Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,606 | $4,742 | $5,861 | $6,638 | $7,991 |
| Gross Profit | $2,008 | $1,968 | $2,302 | $2,690 | $3,161 |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Net Income | $1,039 | $374 | $161 | $358 | $973 |
Over the past five years, Welltower Inc. has demonstrated considerable revenue and gross profit growth. In 2020, the company reported revenues of approximately 4606 million USD, which steadily increased to nearly 7991 million USD in 2024. Notably, the most pronounced revenue growth occurred between 2021 and 2022 (about a 23.6% increase) and from 2023 to 2024 (over 20%), indicating a robust positive trend that may be driven by a strategic expansion in its healthcare and senior living real estate portfolio. Gross profit trends mirror this pattern, rising from about 2008 million USD in 2020 to roughly 3161 million USD in 2024, despite a slight dip in 2021. Conversely, net income figures show significant volatility. While net income was approximately 1039 million USD in 2020, it dropped sharply by about 64% to 374 million USD in 2021 and declined further to 161 million USD in 2022. However, the subsequent rebound in 2023 (rising by over 120% to 358 million USD) and a strong recovery to nearly 973 million USD in 2024 (a jump of roughly 171%) suggest potential non-recurring adjustments or fluctuations in expense items, since operating income remained consistently reported at zero. Given the structural nature of REIT operations, these swings in net income might reflect variations in financing costs, property valuation adjustments, or changes in tax treatments. Overall, while revenue and gross profit trends signal a healthy operational expansion, the net income fluctuations warrant close monitoring to ensure long-term financial sustainability and to understand the underlying drivers in this specialized real estate investment sector.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.