Last 7 days
-4.6%
Last 30 days
-6.1%
Last 90 days
7.7%
Trailing 12 Months
-19.1%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 51.7B | 4.2B | -4.61% | -14.88% | 11.88 | 12.36 | 22.43% | 122.66% |
DLR | 30.0B | 4.7B | -6.82% | -21.36% | 79.47 | 6.4 | 5.96% | -77.90% |
EQR | 22.3B | 2.7B | -9.31% | -29.65% | 28.69 | 8.21 | 11.91% | -41.71% |
ARE | 21.2B | 2.6B | -23.98% | -31.95% | 40.62 | 8.18 | 22.46% | -8.68% |
KIM | 13.2B | 1.7B | -4.07% | -13.87% | 104.43 | 7.61 | 26.61% | -85.07% |
MID-CAP | ||||||||
FRT | 7.7B | 1.1B | -13.38% | -14.77% | 20.08 | 7.2 | 12.95% | 47.42% |
KRG | 4.3B | 802.0M | -9.03% | -5.22% | -341.02 | 5.37 | 114.83% | 84.36% |
VNO | 2.9B | 1.8B | -31.59% | -62.57% | -8.47 | 1.63 | 13.26% | -296.88% |
MAC | 2.1B | 859.2M | -25.44% | -29.31% | -31.63 | 2.43 | 1.38% | -563.21% |
SMALL-CAP | ||||||||
SKT | 1.9B | 421.4M | -3.41% | 12.84% | 22.56 | 4.55 | 3.35% | 1705.32% |
SLG | 1.7B | 826.7M | -30.54% | -63.53% | -22.04 | 2.08 | -2.04% | -117.36% |
AIV | 1.0B | 190.3M | -7.76% | -1.93% | 11.27 | 5.46 | 12.08% | 1950.56% |
PGRE | 983.2M | 740.4M | -22.73% | -54.50% | -27.01 | 1.33 | 1.87% | -78.85% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 3.7% | 5,861 | 5,651 | 5,417 | 5,086 | 4,742 |
S&GA Expenses | 5.8% | 150 | 142 | 140 | 135 | 127 |
EBITDA | 0.7% | 2,013 | 1,999 | 1,980 | 1,803 | - |
EBITDA Margin | -2.9% | 0.34* | 0.35* | 0.37* | 0.35* | - |
Earnings Before Taxes | -26.4% | 173 | 235 | 320 | 217 | 171 |
EBT Margin | -29.0% | 0.03* | 0.04* | 0.06* | 0.04* | - |
Interest Expenses | 3.6% | 530 | 511 | 494 | 488 | 490 |
Net Income | -28.6% | 161 | 225 | 418 | 368 | 374 |
Net Income Margin | -31.2% | 0.03* | 0.04* | 0.08* | 0.07* | - |
Free Cahsflow | -2.2% | 1,329 | 1,359 | 1,356 | 1,296 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.3% | 37,893 | 37,414 | 36,574 | 35,472 | 34,910 |
Cash Equivalents | 83.9% | 632 | 343 | 363 | 301 | 269 |
Goodwill | 0% | 68.00 | 68.00 | 68.00 | 68.00 | 68.00 |
Liabilities | -2.7% | 16,499 | 16,957 | 16,700 | 16,294 | 15,912 |
Long Term Debt | -1.4% | 14,600 | 14,815 | 14,347 | 13,910 | - |
Shareholder's Equity | 5.9% | 20,295 | 19,169 | 19,454 | 18,732 | 17,636 |
Retained Earnings | 0.0% | 8,805 | 8,809 | 8,815 | 8,726 | 8,664 |
Additional Paid-In Capital | 5.7% | 26,743 | 25,289 | 24,465 | 23,620 | 23,134 |
Shares Outstanding | 2.0% | 463 | 454 | 447 | - | - |
Minority Interest | -19.5% | 715 | 887 | 898 | 836 | 961 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -2.2% | 1,329 | 1,359 | 1,356 | 1,296 | 1,275 |
Share Based Compensation | 16.7% | 26.00 | 22.00 | 21.00 | 20.00 | 18.00 |
Cashflow From Investing | 23.0% | -3,703 | -4,812 | -5,396 | -5,185 | -4,516 |
Cashflow From Financing | -21.8% | 2,761 | 3,533 | 3,689 | 1,701 | 1,568 |
Dividend Payments | 3.0% | 1,132 | 1,099 | 1,076 | 1,054 | 1,036 |
Buy Backs | NaN% | 0.00 | 0.00 | - | - | - |
50.4%
31.5%
25.4%
Y-axis is the maximum loss one would have experienced if Welltower was unfortunately bought at previous high price.
