Welltower Inc (WELL) — Cash Flow Quality Index
Welltower Inc (WELL) has a Cash Flow Quality Index of 0.89x as of March 2026. Operating cash flow of $670.01 Million is below net income of $752.32 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Welltower Inc (WELL) cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Welltower Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Welltower Inc across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check WELL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Welltower Inc (1989–2025)
Year-by-year earnings quality comparison for Welltower Inc. For live market cap and the full company financial profile, see market value of Welltower Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.00x | $2.88 Billion | $961.84 Million | ▲ +29.2% |
| 2024 | 2.32x | $2.26 Billion | $972.86 Million | ▼ -50.8% |
| 2023 | 4.71x | $1.60 Billion | $340.09 Million | ▼ -43.1% |
| 2022 | 8.28x | $1.33 Billion | $160.57 Million | ▲ +143.0% |
| 2021 | 3.41x | $1.28 Billion | $374.48 Million | ▲ +159.2% |
| 2020 | 1.31x | $1.36 Billion | $1.04 Billion | ▲ +13.8% |
| 2019 | 1.15x | $1.54 Billion | $1.33 Billion | ▼ -39.5% |
| 2018 | 1.91x | $1.58 Billion | $829.75 Million | ▼ -28.0% |
| 2017 | 2.65x | $1.43 Billion | $540.61 Million | ▲ +75.1% |
| 2016 | 1.51x | $1.64 Billion | $1.08 Billion | ▼ -2.0% |
| 2015 | 1.55x | $1.37 Billion | $888.55 Million | ▼ -30.5% |
| 2014 | 2.22x | $1.14 Billion | $512.30 Million | ▼ -68.9% |
| 2013 | 7.15x | $988.50 Million | $138.28 Million | ▲ +157.6% |
| 2012 | 2.77x | $818.13 Million | $294.84 Million | ▲ +0.3% |
| 2011 | 2.77x | $588.22 Million | $212.72 Million | ▼ -2.3% |
| 2010 | 2.83x | $364.74 Million | $128.88 Million | ▲ +43.2% |
| 2009 | 1.98x | $381.26 Million | $192.93 Million | ▲ +69.6% |
| 2008 | 1.17x | $335.65 Million | $288.11 Million | ▼ -37.6% |
| 2007 | 1.87x | $263.88 Million | $141.40 Million | ▼ -11.4% |
| 2006 | 2.11x | $216.45 Million | $102.75 Million | ▲ +2.2% |
| 2005 | 2.06x | $173.75 Million | $84.29 Million | ▲ +22.2% |
| 2004 | 1.69x | $144.03 Million | $85.37 Million | ▲ +7.8% |
| 2003 | 1.57x | $129.52 Million | $82.74 Million | ▲ +0.5% |
| 2002 | 1.56x | $105.37 Million | $67.66 Million | ▲ +6.3% |
| 2001 | 1.46x | $88.68 Million | $60.55 Million | ▲ +20.5% |
| 2000 | 1.22x | $82.70 Million | $68.06 Million | ▼ -4.4% |
| 1999 | 1.27x | $96.13 Million | $75.60 Million | ▲ +4.6% |
| 1998 | 1.22x | $75.75 Million | $62.30 Million | ▲ +0.9% |
| 1997 | 1.20x | $56.01 Million | $46.50 Million | ▲ +2.1% |
| 1996 | 1.18x | $36.22 Million | $30.70 Million | ▼ -40.9% |
| 1995 | 2.00x | $27.15 Million | $13.60 Million | ▲ +56.1% |
| 1994 | 1.28x | $31.98 Million | $25.00 Million | ▲ +10.8% |
| 1993 | 1.15x | $23.20 Million | $20.10 Million | ▲ +4.1% |
| 1992 | 1.11x | $18.30 Million | $16.50 Million | ▼ -1.8% |
| 1991 | 1.13x | $14.80 Million | $13.10 Million | ▼ -1.6% |
| 1990 | 1.15x | $13.20 Million | $11.50 Million | ▲ +20.4% |
| 1989 | 0.95x | $10.30 Million | $10.80 Million | — |