EBITDA for Welltower (WELL)
According to Welltower's latest reported financial statements, the company's current EBITDA (TTM) is $2.31B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

WELL
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.31B
YoY change
-16.8%
5Y CAGR
+8.6%
Peak year (2024)
$2.78B
Cumulative EBITDA
$31.48B
EBITDA history chart for Welltower (WELL) from 1985 to 2025
EBITDA history table for Welltower (WELL) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.31B | -16.8% | ||
| 2024 | $2.78B | +15.7% | ||
| 2023 | $2.40B | +17.7% | ||
| 2022 | $2.04B | +19.0% | ||
| 2021 | $1.71B | +11.8% | ||
| 2020 | $1.53B | -28.4% | ||
| 2019 | $2.14B | +11.5% | ||
| 2018 | $1.92B | +11.5% | ||
| 2017 | $1.72B | -19.5% | ||
| 2016 | $2.14B | +9.0% | ||
| 2015 | $1.96B | +14.4% | ||
| 2014 | $1.72B | +19.0% | ||
| 2013 | $1.44B | +31.6% | ||
| 2012 | $1.10B | +30.3% | ||
| 2011 | $841.13M | +117.2% | ||
| 2010 | $387.33M | -8.3% | ||
| 2009 | $422.37M | -5.9% | ||
| 2008 | $448.71M | +13.8% | ||
| 2007 | $394.15M | +41.2% | ||
| 2006 | $279.11M | +3.2% | ||
| 2005 | $270.49M | -6.1% | ||
| 2004 | $288.09M | +71.3% | ||
| 2003 | $168.18M | +27.7% | ||
| 2002 | $131.68M | +20.7% | ||
| 2001 | $109.12M | -33.7% | ||
| 2000 | $164.66M | -2.2% | ||
| 1999 | $168.30M | +39.6% | ||
| 1998 | $120.60M | +40.9% | ||
| 1997 | $85.60M | +79.2% | ||
| 1996 | $47.77M | -233.5% | ||
| 1995 | -$35.78M | +2809.8% | ||
| 1994 | -$1.23M | -102.9% | ||
| 1993 | $42.00M | +26.5% | ||
| 1992 | $33.20M | -4.6% | ||
| 1991 | $34.80M | +16.4% | ||
| 1990 | $29.90M | -2.0% | ||
| 1989 | $30.50M | +2.3% | ||
| 1988 | $29.80M | +2.1% | ||
| 1987 | $29.20M | +32.7% | ||
| 1986 | $22.00M | +10.0% | ||
| 1985 | $20.00M | — |
EBITDA values are taken from Welltower's reported income 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
The 2025 reading of Welltower (WELL) EBITDA is $2.31B – declined 16.8% year-over-year.
Welltower EBITDA compound annual growth for the 2020–2025 (5 years) window is +8.6%, with the latest reading among the more recent periods of the dataset.
Welltower EBITDA declined from $2.78B in 2024 to $2.31B in 2025, a 16.8% drawdown.
Across the available history, EBITDA reached its high of $2.78B in 2024 and its low of -$35.78M in 1995.
Within Real Estate, Welltower (WELL) ranks 9th among 8 peers we track. The peer median for EBITDA is $3.83B.
Welltower EBITDA by Year
Welltower EBITDA 2025: $2.31B
Welltower EBITDA in 2025 was $2.31B, declined 16.8% below 2024.
Welltower EBITDA 2024: $2.78B
Welltower EBITDA in 2024 was $2.78B, grew 15.7% from 2023. This figure represents the highest annual value in the available history.
Welltower EBITDA 2023: $2.40B
Welltower EBITDA in 2023 was $2.40B, grew 17.7% from 2022.
Welltower EBITDA 2022: $2.04B
Welltower EBITDA in 2022 was $2.04B, grew 19.0% from 2021.
Welltower EBITDA 2021: $1.71B
Welltower EBITDA in 2021 was $1.71B.
See more financial history for Welltower (WELL).
Sector peers — EBITDA
Companies in the same sector as Welltower, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $7.86B | Real Estate |
| Prologis, Inc. (PLD) | $7.20B | Real Estate |
| American Tower Corporation (AMT) | $6.12B | Real Estate |
| Equinix, Inc. (EQIX) | $4.07B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.59B | Real Estate |
| Realty Income Corporation (O) | $3.55B | Real Estate |
| Public Storage (PSA) | $3.25B | Real Estate |
| CBRE Group, Inc. (CBRE) | $2.58B | Real Estate |
Frequently asked questions
What is Welltower's EBITDA?
- Latest reported EBITDA for Welltower (WELL) is $2.31B (period ending December 31, 2025).
How has Welltower EBITDA changed year-over-year?
- Welltower (WELL) EBITDA changed -16.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Welltower EBITDA?
- Welltower (WELL) EBITDA compound annual growth rate is +8.6% over the most recent 5 years available.
When did Welltower EBITDA hit its highest annual value?
- Welltower EBITDA reached its highest annual value of $2.78B in 2024.
What was Welltower EBITDA in 2024?
- Welltower (WELL) EBITDA in 2024 was $2.78B.
What was Welltower EBITDA in 2025?
- Welltower (WELL) EBITDA in 2025 was $2.31B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
WELL Overview
Company profile, financial tools, and key metrics
WELL Revenue Counter
Earns $338.25 every second. See per minute, hour, and day.
WELL Earnings Counter
Earns $29.71 per second net profit. See per minute, hour, and day.
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1 split on record. Dates, ratios, and cumulative multiple.
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Yield: 1.36%. Safety: 4/8. See full history.
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WELL Dividend Forecast
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