Gross Profit for Welltower (WELL)
According to Welltower's latest reported financial statements, the company's current gross profit (TTM) is $4.18B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

WELL
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$4.18B
YoY change
+38.2%
5Y CAGR
+16.0%
Peak year (2025)
$4.18B
Cumulative gross profit
$36.87B
Gross Profit history chart for Welltower (WELL) from 1985 to 2025
Gross Profit history table for Welltower (WELL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $4.18B | +38.2% | ||
| 2024 | $3.02B | +19.5% | ||
| 2023 | $2.53B | +14.1% | ||
| 2022 | $2.22B | +14.6% | ||
| 2021 | $1.93B | -2.7% | ||
| 2020 | $1.99B | -17.5% | ||
| 2019 | $2.41B | +7.7% | ||
| 2018 | $2.24B | +1.0% | ||
| 2017 | $2.22B | -6.7% | ||
| 2016 | $2.37B | +7.0% | ||
| 2015 | $2.22B | +14.8% | ||
| 2014 | $1.93B | +15.7% | ||
| 2013 | $1.67B | +35.6% | ||
| 2012 | $1.23B | +32.9% | ||
| 2011 | $926.82M | +87.8% | ||
| 2010 | $493.54M | +2.7% | ||
| 2009 | $480.79M | -0.6% | ||
| 2008 | $483.77M | +22.1% | ||
| 2007 | $396.08M | +37.9% | ||
| 2006 | $287.20M | +1.9% | ||
| 2005 | $281.85M | +24.7% | ||
| 2004 | $226.09M | +32.9% | ||
| 2003 | $170.14M | +30.4% | ||
| 2002 | $130.45M | +21.0% | ||
| 2001 | $107.78M | -8.0% | ||
| 2000 | $117.10M | -9.5% | ||
| 1999 | $129.40M | +32.0% | ||
| 1998 | $98.00M | +33.7% | ||
| 1997 | $73.30M | +34.7% | ||
| 1996 | $54.40M | +756.5% | ||
| 1995 | $6.35M | +15.9% | ||
| 1994 | $5.48M | -84.8% | ||
| 1993 | $36.00M | +24.6% | ||
| 1992 | $28.90M | -1.0% | ||
| 1991 | $29.20M | +8.6% | ||
| 1990 | $26.90M | +1.1% | ||
| 1989 | $26.60M | +3.1% | ||
| 1988 | $25.80M | 0.0% | ||
| 1987 | $25.80M | +33.0% | ||
| 1986 | $19.40M | +9.0% | ||
| 1985 | $17.80M | — |
Gross Profit 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
2025's annual gross profit for Welltower (WELL) came in at $4.18B – surged 38.2% year-over-year.
Welltower gross profit has grown for 4 consecutive years, with a +16.0% compound annual growth rate over 2020–2025 (5 years).
$4.18B stands as the all-time-high annual gross profit, posted in 2025, against a low of $5.48M during 1994.
Within Real Estate, Welltower (WELL) ranks 7th among 8 peers we track. The peer median for gross profit is $5.20B.
Welltower Gross Profit by Year
Welltower Gross Profit 2025: $4.18B
Welltower gross profit in 2025 was $4.18B, surged 38.2% from 2024. This figure represents the highest annual value in the available history.
Welltower Gross Profit 2024: $3.02B
Welltower gross profit in 2024 was $3.02B, grew 19.5% from 2023.
Welltower Gross Profit 2023: $2.53B
Welltower gross profit in 2023 was $2.53B, grew 14.1% from 2022.
Welltower Gross Profit 2022: $2.22B
Welltower gross profit in 2022 was $2.22B, grew 14.6% from 2021.
Welltower Gross Profit 2021: $1.93B
Welltower gross profit in 2021 was $1.93B.
See more financial history for Welltower (WELL).
Sector peers — Gross Profit
Companies in the same sector as Welltower, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| CBRE Group, Inc. (CBRE) | $6.07B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Realty Income Corporation (O) | $5.16B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is Welltower's gross profit?
- Latest reported gross profit for Welltower (WELL) is $4.18B (period ending December 31, 2025).
How has Welltower gross profit changed year-over-year?
- Welltower (WELL) gross profit changed +38.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Welltower gross profit?
- Welltower (WELL) gross profit compound annual growth rate is +16.0% over the most recent 5 years available.
When did Welltower gross profit hit its highest annual value?
- Welltower gross profit reached its highest annual value of $4.18B in 2025.
What was Welltower gross profit in 2024?
- Welltower (WELL) gross profit in 2024 was $3.02B.
What was Welltower gross profit in 2025?
- Welltower (WELL) gross profit in 2025 was $4.18B.
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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