WELL
Premium GrowerWelltower Inc. · Real Estate · United States · $171.0B cap · $699.3M/day traded
$244.46 -0.2% · close 13 Nov · scored 14 Nov
Premium Grower: Strong business with the market behind it, priced at a premium.
As of 14 Nov 2026, the MoatMap Score for Welltower Inc. (WELL) is 36/100, ranked against 25,000+ stocks in 38 markets (Quality 52, Value 7, Momentum 68, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT WELLTOWER INC.
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Welltower Inc. is a leading healthcare REIT specializing in the ownership, management, and financing of diverse healthcare infrastructure properties, including senior housing, post-acute care, and outpatient medical facilities. The company's competitive moat is driven by its high-quality, diversified portfolio, strategic operator partnerships, and data-driven capital allocation within the resilient healthcare sector. Welltower is a major player, poised to benefit from aging demographics and the growing demand for healthcare services.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Income and shares | |||||||||
| Revenue | 5.8B | 6.5B | 7.9B | 10.7B | 22.7% | 13.8B | 14.3B | 16.7B | 25.1% |
| Net margin | 2.4% | 5.2% | 12.1% | 8.8% | +6.4 pts | — | — | — | — |
| EPS | 0.31 | 0.66 | 1.58 | 1.41 | 65.7% | 2.36 | 2.74 | 3.14 | 49.2% |
| Share count | 490.5M | 564.2M | 635.3M | 696.5M | 12.4% | 733.6M | — | — | — |
| Balance sheet | |||||||||
| Debt | 15.0B | 16.1B | 16.8B | 21.4B | 12.6% | 21.2B | — | — | — |
| Equity | 20.3B | 25.4B | 32.0B | 42.1B | 27.6% | — | — | — | — |
| Debt/equity | 0.7x | 0.6x | 0.5x | 0.5x | -0.2x | — | — | — | — |
| Cash flow | |||||||||
| Op. cash flow | 1.3B | 1.6B | 2.3B | 2.9B | 29.4% | 3.3B | — | — | — |
| Cash flow margin | 23.0% | 24.7% | 28.7% | 27.0% | +4.0 pts | 24.1% | — | — | — |
| Investing CF | -3.7B | -5.7B | -5.5B | -10.5B | — | — | — | — | — |
| Financing CF | 2.8B | 5.4B | 4.9B | 9.0B | — | — | — | — | — |
Above its 200-day average and 4% below its 52-week high.
Calmer than 86% of stocks we rank over the past year (volatility 23% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend (this stock): It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of WELL are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| WELL | Welltower Inc.(you) | $171.0B | 36 |
| VTR | Ventas, Inc. | $44.5B | 26 |
| AHR | American Healthcare REIT, Inc. | $11.6B | 48 |
| HR | Healthcare Realty Trust Incorporated | $6.2B | 32 |
| DOC | Healthpeak Properties, Inc. | $13.6B | 56 |
| CSH-UN.TO | Chartwell Retirement Residences | $5.0B | 27 |
| OHI | Omega Healthcare Investors, Inc. | $14.8B | 70 |
| SBRA | Sabra Health Care REIT, Inc. | $5.0B | 55 |
| CTRE | CareTrust REIT, Inc. | $8.7B | 66 |
| AED.BR | Aedifica NV/SA | $5.9B | 61 |
Peer medians: ROE 6.2% · P/E 12.3x · Gross margin 55.6%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.