TTM
$535.01M
YoY change
-69.0%
5Y CAGR
-13.4%
Peak year (2016)
$1.31B
Cumulative operating income
$16.55B
Operating Income history chart for Welltower (WELL) from 1985 to 2025
Latest: $355.17M
Operating Income growth chart for Welltower (WELL) from 1985 to 2025
Latest: -69.0%
Operating Income history table for Welltower (WELL) from 1985 to 2025
| 2025 | $355.17M | -69.0% | −$790.53M | ||
| 2024 | $1.15B | +21.8% | +$205.24M | ||
| 2023 | $940.45M | +26.0% | +$194.23M | ||
| 2022 | $746.22M | -2.2% | −$17.14M | ||
| 2021 | $763.36M | +4.9% | +$35.91M | ||
| 2020 | $727.45M | -41.2% | −$510.60M | ||
| 2019 | $1.24B | +6.6% | +$76.82M | ||
| 2018 | $1.16B | +4.8% | +$52.74M | ||
| 2017 | $1.11B | -15.2% | −$199.34M | ||
| 2016 | $1.31B | +5.0% | +$62.62M | ||
| 2015 | $1.25B | +31.7% | +$299.97M | ||
| 2014 | $945.24M | +36.3% | +$251.74M | ||
| 2013 | $693.50M | +15.3% | +$92.29M | ||
| 2012 | $601.22M | +30.4% | +$140.08M | ||
| 2011 | $461.13M | +88.9% | +$217.07M | ||
| 2010 | $244.06M | -8.6% | −$23.08M | ||
| 2009 | $267.14M | -8.6% | −$24.98M | ||
| 2008 | $292.12M | +24.6% | +$57.74M | ||
| 2007 | $234.38M | +31.3% | +$55.93M | ||
| 2006 | $178.45M | -1.2% | −$2.23M | ||
| 2005 | $180.69M | +37.3% | +$49.12M | ||
| 2004 | $131.57M | +18.2% | +$20.21M | ||
| 2003 | $111.35M | +27.4% | +$23.95M | ||
| 2002 | $87.40M | +15.5% | +$11.72M | ||
| 2001 | $75.68M | -45.7% | −$63.77M | ||
| 2000 | $139.45M | -5.9% | −$8.75M | ||
| 1999 | $148.20M | +36.0% | +$39.20M | ||
| 1998 | $109.00M | +37.5% | +$29.70M | ||
| 1997 | $79.30M | +75.0% | +$33.99M | ||
| 1996 | $45.31M | -221.3% | +$82.67M | ||
| 1995 | −$37.36M | +1328.9% | −$34.75M | ||
| 1994 | −$2.61M | -106.3% | −$43.81M | ||
| 1993 | $41.20M | +26.8% | +$8.70M | ||
| 1992 | $32.50M | -5.2% | −$1.80M | ||
| 1991 | $34.30M | +17.9% | +$5.20M | ||
| 1990 | $29.10M | -1.7% | −$500.00K | ||
| 1989 | $29.60M | -0.7% | −$200.00K | ||
| 1988 | $29.80M | +2.1% | +$600.00K | ||
| 1987 | $29.20M | +32.7% | +$7.20M | ||
| 1986 | $22.00M | +10.0% | +$2.00M | ||
| 1985 | $20.00M | — | — |
- 2025$355.17M-69.0%
- 2024$1.15B+21.8%
- 2023$940.45M+26.0%
- 2022$746.22M-2.2%
- 2021$763.36M+4.9%
- 2020$727.45M-41.2%
- 2019$1.24B+6.6%
- 2018$1.16B+4.8%
- 2017$1.11B-15.2%
- 2016$1.31B+5.0%
- 2015$1.25B+31.7%
- 2014$945.24M+36.3%
- 2013$693.50M+15.3%
- 2012$601.22M+30.4%
- 2011$461.13M+88.9%
- 2010$244.06M-8.6%
- 2009$267.14M-8.6%
- 2008$292.12M+24.6%
- 2007$234.38M+31.3%
- 2006$178.45M-1.2%
- 2005$180.69M+37.3%
- 2004$131.57M+18.2%
- 2003$111.35M+27.4%
- 2002$87.40M+15.5%
- 2001$75.68M-45.7%
- 2000$139.45M-5.9%
- 1999$148.20M+36.0%
- 1998$109.00M+37.5%
- 1997$79.30M+75.0%
- 1996$45.31M-221.3%
- 1995−$37.36M+1328.9%
- 1994−$2.61M-106.3%
- 1993$41.20M+26.8%
- 1992$32.50M-5.2%
- 1991$34.30M+17.9%
- 1990$29.10M-1.7%
- 1989$29.60M-0.7%
- 1988$29.80M+2.1%
- 1987$29.20M+32.7%
- 1986$22.00M+10.0%
- 1985$20.00M—
Operating Income values are taken from Welltower's reported income 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 Operating Income at Welltower (WELL)
According to Welltower's latest reported financial statements, the company's current operating income (TTM) is $535.01M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for Welltower (WELL) came in at $355.17M – plunged 69.0% year-over-year.
Across 2020–2025 (5 years), Welltower operating income produced a CAGR of -13.4% – with a net decline across the window.
Between 2016 and 2025, Welltower operating income plunged 72.8%, falling from $1.31B to $355.17M.
The record annual operating income stands at $1.31B, reached in 2016; the historical low of −$37.36M was recorded in 1995.
Welltower Operating Income by Year
Welltower Operating Income 2025: $355.17M
In 2025, Welltower reported operating income of $355.17M, plunged 69.0% below 2024.
Welltower Operating Income 2024: $1.15B
Welltower operating income in 2024 was $1.15B, grew 21.8% from 2023.
Welltower Operating Income 2023: $940.45M
2023's operating income for Welltower came in at $940.45M, grew 26.0% from 2022.
Welltower Operating Income 2022: $746.22M
Welltower posted operating income of $746.22M in 2022, edged down 2.2% below 2021.
Welltower Operating Income 2021: $763.36M
Welltower operating income in 2021 was $763.36M.
See more financial history for Welltower (WELL).
Sector peers by Operating Income
Real Estate peers of Welltower (WELL), ranked by their latest operating income
| $4.88B | |
| $3.54B | |
| $3.18B | |
| $2.25B | |
| $1.85B | |
| $1.63B | |
| $826.81M | |
| $658.49M |
- $4.88B
- $3.54B
- $2.25B
- $1.85B
- $1.63B
- $826.81M
- $658.49M
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