WELLTOWER INC (WELL) Stock Fundamental Analysis
NYSE:WELL • US95040Q1040
209.54 USD
+1.35 (+0.65%)
At close: Feb 23, 2026
209.54 USD
0 (0%)
After Hours: 2/23/2026, 5:17:09 PM
Overall WELL gets a fundamental rating of 5 out of 10. We evaluated WELL against 122 industry peers in the Diversified REITs industry. While WELL has a great health rating, there are worries on its profitability. WELL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year WELL was profitable.
- WELL had a positive operating cash flow in the past year.
- In the past 5 years WELL has always been profitable.
- Each year in the past 5 years WELL had a positive operating cash flow.
1.2 Ratios
- WELL has a Return On Assets (1.39%) which is comparable to the rest of the industry.
- WELL's Return On Equity of 2.22% is in line compared to the rest of the industry. WELL outperforms 50.00% of its industry peers.
- With a Return On Invested Capital value of 0.40%, WELL is not doing good in the industry: 85.25% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for WELL is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 2.22% | ||
| ROIC | 0.4% |
ROA(3y)1.34%
ROA(5y)1.07%
ROE(3y)2.18%
ROE(5y)1.83%
ROIC(3y)1.39%
ROIC(5y)1.51%
1.3 Margins
- WELL has a Profit Margin (8.64%) which is comparable to the rest of the industry.
- WELL's Profit Margin has declined in the last couple of years.
- WELL has a worse Operating Margin (3.00%) than 85.25% of its industry peers.
- WELL's Operating Margin has declined in the last couple of years.
- WELL's Gross Margin of 41.17% is on the low side compared to the rest of the industry. WELL is outperformed by 83.61% of its industry peers.
- In the last couple of years the Gross Margin of WELL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3% | ||
| PM (TTM) | 8.64% | ||
| GM | 41.17% |
OM growth 3Y-37.77%
OM growth 5Y-27.23%
PM growth 3Y53.08%
PM growth 5Y-16.47%
GM growth 3Y1.16%
GM growth 5Y-1.45%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WELL is destroying value.
- WELL has more shares outstanding than it did 1 year ago.
- WELL has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for WELL has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.46 indicates that WELL is not in any danger for bankruptcy at the moment.
- WELL has a better Altman-Z score (3.46) than 98.36% of its industry peers.
- The Debt to FCF ratio of WELL is 6.85, which is on the high side as it means it would take WELL, 6.85 years of fcf income to pay off all of its debts.
- WELL's Debt to FCF ratio of 6.85 is amongst the best of the industry. WELL outperforms 95.90% of its industry peers.
- A Debt/Equity ratio of 0.47 indicates that WELL is not too dependend on debt financing.
- WELL has a better Debt to Equity ratio (0.47) than 90.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 6.85 | ||
| Altman-Z | 3.46 |
ROIC/WACC0.05
WACC8.05%
2.3 Liquidity
- A Current Ratio of 2.01 indicates that WELL has no problem at all paying its short term obligations.
- The Current ratio of WELL (2.01) is better than 86.07% of its industry peers.
- A Quick Ratio of 2.01 indicates that WELL has no problem at all paying its short term obligations.
- The Quick ratio of WELL (2.01) is better than 86.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
- WELL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.26%.
- WELL shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.69% yearly.
- WELL shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.63%.
- WELL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.67% yearly.
EPS 1Y (TTM)-10.26%
EPS 3Y63.55%
EPS 5Y-9.69%
EPS Q2Q%-26.32%
Revenue 1Y (TTM)35.63%
Revenue growth 3Y22.74%
Revenue growth 5Y18.67%
Sales Q2Q%41.33%
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 27.69% on average per year.
- The Revenue is expected to grow by 16.02% on average over the next years. This is quite good.
EPS Next Y105.56%
EPS Next 2Y45.39%
EPS Next 3Y38.16%
EPS Next 5Y27.69%
Revenue Next Year19.72%
Revenue Next 2Y15.47%
Revenue Next 3Y16.02%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- WELL is valuated quite expensively with a Price/Earnings ratio of 149.67.
- 63.93% of the companies in the same industry are cheaper than WELL, based on the Price/Earnings ratio.
- WELL's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.99.
- Based on the Price/Forward Earnings ratio of 72.81, the valuation of WELL can be described as expensive.
- WELL's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 28.02. WELL is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 149.67 | ||
| Fwd PE | 72.81 |
4.2 Price Multiples
- 94.26% of the companies in the same industry are cheaper than WELL, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of WELL indicates a somewhat cheap valuation: WELL is cheaper than 68.85% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.91 | ||
| EV/EBITDA | 63.9 |
4.3 Compensation for Growth
- WELL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- WELL's earnings are expected to grow with 38.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.42
PEG (5Y)N/A
EPS Next 2Y45.39%
EPS Next 3Y38.16%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.61%, WELL has a reasonable but not impressive dividend return.
- With a Dividend Yield of 1.61, WELL pays less dividend than the industry average, which is at 6.84. 89.34% 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 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
5.2 History
- The dividend of WELL has a limited annual growth rate of 0.84%.
- WELL has been paying a dividend for at least 10 years, so it has a reliable track record.
