Welltower Inc. reported strong Q4 2024 results, with net income of $119.97 million and normalized FFO per diluted share of $1.13, up 17.7% year-over-year. The company's Seniors Housing Operating (SHO) portfolio drove growth, with a 23.9% increase in same-store NOI and an 8.8% rise in same-store revenue. Welltower completed $2.4 billion in investments during the quarter and maintained strong liquidity of $8.7 billion.
Welltower reported a strong third quarter with a 20.7% increase in normalized FFO per share and a 12.6% growth in total portfolio same-store NOI. The Seniors Housing Operating portfolio was a key driver, with revenue growth and margin expansion. The company also completed substantial investments and improved its liquidity position.
Welltower reported a strong second quarter, marked by a 16.7% increase in normalized FFO per share, driven by Seniors Housing Operating portfolio growth. The company completed significant investments and portfolio transitions, strengthening its balance sheet and liquidity.
Welltower reported a strong first quarter in 2024, marked by significant growth in normalized FFO and same-store NOI. The company has also revised its full-year outlook, reflecting increased confidence in its performance.
Welltower reported a strong fourth quarter in 2023, with net income attributable to common stockholders of $0.15 per diluted share and normalized FFO of $0.96 per diluted share, a 15.7% increase year-over-year. The company's total portfolio same store NOI grew by 12.5%, driven by a 23.7% increase in the Seniors Housing Operating portfolio. Welltower completed $3.0 billion in pro rata gross investments during the quarter and maintained a robust liquidity profile.
Welltower reported a strong third quarter with normalized FFO of $0.92 per share and same-store NOI growth of 14.1%, driven by its Seniors Housing Operating portfolio. The company completed $1.4 billion in pro rata acquisitions and loan funding during the quarter and revised its full-year outlook upward.
Welltower's Q2 2023 results showed a net income of $0.20 per diluted share and normalized FFO of $0.90 per diluted share. The company experienced a 12.7% year-over-year same-store NOI growth, driven by a 24.2% increase in the Seniors Housing Operating portfolio. Welltower revised its full-year net income outlook to $0.73 to $0.84 per diluted share and normalized FFO guidance to $3.48 to $3.59 per diluted share.
Welltower reported a solid first quarter in 2023, with net income of $0.05 per diluted share and normalized FFO of $0.85 per diluted share. The company saw strong same-store NOI growth, particularly in its Seniors Housing Operating portfolio, and completed significant investment and capital activity to strengthen its liquidity and fund future growth.
Welltower reported a net loss of $0.01 per diluted share and normalized FFO of $0.83 per diluted share for Q4 2022. The company experienced strong same-store NOI growth, particularly in its Seniors Housing Operating portfolio, and made strategic moves to optimize its portfolio, including forming a joint venture with Integra Healthcare Properties.
Welltower reported a net loss of $0.01 per diluted share, but normalized FFO of $0.84 per diluted share. The company saw same-store NOI growth of 7.2%, driven by a 17.6% increase in the Seniors Housing Operating portfolio. Welltower completed $1.1 billion in pro rata gross investments and reduced variable rate debt by $817 million after the quarter ended.
Welltower reported a solid second quarter with normalized FFO of $0.86 per share, driven by strong same-store NOI growth in the Seniors Housing Operating portfolio. The company completed $1.6 billion in pro rata gross investments and closed on an amended $5.2 billion unsecured credit facility.
Welltower reported a solid first quarter in 2022, marked by normalized FFO exceeding guidance, significant growth in Seniors Housing Operating portfolio occupancy and same-store NOI, and substantial investment activity.
Welltower reported a net income of $0.13 per diluted share and normalized FFO of $0.83 per diluted share for Q4 2021. The SHO portfolio spot occupancy increased by approximately 70 bps during the quarter to 77.7%, and same store revenue growth accelerated to 4.8% compared to the prior year.
Welltower reported a net income of $0.42 per diluted share and normalized FFO of $0.80 per diluted share. The Seniors Housing Operating portfolio saw occupancy gains and revenue growth, with positive trends in the US and UK. The company completed significant investments and dispositions, and Moody's and S&P revised their ratings outlook to Stable.
Welltower reported a net income of $0.06 per diluted share and normalized FFO of $0.79 per diluted share. The Seniors Housing Operating portfolio occupancy increased by approximately 190 bps during the second quarter. The company completed $1.5 billion of pro rata gross investments and announced the acquisition of an 86 property seniors housing portfolio operated by Holiday Retirement for $1.58 billion.
Welltower reported a net income of $0.17 per diluted share and normalized FFO of $0.80 per diluted share. The company saw an increase in Seniors Housing Operating (SHO) portfolio occupancy and completed significant investments and dispositions, including a substantial exit from its operating relationship with Genesis Healthcare.
Welltower reported a net income of $0.39 per diluted share and normalized FFO of $0.84 per diluted share. They completed $657 million in pro rata acquisitions and $781 million in pro rata dispositions since the start of Q4 2020. Over 90% of assisted living and memory care facilities in their Seniors Housing Operating portfolio completed their first vaccination clinic.
Welltower reported a net income of $0.77 per diluted share and normalized FFO of $0.84 per diluted share. The company completed $1.4 billion in pro rata dispositions and reported a net debt to Adjusted EBITDA of 6.02x. They also enhanced their near-term liquidity profile to $5.2 billion.
Welltower reported a net income of $0.42 per diluted share and normalized FFO of $0.86 per diluted share for the second quarter of 2020. The company faced challenges in its seniors housing and post-acute care businesses due to the COVID-19 pandemic, but saw sequential improvement in seniors housing occupancy trends towards the end of the quarter. Welltower prioritized its balance sheet strength and completed strategic dispositions.
Welltower Inc. reported first-quarter results, which were impacted by the emerging COVID-19 pandemic, particularly in the seniors housing operating portfolio. The company took steps to support its operators and tenants and to strengthen its balance sheet amidst the challenges.
Welltower reported strong fourth-quarter results, driven by growth in normalized FFO and same-store NOI. The company completed significant investments and continued to redefine healthcare infrastructure.