OverviewSuggest Edit

Welltower is a recognized leader in providing consistent, low-cost capital to fund health care infrastructure and real estate. The Company partners with leading seniors housing, post-acute care providers and health systems to fund innovative solutions designed to keep patients out of higher cost, higher acuity settings while delivering better treatment at lower cost.

TypePublic
Founded1970
HQToledo, US
Websitewelltower.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Jan 2019)384(-2%)
Job Openings33
Revenue (FY, 2018)$4.7 B(+9%)
Share Price (May 2019)$79.2 (-1%)

Key People/Management at Welltower

Thomas J. Derosa

Thomas J. Derosa

Chairman and CEO
Shankh Mitra

Shankh Mitra

Executive Vice President – Chief Investment Officer
Mercedes Kerr

Mercedes Kerr

Executive Vice President - Business & Relationship Management
John Goodey

John Goodey

Executive Vice President – Chief Financial Officer
Matt McQueen

Matt McQueen

Senior Vice President – General Counsel & Corporate Secretary
Tim McHugh

Tim McHugh

Senior Vice President - Corporate Finance
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Welltower Office Locations

Welltower has offices in Toledo, Newport Beach, London and Toronto
Toledo, US (HQ)
4500 Dorr St
Newport Beach, US
660 Newport Center Dr #1020
Toronto, CA
Toronto-Dominion Centre 66 Wellington Street West Suite 2701, PO Box 214
London, GB
29-30 Cornhill
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Welltower Financials and Metrics

Welltower Revenue

Welltower's revenue was reported to be $4.70 b in FY, 2018
USD

Revenue (Q1, 2019)

1.3b

Net income (Q1, 2019)

292.3m

Market capitalization (20-May-2019)

32.1b

Closing stock price (20-May-2019)

79.2

Cash (31-Mar-2019)

249.1m
Welltower's current market capitalization is $32.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.9b3.3b3.9b4.3b4.3b4.7b

Revenue growth, %

16%15%11%

General and administrative expense

147.4m155.2m122.0m126.4m

Operating expense total

3.2b3.6b4.0b4.3b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

957.2m979.0m1.0b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.2b1.3b

General and administrative expense

38.5m37.0m45.7m39.9m36.8m31.1m32.6m29.9m33.7m32.8m28.7m35.3m

Operating expense total

806.5m782.5m879.5m866.0m885.3m943.4m901.8m1.0b977.6m966.8m1.2b1.1b

Depreciation and amortization

208.8m205.8m228.7m226.6m218.1m228.3m224.8m230.1m228.2m236.3m243.1m243.9m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

158.8m473.7m360.9m419.4m243.8m215.4m

Accounts Receivable

Inventories

Goodwill

68.3m68.3m68.3m68.3m68.3m68.3m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

138.3m512.3m888.5m1.1b540.6m829.8m

Depreciation and Amortization

826.2m901.2m950.5m

Inventories

Accounts Payable

67.6m(48.4m)(18.1m)3.9m26.8m70.8m
Quarterly
USDY, 2019

Revenue/Employee

3.3m

Financial Leverage

1.9 x
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Welltower Online and Social Media Presence

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Welltower News and Updates

Welltower Completes Purchase of 55 Medical Buildings from CNL Healthcare Properties

TOLEDO, Ohio and ORLANDO, Fla., May 15, 2019 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) and CNL Healthcare Properties announced today that Welltower has completed the purchase of a Class A health care facilities portfolio for $1.25 billion. "We are extremely excited to close on this...

Welltower Reports First Quarter 2019 Results

TOLEDO, Ohio, April 30, 2019 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2019. Quarterly Highlights Reported net income attributable to common stockholders of $0.71 per diluted share and normalized FFO attributable to common...

Welltower Announces Time Change of First Quarter 2019 Earnings Conference Call and Webcast

TOLEDO, Ohio, April 26, 2019 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced that it is changing the time of its first quarter 2019 earnings call on Tuesday, April 30, 2019 to 9:00 a.m. Eastern Time, rather than the previously announced 10:00 a.m. Eastern Time, due to...

Welltower Named 2019 ENERGY STAR Partner of the Year

TOLEDO, Ohio, April 10, 2019 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) announced today that it has been named a 2019 ENERGY STAR® Partner of the Year by the U.S. Environmental Protection Agency ("EPA"). The ENERGY STAR Partner of the Year Award is the highest level of EPA recognition,...

Welltower Inc. to Present at Citi 2019 Global Property CEO Conference

TOLEDO, Ohio, March 1, 2019 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) will participate in the Citi 2019 Global Property CEO Conference to be held at The Diplomat Resort & Spa in Hollywood, Florida. Tom DeRosa, Chief Executive Officer of Welltower, will present during a session scheduled ...

Welltower Announces Completion of the Mandatory Conversion of its 6.50% Series I Cumulative Convertible Perpetual Preferred Stock

TOLEDO, Ohio, Feb 28, 2019 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) (the "Company") announced today that it has completed the previously announced conversion of all of its outstanding Series I Cumulative Convertible Perpetual Preferred Stock (NYSE: HCN.PRI ) (the "Convertible Preferred ...
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Welltower Frequently Asked Questions

  • When was Welltower founded?

    Welltower was founded in 1970.

  • Who are Welltower key executives?

    Welltower's key executives are Thomas J. Derosa, Shankh Mitra and Mercedes Kerr.

  • How many employees does Welltower have?

    Welltower has 384 employees.

  • What is Welltower revenue?

    Latest Welltower annual revenue is $4.7 b.

  • What is Welltower revenue per employee?

    Latest Welltower revenue per employee is $12.2 m.

  • Who are Welltower competitors?

    Competitors of Welltower include Cedar Realty Trust, UKCP REIT and Covivio.

  • Where is Welltower headquarters?

    Welltower headquarters is located at 4500 Dorr St, Toledo.

  • Where are Welltower offices?

    Welltower has offices in Toledo, Newport Beach, London and Toronto.

  • How many offices does Welltower have?

    Welltower has 4 offices.