Welltower Inc (WELL) — Capital Reinvestment Ratio
Welltower Inc (WELL) has a Capital Reinvestment Ratio of 0.58x as of March 2026, meaning it reinvests 1% of its operating cash flow ($670.01 Million) in capital expenditures ($388.31 Million). Check WELL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Welltower Inc Capital Reinvestment Ratio (1992–2025)
This chart tracks Welltower Inc's Capital Reinvestment Ratio across 33 annual periods. For the full cash flow conversion analysis, see WELL cash flow metrics.
Annual Capital Reinvestment Ratio for Welltower Inc (1992–2025)
Year-by-year Capital Reinvestment Ratio for Welltower Inc from 1992 to 2025. See free cash flow generation of Welltower Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.01x | $2.88 Billion | $33.80 Million | ▼ -54.5% |
| 2024 | 0.03x | $2.26 Billion | $58.12 Million | ▼ -18.6% |
| 2023 | 0.03x | $1.60 Billion | $50.70 Million | ▲ +37.9% |
| 2022 | 0.02x | $1.33 Billion | $30.49 Million | ▲ +51.2% |
| 2021 | 0.02x | $1.28 Billion | $19.35 Million | ▲ +18.5% |
| 2020 | 0.01x | $1.36 Billion | $17.47 Million | ▲ +28.8% |
| 2019 | 0.01x | $1.54 Billion | $15.27 Million | ▲ +99.2% |
| 2018 | 0.00x | $1.58 Billion | $7.91 Million | ▼ -46.9% |
| 2017 | 0.01x | $1.43 Billion | $13.49 Million | ▼ -9.0% |
| 2016 | 0.01x | $1.64 Billion | $16.94 Million | ▲ +63.8% |
| 2015 | 0.01x | $1.37 Billion | $8.67 Million | ▲ +0.5% |
| 2014 | 0.01x | $1.14 Billion | $7.15 Million | ▼ -7.4% |
| 2013 | 0.01x | $988.50 Million | $6.70 Million | ▼ -43.3% |
| 2012 | 0.01x | $818.13 Million | $9.78 Million | ▼ -99.9% |
| 2011 | 8.36x | $588.22 Million | $4.92 Billion | ▲ +45.6% |
| 2010 | 5.74x | $364.74 Million | $2.09 Billion | ▲ +242.1% |
| 2009 | 1.68x | $381.26 Million | $640.13 Million | ▼ -47.4% |
| 2008 | 3.19x | $335.65 Million | $1.07 Billion | ▲ +33.6% |
| 2007 | 2.39x | $263.88 Million | $631.21 Million | ▲ +20.6% |
| 2006 | 1.98x | $216.45 Million | $429.18 Million | ▼ -42.5% |
| 2005 | 3.45x | $173.75 Million | $599.29 Million | ▼ -68.0% |
| 2004 | 10.78x | $144.03 Million | $1.55 Billion | ▲ +240.2% |
| 2003 | 3.17x | $129.52 Million | $410.41 Million | ▼ -18.5% |
| 2002 | 3.89x | $105.37 Million | $409.71 Million | ▲ +134.4% |
| 2001 | 1.66x | $88.68 Million | $147.08 Million | ▲ +195.3% |
| 2000 | 0.56x | $82.70 Million | $46.45 Million | ▼ -74.9% |
| 1999 | 2.24x | $96.13 Million | $215.49 Million | ▼ -37.1% |
| 1998 | 3.56x | $75.75 Million | $270.01 Million | ▲ +47.0% |
| 1997 | 2.43x | $56.01 Million | $135.84 Million | ▲ +32.9% |
| 1996 | 1.82x | $36.22 Million | $66.08 Million | ▲ +1564.7% |
| 1995 | 0.11x | $27.15 Million | $2.98 Million | ▼ -77.2% |
| 1994 | 0.48x | $31.98 Million | $15.35 Million | ▲ +54.1% |
| 1992 | 0.31x | $18.30 Million | $5.70 Million | — |