Sector: Real Estate|Industry: REIT - Healthcare Facilities|Market Cap: $78.20B|Employees: 533
Welltower Inc. is a real estate investment trust that focuses on healthcare infrastructure, primarily seniors housing, post-acute care, and outpatient medical properties. The company operates in major, high-growth markets in the United States, Canada, and the United Kingdom, and aims to provide consistent cash dividends to its stockholders through a diversified investment portfolio.
The Seniors Housing Operating segment accounted for 72% of total revenues for the year ended December 31, 2023, consistent with 72% in 2022 and 68% in 2021, indicating its continued dominance in the company's revenue mix. This highlights the importance of this segment to the company's overall financial performance.
The Outpatient Medical segment accounted for 11%, 12% and 13% of total revenues for each of the years ended December 31, 2023, 2022 and 2021, respectively, indicating a relatively stable contribution to the company's overall revenue. This consistency suggests a predictable revenue stream from this segment.
The Triple-net segment accounted for 16%, 16% and 19% of total revenues for the years ended December 31, 2023, 2022 and 2021, respectively. This indicates a decreasing contribution to total revenue from this segment over the past three years, which may require further analysis.