Company / Cost of Revenue
Welltower Cost of Revenue History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$6.5B
FY2025
5-year range
$2.8B / $6.5B
FY2021-FY2025
Trend
+34.3%
vs FY2024
Sector context
#2 of 32
Real Estate
What the data says
Among 32 Real Estate companies, Welltower is in the bottom 6% for cost of revenue. Cost of Revenue has increased for 5 consecutive years, from $2.6B in FY2020 to $6.5B in FY2025.
Based on SEC 10-K filings.
$6.5B in FY2025 with a 5-year CAGR of +20.1%. Ranks 2nd among 32 companies in Real Estate.
Increased from $3.9B to $6.5B over the past 2 years.
Real Estate sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +22.2%
- 5-Year CAGR
- +20.1%
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in Real EstateTop 94% of 32This company $6.5B Sector average $2.2B
▼
+192.8% above sector average
Key checks
Key Insights
- Welltower's cost of revenue has grown for 5 consecutive years.
- 5-year CAGR of +20.1%, indicating consistent growth.
- In FY2025, cost of revenue increased 34.3% year-over-year.
- Ranks #2 out of 32 companies in the Real Estate sector.
Company context
Key Data Points
- Altman Z-Score 1.00 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.5B | +34.3% |
| FY2024 | $4.8B | +22.4% |
| FY2023 | $3.9B | +10.9% |
| FY2022 | $3.6B | +28.3% |
| FY2021 | $2.8B | +6.8% |
| FY2020 | $2.6B | -3.4% |
| FY2019 | $2.7B | +10.6% |
| FY2018 | $2.4B | +16.8% |
| FY2017 | $2.1B | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026