How Welltower (WELL) Makes Money: A Visual Guide
Welltower (WELL) generated $10.67B in revenue (TTM through Q4 2025), earning $936.85M in net profit (8.8% margin). Its largest revenue source is Management Service (100% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Welltower (WELL) Income Statement Flow
Frequently asked questions
How does Welltower (WELL) make money?
- Welltower (WELL) primarily makes money through Management Service, which accounts for 100% of total revenue. For TTM through Q4 2025, Welltower generated $10.67B in total revenue with a net profit margin of 8.8%.
What is Welltower (WELL) gross profit margin?
- Welltower (WELL) reported a gross profit margin of 39.2% for TTM through Q4 2025, equivalent to $4.18B in gross profit. This means Welltower retains 39.2% of each revenue unit after direct costs of production.
What is Welltower (WELL) operating profit margin?
- Welltower (WELL) reported an operating profit margin of 3.3% for TTM through Q4 2025, equivalent to $355.17M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Welltower (WELL) net profit margin?
- Welltower (WELL) reported a net profit margin of 8.8% for TTM through Q4 2025, equivalent to $936.85M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Welltower (WELL) spend on capital expenditures?
- Welltower (WELL) spent $33.80M on capital expenditures in TTM through Q4 2025 (0.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Welltower (WELL) free cash flow?
- Welltower (WELL) generated $2.85B in free cash flow for TTM through Q4 2025 (26.7% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.