WELLTOWER INC (WELL) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:WELL • US95040Q1040

191.06 USD
+5.58 (+3.01%)
At close: Feb 5, 2026
191.62 USD
+0.56 (+0.29%)
After Hours: 2/5/2026, 5:05:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to WELL. WELL was compared to 124 industry peers in the Diversified REITs industry. WELL is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. While showing a medium growth rate, WELL is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year WELL was profitable.
  • WELL had a positive operating cash flow in the past year.
  • Each year in the past 5 years WELL has been profitable.
  • WELL had a positive operating cash flow in each of the past 5 years.
WELL Yearly Net Income VS EBIT VS OCF VS FCFWELL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

1.2 Ratios

  • The Return On Assets of WELL (1.61%) is comparable to the rest of the industry.
  • WELL has a Return On Equity (2.48%) which is in line with its industry peers.
  • WELL has a Return On Invested Capital (2.28%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for WELL is in line with the industry average of 3.05%.
  • The 3 year average ROIC (1.79%) for WELL is below the current ROIC(2.28%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.61%
ROE 2.48%
ROIC 2.28%
ROA(3y)1%
ROA(5y)1.4%
ROE(3y)1.67%
ROE(5y)2.61%
ROIC(3y)1.79%
ROIC(5y)1.78%
WELL Yearly ROA, ROE, ROICWELL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6

1.3 Margins

  • WELL has a Profit Margin of 9.69%. This is comparable to the rest of the industry: WELL outperforms 56.45% of its industry peers.
  • In the last couple of years the Profit Margin of WELL has declined.
  • WELL has a Operating Margin of 16.41%. This is in the lower half of the industry: WELL underperforms 62.90% of its industry peers.
  • WELL's Operating Margin has declined in the last couple of years.
  • The Gross Margin of WELL (40.85%) is worse than 83.06% of its industry peers.
  • In the last couple of years the Gross Margin of WELL has declined.
Industry RankSector Rank
OM 16.41%
PM (TTM) 9.69%
GM 40.85%
OM growth 3Y-2.84%
OM growth 5Y-9.14%
PM growth 3Y18.88%
PM growth 5Y-13.12%
GM growth 3Y-1.59%
GM growth 5Y-3.55%
WELL Yearly Profit, Operating, Gross MarginsWELL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • WELL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, WELL has more shares outstanding
  • WELL has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, WELL has an improved debt to assets ratio.
WELL Yearly Shares OutstandingWELL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
WELL Yearly Total Debt VS Total AssetsWELL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

  • WELL has an Altman-Z score of 3.85. This indicates that WELL is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.85, WELL belongs to the top of the industry, outperforming 99.19% of the companies in the same industry.
  • The Debt to FCF ratio of WELL is 6.09, which is on the high side as it means it would take WELL, 6.09 years of fcf income to pay off all of its debts.
  • WELL's Debt to FCF ratio of 6.09 is amongst the best of the industry. WELL outperforms 96.77% of its industry peers.
  • A Debt/Equity ratio of 0.44 indicates that WELL is not too dependend on debt financing.
  • With an excellent Debt to Equity ratio value of 0.44, WELL belongs to the best of the industry, outperforming 91.94% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 6.09
Altman-Z 3.85
ROIC/WACC0.28
WACC8.29%
WELL Yearly LT Debt VS Equity VS FCFWELL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.3 Liquidity

  • WELL has a Current Ratio of 2.77. This indicates that WELL is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.77, WELL belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
  • A Quick Ratio of 2.77 indicates that WELL has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 2.77, WELL belongs to the best of the industry, outperforming 90.32% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.77
Quick Ratio 2.77
WELL Yearly Current Assets VS Current LiabilitesWELL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • WELL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.61%.
  • The earnings per share for WELL have been decreasing by -10.72% on average. This is quite bad
  • WELL shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.28%.
  • The Revenue has been growing by 9.31% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.61%
EPS 3Y25.99%
EPS 5Y-10.72%
EPS Q2Q%-43.84%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y19%
Revenue growth 5Y9.31%
Sales Q2Q%30.65%

