Welltower Inc. (WELL)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Welltower as a real estate owner, not an EPS story. It owns 2,500-plus senior and wellness housing communities in the U.S., U.K., and Canada, giving it a real demographic tailwind. Scale in attractive micro markets may be a modest moat, but operating execution matters. Filed results show strong top-line momentum: fiscal Q1 2026 revenue was $2.8B versus $1.9B in fiscal Q1 2025, with net income of $752.3M versus $257.3M. Full-year 2025 revenue was $8.5B versus $6.0B in 2024, though net income slipped to $961.8M from $972.9M. Debt/equity of 0.41 is not alarming, and FairStock's Altman Z-score of 4.54 suggests balance-sheet comfort. Still, the quality is not cheap. At the 2026-10-26 close of $240.61, FairStock's P/B is 3.73, P/E 108.38, EV/EBITDA 69.32, and FCF yield only 1.7%. ROE of 3.84% and ROCE of 0.83% are weak, and the 1.49% dividend yield gives little income support. Because this is a REIT, Graham-style earnings and margin-of-safety work is inappropriate; FFO/AFFO, the right measures, are not in the data. Piotroski 5/9 is only average. FairStock's computed Lynch category is a slow grower: profit shrinking 1.5% a year over five years despite 12.9% revenue growth. The demographic story is good; the price already assumes a lot.

In plain English: Welltower owns and runs senior housing and wellness communities in the U.S., U.K., and Canada. Revenue is growing, and debt looks manageable, but reported profits are thin compared with the share price and the dividend is modest. Based on the figures provided, the shares look expensive rather than cheap.

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Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer