$432M | ||
| FY2008 | $1.07B | +69.9% | +$441M | ||
| FY2007 | $631M | +47.1% | +$202M | ||
| FY2006 | $429M | -28.4% | -$170M | ||
| FY2005 | $599M | -61.4% | -$953M | ||
| FY2004 | $1.55B | +278.3% | +$1.14B | ||
| FY2003 | $410M | +0.2% | +$707K | ||
| FY2002 | $410M | +178.6% | +$263M | ||
| FY2001 | $147M | +216.7% | +$101M | ||
| FY2000 | $46.4M | -78.4% | -$169M | ||
| FY1999 | $215M | -20.2% | -$54.5M | ||
| FY1998 | $270M | +98.8% | +$134M | ||
| FY1997 | $136M | +105.6% | +$69.8M | ||
| FY1996 | $66.1M | +2120.5% | +$63.1M | ||
| FY1995 | $2.98M | -80.6% | -$12.4M | ||
| FY1994 | $15.4M | — | +$15.4M | ||
| FY1993 | $0.00 | -100.0% | -$5.7M | ||
| FY1992 | $5.7M | — | +$5.7M | ||
| FY1991 | $0.00 | — | $0.00 | ||
| FY1990 | $0.00 | — | $0.00 | ||
| FY1989 | $0.00 | — | — |
- FY2025$33.8M-41.8%
- FY2024$58.1M+14.6%
- FY2023$50.7M+66.3%
- FY2022$30.5M+57.6%
- FY2021$19.4M+10.8%
- FY2020$17.5M+14.4%
- FY2019$15.3M+93.2%
- FY2018$7.91M-41.4%
- FY2017$13.5M-20.4%
- FY2016$16.9M+95.4%
- FY2015$8.67M+21.3%
- FY2014$7.15M+6.7%
- FY2013$6.7M-31.5%
- FY2012$9.78M-99.8%
- FY2011$4.92B+134.8%
- FY2010$2.09B+227.3%
- FY2009$640M-40.3%
- FY2008$1.07B+69.9%
- FY2007$631M+47.1%
- FY2006$429M-28.4%
- FY2005$599M-61.4%
- FY2004$1.55B+278.3%
- FY2003$410M+0.2%
- FY2002$410M+178.6%
- FY2001$147M+216.7%
- FY2000$46.4M-78.4%
- FY1999$215M-20.2%
- FY1998$270M+98.8%
- FY1997$136M+105.6%
- FY1996$66.1M+2120.5%
- FY1995$2.98M-80.6%
- FY1994$15.4M—
- FY1993$0.00-100.0%
- FY1992$5.7M—
- FY1991$0.00—
- FY1990$0.00—
- FY1989$0.00—
CapEx values are taken from Welltower's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Welltower (WELL)
According to Welltower's latest reported financial statements, the company's current CapEx (TTM) is $790M. 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 .
In 2025, Welltower (WELL) CapEx totalled $33.8M – plunged 41.8% year-over-year.
Welltower CapEx compound annual growth for the 2020–2025 (5 years) window is +14.1%, with mixed annual results across the window.
Welltower CapEx peaked at $4.92B in 2011; the latest annual figure is $33.8M in 2025 (99.3% below peak).
$4.92B stands as the all-time-high annual CapEx, posted in 2011, against a low of $0.00 during 1989.
Welltower Capital Expenditures by Year
Welltower Capital Expenditures 2025: $33.8M
2025's CapEx for Welltower came in at $33.8M, plunged 41.8% below 2024.
Welltower Capital Expenditures 2024: $58.1M
Welltower posted CapEx of $58.1M in 2024, grew 14.6% from 2023.
Welltower Capital Expenditures 2023: $50.7M
In 2023, Welltower reported CapEx of $50.7M, surged 66.3% from 2022.
Welltower Capital Expenditures 2022: $30.5M
Welltower CapEx in 2022 was $30.5M, surged 57.6% from 2021.
Welltower Capital Expenditures 2021: $19.4M
Welltower CapEx in 2021 was $19.4M.
See more financial history for Welltower (WELL).
Sector peers by CapEx
Real Estate peers of Welltower (WELL), ranked by their latest CapEx
| $4.31B | |
| $1.68B | |
| $912M | |
| $364M | |
| $289M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $4.31B
- $1.68B
- $364M
- $289M
- $0.00
- $0.00
Frequently asked questions
Welltower (WELL) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks
- Dividend Profile1.23% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History1 split
How this company returns cash to shareholders — buybacks, dividends, and stock splits.