Welltower Inc (WELL) — Cash Flow Reinvestment Rate
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. See free cash flow generation of Welltower Inc to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Welltower Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Welltower Inc across 37 annual periods. For the full cash flow conversion analysis, see Welltower Inc cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Welltower Inc (1989–2025)
Year-by-year capital reinvestment analysis for Welltower Inc. See Welltower Inc (WELL) flexibility index to measure the company's free cash flow as a share of total liabilities.
| 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 | — |