What is the current annual gross margin of WELL?

As of today, WELL annual gross margin is 20.92%

What is 1-year change in WELL annual gross margin?

WELL annual gross margin is up +9.24% year-over-year

What is 3-year change in WELL annual gross margin?

WELL annual gross margin is up +23.49% over the past 3 years

How far is WELL annual gross margin from its all-time high?

WELL annual gross margin is currently -71.95% below its historical high of 74.59% set on December 31, 2003

How does WELL annual gross margin rank versus sector peers?

WELL annual gross margin is higher than 24.81% of companies in Real Estate sector

When is WELL next annual earnings release?

As of today, the next annual earnings release for WELL has not been scheduled

What is the current quarterly gross margin of WELL?

As of today, WELL quarterly gross margin is 18.55%

What is WELL quarterly gross margin most recent change?

WELL quarterly gross margin was down -7.85% on June 30, 2026

What is 1-year change in WELL quarterly gross margin?

WELL quarterly gross margin is down -12.25% year-over-year

How far is WELL quarterly gross margin from its all-time high?

WELL quarterly gross margin is currently -79.32% below its historical high of 89.69% set on March 31, 1998

How does WELL quarterly gross margin rank versus sector peers?

WELL quarterly gross margin is higher than 22.09% of companies in Real Estate sector

When is WELL next earnings release?

The next earnings release for WELL is on October 26, 2026

Welltower Inc. (WELL) Gross Margin History & Chart

Annual Gross Margin

20.92%1.77%+9.24%

December 31, 2025

Summary

Current Value: As of today, WELL annual gross margin is 20.92%, up +9.24% on December 31, 2025
Historical Performance: WELL annual gross margin is up +23.49% over the past 3 years, down -0.81% over the past 5 years
All-Time High Comparison: WELL annual gross margin is currently -71.95% below its historical high of 74.59% set on December 31, 2003
3-Year Low Comparison: WELL annual gross margin is +23.49% above its 3-year low of 16.94% reached on an earlier date
Sector Comparison: WELL annual gross margin is higher than 24.81% of companies in Real Estate sector

Gross Margin Chart

beforeafter

Performance

WELL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	20.92%	+9.2%	+23.5%	-0.8%	-64.5%
Quarterly Gross Margin	Jun 30, 26	18.55%	-12.3%	-15.4%	-17.9%	-58.7%
Price	Aug 19, 26	$235.73	+42.0%	+190.3%	+179.9%	+414.3%
PE Ratio	Aug 19, 26	-	–	–	–	–
Annual Revenue	Dec 31, 25	$10.83B	+35.6%	+85.0%	+135.5%	+1503.3%
Annual Gross Profit	Dec 31, 25	$2.27B	+48.2%	+128.5%	+133.6%	+469.1%
Annual Operating Margin	Dec 31, 25	5.48%	-66.6%	-62.9%	-67.0%	-67.0%
Annual Net Margin	Dec 31, 25	8.88%	-27.1%	+224.1%	-60.7%	-28.9%

Gross Margin Highs

WELL Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	20.92%	Dec 31, 25	at high
5Y	21.09%	N/A	-0.8%
All	74.59%	Dec 31, 03	-72.0%

Gross Margin Lows

WELL Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	16.94%	N/A	+23.5%
5Y	16.94%	Dec 31, 22	+23.5%
All	0.00%	Dec 1, 83	N/A

Gross Margin History

Year	Value	Change
2025	20.92%	+9.2%
2024	19.15%	-1.5%
2023	19.44%	+14.8%
2022	16.94%	-13.7%
2021	19.64%	-6.9%
2020	21.09%	-23.2%
2019	27.46%	-2.0%
2018	28.03%	-7.7%
2017	30.38%	-13.5%
2016	35.12%	-4.0%
2015	36.58%	+11.6%
2014	32.79%	+17.1%
2013	28.01%	-30.6%
2012	40.37%	-8.3%
2011	44.03%	-25.3%
2010	58.93%	-8.8%
2009	64.59%	+3.8%
2008	62.20%	-0.3%
2007	62.37%	-11.9%
2006	70.82%	-4.0%
2005	73.79%	>+9,900.0%

Year	Value	Change
2004	0.00%	-100.0%
2003	74.59%	>+9,900.0%
2002	0.00%	0.0%
2001	0.00%	0.0%
2000	0.00%	0.0%
1999	0.00%	0.0%
1998	0.00%	0.0%
1997	0.00%	0.0%
1996	0.00%	0.0%
1995	0.00%	0.0%
1994	0.00%	0.0%
1993	0.00%	0.0%
1992	0.00%	0.0%
1990	0.00%	0.0%
1989	0.00%	0.0%
1988	0.00%	0.0%
1987	0.00%	0.0%
1986	0.00%	0.0%
1985	0.00%	0.0%
1984	0.00%	0.0%
1983	0.00%	-

