Welltower (WELL) FY2025 10-K Annual Report

Filed: Feb 12, 2026
Financials
Real Estate Investment TrustsSEC EDGAR

Welltower (WELL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 12, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Welltower FY2025 10-K Analysis

Business Overview

  • Core business model: Investment in senior housing and healthcare real estate properties with development, redevelopment, and leasing focus
  • Emphasis on development and redevelopment projects amid material shortages, labor availability challenges, and inflationary cost pressures
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Management Discussion & Analysis

  • No revenue figures or YoY changes disclosed in provided MD&A
  • Profitability or margin data not included in this section
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Risk Factors

  • Regulatory/legal risk: Wells Fargo as guarantor of unsecured notes under REIT governance, potential exposure if Welltower OP LLC borrowing risks materialize
  • Geopolitical/macro risk: Portfolio exposure across U.S., U.K., and Canada, risking foreign market or currency disruptions for 2,500+ seniors housing communities
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Welltower FY2025 Key Financial Metrics
XBRL

Revenue

$8.5B

+40.2% YoY

Net Income

$937M

-1.6% YoY

Net Margin

11.1%

-471bp YoY

ROE

2.2%

-75bp YoY

Total Assets

$67.3B

+31.9% YoY

EPS (Diluted)

$1.39

-11.5% YoY

Operating Cash Flow

$2.9B

+27.7% YoY

Source: XBRL data from Welltower FY2025 10-K filing on SEC EDGAR. All figures in USD.

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