Welltower Inc. Website

Welltower Inc.

NYSE-WELL

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

1,588.4

1,443.4

1,374.7

1,451.8

1,556.1

1,542

Interest And Invest. Income

63.8

69.2

137.6

150.6

168.4

209.4

Other Revenues, Total

3,469.1

3,074

3,225.2

4,199.6

4,913.6

5,410.5

Total Revenues

5,121.3

4,586.5

4,737.5

5,802

6,638

7,161.9

Total Revenues % Chg.

9%

-10.4%

3.3%

22.5%

14.4%

17.5%

Cost of Goods Sold, Total

2,708.7

2,549.6

2,683.9

3,530.5

3,936.4

4,231.1

Gross Profit

2,412.6

2,036.9

2,053.6

2,271.5

2,701.6

2,930.8

Selling General & Admin Expenses, Total

126.5

128.4

126.7

150.4

179.1

199.3

Depreciation & Amortization

1,027.1

1,038.4

1,037.6

1,310.4

1,401.1

1,468

Other Operating Expenses, Total

1,153.6

1,166.8

1,164.3

1,460.8

1,580.2

1,667.3

Operating Income

1,259

870.1

889.3

810.8

1,121.4

1,263.5

Interest Expense, Total

-555.6

-514.4

-489.9

-529.5

-607.8

-591.8

Net Interest Expenses

-555.6

-514.4

-489.9

-529.5

-607.8

-591.8

Income (Loss) On Equity Invest.

42.4

-8.1

-22.9

-21.3

-53.4

-8.9

Other Non Operating Income (Expenses)

-48.2

-65

-34.4

-110

-106.2

-124.1

EBT, Excl. Unusual Items

697.6

282.7

342.1

149.9

353.9

538.6

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

748

1,088.5

235.4

16

67.9

175

Asset Writedown

—

—

-28.1

-135.6

-51.1

-17.5

-36.1

-68.1

Other Unusual Items

-84.2

-186.7

-143.2

19.3

-21.2

-22.9

EBT, Incl. Unusual Items

1,333.4

1,048.8

383.2

167.8

364.5

622.6

Income Tax Expense

3

10

8.7

7.2

6.4

7.1

Earnings From Continuing Operations

1,330.4

1,038.9

374.5

160.6

358.1

615.5

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

—

—

—

Minority Interest

-98

-60

-38.3

-19.4

-18

-22.2

Net Income

1,232.4

978.8

336.1

141.2

340.1

593.2

Preferred Dividend and Other Adjustments

—

—

—

—

—

—

Net Income to Common Incl Extra Items

1,232.4

978.8

336.1

141.2

340.1

593.2

Net Income to Common Excl. Extra Items

1,232.4

978.8

336.1

141.2

340.1

593.2

Total Shares Outstanding

410.3

417.4

447.2

490.5

564.2

608.2

Weighted Avg. Shares Outstanding

401.8

415.5

425

462.2

515.6

561.5

Weighted Avg. Shares Outstanding Dil

403.8

417.4

426.8

465.2

518.7

565.1

EPS

3.1

2.4

0.8

0.3

0.7

1.1

EPS Diluted

3.1

2.3

0.8

0.3

0.7

1

EBITDA

2,302.2

1,919.9

1,942.5

2,147.7

2,564.7

2,781.9

Effective Tax Rate

0.2%

1%

2.3%

4.3%

1.7%

1.1%