5.4%
5.4%
9.9%
15.4%
FIve years rolling returns for Welltower.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -1.43 | 10,278 | 2,256,280 | 0.06% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -38.43 | -10,198,600 | 17,182,400 | 0.02% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 46.1 | 2,423,000 | 7,376,000 | 0.04% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | added | 0.69 | 1,419 | 38,419 | 0.02% |
2023-03-01 | PANORAMIC INVESTMENT ADVISORS, LLC | new | - | 430,991 | 430,991 | 0.44% |
2023-02-28 | Voya Investment Management LLC | added | 11.72 | 6,708,220 | 55,127,200 | 0.08% |
2023-02-27 | Gallagher Benefit Services, Inc. | new | - | 668,679 | 668,679 | 0.14% |
2023-02-27 | Parallax Volatility Advisers, L.P. | reduced | -43.73 | -1,054,560 | 1,418,440 | -% |
2023-02-24 | BBJS FINANCIAL ADVISORS, LLC | new | - | 437,922 | 437,922 | 0.20% |
2023-02-24 | National Pension Service | added | 9.52 | 6,369,950 | 54,036,700 | 0.11% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | cohen & steers, inc. | 10.17% | 48,058,043 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 16.02% | 75,690,885 | SC 13G/A | |
Feb 07, 2023 | state street corp | 6.59% | 31,130,985 | SC 13G | |
Feb 06, 2023 | wellington management group llp | 5.09% | 24,071,258 | SC 13G | |
Jan 24, 2023 | blackrock inc. | 10.6% | 49,874,077 | SC 13G | |
Nov 10, 2022 | cohen & steers, inc. | 10.10% | 46,820,079 | SC 13G/A | |
Feb 14, 2022 | cohen & steers, inc. | 7.98% | 34,743,873 | SC 13G | |
Feb 14, 2022 | state street corp | 6.35% | 27,631,929 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 15.81% | 68,821,686 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 10.9% | 47,651,136 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | - - | - - | - - | - - | - - |
Current Inflation | 25.35 -64.22% | 32.06 -54.75% | 38.12 -46.20% | 45.77 -35.40% | 51.99 -26.62% |
Very High Inflation | - - | - - | - - | - - | - - |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 10, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-08 | LOPEZ DENNIS G | acquired | 5,530 | 74.72 | 74.02 | - |
2023-03-08 | DeSalvo Karen B | acquired | 7,063 | 74.72 | 94.53 | - |
2023-03-08 | SULLIVAN KATHRYN M | acquired | 39.6016 | 74.72 | 0.53 | - |
2023-02-23 | Reid Diana | acquired | - | - | 2,627 | - |
2023-02-23 | Spisso Johnese | acquired | - | - | 2,627 | - |
2023-02-23 | Rivera Sergio | acquired | - | - | 2,627 | - |
2023-02-23 | Patton Ade J. | acquired | - | - | 2,627 | - |
2023-02-23 | LOPEZ DENNIS G | acquired | - | - | 3,940 | - |
2023-02-23 | DeSalvo Karen B | acquired | - | - | 2,627 | - |
2023-01-15 | Mcqueen Matthew Grant | sold (taxes) | -16,791 | 71.15 | -236 | evp, gen.counsel & secretary |
Consolidated Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |||||||
Revenues: | |||||||||
Rental income | $ 1,451,786 | $ 1,374,695 | $ 1,443,360 | ||||||
Total revenues | 5,860,615 | 4,742,115 | 4,605,967 | ||||||
Expenses: | |||||||||
Property operating expenses | 3,558,770 | 2,774,562 | 2,597,823 | ||||||
Depreciation and amortization | 1,310,368 | 1,037,566 | 1,038,437 | ||||||
Interest expense | 529,519 | 489,853 | 514,388 | ||||||
General and administrative expenses | 150,390 | 126,727 | 128,394 | ||||||
Loss (gain) on derivatives and financial instruments, net | 8,334 | (7,333) | 11,049 | ||||||
Loss (gain) on extinguishment of debt, net | 680 | 49,874 | 47,049 | ||||||
Provision for loan losses, net | 10,320 | 7,270 | 94,436 | ||||||
Impairment of assets | 17,502 | 51,107 | 135,608 | ||||||
Other expenses | 101,670 | 41,739 | 70,335 | ||||||
Total expenses | 5,687,553 | 4,571,365 | 4,637,519 | ||||||
Income (loss) from continuing operations before income taxes and other items | 173,062 | 170,750 | (31,552) | ||||||
Income tax (expense) benefit | (7,247) | (8,713) | (9,968) | ||||||
Income (loss) from unconsolidated entities | (21,290) | (22,933) | (8,083) | ||||||
Gain (loss) on real estate dispositions, net | 16,043 | 235,375 | 1,088,455 | ||||||
