Earnings Releases·Oct 26, 2026, 4:33 PM ET

Welltower Inc. — Third Quarter 2026 Earnings Summary

Reported net income attributable to common stockholders of $396.6 million ($0.54 per diluted share) and normalized FFO of $1.26 billion ($1.67 per share), representing 24.6% and 24.6% year-over-year increases respectively, alongside 15.8% growth in total portfolio same-store NOI.
Revised full-year 2026 guidance upward, raising net income per share to $3.31–$3.37 and normalized FFO per share to $6.47–$6.53, driven by updated SSNOI growth assumptions and investment activity.
Executed significant capital deployment with $21.0 billion of pro rata gross investments year-to-date and $4.1 billion in dispositions, while maintaining a net debt to Adjusted EBITDA ratio of 3.02x and $9.5 billion in available liquidity.
Declared a $0.85 quarterly cash dividend, marking the 222nd consecutive quarterly payment, and issued C$1.15 billion in senior unsecured notes with a weighted-average coupon of 3.95%.