Welltower Inc (WELL) — Cash Flow Quality Index
Latest as of March 2026:
0.89x
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 how well can Welltower Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.89x
Operating CF / Net Income
Operating Cash Flow
$670.01 Million
USD
Net Income
$752.32 Million
USD
Data as of
Mar 2026
Most recent filing
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. For the full cash flow conversion analysis, see WELL cash flow conversion.
Annual Cash Flow Quality Index for Welltower Inc (1989–2025)
Year-by-year earnings quality comparison for 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 | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.