Income (loss) from continuing operations | 160,568 | 374,479 | 1,038,852 | ||||||
Net income | 160,568 | 374,479 | 1,038,852 | ||||||
Less: Net income (loss) attributable to noncontrolling interests | [1] | 19,354 | 38,341 | 60,008 | |||||
Net income (loss) attributable to common stockholders | $ 141,214 | $ 336,138 | $ 978,844 | ||||||
Weighted average number of common shares outstanding: | |||||||||
Basic (in shares) | 462,185 | 424,976 | 415,451 | ||||||
Diluted (in shares) | 465,158 | 426,841 | 417,387 | ||||||
Basic: | |||||||||
Income (loss) from continuing operations (in USD per share) | $ 0.35 | $ 0.88 | $ 2.50 | ||||||
Net income (loss) attributable to common stockholders (in USD per share) | 0.31 | 0.79 | 2.36 | ||||||
Diluted: | |||||||||
Income (loss) from continuing operations (in USD per share) | 0.35 | 0.88 | 2.49 | ||||||
Net income (loss) attributable to common stockholders (in USD per share) | [2] | $ 0.30 | $ 0.78 | $ 2.33 | |||||
Other comprehensive income (loss): | |||||||||
Foreign currency translation gain (loss) | $ (466,910) | $ (52,826) | $ 103,612 | ||||||
Derivative and financial instruments designated as hedges gain (loss) | 442,620 | 79,702 | (134,369) | ||||||
Total other comprehensive income (loss) | (24,290) | 26,876 | (30,757) | ||||||
Total comprehensive income (loss) | 136,278 | 401,355 | 1,008,095 | ||||||
Less: Total comprehensive income (loss) attributable to noncontrolling interests | [3] | (6,545) | 38,029 | 65,598 | |||||
Total comprehensive income (loss) attributable to common stockholders | 142,823 | 363,326 | 942,497 | ||||||
Resident fees and services | |||||||||
Revenues: | |||||||||
Revenue from contract with customer | 4,173,711 | 3,197,223 | 3,074,022 | ||||||
Interest income | |||||||||
Revenues: | |||||||||
Revenue from contract with customer | 150,571 | 137,563 | 69,156 | ||||||
Other income | |||||||||
Revenues: | |||||||||
Revenue from contract with customer | $ 84,547 | $ 32,634 | $ 19,429 | ||||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Real property owned: | ||
Land and land improvements | $ 4,249,834 | $ 3,968,430 |
Buildings and improvements | 33,651,336 | 31,062,203 |
Acquired lease intangibles | 1,945,458 | 1,789,628 |
Real property held for sale, net of accumulated depreciation | 133,058 | 134,097 |
Construction in progress | 1,021,080 | 651,389 |
Less accumulated depreciation and amortization | (8,075,733) | (6,910,114) |
Net real property owned | 32,925,033 | 30,695,633 |
Right of use assets, net | 323,942 | 522,796 |
Real estate loans receivable, net of credit allowance | 890,844 | 1,068,681 |
Net real estate investments | 34,139,819 | 32,287,110 |
Other assets: | ||
Investments in unconsolidated entities | 1,499,790 | 1,039,043 |
Goodwill | 68,321 | 68,321 |
Cash and cash equivalents | 631,681 | 269,265 |
Restricted cash | 90,611 | 77,490 |
Straight-line rent receivable | 322,173 | 365,643 |
Receivables and other assets | 1,140,838 | 803,453 |
Total other assets | 3,753,414 | 2,623,215 |
Total assets | 37,893,233 | 34,910,325 |
Liabilities: | ||
Unsecured credit facility and commercial paper | 0 | 324,935 |
Senior unsecured notes | 12,437,273 | 11,613,758 |
Secured debt | 2,110,815 | 2,192,261 |
Lease liabilities | 415,824 | 545,944 |
Accrued expenses and other liabilities | 1,535,325 | 1,235,554 |
Total liabilities | 16,499,237 | 15,912,452 |
Redeemable noncontrolling interests | 384,443 | 401,294 |
Equity: | ||
Common stock | 491,919 | 448,605 |
Capital in excess of par value | 26,742,750 | 23,133,641 |
Treasury stock | (111,001) | (107,750) |
Cumulative net income | 8,804,950 | 8,663,736 |
Cumulative dividends | (15,514,097) | (14,380,915) |
Accumulated other comprehensive income (loss) | (119,707) | (121,316) |
Total Welltower Inc. stockholders’ equity | 20,294,814 | 17,636,001 |
Noncontrolling interests | 714,739 | 960,578 |
Total equity | 21,009,553 | 18,596,579 |
Total liabilities and equity | $ 37,893,233 | $ 34,910,325 |