WELLWelltower
Welltower Inc. (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company, is positioned at the center of the silver economy, focusing on rental housing for aging seniors across the United States, United Kingdom and Canada. 10-K, Item 1
- Headquarters
- Toledo, OH
- CEO
- Shankh Mitra
- Next results
- around Feb 9, 2027
What changed
10-K filed Feb 12, 2026 against Feb 12, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 15 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Critical audit matters changed | New this year: Valuation and accounting for stock-based compensation (“As discussed in Note 15 to the consolidated financial statements, during the year ended December 31, 2025, the Company awarded long-term incentive plan (“LTIP”) units of Welltower OP to the Company’s named executive officers and certain key employees (together, the “Awards”) that are vested immediat”). Same as last year: Impairment of real property and investments in unconsolidated entities | 10-K · XBRL |
| Accounting checks | 9 other checks clear, 1 worth a look | 10-K · XBRL |
| Insiders | 4 open-market buys in the last 90 days | Form 4 |
| Filings | 3 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Feb 12, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-12. Quoted as filed.
The largest component of the transactions we announced in 2025 is the acquisition of a real estate portfolio of seniors housing communities in the U.K. for £5.2 billion. Other properties we acquire may be located in new markets, either within or outside the U.S., where we may face risks associated with a lack of market knowledge or…
10-K, Item 1A
Accounting checks
latest 10-K9 of 10 clear 1 worth a look. Checks, not verdicts.
- !Critical audit matters changedNew this year: Valuation and accounting for stock-based compensation (“As discussed in Note 15 to the consolidated financial statements, during the year ended December 31, 2025, the Company awarded long-term incentive plan (“LTIP”) units of Welltower OP to the Company’s named executive officers and certain key employees (together, the “Awards”) that are vested immediat”). Same as last year: Impairment of real property and investments in unconsolidated entities
- ✓Receivables +12.8% vs revenue +35.6% (-22.8 pts)
- ✓Cash from operations $2.9B vs net income $961.8M (FY ending 2025-12-31)
- ✓Same auditor in both 10-Ks: Ernst & Young LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Oct 27, 20268-K Other events 8-K item 8.01
- Oct 27, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
- Oct 26, 20268-K Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01
Work on WELL in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
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