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WELL

S&P 500
Neutral · 48/100

Welltower

Real Estate
Health Care REITs

$211.45

2.3%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 34.9% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$150.71B

P/E

103.64x

Forward P/E (est.)

89.59x

ROE

3.5%

Revenue Growth

37.5%

EPS Growth

15.7%

Profit Margin

12.0%

FCF Yield

1.6%

Debt / Equity

0.47x

ROIC

Interest Coverage

Current Ratio

Dividend Yield

1.4%

Implied Growth (rev. DCF)

7.7%

Rating Score

48/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what WELL's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. WELL trades near $211.45, above its 50-day average ($210.82) and 200-day average ($194.56). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 47 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. WELL's is $6.35 (~3.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month WELL found buyers near $194.67 (support) and sellers near $220.50 (resistance); its 52-week range is $148.97–$221.68. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.3× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Welltower (WELL) is a large-cap company in the Health Care REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $150.71B.

In its latest reported year it generated about $8.45B in revenue.

Our model rates WELL Neutral (48/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

27.5%

Revenue moved from $3.20B in 2021 to $8.45B in 2025, a 27.5% compound annual growth rate. The most recent year grew a strong 37.5% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research

Gross Margin

40.6%

Operating Margin

3.3%

Net Margin

12.0%

ROE

3.5%

Welltower keeps about 12.0% of each sales dollar as net profit, with a 40.6% gross margin and 3.3% operating margin. Return on equity is 3.5%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$17.93B

Net Debt

$13.23B

Net Debt / EBITDA

Debt / Equity

0.47x

Leverage: debt-to-equity is 0.5x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $17.93B of total debt against $4.70B of cash.

Cash Flow Analysis
Research

Operating CF

$2.88B

Free Cash Flow

$1.83B

FCF Margin

21.7%

In the latest year Welltower produced about $2.88B of operating cash flow and $1.83B of free cash flow after capital spending. That is a free-cash-flow yield of about 1.6% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research

P/E

103.64x

P/S

13.91x

P/B

2.96x

EV / EBITDA

WELL trades at 103.6x trailing earnings (about 89.6x on estimated forward earnings), 13.9x sales, and 3.0x book value. Reverse-engineering today's price implies the market expects roughly 7.7% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
103.6xExpensive
Forward P/E
89.6xExpensive
P/S ratio
13.9xExpensive
Revenue growth
37.5%Strong
EPS growth
15.7%Strong
Gross margin
40.6%Average
Net margin
12.0%Strong
ROE
3.5%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How WELL stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.

In the Real Estate sector (31 S&P 500 companies), WELL ranks #21 of 31 by our overall rating. It trades at a premium versus the sector on earnings (103.6x P/E vs. 30.8x median) with a lower return on equity (3.5% vs. 8.0%) and faster revenue growth (37.5% vs. 5.3%).

P/E vs sector

103.6x

median 30.8x

ROE vs sector

3.5%

median 8.0%

Growth vs sector

37.5%

median 5.3%

Sector rank

#21

of 31 by rating

CompanyP/ERev Gr.Rating
WELLThis stock103.6x37.5%Neutral· 48
VTR152.3x20.7%Neutral· 44
DOC63.3x2.7%Weak· 23
PLD36.1x6.7%Neutral· 54
EQIX73.7x6.7%Neutral· 42
AMT28.2x6.3%Favorable· 66
SPG14.6x10.9%Strong· 73
DLR47.5x12.6%Neutral· 57
Real Estate median30.8x5.3%53/100

Valuation vs. quality map

sector medianVTRDOCPLDEQIXAMTSPGDLRWELLP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$445.89$747.94

vs. $211.45 today · expected CAGR 16%29%

Metric20262027202820292030
Revenue$11.67B$16.10B$22.22B$30.66B$42.31B
Net income$1.40B$1.93B$2.67B$3.68B$5.08B
EPS$1.98$2.74$3.78$5.21$7.19
Share price (low)$122.94$169.66$234.14$323.11$445.89
Share price (high)$206.23$284.60$392.74$541.99$747.94
CAGR (low–high)-42% / -2%-10% / 16%3% / 23%11% / 27%16% / 29%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for WELL:

  • Revenue is growing 37.5% a year, a sign of real demand.
  • A conservative balance sheet (debt/equity 0.5x) lowers risk.
Bear Case

The case against WELL:

  • A rich 103.6x earnings multiple prices in a lot of growth.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Valuation risk — at 103.6x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Welltower is a large-cap real estate business still growing nicely, with modest profitability, and a sound balance sheet. It trades at 103.6x earnings, which our model scores Neutral (48/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.