3.2 Future

  • Based on estimates for the next years, WELL will show a very strong growth in Earnings Per Share. The EPS will grow by 22.85% on average per year.
  • The Revenue is expected to grow by 18.37% on average over the next years. This is quite good.
EPS Next Y16.25%
EPS Next 2Y28.25%
EPS Next 3Y23.51%
EPS Next 5Y22.85%
Revenue Next Year32.97%
Revenue Next 2Y25.57%
Revenue Next 3Y20%
Revenue Next 5Y18.37%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
WELL Yearly Revenue VS EstimatesWELL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B
WELL Yearly EPS VS EstimatesWELL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 131.77 indicates a quite expensive valuation of WELL.
  • 61.29% of the companies in the same industry are cheaper than WELL, based on the Price/Earnings ratio.
  • WELL is valuated expensively when we compare the Price/Earnings ratio to 28.25, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 74.46, the valuation of WELL can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as WELL.
  • WELL is valuated expensively when we compare the Price/Forward Earnings ratio to 27.50, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 131.77
Fwd PE 74.46
WELL Price Earnings VS Forward Price EarningsWELL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • 94.35% of the companies in the same industry are cheaper than WELL, based on the Enterprise Value to EBITDA ratio.
  • WELL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WELL is cheaper than 70.16% of the companies in the same industry.
Industry RankSector Rank
P/FCF 47.06
EV/EBITDA 37.72
WELL Per share dataWELL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WELL does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as WELL's earnings are expected to grow with 23.51% in the coming years.
PEG (NY)8.11
PEG (5Y)N/A
EPS Next 2Y28.25%
EPS Next 3Y23.51%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • WELL has a Yearly Dividend Yield of 1.61%.
  • With a Dividend Yield of 1.61, WELL pays less dividend than the industry average, which is at 6.98. 88.71% of the companies listed in the same industry pay a better dividend than WELL!
  • WELL's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.61%

5.2 History

  • The dividend of WELL decreases each year by -6.10%.
  • WELL has paid a dividend for at least 10 years, which is a reliable track record.
  • WELL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.1%
Div Incr Years1
Div Non Decr Years3
WELL Yearly Dividends per shareWELL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • WELL pays out 186.03% of its income as dividend. This is not a sustainable payout ratio.
DP186.03%
EPS Next 2Y28.25%
EPS Next 3Y23.51%
WELL Yearly Income VS Free CF VS DividendWELL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
WELL Dividend Payout.WELL Dividend Payout, showing the Payout Ratio.WELL Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

WELLTOWER INC

NYSE:WELL (2/5/2026, 5:05:00 PM)

After market: 191.62 +0.56 (+0.29%)

