Free Cash Flow for Welltower (WELL)
Free Cash Flow for Welltower (WELL): headline value $2.85B · YoY +29.5%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

WELL
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.85B
YoY change
+29.5%
5Y CAGR
+16.1%
Peak year (2025)
$2.85B
Latest annual
$2.85B
Free Cash Flow history chart for Welltower (WELL) from 1989 to 2025
Free Cash Flow history table for Welltower (WELL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $2.85B | +29.5% | ||
| 2024 | $2.20B | +41.7% | ||
| 2023 | $1.55B | +19.5% | ||
| 2022 | $1.30B | +3.4% | ||
| 2021 | $1.26B | -6.8% | ||
| 2020 | $1.35B | -11.4% | ||
| 2019 | $1.52B | -3.5% | ||
| 2018 | $1.58B | +10.9% | ||
| 2017 | $1.42B | -11.9% | ||
| 2016 | $1.61B | +18.1% | ||
| 2015 | $1.36B | +20.6% | ||
| 2014 | $1.13B | +15.2% | ||
| 2013 | $981.80M | +21.5% | ||
| 2012 | $808.36M | -118.7% | ||
| 2011 | -$4.33B | +150.3% | ||
| 2010 | -$1.73B | +568.4% | ||
| 2009 | -$258.87M | -64.9% | ||
| 2008 | -$736.72M | +100.6% | ||
| 2007 | -$367.33M | +72.7% | ||
| 2006 | -$212.74M | -50.0% | ||
| 2005 | -$425.54M | -69.8% | ||
| 2004 | -$1.41B | +401.4% | ||
| 2003 | -$280.89M | -7.7% | ||
| 2002 | -$304.34M | +421.1% | ||
| 2001 | -$58.40M | -261.1% | ||
| 2000 | $36.25M | -130.4% | ||
| 1999 | -$119.36M | -38.6% | ||
| 1998 | -$194.27M | +143.4% | ||
| 1997 | -$79.83M | +167.3% | ||
| 1996 | -$29.86M | -223.5% | ||
| 1995 | $24.18M | +45.4% | ||
| 1994 | $16.62M | -28.3% | ||
| 1993 | $23.20M | +84.1% | ||
| 1992 | $12.60M | -14.9% | ||
| 1991 | $14.80M | +12.1% | ||
| 1990 | $13.20M | +28.2% | ||
| 1989 | $10.30M | — |
Free Cash Flow 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
The 2025 reading of Welltower (WELL) free cash flow is $2.85B – grew 29.5% year-over-year.
Welltower free cash flow compound annual growth for the 2020–2025 (5 years) window is +16.1%, sustaining 4 straight years of year-over-year growth.
The dataset's maximum free cash flow sits at $2.85B (2025); the minimum reading of -$4.33B dates to 2011.
Among 8 Real Estate peers, Welltower (WELL) ranks 6th; the peer median for free cash flow is $3.23B.
Welltower Free Cash Flow by Year
Welltower Free Cash Flow 2025: $2.85B
Welltower free cash flow in 2025 was $2.85B, grew 29.5% from 2024. This figure represents the highest annual value in the available history.
Welltower Free Cash Flow 2024: $2.20B
Welltower free cash flow in 2024 was $2.20B, surged 41.7% from 2023.
Welltower Free Cash Flow 2023: $1.55B
Welltower free cash flow in 2023 was $1.55B, grew 19.5% from 2022.
Welltower Free Cash Flow 2022: $1.30B
Welltower free cash flow in 2022 was $1.30B, edged up 3.4% from 2021.
Welltower Free Cash Flow 2021: $1.26B
Welltower free cash flow in 2021 was $1.26B.
See more financial history for Welltower (WELL).
Sector peers — Free Cash Flow
Companies in the same sector as Welltower, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| Realty Income Corporation (O) | $3.86B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.19B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is Welltower's free cash flow?
Latest reported free cash flow for Welltower (WELL) is $2.85B (period ending December 31, 2025).
How has Welltower free cash flow changed year-over-year?
Welltower (WELL) free cash flow changed +29.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Welltower free cash flow?
Welltower (WELL) free cash flow compound annual growth rate is +16.1% over the most recent 5 years available.
When did Welltower free cash flow hit its highest annual value?
Welltower free cash flow reached its highest annual value of $2.85B in 2025.
What was Welltower free cash flow in 2024?
Welltower (WELL) free cash flow in 2024 was $2.20B.
What was Welltower free cash flow in 2025?
Welltower (WELL) free cash flow in 2025 was $2.85B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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WELL Overview
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