Revenue for Welltower (WELL)
According to Welltower's latest reported financial statements, the company's current revenue (TTM) is $10.67B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

WELL
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TTM (last 4 quarters)
$10.67B
YoY change
+35.8%
5Y CAGR
+18.4%
Peak year (2025)
$10.67B
Cumulative revenue
$75.52B
Revenue history chart for Welltower (WELL) from 1985 to 2025
Revenue history table for Welltower (WELL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $10.67B | +35.8% | ||
| 2024 | $7.85B | +21.2% | ||
| 2023 | $6.48B | +12.2% | ||
| 2022 | $5.78B | +22.6% | ||
| 2021 | $4.71B | +2.7% | ||
| 2020 | $4.59B | -10.1% | ||
| 2019 | $5.10B | +9.2% | ||
| 2018 | $4.67B | +8.7% | ||
| 2017 | $4.30B | +1.1% | ||
| 2016 | $4.25B | +10.7% | ||
| 2015 | $3.84B | +15.2% | ||
| 2014 | $3.34B | +16.0% | ||
| 2013 | $2.88B | +59.8% | ||
| 2012 | $1.80B | +38.2% | ||
| 2011 | $1.30B | +127.9% | ||
| 2010 | $571.33M | +9.2% | ||
| 2009 | $523.29M | -0.6% | ||
| 2008 | $526.41M | +22.6% | ||
| 2007 | $429.49M | +49.0% | ||
| 2006 | $288.24M | +2.3% | ||
| 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 | — |
Revenue 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
In 2025, Welltower (WELL) revenue totalled $10.67B – surged 35.8% year-over-year.
Over 2020–2025 (5 years), Welltower revenue expanded at a +18.4% compound annual rate, sustaining 5 straight years of year-over-year growth.
The dataset's maximum revenue sits at $10.67B (2025); the minimum reading of $5.48M dates to 1994.
Welltower (WELL) sits 2nd of 8 Real Estate peers we track on this metric, against a peer median of $7.58B.
Welltower Revenue by Year
Welltower Revenue 2025: $10.67B
Welltower revenue in 2025 was $10.67B, surged 35.8% from 2024. This figure represents the highest annual value in the available history.
Welltower Revenue 2024: $7.85B
Welltower revenue in 2024 was $7.85B, grew 21.2% from 2023.
Welltower Revenue 2023: $6.48B
Welltower revenue in 2023 was $6.48B, grew 12.2% from 2022.
Welltower Revenue 2022: $5.78B
Welltower revenue in 2022 was $5.78B, grew 22.6% from 2021.
Welltower Revenue 2021: $4.71B
Welltower revenue in 2021 was $4.71B.
See more financial history for Welltower (WELL).
Sector peers — Revenue
Companies in the same sector as Welltower, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| CBRE Group, Inc. (CBRE) | $40.55B | Real Estate |
| American Tower Corporation (AMT) | $10.65B | Real Estate |
| Equinix, Inc. (EQIX) | $9.26B | Real Estate |
| Prologis, Inc. (PLD) | $8.79B | Real Estate |
| Simon Property Group, Inc. (SPG) | $6.36B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $6.11B | Real Estate |
| Realty Income Corporation (O) | $5.75B | Real Estate |
| Public Storage (PSA) | $4.82B | Real Estate |
Frequently asked questions
What is Welltower's revenue?
- Latest reported revenue for Welltower (WELL) is $10.67B (period ending December 31, 2025).
How has Welltower revenue changed year-over-year?
- Welltower (WELL) revenue changed +35.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Welltower revenue?
- Welltower (WELL) revenue compound annual growth rate is +18.4% over the most recent 5 years available.
When did Welltower revenue hit its highest annual value?
- Welltower revenue reached its highest annual value of $10.67B in 2025.
What was Welltower revenue in 2024?
- Welltower (WELL) revenue in 2024 was $7.85B.
What was Welltower revenue in 2025?
- Welltower (WELL) revenue in 2025 was $10.67B.
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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