Welltower Return on Equity (ROE) Growth & History (WELL)
Welltower's return on equity was 2.60% for fiscal 2025.
View full Welltower company overviewWelltower annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 2.60% | −0.80 pp |
| 2024 | 2024-12-31 | 3.39% | +1.82 pp |
| 2023 | 2023-12-31 | 1.57% | +0.72 pp |
| 2022 | 2022-12-31 | 0.85% | −1.38 pp |
| 2021 | 2021-12-31 | 2.23% | −4.36 pp |
| 2020 | 2020-12-31 | 6.59% | −2.23 pp |
| 2019 | 2019-12-31 | 8.82% | +3.11 pp |
| 2018 | 2018-12-31 | 5.71% | +2.01 pp |
| 2017 | 2017-12-31 | 3.70% | −3.66 pp |
| 2016 | 2016-12-31 | 7.36% | +0.96 pp |
| 2015 | 2015-12-31 | 6.40% | +2.23 pp |
| 2014 | 2014-12-31 | 4.17% | +2.89 pp |
| 2013 | 2013-12-31 | 1.27% | −2.11 pp |
| 2012 | 2012-12-31 | 3.39% | −0.33 pp |
| 2011 | 2011-12-31 | 3.71% | +0.65 pp |
| 2010 | 2010-12-31 | 3.06% | −2.43 pp |
| 2009 | 2009-12-31 | 5.49% | — |
Welltower quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | 1.75% | +0.97 pp |
| Q4 2025 | 2025-12-31 | 0.29% | −0.11 pp |
| Q3 2025 | 2025-09-30 | 0.76% | −0.78 pp |
| Q2 2025 | 2025-06-30 | 0.87% | −0.05 pp |
| Q1 2025 | 2025-03-31 | 0.78% | +0.28 pp |
| Q4 2024 | 2024-12-31 | 0.40% | +0.03 pp |
| Q3 2024 | 2024-09-30 | 1.54% | +0.93 pp |
| Q2 2024 | 2024-06-30 | 0.92% | +0.41 pp |
| Q1 2024 | 2024-03-31 | 0.50% | +0.36 pp |
| Q4 2023 | 2023-12-31 | 0.37% | +0.36 pp |
| Q3 2023 | 2023-09-30 | 0.61% | +0.62 pp |
| Q2 2023 | 2023-06-30 | 0.51% | −0.01 pp |
| Q1 2023 | 2023-03-31 | 0.14% | −0.23 pp |
| Q4 2022 | 2022-12-31 | 0.01% | −0.37 pp |
| Q3 2022 | 2022-09-30 | −0.01% | −1.18 pp |
| Q2 2022 | 2022-06-30 | 0.52% | +0.24 pp |
| Q1 2022 | 2022-03-31 | 0.37% | −0.08 pp |
| Q4 2021 | 2021-12-31 | 0.38% | −0.58 pp |
| Q3 2021 | 2021-09-30 | 1.16% | −1.30 pp |
| Q2 2021 | 2021-06-30 | 0.29% | −0.70 pp |
| Q1 2021 | 2021-03-31 | 0.45% | −1.63 pp |
| Q4 2020 | 2020-12-31 | 0.97% | −0.59 pp |
| Q3 2020 | 2020-09-30 | 2.46% | −1.83 pp |
| Q2 2020 | 2020-06-30 | 0.99% | −0.01 pp |
| Q1 2020 | 2020-03-31 | 2.08% | +0.11 pp |
| Q4 2019 | 2019-12-31 | 1.56% | +0.70 pp |
| Q3 2019 | 2019-09-30 | 4.28% | +3.69 pp |
| Q2 2019 | 2019-06-30 | 1.00% | −0.16 pp |
| Q1 2019 | 2019-03-31 | 1.97% | −1.16 pp |
| Q4 2018 | 2018-12-31 | 0.86% | +1.48 pp |
| Q3 2018 | 2018-09-30 | 0.59% | −0.02 pp |
| Q2 2018 | 2018-06-30 | 1.16% | −0.22 pp |
| Q1 2018 | 2018-03-31 | 3.13% | +0.84 pp |
| Q4 2017 | 2017-12-31 | −0.62% | −2.99 pp |
| Q3 2017 | 2017-09-30 | 0.60% | −1.83 pp |
| Q2 2017 | 2017-06-30 | 1.38% | −0.08 pp |
| Q1 2017 | 2017-03-31 | 2.29% | +1.16 pp |
| Q4 2016 | 2016-12-31 | 2.37% | +1.35 pp |
| Q3 2016 | 2016-09-30 | 2.43% | +1.07 pp |
| Q2 2016 | 2016-06-30 | 1.46% | −0.80 pp |
| Q1 2016 | 2016-03-31 | 1.14% | −0.37 pp |
| Q4 2015 | 2015-12-31 | 1.02% | −0.54 pp |
| Q3 2015 | 2015-09-30 | 1.36% | +0.15 pp |
| Q2 2015 | 2015-06-30 | 2.26% | +1.51 pp |
| Q1 2015 | 2015-03-31 | 1.51% | +0.94 pp |
| Q4 2014 | 2014-12-31 | 1.57% | +1.34 pp |
| Q3 2014 | 2014-09-30 | 1.20% | +0.91 pp |
| Q2 2014 | 2014-06-30 | 0.75% | +0.68 pp |
| Q1 2014 | 2014-03-31 | 0.57% | −0.13 pp |
| Q4 2013 | 2013-12-31 | 0.22% | −0.79 pp |
| Q3 2013 | 2013-09-30 | 0.29% | −0.30 pp |
| Q2 2013 | 2013-06-30 | 0.07% | −0.88 pp |
| Q1 2013 | 2013-03-31 | 0.70% | −0.05 pp |
| Q4 2012 | 2012-12-31 | 1.01% | +0.36 pp |
| Q3 2012 | 2012-09-30 | 0.59% | −0.23 pp |
| Q2 2012 | 2012-06-30 | 0.94% | −0.38 pp |
| Q1 2012 | 2012-03-31 | 0.75% | +0.18 pp |
| Q4 2011 | 2011-12-31 | 0.65% | −0.39 pp |
| Q3 2011 | 2011-09-30 | 0.82% | +0.80 pp |
| Q2 2011 | 2011-06-30 | 1.32% | −0.04 pp |
| Q1 2011 | 2011-03-31 | 0.57% | — |
| Q4 2010 | 2010-12-31 | 1.04% | — |
| Q3 2010 | 2010-09-30 | 0.02% | — |
| Q2 2010 | 2010-06-30 | 1.36% | — |
Welltower return on equity trends
Over the last five fiscal years, Welltower's return on equity decreased from 6.59% to 2.60%, a change of −4.00 percentage points. The latest reported quarter, Q1 2026, shows 1.75%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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