Welltower Inc (WELL) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.66x

Welltower Inc (WELL) has a Cash Flow Reinvestment Rate of 0.66x as of March 2026, reinvesting $439.69 Million (capex $388.31 Million plus investments $-51.39 Million) from operating cash flow of $670.01 Million. Check WELL cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.66x
(Capex + Investments) / Operating CF

Total Reinvested

$439.69 Million
Capex + Investments

Operating Cash Flow

$670.01 Million
USD

Capital Expenditures

$388.31 Million
USD

Welltower Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Welltower Inc across 37 annual periods. Explore WELL strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Welltower Inc (1989–2025)

Year-by-year capital reinvestment analysis for Welltower Inc. For live market cap and broader valuation context, see Welltower Inc (WELL) total market value.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.04x $110.44 Million $2.88 Billion $33.80 Million ▼ -98.4%
2024 2.47x $5.57 Billion $2.26 Billion $58.12 Million ▲ +30.4%
2023 1.89x $3.03 Billion $1.60 Billion $50.70 Million ▲ +496.9%
2022 0.32x $421.57 Million $1.33 Billion $30.49 Million ▼ -49.1%
2021 0.62x $794.62 Million $1.28 Billion $19.35 Million ▲ +35.6%
2020 0.46x $627.22 Million $1.36 Billion $17.47 Million ▲ +647.5%
2019 0.06x $94.44 Million $1.54 Billion $15.27 Million ▲ +45.8%
2018 0.04x $66.81 Million $1.58 Billion $7.91 Million ▼ -22.7%
2017 0.05x $78.31 Million $1.43 Billion $13.49 Million ▼ -64.4%
2016 0.15x $251.08 Million $1.64 Billion $16.94 Million ▼ -61.7%
2015 0.40x $549.31 Million $1.37 Billion $8.67 Million ▼ -8.4%
2014 0.44x $497.09 Million $1.14 Billion $7.15 Million ▲ +284.9%
2013 0.11x $112.12 Million $988.50 Million $6.70 Million ▼ -88.9%
2012 1.03x $838.80 Million $818.13 Million $9.78 Million ▼ -87.7%
2011 8.36x $4.92 Billion $588.22 Million $4.92 Billion ▲ +22.0%
2010 6.85x $2.50 Billion $364.74 Million $2.09 Billion ▲ +308.2%
2009 1.68x $640.13 Million $381.26 Million $640.13 Million ▼ -47.4%
2008 3.19x $1.07 Billion $335.65 Million $1.07 Billion ▲ +33.6%
2007 2.39x $631.21 Million $263.88 Million $631.21 Million ▲ +20.6%
2006 1.98x $429.18 Million $216.45 Million $429.18 Million ▼ -42.5%
2005 3.45x $599.29 Million $173.75 Million $599.29 Million ▼ -68.0%
2004 10.78x $1.55 Billion $144.03 Million $1.55 Billion ▲ +240.2%
2003 3.17x $410.41 Million $129.52 Million $410.41 Million ▼ -18.5%
2002 3.89x $409.71 Million $105.37 Million $409.71 Million ▲ +134.4%
2001 1.66x $147.08 Million $88.68 Million $147.08 Million ▲ +195.3%
2000 0.56x $46.45 Million $82.70 Million $46.45 Million ▼ -74.9%
1999 2.24x $215.49 Million $96.13 Million $215.49 Million ▼ -37.1%
1998 3.56x $270.01 Million $75.75 Million $270.01 Million ▲ +47.0%
1997 2.43x $135.84 Million $56.01 Million $135.84 Million ▲ +32.9%
1996 1.82x $66.08 Million $36.22 Million $66.08 Million ▲ +1564.7%
1995 0.11x $2.98 Million $27.15 Million $2.98 Million ▼ -77.2%
1994 0.48x $15.35 Million $31.98 Million $15.35 Million
1993 0.00x $0.00 $23.20 Million $0.00 ▼ -100.0%
1992 0.31x $5.70 Million $18.30 Million $5.70 Million
1991 0.00x $0.00 $14.80 Million $0.00
1990 0.00x $0.00 $13.20 Million $0.00
1989 0.00x $0.00 $10.30 Million $0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow