Welltower

WELL

Market cap $145B

Medical Properties Trust's leverage ratio remains very high. Welltower has a much stronger financial profile.

Welltower Inc. (WELL) Q4 2025 Earnings Call Transcript

WELL's Q4 FFO outshines estimates, driven by a rise in revenues. Same Store NOI improves year over year.

The headline numbers for Welltower (WELL) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Welltower (WELL) came out with quarterly funds from operations (FFO) of $1.45 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to FFO of $1.13 per share a year ago.

Welltower forecast annual funds from operations above estimates on Tuesday, citing strong demand for the healthcare REIT's assisted living and senior housing properties.

TOLEDO, Ohio, Feb. 10, 2026 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/feb-10-26-business-update About Welltower Welltower Inc. (NYSE: WELL), an S&P 500 company, is positioned at the center of the silver economy, focusing on rental housing for aging seniors across the United States, United Kingdom, and Canada. Our portfolio of 2,000+ seniors and wellness housing communities are positioned at the intersection of housing and hospitality, creating vibrant communities for mature renters and older adults.

TOLEDO, Ohio, Feb. 10, 2026 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) today announced results for the quarter ended December 31, 2025. Fourth Quarter and Other Recent Highlights Reported net income attributable to common stockholders of $0.14 per diluted share Reported quarterly normalized funds from operations attributable to common stockholders of $1.45 per diluted share, an increase of 28.3% over the prior year Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 15.0%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 20.4% SHO portfolio organic same store revenue growth increased 9.6% year-over-year in the fourth quarter, resulting from 400 basis points ("bps") of average occupancy growth and 4.7% growth in Revenue Per Occupied Room ("RevPOR"); SSNOI margin expanded by 270 bps year-over-year During the fourth quarter, we completed $13.9 billion of pro rata gross investments, which included the closing of all previously announced acquisitions in the U.K. Additionally, we completed $7.5 billion of pro rata dispositions and loan payoffs during the fourth quarter, with volume and pace of activity exceeding prior expectations.

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NAV Monitor: U.S. REITs End January At Median 16.2% Discount To Net Asset Value