Net Income for Welltower (WELL)
According to Welltower's latest reported financial statements, the company's current net income (TTM) is $936.85M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

WELL
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$936.85M
YoY change
-1.6%
5Y CAGR
-0.9%
Peak year (2019)
$1.23B
Cumulative net income
$11.03B
Net Income history chart for Welltower (WELL) from 1985 to 2025
Net Income history table for Welltower (WELL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $936.85M | -1.6% | ||
| 2024 | $951.68M | +179.8% | ||
| 2023 | $340.09M | +140.8% | ||
| 2022 | $141.21M | -58.0% | ||
| 2021 | $336.14M | -65.7% | ||
| 2020 | $978.84M | -20.6% | ||
| 2019 | $1.23B | +53.1% | ||
| 2018 | $804.95M | +54.0% | ||
| 2017 | $522.77M | -51.5% | ||
| 2016 | $1.08B | +22.0% | ||
| 2015 | $883.75M | +72.6% | ||
| 2014 | $512.15M | +253.1% | ||
| 2013 | $145.05M | -51.2% | ||
| 2012 | $297.25M | +36.6% | ||
| 2011 | $217.61M | +69.3% | ||
| 2010 | $128.53M | -33.5% | ||
| 2009 | $193.27M | -31.8% | ||
| 2008 | $283.30M | +104.8% | ||
| 2007 | $138.35M | +34.7% | ||
| 2006 | $102.75M | +21.9% | ||
| 2005 | $84.29M | -1.3% | ||
| 2004 | $85.37M | +3.2% | ||
| 2003 | $82.74M | +22.3% | ||
| 2002 | $67.66M | +11.7% | ||
| 2001 | $60.55M | -11.0% | ||
| 2000 | $68.06M | -10.0% | ||
| 1999 | $75.60M | +21.3% | ||
| 1998 | $62.30M | +34.0% | ||
| 1997 | $46.50M | +51.6% | ||
| 1996 | $30.68M | +125.0% | ||
| 1995 | $13.63M | -45.4% | ||
| 1994 | $24.95M | +24.1% | ||
| 1993 | $20.10M | +21.8% | ||
| 1992 | $16.50M | +26.0% | ||
| 1991 | $13.10M | +13.9% | ||
| 1990 | $11.50M | +6.5% | ||
| 1989 | $10.80M | +8.0% | ||
| 1988 | $10.00M | -7.4% | ||
| 1987 | $10.80M | +44.0% | ||
| 1986 | $7.50M | +8.7% | ||
| 1985 | $6.90M | — |
Net Income 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
Welltower (WELL) most recent annual net income stands at $936.85M (2025) – edged down 1.6% year-over-year.
Welltower net income compound annual growth for the 2020–2025 (5 years) window is -0.9%, with a net decline across the window.
Welltower net income declined from $1.23B in 2019 to $936.85M in 2025, a 24.0% drawdown.
The dataset's maximum net income sits at $1.23B (2019); the minimum reading of $6.90M dates to 1985.
Welltower (WELL) sits 9th of 8 Real Estate peers we track on this metric, against a peer median of $1.57B.
Welltower Net Income by Year
Welltower Net Income 2025: $936.85M
Welltower net income in 2025 was $936.85M, edged down 1.6% below 2024.
Welltower Net Income 2024: $951.68M
Welltower net income in 2024 was $951.68M, surged 179.8% from 2023.
Welltower Net Income 2023: $340.09M
Welltower net income in 2023 was $340.09M, surged 140.8% from 2022.
Welltower Net Income 2022: $141.21M
Welltower net income in 2022 was $141.21M, plunged 58.0% below 2021.
Welltower Net Income 2021: $336.14M
Welltower net income in 2021 was $336.14M.
See more financial history for Welltower (WELL).
Sector peers — Net Income
Companies in the same sector as Welltower, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $4.61B | Real Estate |
| Prologis, Inc. (PLD) | $3.41B | Real Estate |
| American Tower Corporation (AMT) | $2.53B | Real Estate |
| Public Storage (PSA) | $1.78B | Real Estate |
| Equinix, Inc. (EQIX) | $1.35B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $1.31B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.16B | Real Estate |
| Realty Income Corporation (O) | $1.06B | Real Estate |
Frequently asked questions
What is Welltower's net income?
- Latest reported net income for Welltower (WELL) is $936.85M (period ending December 31, 2025).
How has Welltower net income changed year-over-year?
- Welltower (WELL) net income changed -1.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Welltower net income?
- Welltower (WELL) net income compound annual growth rate is -0.9% over the most recent 5 years available.
When did Welltower net income hit its highest annual value?
- Welltower net income reached its highest annual value of $1.23B in 2019.
What was Welltower net income in 2024?
- Welltower (WELL) net income in 2024 was $951.68M.
What was Welltower net income in 2025?
- Welltower (WELL) net income in 2025 was $936.85M.
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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