Companies: 10,795·Total market cap: $144.5T
Welltower Inc.

Welltower Inc.

WELLNYSEReal Estate● Active
$201.23
$-5.70(-2.75%)
Market Cap$142.1B
P/E Ratio—
52W High$221.68
52W Low$148.6
Net IncomeFinancialsRevenue

Welltower Inc. (WELL) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

WELL · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $936.8M for FY2025 (fiscal year ending 2025-12-31), down 1.6% year-over-year. Net profit margin was 8.8%. Based on available data, Welltower Inc. has been profitable since at least 2011.

FY2025 Net Income$936.8M▼ -1.6% YoY
Trailing 12M (TTM)$1.41Btrailing 4 quarters sum
Net Profit Margin8.8%$936.8M ÷ $10.67B
YoY Change-1.6%—
5-Year CAGR-0.9%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · WELL net income history · WELL profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$936.8M▼ 1.6%8.8%
FY2024$951.7M▲ +179.8%12.1%
FY2023$340.1M▲ +140.8%5.3%
FY2022$141.2M▼ 58.0%2.4%
FY2021$336.1M▼ 65.7%7.1%

Net income vs peers (Real Estate)

#CompanyNet IncomeYoY
#1
Welltower Inc.
Welltower Inc.YOU
WELL
$936.8M-1.6%
#2
Simon Property Group, Inc.
Simon Property Group, Inc.
SPG
$4.61B+94.7%#3
Prologis, Inc.
Prologis, Inc.
PLD
$3.41B-8.6%#4
American Tower Corporation
American Tower Corporation
AMT
$2.53B+12.2%#5
Equinix, Inc.
Equinix, Inc.
EQIX
$1.35B+65.6%#6
Digital Realty Trust, Inc.
Digital Realty Trust, Inc.
DLR
$1.31B+117.2%
Real Estate · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Welltower Inc. (WELL) reported net income of $936.8M for FY2025 (fiscal year ending 2025-12-31), down 1.6% year-over-year. The net profit margin was 8.8% — meaning the company kept $0.09 of every dollar of revenue as profit.

Based on available data, Welltower Inc. has been profitable since at least 2011. Net income reached a peak of $1.23B in FY2019. Data available for 15 fiscal years.

Welltower Inc.'s net profit margin was 8.8% for FY2025, based on the latest annual results.

Investors sometimes search for "Welltower Inc. net worth" — the company's market capitalization is a separate figure from WELL net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

WELL net income · 5 questions

Welltower Inc. is profitable. The company reported net income of $936.8M for FY2025, a net profit margin of 8.8%. Net income was down 1.6% year-over-year. Based on available data, Welltower Inc. has been profitable since at least 2011.

is WELL profitabledoes WELL make a profitWELL profitabilityWELL profitable company

▸ Source: FMP /income-statement · GAAP · Welltower Inc. · Welltower Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026