Welltower, Inc. engages in the provision of health care infrastructure and investment of seniors housing operators, post-acute providers, and health systems. It operates through the following segments: Seniors Housing Operating, Triple-net, and Outpatient Medical. The Seniors Housing Operating segment includes the seniors housing communities. The Triple-net segment offers long-term/post-acute care facilities, assisted living facilities, independent living/continuing care retirement communities, care homes (United Kingdom), independent support living facilities (Canada), care homes with nursing (United Kingdom), and combinations thereof. The Outpatient Medical segment provides outpatient medical buildings. The company was founded by Bruce G. Thompson and Fritz Wolfe in 1970 and is headquartered in Toledo, OH.
Highlights
The company's net income has surged by 98% YoY and by 2.4% QoQ
The EPS has soared by 97% YoY
The debt has increased by 10% year-on-year but it has declined by 6% since the previous quarter
Key stats
What are the main financial stats of WELL
Market
Shares outstanding
417.48M
Market cap
$23.55B
Enterprise value
$37.59B
Valuations
Price to earnings (P/E)
18.14
Price to book (P/B)
1.43
Price to sales (P/S)
4.53
EV/EBIT
20.64
EV/EBITDA
13.06
EV/Sales
7.36
Earnings
Revenue
$5.11B
EBIT
$1.82B
EBITDA
$2.88B
Free cash flow
$4.03B
Per share
EPS
$3.11
Free cash flow per share
$9.83
Book value per share
$39.32
Revenue per share
$12.45
TBVPS
$80.07
Balance sheet
Total assets
$32.92B
Total liabilities
$15.43B
Debt
$14.43B
Equity
$16.13B
Working capital
N/A
Liquidity
Debt to equity
0.89
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.88
Margins
EBITDA margin
56.4%
Gross margin
47.1%
Net margin
24.7%
Operating margin
21.7%
Efficiency
Return on assets
3.8%
Return on equity
8.2%
Return on invested capital
3.9%
Return on capital employed
N/A
Return on sales
35.6%
Dividend
Dividend yield
5.71%
DPS
$3.22
Payout ratio
103.5%
WELL stock price
How has the Welltower stock price performed over time
Financial performance
How have Welltower's revenue and profit performed over time
Revenue
$5.11B
Gross profit
$2.41B
Operating income
$1.11B
Net income
$1.26B
Gross margin
47.1%
Net margin
24.7%
The company's net income has surged by 98% YoY and by 2.4% QoQ
The net margin has surged by 90% year-on-year and by 2.5% since the previous quarter
Welltower's operating income has increased by 8% YoY but it has decreased by 8% from the previous quarter
The operating margin has decreased by 8% from the previous quarter but it has increased by 2.8% YoY
Valuation
What is Welltower stock price valuation
P/E
18.14
P/B
1.43
P/S
4.53
EV/EBIT
20.64
EV/EBITDA
13.06
EV/Sales
7.36
The EPS has soared by 97% YoY
The P/E is 46% below the 5-year quarterly average of 33.7 and 44% below the last 4 quarters average of 32.1
The stock's price to book (P/B) is 29% less than its last 4 quarters average of 2.0 and 21% less than its 5-year quarterly average of 1.8
The equity has grown by 7% YoY and by 3.8% from the previous quarter
WELL's P/S is 25% below its last 4 quarters average of 6.0 and 23% below its 5-year quarterly average of 5.9
The company's revenue rose by 4.8% YoY
Efficiency
How efficient is Welltower business performance
The company's return on equity has surged by 100% YoY
WELL's return on assets has surged by 90% year-on-year
The ROS has grown by 45% YoY
WELL's ROIC is up by 39% YoY
Dividends
What is WELL's dividend history
DPS
$3.22
Dividend yield
5.71%
Payout ratio
103.5%
Recent dividends
Financial health
How did Welltower financials performed over time
The total assets is 113% higher than the total liabilities
The total liabilities has increased by 9% YoY but it has decreased by 6% from the previous quarter
The debt is 11% smaller than the equity
WELL's debt to equity is down by 10% since the previous quarter but it is up by 2.3% year-on-year
The debt has increased by 10% year-on-year but it has declined by 6% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.