Welltower Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Welltower Inc (WELL). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Seniors Housing Operating | $3.08B 67.0% | $3.20B 100.0% · +3.7% | $4.17B 100.0% · +30.5% | $4.75B 100.0% · +13.9% |
| Triple-net | $801.3M 17.4% | $0 0.0% · -100.0% | $0 0.0% | $0 0.0% |
| Outpatient Medical | $720.0M 15.6% | $0 0.0% · -100.0% | $0 0.0% | $0 0.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $3.72B 80.8% | $2.39B 74.7% · -35.8% | $3.33B 79.7% · +39.2% | $3.81B 80.2% · +14.6% | $4.81B 79.8% · +26.1% | $5.90B 69.8% · +22.7% |
| UNITED KINGDOM | $451.4M 9.8% | $396.6M 12.4% · -12.1% | $401.2M 9.6% · +1.2% | $447.2M 9.4% · +11.5% | $683.8M 11.3% · +52.9% | $1.89B 22.3% · +175.9% |
| CANADA | $434.4M 9.4% | $411.4M 12.9% · -5.3% | $447.1M 10.7% · +8.7% | $494.7M 10.4% · +10.7% | $535.1M 8.9% · +8.2% | $668.3M 7.9% · +24.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.