Welltower (WELL) Revenue & Revenue Breakdown

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Welltower Revenue Highlights

Latest Revenue (Y)

$6.64B

Latest Revenue (Q)

$2.06B

Main Segment (Y)

Senior Housing - Operating

Main Geography (Y)

UNITED STATES

Welltower Revenue by Period

Welltower Revenue by Year

Date	Revenue	Change
2023-12-31	$6.64B	13.26%
2022-12-31	$5.86B	23.59%
2021-12-31	$4.74B	2.96%
2020-12-31	$4.61B	-10.06%
2019-12-31	$5.12B	8.95%
2018-12-31	$4.70B	8.89%
2017-12-31	$4.32B	0.83%
2016-12-31	$4.28B	10.92%
2015-12-31	$3.86B	15.44%
2014-12-31	$3.34B	16.07%
2013-12-31	$2.88B	58.44%
2012-12-31	$1.82B	27.93%
2011-12-31	$1.42B	108.83%
2010-12-31	$680.53M	19.61%
2009-12-31	$568.97M	3.22%
2008-12-31	$551.21M	13.41%
2007-12-31	$486.02M	50.55%
2006-12-31	$322.82M	14.54%
2005-12-31	$281.85M	24.66%
2004-12-31	$226.09M	12.47%
2003-12-31	$201.03M	23.24%
2002-12-31	$163.12M	20.72%
2001-12-31	$135.12M	-0.11%
2000-12-31	$135.27M	5.18%
1999-12-31	$128.60M	31.24%
1998-12-31	$97.99M	33.67%
1997-12-31	$73.31M	34.75%
1996-12-31	$54.40M	756.48%
1995-12-31	$6.35M	15.90%
1994-12-31	$5.48M	-84.78%
1993-12-31	$36.00M	-

Welltower generated $6.64B in revenue during NA 2023, up 13.26% compared to the previous quarter, and up 141.22% compared to the same period a year ago.

Welltower Revenue by Quarter

Date	Revenue	Change
2024-09-30	$2.06B	12.84%
2024-06-30	$1.82B	-1.88%
2024-03-31	$1.86B	6.29%
2023-12-31	$1.75B	5.22%
2023-09-30	$1.66B	-0.21%
2023-06-30	$1.67B	6.71%
2023-03-31	$1.56B	2.78%
2022-12-31	$1.52B	3.03%
2022-09-30	$1.47B	0.09%
2022-06-30	$1.47B	5.50%
2022-03-31	$1.40B	6.60%
2021-12-31	$1.31B	5.60%
2021-09-30	$1.24B	8.66%
2021-06-30	$1.14B	8.45%
2021-03-31	$1.05B	-6.23%
2020-12-31	$1.12B	8.21%
2020-09-30	$1.04B	-12.76%
2020-06-30	$1.19B	-5.57%
2020-03-31	$1.26B	-0.33%
2019-12-31	$1.26B	-0.26%
2019-09-30	$1.27B	-4.09%
2019-06-30	$1.32B	3.76%
2019-03-31	$1.27B	2.50%
2018-12-31	$1.24B	0.39%
2018-09-30	$1.24B	9.81%
2018-06-30	$1.13B	2.64%
2018-03-31	$1.10B	-0.66%
2017-12-31	$1.10B	1.17%
2017-09-30	$1.09B	3.11%
2017-06-30	$1.06B	-0.35%
2017-03-31	$1.06B	-1.49%
2016-12-31	$1.08B	-0.08%
2016-09-30	$1.08B	0.23%
2016-06-30	$1.08B	2.83%
2016-03-31	$1.05B	2.42%
2015-12-31	$1.02B	4.65%
2015-09-30	$976.92M	2.54%
2015-06-30	$952.75M	7.16%
2015-03-31	$889.09M	2.90%
2014-12-31	$864.03M	2.14%
2014-09-30	$845.90M	2.61%
2014-06-30	$824.42M	2.88%
2014-03-31	$801.31M	2.98%
2013-12-31	$778.11M	-0.94%
2013-09-30	$785.49M	15.33%
2013-06-30	$681.10M	7.56%
2013-03-31	$633.22M	36.68%
2012-12-31	$463.27M	-2.29%
2012-09-30	$474.14M	4.65%
2012-06-30	$453.08M	4.07%
2012-03-31	$435.36M	8.20%
2011-12-31	$402.35M	4.57%
2011-09-30	$384.79M	0.98%
2011-06-30	$381.06M	49.16%
2011-03-31	$255.48M	32.27%
2010-12-31	$193.15M	9.65%
2010-09-30	$176.15M	7.98%
2010-06-30	$163.13M	6.79%
2010-03-31	$152.76M	8.63%
2009-12-31	$140.62M	-3.08%
2009-09-30	$145.10M	2.41%
2009-06-30	$141.69M	-1.83%
2009-03-31	$144.33M	2.58%
2008-12-31	$140.69M	-3.04%
2008-09-30	$145.10M	6.78%
2008-06-30	$135.89M	-

Welltower generated $2.06B in revenue during Q3 2024, up 12.84% compared to the previous quarter, and up 123.56% compared to the same period a year ago.

