Welltower Inc (WELL) — Free Cash Flow Generation Index
Welltower Inc (WELL) has a Free Cash Flow Generation Index of 0.99x as of December 2025. Free cash flow of $646.85 Million represents 1% of operating cash flow ($654.33 Million). See Welltower Inc (WELL) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Welltower Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Welltower Inc across 37 annual periods. Explore cash flow to debt ratio of Welltower Inc to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Welltower Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Welltower Inc. For the full company profile including market capitalisation, see Welltower Inc market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.00x | $2.88 Billion | $2.88 Billion | $33.80 Million | ▲ +2.6% |
| 2024 | 0.97x | $2.20 Billion | $2.26 Billion | $58.12 Million | ▲ +0.6% |
| 2023 | 0.97x | $1.55 Billion | $1.60 Billion | $50.70 Million | ▼ -0.9% |
| 2022 | 0.98x | $1.30 Billion | $1.33 Billion | $30.49 Million | ▼ -0.8% |
| 2021 | 0.98x | $1.26 Billion | $1.28 Billion | $19.35 Million | ▼ -0.2% |
| 2020 | 0.99x | $1.35 Billion | $1.36 Billion | $17.47 Million | ▼ -0.3% |
| 2019 | 0.99x | $1.52 Billion | $1.54 Billion | $15.27 Million | ▼ -0.5% |
| 2018 | 1.00x | $1.58 Billion | $1.58 Billion | $7.91 Million | ▲ +0.4% |
| 2017 | 0.99x | $1.42 Billion | $1.43 Billion | $13.49 Million | ▲ +0.7% |
| 2016 | 0.98x | $1.61 Billion | $1.64 Billion | $16.94 Million | ▼ -1.0% |
| 2015 | 0.99x | $1.36 Billion | $1.37 Billion | $8.67 Million | ▼ 0.0% |
| 2014 | 0.99x | $1.13 Billion | $1.14 Billion | $7.15 Million | ▲ +0.1% |
| 2013 | 0.99x | $981.80 Million | $988.50 Million | $6.70 Million | ▲ +0.5% |
| 2012 | 0.99x | $808.36 Million | $818.13 Million | $9.78 Million | ▲ +113.4% |
| 2011 | -7.36x | $-4.33 Billion | $588.22 Million | $4.92 Billion | ▼ -55.2% |
| 2010 | -4.74x | $-1.73 Billion | $364.74 Million | $2.09 Billion | ▼ -598.6% |
| 2009 | -0.68x | $-258.87 Million | $381.26 Million | $640.13 Million | ▲ +69.1% |
| 2008 | -2.19x | $-736.72 Million | $335.65 Million | $1.07 Billion | ▼ -57.7% |
| 2007 | -1.39x | $-367.33 Million | $263.88 Million | $631.21 Million | ▼ -41.6% |
| 2006 | -0.98x | $-212.74 Million | $216.45 Million | $429.18 Million | ▲ +59.9% |
| 2005 | -2.45x | $-425.54 Million | $173.75 Million | $599.29 Million | ▲ +75.0% |
| 2004 | -9.78x | $-1.41 Billion | $144.03 Million | $1.55 Billion | ▼ -350.9% |
| 2003 | -2.17x | $-280.89 Million | $129.52 Million | $410.41 Million | ▲ +24.9% |
| 2002 | -2.89x | $-304.34 Million | $105.37 Million | $409.71 Million | ▼ -338.6% |
| 2001 | -0.66x | $-58.40 Million | $88.68 Million | $147.08 Million | ▼ -250.2% |
| 2000 | 0.44x | $36.25 Million | $82.70 Million | $46.45 Million | ▲ +135.3% |
| 1999 | -1.24x | $-119.36 Million | $96.13 Million | $215.49 Million | ▲ +51.6% |
| 1998 | -2.56x | $-194.27 Million | $75.75 Million | $270.01 Million | ▼ -79.9% |
| 1997 | -1.43x | $-79.83 Million | $56.01 Million | $135.84 Million | ▼ -72.9% |
| 1996 | -0.82x | $-29.86 Million | $36.22 Million | $66.08 Million | ▼ -192.6% |
| 1995 | 0.89x | $24.18 Million | $27.15 Million | $2.98 Million | ▲ +71.3% |
| 1994 | 0.52x | $16.62 Million | $31.98 Million | $15.35 Million | ▼ -48.0% |
| 1993 | 1.00x | $23.20 Million | $23.20 Million | $0.00 | ▲ +45.2% |
| 1992 | 0.69x | $12.60 Million | $18.30 Million | $5.70 Million | ▼ -31.1% |
| 1991 | 1.00x | $14.80 Million | $14.80 Million | $0.00 | ▲ +0.0% |
| 1990 | 1.00x | $13.20 Million | $13.20 Million | $0.00 | ▲ +0.0% |
| 1989 | 1.00x | $10.30 Million | $10.30 Million | $0.00 | — |