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 115% YoY and by 3.3% QoQ
The EPS has soared by 113% YoY and by 2.9% from the previous quarter
The debt has declined by 4.7% year-on-year but it has increased by 3.1% since the previous quarter
The gross profit has contracted by 3.8% from the previous quarter and by 3.1% YoY
The company's revenue fell by 2.6% QoQ
Key stats
What are the main financial stats of WELL
Market
Shares outstanding
417.3M
Market cap
$22.4B
Enterprise value
$35.45B
Valuations
Price to earnings (P/E)
16.77
Price to book (P/B)
1.4
Price to sales (P/S)
4.5
EV/EBIT
19.19
EV/EBITDA
12.13
EV/Sales
7.12
Earnings
Revenue
$4.98B
EBIT
$1.85B
EBITDA
$2.92B
Free cash flow
$7.66B
Per share
EPS
$3.2
Free cash flow per share
$18.36
Book value per share
$38.44
Revenue per share
$11.93
TBVPS
$79.35
Balance sheet
Total assets
$33.16B
Total liabilities
$15.9B
Debt
$14.88B
Equity
$16.05B
Working capital
N/A
Liquidity
Debt to equity
0.93
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.47
Margins
EBITDA margin
58.7%
Gross margin
46.5%
Net margin
26.2%
Operating margin
18.9%
Efficiency
Return on assets
4%
Return on equity
8.3%
Return on invested capital
4%
Return on capital employed
N/A
Return on sales
37.1%
Dividend
Dividend yield
5.52%
DPS
$2.96
Payout ratio
92.5%
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
$4.98B
Gross profit
$2.32B
Operating income
$938.69M
Net income
$1.3B
Gross margin
46.5%
Net margin
26.2%
The net margin has surged by 118% year-on-year and by 6% since the previous quarter
The company's net income has surged by 115% YoY and by 3.3% QoQ
Welltower's operating income has decreased by 15% from the previous quarter and by 11% YoY
The operating margin has decreased by 13% from the previous quarter and by 9% YoY
Growth
What is Welltower's growth rate over time
Valuation
What is Welltower stock price valuation
P/E
16.77
P/B
1.4
P/S
4.5
EV/EBIT
19.19
EV/EBITDA
12.13
EV/Sales
7.12
The EPS has soared by 113% YoY and by 2.9% from the previous quarter
The P/E is 49% below the 5-year quarterly average of 33.1 and 25% below the last 4 quarters average of 22.5
The stock's price to book (P/B) is 22% less than its 5-year quarterly average of 1.8 and 22% less than its last 4 quarters average of 1.8
The equity has grown by 7% YoY
WELL's P/S is 22% below its 5-year quarterly average of 5.8 and 17% below its last 4 quarters average of 5.4
The company's revenue fell by 2.6% QoQ
Efficiency
How efficient is Welltower business performance
WELL's return on assets has surged by 111% year-on-year and by 5% since the previous quarter
The company's return on equity has surged by 108% YoY
The ROS has soared by 59% YoY and by 4.2% from the previous quarter
WELL's ROIC is up by 48% YoY and by 2.6% from the previous quarter
Dividends
What is WELL's dividend history
DPS
$2.96
Dividend yield
5.52%
Payout ratio
92.5%
Recent dividends
Financial health
How did Welltower financials performed over time
The total assets is 109% higher than the total liabilities
The total liabilities has decreased by 4.8% YoY but it has increased by 3.1% from the previous quarter
The debt is 7% smaller than the equity
WELL's debt to equity is down by 11% year-on-year but it is up by 4.5% since the previous quarter
The debt has declined by 4.7% year-on-year but it has increased by 3.1% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.