FAQ

What is the current annual gross margin of WELL?: As of today, WELL annual gross margin is 20.92%
What is 1-year change in WELL annual gross margin?: WELL annual gross margin is up +9.24% year-over-year
What is 3-year change in WELL annual gross margin?: WELL annual gross margin is up +23.49% over the past 3 years
How far is WELL annual gross margin from its all-time high?: WELL annual gross margin is currently -71.95% below its historical high of 74.59% set on December 31, 2003
How does WELL annual gross margin rank versus sector peers?: WELL annual gross margin is higher than 24.81% of companies in Real Estate sector
When is WELL next annual earnings release?: As of today, the next annual earnings release for WELL has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

18.55%1.58%-7.85%

June 30, 2026

Summary

Current Value: As of today, WELL quarterly gross margin is 18.55%, down -7.85% on June 30, 2026
Historical Performance: WELL quarterly gross margin is down -12.25% year-over-year, down -15.41% over the past 3 years
All-Time High Comparison: WELL quarterly gross margin is currently -79.32% below its historical high of 89.69% set on March 31, 1998
3-Year Low Comparison: WELL quarterly gross margin is +161.22% above its 3-year low of -30.30% reached on December 31, 2023
Sector Comparison: WELL quarterly gross margin is higher than 22.09% of companies in Real Estate sector

Performance

WELL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	18.55%	-7.8%	-12.3%	-15.4%	-17.9%
Annual Gross Margin	Dec 31, 25	20.92%	–	+9.2%	+23.5%	-0.8%
Price	Aug 19, 26	$235.73	+7.8%	+42.0%	+190.3%	+179.9%
PE Ratio	Aug 19, 26	-	–	–	–	–
Quarterly Revenue	Jun 30, 26	$3.54B	+5.7%	+39.0%	+112.7%	+210.8%
Quarterly Gross Profit	Jun 30, 26	$656.70M	-2.5%	+21.9%	+80.0%	+155.1%
Quarterly Operating Margin	Jun 30, 26	15.47%	-9.7%	-19.3%	-20.0%	-21.5%
Quarterly Net Margin	Jun 30, 26	13.06%	-41.9%	+9.2%	+104.4%	+224.9%

Quarterly Gross Margin Highs

WELL Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	22.31%	Sep 30, 25	-16.9%
3Y	22.31%	Sep 30, 25	-16.9%
5Y	22.60%	N/A	-17.9%
All	89.69%	Mar 31, 98	-79.3%

Quarterly Gross Margin Lows

WELL Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	18.55%	Jun 30, 26	at low
3Y	-30.30%	Dec 31, 23	+161.2%
5Y	-30.30%	Dec 31, 23	+161.2%
All	-30.30%	Dec 31, 23	+161.2%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	18.55%	-7.8%
Mar 2026	20.13%	-2.1%
Dec 2025	20.56%	-7.8%
Sep 2025	22.31%	+5.5%
Jun 2025	21.14%	+7.8%
Mar 2025	19.61%	+22.1%
Dec 2024	16.06%	-24.9%
Sep 2024	21.38%	+15.1%
Jun 2024	18.57%	-13.1%
Mar 2024	21.36%	+170.5%
Dec 2023	-30.30%	-253.7%
Sep 2023	19.71%	-10.1%
Jun 2023	21.93%	+29.5%
Mar 2023	16.93%	+8.2%
Dec 2022	15.65%	+10.8%
Sep 2022	14.13%	-32.6%
Jun 2022	20.96%	+22.9%
Mar 2022	17.06%	-6.9%
Dec 2021	18.33%	-6.5%
Sep 2021	19.60%	-13.3%
Jun 2021	22.60%	+24.7%
Mar 2021	18.12%	-21.6%
Dec 2020	23.10%	+63.0%
Sep 2020	14.17%	-35.9%
Jun 2020	22.11%	-8.0%
Mar 2020	24.04%	-10.2%
Dec 2019	26.76%	+0.0%
Sep 2019	26.75%	-3.0%
Jun 2019	27.59%	-2.0%
Mar 2019	28.15%	+0.4%
Dec 2018	28.03%	+3.1%
Sep 2018	27.19%	-4.6%
Jun 2018	28.51%	+0.1%
Mar 2018	28.48%	-1.1%
Dec 2017	28.80%	-6.9%
Sep 2017	30.92%	-1.4%
Jun 2017	31.36%	+2.8%
Mar 2017	30.50%	-7.5%
Dec 2016	32.98%	-8.2%
Sep 2016	35.91%	-1.2%
Jun 2016	36.35%	+3.2%
Mar 2016	35.23%	-1.5%
Dec 2015	35.75%	-4.0%
Sep 2015	37.24%	+1.8%
Jun 2015	36.58%	-0.6%
Mar 2015	36.79%	+3.2%
Dec 2014	35.66%	+3.8%
Sep 2014	34.35%	+5.9%
Jun 2014	32.43%	+14.7%
Mar 2014	28.28%	+5.1%
Dec 2013	26.92%	+5.3%
Sep 2013	25.57%	-14.1%
Jun 2013	29.78%	-2.3%
Mar 2013	30.47%	-20.5%
Dec 2012	38.31%	-7.8%
Sep 2012	41.57%	+0.8%
Jun 2012	41.22%	-0.7%

