Welltower Inc. (WELL)

Solvency & Capital Structure

Total Debt

$19.72B

Net Debt

$17.76B

Welltower Inc. currently has $19.72B in total debt. Net debt is $17.76B after cash offsets.

Financial Fundamentals

WELL • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	19.72	1.97	17.76	69.88	28.2%
2026-03-31	19.98	4.70	15.28	67.22	29.7%
2025-12-31	21.38	5.03	16.35	67.30	31.8%
2025-09-30	18.16	6.81	11.36	59.50	30.5%
2025-06-30	17.31	4.41	12.90	55.83	31.0%
2025-03-31	17.01	3.50	13.51	53.29	31.9%
2024-12-31	16.76	3.51	13.25	51.04	32.8%
2024-09-30	16.16	3.56	12.59	48.95	33.0%
2024-06-30	14.33	2.78	11.55	45.53	31.5%
2024-03-31	14.59	2.39	12.20	44.55	32.7%
2023-12-31	16.12	1.99	14.13	44.01	36.6%
2023-09-30	16.20	2.58	13.62	41.65	38.9%
2023-06-30	16.34	2.20	14.14	40.06	40.8%
2023-03-31	15.38	0.57	14.80	38.49	39.9%
2022-12-31	14.96	0.63	14.33	37.89	39.5%
2022-09-30	15.51	0.34	15.17	37.41	41.5%
2022-06-30	15.45	0.36	15.08	36.57	42.2%
2022-03-31	15.09	0.30	14.79	35.47	42.5%
2021-12-31	14.68	0.27	14.41	34.91	42.0%
2021-09-30	14.21	0.30	13.91	33.48	42.5%
2021-06-30	13.87	0.51	13.36	32.18	43.1%
2021-03-31	14.92	2.13	12.79	32.99	45.2%
2020-12-31	14.22	1.55	12.67	32.48	43.8%
2020-09-30	14.21	1.60	12.61	32.54	43.7%
2020-06-30	14.88	1.68	13.20	33.16	44.9%
2020-03-31	14.43	0.30	14.13	32.92	43.8%
2019-12-31	15.39	0.28	15.10	33.38	46.1%
2019-09-30	14.14	0.27	13.88	31.86	44.4%
2019-06-30	15.62	0.27	15.35	33.15	47.1%
2019-03-31	13.14	0.25	12.89	30.64	42.9%
2018-12-31	13.30	0.22	13.08	30.34	43.8%
2018-09-30	13.50	0.19	13.31	30.25	44.6%
2018-06-30	11.44	0.22	11.22	27.62	41.4%
2018-03-31	11.35	0.20	11.15	27.75	40.9%
2017-12-31	11.73	0.24	11.49	27.94	42.0%
2017-09-30	11.52	0.24	11.29	28.18	40.9%
2017-06-30	11.38	0.44	10.94	27.98	40.7%
2017-03-31	11.45	0.38	11.07	27.77	41.3%
2016-12-31	12.36	0.42	11.94	28.87	42.8%
2016-09-30	13.43	0.43	13.00	29.86	45.0%
2016-06-30	12.97	0.47	12.51	28.96	44.8%
2016-03-31	13.06	0.36	12.71	29.09	44.9%
2015-12-31	12.97	0.36	12.61	29.02	44.7%
2015-09-30	11.47	0.29	11.18	27.46	41.8%
2015-06-30	11.55	0.22	11.33	27.41	42.2%
2015-03-31	11.01	0.20	10.81	26.63	41.4%
2014-12-31	10.78	0.47	10.30	25.01	43.1%
2014-09-30	10.28	1.00	9.28	24.54	41.9%
2014-06-30	10.35	0.21	10.14	23.57	43.9%
2014-03-31	10.94	0.19	10.76	23.21	47.1%
2013-12-31	10.65	0.16	10.49	23.08	46.1%
2013-09-30	10.44	0.16	10.28	23.05	45.3%
2013-06-30	9.56	0.51	9.05	22.20	43.1%
2013-03-31	9.85	0.27	9.58	20.79	47.4%