- WELL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.84%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
- WELL pays out 200.46% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of WELL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP200.46%
EPS Next 2Y45.39%
EPS Next 3Y38.16%
209.54
+1.35 (+0.65%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-10 2026-02-10/amc
Earnings (Next)04-27 2026-04-27
Inst Owners98.26%
Inst Owner Change3.01%
Ins Owners0.03%
Ins Owner Change-0.09%
Market Cap143.81B
Revenue(TTM)10.84B
Net Income(TTM)936.85M
Analysts81.54
Price Target220.75 (5.35%)
Short Float %1.92%
Short Ratio3.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
Yearly Dividend2.82
Dividend Growth(5Y)0.84%
DP200.46%
Div Incr Years1
Div Non Decr Years3
Ex-Date02-25 2026-02-25 (0.74)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-49.7%
Min EPS beat(2)-76.34%
Max EPS beat(2)-23.07%
EPS beat(4)0
Avg EPS beat(4)-25.96%
Min EPS beat(4)-76.34%
Max EPS beat(4)-1.25%
EPS beat(8)2
Avg EPS beat(8)-7.65%
EPS beat(12)4
Avg EPS beat(12)-10.09%
EPS beat(16)5
Avg EPS beat(16)-21.98%
Revenue beat(2)2
Avg Revenue beat(2)5.88%
Min Revenue beat(2)1.81%
Max Revenue beat(2)9.96%
Revenue beat(4)4
Avg Revenue beat(4)3.91%
Min Revenue beat(4)1.3%
Max Revenue beat(4)9.96%
Revenue beat(8)7
Avg Revenue beat(8)3.05%
Revenue beat(12)9
Avg Revenue beat(12)2.06%
Revenue beat(16)11
Avg Revenue beat(16)1.58%
PT rev (1m)0.49%
PT rev (3m)14.16%
EPS NQ rev (1m)20.33%
EPS NQ rev (3m)35.37%
EPS NY rev (1m)12.15%
EPS NY rev (3m)15.11%
Revenue NQ rev (1m)2.09%
Revenue NQ rev (3m)2.96%
Revenue NY rev (1m)0.96%
Revenue NY rev (3m)6.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 149.67 | ||
| Fwd PE | 72.81 | ||
| P/S | 13.27 | ||
| P/FCF | 49.91 | ||
| P/OCF | 49.91 | ||
| P/B | 3.41 | ||
| P/tB | 3.44 | ||
| EV/EBITDA | 63.9 |
EPS(TTM)1.4
EY0.67%
EPS(NY)2.88
Fwd EY1.37%
FCF(TTM)4.2
FCFY2%
OCF(TTM)4.2
OCFY2%
SpS15.79
BVpS61.38
TBVpS60.88
PEG (NY)1.42
PEG (5Y)N/A
Graham Number43.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 2.22% | ||
| ROCE | 0.51% | ||
| ROIC | 0.4% | ||
| ROICexc | 0.44% | ||
| ROICexgc | 0.44% | ||
| OM | 3% | ||
| PM (TTM) | 8.64% | ||
| GM | 41.17% | ||
| FCFM | 26.59% |
ROA(3y)1.34%
ROA(5y)1.07%
ROE(3y)2.18%
ROE(5y)1.83%
ROIC(3y)1.39%
ROIC(5y)1.51%
ROICexc(3y)1.48%
ROICexc(5y)1.58%
ROICexgc(3y)1.49%
ROICexgc(5y)1.58%
ROCE(3y)1.76%
ROCE(5y)1.91%
ROICexgc growth 3Y-35.4%
ROICexgc growth 5Y-24.67%
ROICexc growth 3Y-35.48%
ROICexc growth 5Y-24.72%
OM growth 3Y-37.77%
OM growth 5Y-27.23%
PM growth 3Y53.08%
PM growth 5Y-16.47%
GM growth 3Y1.16%
GM growth 5Y-1.45%
F-Score7
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 6.85 | ||
| Debt/EBITDA | 8 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.56 | ||
| Cash Conversion | 116.85% | ||
| Profit Quality | 307.59% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 2.01 | ||
| Altman-Z | 3.46 |
F-Score7
WACC8.05%
ROIC/WACC0.05
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)338.57%
Profit Quality(5y)467.2%
High Growth Momentum
Growth
EPS 1Y (TTM)-10.26%
EPS 3Y63.55%
EPS 5Y-9.69%
EPS Q2Q%-26.32%
EPS Next Y105.56%
EPS Next 2Y45.39%
EPS Next 3Y38.16%
EPS Next 5Y27.69%
Revenue 1Y (TTM)35.63%
Revenue growth 3Y22.74%
Revenue growth 5Y18.67%
Sales Q2Q%41.33%
Revenue Next Year19.72%
Revenue Next 2Y15.47%
Revenue Next 3Y16.02%
Revenue Next 5YN/A
EBIT growth 1Y-72.13%
EBIT growth 3Y-23.62%
EBIT growth 5Y-13.65%
EBIT Next Year221.22%
EBIT Next 3Y56.32%
EBIT Next 5Y34.17%
FCF growth 1Y27.71%
FCF growth 3Y29.44%
FCF growth 5Y16.12%
OCF growth 1Y27.71%
OCF growth 3Y29.44%
OCF growth 5Y16.12%
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 3 / 10.
Can you provide the PE and PB ratios for WELL stock?
The Price/Earnings (PE) ratio for WELLTOWER INC (WELL) is 149.67 and the Price/Book (PB) ratio is 3.41.
Can you provide the dividend sustainability for WELL stock?
The dividend rating of WELLTOWER INC (WELL) is 4 / 10 and the dividend payout ratio is 200.46%.