Welltower Financial Ratios
NYSE: WELLReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Welltower ratio analysis
Welltower earned a net margin of 8.9% in FY 2025, down from 12.2% a year earlier. Gross margin was 40.1% compared with a median of 42.5% over the prior 8 years. Return on equity reached 2.3%, meaning Welltower generated 0.02 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.46 versus 0.49 the year before. At the end of FY 2025, WELL traded at 134.5 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 23.8 to 218.5, with a median of 65.4. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Welltower financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 134.49 | 80.14 | 136.62 | 218.50 | 109.96 | 27.73 | 26.74 | 33.80 | 50.61 | 23.82 |
| Price / sales | 11.48 | 9.49 | 7.00 | 5.17 | 7.69 | 5.83 | 6.40 | 5.43 | 5.43 | 5.60 |
| Price / book | 2.95 | 2.37 | 1.83 | 1.49 | 2.07 | 1.68 | 2.11 | 1.74 | 1.62 | 1.62 |
| Gross margin | 40.1% | 39.6% | 40.5% | 39.3% | 41.5% | 43.6% | 47.5% | 48.2% | 51.7% | — |
| Net margin | 8.9% | 12.2% | 5.4% | 2.7% | 7.9% | 22.6% | 26.0% | 17.7% | 12.5% | 25.3% |
| Free cash flow margin | 16.9% | 17.5% | 16.3% | 14.5% | 20.9% | 24.3% | 23.6% | 28.0% | 27.4% | 33.2% |
| Return on equity (ROE) | 2.3% | 3.0% | 1.4% | 0.8% | 2.1% | 6.5% | 8.6% | 5.7% | 3.7% | 7.3% |
| Return on assets (ROA) | 1.4% | 1.9% | 0.8% | 0.4% | 1.1% | 3.2% | 4.0% | 2.7% | 1.9% | 3.7% |
| Debt / equity | 0.46 | 0.49 | 0.62 | 0.73 | 0.79 | 0.15 | 0.86 | 0.83 | 0.77 | 0.79 |
| Revenue growth | 35.6% | 20.4% | 13.3% | 23.6% | 3.0% | -10.1% | 9.0% | 8.9% | 0.8% | 10.9% |
| EPS growth | -11.5% | 137.9% | 120.0% | -61.5% | -66.5% | -23.6% | 51.0% | 60.3% | -55.2% | 20.1% |