2012-12-31	8.53	1.03	7.50	19.55	43.6%
2012-09-30	7.32	1.38	5.94	18.28	40.0%
2012-06-30	7.69	0.20	7.48	16.35	47.0%
2012-03-31	6.88	0.47	6.41	15.86	43.4%
2011-12-31	7.24	0.16	7.08	14.92	48.5%
2011-09-30	6.79	0.14	6.66	13.86	49.0%
2011-06-30	6.40	0.33	6.07	13.48	47.5%
2011-03-31	6.15	2.67	3.48	13.26	46.4%
2010-12-31	4.47	0.13	4.34	9.45	47.3%
2010-09-30	3.47	0.18	3.29	7.89	44.0%
2010-06-30	3.15	0.06	3.10	7.08	44.6%
2010-03-31	2.83	0.04	2.79	6.77	41.8%
2009-12-31	2.41	0.04	2.38	6.37	37.9%
2009-09-30	2.42	0.10	2.32	6.38	37.9%
2009-06-30	2.70	0.08	2.62	6.25	43.2%
2009-03-31	2.59	0.02	2.57	6.14	42.2%
2008-12-31	2.85	0.02	2.82	6.19	46.0%
2008-09-30	2.69	0.02	2.67	6.02	44.6%
2008-06-30	3.06	0.03	3.03	5.81	52.7%
2008-03-31	2.76	0.03	2.72	5.39	51.2%
2007-12-31	2.70	0.03	2.67	5.21	51.9%
2007-09-30	2.60	0.04	2.56	4.97	52.4%
2007-06-30	2.46	0.04	2.41	4.82	50.9%
2007-03-31	2.35	0.04	2.32	4.46	52.8%
2006-12-31	2.20	0.04	2.16	4.28	51.4%
2006-09-30	1.60	0.02	1.58	3.20	50.1%
2006-06-30	1.47	0.02	1.45	3.06	48.0%
2006-03-31	1.53	0.03	1.50	3.01	50.7%
2005-12-31	1.50	0.04	1.46	2.97	50.5%
2005-09-30	1.68	0.03	1.65	2.74	61.3%
2005-06-30	1.70	0.02	1.68	2.74	62.0%
2005-03-31	1.37	0.02	1.35	2.56	53.6%
2004-12-31	1.34	0.02	1.31	2.55	52.4%
2004-09-30	1.10	0.02	1.08	2.45	44.9%
2004-06-30	1.01	0.04	0.98	2.19	46.2%
2004-03-31	1.01	0.05	0.96	2.19	46.3%
2003-12-31	1.01	0.13	0.89	2.18	46.5%
2003-09-30	0.90	0.02	0.89	2.03	44.5%
2003-06-30	0.83	0.02	0.82	1.75	47.7%
2003-03-31	0.74	0.04	0.70	1.64	45.1%
2002-12-31	0.79	0.02	0.77	1.59	49.3%
2002-09-30	0.64	0.03	0.61	1.53	41.7%
2002-06-30	0.58	0.02	0.56	1.47	39.3%
2002-03-31	0.57	0.01	0.56	1.37	41.7%
2001-12-31	0.49	0.01	0.48	1.27	38.7%
2001-09-30	0.42	0.05	0.37	1.20	34.8%
2001-06-30	0.43	0.01	0.42	1.15	37.5%
2001-03-31	0.54	0.01	0.53	1.14	47.4%
2000-12-31	0.44	0.01	0.43	1.16	38.0%
2000-09-30	0.56	0.01	0.55	1.16	48.0%
2000-06-30	0.57	0.01	0.56	1.17	48.4%
2000-03-31	0.71	0.00	0.71	1.26	56.0%
1999-12-31	0.54	0.01	0.53	1.27	42.4%
1999-09-30	0.53	0.03	0.50	1.26	42.0%
1999-06-30	0.50	0.03	0.47	1.24	40.8%
1999-03-31	0.43	0.03	0.40	1.16	37.1%
1998-12-31	0.42	0.03	0.39	1.07	39.0%
1998-09-30	0.39	0.03	0.36	0.99	39.7%
1998-06-30	0.34	0.03	0.31	0.93	36.4%
1998-03-31	0.32	0.01	0.31	0.84	38.2%
1997-12-31	0.25	0.01	0.24	0.73	33.9%
1997-09-30	0.26	0.00	0.26	0.69	37.3%
1997-06-30	0.22	0.00	0.22	0.64	34.0%
1997-03-31	0.19	0.00	0.19	0.61	31.7%
1996-12-31	0.28	0.00	0.28	0.52	53.2%
1996-09-30	0.19	0.00	0.18	0.47	39.4%