191.06

+5.58 (+3.01%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-27
Earnings (Next)02-10
Inst Owners98.26%
Inst Owner Change-5.02%
Ins Owners0.03%
Ins Owner Change-0.03%
Market Cap131.13B
Revenue(TTM)9.91B
Net Income(TTM)960.38M
Analysts82.22
Price Target219.68 (14.98%)
Short Float %1.9%
Short Ratio3.85
Dividend
Industry RankSector Rank
Dividend Yield 1.61%
Yearly Dividend2.58
Dividend Growth(5Y)-6.1%
DP186.03%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.13%
Min EPS beat(2)-23.07%
Max EPS beat(2)-3.19%
EPS beat(4)0
Avg EPS beat(4)-20.55%
Min EPS beat(4)-54.71%
Max EPS beat(4)-1.25%
EPS beat(8)2
Avg EPS beat(8)-3.67%
EPS beat(12)4
Avg EPS beat(12)-12.91%
EPS beat(16)5
Avg EPS beat(16)-18.15%
Revenue beat(2)2
Avg Revenue beat(2)2.2%
Min Revenue beat(2)1.81%
Max Revenue beat(2)2.59%
Revenue beat(4)4
Avg Revenue beat(4)2.39%
Min Revenue beat(4)1.3%
Max Revenue beat(4)3.87%
Revenue beat(8)6
Avg Revenue beat(8)1.58%
Revenue beat(12)8
Avg Revenue beat(12)1.13%
Revenue beat(16)11
Avg Revenue beat(16)1.2%
PT rev (1m)1.18%
PT rev (3m)13.6%
EPS NQ rev (1m)6.84%
EPS NQ rev (3m)8.92%
EPS NY rev (1m)-2.15%
EPS NY rev (3m)-6.73%
Revenue NQ rev (1m)1.26%
Revenue NQ rev (3m)5.66%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)1.76%
Valuation
Industry RankSector Rank
PE 131.77
Fwd PE 74.46
P/S 13.23
P/FCF 47.06
P/OCF 47.06
P/B 3.38
P/tB 3.4
EV/EBITDA 37.72
EPS(TTM)1.45
EY0.76%
EPS(NY)2.57
Fwd EY1.34%
FCF(TTM)4.06
FCFY2.13%
OCF(TTM)4.06
OCFY2.13%
SpS14.44
BVpS56.47
TBVpS56.17
PEG (NY)8.11
PEG (5Y)N/A
Graham Number42.92
Profitability
Industry RankSector Rank
ROA 1.61%
ROE 2.48%
ROCE 2.89%
ROIC 2.28%
ROICexc 2.6%
ROICexgc 2.61%
OM 16.41%
PM (TTM) 9.69%
GM 40.85%
FCFM 28.12%
ROA(3y)1%
ROA(5y)1.4%
ROE(3y)1.67%
ROE(5y)2.61%
ROIC(3y)1.79%
ROIC(5y)1.78%
ROICexc(3y)1.88%
ROICexc(5y)1.85%
ROICexgc(3y)1.88%
ROICexgc(5y)1.85%
ROCE(3y)2.26%
ROCE(5y)2.25%
ROICexgc growth 3Y4.53%
ROICexgc growth 5Y-7.23%
ROICexc growth 3Y4.49%
ROICexc growth 5Y-7.26%
OM growth 3Y-2.84%
OM growth 5Y-9.14%
PM growth 3Y18.88%
PM growth 5Y-13.12%
GM growth 3Y-1.59%
GM growth 5Y-3.55%
F-Score6
Asset Turnover0.17
Health
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 6.09
Debt/EBITDA 4.65
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 2.82
Cash Conversion 76.47%
Profit Quality 290.15%
Current Ratio 2.77
Quick Ratio 2.77
Altman-Z 3.85
F-Score6
WACC8.29%
ROIC/WACC0.28
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)549.67%
Profit Quality(5y)433.57%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.61%
EPS 3Y25.99%
EPS 5Y-10.72%
EPS Q2Q%-43.84%
EPS Next Y16.25%
EPS Next 2Y28.25%
EPS Next 3Y23.51%
EPS Next 5Y22.85%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y19%
Revenue growth 5Y9.31%
Sales Q2Q%30.65%
Revenue Next Year32.97%
Revenue Next 2Y25.57%
Revenue Next 3Y20%
Revenue Next 5Y18.37%
EBIT growth 1Y42.97%
EBIT growth 3Y15.62%
EBIT growth 5Y-0.68%
EBIT Next Year202.11%
EBIT Next 3Y65.38%
EBIT Next 5Y38.63%
FCF growth 1Y87.68%
FCF growth 3Y20.95%
FCF growth 5Y8%
OCF growth 1Y87.68%
OCF growth 3Y20.95%
OCF growth 5Y8%

WELLTOWER INC / WELL FAQ

What is the ChartMill fundamental rating of WELLTOWER INC (WELL) stock?

ChartMill assigns a fundamental rating of 5 / 10 to WELL.


Can you provide the valuation status for WELLTOWER INC?

ChartMill assigns a valuation rating of 2 / 10 to WELLTOWER INC (WELL). This can be considered as Overvalued.


What is the profitability of WELL stock?

WELLTOWER INC (WELL) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for WELL stock?

The Price/Earnings (PE) ratio for WELLTOWER INC (WELL) is 131.77 and the Price/Book (PB) ratio is 3.38.


Can you provide the dividend sustainability for WELL stock?

The dividend rating of WELLTOWER INC (WELL) is 3 / 10 and the dividend payout ratio is 186.03%.