WELLTOWER INC (WELL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WELL - US95040Q1040 - REIT
184.26 USD
-1.74 (-0.94%)
We assign a fundamental rating of 5 out of 10 to WELL. WELL was compared to 125 industry peers in the Diversified REITs industry. WELL has an excellent financial health rating, but there are some minor concerns on its profitability. WELL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- WELL had positive earnings in the past year.
- In the past year WELL had a positive cash flow from operations.
- In the past 5 years WELL has always been profitable.
- In the past 5 years WELL always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.61%, WELL is in line with its industry, outperforming 57.60% of the companies in the same industry.
- WELL has a Return On Equity of 2.48%. This is comparable to the rest of the industry: WELL outperforms 53.60% of its industry peers.
- The Return On Invested Capital of WELL (2.28%) is comparable to the rest of the industry.
- WELL had an Average Return On Invested Capital over the past 3 years of 1.79%. This is in line with the industry average of 3.07%.
- The last Return On Invested Capital (2.28%) for WELL is above the 3 year average (1.79%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
- WELL has a Profit Margin (9.69%) which is in line with 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 63.20% of its industry peers.
- WELL's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 40.85%, WELL is doing worse than 83.20% of the companies in the same industry.
- WELL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WELL is destroying value.
- WELL has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for WELL has been increased compared to 5 years ago.
- WELL has a better debt/assets ratio than last year.
2.2 Solvency
- WELL has an Altman-Z score of 3.86. This indicates that WELL is financially healthy and has little risk of bankruptcy at the moment.
- WELL has a Altman-Z score of 3.86. This is amongst the best in the industry. WELL outperforms 99.20% of its industry peers.
- 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 96.80% of its industry peers.
- WELL has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- WELL's Debt to Equity ratio of 0.44 is amongst the best of the industry. WELL outperforms 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 6.09 | ||
| Altman-Z | 3.86 |
ROIC/WACC0.28
WACC8.29%
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.
- The Current ratio of WELL (2.77) is better than 90.40% of its industry peers.
- A Quick Ratio of 2.77 indicates that WELL has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 2.77, WELL belongs to the top of the industry, outperforming 90.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.77 | ||
| Quick Ratio | 2.77 |
3. Growth
3.1 Past
- The earnings per share for WELL have decreased by -4.61% in the last year.
- Measured over the past years, WELL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.72% on average per year.
- The Revenue has grown by 32.28% in the past year. This is a very strong growth!
- WELL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.31% yearly.
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
- The Earnings Per Share is expected to grow by 22.85% on average over the next years. This is a very strong growth
- Based on estimates for the next years, WELL will show a quite strong growth in Revenue. The Revenue will grow by 18.91% on average per year.
EPS Next Y16.25%
EPS Next 2Y26.05%
EPS Next 3Y23.49%
EPS Next 5Y22.85%
Revenue Next Year35.01%
Revenue Next 2Y25.33%
Revenue Next 3Y20.73%
Revenue Next 5Y18.91%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- WELL is valuated quite expensively with a Price/Earnings ratio of 127.08.
- WELL's Price/Earnings ratio is a bit more expensive when compared to the industry. WELL is more expensive than 61.60% of the companies in the same industry.
- When comparing the Price/Earnings ratio of WELL to the average of the S&P500 Index (27.32), we can say WELL is valued expensively.
- A Price/Forward Earnings ratio of 74.34 indicates a quite expensive valuation of WELL.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of WELL is on the same level as its industry peers.
- WELL's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 127.08 | ||
| Fwd PE | 74.34 |
4.2 Price Multiples
- 94.40% of the companies in the same industry are cheaper than WELL, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, WELL is valued a bit cheaper than 68.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.38 | ||
| EV/EBITDA | 37.82 |
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.
- WELL's earnings are expected to grow with 23.49% in the coming years. This may justify a more expensive valuation.
PEG (NY)7.82
PEG (5Y)N/A
EPS Next 2Y26.05%
EPS Next 3Y23.49%
5. Dividend
5.1 Amount
- WELL has a Yearly Dividend Yield of 1.57%.
- With a Dividend Yield of 1.57, WELL pays less dividend than the industry average, which is at 6.59. 88.80% 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 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
5.2 History
- The dividend of WELL decreases each year by -6.10%.
- 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)-6.1%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
- WELL pays out 186.03% of its income as dividend. This is not a sustainable payout ratio.
DP186.03%
EPS Next 2Y26.05%
EPS Next 3Y23.49%
NYSE:WELL (1/22/2026, 2:04:56 PM)
184.26
-1.74 (-0.94%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-27 2025-10-27/amc
Earnings (Next)02-09 2026-02-09/amc
Inst Owners98.26%
Inst Owner Change0.18%
Ins Owners0.03%
Ins Owner Change-0.02%
Market Cap126.46B
Revenue(TTM)9.91B
Net Income(TTM)960.38M
Analysts82.22
Price Target219.68 (19.22%)
Short Float %1.91%
Short Ratio3.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
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)2.39%
PT rev (3m)15.1%
EPS NQ rev (1m)1.32%
EPS NQ rev (3m)2.09%
EPS NY rev (1m)-2.15%
EPS NY rev (3m)-4.86%
Revenue NQ rev (1m)1.34%
Revenue NQ rev (3m)4.81%
Revenue NY rev (1m)1.77%
Revenue NY rev (3m)3.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 127.08 | ||
| Fwd PE | 74.34 | ||
| P/S | 12.76 | ||
| P/FCF | 45.38 | ||
| P/OCF | 45.38 | ||
| P/B | 3.26 | ||
| P/tB | 3.28 | ||
| EV/EBITDA | 37.82 |
EPS(TTM)1.45
EY0.79%
EPS(NY)2.48
Fwd EY1.35%
FCF(TTM)4.06
FCFY2.2%
OCF(TTM)4.06
OCFY2.2%
SpS14.44
BVpS56.47
TBVpS56.17
PEG (NY)7.82
PEG (5Y)N/A
Graham Number42.92
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 3.86 |
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 2Y26.05%
EPS Next 3Y23.49%
EPS Next 5Y22.85%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y19%
Revenue growth 5Y9.31%
Sales Q2Q%30.65%
Revenue Next Year35.01%
Revenue Next 2Y25.33%
Revenue Next 3Y20.73%
Revenue Next 5Y18.91%
EBIT growth 1Y42.97%
EBIT growth 3Y15.62%
EBIT growth 5Y-0.68%
EBIT Next Year214.71%
EBIT Next 3Y63.92%
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 127.08 and the Price/Book (PB) ratio is 3.26.
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%.