Welltower Revenue Breakdown

Welltower Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Senior Housing - Operating	$4.77B	-	-	-	-
Outpatient Medical	$751.15M	-	-	-	-
Triple Net	$1.04B	-	-	-	-
Product and Service, Other	-	$84.55M	$32.63M	$19.43M	$20.90M
Management Service	-	-	$3.20B	$3.07B	$3.45B
Interest Revenue	-	$150.57M	$137.56M	$69.16M	$63.83M

Welltower's latest annual revenue breakdown by segment (product or service), as of Dec 23: Senior Housing - Operating (72.68%), Triple Net (15.88%), and Outpatient Medical (11.44%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 22
Management Service	$1.51B	$1.39B	$1.36B	$1.20B	-	-
Product and Service, Other	-	-	-	$35.48M	$83.88M	$5.99M
Interest Revenue	-	-	-	$42.22M	$38.71M	$38.99M

Welltower's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Management Service (100.00%).

Welltower Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$5.52B	$4.84B	-	-	-
CANADA	$509.31M	$458.89M	-	-	-
Management Service	-	-	$3.20B	$3.07B	$3.45B
Interest Revenue	-	$150.57M	$137.56M	$69.16M	$63.83M
Product and Service, Other	-	$84.55M	$32.63M	$19.43M	$20.90M

Welltower's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (91.56%), and CANADA (8.44%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 22
CANADA	$135.43M	$131.45M	$151.34M	$149.68M	$123.87M	$118.94M	$112.20M
UNITED STATES	$1.75B	$1.53B	$1.55B	$1.45B	$1.38B	$1.39B	$1.14B
Management Service	-	-	-	-	-	-	-
Interest Revenue	-	-	-	-	-	$38.71M	-
Product and Service, Other	-	-	-	-	-	$83.88M	-

Welltower's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (92.80%), and CANADA (7.20%).

Welltower Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
WELL	Welltower	$6.64B	$2.06B
VTR	Ventas	$4.50B	$1.24B
HR	Healthcare Realty Trust	$1.34B	$311.52M
SBRA	Sabra Health Care REIT	$647.51M	$94.56M
NHI	National Health Investors	$319.83M	$69.17M
CTRE	CareTrust REIT	$217.77M	$77.38M
GMRE	Global Medical REIT	$141.05M	$34.26M
CHCT	Community Healthcare Trust	$112.84M	$29.64M

WELL Revenue FAQ

What is Welltower’s yearly revenue?

Welltower's yearly revenue for 2023 was $6.64B, representing an increase of 13.26% compared to 2022. The company's yearly revenue for 2022 was $5.86B, representing an increase of 23.59% compared to 2021. WELL's yearly revenue for 2021 was $4.74B, representing an increase of 2.96% compared to 2020.

What is Welltower’s quarterly revenue?

Welltower's quarterly revenue for Q3 2024 was $2.06B, a 12.84% increase from the previous quarter (Q2 2024), and a 23.82% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.82B, a -1.88% decrease from the previous quarter (Q1 2024), and a 9.50% increase year-over-year (Q2 2023). WELL's quarterly revenue for Q1 2024 was $1.86B, a 6.29% increase from the previous quarter (Q4 2023), and a 19.09% increase year-over-year (Q1 2023).

What is Welltower’s revenue growth rate?

Welltower's revenue growth rate for the last 3 years (2021-2023) was 39.98%, and for the last 5 years (2019-2023) was 29.62%.

What are Welltower’s revenue streams?

Welltower's revenue streams in c 23 are Senior Housing - Operating, Outpatient Medical, and Triple Net. Senior Housing - Operating generated $4.77B in revenue, accounting 72.68% of the company's total revenue Outpatient Medical generated $751.16M in revenue, accounting 11.44% of the company's total revenue Triple Net generated $1.04B in revenue, accounting 15.88% of the company's total revenue

What is Welltower’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Welltower was Senior Housing - Operating. This segment made a revenue of $4.77B, representing 72.68% of the company's total revenue.