Month	Value	Change
Mar 2012	41.49%	-3.2%
Dec 2011	42.85%	-0.7%
Sep 2011	43.16%	-3.9%
Jun 2011	44.92%	-3.1%
Mar 2011	46.34%	-8.0%
Dec 2010	50.36%	-17.2%
Sep 2010	60.82%	-4.1%
Jun 2010	63.39%	-0.0%
Mar 2010	63.42%	-4.8%
Dec 2009	66.64%	+5.0%
Sep 2009	63.44%	-1.0%
Jun 2009	64.09%	+0.2%
Mar 2009	63.97%	+8.8%
Dec 2008	58.82%	-7.3%
Sep 2008	63.47%	+0.1%
Jun 2008	63.41%	+1.2%
Mar 2008	62.64%	-0.7%
Dec 2007	63.05%	+5.5%
Sep 2007	59.74%	-5.3%
Jun 2007	63.11%	-0.7%
Mar 2007	63.58%	-10.8%
Dec 2006	71.27%	+3.0%
Sep 2006	69.19%	-1.0%
Jun 2006	69.90%	+5.8%
Mar 2006	66.08%	-9.6%
Dec 2005	73.12%	+0.8%
Sep 2005	72.53%	+9.9%
Jun 2005	66.02%	-8.5%
Mar 2005	72.15%	+57.2%
Dec 2004	45.90%	+12.2%
Sep 2004	40.92%	+2.0%
Jun 2004	40.10%	+5.1%
Mar 2004	38.17%	-48.2%
Dec 2003	73.73%	+60.8%
Sep 2003	45.84%	-34.1%
Jun 2003	69.54%	-1.2%
Mar 2003	70.40%	+1,045.0%
Dec 2002	-7.45%	-115.5%
Sep 2002	48.20%	+2.5%
Jun 2002	47.01%	+1.0%
Mar 2002	46.53%	+281.2%
Dec 2001	-25.68%	-148.0%
Sep 2001	53.45%	+5.2%
Jun 2001	50.83%	-0.1%
Mar 2001	50.89%	-36.2%
Dec 2000	79.71%	-0.8%
Sep 2000	80.34%	-3.0%
Jun 2000	82.86%	+0.5%
Mar 2000	82.44%	-0.0%
Dec 1999	82.45%	-3.2%
Sep 1999	85.21%	+0.8%
Jun 1999	84.52%	-1.1%
Mar 1999	85.47%	-1.9%
Dec 1998	87.16%	-0.1%
Sep 1998	87.22%	-1.8%
Jun 1998	88.78%	-1.0%
Mar 1998	89.69%	-

FAQ

What is the current quarterly gross margin of WELL?: As of today, WELL quarterly gross margin is 18.55%
What is WELL quarterly gross margin most recent change?: WELL quarterly gross margin was down -7.85% on June 30, 2026
What is 1-year change in WELL quarterly gross margin?: WELL quarterly gross margin is down -12.25% year-over-year
How far is WELL quarterly gross margin from its all-time high?: WELL quarterly gross margin is currently -79.32% below its historical high of 89.69% set on March 31, 1998
How does WELL quarterly gross margin rank versus sector peers?: WELL quarterly gross margin is higher than 22.09% of companies in Real Estate sector
When is WELL next earnings release?: The next earnings release for WELL is on October 26, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

WELL Official Website www.welltower.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/766704/000076670426000010/0000766704-26-000010-index.htm
WELL Profile on Yahoo Finance finance.yahoo.com/quote/WELL
WELL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/well