Shares Outstanding for Welltower (WELL)
According to Welltower's latest reported financial statements, the company's latest reported diluted shares outstanding is 710.17M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
WELL
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Latest period
710.17M
YoY change
+11.6%
5Y CAGR
+10.2%
Peak year (2025)
679.52M
Latest annual
679.52M
Shares Outstanding history chart for Welltower (WELL) from 1985 to 2025
Shares Outstanding history table for Welltower (WELL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 679.52M | +11.6% | ||
| 2024 | 608.75M | +17.4% | ||
| 2023 | 518.70M | +11.5% | ||
| 2022 | 465.16M | +9.0% | ||
| 2021 | 426.84M | +2.3% | ||
| 2020 | 417.39M | +3.4% | ||
| 2019 | 403.81M | +7.6% | ||
| 2018 | 375.25M | +1.7% | ||
| 2017 | 369.00M | +2.4% | ||
| 2016 | 360.23M | +3.1% | ||
| 2015 | 349.42M | +13.5% | ||
| 2014 | 307.75M | +10.4% | ||
| 2013 | 278.76M | +23.4% | ||
| 2012 | 225.95M | +29.6% | ||
| 2011 | 174.40M | +36.0% | ||
| 2010 | 128.21M | +11.9% | ||
| 2009 | 114.61M | +21.5% | ||
| 2008 | 94.31M | +18.8% | ||
| 2007 | 79.41M | +28.0% | ||
| 2006 | 62.05M | +13.8% | ||
| 2005 | 54.50M | +4.6% | ||
| 2004 | 52.08M | +17.8% | ||
| 2003 | 44.20M | +18.5% | ||
| 2002 | 37.30M | +20.2% | ||
| 2001 | 31.03M | +8.3% | ||
| 2000 | 28.64M | +0.8% | ||
| 1999 | 28.42M | +9.6% | ||
| 1998 | 25.94M | +18.3% | ||
| 1997 | 21.93M | +55.6% | ||
| 1996 | 14.09M | +20.4% | ||
| 1995 | 11.71M | +1.7% | ||
| 1994 | 11.52M | +23.2% | ||
| 1993 | 9.35M | +8.2% | ||
| 1992 | 8.64M | +26.6% | ||
| 1991 | 6.82M | +11.5% | ||
| 1990 | 6.12M | +1.4% | ||
| 1989 | 6.03M | +2.6% | ||
| 1988 | 5.88M | +2.9% | ||
| 1987 | 5.71M | +21.9% | ||
| 1986 | 4.69M | +11.4% | ||
| 1985 | 4.21M | — |
Shares Outstanding 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) diluted shares outstanding totalled 679.52M – grew 11.6% year-over-year.
Welltower diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is +10.2%, sustaining 40 straight years of year-over-year growth.
The highest annual diluted shares outstanding of 679.52M was reported in 2025. The lowest in the available history was 4.21M in 1985.
Welltower (WELL) sits 3rd of 8 Real Estate peers we track on this metric, against a peer median of 338.79M.
Welltower Shares Outstanding by Year
Welltower Shares Outstanding 2025: 679.52M
Welltower diluted shares outstanding in 2025 was 679.52M, grew 11.6% from 2024. This figure represents the highest annual value in the available history.
Welltower Shares Outstanding 2024: 608.75M
Welltower diluted shares outstanding in 2024 was 608.75M, grew 17.4% from 2023.
Welltower Shares Outstanding 2023: 518.70M
Welltower diluted shares outstanding in 2023 was 518.70M, grew 11.5% from 2022.
Welltower Shares Outstanding 2022: 465.16M
Welltower diluted shares outstanding in 2022 was 465.16M, grew 9.0% from 2021.
Welltower Shares Outstanding 2021: 426.84M
Welltower diluted shares outstanding in 2021 was 426.84M.
See more financial history for Welltower (WELL).
Sector peers — Shares Outstanding
Companies in the same sector as Welltower, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | 958.02M | Real Estate |
| Realty Income Corporation (O) | 904.79M | Real Estate |
| American Tower Corporation (AMT) | 469.14M | Real Estate |
| Digital Realty Trust, Inc. (DLR) | 351.57M | Real Estate |
| Simon Property Group, Inc. (SPG) | 326.02M | Real Estate |
| CBRE Group, Inc. (CBRE) | 300.75M | Real Estate |
| Public Storage (PSA) | 175.90M | Real Estate |
| Equinix, Inc. (EQIX) | 98.12M | Real Estate |
Frequently asked questions
What is Welltower's diluted shares outstanding?
- Latest reported diluted shares outstanding for Welltower (WELL) is 710.17M (period ending December 31, 2025).
How has Welltower diluted shares outstanding changed year-over-year?
- Welltower (WELL) diluted shares outstanding changed +11.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Welltower diluted shares outstanding?
- Welltower (WELL) diluted shares outstanding compound annual growth rate is +10.2% over the most recent 5 years available.
When did Welltower diluted shares outstanding hit its highest annual value?
- Welltower diluted shares outstanding reached its highest annual value of 679.52M in 2025.
What was Welltower diluted shares outstanding in 2024?
- Welltower (WELL) diluted shares outstanding in 2024 was 608.75M.
What was Welltower diluted shares outstanding in 2025?
- Welltower (WELL) diluted shares outstanding in 2025 was 679.52M.
Metrics overview
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