Aureus
AExcellent

Welltower Inc.(WELL)

A

Financial data as of Dec 31, 2024Improving · Real Estate

FCF Margin28.0%Free Cash Flow / Revenue
Cash Conversion237.1%Operating CF / Net Income
Free Cash Flow$2.2B
Revenue$7.9B
Net Cash-$13.3BNet debt position
Debt / FCF7.6xElevated debt burden
Current Ratio5.28Adequate short-term liquidity
YoY FCF Growth+27.3%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
-1High debt-to-FCF ratio (7.6x)
→
+0.5Healthy FCF margin with manageable debt (28.0%, 7.6x)
→
+1Strong YoY FCF growth (27.3% YoY)
→
+0.5Highly consistent quarterly FCF
→
FinalA

Analysis Summary

Strengths

  • Exceptional FCF margin (28.0%)
  • Excellent cash conversion (237%)
  • Strong liquidity (current ratio: 5.28)
  • Strong YoY FCF growth (+27.3%)
  • Highly consistent quarterly FCF
  • FCF trend is improving

Concerns

  • Heavy debt position ($13.3B)
  • High debt-to-FCF ratio (7.6x)

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin28.0%
Net Margin12.1%
Operating CF Margin28.7%
CapEx Ratio0.7%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$13.3BNet debt position
Debt / FCF7.6xElevated debt burden
Current Ratio5.28Strong liquidity
Debt / Equity0.52Low leverage

Quarterly FCF Trend

+27.3% YoYImproving (+27.3%)

Free cash flow per quarter

Sector Comparison — Real Estate

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameWelltower Inc.
SectorReal Estate
Free Cash Flow$2.2B
Revenue$7.9B
Net Income$951.7M
Operating Cash Flow$2.3B
Capital Expenditure$58.1M
FCF Margin28.0%
Cash Conversion Rate237.1%
Net Margin12.1%
Total Debt$16.8B
Total Cash$3.5B
Net Cash-$13.3B
Current Ratio5.28
Debt / Equity0.52
Debt / FCF7.6x
YoY FCF Growth+27.3%
Positive Quarters5 of 5
Trend DirectionImproving
Report DateDec 31, 2024
GradeA
Data SourceYahoo Finance